PB Alerts Coaching Program: Swing Trading
I’m Meta Matt, Director of Education and welcome to a PB University's Coaching Program!
Get A Trading Coach, Premium Alerts, Education, and Community:
1 Month Membership
90 Days (Save 10% Per Month)
1 Year (Save $279)
Custom Trading Indicator DISCOUNT: Try StocksBuddy Today
Meet Our Swing Trading Coach: Lee
Hey there, Traders! I'm Coach SLP, and I'm excited to share a simple swing strategy that won't tie you to the screen all day.
Channel trading is a handy tool for making money in the
market, especially if you're into swing trading. It works well
even when the market is going sideways. Whether you're
betting on market reversals or following trends, channel
trading can work for you. Here's how it works:
● When the market is going down: Look to sell short
when the price bounces back to a resistance level and
you see a bearish reversal candlestick pattern like a
shooting star or bearish engulfing pattern. Keep an eye
on the RSI dropping from the overbought zone.
● If the market moves within a range
Channel trading can be profitable and simpler compared to other
strategies, but there are some downsides. News and events can
shake up channel trading by causing unexpected price
movements. These events could be anything from economic data
releases and central bank decisions to geopolitical issues and
natural disasters. Stay aware of what's happening in the world
around you!
Together we'll explore various channel patterns
such as Channel Up, Channel Down, and sideways Channel.
We'll study a blend of these patterns and integrate them into our
everyday trading approaches. Furthermore, within these channel
trades, we will integrate indicators such as RSI, Volume, and MA
crossovers. During my Coaching Sessions and Classes we will learn how to find these Channels, and play them in the market.
GET YOUR COACH TODAY:
1 Month Membership
90 Days (Save 10% Per Month)
1 Year (Save $279)
