Are you looking for an end-of-day strategy but have zero desire to sift through hundreds of stock charts after the close, read flaky news reports or worry about overnight gaps? Bestselling author and price action specialist Bob Volman offers a most practical solution.
In his highly original guide, Forex Daily, Trading End of Day, Volman points out that swing trading currencies is a far better alternative, if only for the following advantages:
- No scrolling through hundreds of charts (just 28 pairs will do).
- No digging through endless reports.
- No need for complex scanning software.
- No need for fancy indicators.
- And most importantly, practically zero risk of overnight gaps!
Yet the biggest reason to swing trade currencies is their structural behavior, resulting in highly predictable price swings on the daily chart. And as Volman convincingly demonstrates, you only need to know a handful of setups to get on board these short-term rallies—all of which solely based on price action. That is swing trading at its finest!
Not leaving any stone unturned, the tactics are explained in meticulous detail in literally hundreds of examples spread out over more than ten years’ worth of price action.
If you are in the market for a highly effective part-time swing trading method that fits into any busy schedule, there is no better place to start than with Forex Daily, Trading End of Day, quite possibly the most practical guide ever written on the topic.