0:02 are you too busy to day trade and do you
0:05 think that day trading is too fast and
0:08 too risky for you if that's the case
0:10 then swing trading might be perfect for [Music]
0:12 [Music]
0:14 you welcome back to another humble
0:16 Trader video on my channel the last
0:19 couple of months I've shared many swing
0:21 trading dedicated videos and the
0:24 response has been amazing so thank you
0:26 today we have a highly highly requested
0:29 video The Ultimate Guide to swing
0:32 trading for beginners swing trading is a
0:34 great way for students or part-time
0:36 traders who are too busy with a regular
0:40 9 to7 job to make some side income it's
0:42 overall a lot less time consuming than
0:45 day trading and takes less starting
0:48 capital and a lot less risky if you
0:50 struggled with day trading or looking at
0:52 charts all day then swing trading is
0:54 definitely for you in today's ultimate
0:57 beginners guide to swing trading you're
0:59 going to learn getting started with
1:01 swing Trading the right mindset and
1:04 expectations because spoilers you're not
1:06 going to start banking Lamborghinis in
1:08 two months then you'll learn about
1:10 technical analysis for swing trading
1:12 you'll learn about the time frames as
1:15 well as indicators next we'll talk about
1:17 swing trading chart patterns my
1:19 recommended swing trading brokers and
1:21 last but not least once you've gone
1:23 through all the foundation listed above
1:25 then you're ready to learn my favorite
1:28 swing trading strategy as always if you
1:31 enjoy educational video like this please
1:33 remember to drop a like down below and
1:36 subscribe to see more first let's start
1:37 with how to get started with swing
1:40 trading why should you even choose swing
1:42 trading in the first place over day
1:44 trading through my many years of day
1:47 trading I've seen many pro day Traders
1:50 gradually transition to swing trading
1:53 and there are very good reasons for that
1:54 when you day trade you entering
1:57 positions inaday often in the first two
1:59 hours of the market open and you are
2:02 closing the position in the same day in
2:05 a couple hours minutes or sometimes in
2:07 seconds this kind of environment is very
2:10 fast-paced high adrenaline and yes you
2:13 can make a lot of money really fast but
2:15 you could also lose that same amount of
2:18 money just as fast so it's really really
2:21 stressful and after over 10 years of day
2:23 trading in that kind of high stress
2:25 environment I wanted to slow down a
2:27 little bit so that's the reason I
2:30 started swing trading a lot more last
2:32 year so in trading means instead of
2:34 holding a position for a couple seconds
2:36 minutes or hours you're holding the
2:39 trade for more than one day sometimes
2:41 weeks or even months so you can see just
2:44 from the longer holding period for your
2:46 positions that means you don't have to
2:48 care about the intraday fluctuations of
2:51 day trading which also means you don't
2:52 need to sit in front of the computer
2:54 looking at charts all day looking at
2:58 tickers it's less time consuming overall
3:00 and generally it's less stress for the
3:03 Trader and requires a lot less Capital
3:05 now of course there's also downside to
3:06 swing trading as well I'm not just going
3:08 to talk about the good and not the bad
3:10 because of everything I shared earlier
3:13 swing trading generally leads to slower
3:16 account growth compared to day trading
3:18 at least for most swing Traders you can
3:20 also flip the other way around as well
3:23 and see swing trading as less risky and
3:25 it's less likely that new Traders will
3:28 lose their entire trading account in one
3:30 day because that's something that's very
3:33 possible in day trading trust me I've
3:36 seen that happen to many day Traders and
3:38 had that happen to myself as well when I
3:40 was starting out as a beginner so if
3:42 you're actually interested in learning
3:44 swing trading then you just need to be
3:47 prepared for a much slower action
3:50 instead of using the fast-paced intraday
3:51 charts you should be looking at the
3:54 daily stock charts or even the weekly
3:56 charts and don't worry we'll be going
3:58 through all the technical analysis and
4:00 chart patterns in the next section of
4:02 the video If everything I just said
4:04 sounds appealing to you then let's move
4:07 on to the next part technical analysis
4:10 for swing trading now let's dive into
4:13 the exciting part of technical analysis
4:15 for swing trading we'll be talking about
4:18 charting time frames indicators and
4:21 supply and demand key levels let's start
4:23 with the most important aspect charting
4:26 time frame in trading time frame of a
4:28 chart refers to a length of time that
4:31 the trend is presented in a market it is
4:33 used by both day Traders and swing
4:36 traders to analyze price movements and
4:38 make decisions based on their trading
4:42 Styles and strategies so in day trading
4:44 most Traders will use smaller time
4:46 frames such as the 1 minute chart or the
4:49 five minute chart but in swing trading
4:51 the lowest time frame most Traders use
4:54 is the daily chart then the weekly chart
4:57 and sometimes even the monthly chart if
4:59 you think about it this makes a lot of
5:01 sense you're holding positions for days
5:04 weeks or even months instead of a couple
5:06 of minutes so you shouldn't let every
5:09 single tick on smaller time frames
5:11 distract you from the bigger picture and
5:13 that's why the daily chart which you can
5:16 see up here this is a default for most
5:18 swing Traders this is the chart I use
5:20 the most as well as the weekly chart
5:23 that you can see over here I only use
5:25 smaller time frames such as the 5 minute
5:27 charts or the 15 minute charts that you
5:30 can see here to execute my
5:33 orders next let's talk about the concept
5:35 of supply and demand this is a very
5:38 important aspect of technical analysis
5:41 to understand especially if you're doing
5:43 technical swing trading which is the
5:45 kind of strategy I'll be sharing with
5:47 you later in the video on the daily
5:49 chart over here you can see we have the
5:52 stock Google have you heard of them you
5:55 can see backing around like what June of
5:57 uh last year the stock peaked around
6:00 this 190s area and pull back all the way
6:05 down to this area let's call it one 168
6:08 165s here and then bounced off and went
6:09 even lower to
6:13 155 then down here to let's call it 149
6:15 at each of the lines that we just drawn
6:17 you can see that the stock after selling
6:20 off from these levels it kind of bounced
6:23 off that area multiple times you can see
6:26 here it bounced off this 164s went back
6:30 up to 173s and went even lower to
6:33 155s came back up to 160 you know 5S
6:36 area and sold off to 150s and after that
6:40 bouncing over back to the levels of 165s
6:42 again and the reason the stock bounced
6:45 at these Green Line these areas because
6:47 they were buyers there waiting to buy
6:50 the stock there is demand there which is
6:53 why these areas are called demand zone
6:56 or support Zone in general these are
6:59 areas of interest for buyers and these
7:01 are the areas where you should look for
7:04 your potential swing trading entries now
7:06 back to the Chart here you can see that
7:08 after the stock bounced off these green
7:11 lines it went all the way back up to the
7:14 174s area after it bounced here it went
7:19 back to 164s 150s back to 164s then it
7:22 went back to highs over here around 180s
7:25 then again after it bounced off this
7:28 support area went back to New highs
7:30 around the 190s which talked about and
7:34 even 200 up here and after the stock
7:37 Peaks at these red lines areas it pulled
7:39 back meaning that after hitting those
7:42 levels you can see the stock go back
7:44 down lower sometimes even selling off
7:46 drastically you can see that will be the
7:49 example here after hitting this 181s it
7:52 sold off drastically back down and 20
7:55 points lower same thing here after it
7:58 hit 200 it pulled all the way back down
8:00 to 188
8:02 and the reason the stock pulls back at
8:04 these red lines that you see here on the
8:06 screen is because there were sellers
8:09 there waiting to sell the stock and get
8:12 rid of it there is Supply that's why
8:15 these areas are called Supply zones or
8:18 resistance basically the opposite of
8:21 demand or support these resistance areas
8:23 are where you should look for potential
8:26 exit to sell and take profit on your
8:28 swing trading positions I do want to
8:30 make one thing clear though these
