Is Swing Trading in Overseas Forex the Best Trading Method? | A Complete Explanation of How to Do It and All the Tips

Are you busy working every day but want to earn extra income through FX trading? But short-term trading doesn't offer enough time or energy, and you haven't been able to earn as much as you'd like. For you, we recommend "swing trading," a medium- to long-term trading style. This article will show you how to aim for profits without overexerting yourself, even with limited time. ■What you will learn from this article: By reading to the end, you should see a path to achieving stable profits without constantly monitoring the market. For those new to overseas FX, we recommend reading the Complete Guide to Overseas FX for Beginners. Contents 1. What is Swing Trading? 1.1 Characteristics of Swing Trading 1.2 Differences between Swing Trading and Other Methods 2 Swing Trading in Overseas Forex is Recommended for These People 2.1 People with Limited Time to Dedicate to Trading 2.2 People with Mental Strength to Remain Unfazed by Unrealized Losses 2.3 People Who Want to Aim for Large Profits in a Single Entry 2.4 People Who Are Sensitive to Economic News and International Affairs 3 Recommended Overseas Forex Brokers for Swing Trading 3.1 Exness | Good Swap Conditions, Ideal for Long-Term Holding 3.2 Titan FX | Stable Execution for Reliable Swing Trading 3.3 ThreeTrader | Low Costs and Efficient Medium- to Long-Term Trading 4 Five Advantages of Swing Trading in Overseas Forex 4.1 1. Large Trades with Small Capital 4.2 2. Lower Stop-Loss Levels, Making it Easier to Maintain Positions 4.3 3. No Margin Calls, Preparing for Unexpected Losses 4.4 4. No Need to Constantly Monitor the Market 4.5 5. Easier to Keep Trading Costs (Spreads) Low 5 Five Disadvantages of Swing Trading in Overseas Forex 5.1 1. 1. Transaction costs are higher compared to domestic brokers. 5.2 2. The risk of stop-loss increases if the lot size is too large. 5.3 3. Swap points tend to be unfavorable. 5.4 4. It takes time to reach the target profit. 5.5 5. You need to be able to withstand long-term unrealized losses. 6 The strongest method for overseas FX swing trading ① | Trend Following 6.1 What is trend following? 6.2 Setting up the indicators to be used 6.3 Analyzing trends from multiple timeframes 6.4 Identifying entry timing with technical analysis 6.5 Setting stop-loss lines in advance 6.6 Determining profit targets 6.7 Using OCO orders 7 The strongest method for overseas FX swing trading ② | Ichimoku Kinko Hyo 7.1 Basic signals to be aware of with Ichimoku Kinko Hyo 7.2 Enter with the strong upward signal "Three Positive Reversal" 7.3 Enter with the strong downward signal "Three Negative Reversal" 7.4 Strengthening timing by using MACD in combination 7.5 Determining profit targets based on the cloud 8 Five tips to increase your winning rate in overseas FX swing trading 8.1 1. Choose mainly major currency pairs 8.2 2. Check fundamentals in advance 8.3 3. Hold positions while adjusting the position size 8.4 4. Maintain a margin maintenance ratio of at least 250% 8.5 5. Analyzing the background of trend formation 9 Reasons why you can't win in overseas FX swing trading and how to deal with it 9.1 Are you mistaking the direction of the trend? 9.2 ... Continue reading Is overseas FX swing trading the strongest method? | A thorough explanation of how to do it and all the tips