【Question】Is it not possible to use moving averages for counter-trend trading?【Answer】
Community with questions ↓
A method to aim for 50 pips per day using moving averages!
【Questioner】
Can't moving averages be used for counter-trend trading as well?
Should I mainly use them for trend-following?
【Answer】
Discrepancies in moving averages
While I am skilled at handling counter-trend as well
it is better to use moving averages to catch the market's waves
trend-following yields greater profits, and in the long run that path is definitely better
Counter-trend can be used if you become proficient with the techniques
but if you are not making profits or want to extend profits
you should absolutely use it for trend-following
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