Links about counter-trend trading from another forum — "i was reading an interesting blog just yesterday on this http://newsletter.neoticker.com/?p=193 but whats also very interesting is http://newsletter.neoticker.com/?p=237"<!-- ...

CounterTrend Trading

Again, it's all comes down to what timeframe you are talking about. What you refer to happens a few times a year for most. Check the message boards and you can usually tell when this has happened. Usually - as you said - it happens after people get ...

CounterTrend Trading

Why some of us trade counter-trend — The move we have seen yesterday in EUR/USD is a perfect example of why some of us trade counter-trend. As most would argue, the trend was obviously down for the past week or so. Most counter-trend traders ...

CounterTrend Trading

I have to agree with that statement. It's so easy for everyone to forget that just as the gains are great with 100:1 leverage so are the losses.

Trading Style & Leverage

Back to the subject — As many have already eluded to -> THERE ARE MANY WAYS TO MAKE MONEY IN THE MARKET! I guess the reason I started this thread is because I wanted people to discuss WHY they choose/prefer one method over the other. At the ...

CounterTrend Trading

Last reversal was a couple of days before NFP — The last reversal was a couple of days before NFP. On NFP day I entered short EURUSD at 2695 with 40 pip stop. As soon as I calculate the next reversal day I'll try to remember to post it. Kal

CounterTrend Trading

Ouch... 100:1 is cutting it way too close. I have allocated 5% of my entire FX portfolio to a "high risk" account. It's gotten close to 80:1 at times

Trading Style & Leverage

I'm not at a point where I can predict the exact reversal times but I can pinpoint which "day" the reversals will occur usually a week or two in advance. However, I've met several people in my life who get predict the reversal within 15 minutes of ...

CounterTrend Trading

Something to think about... — I was hoping to get more responses to the "and why?" part of my question Here is what I think: I think if you ask 10 different people WHY they think the trend is up or down you'll get 10 different answers. For ...

CounterTrend Trading

Of course it's gambling! — First of all... there are TONS of banks out there that lose alot of money trading forex. Many of the ones who do make money do so because they rip off their customers when filling their orders. Even on million dollar ...

Forex gambling?

What do you want to use esignal for? Not to beat a dead horse but, e-signal is much more valuable for equity traders. It's pretty unreliable for FX. Kal

Anybody have esignal software

I've been trading for 12 years and only 4 years ago did I finally realize this. Good to see that someone else out there believes the same thing ;-) Good luck to you in your venture! Kal

Phoenix 2007 (new thread)

I agree with you. In order to trade fundamentally you have to be willing to trade VERY low margin and to trade for the long term (although it's hard to trade FX fundamentally to begin with). I think you'll find that trading technically is much ...

How to combine the technical and fundametal?

I don't think most traders fail because of one reason in particular. It's really a combination of all of these reasons. In order to trade successfully one cannot be stubborn and has to be focused! I'm just speaking from experience of course ;-) Kal

Survey: Why 90% trader's failed?