Lesson 15: Trend VS Countertrend Forex Trading

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  • Опубликовано: 2 апр 2018
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Комментарии • 40

  • @howardhill3395
    @howardhill3395 5 лет назад +16

    definition of hell - trading against the trend as it keeps going against you, while insisting you are right and the market is wrong

    • @nerovergil7
      @nerovergil7 3 года назад +1

      the only way to counter trend reversal that will cost you 300 pips ++

  • @kimluzano2531
    @kimluzano2531 4 года назад +5

    That is why support and resistance is important, specially when you do a counter trend trade.

  • @meeyoouuzeek
    @meeyoouuzeek 5 лет назад +15

    I am interested in learning the toilet bowl swirl pattern, haha

  • @imtiazhussain5521
    @imtiazhussain5521 2 года назад +1

    Rob booker, I love you
    You changed my thought

  • @daleelliott5799
    @daleelliott5799 6 лет назад +13

    Spot on Rob, just trade the direction of the move as long as it last.
    Maybe a little bias with the Larger direction (trend) but that won't
    last for ever and even the pullbacks looking for the sale maybe
    tradable. In our room we've looked at who can make the most, do
    you know what we found? Every Trend started as a Counter Trend!
    Love your stuff Rob!

  • @chazebutler2438
    @chazebutler2438 5 лет назад +7

    I identify as trend fluid. Love your videos very helpful how you break everything down

  • @ADWillio2
    @ADWillio2 4 года назад

    Market giving a discount is my phrase for the year. Gratitude

  • @sidhalee5897
    @sidhalee5897 3 года назад +2

    I'm definitely counter trend trader. All of my friends called me Weird, but this is me and it's going work, yet I don't wanna trader copy me as well

  • @bronsonlee7372
    @bronsonlee7372 5 лет назад +3

    You are a excellent teacher.....Warm ALOHA

  • @alberto11ful
    @alberto11ful 5 лет назад +2

    The best of this video si the board.

  • @tesfaseyoum4688
    @tesfaseyoum4688 4 года назад +11

    Forex trading has been a source of income even though I barely trade by myself.

    • @tesfaseyoum4688
      @tesfaseyoum4688 4 года назад +1

      No magic in trading when you apply the right strategy at the right time you see yourself making profit but that's not an easy task especially for a beginner ,i lost a lot but with the help of an expert Milford Tom Trading i have recovered losses and even earn more

    • @tesfaseyoum4688
      @tesfaseyoum4688 4 года назад +1

      @Brian Quigley (milfordtom093@gmail.com>>>>

    • @mijkwgeblwxz6853
      @mijkwgeblwxz6853 3 года назад

      @@tesfaseyoum4688 I have been trading with the great Milford Tom for years. No other strategy comes close to Sir Tom's! I am now a billionaire thanks to Milford Tom.

  • @authorityson374
    @authorityson374 2 года назад +2

    I love this analysis

  • @skatertrader
    @skatertrader 3 года назад +1

    Use your Fibonacci retracement tool !! It’s helpful for measuring the “counter trend” itself

  • @comptegoogle511
    @comptegoogle511 2 года назад +1

    If you're in London and you begin your day at the gate of the Asian session the trend getting set has a good chance to keep going with the expanding volumes getting in but when the New York session open then there's a lot of contradicting objective of opening and closing position on both sides of the Atlantic making the market very gusty. So the New York might be better suited for reversals around 9:30 New York time.

  • @mimatakon1640
    @mimatakon1640 3 года назад +1

    It’s rob’s laugh for me tho 🤣❤️

  • @lombardo141
    @lombardo141 2 года назад +4

    I have another solution. Stay off social media and focus on your trading. 😎

  • @judithsichone7579
    @judithsichone7579 4 года назад +2

    I enjoy your lessons and so far they have been so helpful however wanted to ask if you could do a tutorial on support and resistance , how to draw them and etc thanks

  • @ekhatordennisikponwosa3375
    @ekhatordennisikponwosa3375 5 лет назад +1

    i Trade both directions as long as it goes higher or lower

  • @TheHusserl
    @TheHusserl 5 лет назад

    Thank You!

  • @markcooper6000
    @markcooper6000 5 лет назад

    a good moving average of 365 and a moving average of 160 w9ould tell you the movement of the trend even from the point of conciliation

  • @Englishfudud777
    @Englishfudud777 2 года назад

    Hahaha ur funny man and so informative

  • @howardhill3395
    @howardhill3395 2 года назад

    How are you going to keep buying in an uptrend if no-one is selling? So "counter-trend" traders are an essential component of the market. in fact, it's just buyers and sellers.

  • @Troikaone
    @Troikaone 5 лет назад +2

    I don't buy on the dip.....I am hoping that the buyers get trapped........that is the essence of life

  • @manjilnewa4011
    @manjilnewa4011 Год назад

    Please help me to learn smart money concept

  • @Theo-jd4rs
    @Theo-jd4rs 6 лет назад +1

    out of the same force came the light and the dark, we must find The Bendu

  • @danishmemon01
    @danishmemon01 3 года назад +1

    Hello Sir, I am a new entrant in the forex trading with minimal investment below USD 200. I have seen your videos and i find them very much informative. I have been using Moving Average and MACD indicators for short term trading on a Demo and Real Account. Couple of days on a real account were really good as i have earned more than USD32 but ungortunately on the 3rd day i lost USD88. Your kind advice to improve my analytical skills is requested, please.

  • @moneyhealthyhappyguide8205
    @moneyhealthyhappyguide8205 5 лет назад +1

    👍👍👍🤗🤗🤗

  • @Jasperforex
    @Jasperforex 5 лет назад +2

    you re a momentum trader

  • @wayneflint8077
    @wayneflint8077 Год назад

    I'm 4.50 in and nothing of value yet.

  • @masoodwaqas555
    @masoodwaqas555 2 года назад +1

    Investing in bitcoin is the best investment anyone can do this year 2021 Because bitcoin investment has made a lot of people millionaires