Hi all, I am quite astonished since in the several threads I read nobody seemed really convinced that trading the FX on a Swing basis using weekly/daily and hourly charts was the way to do it???? I really found the trends on the major currencies very easy to trade and moreover you don't need to waste your time on scalping or day trading since you have all the tools required to manage your risks as opposed to the stock market where gaps are numerous.... Moreover, it's also a good way to diminish the cost of the spread which is quite high for a day trading strategy. So on the Fx it is possible to search for nice reversals or trends on a daily, weekly basis and then try looking at the hourly charts to find good entry points with a controlled risk..... and you may put some limit orders for your exit just below some major resistances or supports.... You also need to watch at the chart just once a day and make a game plan that you will apply when the market conditions are good or place a limit order linked to a stop order if you believe that the market will retrace to a certain level at that it will be the best entry point .... I also noticed that on the FX markets supports and resistances worked very well but that on certain occasion that a false breakout of a support or a resistance leads to very good results for a contrarian strategy.... I would be very happy to hear your comments on this subject.