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M1 Countertrend Scalping Strategy

  • #981
  • Jan 1, 2023 1:11am Jan 1, 2023 1:11am
Hi Everyone - Wish you all a happy and glorious New Year 2023!

On this New Year, I wish everyone a superb January, a dazzling February, a Peaceful March, an anxiety-free April, a sensational May, and joy that keeps going from June to November, and then round off with an upbeat December.
The best traders hone their skills through practice and discipline.
  • #982
  • Jan 1, 2023 8:42am Jan 1, 2023 8:42am
Hello, I guess we have to focus on how to follow the trend not only on counter-trend entries. If EMA 9/20/50 crosses the EMA200 and price was in a sideway, just be prepared to follow the trend. And each time the price reject the EMA20 get read ready to re-entry again until the price close below it and this is our exit. Just my opinion BTW but I hope you will take this in considerations.
  • #983
  • Jan 1, 2023 9:16am Jan 1, 2023 9:16am
A sunday video for all of you to watch and listen too....

Inserted Video

Mind and Method - of a High Stake Trader
cpfleger
  • #984
  • Jan 1, 2023 9:25am Jan 1, 2023 9:25am
intense and focus, not sitting on the beach searching for wifi or distracted by a beautiful woman....
2023 goal - learn the process.
cpfleger
  • #985
  • Jan 1, 2023 9:43am Jan 1, 2023 9:43am
Quoting cpfleger
A sunday video for all of you to watch and listen too.... https://www.youtube.com/watch?v=krNmx9loVHM Mind and Method - of a High Stake Trader cpfleger
Popular video posted on several forums on FF recently.
Not high quality but worth listening to for useful free advice from someone who actually trades.
every Saint has a past. Every Sinner has a Future
  • #986
  • Jan 1, 2023 9:54am Jan 1, 2023 9:54am
my job as a Trader is NOT to be right or wrong NUT to find a safe and high odds of entry point and then apply PATIENCE.....
excellent insight.
cpfleger
  • #987
  • Jan 1, 2023 9:54am Jan 1, 2023 9:54am
sorry clerical error - old man eyes - NUT should be BUT.
  • #988
  • Jan 1, 2023 10:48am Jan 1, 2023 10:48am
As of today I am also retired, just start reading here. Looking forward to an interesting strategy, first try demo. Is there anything special to consider?
  • #989
  • Jan 1, 2023 11:21am Jan 1, 2023 11:21am
ingo3344,
watch KoF video's twice, listen and learn and open a small demo account, practice and make mistakes because we learn more by error than winning.
cpfleger
  • #990
  • Jan 1, 2023 9:11pm Jan 1, 2023 9:11pm
Quoting cpfleger
A sunday video for all of you to watch and listen too.... https://www.youtube.com/watch?v=krNmx9loVHM Mind and Method - of a High Stake Trader cpfleger
Hi cpfleger

Tom Hougaard certainly has a great skill set to be able to trade the markets with total confidence.
But what does this video prove about how we should be trading the markets?

Candle by Candle, not averaging down using a few moving averages which MAY WORK, OR MAY NOT WORK.
I think you posted Tom's video in an inappropriate thread that reply's on 20 to 50 historical bars using moving averages rather than a thread that only focuses on THE NOW.
Trading thin liquidity at the boundary of the charts
  • #991
  • Jan 1, 2023 9:33pm Jan 1, 2023 9:33pm
RickM,
thanks for your opinion but I believe some others may disagree, as I said earlier in my posts after the video.
cpfleger
  • #992
  • Jan 1, 2023 11:10pm Jan 1, 2023 11:10pm
today is not a good day to trade, spread is a bit unusual. and market is kinda slow.
better watching netflix n sleep

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  • #993
  • Jan 1, 2023 11:38pm Jan 1, 2023 11:38pm
Quoting akangaziz
today is not a good day to trade, spread is a bit unusual. and market is kinda slow. better watching netflix n sleep {image}
all the banksters are still hung over, they should feel better tomorrow
every minute matters!
  • #994
  • Jan 2, 2023 12:21am Jan 2, 2023 12:21am
Quoting ross.d
{quote} Here you go niks!! Once converted, please share the mq5 file along with the ex5 file. Many thanks!! {file}
here it is ross.d - let us know if you have any questions or need any changes

Attached File(s)
File Type: ex5 MultiMA.ex5   46 KB | 361 downloads
Attached File(s)
File Type: mq5 MultiMA.mq5   16 KB | 419 downloads
every minute matters!
  • #995
  • Jan 2, 2023 3:17am Jan 2, 2023 3:17am
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  • #996
  • Jan 2, 2023 3:57am Jan 2, 2023 3:57am
wanted to go in the circle for the first time, right or wrong
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  • #997
  • Jan 2, 2023 6:02am Jan 2, 2023 6:02am
Quoting ingo3344
wanted to go in the circle for the first time, right or wrong {image}
I suggest to take your time and read the whole thread and look at all trade example/charts, then you can answer yourself ;-)
  • #998
  • Jan 2, 2023 7:13am Jan 2, 2023 7:13am
Opportunity....
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  • #999
  • Jan 2, 2023 8:16am Jan 2, 2023 8:16am
excusitis vaccination....
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  • #1,000
  • Jan 2, 2023 8:38am Jan 2, 2023 8:38am
Building confidence....
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