Everand Logo

Welcome to Everand!

  • Discover millions of ebooks, audiobooks, and so much more with a free trial

    From $11.99/month after trial. Cancel anytime.

    Swing Trading using the 4-hour chart 1: Part 1: Introduction to Swing Trading
    Swing Trading using the 4-hour chart 1: Part 1: Introduction to Swing Trading
    Swing Trading using the 4-hour chart 1: Part 1: Introduction to Swing Trading
    Ebook47 pages28 minutes

    Swing Trading using the 4-hour chart 1: Part 1: Introduction to Swing Trading

    By Heikin Ashi Trader

    3.5/5

    ()

    Read preview

    About this ebook

    Swing Trading using the 4-hour chart


    Part 1: Introduction to Swing Trading


    Swing trading is too fast for investors and too slow for day traders. It takes place on a timeframe in which you will find very few professionals traders.


    Swing traders usually use 4-hour charts. This period falls exactly between that of the investor and the day trader. As a swing trader, you are prone to sit on the fence, and that's good, because here you are almost alone.


    This eBook describes the swing trading method of the HeikinAshi Trader. It is ideal for individual investors who do not want to sit all day in front of the computer screen.


    Content:


    Why Swing Trading?


    Why should you trade using the 4-hour chart?


    Which markets are suitable for swing trading?


    What instruments you can swing trade?


    Swing Trading Setups


    Support and Resistance


    double top and double bottom


    breakouts


    flags and pennants


    Money Management


    Why you need a Trading Diary


    What is it all about?


    More Books by HeikinAshi Trader


    About the author


    About the Author:


    Heikin Ashi Trader is the pen name of a trader who has more than 17 years of experience in day trading futures and foreign exchange. He specializes in scalping and fast day trading. In addition to this, he has published multiple self-explanatory books on his trading activities. Popular topics are on: scalping, swing trading, money- and risk management.

    LanguageEnglish
    PublisherDAO Press
    Release dateSep 24, 2018
    ISBN9781535218429
    Swing Trading using the 4-hour chart 1: Part 1: Introduction to Swing Trading
    Author

    Heikin Ashi Trader

    ​Heikin Ashi Trader is the pseudonym of a trader who has over 19 years of experience in day trading futures and currencies. He traded for a hedge fund and then went on his own. He specializes in scalping and fast day trading. His scalping book "Scalping Is Fun!" is an international bestseller and has been sold more than 30.000 times. His books have been translated into 11 languages.

    Read more from Heikin Ashi Trader

    Related authors

    Related to Swing Trading using the 4-hour chart 1

    Related ebooks

    Foreign Exchange For You

    View More
    View More

    Related podcast episodes

    Related articles

    • UNLIMITED

      Discipline Goes A Long Way

      Mar 31, 2022

      The life of a trader is not what most of us might imagine it to be – that is, glamorous, exciting and paved with gold. More likely it is solitary, private, a bit boring and, when done right, provides a living. We could all be traders. We could all be

      5 min read

    • UNLIMITED

      He Learned to Trade for Profit - and Can Teach You, Too

      Jan 31, 2019

      Raymond Rondeau, 55, of Exeter, R.I., is a trader, president of the New England American Association of Individual Investors chapter, and creator of AAII's new course, "Investing Strategies and Technical Analysis." When did you start trading? I began

      2 min read

    • UNLIMITED

      Thinking About Day Trading? Read This First

      Sep 22, 2020

      In the midst of the pandemic, you may have noticed a rather unusual trend: More and more people are jumping into the stock market. Despite, or perhaps even because of, extreme volatility in the market and endless speculation about what could happen n

      3 min read

    • UNLIMITED

      How To Count Your Losses

      Nov 15, 2019

      in the previous issue (7 November), I wrote about trading, and in particular about gearing via the use of derivatives, as well as what we should (or shouldn’t) be trading. I promised to return to the other two parts of the equation: How to employ a s

      3 min read

    • UNLIMITED

      What Is Forex Trading?

      Mar 1, 2022

      What Is Forex Trading?
      6 min read

    • UNLIMITED

      Technical Analysis Tools For Long-term Investing

      Oct 30, 2020

      in the 22 October issue of finweek, I wrote about how I am trying my hand at trading local equities for the first time in over a decade. Some aspects of my index trading have helped (discipline and risk management), but stocks are more volatile and n

      2 min read

    • UNLIMITED

      How Investors Can Prosper With Technical Analysis

      Feb 6, 2019

      Many investment advisors and money managers have a little secret. They will proudly tell you that they rely heavily on fundamental analysis, carefully weighing earnings, market share, competitive environment and demographic trends to select the best

      5 min read

    • UNLIMITED

      Are You Gambling or Investing? Here’s How to Tell

      Mar 2, 2021

      Investing in the stock market over many decades offers most people an incredible opportunity to build wealth. Does that surprise you? If so, you’re not alone. Over the course of my career as a financial planner, I’ve found that many people look at th

      4 min read

    • UNLIMITED

      RSI Alone Not Enough

      Sep 18, 2020

      oscillators, such as the relative strength index (RSI) and stochastics, are often used as signals for overbought and oversold zones. Let’s use the RSI as an example. Generally, an RSI set on 14 days is considered over-bought above the 70 level, but t

      1 min read

    • UNLIMITED

      The Magic of Moving Averages

      Jan 31, 2019

      When price charts begin to look like jagged mountain ranges, it can be hard to map out which way stocks are headed. Enter the simple moving average. The tool is a staple of technical analysis--the practice of determining the direction of stock prices

      2 min read

    • UNLIMITED

      Learn How To Spot A Rip-off

      Feb 24, 2021

      Learn How To Spot A Rip-off
      3 min read

    • UNLIMITED

      Breakout Is Possible

      Jan 10, 2020

      Breakout Is Possible
      1 min read

    • UNLIMITED

      Trading Techniques... Riding Elliot Waves

      Nov 5, 2021

      One trading technique that has achieved a cult-like following in recent decades is Elliott wave theory. Developed by the accountant and consultant Ralph Nelson Elliott, who first published his ideas in 1938, the basic idea is that markets, like all h

      1 min read

    • UNLIMITED

      What I Learned from Losing $200 Million: The 2008 financial crisis taught me about the illusion of control, and how to give it up.

