In this video, you will learn about how to use swing trading using higher timeframes in forex trading. With this strategy, you can use the 4-hour, daily and weekly timeframes. So, swing trading works more reliably with these timeframes compared to lower timeframes. These smaller timeframes tend to produce many noise signals. With swing trading, you don't have to monitor your trades multiple number of times in a day.
You get a much clearer picture using candlesticks from higher timeframes. For example, if you observe a pin bar in the daily chart, that is a reliable reversal signal. It represents a collective sentiment from many traders during that timeframe. Also, you can minimize commission, spreads, etc. to your broker.
You don't need to pay more time watching the charts. Also, you will not experience more stress compared to other trading styles such as scalping, and intraday trading.