Swing Trading:
Swing trading is typically a short to intermediate term trend following system lasting
anywhere from 1 to 30 days. Traders who swing trade typically look for trend reversals
& retracements for their entry/exit points.
The 4hr, 1hr, and 30 min, time frames are usually the charts used when swing trading.
Swing Trading
Reasons traders’ trade this style advantages:
•   Less time involved in actively trading
•   It is not necessary to 'babysit' your trades
•   Can be worked around a regular job
•   A couple of hours per day should suffice
•   Less stressful
•   Higher success rate than day trading
•   The market has room to move and recover
Reasons why not to trade this style disadvantages:
•   Moving to larger time frames can be frightening
•   Some traders have a tendency to develop emotional attachments to a trade.
•   You will need to develop more patience and discipline
•   Have to learn how to keep your emotions in check
•   You will need more money management skills
•   Have to get used to setting larger stop loss and the take profit points
•   You have to learn how to trade more currency pairs
•   Have to learn how to manage several trades at a time
Swing Trading Summary:
Trading more currencies, having more trades on at once, gives you better opportunities
to make more money. You need to have swing trading as part of your trading if you want
to trade full time and make a living at trading.