Trading Counter Trend Price Moves – Look For Clues

Trading Counter Trend Price Moves – Look For Clues

Trading with the trend is a viable part of any trading strategy but keep in mind that the trend will end.

As a trader, it does not hurt to have a few “tricks” up your sleeve to be able to tackle different market environments.

Counter trend trading is something you can do once you see a sign that the trend move, the impulse move, is running into issues.

Going back to the basics of a trending market, we have the impulse or momentum move and we have the pullback in price. Understanding this structure and the clues it gives you, can really improve your trading resultsays that may help you get a handle on Fibonacci retracement trading to find potential reversal points on your chart.