8:33 support and resistance lines are not
8:35 just some magical line that the stock
8:39 candles just bounce off for no reason
8:41 these lines or zones represent
8:43 significant price levels that people
8:46 have historically agreed to sell or to
8:49 buy so we must make sure to chart these
8:51 areas out because it's likely that it
8:54 will happen again but it's never
8:56 guaranteed next let's talk about
8:59 indicators on the daily chart and I will
9:01 will specifically be speaking about
9:04 indicators that I use for swing trading
9:06 before we continue if you're enjoying
9:09 this very comprehensive video guide on
9:11 swing trading so far please remember to
9:13 drop a like down below so even more
9:15 people interested in swing trading will
9:18 see this video and I really appreciate
9:21 it okay now continuing with indicators
9:22 first of all indicators are very
9:25 subjective every swing Trader uses
9:27 different pairs of indicators for me I
9:30 use the daily SMA here which is the
9:32 purple line you see on the daily chart
9:35 the simple moving average as well as the
9:38 8 EMA which is this orange line that you
9:41 see that's a lot shorter this is the 8
9:44 EMA exponential moving average and on
9:46 top of this pair of indicators I of
9:48 course use volume which is the volume
9:51 bar you can see at the bottom over here
9:53 okay let me talk about each of these
9:55 indicators I use in details here and
9:57 break it down to you why I like to use
10:01 them so that start with the 8 EMA again
10:03 that's the Orange Line you see over here
10:06 8 EMA is a momentum indicator I use it
10:08 to see if a stock is currently
10:11 uptrending in a breakout or
10:13 consolidating for either a move up or
10:16 down for example you can see this stock
10:19 R GTI it's been breaking out and riding
10:22 and shooting up along this Atma this
10:24 very strong momentum another example
10:26 over here you can see the stock is
10:28 breaking out pull back consolidate and
10:31 break out higher along this uptrend on
10:34 the 8 EMA I will explain even more about
10:36 these chart patterns in the next section
10:38 of the video but for now you just need
10:42 to know that you can use this 8 EMA to
10:44 write momentum on your swing trades to
10:47 the upside the next indicator we'll talk
10:51 about is 200 SMA simple moving average
10:53 which is the the purple one that you can
10:55 see over here the purple line here
10:58 that's the 200 SMA the 200 SMA is a key
11:01 indic Ator used by Traders and Market
11:04 analysts to determine the long-term
11:06 direction of a stock like the number
11:10 suggests 200 SMA it's a very long-term
11:12 moving average this line you see this
11:15 purple line essentially calculates the
11:18 average of the stock price over the last
11:20 200 days and why do you need to know
11:23 this as a swing Trader in general stocks
11:27 below 200 SMA is considered weak and not
11:29 ideal for swing trading or investing on
11:32 the long side and vice versa stocks
11:35 above the 200 SMA is considered bullish
11:37 and more ideal for swing trading or
11:39 investing again this is all just
11:41 technicals of course we're not talking
11:44 about fundamentals and because of this
11:46 very general concept I do not swing
11:49 trade stocks below the 200 SMA or at
11:51 least not with the strategy that I'll be
11:54 teaching you today okay let's talk about
11:56 the third indicator this is pretty
11:58 universally used for most day Traders
12:00 and swing Traders Traders and that is
12:03 volume this is the volume indicator here
12:05 down here below the volume indicator
12:09 shows you A visual representation of how
12:11 many shares of a stock is traded in a
12:14 single time period so at the bottom
12:16 volume bar here you can see the volume
12:18 for each of these daily candles so you
12:21 can see on this day the stock Goog
12:25 Google stocks traded 97 million shares
12:27 and on these lower days it traded only
12:30 about 52 million million volume is an
12:33 important indicator I Ed it help with
12:35 entering my swim positions as well as
12:39 exiting for a loss or take profit we'll
12:41 go through the details with actual
12:42 examples in the next
12:45 section okay let's talk about chart
12:48 patterns shall we this is often a very
12:51 highly debated Topic at least in day
