I am new to the stock market and am searching for a high win swing trading strategy. I am considering using weekly pivot points. Plotting the upcoming weekly pivot points and then trading them on the daily chart. Entering the stock once it has reached a support level, held it and then formed a green bar. The stop would be placed just below the current support level with the target being resistance level 1. I paper traded this strategy with great success. I would like your input. What do you think?
