Download: Using Swing Breakouts in Forex Trading (pdf)

Doug Schaff discusses the use of intermediate swing highs and swing lows to develop a shortterm approach to trading the currency markets.

When price trades through those swing levels, the subsequent market move is often quite powerful. The strong momentum following these breakouts can be seen by looking at a simple swing system. A short-term discretionary trader can better manage the risk and book profits from these breakout trades.