Spotting the correct price swing is a key skill for all traders, regardless of their trading system and style.
It helps them identify the best spot for the Fibonacci tool, the flow of price action, and chart patterns.
In this recording of the live webinar, Chris Svorcik explains half a dozen methods how traders can identify a price swing.
It is critical to use a rule based approach for price swings to make sure that traders use the same approach each time.
Chris discussed impulsive vs corrective price swings, 21 ema zone, using oscillators like the AO and ecs.MACD, time patterns and Fractals, the HMA 20, the zigzag indicator, SWAT and Heiken Ashi candles.
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