Counter-trend trading | Page 24 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

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

Attachments: Counter-trend trading
Exit Attachments

Counter-trend trading

  • #461
  • Oct 20, 2014 12:00pm Oct 20, 2014 12:00pm
Quoting Robertk
{quote} Actually, by now, he has Ephisi. Why would people follow his philosophy when the guy himself cannot handle his own account? He is windowdressing his own results and arguments for this are his earlier removed TE, + he avoids any questions regarding his current equity/DD. After a few years of trading it is quite easy to cherry-pick the heroes from the rotten apples.
everybody got your point. just let it go.
As Above, So Below
  • #462
  • Oct 20, 2014 12:04pm Oct 20, 2014 12:04pm
Quoting Robertk
{quote} Actually, by now, he has Ephisi. Why would people follow his philosophy when the guy himself cannot handle his own account? He is windowdressing his own results and arguments for this are his earlier removed TE, + he avoids any questions regarding his current equity/DD. After a few years of trading it is quite easy to cherry-pick the heroes from the rotten apples.
I understand you rob. We are all still perfecting this stuff. Ullen is still perfecting also. Trying to be like master eurusdd. The fact remains that the tz concept is close to the holy grail if not . Ullen is patience and confidence .if you want to see trsdes with minimal drawdown! Gimme some time i will show you series of trades with minimal drawdown.
  • #463
  • Oct 20, 2014 12:08pm Oct 20, 2014 12:08pm
Quoting Broke
{quote} I don't think it's about proving a point. It's just that a lot of people probably wonder how to calculate risk for trades towards these levels.
Risk? Out of 100signals you are bound to close 97 in profit. I dont care zbout the 3percent losses. As fxjay said. The 97 profit trades will take care of the 3 rare losses
  • #464
  • Oct 20, 2014 12:14pm Oct 20, 2014 12:14pm
Quoting tashkent
{quote} everybody got your point. just let it go.
Yeah Tash, he will avoid anything that has to do with flaws anyway it seems.

@Ephisi, eurusdd has quite a few interesting concepts and i must admit i totally missjudged him first yes. Simply because in the end he backed up all his theories with valid arguments / he simply knew what he was talking about, furthermore reflected in a live TE with almost zero drawdown.
Now Ullen on the other side... no more words, i just hope he one day realizes how hypocritical his attitude is.

Also regarding your last post I recommend you to watch the following video:

Inserted Video
  • #465
  • Oct 20, 2014 12:18pm Oct 20, 2014 12:18pm
Quoting Robertk
{quote} Yeah Tash, he will avoid anything that has to do with flaws anyway it seems. @Ephisi, eurusdd has quite a few interesting concepts and i must admit i totally missjudged him first yes. Simply because in the end he backed up all his theories with valid arguments / he simply knew what he was talking about, furthermore reflected in a live TE with almost zero drawdown. Now Ullen on the other side... no more words, i just hope he one day realizes how hypocritical his attitude is. Also regarding your last post I recommend you to watch the following...
Yea, just let it go, eurusdd has perfected it. Fxjay slso did, ullen is perfecting. With time we will be as good as eurusdd. I got same entries as eurusdd today same timing.. I must be doing something right. Im getting there.
  • #466
  • Oct 20, 2014 12:39pm Oct 20, 2014 12:39pm
Quoting Ullen
USD/JPY could go nuts soon. Find your entry. Target = 106.227
so now after market moves ! whats was your entry ?
  • #467
  • Oct 20, 2014 1:23pm Oct 20, 2014 1:23pm
silly thread!
you are just picking up on a bigger trend
  • #468
  • Oct 20, 2014 2:32pm Oct 20, 2014 2:32pm
Quoting andoseg2
{quote} You guys try to predict the market. THat is why you blow yours accounts. You are like a little insect on the back of rhino. . Everybody want 10 reward and 1 risk. What makes the difference is you, your emotions,your greed and fear that affect the way you manage your active trade. All of you are so terrible thinking there are forex strategies that are producing 95% win rate. In reality, THERE'S NOT ! YOu must accept the true or leave the forex and go to work.
I understand your skepticism and lack of belief specially since Ullen & MadMoney aren't providing their full statements over here & they have all the right to do so if you ask me.

