So, here's the deal. I do both swing trading as well as intraday. On my swing trading I make large multiple Rs but I'm also willing to sit through a lot of volatility which at times can be stomach churning as you see some of these futures move!
Now, I get my swing trading signal or setup from the daily charts. But I enter them in on an intraday basis. Lately, I've also been very active intraday(scalping). And it's getting me too nervous or short sighted. I had short the yen(JPY) a few days ago and I knew from the daily charts it would reverse. But I couldn't hold because intrady it started moving up higher. I got out for a small loss then later that day and the next few days it proceed to move over 400pips! And same with NG. Last night, I got in a a good price. But NG moves very slow over night. So, I got out at another small loss even though my daily chart setups said it will rebound.
So, how do you separate your swing setups from your intraday setups? Anyone do both. Thanks.
Now, I get my swing trading signal or setup from the daily charts. But I enter them in on an intraday basis. Lately, I've also been very active intraday(scalping). And it's getting me too nervous or short sighted. I had short the yen(JPY) a few days ago and I knew from the daily charts it would reverse. But I couldn't hold because intrady it started moving up higher. I got out for a small loss then later that day and the next few days it proceed to move over 400pips! And same with NG. Last night, I got in a a good price. But NG moves very slow over night. So, I got out at another small loss even though my daily chart setups said it will rebound.
So, how do you separate your swing setups from your intraday setups? Anyone do both. Thanks.