Is Trend Following Strategy the best?

[angelnish]

Is Trend Following Strategy the best?

[UncleBuck]

I think the markets range something like 70% of the time, therefore, you would need to trade according to the market conditions at the time. I don't think it would be useful trading a 'Trending' strategy on a market which is ranging. A perfect example is the EUR/CHF at the moment.

Therefore, I would say you should have several strategies for each of the following markets, and then trade those strategies in those market conditions:

Trending (i.e. moving averages, trend lines, support & resistances)
Ranging (i.e. trading support & resistance levels, breakout strategies, stochastic oscillators)

[angelnish]

Oh Yes, trading is never an easy profession, But we trend with the trend. Until it ends.

I do not hunt the market, I rather hunt with the market.

I think the markets range something like 70% of the time, therefore, you would need to trade according to the market conditions at the time. I don't think it would be useful trading a 'Trending' strategy on a market which is ranging. A perfect example is the EUR/CHF at the moment.

Therefore, I would say you should have several strategies for each of the following markets, and then trade those strategies in those market conditions:

Trending (i.e. moving averages, trend lines, support & resistances)
Ranging (i.e. trading support & resistance levels, breakout strategies, stochastic oscillators)

[theMoney]

I do not hunt the market, I rather hunt with the market.

Good saying there, basically what trading is about; following the ebb and flow of the market instead of forcing the market to do what WE want.

[angelnish]

Thank you the money