Trading is timing…Wait for specific triggers, structure dictates strategy, buy the dips, understand short-term swing trading. Swing trades are those trades held 1-3 days. This time horizon is working very well in today’s market.
In this current trade example of JPMorgan I will show how we bought with support, expecting demand and utilizing weakness. By combining all of our levels, this is how we successfully set up a valid trade to reach our goal – being profitable. Let’s take a look at this trade on the charts.