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I hate strong trends
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I hate strong trends

  #1 (permalink)
Trading for Fun
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I hate strong trends

Ok, trend is hard to measure i know that depends time window.
How you can jump in when wave counts not match, and price just go one direction, and just wake up.
I don'nt have so strong stamina, just buy or sell.
Any receipts,

I talking example today yesterday EUR/USD or AUDUSD

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  #2 (permalink)
Breathe the body deep.
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Don't really understand your question, if there is one.

But why would you hate a strong trend? If you know the trend is strong, enter in the direction of it. Of course, you should know beforehand where/when to enter and where/when you should exit the trend.

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  #3 (permalink)
Big game hunter
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kk240 View Post
Ok, trend is hard to measure i know that depends time window.
How you can jump in when wave counts not match, and price just go one direction, and just wake up.
I don'nt have so strong stamina, just buy or sell.
Any receipts,

I talking example today yesterday EUR/USD or AUDUSD

Build strong stamina . I know how you feel cuz entering the bullish run against the USD starting tuesday was almost impossible if you waited for a pullback . Thats what Im waiting for and Im satisfied waiting until my variables are present . All you can do is wait until your setup offers itself because the alternative is to trade randomly and theres no edge in that . The bright side is that these kinds of runs dont typically have a long shelf life and get exhausted easily BUT you never know .

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  #4 (permalink)
Live Your Bliss
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Yes, trends are truly terrible for a trader. The best thing is directionless chop, because there's lots of opportunity.

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
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  #5 (permalink)
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Anagami View Post
Yes, trends are truly terrible for a trader. The best thing is directionless chop, because there's lots of opportunity.

If you trade pullbacks and if you are patient enough, you will love strong trends. If you are counter-trend trader, you may not like them. Best to identify market conditions and then adapt the trading style.

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  #6 (permalink)
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Fat Tails View Post
If you trade pullbacks and if you are patient enough, you will love strong trends. If you are counter-trend trader, you may not like them. Best to identify market conditions and then adapt the trading style.

How the heck did you miss my fastidiousness??

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
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Anagami View Post
How the heck did you miss my fastidiousness??

I do not know your personally. And I could not see the expression of your face, when you wrote it.

I have already offended a couple of people with my humor, so - at least sometimes - I pretend to be serious.

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  #8 (permalink)
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Fat Tails View Post
I do not know your personally. And I could not see the expression of your face, when you wrote it.

I have already offended a couple of people with my humor, so - at least sometimes - I pretend to be serious.

Regardless of anything, I always appreciate your posts Fat Tails.

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
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  #9 (permalink)
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I recently started a thread called "Market Mood" that touches on similar concepts.

Sometimes the market will go through extended periods when trends tend to go in a straight line with hardly any pullbacks. The question is what to do in response: wait for the market to return to "normal" so you can take pullback trades again, or adapt your style to suit what the market is currently offering?

These are not easy questions and I don't pretend to have all the answers. The key issue is how long the market can be expected to continue in "no pullback" mode, and there are different opinions on how to estimate this. Some traders believe it's basically random: what the market's offering today has no impact on what it will offer tomorrow. Others (myself included) believe the market enters recognizable "moods" that tend to last for weeks at a time.

Wheverever you fall on these questions, I think it is worthwhile for all traders to add a "breakout trade" setup to the arsenal if they don't already have one. Sometimes breakout trades are favored, sometimes they're not, but it's helpful to be able to recognize and execute these setups in case you need them.

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  #10 (permalink)
Live Your Bliss
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worldwary View Post
I recently started a thread called "Market Mood" that touches on similar concepts.

Sometimes the market will go through extended periods when trends tend to go in a straight line with hardly any pullbacks. The question is what to do in response: wait for the market to return to "normal" so you can take pullback trades again, or adapt your style to suit what the market is currently offering?

These are not easy questions and I don't pretend to have all the answers. The key issue is how long the market can be expected to continue in "no pullback" mode, and there are different opinions on how to estimate this. Some traders believe it's basically random: what the market's offering today has no impact on what it will offer tomorrow. Others (myself included) believe the market enters recognizable "moods" that tend to last for weeks at a time.

Wheverever you fall on these questions, I think it is worthwhile for all traders to add a "breakout trade" setup to the arsenal if they don't already have one. Sometimes breakout trades are favored, sometimes they're not, but it's helpful to be able to recognize and execute these setups in case you need them.

Even in strong trends, you can usually find good pullbacks on shorter timeframes. Say, if you trade 5 min and the trend is strong, look for a pullback on 1 min.

"...the degree to which you think you know, assume you know, or in any way need to know what is going to happen next, is equal to the degree to which you will fail as a trader." - Mark Douglas
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