You will make you trading so much easier if you will
pick a market that matches your natural style.
So what type of trader are you be sure to let me know in
the comments section below.
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29 thoughts on “Trending vs Counter Trending”
hmm its an eye opener. index futures are for counter trends and gold for trends wow!
Kemal
For Intraday yep.
Hubert
Hello,
Does anyone know the name of the audio program they are listening to at the end?
Thanks
John
Trader Mind CD.
Hope it helps
Hubert
I’m a reversal trader and trade the reversals both as trend and counter trend trades. I believe in Wyckoff’s approach, and my favorite trades are springs and upthrusts, which are obviously counter trade reversals catching the start of new up or down trends. Once a new trend is established, I will enter on the reversal of pullbacks as either 1st or subsequnet HL’s or 1st or subsequent LH’s. I will never trade a breakout unless it is a reversal entry, i.e. the reversal of the pullback from the breakout.
STAN ROCYS
I like your strategy and your approach.
I agree with you traders that buy a lot of
Breakouts dont do well over time.
Hubert
Still finding my center. I lean toward Trend. After all, the trend is your friend, right? :/
C. Michael Croston
Yes until it ends.
Hubert
I trade both trend and countertrend. I use alot of Elliott Wave and try to trade the C wave of the counter trend.
John W
I know some great Elliott Wave traders.
So you are in good company.
Hubert
please expand on what you mean by counter trend trader.
thanx,
Tom
Tom Donaho
I will Do a follow up Video this week.
Hubert
I have been a successful trend trader since 1972.
The last 5 years have been OK, but it was time for me to broaden my outlook.
I do not always follow the counter-trend moves that you have defined so well, but it is extremely useful to be aware of where the attacks will be coming from.
I even occassionally get out of the way.
Mike Helberg
Congrats on you long and Successful Career.
I like how you focus on your strengths while
Still staying open to other stuff.
Hubert
Trend trader = Counter trend is more to my liking.
Al Jablonski
Don’t fight your nature it will be harder.
Hubert
Trade with the trend 98% of the time.
That is a high number.
Hubert
Trend trader for sure. However those trends can be very short term in sideways markets. For example, I prefer confirmation at support or resistance, rather than blindly execute at pivot points. Cheers!
Bill
Yeah some can be real short lived for sure.
Hubert
I am more of a counter trend trader. I try to hit the more significant tops and bottoms and trade against the last trend. But I will also buy pullbacks and retraces some of the time but for the most part I like to buy the 9:30 reversal in the SPY, QQQ, and DIA.
fiercely independent, i usually dont trust a trend. especially an up trend. i’ll stalk the turn around and bet it lower by instinct. trying hard to better develop a comfort level with trends, grrr.
flashing through the charts a few times a day, potential reversals are what catch my eye.
Gary
Some of the Best traders are Counter-trend traders so you are in good Company.
You should do well in the Index Futures.
Hubert
thanks Hubert for that and also Stan Rocys for his post. Sounds like i could use to study this Wyckoff methodology. i always thought what i “see” was not definable, but maybe it’s a science/art unto itself. any study tips into Wyckoff?
Gary Kuech
Trading is both an art and a science.
I think the longer I do it it’s more art.
But you have to have the science to back it all up.
As far as Wyckoff methodology I have not studied it much.
I sure there is ton of books and course on it.
hope it helps
Hubert
intraday trend…so gotta go! Hope I find one!
Thanks
Diane
Go get em
Hubert
Love that video, reminds of the good week we had in Austin with you guys during the mentorship.
I tend to see counter trend trades more than trend trades but I have set-ups for both.
Jason
Hey man How you been.
Call me this Friday Would Love to catch up.
Hubert