Why the Market Turns Against You Whenever YOU Get In!

Here's why the markets often turn against your trades, especially if you're using "overbought" or "oversold" indicator patterns.

Get Part 2 of this series here:

Make sure not to miss a single video from Barry! Click here to Subscribe:

====================================================

Barry Burns
Top Dog Trading

Get the Free Trade Strategy: “The Rubber Band Trade”:

===================================================

Watch the related video: "Forex RSI Indicator Strategy"

---

---
RISK DISCLAIMER:
The information contained on this video is for informational and educational purposes only. We are not registered as a securities broker-dealer or as investment advisers, either with the U.S. Securities and Exchange Commission or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Trading and investing involves substantial risk. Financial loss, even above the amount invested, is possible. Seek the services of a competent professional person before investing or trading with money.
The information contained on this video, is not provided to any particular individual with a view toward their individual circumstances and nothing in this video should be construed as investment or trading advice. Each individual should assume that all information contained on this site is not trustworthy unless verified by their own independent research.
Any statements and/or examples of earnings or income, including hypothetical or simulated performance results, are solely for illustrative purposes and are not to be considered as average earnings. Prior successes and past performance with regards to earnings and income are not an indication of potential future success or performance.
You should never trade with money you cannot afford to lose. The information in this video is in no way a solicitation of any order to buy or sell. The author and publisher assume no responsibility for your trading results.
This information is provided "AS IS," without any implied or express warranty as to its performance or to the results that may be obtained by using the information.
Factual statements in this site are made as of the date the information was created and are subject to change without notice.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

[rupes]

I'm at that stage where even not relying on indicators, the market almost immediately moves against me. On a 1 hour timeframe, price was ranging for no less than 12 hours, but on the candle that I entered my trade (of the next candle), price decides to breakout of that channel, and of course it does so against my position. That scenario has happened to me at least 5 times in the last week, with about 3 different securities - stocks, Forex, and commodities. Some of those lost trades were due to continuation, others reversal, but the crazy ones are where after the breakout - and my stops getting hit - price then continued in my original forecast direction. It really makes me question if I've been wasting my time.

[GamingShocker]

If price is trending and the RSI is above 50 level, keep buying and adding if there is displacement and trail your stops at the pullbacks until you spot a divegence you can TP or just close the positions. / vice versa for sells.

[heisgeemoni]

I watched your lecture till the end and enjoyed every minute of it.. mostly the volume part.. "The dollar is in the detail" your fine quote lol. I will revisit again
thanks for the time it took for you to make this lesson.

[johnpalmer]

Finally someone gives the sensible interpretation of oscillators !!!! Nice video.

[truthseekerv]

Your problem was that you were shorting in an uptrend. If you took those signals in a downtrend, they would have worked. Buy those crosses in uptrend, sell them in simple. True, they wil not get to overbought that often in a downtrend, so do the opposite. When it crosses from oversold in a downtrend, then short.

[duanescot]

I am totally at this stage in my day trading career, I can watch a stock consolidate endlessly, literally within 20 seconds of entering the trade to the long or short side, it immediately makes a move and reverses in the other direction and I get stopped out, 9 times out of 10, makes me want to punch holes in the walls. To the point of this video however, after using trade ideas a reversal/RSI scanner, I noticed that "overbought" usually resulted in a stock going higher vs. reversing, and started to use it that way. Go figure

[StocksIQ]

And people are teaching the opposite of this to new learners who don't know any better and need help, which is why Barry is the best teacher in my opinion! Thanks

[markusthedrummer]

Where is the link for the MSI you mentioned? I don't see it any longer

[JR-rwzp]

Rate of change length 2 (ROC-2) is the momentum indicator—actually the only indicator—I use for scalping the 1m chart, and it wins 70-90% of the time, especially on pullbacks. Preferably the market is also trending one way, but even that is not necessary to get a high win rate.

[TheHaratashi]

Hi Barry. I clicked on the i and watched the video but then it kind of dead ends. I even filled out the form with my email address to get the momentum video but nothing happened. How can I get the momentum video mentioned? Thank you.

[AlJaques]

There is no "I" at the upper right anymore. How do I go to that video?

[pariS-pl]

Barry, you channel is helpful and informative- just bought you trend trading for dummies book. Appreciate

[markusthedrummer]

Omg thank you thank you thank you! I’m not crazy. The market isn’t out to get me. The market makers aren’t spying on me !

[TrackVibesJA]

I've lost alot of money using th3 70 and 30 level on the RSI as reversal zones. From what I've seen, price will reverse at those levels probably 2 out of 10 times. Therefore i just use the 50 level now. Once its below im selling, once its above im buying. Keep it simple. It gives me a higher win rate.

[ZenProTech]

Very helpful video. I learned a lot from this. I can visually see what is happening as well. As those indicators are crossing down the price is going down (small dip). As they yell buy buy buy in the pit (they want to be the first ones in on the dip), they are actually buying the dip which pushes the price back up (hence the fakeout) Very clever and smart.

[abbass]

the easy solution of this happens with all, if u know technical, drawings etc, then where u want to enter plz wait for 5 min at least, market never comes immediately after entry, u do mock at that time and see what happens next in five min, definately it will go against u, wait for ur stoploss it will hit that and then enter ur trade, brokers also do that keep position where clients enter and they enter a bit late within ten pips, brokers kept people and allotted there workers according to experience and they enter position after client i worked in broker house too any one who read it plz like or reply so that i may get people read it thanks

[farmerfomIndia]

I think every trader in their career has felt that and will feel the same in future

[REUBS]

I'm really glad that you mentioned that there is nothing to buy - Ebook of secrets or paid training program. You're just doing it to battle misinformation that other "trainers" put out there. Great stuff! Thank you. You just got yourself a new sub 😁

[davephillips]

Great information, not only in the video but in the comments.

[leomarleandro]

I am using a combination of Topdog Technics and The Fib Fusion strategy the results has been revolutionary for information on the Fib Fusion Strategy do a simple internet search.