Focus, Patience, Determination & Order in chaos
Are you a trend trader or a counter-trend trader? 29 replies
Looking For "COUNTER TREND" To Become "TREND" 29 replies
Is Grid Trading (combined trend following and counter trend) Profitable? 3 replies
1 hour counter-trend trading technique 8 replies
Counter trend trading 19 replies
Dislikedullen , madmoney , ephisi did you all inspired from the unnamedplayr posts ?Ignored
Disliked{quote} I haven't said anything about entering a trade? I just gave you a target, so that you could enter when you think it would go to target. But if i was to take a trade and it went against me, i would have ways of benefitting from it either way = win/winIgnored
DislikedHello FF. I will begin my mission to prove that trend is your enemy, and post pictures of counter-trend trades. I will never take a trade in direction of short term trend, only counter-trend. Counter trend is when you would expect price to reach a level in the opposite direction of trend. Could be below the point where the original trend started, or far below. Trend gives you everything to win when trading against, and everything to loose when trading with. Think about this carefully. The secret is in that sentence. Another thing to remember when...Ignored
Disliked{quote} I read your above post but just glanced through few other pages on this thread. I have no issue with you going against short-term trends and taking counter-trend trades, but these short-term trades normally take a trader two steps forward, one step backward, and vice versa. Here is some food for thought. Jesse Livermore - Many consider him a trend follower, put in fact he never tried to catch a running trend. He waited for a trend to get exhausted and entered his positions on confirmation of a reversal, carried his position till the end...Ignored
Disliked{quote} At the moment i'm only trading the M1 timeframe. But i could trade every other timeframe with succes.Ignored
DislikedUSD/JPY (106.227) This level WILL be cleared. I am not saying that it probably will, i am saying that it will. (and soon) Find your entry and make pips. Ullen {image}Ignored
Disliked{quote} See now your doing research, like I did. Intrinsic value is exactly it, but some people still think what they see on the chart is truth. Now experiment with the math and see what you find. BTW, great read! MMIgnored