NexusFi: Find Your Edge


Home Menu

 





I hate strong trends


Discussion in Currencies

Updated
      Top Posters
    1. looks_one Anagami with 6 posts (3 thanks)
    2. looks_two Fat Tails with 4 posts (2 thanks)
    3. looks_3 ThatManFromTexas with 4 posts (1 thanks)
    4. looks_4 worldwary with 3 posts (3 thanks)
      Best Posters
    1. looks_one worldwary with 1 thanks per post
    2. looks_two Anagami with 0.5 thanks per post
    3. looks_3 Fat Tails with 0.5 thanks per post
    4. looks_4 ThatManFromTexas with 0.3 thanks per post
    1. trending_up 11,022 views
    2. thumb_up 10 thanks given
    3. group 7 followers
    1. forum 27 posts
    2. attach_file 2 attachments




 
Search this Thread
  #21 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
Thanks Given: 1,206
Thanks Received: 4,360


Anagami View Post
I've never been able to get a consensus from traders about anything.

One man's long is another man's short.

I disagree...


I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
Irans Dual Probability: Guns Quiet at 99.95% While Forma …
Prediction Markets & Event Contracts
Q1 2026 Shatters All Derivatives Volume Records -- CME H …
Traders Hideout
Prop Firms Are Banning Gold Trading as Record Prices Mak …
Funded Trading Evaluation Firms
The 50/50 Paradox: Peace and Invasion Each at 20% -- Ira …
Prediction Markets & Event Contracts
Post-Summit Scorecard: $36M in May 15 Bets Settle Near-Z …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Sober Journey With S&P
21 thanks
2026 Jlab journal
10 thanks
Trying to learn Volume and price action correlation
8 thanks
Algo automated / semi-automated trading anyone?
6 thanks
Lady Vols Primer: Trading Volatility Journal
5 thanks
  #22 (permalink)
 
josh's Avatar
 josh 
Georgia, US
Legendary Market Wizard
 
Experience: None
Platform: SC
Broker: Denali+Teton
Trading: ES, NQ, YM
Posts: 6,330 since Jan 2011
Thanks Given: 6,954
Thanks Received: 18,623


Trankuility View Post
Of course, you should know beforehand where/when to enter and where/when you should exit the trend.

You should know beforehand when to exit a trend? That seems to violate the concept of trading with the trend, as you don't know when it's over. If you mean that you trail your stop and place it at a certain place, I understand, but it would seem silly to be in a strong trend trade, in profit, and exit at a certain place without some confirmation of the trend showing strong weakness.


Reply With Quote
  #23 (permalink)
 dutchbookmaker 
NYC
 
Posts: 187 since Dec 2010


Don't think about liquidity...


Reply With Quote
  #24 (permalink)
 
Trankuility's Avatar
 Trankuility 
California
 
Experience: Intermediate
Platform: FxTrade/Ninjatrader
Broker: Oanda/MBT
Trading: Eur/Usd
Posts: 269 since Jan 2011
Thanks Given: 54
Thanks Received: 151


josh View Post
You should know beforehand when to exit a trend? That seems to violate the concept of trading with the trend, as you don't know when it's over. If you mean that you trail your stop and place it at a certain place, I understand, but it would seem silly to be in a strong trend trade, in profit, and exit at a certain place without some confirmation of the trend showing strong weakness.

No, silly billy!

You can't know when the trend will end. Of course. But you should have an exit plan in your noggin before you place the trade.


Visit my NexusFi Trade Journal Reply With Quote
  #25 (permalink)
 
josh's Avatar
 josh 
Georgia, US
Legendary Market Wizard
 
Experience: None
Platform: SC
Broker: Denali+Teton
Trading: ES, NQ, YM
Posts: 6,330 since Jan 2011
Thanks Given: 6,954
Thanks Received: 18,623


Trankuility View Post
No, silly billy!

You can't know when the trend will end. Of course. But you should have an exit plan in your noggin before you place the trade.

Ok, chilly chilly! ;-)

Well you said you should know when/where to exit, and that sounded like a bit more than an exit plan to me! Anyway, I know what you mean now.


Reply With Quote
  #26 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
Thanks Given: 1,206
Thanks Received: 4,360


josh View Post
Ok, chilly chilly! ;-)

Well you said you should know when/where to exit, and that sounded like a bit more than an exit plan to me! Anyway, I know what you mean now.


I trend trade. I have an exit plan... when I get an exit signal ...I exit.


I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
Reply With Quote
  #27 (permalink)
 sharmas 
Auckland
Market Wizard
 
Experience: Advanced
Platform: Ninja Trader
Broker: Zen-Fire
Trading: CL and ES
Posts: 783 since Apr 2010
Thanks Given: 3,830
Thanks Received: 752

As they say

when you are in Long the market goes Short and when you are in Short the market goes Long.
so now you can see why people dont like strong Trends.....lol

sharmas


Visit my NexusFi Trade Journal Reply With Quote
  #28 (permalink)
Nasdin94
Singapore, Jurong West
 
Posts: 128 since Oct 2011
Thanks Given: 11
Thanks Received: 114


ThatManFromTexas View Post
Not sure I understand the problem with strong trends

Attachment 37118

Damn, you're missing out on price action.
Especially this duck formation here!





From this pattern here, we can observe that the duck is indeed very angry, showing signs of aggression by lowering its neck.

This is a strong sign of a trend reversal as the duck will now raise its head and stand up straight to chase the enemy.
So a bullish trend trend reversal can be seen here.


Reply With Quote
Thanked by:




Last Updated on October 22, 2011


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts