Swing Trade Duratio: Advice for Forex Traders
Swing trading is a popular Forex trading strategy that involves taking advantage of short-term price movements, typically up to 1-2 weeks. It can be used to take advantage of both short-term and long-term price movements. Swing traders aim to capitalize on short-term changes in prices to make consistent profits. They typically use technical analysis to identify suitable entry points of trades and employ various money management strategies to set stop-loss and take profit levels. Profit targets are usually set at 1-2% per trade, meaning traders should be able to reap the rewards of their efforts over the long-term.
