Disliked{quote} this will turn into a long discussion . its not about trading against the trend, but its about buying low selling high. that trade i posted is a sell at what i would consider the top of the range. i have not found a way to trade trends properly to be honest. my profit targets are always relatively close. just how i trade, not saying its the only way. and now i am confusing myself in this postIgnored
'Countertrend Trading'
A type of swing-trading strategy that assumes a current trading trend will reverse and attempts to profit from that reversal. Countertrend trading is a medium-term strategy in which positions are held between several days and several weeks. Countertrend traders rely on graphs (such as the Bollinger Band), indicators (such as the Aroon indicator) and oscillators (such as the relative strength index or Chande momentum oscillator) to make their decisions.