Dear @JacoAF , i thnik it is better for you to show us the real account of your trading at your profile, at least we can alert on your comment here. Comment without proof is nothing for me.
Swing traders mostly did the analysis at Daily timeframe at least. H4 normally use by Intraday traders. Never heard swinger using H4 so far. Or maybe after you attached your real swing account on your profile, then I believe.
Anyway, thanks for your deep analysis.
I agree with you that 'most'swing traders trade analyze and trade the Daily/Weekly charts, but I have to respectfully disagree with your statement that you cannot swing-trade the 4-Hour charts.
Here is the definition of Swing-Trading according to Investopedia:
'What Is Swing Trading?
Swing trading is a style of trading that attempts to capture gains in a stock (or any financial instrument) over a period of a few days to several weeks. Swing traders primarily use technical analysis to look for trading opportunities. These traders may utilize fundamental analysis in addition to analyzing price trends and patterns.'
Swing Trading Explained
Swing trading involves holding a position either long or short for more than one trading session, but usually not longer than several weeks or a couple months. This is a general time frame, as some trades may last longer than a couple of months, yet the trader may still consider them swing trades.https://www.investopedia.com/terms/s/swingtrading.asp
So the basic principle of Swing Trading, in my humble opinion, is entering a trade/position and hold it for several days to weeks or even a month or two.
Yes, I did use a 4 Hour chart to illustrate my point, and yes I do trade 4 Hour charts in a swing trading style, just as I do with Daily charts, and sometimes even weekly charts. I have to admit, that when I 'trade' 4 Hour charts I mostly do my analysis on the Daily chart to find suitable Support & Resistance levels.
As to my live account on my profile, I;m afraid not. I used to have it on here, but got so many 'questions, ''comments' and 'suggestions' as to my live account and the way I trade, that I took it down again. Just a personal preference. And Yes I do trade live, and No I don't claim to have a perfect trading record. I take losses just like any sensible trader would. But I did gain enough experience, from loosing money, blowing up accounts, making stupid mistakes, to realize that the most important aspect of trading is managing Risk and Money.
Anyway, I appreciate you comments, and like I said, you are right in saying that most swing traders analyze and trade the Daily, and indeed I do most of the time. For the sake of a good example of what my approach is looking for trade setups, I quickly scanned my charts for a good example of a Support/Resistance level with a valid trade setup. If you examine the chart I attached you will see that that trade setup would have hit it's target 3-6 days after entry, depending on which one of the two entry points you chose.