I want to make traders out of ETers, come in

Discussion in 'Trading' started by APA, May 17, 2008.

  1. A trend = a continuous imbalance of supply and demand causing price to go generally in one direction.

    A countertrend = a time period in a trend where price direction goes opposite of the direction of a trend

    A countertrend could be identified by comparing it with reversal signal. If reversal signal does not exist, then it is a countertrend.

    If trend is a signal, then countertrend is a signal as well.

    I am finally a trader!!!!!
     
    #51     May 19, 2008