I intend on starting a swing trading/longer term horizon approach to trading the markets. I intend to demonstrate my ability and share my trades/analysis on this thread and report my results.
I already operate a swing trading account with my primary focus on Commodities. I will expand that to equities and forex. I will be applying my inter-market analysis approach once again at forecasting the markets.
Hopefully this will also aid the average investor/trader looking to gain an insight at tackling the longer time frames.
Let the games begin........
Comments
I am swing long USD/JPY 101.87
sl = 99.87
tgt = 103.87
risk 200 reward 200 - hardly great r/r
oh sl = stop loss. got it
Typo Aadil 6298?
I am swing long FTSE 6498
sl = 6298
tgt = 6698
I am swing short nasdaq 3504
sl = 3650
tgt = 3285
Bear flag in play ..........as previous support = resistance
FA arguments for Aussie sell off
1. weaker inflation data in Australia
2. Tapering = US dollar strong
3. Chinese data week
4. EU data weak
5. Emerging markets concerns dominate = risk off
6. US data weak = weak growth
I am swing short 0.8760
sl = 0.8860
tgt = 0.8660
FTSE and nasdaw longs closed + 50 and + 30
+ 80 points