We continue the analysis of the working day of a swing trader, pick up where we left a few articles ago.

The market hours are a measure to be taken into account in the negotiation. The swing traders often look at who buys and who sells and amounts of trading. Once they manage to find a major trading and enter the market, operators are already beginning to look for a possible exit. This price point is usually obtained by using technical analysis. Many swing traders prefer to use Fibonacci extensions, the levels of resistance or the price of the volume. Ideally, this calculation can be done even before the position is open, but very often depends Dalland the negotiation of the

Furthermore, it may take as a result of adjustments made depending on the state that the trade has taken. As a general rule, however, we can say that you should never change a position to take more risks, such as the practice of moving a stop loss lower. Indeed, we assume that the trend is upward, we should adjust the levels of stop loss upward to "tighten" the profits.

After the 'trading hours seldom open new positions, since the market is less liquid. After the end of trading hours that you should always do is go to evaluate open positions, carefully evaluated. Evaluation requires the observation of all trading activities carried out, also to identify things that need improvement.

In conclusion we can say that looking at the daily routine of swing trader is to make clear that the pre market is essential for success. For this is the moment you find the best business opportunities.

The market hours are simply a moment to find the best entry and exit from the positions, not to develop any strategic plans. Finally, after hours of bargaining, we review open positions during the day and evaluate performance.