I just had to do a video on the recent moves on Oil.
The recent short was one of my favourite types of trades.
This is all about spotting when trends change, and how to trade them.
You see, counter-trend trades are nice and easy to talk about after the event, but in reality, they can be hard to take with confidence.
There is however a nice pattern that really helps me select my favourite counter-trend opportunities with the confidence required.
I have done a video on it, which will go into the details.
It might look complicated from this image, but watch the video and I’ll break this down into a simple concept, which time and time again allows me to pinpoint higher probability trading signals.
Just focussing on the Sniper strategy (disks on the chart), we can see 5 trades. 2 with the trend and 3 counter-trend. Trades that are moving with the longer term trend are usually the safest and produce the best and most consistent returns.
And counter-trend opportunities can be a little more erratic.
What I am talking about here is moving from a system follower to someone who can out-perform, improve their results and reduce the number of loss making trades.
Same thing with any golfer… the way we score better, is by playing fewer bad shots – not by playing more good shots. Look after the bad shots and the good shots look after themselves.
This clever pattern will help you and our Trendsignal members to do just that.
Remember: Trendsignal is an award-winning trading educator. We provide home traders with trading systems, trading strategies and expert coaching to help them achieve great results.
As explained in the video, some exceptional trades here, actionable even by a new trader… if you have the right technology.
So check my video out, and I hope it helps you achieve better results.
Head of Trading