12:53 trading and often quite skeptical about
12:56 all these chart patterns that you see
12:58 here that you can memorize and print out
12:59 on the internet
13:02 when they are used for intraday in day
13:04 trading just like technical analysis
13:07 chart patterns are subjective but for
13:09 swing trading large cap stocks
13:11 specifically I actually really enjoy
13:13 using them not because these patterns
13:16 work 100% of the time again nothing in
13:19 trading is ever guaranteed but because
13:22 I've seen these daily chart patterns for
13:24 swing trading repeat again and again in
13:28 the past for large cap stocks the reason
13:29 for that is because when you're swing
13:32 trading the charts are a little bit more
13:34 forgiving and you have the luxury of
13:37 time to let the trade work out and show
13:39 you whether the pattern or the setup you
13:42 have in mind is indeed working out or
13:45 setting up as you had expected so in
13:47 general there are three chart patterns
13:49 that I want to share with you today and
13:50 these are especially important if you
13:53 want to become a swing Trader the first
13:56 chart pattern is the breakout pattern
13:58 this is an important one so pay
14:01 attention this breakout chart pattern is
14:02 a foundation of the Swing trading
14:05 strategy that we're covering in this
14:08 video again this is my favorite strategy
14:11 so let's talk about what is a breakout a
14:13 breakout is a price action that occurs
14:16 when a stock is breaking through a daily
14:18 resistance now you can see that we're
14:20 starting to tie all the technical
14:23 analysis Concepts we learned earlier so
14:25 let's take a look at this Tesla chart
14:28 now on the daily chart you can see that
14:29 on the daily chart there's some
14:32 significant resistance here so that's
14:34 draw all the resistance as you learn how
14:37 to do so earlier around this 165 you can
14:39 see another resistance here tested once
14:42 and twice around here 158 okay let's
14:45 just use these two for now so you can
14:47 see at both of these resistance the
14:51 stock tested many times that 165 area
14:53 once here another time here one more
14:55 time here and once it gets finally gets
14:58 above those resistance that has tested
15:01 previous previous times it finally
15:04 explodes remember a breakout is only
15:06 strong if a stock has already tested
15:08 that resistance a couple of times before
15:11 usually at least two or three times one
15:12 more time here you can see the stock
15:17 tested that 159 area here one around
15:19 November of last year one more time
15:21 again couple weeks later and one more
15:24 time here and boom once it breaks out
15:27 the breakout here is explosive through
15:29 that key resistance level
15:31 and you might be able to tell by now
15:34 just from the screen sharing demo here
15:36 why this is my favorite chart pattern
15:38 for swing trading once a stock breaks
15:41 out of a multi-week or multi-month
15:43 resistance it can continue going for
15:46 multiple days just like Tesla here from
15:49 158 all the way to
15:52 483 that's more than 100 points per
15:54 share so let's take a look at some of
15:57 the examples of a breakout um peners
15:59 another one over here you can see once
16:03 it broke through that resistance here at
16:05 44s there's no going back and there's
16:07 another example here you can see some
16:11 resistance here around this area here
16:13 it's tested that once twice three more
16:15 times and then it breaks out and goes a
16:18 lot higher one more you can see this is
16:21 a crazy mover last year MST once it gets
16:23 through these long-term resistance this
16:26 is a multi-month resistance here here
16:29 here and one more time here around
16:31 October or November then you has a huge
16:36 breakout uh from 178 all the way to
16:39 $500 we will return to these breakout
16:41 charts later when I share with you the
16:43 swing trading strategy so make sure you
16:45 remember these okay now let's talk about
16:47 the second chart pattern which is the
16:51 opposite of a breakout breakdown so just
16:53 like we talked about earlier a breakout
16:55 is when a stock breaks through a key
16:58 resistance then that means a breakdown
17:01 is when a stock breaks down and breaks
17:03 below a key support So if you take a
17:07 look at this djt over here you can see
