What are the daily levels in the forecasts? What is the swing direction?
A. The daily levels are the buy, sell, stop and reverse prices. The buy and sell levels are good entry points in the markets. However, the market might not touch your entry levels. The more important thing is the overall swing or direction of the markets. The UP swing is colored with green and DOWN swing is colored with red. The swings change when the stop and reverse is hit. There are three basic rules: 1. Going in the direction of the overall swing is more probable and buy, sell levels are less probable. 2. Always keep the risk under control with the 2% in any given trade. 3. Always keep your stops and reverse intact and calculate the reverse also using the 2% rule.
