Swing Trading with Mega Fusion
Swing trading with Mega Fusion means holding forex and CFD positions for several days to a few weeks to try to capture medium-term price swings.
Open Mega Fusion Account →Swing trading with Mega Fusion involves holding forex and CFD positions for several days to a few weeks to try to capture medium-term price moves, rather than trading intraday. It typically relies on technical analysis tools like trend lines, moving averages and RSI, and because positions are held overnight, swap (rollover) charges can apply unless the account is on an Islamic swap-free setup.
What swing trading involves
- Swing trading holds positions for days to weeks, rather than minutes or months.
- It relies on technical analysis tools such as trend lines, moving averages and RSI.
- Overnight positions may incur swap (rollover) charges, except on an Islamic swap-free account.
- Wider stop-losses are often used to allow for normal price fluctuation over a longer hold.
- Swing trading is available on both MT4 and MT5 at every account type.
Frequently asked questions
What is the difference between swing trading and day trading?
Swing trading holds positions for days to weeks to capture medium-term moves, while day trading closes positions within the same trading day.
Do swing trades incur overnight charges?
Yes, positions held overnight can incur swap (rollover) charges, unless the account is an Islamic swap-free account.
Which platform is better for swing trading?
Both MT4 and MT5 support the charting tools used in swing trading; the choice mostly comes down to personal preference for indicators and timeframes.