Why (and How) I use Swing files

It’s ALL dead simple AND most Importantly COMMON SENSE – keep your trading as simple as possible!

  1. They give me a visual picture on the swings (as I determine them) of the marketplace
  2. They give me in an instant the direction of the smaller swing file AND the larger swing file  – this allows me to instantly work out whether a market is MIXED, BULLISH or BEARISH Instantly
  3. It allows me to SEE virtually Instantly whether a market is setting up one of my trading set-ups/methods
  4. It allows me to calculate Time and Price expectations based on PRIOR swings
  5. It allows me to SEE with a few clicks of the mouse the ENTIRE STATISTICS of the market I’m looking at
  6. I can match up TIMES of High to High, Low to Low, Low to High and High to Low to see quickly if there’s a tight range of TIME
  7. I can quickly and easily SEE Gann’s market formations (If any are forming!)
  8. I can quickly and easily see if there’s a pattern of rising lows or lower highs
  9. I trade lows and bottoms – It allows me to identify these quickly with the aid of an Indicator too

Lets see the Swing Files in action – Remember to get the info on the charts took me less than  30 seconds:

Instantly tell if a market is in a trading range or bullish/bearish

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It also Instantly shows you a “visual” gauge of the ACTUAL swings the market has made over X days/weeks/months/years

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I can calculate TIME from the swings in a number of ways:

Shown are the Dynamic Time Projection AND The TIME Rhythm Zone – both calculated in about 5 seconds from the swings shown on the chart – If the markets following similar time calcs as it did on prior swings then this info is invaluable.

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I can also do similar for PRICE

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I can look at the stats of the swings and work out the following:

Is there a particular day of the week the stock/market moves significantly up or down?

I can also see month stats too (no chart shown)

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I can also in seconds work out the % swings of the market for min / Average & Max swings

As you can see this markets average typical BULLISH swing was 5.4% and the DECLINES during a bullish UP phase maxed out at 6.3%

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However, during the BEARISH down phases the up phases averaged 2.8% whilst the down phases were 5.1%

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The Bright BLUE line = the MAIN UP or DOWN Trend as determined by the setting of the swing file – in this case it’s an automatic setting – but you could set it as say a 10% swing file – this means EVERY time the market moves up or down by 10% the line will follow

the Green UP and red DOWN lines are a short-term swing file again in this case automatic but it could be say a 4% swing file – which obviously would change every 4% move of the market.

The bright Blue governs the stats as to whether the market is considered bullish or bearish – so for example if the bright blue swing file line is pointing UP/BULLISH then  every GREEN UP/Bullish short-term swing file confirmation could be bought.

Obviously though – If you have a 4% swing file on and you buy then you’ve missed 4% of the move and if as in the instances of the charts above the average for that market is 5.4% then there’s not much left to profit from!

Here’s something you could consider – Shift the short-term swing file to the become the Intermediate swing file and create a bigger Intermediate swing file.

This then “removes” the short-term noise from the picture and gives more bang for your buck – Obviously it would help if you had some form of pattern recognition to identify trades

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So you can see and PROVE it – to yourself what the typical swings of the market have been in the past and roughly what they should be in the future – If you’re in a Bullish up phase on the higher % swing file and the markets pulled back in a decline on the smaller swing file and various other indications are suggesting a low is forming then the opportunity to establish long positions upon confirmation can be seriously considered and you could even calculate the potential up swing min/average/max including TIME when it might potentially end – ALL INADVANCE!!!!!!!!!!

This could also be used in conjunction with other timing methods you may use and pattern recognition such as Elliott Wave, Gann or whatever you prefer to use.

You could also add automatic dates and info to the swing highs/lows or both to see if there’s a typical cycle of TD’s or CD’s from low to low etc -which could be used to narrow timing down etc.

The bottom line is you have all the facts of what the market has previously DONE – those facts don’t not predict the future, but they do give you a pretty good indication of what “MIGHT” happen

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IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, stocks, ETF’s, options, or currencies. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.

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