vyas2468

SPY - Swing Trading Approach

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
Whilst I enjoy analysing the ES, I only day-trade the ES and never hold overnight positions. For situations where I swing trade, I prefer to use the SPY. Not enough time to go into why as I am just about to head out to run some errands. However, the analysis and framework of price is the same.

In future posts, I intend to show you at least one simple way I look for confirmation before entry, out of 5 different approaches I use. This one is simple, tested and one you have probably come across in the past, but it works wonders in markets like the ES for day trading and SPY for swing trading!

Ciao.

Disclaimer: This is not trading advice or recommendation. I take no responsibility etc. You know the legal disclaimer!
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