The trend is my friend
Sep 01, 2012 at 10:21
Przeglądane 1,644
12 Replies
forex_trader_86978
Uczestnik z Aug 05, 2012
1 postów
Sep 01, 2012 at 10:21
follow the trend you stay alive
Uczestnik z Jan 14, 2010
556 postów
Sep 02, 2012 at 10:11
mr_chebil posted:
follow the trend you stay alive
😁 That's a great way to illustrate your point! Made my day!
Another point is to have your eyes always open for a possible trend change - don't assume the trend is still there and isn't going to end ever.
Uczestnik z Jan 09, 2012
262 postów
Sep 03, 2012 at 06:18
hey, nice photo 😁
There is no religion higher than truth
forex_trader_93357
Uczestnik z Sep 28, 2012
1 postów
Sep 28, 2012 at 18:37
All right!
Uczestnik z Oct 24, 2011
5 postów
Oct 25, 2012 at 21:18
i ve been to some seminars and lot of full time traders with many years experience said, that they trade against the trend, because of the fact, that 70% of time markets go sideways, what do you think about this?
trend is your friend and dont forget your EMA girlfriend
Uczestnik z Dec 20, 2011
3 postów
Nov 09, 2012 at 09:07
I disagree with your comment Marek...It is true that in forex the markets move most of the times sideways, but you should study what happens in the other 30%...probably you lose more in this 30% expecting a reversal that in all the small gains in all other trades.
Its not that simple...
Its not that simple...
Uczestnik z Nov 09, 2012
76 postów
Nov 09, 2012 at 10:24
cool pic and very true. have never actually even tried to trade against the trade cause I think that is kinda forex suicide..
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Uczestnik z Nov 21, 2011
1718 postów
Nov 11, 2012 at 15:18
marekvasicek posted:
i ve been to some seminars and lot of full time traders with many years experience said, that they trade against the trend, because of the fact, that 70% of time markets go sideways, what do you think about this?
Lol...First of all... Most of the time, Market is not ranging. If full time trader are against the trend... They better find a real job. If market were ranging 70% I would be very RICH!!!!
Uczestnik z Feb 18, 2010
86 postów
Nov 11, 2012 at 23:30
Marek very few real full time traders do seminars.
Trading is hard, why do that when you can fill a room full of people and charge them $1000 just to talk and show some adapted charts?
Trading is hard, why do that when you can fill a room full of people and charge them $1000 just to talk and show some adapted charts?
Uczestnik z Nov 09, 2012
76 postów
Nov 12, 2012 at 07:03
SwingTrader posted:
Marek very few real full time traders do seminars.
Trading is hard, why do that when you can fill a room full of people and charge them $1000 just to talk and show some adapted charts?
That's true. That's why I don't trust to this whole bunch of teachers. They can say anything you want for your money. Professionals are not interested in such kind of job. What they would need it for, if they already are successful traders? Who can't do teach!
If you want to end up with a nonaverage net worth, a “learn from someone else” attitude is paramount. Putting your ego aside and admitting that you don’t know it all isn’t easy, but it is the mindset of true winner ----Paul Tudor Jones.
Nov 12, 2012 at 20:41
Marek- I have other point of view...Lets call it a scalpers point of view...;) The problem is what we define as trend ? I say that price is in trend when change of price is visible on m15 ,m30 and higher time frames...in other case all movements of price visible on charts m1,m5 for me are are just ups and downs or lets call them micro trends...And I trade against those micro trends . Setup points are when price crosses bollinger band and retracement starts...of course we will be more confident when MACD is showing divergence in that moment... So trading against trend is profitable in case we trade against micro trends not the main trend...Usually when we find out that price is in trend...its the end of it ;)
On pic you find graphic example of my anti-trend trading
On pic you find graphic example of my anti-trend trading
Załączniki:
Lack of patience is one of the most important reasons of forex traders failure
Uczestnik z Jun 26, 2012
192 postów
Dec 09, 2012 at 10:28
is it so stupid to say am struggling to identify trends, i mean to be confident n comfortable about a recognized trend, maybe its just coz am perfectionist always looking for prefect shapes which will never exist.
however, let me say it in this way am always having doubts about some trends, n i couldnt to reach a high level of sanctification when identifying trends,
any help will be appreciated...!
however, let me say it in this way am always having doubts about some trends, n i couldnt to reach a high level of sanctification when identifying trends,
any help will be appreciated...!
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