Swing trading holds positions for several days to a few weeks, aiming at one leg of movement rather than intraday noise. It usually relies on higher timeframes, so decisions are made less often and outside market hours. Because positions are held overnight, swap charges apply and news can move the price while you are away from the chart.
Forex glossary
Swing Trading
Related term
Swap
Swap is the interest adjustment applied to a position held overnight, reflecting the rate difference between the two currencies in the pair. Long positions can…
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