5 Reasons I LOVE Swing Trading Using the Weekly Chart | Jack Rabbit Trader
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- čas přidán 3. 09. 2019
- In this video, I review the 5 Reasons I LOVE Swing Trading Using the Weekly Chart. If you are just starting out and looking to learn about swing trading using the weekly charts and how to focus on swing trading weekly charts exclusively, then you are in the right place.
Hi, my name is Steve LeMoine and here at Jack Rabbit Trader, we teach you how to use a simple weekly trading strategy focused on swing trading stocks to generate profits. The weekly trading process I've developed gives you all the swing trading basics and technical analysis you need for a comprehensive stock market education.
There are a number of swing trading strategies out there, ranging from swing trading for beginners to more complex day trading strategies but it has been my experience that trading with weekly charts, specifically knowing how to swing trade weekly charts provides the most consistent returns in the stock market.
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Agreed Jack..weekly trading is far more sustainable and consistent..and yes price is by far the best indicator
Thanks brother. I work 70 hrs a week at a hospital and weekly/monthly charts are best for people like us. The only "chart analysis" I ever do is on my phone for a few minutes during the day.
What is urgent success rate so far using this strategy
I trade the daily chart and is my full time job I trade 30 minuts a day before market close and that would be it just do it right and you won't have to work a day in your life you will be able to tell to your boss to go eat spinach that you win more money than him scratching your belly button
@@Playeriyo20 i hope what you say is real and working for you!
@@Playeriyo20 that’s great! Man I wish I could do that.
@@Mark300win I make good money but I only trade once or twice a month or so and each trade lasts 2-5 days. It’s slow and you need a lot of patience.
I switch from day trading to swing trading, love those explanations.
Really liked the perspective. Less noise, clean n clear, stop predicting, start reacting.
Makes total sense to me. Just one more confirmation on where to set your target even before trade entry. Simple. Why guess on a target when the weekly chart can be a safer guide to managing your risk.
I like trading the weekly chart. I adjust my stop loss based on the low of the previous week or this week, whichever is lower, minus 1 penny.
i trade the MONTHLY CHART !
Simple, honest and useful. Thanks for share.
You are 100% spot on Jack, cheers man. Just subbed.
Great video!! I love the weekly charts! Strayed away from them for a few years and that’s when I lost money! 😩
I’m back for good!!
How you been doing trading the weekly bro?
Great video. Keep on your good work!
Great thinking. Thanks.
Thanks for this video, needed to hear it as I'm in a similar position, I also find the weekly and position sizing to be one of the keys to success for my style of trading
Me too!! 🕺🏾
i trade RSI2 on the weekly Below 15 of above 85 i take position i finally make money ;-) and EMA 12 and 26.
Could you please elaborate on how you use the moving averages?
Agree and thank you very much sir.
I understand why your entry is not so good, Its not about the entry its a long term game! nice.
with monthly and quarterly levels it works so perfect that I see now that is the best way to manage risk and become highly profitable, just keep the trades in the high the low open and we take profits where is more likely to close.
Thank you very much sir
You doing great work 👏
Great video! Any tips on setting up a scanner to find equilibrium patterns setups on weekly charts with a volume spike confirming the break bull or bear. Best of Luck thanks!! :))
Great video. Thanks
Awesome content indeed, you can also contact him for assistance on WhatsApp
Hi Jack, I've been wondering that you check your weekly chart every Friday before weekly close? When do you decide to close a position?
Great video, Jack. I´m like you, a fulltime dad looking for ways to swingtrade without being glued go the screen. One question: Do you use af S/L on your trades - I can´t figure it out from this video.
Thanks for the video. I just found out weekly chart works best for me in trading crypto and was wondering if someone else also using it.
The greatest 🙌 video I have watched on youtube on trading. I like that you openly admit that the market messes with your nerves.
Amazing content indeed, here you can as well contact him for assistance on WhatsApp
you can use 4 hourss chart and volume profile to enter and exit , if you have difficulties
morning, so you look at the weekly, do you use a daily to enter and exit?
Hey Jack. I can access the free educational course. The messege appears the website is private. Can you tell me what to do?
excellent 👌 bro the more you watch the market more bourn out more mistakes
As time have passed I am a lot more eager to make money than to trade often. The weekly though. I don't know. They seem a bit to quiet for me. In general I have heard the daily chart makes more money. I trade in 4H myself. Which is maybe too much work with forward testing and backtesting.
I don't rely on weekly charts, but I do use a daily chart with a weekly stochastics which tells me the trend direction for that daily chart.
Sounds like a great strategy! How does this work with weekly stochastic though? Settings?
I fully agree with jack. After some losses i am planning to shift to weekly swing trading.
Can some one clarify on this.
Whats the probability of a break out retesting support/ trendline slope on a weekly chart?
Just using trendlines , demand supply zones and candle sticks will be ok. Is 50 ,200 MA not necessary or are there some helpful tools?
Hi how is swing trading taking you?
@@Nickton3 i have invested 90% of my capital on stocks and 10% in options intraday. Met some big losses in options but i know it can be recovered in a month with the right intraday system. I managed to find it recently. The beauty in options is that you can double or triple your capital in one day. So now i am going to test some swing trading strategies from now on. I entered last year on investments and kept averaging on a downtrend. Now iam break even. Learnt my lesson. On a downtrend its better to exit and wait for the trend to become uptrend. Experience makes you smarter, richer and its very simple things that can make money for you...i wasted a decade on studying complicated things...sighs..Anyway future is very bright for me after decade of blunders and struggles. Hope you dint get bored.😃
@@sarathim7302 thanks alot
@@Nickton3 welcome
This strategy can be applied in the Forex market?
Why didn’t you put the trend line on the camcas at the bottom candle? Why you put it at the body candle?
What is the code for camcas
I trade the monthly chart
If holding forex trades for 2-3 days & entering on 15 minutes chart action,what should be Guiding time frame chart for trend direction.If one uses daily for trend,then trader is paying for overpriced merchandise marked up over many days.Going with 1H trend for direction,the trend can flip on A dime. Decent trend on 4H chart is not going to flip on A dime. I think that 4H trend is optimal for direction.Objective is to buy on correction & to keep stop loss 30-50 pips for risk control.Seek your wisdom.
Do you enter a position on the weekly chart based on the RSI, MA + MACD? If al three provide a confirmation on a trade, that you go in then? Do you even put a TP with crypto trading?
For assistance contact him on WhatsApp I contacted him and got quick response
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E course link not working
Here, you can contact him for guidance on WhatsApp I contacted him and got quick response
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+1 4 8 0 4 4 7 1 0 0 3
Are you still around ?
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