However its a bit harsh to overgeneralize don't you think?

Here you go, check this statement over a cup of tea & then if you find enough time, go ahead and take a visit to the similarity thread and check how this account grew from day one. You may find some interesting info over there too that will help you create a 95% win rate system that doesn't exist
(but apparently a 94% system exists)
Attached Image (click to enlarge)
Click to Enlarge Name: Capture.PNG Size: 69 KB
  • #469
  • Oct 20, 2014 2:52pm Oct 20, 2014 2:52pm
Quoting FX-Jay
{quote} I understand your skepticism and lack of belief specially since Ullen & MadMoney aren't providing their full statements over here & they have all the right to do so if you ask me. However its a bit harsh to overgeneralize don't you think? Here you go, check this statement over a cup of tea & then if you find enough time, go ahead and take a visit to the similarity thread and check how this account grew from day one. You may find some interesting info over there too that will help you create a 95% win rate system that doesn't...
Time to log scale your equity curve, Jay... :-) Haha.
  • #470
  • Oct 20, 2014 2:53pm Oct 20, 2014 2:53pm
Quoting Robertk
{quote} Thats one awesome formula in order to generate a superior account statement now isnt it? Come on, he said price WILL hit certain price-level(and soon) and moved 120 pips the other way without ever showing the intention to hit that level. He just added fuel on the fire by claiming a 100 consecutive wins. Every single person can achieve this on a demo when you work the way he does. Deviation is no excuse here, unless its limited ,or you have a time-schedule for a TP on your hands. Are people really that blind / desperate to see the truth?...
No need to get mad about this man.

We all know that anyone can open a demo account, open opposing trades, close the winning ones, keep the losers running .. and so on. This could go on for a long time & allow you to accumulate 100s of winning 'closed' trades until the account blows out eventually because of the negative floating positions.
Who/Why would one even bother to do this and post it on a public thread is beyond my comprehension level.

It's up to the reader to believe if what is being done is legit or just misleading.

I have met Ullen on the similarity thread & have reasons to believe that he's doing something similar to what I'm doing based on similar concepts. It would be nice to see some additional proof like equity or running orders, but he's in no way obliged to do so.

From my side I trust that he did catch an edge in the market just like I believe I did, the recent results I'm getting are more than enough for me to believe it works perfectly.

Whether what he's doing is legit or not, it is in a way or another motivating others to dig into concepts that actually work. So let him do what his doing without the need to spread negativity around.

Best,
Jay
  • #471
  • Oct 20, 2014 2:58pm Oct 20, 2014 2:58pm
Quoting FX-Jay
{quote} I understand your skepticism and lack of belief specially since Ullen & MadMoney aren't providing their full statements over here & they have all the right to do so if you ask me. However its a bit harsh to overgeneralize don't you think? Here you go, check this statement over a cup of tea & then if you find enough time, go ahead and take a visit to the similarity thread and check how this account grew from day one. You may find some interesting info over there too that will help you create a 95% win rate system that doesn't exist (but...
this is an inspirational result
As Above, So Below
  • #472
  • Oct 20, 2014 3:42pm Oct 20, 2014 3:42pm
Quoting FX-Jay
{quote} No need to get mad about this man. Whether what he's doing is legit or not, it is in a way or another motivating others to dig into concepts that actually work. So let him do what his doing without the need to spread negativity around. Best, Jay
Thank you Jay,

I never intended to prove that i am legit, and i have no time for this (rather make money). The people who believe me can take the advice i give or use it to build their own weapon. BUT i will prove them wrong by posting 1 or more trade ideas with entry and exit.

I like your approach to the trading and the use of probability (this is a must when trading forex).

Happy trading!

