M1 Countertrend Scalping Strategy

Quoting charli86

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gbpchf looks tempting,but not fit 100% in my style ...Probablly pass ,only if clear evidence of slow down

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Quoting charli86

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{quote} after news waiting more to rise before drop, we'll see...

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Quoting cpfleger

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cossee, just slow down and follow the steps, this system works over 95% if YOU learn to go slow and then quick to exit. cpfleger

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Quoting cpfleger

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Continuation... {image}

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Quoting cpfleger

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cosse, Your first Chart was a late entry and why use 0.02 lot size, your practicing the PROCESS and not shooting for a Lambo. I did say earlier, when the HA Candle touches or above the 6 LWMA Line, read sir. cpfleger

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Quoting cpfleger

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mansan, Do not follow my trades until you master the steps, sorry my man but I always look at 1M first and then open and trade on the 5M... cossee. Your first Chart I assumed is a Trend trade, selling with the trend and the MA's are directional bias only but you entered late, practice using the Steps. jodh1111, excellent as usual. I am offline until Sunday night.... cpfleger

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Quoting cpfleger

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cossee, Both supporting (really all 3) show red or green or volume (3rd) as directional bias, so when the RSI and continuation show the same color we then go upwards to the Candle and validate when it turns the same color and we then wait for a candle to open above or below the 6 LWMA to enter a trade. Step 1 - RSI / Continuation color Step 2 - HA Candle color (the same or not (if no WAIT) Step 3 - Candle open on below 6 LWMA (Sell) - opposite for a Buy Step 4 - Open trade Step 5 - Manage position (Trade) Step 6 - TSL if desired Step 7 - Exit at...

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