When the Trend isn’t your friend, Top Techniques for Counter Trend Trading

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:

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Casey Stubbs is the founder of Winners Edge Trading, which is one of the most widely read forex sites on the web. Winners Edge Trading has trained thousands of people to trade the Forex markets.

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  • David

    Scam Alert!!! [email protected]

    Yes yet another scam involving someone offering to trade on your behalf and turn a small deposit into a fortune. So far there has been the Sarah Miller Scam and the Betty Rattenburry Scam and now here is a new one to add to the list. They all have the same final outcome. This is how it all starts… You find there message posted online and it goes like this… ” Originally Posted by ferdinard it would be erroneous to relent and quit binary option and pause your trading with the markets basically because of recent failures.Well i was at the verge of giving up but on the other hand i understood that giving up wasn’t an option.Only then did i meet my breakthrough,i met this young smart fellow whom offered me all i needed whom i now consider to be my mentor.Thus giving me directions and focus and today i have deviced a means which has earned me so much profit beyond my imaginations.Well if you are faced with same challenge,here is your breakthrough.With a very small investment,you could make great fortune..the secret isn’t far fetched,if you desire this breakthrough feel free to connect with me via email;[email protected]” All these scams have almost the same wording as above to get your attention. I contacted Ferdinard and asked if he could trade for me and i said from the start that i want no bullshit as i had been scammed by 2 other people before contacting him and I told him that they had both run with my money. I said that the 2 previous others had said to me they would trade for a set % of money but only from any profits achieved. I also said that they had both promised to hand me over the broker account usernames and passwords once i had sent them the deposit using Western Union to fund the broker account that they need to set up in my name. Ferdinard got back to me and said to me don’t worry i will recover all the money you have lost to these scammer and once you have sent me some money for the deposit then i shall send you over the account details to log in and make withdraws when you need to. He also funded the account for me with his money and said i can send over the money in a few days time as he wanted to get started straight away. (How nice of him)… Next i receive the fake screen shot of a 24option account showing the £300 deposited in it. After a few days i stupidly sent over the £300 to his agent using Western Union. Once a week had passed he sent me a new screen shot of the account and it now showed just under £2000… wow!!! So now i ask for the account username and password as he promised me this. I get a reply about 24 hours later saying sorry but i cant give you these details now as another client of his had his account closed down due to the 24option account being logged into from 2 different IP locations?? With all 3 of these scams i have found they all give an excuse when it finally comes to getting the account details. They also all say they want no money up front as they want to help people out and that it makes them happy to do this for them. Anyway Ferdinard tells me he can make the withdraw from his end and send it to me the following day. I think to myself that’s not so bad then and there is no talk of me sending over more money for this…… Then it happens… I get this reply the day im expecting to receive some money at last… “I have already initiated a withdrawal but I got this message from Inland Revenue Service (IRS) . Good day binary options trader We are here to tell you, you have to pay a tax fee‎. Every form of business done under the United state of America holds a tax fee As long as you make money understand Anything controlling the USA it holds a taxs fee And this most be payed this new week To avoid having problems when trying to make draws from your broker account It will cost you 550US dollar Your account is still under check. Ferdinard.” So there you have it… Finally the same outcome as all the other scammers. They send fake screen shots, They never hand over account username or password, They all end up asking you to send them money even though they have already got you original deposit you have already sent them.. Like I always say… Keep away or you will loose your money. If it sounds to good to be true then it is.

  • Ferdinard

    Quitting binary option and pausing your trading with the markets basically because of recent failures? Well I was at the verge of giving up but on the other hand I understood that giving up wasn’t an option. Only then did i meet my breakthrough, I meet this professor of mathematics whom offered me all I needed whom I now consider to be my mentor. Thus giving me directions an focus and today I have device a means which has earned me so much profit beyond my imaginations. Well if you are faced with same challenge, here is your breakthrough. With a very small investment, you could make a great fortune…the secret isn’t far fetched. If you desire this breakthrough feel free to connect with me: inbox or email me [email protected]

  • Clint, appreciate your comment, IF you have any feedback at all from Winners Edge Trading please let us know.

  • Thanks Tim, This has been a great time you should sign up for the next one….

  • I will reveal it soon thanks for watching

  • Thanks Tony, Glad you enjoyed it, if you have any questions let us know.

  • Clint Benge

    Great video Casey, can’t wait to get in to the fast track stuff

  • Tony H

    Hi Casey
    Thank you for the video, i missed first half of the room yesterday, great to understand your method. Keep up the great work in the comp.
    Regards Tony H

  • Tim C L

    I’m even impressed with the 3rd place at 47%. Casey I like your confidence. That custom orange/red indicator certainly gives you an advantage. Focus on overtaking and achieving 1st place, Thx for sharing and all the best.

  • mirza moeed Bakht

    waiting your reply

  • mirza moeed Bakht

    how much time will serve

  • mirza moeed Bakht

    pin bar set up, price bars,price bands, break out, support and resistance zones, in price action, how to get these tools, please guide and provide