Lately I am getting a lot of questions on when you can start taking trades in the opposite direction of the trend, or when is counter trend trading OK? First, counter trend trading is really never OK. There are some clear rules on following the current trend, but even after those rules or stipulations are…...
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If you want to improve your price action trading results, then it is imperative that you learn the number one day trading mistake that most traders almost always seem to make. By learning this crucial trading mistake, you can avoid it and instantly improve your trading results. What is the number one day trading mistake
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We are often asked why we take counter trend trades when our price action trading rules warn against counter trend trading. While this answer is fairly straight forward, we think it will help to better explain our thinking and why we warn against taking counter trend trades. There are actually a few occasions where a
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Is Counter Trend Trading the road to ruin? One of the reasons many new traders lose money day trading is because they cannot break the desire to counter trend trade, or to try and pick tops and bottoms. Unless prices are in what I would describe as a “trading range” type day, it is very
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