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The main objective of a swing trader is to profit from swings in price movement over the course of several days. While we might trade every day, we are not day traders. As swing traders, we have the patience to wait until our profit goals have been reached. Fortunately, the wait is not too long. A typical trade is only in play from a few days to a few weeks. When a trade is closed, the funds go into the next trade.

Money management is very important in swing trading. I divide my trading capital by 15. This is the amount that I put into each trade. As the total account grows, the amount of each trade grows. If you can handle a larger number of trades, you might increase the number of trades that are active to 20. Of course you can also start with 2 or 3 trades at a time. Each day I identify 20 to 25 candidates for swing trading. If I have 10 trades active and enough additional investment capital for 5 more trades, I pick the best 10 from my list of 25, and place the orders. Only some of orders will get filled. I don’t worry about running out of money – if there is no cash left in the account, additional orders will simply not get filled. (Make sure that your own account works this way, otherwise, your brokerage firm might fill the order and expect additional funds within the next few days.)
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Let’s face it, work pressures and world uncertainties are making it essential for us to secure the future and provide extra money for the years to come. Increased tax and competition in the work place is making it essential for all of us to have another source of income. Simply put, money will get tighter and the days will get harder unless you discover the secrets for easily, effectively,
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So what’s the secret?
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Stock Traders will be able to lift their profits using ‘Turning Points’ and simple step-by-step strategies!
Options Traders will be able to enter the markets with greater leverage to lock in profits in bull or bear markets. And… every day, we’ll put the results of our trades onto our web site for all our subscribers to see. So..welcome to the world of the ‘Turning Point’ Box. You are about to prove to yourself that you can benefit from returns on over 80% of our forecasts. Good Trading..and don’t forget to get in touch with me if you have any questions about our trading method.
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Setup:

* Open up a daily chart on EUR/JPY.
* Apply Bill Willam’s Accelerator Oscillator (AC).
* Apply Stochastic with setting 5,3,3 on top of AC. Use the template if don’t know how to.
* Try and use demo MT4 from ODL securities. Every broker has different time when they start a new daily candle.
* ODL seems to have the time that works best. I only use their demo account for charts and place my trades on totally different broker.

Short Entry: RED AC below 0 and Stot below 0
Long Entry: Green AC above 0 and Stot above 0
Exit: OppsiteBuy/Sell signal or as per Money Management.
Filter: Apply 200SMA. If price is below 200SMA then only take short trades. If Price is above 200SMA then only take long trades.

Money Management:

* Trade with 5 Lots with Stop Loss 100 pips away
* Take Profit on 1st Lot at 50 pips. Move Stop Loss to Break Even (BE).
* Take Profit on 2nd Lot at 100 pips.
* Take Profit on 3rd Lot at 150 pips.
* Take Profit on 4th Lot at 200 pips.
* Let the 5th Lot run until you see an opposite entry signal.
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