Swing Trading Secrets- Identifying Divergence and Convergence in Swings
In my experience as a trader, I have found swing trading to be one of the easier methods of making consistent income. However, there are certainly Swing Trading Secrets you don’t know. While swing trading does not offer the unbelievably high rate of return that day traders may achieve, it seems to be better suited for us traders who have jobs and responsibilities other than trading. A key concept in any trading is identifying divergence and convergence. While this is typically achieved using indicators such as the MACD, Stochastics, and/or RSI, it is also possible using nothing but price action.
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View Comments (2)
hi - is there a chart template? Also, for the screenshot what setting did you use?
Unfortunately, I do not have a chart template or the settings used in the images. I would assume I used the default indicator settings in the Swing Trading indicators, as that is what I usually do.