Daily Swing Strategy

This strategy is somewhat between the intra - day strategies and the Trend following strategies.

I include this strategy here because it is traded intra - normally.

I will insert just one screen shot. This is intra - day swing strategy. It is a huge error to try to scalp with this.

It is difficult to say at what time frame we are going to look for daily swings. Normally it is between the 30 m. and 15 m. time frame.

The 1 h time frame is quite big and can be used in some conditions as a pronounced trend. Normally we use the 1 h time frame for an entry for the real swing trades and not for intra -day but every one has to apply common sense and act according to the situation.

The 5 m time frame is too quick for a swing strategies. But sometimes with this template there can be found very sweet opportunities, especially when we have a persistent trend movement.

OK with this template for intra-day swing trade a lot of common sense has to be applied. Lokk at the market conditions. Take care of news announcements do not try to swing trade during announcements.

The appropriate market conditions are:

15 m and 30 m red FGDI : Persistent movement and a trend probability.

Filters: JCFBaux is indicating trend (try to evaluate the levels that will indicate trend)

SSA (and the polarysed fractal efficiency) has a signal in a direction with the dot signal of the Brain Trend

Those algorithms work very well on most of the market conditions. They start to misbehave when we have a clear choppy price action. But that can be identified bu the FGDI.

Anyway a black noise movement can occur at every moment and cannot be predicted.

Example:

Look at the last signal. We had a short entry. But now it is late to go on the short side. That is why because the fractal dimension went on the 1,5 level. And on that level we have a 50/ 50 probability between continuation and reversal.

On the other hand the SSA indicated by two arrows a possible reversal. Usually this is not a signal. In fact after the screen shot the price moved 15 pips in that direction. But this was not a swing trade signal.

We have to distinguish the normal swing trade and the swing trade from the system. Normally we can go on the long side, but this system has not given a long signal yet.

This system is a very reliable swing trading system. Do not try to use it as a scalper system.

Scalping requires much more experience. And this system if applied the turtles way can bring good results.

Everything can be downloaded from there:

http://microhedgefund.blogspot.com/