17:08 some resistance around here the stock
17:12 bounced off this area here here and here
17:14 you can see once it broke down that area
17:16 here 32s it actually broke down a couple
17:19 of times here here one more time and
17:21 this is the fourth time of a breakdown
17:23 once that breaks down it sold off all
17:26 the way from 33s down to $12 so that's
17:29 another example of a breakdown um
17:32 another one I think uh AMD has some good
17:36 breakdown examples you can see back here
17:38 once it broke through these support
17:42 areas here here each time once it broke
17:44 through this long-term support here it
17:47 sold off to the next level down 153s
17:49 when that once that breaks down one more
17:51 time it sold off to the lower level
17:54 support at 130s and
17:56 120s the next chart pattern is
17:59 consolidation chart pattern
18:01 consolidation is when a stock is trading
18:04 within a tight range for a period of
18:07 time for days or weeks consolidation
18:10 chart pattern is important to identify
18:12 because it usually leads to powerful
18:15 breakouts or breakdowns so let me show
18:18 you an example here you can see this AMD
18:20 chart before it had a breakout here from
18:24 183s to 220s over here it was trading
18:27 sideways for a while in this range in
18:29 this range over here this what we call a
18:32 consolidation it went up to 180s pull
18:35 back down to 163's back to that same
18:38 area tested it many times this is a span
18:41 of you know at least a month actually in
18:43 this consolidation the stock usually
18:46 needs to consolidate before a major
18:48 breakout another example here you can
18:50 see a smaller and not as you know
18:53 apparent consolidation area you can see
18:56 the stock had to trade around this range
18:59 here for a while until it break out once
19:02 that fails it sells off going back to a
19:04 Tesla example we had earlier you saw
19:07 this uh explosive breakout here then
19:09 that's because that's a result of a
19:11 consolidation of a stock testing the
19:14 same resistance and support for a while
19:16 this is for a couple of weeks here from
19:18 mid November to mid December before it
19:21 was able to break out you can see not
19:23 every stock needs to consolidate to
19:26 break out or break down but sometimes
19:28 these consolidation areas will provide
19:31 us swing Traders really good entries to
19:34 get in so you can position yourself with
19:37 the correct risk reward before the stock
19:39 actually breaks out quick reminder I
19:41 share a lot of trade ideas for both
19:44 swing trading and day trading and talk
19:46 about all these daily charts patterns
19:48 that you just learned I share them in my
19:50 free weekend watch list in which you can
19:52 sign up for free down
19:54 below all right now let's talk about
19:57 swing trading brokers and tools that I
19:59 personally found very use useful I think
20:02 it's a general good practice to keep
20:04 your swing trading account separate from
20:06 your day trading account this way you
20:08 don't get itchy fingers and take profits
20:11 too early on your swing trades when you
20:13 are day trading the same ticker or
20:16 having a bad day in day trading because
20:18 that's happened to me many times before
20:20 the Brokers I like to use for swing
20:23 trading are Centerpoint Securities and
20:25 interactive brokers I'll leave links to
20:28 any sign up promotions down below I
20:30 actually really like the mobile app for
20:33 interactive brokers I often times just
20:36 execute my entries or take profit while
20:38 being on the phone they also allow you
20:41 to use OC orders or bracket orders on
20:43 the mobile app which is very convenient
20:46 and allows you to manage your day trades
20:49 or swing trades very easily I use both
20:51 interactive brokers and Centerpoint
20:53 Securities to execute the swing trading
20:55 strategy that we'll cover in the next
20:57 section other Brokers that you can also
21:00 check out and consider are Weeble they
21:03 also have really good mobile interface
21:05 and the desktop is pretty friendly as
21:07 well to beginners and they're commission
21:10 free only in the US for charting wise I
21:12 recommend using trading view I use them
21:15 for all the demos you see in this video
21:17 okay let's talk about the exciting part
