What is Swing trading technique?

"Trend is Your Friend" , "Never Challenge the Trend" are true market adage and doctrine for traders. But when one looks at History of Financial market be it be stocks,commodity or Foex , Market does 80% of move in 20% of time   and remaining 80% of time they are in non-trending, or "sideways" fashion. So how do a trader can trade in such sideways market. There are many methods to trade non-trending markets,one of the well known well trusted method is "Swing Trading"

The basic principle for swing trading is finding a stock/commodity  that is

• trapped in a very tight trading range

• in an up-trending..

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