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eternalfuture · 18-01-2004, 22:36

Novice,

For reference (in general) trend trading would be different than day trading in terms of:
1. Holding period
2. Not trading counter trend

Please enlighten me about the first point.

Personally, how we 'trade the trend' may differ from one to another. I think each may has different time-frame. What's a trend for trader A may turn out to be a counter-trend for trader B. This could happen as a result of different time-frame used.

For example, euro/usd is in a downtrend for trader A, but for trader B, it could be within a counter-trend of the previous rally to 1.2898. Both are correct. The differences are due to different charts they look at.

Cheers!

18-01-2004, 22:36	#3 (permalink)
eternalfuture Padawan Join Date: Aug 2003 Posts: 892 Rep Power: 0	Trend Trading Novice, For reference (in general) trend trading would be different than day trading in terms of: 1. Holding period 2. Not trading counter trend Please enlighten me about the first point. Personally, how we 'trade the trend' may differ from one to another. I think each may has different time-frame. What's a trend for trader A may turn out to be a counter-trend for trader B. This could happen as a result of different time-frame used. For example, euro/usd is in a downtrend for trader A, but for trader B, it could be within a counter-trend of the previous rally to 1.2898. Both are correct. The differences are due to different charts they look at. Cheers!