2. What kind of market conditions are suitable for swing trading?
Swing trading can be done at any time, but if you want to increase returns and reduce risks, it is most appropriate to do swing trading when the following conditions are met.
1. The currency price has been sideways for a long time and has large fluctuations (between 5% and 30%);
2. In the long run, there is an upward trend.
3. In the long run, although it is a downward trend, every decline can have a good callback;
When these phenomena exist, it is suitable for swing trading. In addition, it is emphasized that if you think it is a bull market, or the bull market phenomenon is very obvious, don’t do swing trading, just buy it and hold it for a long time. Because if the bull market comes, once you get off the bus by doing swing trading, it will be difficult to catch up with the bus if the speed is too fast.
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