Short-term trading is classified into two: Trend and Counter Trend trading.

It starts with (1) Trend Trading when you take advantage of the stocks going up, with the 10, 20, and 50-day EMAs (Exponential Moving Average) holding. Another type is (2) Momentum Trading that plays on stocks's strong upward momentum. When prices are going sideways but with the 200-day EMA holding, bounce plays can be used for (3) Swing Trading.

Once prices start breaking down the main moving averages, you can play the first sharp down move with (4) Capitulation. This works better in emerging markets with inefficiencies present. When prices stabilize and begin to show signs of recovery, (5) Reversal Trading rules can be applied.