M1 Countertrend Scalping Strategy

Quoting cpfleger

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an example of waiting where most people would close at a loss, I have a very high risk tolerance but I do not recommend for most traders yet, until they learn to read the Market as KoF says. cpfleger {image}

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Quoting dr.essamq

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Thanks for the quick reply I am talking about the silver I think we have to wait for the 5 mints chart somthing like 40-50 pip (could be less or more according to the pair) at lesat away from the 200 MA befor going againt the moving avarage

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Quoting cpfleger

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ross.d, the subject with Abade was pertaining to stop losses (page 20), I said most Traders would set a SL at 2 to 5 pips or wait it out if the market reverses against their trade. I tend to wait it our because lower TF trades tend to reverse alot which is why I am showing wins on reversed Buys. He was unclear on SL Rules. My Scalping Guide (targets) towards the EMA Strategy is - 100% 9 EMA / 75% 20 EMA / 50% 50 EMA and 25% 200 EMA. This is why KoF and I both shoot for the 20 EMA and my record is over 90% successful. cpfleger

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