Strategy used by swing-traders to profit from the reversal of a current trading trend. Traders hold positions for several days or several weeks, relying on indicators, graphs and oscillators to determine when the reversal will occur.
Related information about countertrend trading:
- Countertrend Trading Definition | Investopedia
A type of swing-trading strategy that assumes a current trading trend will reverse and attempts to profit from that reversal. Countertrend trading is a medium-term ...
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Feb 13, 2009 ... When countertrend trading know: Support and resistance levels where traders identify entry and exit opportunities when trading. Fibonacci ...
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Feb 22, 2007 ... Countertrend trading simply means trading against the trend. This is a trading strategy followed by many traders for small gains by doing a ...
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Definition of countertrend trading: Strategy used by swing-traders to profit from the reversal of a current trading trend. Traders hold positions for several days or ...
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Oct 1, 2010 ... Learning to develop reliable and robust countertrend trading systems to go along with profitable trend following methods is one path to ...
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Countertrend trading. Counter trend trading is similar to trend trading except that once you determine your overall trend, you look for trades in the opposite ...
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Oh and just a word of advice from a profitable FX trader, countertrend trading WILL wipe out your account. Read Market Wizards and then tell me how many of ...