Ullen
Not about how much you win, but how much you loose
  • #473
  • Oct 20, 2014 11:16pm Oct 20, 2014 11:16pm
I am interested in any real time positions that any of you might take prior to the trade.
  • #474
  • Oct 20, 2014 11:29pm Oct 20, 2014 11:29pm
To clarify, I am interested in seeing your ideas prior to a trade...and then a follow through with a real time post of the actual trade.
  • #475
  • Oct 21, 2014 12:48am Oct 21, 2014 12:48am
Thanks Ullen,
I made good on your posted projection...

Now I got my big shovel and I'm headed out looking for the golden details.


Some inspiration I use.

Inserted Video
  • #476
  • Oct 21, 2014 1:03am Oct 21, 2014 1:03am
hmm..i think his trading system based on m5 gap i used to trade this system for about 2 years and make alot of profits but somehow in may blow my account..no regret because im satisfied with no stoploss strategy and make money with it
FXerha
  • #477
  • Oct 21, 2014 1:22am Oct 21, 2014 1:22am
Pretty sure its based on this.... http://www.forexfactory.com/showthre...&reply=1#reply
Luck is where preparation meets opportunity.......
  • #478
  • Oct 21, 2014 1:46am Oct 21, 2014 1:46am
My charts are showing that this trade failed. Please comment.
Thanks!

Quoting Ullen
Great counter trend trade! EUR/NZD Short {image}
  • #479
  • Edited 2:53am Oct 21, 2014 2:35am | Edited 2:53am
Quoting FX-Jay
{quote} I understand your skepticism and lack of belief specially since Ullen & MadMoney aren't providing their full statements over here & they have all the right to do so if you ask me. However its a bit harsh to overgeneralize don't you think? Here you go, check this statement over a cup of tea & then if you find enough time, go ahead and take a visit to the similarity thread and check how this account grew from day one. You may find some interesting info over there too that will help you create a 95% win rate system that doesn't exist (but...

Verified MYfxbook please? SHow us your Drawdown .

P.S : such statement I can show you too. Show us your Drawdown and time from when you created your account.

Attached Image (click to enlarge)
Click to Enlarge Name: arma2.png Size: 58 KB

Attached Image (click to enlarge)
Click to Enlarge Name: arma.png Size: 59 KB
Money moves the market, not an indicator.
  • #480
  • Oct 21, 2014 3:19am Oct 21, 2014 3:19am
Quoting andoseg2
{quote} Verified MYfxbook please? SHow us your Drawdown . P.S : such statement I can show you too. Show us your Drawdown and time from when you created your account. {image} {image}
No one is competing with you dear sir, you are the best.. heck I'm even eating a banana right now to celebrate your success.

The difference between my statement and your statement is that I show you my open orders, and my floating equity in case you haven't noticed.
As I have mentioned before:

"We all know that anyone can open a demo account, open opposing trades, close the winning ones, keep the losers running .. and so on. This could go on for a long time & allow you to accumulate 100s of winning 'closed' trades until the account blows out eventually because of the negative floating positions.
Who/Why would one even bother to do this and post it on a public thread is beyond my comprehension level."

I really hope that you are actually making real great profits no matter what system you are using. Again this is not a competition, I won't being taking profits away from you if I win, & you won't be taking anything from my side.

As for MyFXbook, would you like me to also sing for you sir? I said that this account was opened from day one on FF and you can track it down day by day since its inception, but that requires time no? You want to see a summary from MyFXBook on a silver plate to check while having your coffee don't you?

In case you are really interested to know more, go ahead and read my previous posts & you'll understand what I do, what tools I use, what's the importance of Money Management for me, how I turned a 10K account into 100K in less than 2 months, and what is my 5 year trading history (jut to name a few).
If you take the effort to do so, and yet find it to be a waste of time; I will make sure to refund you the ForexFactory Subscription fee you payed, and as a bonus send you a clip of me dancing in my underwear That's a great deal, no?

Best,
Jay
0 traders viewing now