Commodity Swing Trading Strategy
1 Hour Swing Trading Strategy
Swing Traders
This swing commodity trading group holds on to their commodities trades for a few days to a week. With the objective of making a large number of pips: 100 - 400 pips.
Swing commodity trader using 1H chart commodities trading chart timeframe wants to short sell, checks 4 Hour chart commodities trading chart time frame, which looks like the commodities trading example illustrated and shown below, since 4 hour shows the commodity trend is going down, then decides from this technical analysis it's ok to sell.
Chart Time Frames - M15 Swing Strategy PDF - 1 H Swing Trading Strategy
Commodity Swing Trader traders using technical analysis use commodity charts to try and attempt to predict the movement of commodity price on the commodity trading charts.
Commodity Trading Swing traders will sometimes use two or more commodities trading chart timeframes so that to determine the long term commodity trend & short term commodities trend.
How to Define A Commodity Trading Price Commodity Trading Trend for Swing Trading
Using a commodities trading system that has Three indicators - Moving Average Crossover System, RSI & MACD & using simple rules to define the commodities trend. The trading rules are:
Upwards Commodities Trading Trend
Both MAs Moving Up
RSI above 50
MACD Above Center line
Downwards Commodity Trading Trend
Both MAs Moving Down
RSI below 50
MACD Below Center line
Multiple commodity charts time frames analysis equals using 2 chart time-frames to trade commodities trading - a shorter commodities chart time-frame used for trading & a longer chart time frame to check the Commodity Trading trend - the chart time frames that you select for trading commodity price action with will depend on the type of trader you are: for Swing Traders the chart time frames used for trading will be an example of 1 hour commodities chart time-frame & 4 Hour commodities chart time frame.
Since it's always good to follow the commodity trend when commodity trading Swing Trading, in Multiple Timeframe Analysis, the longer 4 hour commodities trading chart time-frame gives us the direction of the long term commodity trend when Swing trading using the 1 hour Commodity Trade Chart Time-Frame.
