Most people will tell you that the trend is your friend. But what happens if a reversal is coming, is the trend still your friend? no of course not! So if you trade with the trend when the price of a pair is about to drop you don’t want to go long. You want to go short.
In the video below I show you how I made 30% in one day trading one pair using just counter trend trades. I did this in a live account in a trading room with traders watching my every move, while he was explaining the trades.
The reason I’ve been trading this aggressively is because I am actively participating in a trading competition. At the end of the video I show you the current standings of the competition.
Watch the video below and leave a comment on what your thoughts are on this type of trading and on counter trend trading in general:
Winner’s Edge Trading, as seen on: