Silakan diamati ... pergerakan saham2 di BEJ sekarang modelnya mirip dengan ini dimana high dan close jauh dan kelihatan sekali pergerakannya liar sekali ... be prepared aja karena hari ini kemungkinan besar indeks mau turun dan ini akan menjadi penurunan yang lumayan dahsyat ...
With the strong trends exhibited by stocks, swing trading has become increasingly popular amongst traders. In fact, the swing chart is the most common technique used to identify trends. Here we look at how to draw swing charts, and--more importantly--how to use them to profit.
Why Use Swing Charts?
Most technical traders have probably seen a bar chart as it is the most common type of chart. The vertical lines represent the price range. The left peg represents the opening price. The right peg represents the closing price during a given time period.
We have now identified the beginnings and ends of several trends using the four different turnings points. To construct the swing chart, we must remove time as a factor and instead focus solely on price action. To do this, we must find two points:
These two points indicate when a trend begins or ends and, as such, a time to enter or exit a swing trade. Now that we have marked these points, we can construct the actual swing chart. To do this, we first eliminate the time factor by moving the points together in equal intervals while maintaining the order. After this, simply connect all the points to complete the chart. The end product should look something like this:
Notice that the time factor has completely disappeared, and it is significantly easier to see price trends.
Swing charts offer an easier way to view trends by removing market "noise" and the time factor. They can be used in conjunction with several forms of technical analysis to obtain more accurate predictions and take-profit and stop-loss points. There is an old market adage: "The trend is your friend." Swing charts can help you find it.
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