B
Black Swan
Time to short? ![Wink ;) ;)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Taleb is adamant that one should avoid the press on articles of finance, and this is a prime example why. It's just guff, no more no less. You'll have more luck with the horoscopes.
On that basis, whilst I keep a weather eye on the fundies and news, I've held the belief that the actions of c.govts and c.banks will eventually bleed onto my fx swing/position trades/charts where I can (hopefully) make judicious decisions. Even the squawk (at least the one us retail chumps get) is too late for decision making imho.
You're a swinger like Tommy Sheridan eh?
How long do your swing trades last typically, and what frequency/month do you get?
Is a swing trade countertrend? I run a shorter term system which I think of as my swing system, so for example it went long EUR/GBP last week and closed yesterday for a 4R profit, but that was arguably with the trend.
Taleb is adamant that one should avoid the press on articles of finance, and this is a prime example why. It's just guff, no more no less. You'll have more luck with the horoscopes.
It can be both. If the overall trend is broadly up and 'one' takes a swing up from the most recent swing low (some might define this as entering after a substantial pull-back) then it is 'with the trend'. Obviously the opposite applies too.
Of course, people will define swing trading as many different things depending on their view.