Singapore Swing Trading Strategy Time Frame: So looking at this conservative giant, I created this forex strategy. It allows a trader to wait for the right time and capture a trend reversal.

Load up any currency pair that has a low spread, preferably any of the majors, and set the trading time frame to 15 minutes. Place 70 and 30 levels onto your RSI settings.

Wait for the close of a candle above the 2 Red Lines. Then confirm that the RSI went from below level 30 to above 30 as showed in the image.

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You can put the stops at the swing low of the previous candle or at any level based on your risk appetite. Wait for the close of a candle below the 2 Blue Lines. Then confirm that the RSI went from above level 70 to below 70 as showed in the image. The stops can be kept at the swing high of the previous candle or at any level based on your risk appetite. Option 2 Open 2 lots.

Exit at Support and Resistance levels. Option 3 Trading forex in singapore at the nearest 50 or 00 level.

These are psychological levels. Once in a trade, at the close of each candle, place your stop 1 pip below the low if in a buy trade.

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Vice versa for sell trade. Click on the link to see the article to learn how to install the Forex Trend Line Indicator for this strategy.

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Using this swing trading strategy Load up any currency pair that software for investing in stock market a low spread, preferably any of the majors, and set the trading time frame to 15 minutes. Exit Strategies Option 1 1: Singapore Swing Trading Strategy Video Tutorial: Want to attend our next Live Webinar?

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