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Counter-trend trading

  • #621
  • Oct 28, 2014 12:07pm Oct 28, 2014 12:07pm
Quoting speculant
Indicators + countertrend trades= you are going to fail 100%...enjoy the journey
make it sounds like trends are never ending...
if countertrend isn't for you, I believe there is plenty other threads around there.
there is always, always another trade!!
  • #622
  • Oct 28, 2014 5:42pm Oct 28, 2014 5:42pm
Quoting profitfarmer
{quote} make it sounds like trends are never ending... if countertrend isn't for you, I believe there is plenty other threads around there.
Spot on!

Some people won't accept that trends are not forever.
Not about how much you win, but how much you loose
  • #623
  • Oct 29, 2014 6:03am Oct 29, 2014 6:03am
Define what is meant by a trend first as this is central to the topic of discussion. It meant different thing when defined in alternate perspective. I suspect you can't talk about a trend without fixing down the time frame. So what time frame are we talking about?
  • #624
  • Oct 29, 2014 11:26am Oct 29, 2014 11:26am
GBP/USD is coming down guys.
Attached Image (click to enlarge)
Click to Enlarge Name: Skærmbillede 2014-10-29 kl. 17.25.37.png Size: 55 KB
Not about how much you win, but how much you loose
  • #625
  • Oct 29, 2014 11:38am Oct 29, 2014 11:38am
already in
Attached Image (click to enlarge)
Click to Enlarge Name: 1.jpg Size: 564 KB
As Above, So Below
  • #626
  • Oct 29, 2014 12:05pm Oct 29, 2014 12:05pm
Quoting Ullen
GBP/USD is coming down guys. {image}
Classic counter trend
Attached Image (click to enlarge)
Click to Enlarge Name: Skærmbillede 2014-10-29 kl. 18.03.46.png Size: 29 KB
Not about how much you win, but how much you loose
  • #627
  • Oct 29, 2014 12:05pm Oct 29, 2014 12:05pm
Quoting tashkent
already in {image}
Is white line the target?
I'm really amazed at how you guys are so confident about the direction. GU has retraced a bit, I would have thought chances are it may go up, rather than down. Just thinking... until/unless I can see what you guys can see, I must not trade in real money.
When in doubt, HEDGE
  • #628
  • Oct 29, 2014 12:07pm Oct 29, 2014 12:07pm
Quoting Ullen
{quote} Classic counter trend {image}
So you've closed the trade?
When in doubt, HEDGE
  • #629
  • Oct 29, 2014 12:10pm Oct 29, 2014 12:10pm
Quoting AdelPC
{quote} Is white line the target? I'm really amazed at how you guys are so confident about the direction. GU has retraced a bit, I would have thought chances are it may go up, rather than down. Just thinking... until/unless I can see what you guys can see, I must not trade in real money.
White line is current price.

It will continue going down!
Not about how much you win, but how much you loose
  • #630
  • Oct 29, 2014 12:16pm Oct 29, 2014 12:16pm
Quoting Ullen
GBP/USD is coming down guys. {image}
May you tell what are those blue lines & white line?
When in doubt, HEDGE
  • #631
  • Oct 29, 2014 12:28pm Oct 29, 2014 12:28pm
Quoting AdelPC
{quote} May you tell what are those blue lines & white line?
White line is price

Blue line is future
Not about how much you win, but how much you loose
  • #632
  • Oct 29, 2014 1:30pm Oct 29, 2014 1:30pm
Quoting Ullen
{quote} White line is current price. It will continue going down!
great call Ullen.
TWEE, revoke my membership.
  • #633
  • Oct 29, 2014 1:37pm Oct 29, 2014 1:37pm
Quoting Bartleby
{quote} great call Ullen.
Thank you. It was quite obvious to me.

Thought i would share a piece of the cake
Not about how much you win, but how much you loose
  • #634
  • Oct 29, 2014 1:44pm Oct 29, 2014 1:44pm
Quoting Ullen
{quote} Thank you. It was quite obvious to me. Thought i would share a piece of the cake
Only looked at that cake, amazed.
When in doubt, HEDGE
  • #635
  • Oct 29, 2014 1:48pm Oct 29, 2014 1:48pm
Quoting Ullen
{quote} Thank you. It was quite obvious to me. Thought i would share a piece of the cake
Paired with the FOMC Statement this could have been traded over several USD crosses *sigh* Were your calculations similar with for example EUR/USD?

i m often sceptical at the wrong moments
TWEE, revoke my membership.
  • #636
  • Oct 29, 2014 3:23pm Oct 29, 2014 3:23pm
Quoting Bartleby
{quote} Paired with the FOMC Statement this could have been traded over several USD crosses *sigh* Were your calculations similar with for example EUR/USD? i m often sceptical at the wrong moments
Yes, this was the same for every USD pair.

Manipulated strongly.
Not about how much you win, but how much you loose
  • #637
  • Oct 29, 2014 3:31pm Oct 29, 2014 3:31pm
Quoting kyurem
{quote} Added short at .7930 , same target .7875
Added short atb.7950, and target finally reached $$$$
  • #638
  • Oct 29, 2014 3:34pm Oct 29, 2014 3:34pm
Quoting Ullen
GBP/USD is coming down guys. {image}
Hi UllenWhat is that that indicator?RgdsKyurem
  • #639
  • Oct 29, 2014 3:50pm Oct 29, 2014 3:50pm
Quoting kyurem
{quote} Hi UllenWhat is that that indicator?RgdsKyurem
Future indi.
Not about how much you win, but how much you loose
  • #640
  • Oct 29, 2014 4:34pm Oct 29, 2014 4:34pm
Quoting Ullen
{quote} Future indi.
Never heard about that indicator. Can you share it? RgdsKyurem
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