Best commodity for swing trade

General
1

Hello traders, which commodity is best for the swing trade.

2

Hey man, there is no such specific commodity which is good for swing trading. If you’re a chartist, TA works the same for commodities, stocks or FX.
For me personally, I like to swing or position trade commodities which are in a strong trend on either side.

1 Like
3

Thank you friend. I’m asking this regarding volatility , can you tell me how do you determine trend.

4

There are many ways to determine the trend.
I use some of the easiest ways to determine a trend -

  1. Higher highs and higher lows for an uptrend.

  2. Lower lows and lower highs for a downtrend.

I also use the ADX indicator to determine the strength of the trend, although I don’t rely on them solely and might even ignore them at times.

1 Like