Comments on: Trend Trading vs. Countertrend Trading http://trading-u.com/blog/2011/05/3378/ Forex & Futures Trading Education Tue, 27 Mar 2012 21:07:30 +0000 hourly 1 http://wordpress.org/?v=3.1 By: Jay Norris http://trading-u.com/blog/2011/05/3378/comment-page-1/#comment-748 Jay Norris Sat, 07 May 2011 21:19:20 +0000 http://trading-u.com/blog/?p=3378#comment-748 Thank you Andriy, Yours is the popular perception. However as a trend trader I knew that the short-term direction in the AUDUSD had shifted last Tue, which made short intraday trades on Wed & Thu in this pair trend trades. As for silver, we alerted our blog readers on 4-25 see: http://trading-u.com/blog/2011/04/maelstrom-in-metals-may-tear-thru-currency-markets/ Being a trend trader means trading in the same direction as price pattern -- long-term trend -- but we certainly have the freedom to exit on short-term shifts. technical analysis is scalable so the short-term trend on a Daily chart is the intermediate, or even long-term trend on lower time frame intraday charts. Jay Thank you Andriy,

Yours is the popular perception. However as a trend trader I knew that the short-term direction in the AUDUSD had shifted last Tue, which made short intraday trades on Wed & Thu in this pair trend trades. As for silver, we alerted our blog readers on 4-25 see: http://trading-u.com/blog/2011/04/maelstrom-in-metals-may-tear-thru-currency-markets/

Being a trend trader means trading in the same direction as price pattern — long-term trend — but we certainly have the freedom to exit on short-term shifts. technical analysis is scalable so the short-term trend on a Daily chart is the intermediate, or even long-term trend on lower time frame intraday charts.

Jay

]]> By: Andriy Moraru http://trading-u.com/blog/2011/05/3378/comment-page-1/#comment-747 Andriy Moraru Sat, 07 May 2011 09:12:00 +0000 http://trading-u.com/blog/?p=3378#comment-747 Trend trading looks to be more "comfortable" to many Forex traders. Unfortunately it's prone to such unexpected pitfalls as this week's Silver, EUR/USD, EUR/GBP, etc. dropdowns. Trend trading looks to be more “comfortable” to many Forex traders. Unfortunately it’s prone to such unexpected pitfalls as this week’s Silver, EUR/USD, EUR/GBP, etc. dropdowns.

]]> By: Forex Crunches for the Weekend – May 7 | Forex Crunch http://trading-u.com/blog/2011/05/3378/comment-page-1/#comment-744 Forex Crunches for the Weekend – May 7 | Forex Crunch Fri, 06 May 2011 21:01:07 +0000 http://trading-u.com/blog/?p=3378#comment-744 [...] suggests how to fast track your way to profitable trading. Isn’t that what everybody wants?Jay Norris discusses trend trading vs. countered trading. Is the trend your friend, or are you a [...] [...] suggests how to fast track your way to profitable trading. Isn’t that what everybody wants?Jay Norris discusses trend trading vs. countered trading. Is the trend your friend, or are you a [...]

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