Swing Trading With Rsi and Macd

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SWING

TRADING
RSI & MACD
BHARAT JHUNJHUNWALA
CMT,CFTe,MFTA,MSTA
WHAT IS SWING TRADING?

Swing trading is a trading style that aims to capture short to medium-term price
movements within a trending market. Unlike day trading, which involves opening
and closing positions within the same trading day, swing traders hold positions for
a few days to several weeks, taking advantage of price swings or "swings" in the
market.
TOOLS:

Price > 20 SMA Bands

Look at RSI > 60

Candle & Volumes


Rules:

1) Price crosses the high of 20 EMA Band


2) MACD Histogram turns Green
3)RSI is sloping up - best case above 60 levels
4)Prices are forming bullish candles with advancing volumes
4% RISK
6% RISK
WHY KEEP RISK BELOW 10%
Rules:

1) Price crosses the LOW of 20 EMA Band


2) MACD Histogram turns RED
3)RSI is sloping DOWN - best case, BELOW 40 levels
4)Prices are forming BEAR candles with advancing volumes
5)SELL ONLY AFTER A LH & LL IS CREATED!
www.prorsi.com

+91.9748173333

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Bharat Jhunjhunwala

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