Hi everyone
I'm trying to migrate to swing trading from day trading, and a major difference im finding is that on day trading there's a lot of quicker setups that rely on almost price action alone that kinda fall apart when trying to get into a bigger trade in swing trading. For example a pullback in day trading can many times be just a single bar pausing in an uptrend (what Al brooks calls an H1), but when swinging a break & retest may need several bars to build up and continue in the original move direction. So if I'm using only PA for entries and exits, many times I'm getting out in a fakeout before the bigger move resumes.
For stocks price action still seems to hold well, I'm trying to get a hold on forex which seems to have a lot more noise that clouds what's really useful on this.
So for anyone that have made this move, what changes you had to make to your style to better adapt for swing trading? Is PA still useful or just a second thought when structuring or managing a longer trade?
Thanks!