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Profit Target Ideas for Swing Traders πŸ’‘ Video

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Profit target ideas for swing traders. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! These are some different ideas to create your profit targets. You may have a profit target already but sometimes you're looking at a trade and aren't sure where to take profits. Sometimes its not so obvious.
1) Channels one way is to use channels - using the top of that channel as an initial first target. You could scale out of your position at that point.
2) ATR. ATR is average true range. This is a useful indicator that gives us the volatility of the instrument we are trading.
3) Bands - Bollinger Bands and Keltner Channels. Bands can give us an idea of where price may start to stall.
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