1 contract trade over 6E, target near vwap and S +250 USD

redratsal 

...With regards to trend following strategies they occur less often and therefore you don't want to miss the opportunity, you need to be ahead of market, whereas in counter trends the action already occured, it's rather a question of timing. ...

It depends how you define a trend but to exploit a counter trend trade you need first a trend up or down. Thinking counter trend trades are more frequent is subjective. Yin, Yang, Valleys, Peaks, counter trends, trends etc. it's all linked. I would rather think that it is more frequent to see a move a 100 ticks with the trend than a move of 100 ticks against the trend. What you call a counter trend trade i might call it a small trending segment. See chart included.

trendisyourfriend 

It depends how you define a trend but to exploit a counter trend trade you need first a trend up or down. Thinking counter trend trades are more frequent is subjective. Yin, Yang, Valleys, Peaks, counter trends, trends etc. it's all linked. I would rather think that it is more frequent to see a move a 100 ticks with the trend than a move of 100 ticks against the trend. What you call a counter trend trade i might call it a small trending segment. See chart included.

I cannot judge and comment a method with just one example, you can make 100 ticks wih just one move or with 10 moves of 10 ticks, in both cases if you are successful your pnl will be almost the same, I don't look at the performance of a single trade but rather at the pnl at the end of the journey.

This was the last trade of the day with 7 long contracts over CL, target on R +1210 USD. In the image the shorts have reached the floor of the downtrend when the gomcd became neutral and with a few delta values it jumped 65 pips, from my reading it was a clear sign that the shorts were not interested in this leg and let it run up. My thoughts were confirmed by the break upward of the TL.

redratsal 

I cannot judge and comment a method with just one example, you can make 100 ticks wih just one move or with 10 moves of 10 ticks, in both cases if you are successful your pnl will be almost the same, I don't look at the performance of a single trade but rather at the pnl at the end of the journey.

redratsal,

I am not sure i follow your thoughts on this last comment. I just wanted to stress the fact that Trend and counter-trend go hand in hand. You can't have one side more dominant as you wrote here "With regards to trend following strategies they occur less often and therefore you don't want to miss the opportunity". For each counter-trend trade, there is a trend trade. As you can see that was not about a specific method or approach or pnl.

First trade of the day 6E 3 contracts, target between vwap and S +412 USD

This is a nice short trade with CL 1 contract +456 USD. Normally I would have put the target on the Vwap but I noticed a possibility on the GomCD; beeing the TL on the Vwap I waited to check if some shorts would show up and pierce the vwap on a down trend. The longs closed their position, gomcd moved 1000 values without changing price (no shorts interested at that moment). As soon as the shorts came in there were no more longs interested and the price move 50 and more pips down.

Another trade with CL 1 contract. I decided to anticipate the short entry on the 2sd as 94 was an important resistance level, the market retraced very fast +226 USD

This is a reversal example with CL. The short entry was, as usual, on the vwap upper 2sd, the market after breaking the 94 level went strongly against the trade. After scaling 8 contracts and with a MAE close to the stop management I waited for a retracement and reversed the trade loss - 1500 USD



Without the reversal the stop management (5000 USD) at 95 would have been hit