Assistant for Locating Swings

Assistant for Locating Swings explained by professional Forex trading experts the “ Assistant for Locating Swings” FX trading team.

 Assistant for Locating Swings?

Swings can best be characterized as market ‘inflection points,’ that are exhibited during the multiple changes in price that take place in almost every currency pair.

Rarely does a market make a clean move in one direction. Most down-trends are characterized by deeper ‘down swings,’ and smaller ‘up swings.’
In our previous articles in the price action series (links available at the bottom of this article), we show numerous mechanisms that traders can use to identify trends, initiate trades, and manage positions using only price action on the chart.

Swings can best be characterized as market ‘inflection points,’ that are exhibited during the multiple changes in price that take place in almost every currency pair.

For traders looking to trade with swings, or traders looking to deepen their identification of market swings, the fractal indicator can be of great assistance.

Fractals are going to point out swings on the chart for us.

An ‘Up,’ fractal is going to be shown on candles in which the candle to the left and the candle to the right show us a higher value.

 Assistant for Locating Swings Conclusion

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