Trending vs Counter Trending Nov 11, 2012 | 29 comments 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. 29 Comments kemal on November 11, 2012 at 2:13 pm hmm its an eye opener. index futures are for counter trends and gold for trends wow! Reply Hubert Senters on November 11, 2012 at 2:18 pm Kemal For Intraday yep. Hubert Reply John on December 12, 2012 at 8:08 am Hello, Does anyone know the name of the audio program they are listening to at the end? Thanks Reply Hubert Senters on December 12, 2012 at 3:46 pm John Trader Mind CD. Hope it helps Hubert Reply STAN ROCYS on November 11, 2012 at 8:16 pm 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. Reply Hubert Senters on November 12, 2012 at 3:49 am 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 Reply C. Michael Croston on November 11, 2012 at 8:48 pm Still finding my center. I lean toward Trend. After all, the trend is your friend, right? :/ Reply Hubert Senters on November 12, 2012 at 7:15 pm C. Michael Croston Yes until it ends. Hubert Reply John W. on November 11, 2012 at 10:21 pm I trade both trend and countertrend. I use alot of Elliott Wave and try to trade the C wave of the counter trend. Reply Hubert Senters on November 12, 2012 at 7:16 pm John W I know some great Elliott Wave traders. So you are in good company. Hubert Reply Tom Donaho on November 11, 2012 at 10:28 pm please expand on what you mean by counter trend trader. thanx, Tom Reply Hubert Senters on November 12, 2012 at 3:45 am Tom Donaho I will Do a follow up Video this week. Hubert Reply Mike Helberg on November 11, 2012 at 10:42 pm 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. Reply Hubert Senters on November 12, 2012 at 3:45 am 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 Reply Al Jablonski on November 11, 2012 at 10:52 pm Trend trader = Counter trend is more to my liking. Reply Hubert Senters on November 12, 2012 at 3:43 am Al Jablonski Don’t fight your nature it will be harder. Hubert Reply Ralph C on November 11, 2012 at 10:56 pm Trade with the trend 98% of the time. Reply Hubert Senters on November 12, 2012 at 7:17 pm That is a high number. Hubert Reply Bill on November 11, 2012 at 11:42 pm 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! Reply Hubert Senters on November 12, 2012 at 3:42 am Bill Yeah some can be real short lived for sure. Hubert Reply Greg on November 12, 2012 at 12:56 am 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. Reply gary on November 12, 2012 at 2:21 am 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. Reply Hubert Senters on November 12, 2012 at 3:40 am 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 Reply Gary Kuech Sr onFB on November 12, 2012 at 5:07 am 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? Reply Hubert Senters on November 12, 2012 at 12:58 pm 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 Reply Diane on November 12, 2012 at 10:42 am intraday trend…so gotta go! Hope I find one! Thanks Reply Hubert Senters on November 12, 2012 at 12:55 pm Diane Go get em Hubert Reply Jason R on November 12, 2012 at 9:57 pm 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. Reply Hubert Senters on November 12, 2012 at 10:04 pm Jason Hey man How you been. Call me this Friday Would Love to catch up. Hubert Reply Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment Name * Email * Website Save my name, email, and website in this browser for the next time I comment.