The setup is to trade n the direction of these swing highs and lows.
We suggest exiting part of or all of your position after the market breaks the swings especially if it forms a double top or bottom.
Note: As much as we anticipate the market price to break the swings, we are prepared If the market does NOT break the swing to be ready to exit fast because in our opinion, prices are being rejected at those levels.
The protective stops can be Ops Up or Ops Down, or if the entry bar is large enough, then the high or low of the entry bar. If the bar is small, it may be challenging, but still doable top use the bar's high or low of the entry bar as the opposite protective stop out.
Past performance is not necessarily indicative of future results.
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Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.