Trading Commodities Do Commodities Swing Trading with Different Chart Time Frames?
Commodities Swing Trading on Multiple Commodities Trading Charts
Swing Traders
This swing commodity group holds on to their commodities trades for a few days to a week. With the aim to make a large number of pips, 100 to 400 pips.
Swing commodity trader using 1 hour chart commodity chart time frame wants to go short, checks 4 hour chart commodity chart time frame, which looks like the commodity example illustrated and explained below, since 4 hour shows the commodity trend is going down, then decides from this technical analysis it is okay to sell.
Commodities Swing Trading on Multiple Commodities Trading Charts - How to Use Commodities Trading Chart Time-frames - 15 Min Swing Strategy PDF
Commodities Swing Trader traders using technical analysis use commodity charts to try and attempt to predict the movement of commodities trading price on the commodities charts.
Commodities Swing traders will sometimes use two or more commodity chart time frames so as to determine the long term commodity trend & short term commodities trend.
How to Define A Commodities Price Commodities Trend for Swing Trading
Using a commodity system that has 3 indicators - Moving Average Crossover System, RSI & MACD & using simple rules to define the commodities trend. The trading rules are:
Upwards Commodities Trend
Both MAs Moving Up
RSI above 50
MACD Above Center line
Downwards Commodity Trend
Both MAs Moving Down
RSI below 50
MACD Below Center line
Multiple commodity charts time frames analysis equals using 2 chart time frames to trade commodity - a shorter commodity chart timeframe used for trading & a longer chart time-frame to check the commodities trading trend - chart time frames that you choose for commodities price action with will depend on the type of trader you're: for Swing Traders the chart time frames used for trading will be an example of 1 hour commodity chart time frame and 4 hour commodities chart time frame.
Since it's always good to follow the commodity trend when commodity Swing Trading, in Multiple Time Frame Analysis, the longer 4 hour commodity chart time frame gives us the direction of the long-term commodity trend when Swing trading using the 1 hour Commodities Trade Chart Time-Frame.
