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Every time I think I've identified a trend & I set my targets it does a 180

RBC (RachelBC)
Feb 18 2020 at 03:01
1 Posts
I'm not sure what I'm doing wrong but it seems every time I set my curve, identify my trend or change in trend and add my entries, stops and targets the trend seems to immediately do a 180...

I've tried identifying 'W's 'M's double tops double bottoms in addition to flags, triangles, etc.

Anyone have any suggestions what I can refer to help with this?

Achilleas (Spartan121)
Feb 18 2020 at 04:51
1 Posts
Hi RBC - In my opinion Indicators are part of a learning curve for traders. Indicators may show different visions on different Time frames. I use them as a general guidance - When a trade decides to go the opposite way - you need to have a secondary strategy - Hedging is part of the tools i use (this depends on what jurisdiction/country your trading from)

vontogr (togr)
Feb 18 2020 at 14:52
4862 Posts
RachelBC posted:
I'm not sure what I'm doing wrong but it seems every time I set my curve, identify my trend or change in trend and add my entries, stops and targets the trend seems to immediately do a 180...

I've tried identifying 'W's 'M's double tops double bottoms in addition to flags, triangles, etc.

Anyone have any suggestions what I can refer to help with this?


That is actually good thing.
Just do everyting as always and revert trade direction.

Treeny
Feb 27 2020 at 21:27
155 Posts
Yep, if it does a 180 more often than not then you have a winning strategy 😁

Profits
JapaneseGroupFx
Feb 29 2020 at 07:34
77 Posts
RachelBC posted:
I'm not sure what I'm doing wrong but it seems every time I set my curve, identify my trend or change in trend and add my entries, stops and targets the trend seems to immediately do a 180...

I've tried identifying 'W's 'M's double tops double bottoms in addition to flags, triangles, etc.

Anyone have any suggestions what I can refer to help with this?

There must be something you are not doing right then, I take time to identify trends, and this is my best way of being profitable, Trend is mainly the key to successful trading.

Fordrerne
Apr 18 2020 at 15:07
14 Posts
I do like humor of other posters but I also like my own entirely and I do understand that everything should go time in time with that matter absolutely. So let's move out with ease on all that topics. How else we could do it? Describe it with some screens.

Shalinara
May 26 2020 at 18:04
18 Posts
Yeah, unfortunately, that happens sometimes, too. You seem to be doing everything right, but still something goes wrong and you lose a seemingly successful deal. You have to be prepared for that at all times. Yeah, it's unpleasant enough and even a little depressing, but it's trading. You have to always be alert and literally ahead of events. It sounds a little pompous, but you can handle it. Think of it as part of your learning. Mistakes are lessons too, you can learn from them.

FundsProManager (TraderProHungary)
May 26 2020 at 18:41
83 Posts
RachelBC posted:
I'm not sure what I'm doing wrong but it seems every time I set my curve, identify my trend or change in trend and add my entries, stops and targets the trend seems to immediately do a 180...

I've tried identifying 'W's 'M's double tops double bottoms in addition to flags, triangles, etc.

Anyone have any suggestions what I can refer to help with this?

Just learn how to identify trends using Weekly, Daily, 4Hours,1Hour and 15 Minutes Candles, then you will not be wrong on trend. Also get pivot point plotters to use I dentify Resistance, Pivots and Support Lines, then you are good.

SpyT
May 26 2020 at 22:11
1 Posts
Currency strength is key (for short term trades)!! Trade the direction of the strong currency in areas of value and always wait for confirmation candles before pressing that Sell/Buy button. But there's no guarantees in the market

Stonesong
Jun 03 2020 at 06:19
128 Posts
It happens, of course, that it’s so good that they shared and told.

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