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| AUG 1991
Swing Charts by J.R. Davis
Swing Charts by J.R. Davis A profitable trade has two dimensions: time and space (which, for our purposes, will be known as price change). A trade that occurs in a few seconds is extremely difficult to cash in unless you are directly on the floor. On the other hand, a trade that lasts for several weeks or months gives traders and investors a chance to profit. The swing charting technique unites time and space to find profits. Swing charts offer (at least) three ways to improve your balance sheet. They are unequaled in providing both entry timing and direction after a market has become congested. Swing charts are also very good at finding functional support and resistance levels. Finally, they provide a very good stop-loss of ""last resort.""
by J.R. Davis
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