Mastering Swing Trading: A Comprehensive Guide for Beginners and Pros

Do you want trades like this but don’t want your eyes to burn from staring at the charts all day? You need to swing trade. Swing trades are just longer trades that take more time to develop, making them less stressful and easier to action. I just closed a trade banking me almost $10,000, and I’m going to show you that trade and teach you the best swing trading strategy for pros and beginners that systematically provides me with incredible trades every single week. You’ll be able to use this strategy on Forex, stocks, crypto, and even gold. So just smash the hell out of that like button, subscribe to the channel, and let’s make some money!

Verified Live Account Performance

Alright, here we are in my verified live MyFXBook account. You can see the track record is verified and the trading privileges are verified. On my $100,000 deposit, I made $949. You can see Day 1: $3,300, and Day 2: $9,400. If we scroll down, you can see I only placed two positions. It was one trade with two profit levels. The first trade took just an hour and a half and made me $3,300. The second position took 7 hours and made me over $6,000.

Now normally, I show you more than just one trade, but with swing trading, there are fewer opportunities, fewer trades, but higher win rates and big, big wins. So let’s get into the strategy, and I could teach you exactly how to do it so you can go from a beginner to a pro swing trader immediately.

Swing Trading Strategy

Okay, let’s get into the strategy lesson. I’m going to teach you this as easy as I possibly can. Here you can see an uptrend. The price is pushing up aggressively out of here, out of here, and out of here. Each of these push-ups creates a new demand zone, and each of these demand zones are our points of interest. What we want to see is the price come back down to that demand zone right here, and that’s a good trade opportunity. The reason it’s good to take trades out of this area here is because there’s tons of buyers at these areas. That’s why we had these huge pushes up. So those are the areas we set on our chart, and that’s where we trade from.

The same thing goes for a downtrend. In a downtrend, we’re looking for sell trades. We push out of this area here, we push out of this area here, and we push out of this area here. That’s good volume; that’s a lot of sellers in those areas creating supply zones in each one of these areas. We want the price to come back to this area right here, and that’s a good area for us to place our trade because there’s a ton of sellers there, there’s a ton of volume there.

Real Live Trade Example

Let’s look at a real live example. This was the real live trade where I made almost $10,000. The first thing I’m doing is setting the time frame to 4 hours. I’m getting a supply zone on the 4 hours, and you can see here we are clearly in a downtrend. We’ve been in a downtrend for a very, very long time. The next thing I’m doing is setting that supply zone. You can see we have a huge push down out of this area right here, telling me there’s a lot of sellers right here sitting at this supply zone. This is a good price people want to sell from.

Then I set my supply zone off of the first green candle right here before the large push down. That’s how I do it. If it was a demand zone, I’d be setting it off this red candle right here before the green candle up. Because we’re in a downtrend, we’re just looking for supply zones. After getting my 4-hour supply zone, I come down to the 1-hour time frame. On the 1-hour time frame, it’s easier to get a better entry on the trade. You can see here the price started to push up and get to that supply zone, so at that point, I’m ready to place my trade.

Placing the Trade

There are a couple of things you can do here. You can put a limit order, which means as soon as the price enters the supply zone, it automatically triggers the trade, and then we’re hoping to push down and smash our profit. You could wait for the price to come up a little bit and then start pushing down. You could have a sell stop, which means as soon as the price crosses over this area, it starts the trade. Or you could just wait and see what happens at this level and do a manual execution to sell when you’re confident.

There is one more confluence to this strategy, and it’s really, really important. We go to indicators right here. You want the SVPD, the Session Volume Profile HD. Just click on that; you want that on your chart. You can see here we have really, really high volume here. This is what we want to see. If there’s a ton of volume like we have right here, that means there’s a ton of orders here. There’s a lot of action; people think that this is a good price to sell from. When you see something like this where there’s almost no volume here at all, that’s a low volume node. That means there’s no resistance; the price is just going to shoot right through that area.

Executing the Trade

With the volume, if we scroll over right here, you can see the highest volume is at this area right here and this area right here. I’ve marked both of those areas up, and if we look really, really closely at this trade, you can see the price gets to this node right here and just passes this node right here. This is a high, high volume area, and I think it’s time for us to play out the trade and show you exactly what happened. You can see this is an amazing, amazing trade. You see how fast that went? We tapped into those high volume nodes at this area right here. I set a limit order, so as soon as we entered my supply zone, it started the trade. The price shot down and smashed my first take profit at this level right here.

Why did I set take profit at that level? Let’s turn that volume off. I set take profit at this level right here because, look, there was a lot of consolidation at that area, likely to see the price return to that area again. My second take profit right here was based on this previous price level right here. I believed that we were going to hit that level as well, so I took two positions on this one. I hit 4R on the first trade, 2R on the second position, and I was just targeting past price levels. Really, really easy to see, really, really easy for you to do.

Back Test Results

Now, before I get into the full back test results, if you want trades like this trade, I recommend you sign up with the Hano Trade broker. That’s where I’m doing all of my trades in 2023. The spreads are low, the commissions are low, and I’m just winning more trades. Registration is absolutely free, so just click the link in the description, register now, and start trading.

Let’s get into the back test a little bit. Here you can see I took 50 trades in the back test. I won 88% of those trades for 44 wins, 6 losses, and a P&L of $5,339 using this swing trading strategy for pros and beginners. If we go into the back test, you can see we have some buy examples. I showed you the sell; I showed you the live sell trade. Here are some buy trades. You can see I’m setting up my demand zones here. Demand zone on this candle right here before the big push. Now, it takes time, but we wait for the price to come back down to our level. We target a previous price level, and we smash the take profit.

If we scroll up, we have another one right here. These are swing trades, so these do take some time to develop. But again, you can see the red candle here before the big push up. That’s where I create my demand zone. That’s where the buyers are waiting. And of course, we are in an uptrend, so I’m looking for those buy trades. Price pushes down to my area, taps in, pushes up, previous price level, easy, easy win. We do it over and over and over again. We get the push out of this area right here; that’s the demand. We tap into demand, and what happens? Price shoots up. We target a previous level, easy, easy wins using this swing trading strategy.

Setting Alerts in TradingView

I know a lot of you don’t have a lot of time to trade. You may be waiting on a demand zone or a supply zone, and there are really easy ways to do it. You can actually set alerts in TradingView. TradingView.com is absolutely free, by the way. For argument’s sake, let’s say that we have our demand zone at this level right here. We’re waiting for the price to come down to this level. What do we do? Well, we come over here and look at the right side of the screen. We now have an alert for USD/CAD crossing. That means if the price crosses this level right here, we will get an email right to our email address. It’ll tell us the price is now in our zone, so we can go to our charts, we can go to our platform, and we can get ready to place that trade. It’s really that simple when you’re swing trading.

Conclusion

Let’s look at those results. You can see here it was just the one trade, two positions, $3,300 on the first position, $6,000 on the second position, and swing trading is really this simple. I hope this lesson helped you take your swing trading to the next level. If you have any questions or comments, leave them below the video. Now smash the like button, subscribe to the channel, and consider joining either of my VIP rooms. Right now, we are hitting take profits, we are making money, and maybe watch this video right here. Definitely watch this video right here. I’ll be back next week. Tell me what you want to see. Much love!

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