Trend trading
Trend trading means you look at a chart over a longer period of time to determine the overall trend. Once the overall trend is established, you can turn to a chart with a shorter period of time and look for trading opportunities along the trend. Using indicators on charts with a short period of time will help you find suitable entry points.


First, determine the overall trend by observing a longer chart. You can use indicators to help you confirm trends.
Trading System—Types of intraday trading-Yuhui International


Once you have determined the overall trend, you can turn to the chart with a shorter period of time and look for entry points in the same direction. Remember it? This is called multi-period analysis!
Trading System—Types of intraday trading-Yuhui International

Reverse transaction

Reverse trading is similar to trend trading. Once you determine the overall trend, you look for trading opportunities in reverse. In other words, find the end point of a trend and enter first when the trend reverses. This is a bit risky, but the rewards are huge.

Trading System—Types of intraday trading-Yuhui International
What we see in this example is a long-lasting downward trend that is about to run out on a four-hour chart. It tells us that the market is about to reverse.

Trading System—Types of intraday trading-Yuhui International
Since our thinking is “against the trend”, we will look for transactions in the opposite direction to the overall trend, usually in a shorter period of time, such as on a 15-minute chart.

Trading System—Types of intraday trading-Yuhui International
Remember that going against the trend is very risky, but if used properly, it can bring huge benefits!

Breakout transaction

A breakout transaction means that you observe the trend of a pair of currencies during a period of the day, and then set up transactions on both sides of the trend, hoping to catch the breakout transaction on one side. This type of transaction is very effective when the currency pair’s volatility is small, because it usually means that larger changes will occur. Your goal is to set a good point and wait for the change to occur so that you can catch it.
Trading System—Types of intraday trading-Yuhui International

In a breakout transaction, you determine a range of sustained strong support and resistance. After completion, you can set entry points above and below the breakthrough level.

The first rule is that your target points should be able to make up for your determined range.

Swing trading
Swing trading is a long-term trading method that requires patience to keep trading for a few days.

This is an ideal trading method for traders who cannot monitor charts all day and can only spend a few hours at night to analyze the market.

This may be more suitable for those who have a job or want to go to school, but have enough free time to understand the state of the world economy.

Swing traders try to determine the medium-term trend and only enter the market when they are likely to make a profit.

Since the transaction lasts for more than one day, it is necessary to set a larger stop loss to deal with fluctuations, and traders should adjust the stop loss according to the fund management plan.

During the period you keep trading, you are likely to see the trading trend contrary to your expectations, because the price will fluctuate in a short period of time.

The most important thing is that you can stay calm during this time and trust your own analysis.

Since the transaction target is usually large, the price difference has little effect on the overall income. Therefore, currency pairs with large trading spreads and low liquidity rates are also feasible.

You can become a swing trader if:

You don’t mind keeping the transaction for a few days.

You are willing to do fewer transactions and are more attentive to determine whether the transaction settings are reasonable.

You don’t mind a larger stop loss setting.

You are patient.

When the transaction is contrary to your expectations, you can remain calm.

You cannot become a swing trader if:

You like fast-paced, action-rich transactions.

You are impatient and want to know immediately whether your judgment is right or wrong.

When the transaction is contrary to your expectations, you will sweat and be anxious.

You can’t spend a few hours a day studying the market.

You can’t give up your Warcraft time.

If you are a full-time author and you like trading, then swing trading will fit your style!