Simple Swing Trading Strategy with RSI(2)
In this article, I want to share with you all a simple swing trading strategy that I learned and customized to my own trading style. I have found this strategy to be quite accurate if executed correctly. Even though the potential reward might not be high but the time duration the trader has to hold the stock is very short to recognize profits and move on to the next trade. Another advantage is that stop loss can be placed right below the low of the entry day and therefore incur a very low risk entry.
This strategy combines the use of 3-4 technical indicators:
Here Is the Swing-Trading Strategy in Detail.