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- newandconfus replied Feb 7, 2023
Though I am new to scalping but I really find this M1 countertrend strategy interesting and this thread has many great I want to continue learning from here! Lets keep going guys! Cheers
- newandconfus replied Feb 7, 2023
thanks Eagle-Eye! May I understand the reason for entering only on single wicked candle? does the top-wicked / bottom-wicked candle matters? Thank you for your guidance. Cheers
- newandconfus replied Feb 7, 2023
Thanks cpfleger! The chart looks decent now i guess. Hope I am interpreting the trading rules right. appreciate if you can comment on that For example, at TF M1, 1) The general trend is downwards, so wait for buy signal for counter trend. 2) When ...
- newandconfus replied Feb 7, 2023
hi cpfleger, thank you once again! 1) it was a M1 AUDJPY, downloaded the template but not sure why XAUUSD H1 appear at the side. 2) downloaded continuation indicator but may i know how do I map it with RSI like yours? 3) can you explain abit more on ...
- newandconfus replied Feb 7, 2023
thks Eagle-Eye! Do you mean by this candle for entry point? Do you open right after this candle? Greatly appreciate if you can provide me with an example to follow. Thanks cheer!
- newandconfus replied Feb 7, 2023
thank you cpfleger!!! Just want to understand the entry point. For example below, i noticed a strong downtrend, is this valid opportunity for entry point (red arrow) for counter-trend? Thanks!
- newandconfus replied Feb 7, 2023
Hi all! I am new to scalping and I find mean-reversion strategy really interesting. Have been following this tread for some time and tried out cpfleger's templates. But I always got caught out by the breakout and lose as a result. Really ...
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