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Counter trend VS follow trend, which is better? in General Forex Discussion_6825f0acc9f09

Counter trend VS follow trend, which is better?

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Yengoc

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When you are able to follow the trend then everything becomes more useful
#571 - May 26, 2023, 07:55:38 AM

Vernalta

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here we learn to follow the trend because that's what we can take advantage of at the moment
#572 - May 28, 2023, 02:05:40 AM

Ikhtiar

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If you can accurately recognize the early signs of a trend reversal, you can take advantage of a price move that goes against the previous trend.
#573 - May 29, 2023, 01:26:18 PM

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Counter trend VS follow trend, which is better? in General Forex Discussion_6803a6c52eb12
#574 - Today at 05:12:48 PM

aizafx

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Quote from: Ikhtiar on May 29, 2023, 01:26:18 PM
If you can accurately recognize the early signs of a trend reversal, you can take advantage of a price move that goes against the previous trend.
How to identity reversal time is not easy task, the most difficulties is faced false reversal signal, if we use indicator like RSI, this is only help tool, isn't mean when the price enter overbought or oversold zone then will become true reversal.
#574 - May 29, 2023, 09:22:44 PM

Dyandra

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following the trend is not what we have to learn
#575 - May 30, 2023, 02:46:59 AM

Yengoc

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going against the direction is also good when used for the short term and you can indeed try
#576 - May 31, 2023, 04:07:31 AM

Kardel Sharpeye

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The choice between counter-trend and follow-trend trading strategies in the forex industry depends on market conditions and individual preferences. Follow-trend trading capitalizes on established trends, aiming to ride the momentum for potential profits. Counter-trend trading, on the other hand, seeks to identify reversals and profit from price corrections. Both approaches have their advantages and risks. Adapting to market dynamics, combining strategies, and employing proper risk management can optimize trading outcomes. Ultimately, the "better" strategy is one that aligns with your trading style, risk tolerance, and the prevailing market conditions.
#577 - May 31, 2023, 07:11:14 AM

Dyandra

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following the trend is clearly the best when we can always take the right approach
#578 - June 01, 2023, 09:26:05 AM

Nettawa

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using trend forwarding is indeed one of the proofs that you are a trader
#579 - June 02, 2023, 01:33:25 AM

Vernalta

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if you are the counter trend type, you should wait in the right area and don't use the short term.
#580 - June 02, 2023, 03:30:08 PM

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#581 - Today at 05:12:48 PM

Dyandra

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Trying to follow the trend is a result that we really have to use so we as traders must know what to take advantage of
#581 - June 04, 2023, 09:14:07 AM

Vernalta

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so far following the trend is better because following the trend can deal directly with market conditions
#582 - June 05, 2023, 07:28:39 AM

Dyandra

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just following the trend will make us better because of that we must follow the trend exactly
#583 - June 06, 2023, 02:41:43 AM

Yengoc

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Whatever happens, following the trend will be better than you doing everything that is detrimental
#584 - June 07, 2023, 02:52:01 AM

Nettawa

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all is obligatory to follow the trend well because it will let us know the right thing
#585 - June 08, 2023, 02:33:50 AM
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