What Is the Investors Underground Swing Trading Course?

Most swing trading courses teach patterns in a vacuum. This one is recorded as a long conversation between Investors Underground’s host Cam and Michelle Koenig, a full-time trader since 2001 who runs the IU Swing Trade chat room under the handle “Offshore Hunter.” Every concept is tied to real daily and 60-minute charts, real entries, real stops — and, rare for this niche, real losing trades.

Her definition sets the tone for everything that follows: a swing trade is held “just overnight to several days, up to several weeks or even a month or two,” and the goal is the meat of the move, not the exact top or bottom. If you are building a library of stock and forex trading courses, this is the compact, process-first program that sits between beginner theory and advanced momentum day trading.

Meet the Trader: Experience You Can Verify on the Chart

Chapter 1 is an honest origin story, and it is the reason this course earns trust. Michelle holds a business finance degree from Montana State University and worked in pharmaceutical sales, as an office manager at Edward Jones and in software sales before trading part-time. She started with an account of “less than $10,000,” read John Murphy’s Technical Analysis of the Financial Markets “cover to cover multiple times,” and went full-time in 2001.

She tells you what most educators hide: her account more than doubled within three months of going full-time — and then fell back under $10,000 a few months later through overconfidence, averaging down and trading without stops. She joined Investors Underground in 2009, became a Momentum Room moderator in 2010 and has run the Swing Trade room since January 2014. That combination of a blown-up account and 14 years of full-time survival is exactly why her rules are so strict.

What You Will Learn Inside

1. Her One Setup: the 60-Minute 50 EMA “Trend Change”

Asked which single setup she would keep if she could trade only one, the answer is direct: “it would be off the 60 minute chart using the 50 period exponential moving average.” A “trend change” is price moving from below to above that 50 EMA. The workflow is a clean three-step routine: find the pattern on the daily chart and draw the lines, drop to the 60-minute chart to time the entry, then confirm with indicators.

2. Breaks “by Price, Not by Time”

A trendline break only counts when it is made by “a nice white candle with volume” — not by price drifting sideways through the line. This one filter alone removes a huge share of the fake breakouts that frustrate part-time traders.

3. The Right Indicator for the Right Market

Chapter 3 explains not only how indicators work but when they stop working. Stochastics and RSI are leading oscillators that shine in trading ranges but “stay overbought/oversold” in strong trends; MACD and moving averages lag and work in trends but give false signals in chop. Her daily chart: 200-day SMA, 50-day EMA, volume, MACD (12/26/9) and RSI(14). Her 60-minute chart: 50 EMA, volume, slow stochastics (80/20) and hand-drawn trendlines.

4. Long and Short Setups With Measured-Move Targets

Chapters 4 and 5 cover the patterns she actually trades, each with its target logic. She calls the bull flag “the most reliable of all the patterns that I play” — and warns: “If you’re having to look too hard to identify a specific pattern… it’s probably not there.”

Targets are taught as guides with no promised timeframe. Chapter 7 adds her personal favorites: bottom plays, rounding bottoms, gap-resistance tests after big gap-downs, bounces off the 200-day moving average and the “second entry” on a retest of the breakout level.

5. Trading Ranges: “Wash, Rinse, Repeat”

Chapter 6 turns support and resistance into a playbook. A trendline needs at least two points of reference, broken support becomes resistance, and horizontal ranges or rising/falling channels — her “friendly stocks” — are traded by buying support and selling resistance, timed with slow-stochastic extremes. When the range breaks, you trade the new trend.

6. Stops, Exits and Overnight Risk

Hard stops set immediately after entry at a technical level, raised as the trade works. Smaller size so you can afford a wider stop. Exits at daily support/resistance, on a break of the trendline or the 60-minute 50 EMA, at overbought readings or when the sector turns. Never average down. Keep day trades and swing trades separate so a losing day trade never becomes an accidental swing. Her summary: “I’m never going to go broke taking profits. I can always, always reenter a trade once the stock sets up again.”

Real Trades Broken Down — Winners and Losers

Chapter 7 is the heart of the course: 1 hour 21 minutes of her actual StockCharts and thinkorswim workflow. You see the LOCO long (stopped out, re-entered, stop raised), a CLVS swing closed at $68 and an NFLX short taken from $378 and covered near $344 — next to the trades that failed, like a WUBA bear-flag short stopped out at $40.10 and an ISIS short entered before full overbought confirmation. Seeing why a valid setup still loses is worth more than any highlight reel.

Her scanning “secret” is refreshingly unglamorous: “That is the secret to my scanning: just time and lots of charts.” She reviews roughly 100 charts on a slow day and 200–300 on a busy one using StockCharts watchlists (a daily “ABC” list, sector lists and a 60-minute list) plus Finviz gainers and losers in chart view.

Course Curriculum — Full Video Index

Eight chapters, recorded in a structured interview format and delivered as MP4 files (1.27 GB in total):

Who Is This Swing Trading Course For?

• Part-time traders with a day job — Chapter 2 presents swing trading as “a good option” when you cannot watch the screen all day.
• Day traders adding a swing book — Chapter 8 explains how to step up from 1-minute charts to 15-minute, 60-minute and daily charts.
• Traders who keep losing money — the Q&A covers timeouts, cutting size (e.g. from 100 shares to 25–50), boredom trades and “emotional capital.”
• Alert followers who want independence — she refuses to post entries and exits, calling blind copying “a recipe for having your account blown up.”

Frequently Asked Questions