      Dec 24, 2015

      I’d lost almost $200 million in October. November wasn’t looking any better. It was 2008, after the Lehman Brothers bankruptcy. Markets were in turmoil. Banks were failing left and right. I worked at a major investment bank, and while I didn’t think

      15 min read

    • UNLIMITED

      How Big Data Is Changing Investment

      Sep 18, 2020

      the world of investment is changing rapidly. A combination of Covid-19, lockdowns, fiscal stimulus packages, higher savings, and more leisure time has caused a surge in retail investing. Online investment platforms like eToro, Robinhood and Easy Equi

      3 min read

    • UNLIMITED

      What to Do (and Not Do) When the Market Drops

      Dec 12, 2018

      It's been a long time since we ended a year with U.S. stock market being down. However, the longest bull market in U.S. history, which started on March 9, 2009, could finally be coming to an end. If you have watched or read any amount of news recent

      3 min read

    • UNLIMITED

      To Take Profit Or Not? That’s The Question

      May 15, 2020

      as global and local markets continue to rally after the collapse of late March and early April, I am being flooded with questions from people who bought shares during the collapse and now want to know if they should be selling. The point I always mak

      2 min read

    • UNLIMITED

      Chart Your Way To Success

      Aug 25, 2022

      Chart Your Way To Success
      8 min read

    • UNLIMITED

      5 Time-Tested Tactics in Bear Markets

      Aug 24, 2020

      As COVID-19 continues to run its course, it gives us another chance to learn from the past and prepare for the future. Yes, that could refer to a lot of things, but let’s assume it is the stock market. March was terrifying if you were an investor. No

      3 min read

    • UNLIMITED

      A Bull Market Hides A Lot Of Sins

      Oct 31, 2024

      When a market goes up, almost every investment approach will work, and people like me can safely sell almost any old theory on how to make money in the stockmarket without being wrong. When the market goes up, there is room for all, for both value in

      4 min read

    • UNLIMITED

      Mistakes Small And New Investors Should Avoid

      Aug 19, 2023

      There is an old saying that applies every investor, ‘The best time to invest was 10 years ago, and the second best time is now.’ It is a profound statement, but many new investors often get carried away with the sentiment, trying to make up for the l

      4 min read

    • UNLIMITED

      On the Cusp of a Market Downturn? What to Do (and Not Do) When Retiring

      Aug 8, 2019

      No one knows how much life is left in our growth economy and the bull market. So, a common question is being asked by people nearing retirement is, how can I retire not knowing what's around the corner? Just like approaching a blind curve on a wind

      3 min read

    • UNLIMITED

      How Options Can Help Your Portfolio

      Jun 3, 2020

      For some people, options trading conjures either fantasies of instant riches or nightmares of losing everything. But those are the visions of market-timing speculators, not long-term investors. For most investors with a long-term view, trading option

      7 min read

    • UNLIMITED

      It’s A Full-blooded Bear Market

      Mar 27, 2020

      bad news is an investor’s best friend. – Warren Buffett Amid a deluge of bad news hitting the JSE and other markets almost daily, there is one important aspect that should not be overlooked: Experienced value investors are currently buying shares the

      2 min read

    Related categories

    Reviews for Swing Trading using the 4-hour chart 1

    3.5/5

    3 ratings0 reviews

    What did you think?

    Tap to rate

    Review must be at least 10 words

      Book preview

      Swing Trading using the 4-hour chart 1 - Heikin Ashi Trader

      Trader

      1. Why Swing Trading?

      Most newcomers to the stock market try their luck with day trading. By this, is not saying anything wrong. You can earn a lot of money indeed with day trading if you are good at it. IF! The problem is that many aspiring traders significantly underestimate the difficulties in day trading. I just list a few on:

      In this short timeframe you are competing with hundreds of thousands (mostly young) traders who are very well trained and equipped with the most advanced technology possible.

      A quite significant competition you can expect from the so-called algorithms. In other words, you fight expensive computer programs that were developed by the best minds.

      More competition you can expect from the lack of volatility in recent years. It happens more often that the typical trading markets, such as the E-mini, mini Dow future, EUR/USD and crude oil go sideways all day only to suddenly make a big jump without warning. Do you have the right position at this very moment?

      Your biggest competitor is not at least yourself. Do not underestimate the psychological pressure when day trading. Many traders have run aground using this method. Even if you have a moment of success, it does not mean that this must always be so.

      If in spite of these drawbacks you still want to day trade; then go for it!

      Unlike day trading, position trading with daily charts or even weekly charts is a much more comfortable way to make money in the stock market. And, frankly, I would recommend most people to use this method.

      But beware! Again, there is also a lot of competition, here! Here you have to compete with the major operators: investment funds, insurance companies and hedge funds that speculate in medium-term time frame with stocks, indices, commodities and currencies.

      Those highly capitalized pools could, for example, have the idea to sell in large numbers the stock you just bought. Not because the stock has suddenly become bad. It could be, for example, that they need money for another investment. Or, they need it in order to pay their disgruntled customers. You see, even investing is not that simple. You may as well call the stock market a snake pit and you would not even be in the least, exaggerating. Is there no alternative?

      I think

      Enjoying the preview?
      Page 1 of 1