I have read these terms, swing highs and swing lows, on a few different threads, and am unsure of what they mean. Are these the smaller waves within a larger trend? I.e, the price is trending downward pretty strongly, but price moves back up (to fibo line or pivot point) before moving downward again. Is that a swing high?
you got that right 
but there are various ways on how to determine a swing high.....
one of it is the one you mentioned (use fibo or pvt point)
but you got the concept right.....
but there are various ways on how to determine a swing high.....
one of it is the one you mentioned (use fibo or pvt point)
but you got the concept right.....
I have read these terms, swing highs and swing lows, on a few different threads, and am unsure of what they mean. Are these the smaller waves within a larger trend? I.e, the price is trending downward pretty strongly, but price moves back up (to fibo line or pivot point) before moving downward again. Is that a swing high?
Failure leads to Success if one learns from mistakes and never give up
- #3
- Feb 6, 2013 2:18pm Feb 6, 2013 2:18pm
- Joined Dec 2006 | Status: Trader | 3,852 Posts
you got that right
but there are various ways on how to determine a swing high.....
one of it is the one you mentioned (use fibo or pvt point)
but you got the concept right.....
- #4
- Last Post: Feb 7, 2013 10:03pm Feb 7, 2013 10:03pm
Congratulations, you found a thread with only one post from more than 6 years ago! You are my hero!