21:20 that you've all been waiting for my
21:22 favorite and very simple technical
21:25 breakout strategy for swing trading
21:27 there's a three-step process to the
21:29 swing strategy step number one which is
21:32 finding stocks to swing trade okay let's
21:34 cover this now this is a very important
21:36 aspect before we go to the entries and
21:40 exit portion of the strategy I always
21:42 use a scanner to find stocks that fit my
21:45 swing trading criteria during the middle
21:48 of the day after 12:00 p.m. eastern time
21:50 this is perhaps the biggest difference
21:52 in terms of my stock scanning process
21:54 between day trading and swing trading
21:56 for day trading I usually scan for
21:59 stocks to trade during premarket hours
22:01 but for swing trading though I will have
22:03 this swing trading scanner that you see
22:05 on the screen over here I'll have this
22:07 on during the middle of the day after
22:10 11:00 a.m. Market time an idea for this
22:13 scan template is very simple I'm simply
22:15 looking for stocks large cap stocks that
22:18 have already started gaining volume and
22:20 momentum earlier in the day and I want
22:23 to get in for even more follow through
22:25 during the breakout move on the daily
22:27 chart so to do that you can see here
22:29 opening up the templates here I'm
22:31 looking for stocks greater than a dollar
22:33 per share I'm looking for stocks greater
22:36 than 1 billion market cap again I don't
22:38 like to trade penny stocks or small caps
22:41 for swing trading it's too much gamble
22:43 you either wake up broke or you wake up
22:46 rich and I always wake up broke for
22:49 volume I want to see at least 500k for
22:51 the middle of the day and I want to see
22:53 that the stock has already moved up at
22:57 this positive on the day 3% and you can
22:59 see once you update the set here in a
23:01 scanning template it shows me a bunch of
23:04 different ideas that fit the criteria I
23:06 had inputed this is a stock scanner I
23:09 help develop in order to fit my trading
23:11 strategies and my Styles all the
23:12 settings I mentioned earlier is
23:14 basically in this midday movers for
23:18 large cap swings template so every time
23:20 I'm scanning for swing ideas I just
23:22 click this during the middle of the day
23:24 and the scanner will show me a list of
23:26 potential swing trading ideas for
23:27 example you can see this top idea here
23:30 oo I know the stock is about to break
23:32 out just from looking at the chart you
23:33 can see it's testing that daily
23:36 resistance once it breaks out you'll be
23:39 prime for another move to the upside
23:41 okay once you have this list of
23:43 potential ideas you're ready to move on
23:46 to step number two step number two
23:49 Technical and chart pattern analysis so
23:51 it's time to bring in a lot of things
23:53 that you learned earlier the daily
23:55 breakout chart patterns and the
23:58 technical indicators the hdma and 200
24:00 SMA so from the list of ideas that you
24:02 saw earlier you want to go through the
24:05 list like I did with OKO earlier and see
24:08 how the stock is reacting to those two
24:11 EMA pairs so you want to see how they
24:14 are reacting to the 200 SMA and the 8
24:16 EMA so and what I'm looking for
24:19 generally speaking is I want to see if a
24:22 stock is hugging and trending along that
24:25 orange line here the 8 EMA or if they
24:27 had recently broken down like you can
24:29 see on this test that chart here if it
24:32 broke down I want to see if the stock
24:35 has a history of reclaiming above that 8
24:37 EMA again so let's take a look at the
24:39 oako chart that we saw earlier you can
24:42 see this oako chart had the history of
24:45 breaking out along the Atma bouncing off
24:48 it even while it broke down of the Atma
24:51 it was able to reclaim this many times
24:53 once twice three times and now it's
24:55 attempting to break out again so that's
24:57 good that's something you want to see
25:00 for the potential trade idea now where
25:03 does the 200 SMA Comm in this is another
25:05 filter that qualifies the swing
25:07 candidates remember I wouldn't recommend
25:10 swing trading stocks that under the 200
25:12 SMA even if they are hugging and
25:15 breaking out along that eight EMA so you
25:19 can see OKO is well above the 200 SMA
