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 FTSE 6928
SL = 6728
tgt = 7128
NZD/USD shorts closed +130
FTSE shorts closed +10
I am swing short NZD/USD 0.7499
sl 0.7630
tgt = 0.7370
I am swing short FTSE 6938
sl = 7088
tgt = < 6800
Dax longs closed +50
Active trade remains long FTSE
I am swing long Dax 11262
sl 11060
tgt 11460
Swing shorts closed b/e
I am now swing long FTSE 6932
sl = 6732
tgt = 7132
I am swing long EUR/USD 1.1363
sl 1.1160
tgt = 1.1560
I am swing short Eurostoxx 50 from 3544
sl = 3644
tgt = 3444