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Swing Trade Idea
By Sean Hyman | March 30, 2009
Swing trades typically take place over days to a week.
Take a look at EUR/USD long and USD/CHF short. They both look ready to reverse on dollar weakness. Remember, that you can earn a slight amount of daily rollover at 5pm EST each day that you are in EUR/USD long…but you would pay a bit to be short USD/CHF. So keep that in mind.
During intraday trading, that typically doesn’t matter as much…but in swing trades it adds up as you swing trade throughout the year.
Sean Hyman
Tags: blog, CHF, dollar, EUR, forex, forextrading, Sean Hyman, trade, trades, USD
Topics: What To Look At In The Market | No Comments »