25:21 that's fine but this AMD here this is
25:23 the example earlier you can see this is
25:26 not so I wouldn't recommend this idea
25:29 another one is Google this is a recent
25:31 idea that I picked up from the scanner a
25:33 couple weeks ago once you can see the
25:36 stock is well trending above the 200
25:38 smma reclaiming that Atma after the
25:40 breakout and it's starting to
25:42 consolidate we talked about the daily
25:45 consolidation chart pattern here you can
25:47 see it's starting to do that here so
25:50 this is another idea I have for
25:52 consolidation along the Atma for a
25:56 breakout above that resistance some of
25:57 these tickers that you find on the
26:00 scanner may not be the perfect stock to
26:02 take for this technical swing trading
26:04 strategy right away but you should
26:07 always keep them on a watch lless they
26:09 might not be ready for the day you found
26:11 them but they can set up a few days
26:13 later or a few weeks later for a
26:15 breakout remember what we mentioned
26:18 earlier swing trading is about taking
26:21 very few and very selective trades you
26:24 want quality not quantity step number
26:28 three executions entries and exits okay
26:31 so we talked about the criteria earlier
26:33 the stock has to be broken out of a
26:37 daily resistance in an uptrend along the
26:40 8 EMA and have a history of reclaiming
26:43 that 8 EMA and big picture wise it needs
26:46 to be above that 200 SMA so let's talk
26:49 about entries once the stock has proven
26:52 to be riding along the Atma after a
26:56 breakout my ideal entry is as close to
26:59 the adma trend as possible so if you
27:01 take a look at this Google example here
27:03 you can see that previous resist
27:06 resistance is this area here around 19s
27:08 and you can see it has been riding along
27:12 and breaking out of that Atma so if you
27:14 get rid of that consolidation area here
27:16 that we're seeing then I want to get in
27:20 as close to that 8 EMA as possible again
27:23 remember we are swing trading not day
27:26 trading you not looking for position or
27:28 entries precisely to the scent you're
27:30 just making sure that your overall trend
27:33 and direction is enough for you to
27:35 capture the breakout move so obviously
27:38 you want to get in as close to atem as
27:41 possible and ideally not on these at Ma
27:44 breakout around 200 like I would wait
27:47 for it to pull back closer to 190s or
27:50 even right below the 8 EMA so if you
27:52 look at this Tesla example here you're
27:54 looking to get in along these eight EMA
27:58 consolidation areas here around 330s 3
28:01 40s and as for exit you're looking to
28:05 sell into any major EMA breakouts
28:08 hopefully for a profit so you can see
28:09 like for this one you want see right
28:12 along the Atma once it starts pulling
28:16 away from that orange line like here and
28:18 here again and here especially that's
28:21 when you should take your profit I
28:23 usually like to sell my swim positions
28:27 in partial sizes in quarters actually so
28:29 I'll sell 1/4 into the breakout another
28:32 1/4 and keep at least half to continue
28:36 trailing along the ATM and once I've
28:38 taken partial profit the stop has moved
28:42 up to break even and as for the stops
28:45 will be below 8 EMA if a stock closes
28:48 below the Atma like this candle here
28:50 that's when I would be stopped out as
28:52 you can see this technical swing trading
28:55 strategy is very simple requires only
28:58 two including volume three in the ators
29:01 and the entry and exit is extremely
29:03 simple this is the way I see swing
29:06 trading it's a lot less complex than day
29:08 trading and the charts overall is more
29:11 forgiving and you have a lot more room
29:13 and time to let the trade work if you
29:15 have any questions regarding technical
29:17 analysis for swing trading chart
29:20 patterns swing trading brokers or just
29:22 my swing trading strategy overall feel
29:25 free to ask me down below and again you
29:27 can sign up to my free weekend watch
29:28 list if you want want to see my trade
29:30 ideas for both day trading and swing
29:33 trading if you enjoy this free video
29:35 course on swing trading then you should
29:37 check out my swing trading strategy
29:40 breakdown in which I made over
29:43 $100,000 on Nvidia in a swing trade all
