Choosing a moving average for swing trading can be tricky. Many swing traders prefer using a higher period setting because the higher it is, the later it will be – so the lower it is, the earlier it will be, and vice versa. You can also use a lower period setting to confirm trend changes – but remember, the higher the period, the later it will be. So, you can’t depend solely on a moving average to be successful at swing trading. The best way to use a moving average for swing trading is to follow a trend. Traders can use this indicator to confirm their trades, as it smooths out price fluctuations and incorporates older data. However, the first and most important thing to remember is that past performance is no guarantee of future performance. A better way to determine a trend is to use the longer-term chart. However, if you’re a new trader, you can also use the short-term chart as a guide. In swing trading, a moving average can be a powerful tool, but it must be […]
