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M1 Countertrend Scalping Strategy

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  • Post #2,081
  • Quote
  • Jan 24, 2023 12:47pm Jan 24, 2023 12:47pm
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 887 Posts
charli86,
have Faith, you can do this, if an old man can, so can YOU.
cpfleger
Follow
All
Instructions
To
Happiness
FAITH.
 
1
  • Post #2,082
  • Quote
  • Jan 24, 2023 12:55pm Jan 24, 2023 12:55pm
  •  charli86
  • Joined Jan 2017 | Status: Member | 293 Posts | Online Now
Quoting cpfleger
Disliked
charli86, have Faith, you can do this, if an old man can, so can YOU. cpfleger Follow All Instructions To Happiness FAITH.
Ignored
cpfleger,
thank you, after so many falls ,finally a spark of faith with fx.
 
1
  • Post #2,083
  • Quote
  • Jan 24, 2023 1:15pm Jan 24, 2023 1:15pm
  •  ntk
  • Joined Dec 2018 | Status: Member | 1,132 Posts
Quoting cpfleger
Disliked
Over 7 hours of intense trading - GBPUSD.... {image}
Ignored
Wow, long and short win rate both 100% ... You not even made one mistake???
How could you do it???
Surely not with only chart reading capability and experience, many times on M1 the trade started positively for me but in the middle somewhere the M1 trend reversed, so often the trade is to be stopped abruptly or you could end up run into loss if you "trust" your analyse too much ... and so often I am wrong, only the market is right.
I can confidently say: From my post half of them failed in the later phase even I had the first 5 or 6 pips positively prited on screen ... . Get a coffee coming back and almost every time I saw red everywhere
@TTT experiment
 
1
  • Post #2,084
  • Quote
  • Jan 24, 2023 1:59pm Jan 24, 2023 1:59pm
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 887 Posts
ntk,
thanks but I have alot of patience where most do not.
I always tell newbies to start off on a small account and build upwards.
this enables alot of waiting, patience and discipline.
cpfleger
 
1
  • Post #2,085
  • Quote
  • Jan 24, 2023 2:19pm Jan 24, 2023 2:19pm
  •  mansan
  • | Joined Oct 2013 | Status: Member | 185 Posts
Nice to see other people having success
EURUSD in progress
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veni vidi vici
 
1
  • Post #2,086
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  • Jan 24, 2023 2:58pm Jan 24, 2023 2:58pm
  •  cossee
  • | Joined Mar 2021 | Status: Member | 21 Posts
Quoting cpfleger
Disliked
Market is speaking to YOU... {image}
Ignored
I believe its telling us to sell.
I have been following you in this thread since December.
You sir, are a gem.
 
 
  • Post #2,087
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  • Jan 24, 2023 4:42pm Jan 24, 2023 4:42pm
  •  josh1111
  • | Joined Nov 2022 | Status: Member | 154 Posts
Pulled out before trailing stop on this one
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  • Post #2,088
  • Quote
  • Jan 24, 2023 5:14pm Jan 24, 2023 5:14pm
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 887 Posts
Tuesday Trading Tips
1) Never trade on your cell / mobile - why ?
Slipperage, no left screen and wifi, enough reasons.
2) Never use wifi
too much risk and/or lack of service
3) Do not overtrade
Too much pressure on your account balance
4) Never use wifi at home either
Use ethernet cable from the Router - serious connection point
5) Never cross jump systems
Use one system and master it

The Holy Grail is - YOU
 
2
  • Post #2,089
  • Quote
  • Jan 24, 2023 6:26pm Jan 24, 2023 6:26pm
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 887 Posts
Bitcoin Daily Scalp Paying Me...
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  • Post #2,090
  • Quote
  • Jan 24, 2023 6:27pm Jan 24, 2023 6:27pm
  •  Chucun
  • | Joined Dec 2022 | Status: Member | 68 Posts
Quoting chhico
Disliked
{image}as expected
Ignored
Hi Chhico,

May I ask why did you change your candle sticks to line and why did you get rid of the volume indicator for what you have now?
Can you explain what the indicator at the bottom is and how to read it? It appears to be RSI, a moving average etc...

Is it better than volume?
 
 
  • Post #2,091
  • Quote
  • Jan 24, 2023 8:15pm Jan 24, 2023 8:15pm
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 887 Posts
Night Shift Trader reporting to work...
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  • Post #2,092
  • Quote
  • Jan 24, 2023 8:24pm Jan 24, 2023 8:24pm
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 887 Posts
Bitcoin is paying me again...
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  • Post #2,093
  • Quote
  • Jan 24, 2023 8:27pm Jan 24, 2023 8:27pm
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 887 Posts
Bitcoin is giving me more money...
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1
  • Post #2,094
  • Quote
  • Jan 25, 2023 2:19am Jan 25, 2023 2:19am
  •  charli86
  • Joined Jan 2017 | Status: Member | 293 Posts | Online Now
Good morning guys,audchf waiting reverse
 
 
  • Post #2,095
  • Quote
  • Jan 25, 2023 2:36am Jan 25, 2023 2:36am
  •  charli86
  • Joined Jan 2017 | Status: Member | 293 Posts | Online Now
Quoting charli86
Disliked
Good morning guys,audchf waiting reverse
Ignored
ema 20 reached ,took good setup, analysing both m1 m5
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  • Post #2,096
  • Quote
  • Jan 25, 2023 4:37am Jan 25, 2023 4:37am
  •  charli86
  • Joined Jan 2017 | Status: Member | 293 Posts | Online Now
usdcad targets reached,ej small profit, very aggressive mode ,I added channel ema 8 hi lo and should wait when channel become a bit narrow than there is evidence of weakness ,eurcad a bit late entry and target reached
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1
  • Post #2,097
  • Quote
  • Jan 25, 2023 5:08am Jan 25, 2023 5:08am
  •  ntk
  • Joined Dec 2018 | Status: Member | 1,132 Posts
Quoting chhico
Disliked
In my analysisi the main direction for gold is short
Ignored
thank you for the warning
@TTT experiment
 
 
  • Post #2,098
  • Quote
  • Jan 25, 2023 5:37am Jan 25, 2023 5:37am
  •  charli86
  • Joined Jan 2017 | Status: Member | 293 Posts | Online Now
euraud was one of the best setups considering my analyse ,i think I will only look for similar opportunities from now on, need to wait and waittt ,as cpflager said 80 % of time in this game is waiting.
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  • Post #2,099
  • Quote
  • Jan 25, 2023 6:23am Jan 25, 2023 6:23am
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 887 Posts
charli86,
good trading, its called the Pareto Analysis (80 20 Rule).
cpfleger
 
1
  • Post #2,100
  • Quote
  • Jan 25, 2023 7:48am Jan 25, 2023 7:48am
  •  cpfleger
  • Joined Jul 2015 | Status: Member | 887 Posts
Calibrating the old Mouse finger....
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