EMini Volume Profile Daytrading

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Is the “Trend Always Your Friend”? How Friendly?

Posted by Editor on August 27, 2011

In the video which follows the jump we will engage in a consideration of the “ideal” of trading “with the trend”. Is the “trend” always “your friend”, if you are a day trader seeking daily income? Or could it be better to ground your trade plan on more universal variables which occur in all types of market conditions? The reader may notice that the more recent posts on this blog have presented various different vantage points on strategies for trade plans structured for consistent daily income. This is a reflection of my experience that the flavors and behaviors of the markets are constantly changing and evolving in the context of short term day trading. It also appears to me that the pace of that “morphing” phenomena is accelerating more all the time, as the world seems to be in quite a grand scale mega shift mode in all areas of life these days—–all of it quite naturally playing out in the in day to day behaviors of all of us participants in ebbs and flows of the currency markets.

As a day trader in this era, I believe the profits will accrue for the most nimble. It is our challenge to be awake and responsive to adapt to whatever the market has to offer. Every twist and turn will always present opportunity along with every risk. So why not create a trade plan which allows us to be flexible and able to benefit in any type of market conditions, rather than putting on blinders to all but one behavior? This perspective guides most of the strategies I employ in my day to day trading. I see opportunities at the turns, which come along every day, one way or another—regardless of the “trendiness” of the daily chart or any other time frames. Turns will set up, and there are infinite ways to stake out your claim to your piece of the big pie (as in wide ranges for the Euro, day in and day out). In upcoming posts, with more videos to follow, I will elaborate further on some of my applications of this concept, perusing through different strategies, adapting to the market, as it continues to keep on turning.


Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.


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