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M1 Countertrend Scalping Strategy

  • #2,561
  • Feb 2, 2023 9:24am Feb 2, 2023 9:24am
just got in from a shopping trip with the mrs and turned on the charts to find Gold ready to trade.
Good work cpleger , Darwati , charli
Attached Image (click to enlarge)
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Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,562
  • Feb 2, 2023 9:28am Feb 2, 2023 9:28am
Seabreeze,
another satisfied Trader in the making.
cpfleger
  • #2,563
  • Feb 2, 2023 9:29am Feb 2, 2023 9:29am
NZDUSD M5
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  • #2,564
  • Feb 2, 2023 9:29am Feb 2, 2023 9:29am
Hit 1450 usd net profit, News is my new Best Friend....
  • #2,565
  • Feb 2, 2023 9:32am Feb 2, 2023 9:32am
Quoting charli86
usdchf drop that bomb please
closed not too much 11 pips was think that will reach more, anyway eu seems respected lvl 08900....
Make your own rules and stick to it.
  • #2,566
  • Feb 2, 2023 9:34am Feb 2, 2023 9:34am
1600 next target...
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  • #2,567
  • Feb 2, 2023 9:36am Feb 2, 2023 9:36am
Quoting cpfleger
Hit 1450 usd net profit, News is my new Best Friend....
Nice work you are killing it!
I am getting ready to switch to a Demo account at $100K with only 100:1 Leverage to see if I can meet the Prop Firm Prerequisites with this strategy.
Can't exceed 5% losses in a day or a total of 12% in a month.
I am not really sure if I can pull it off with only 100:1 leverage.
Need to exceed 13% profit within 3 months.
  • #2,568
  • Feb 2, 2023 9:39am Feb 2, 2023 9:39am
Quoting charli86
{quote}closed not too much 11 pips was think that will reach more, anyway eu seems respected lvl 08900....
I really do know know why I am not let it go. ,maybe because got stuck with trends a lot of times, even charging up a bit ,I need lot of similar trades to master this
Attached Image (click to enlarge)
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Make your own rules and stick to it.
  • #2,569
  • Feb 2, 2023 9:41am Feb 2, 2023 9:41am
josh1111,
Samuels & Co used 1 to 30 Leverage and I made the Challenge, you can do it....
cpfleger
  • #2,570
  • Feb 2, 2023 9:43am Feb 2, 2023 9:43am
charli86,
You need to take a break my man....
cpfleger
  • #2,571
  • Feb 2, 2023 9:48am Feb 2, 2023 9:48am
London closes in 15 minutes and then a massive reduction in Volume, everyday event.
  • #2,572
  • Feb 2, 2023 9:54am Feb 2, 2023 9:54am
Quoting cpfleger
Seabreeze, another satisfied Trader in the making. cpfleger
Yes as you say this is fun, Think I will call it a day.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,573
  • Feb 2, 2023 9:55am Feb 2, 2023 9:55am
Over 1500 usd net profit before London closes, offline now until 8pm, enjoy the day...
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  • #2,574
  • Feb 2, 2023 12:26pm Feb 2, 2023 12:26pm
Noticed the oil setting up so decided fill my boots. Not the cleanest trade and could have added on to the first position and was plenty more in the tank after closing.
time to rest now.
Attached Image (click to enlarge)
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Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,575
  • Feb 2, 2023 12:43pm Feb 2, 2023 12:43pm
Hey,

I would like to get your suggestion. I'm trading on mobile. I can't have HA and RSI with MA on it. What can I use as trade trigger when price is around R or S?

Thank you and many many pips.
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  • #2,576
  • Feb 2, 2023 1:08pm Feb 2, 2023 1:08pm
Quoting cpfleger
josh1111, Samuels & Co used 1 to 30 Leverage and I made the Challenge, you can do it.... cpfleger
Nice!
Appreciate the positivity.
Looking forward to a Fun and Profitable year!
  • #2,577
  • Feb 2, 2023 1:48pm Feb 2, 2023 1:48pm
Good luck with the challenge josh1111
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,578
  • Feb 2, 2023 2:37pm Feb 2, 2023 2:37pm
josh1111,
this may or may not help, but here is a company that helps Trader win Hedge Fund Challenges.
cpfleger
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  • #2,579
  • Feb 2, 2023 2:58pm Feb 2, 2023 2:58pm
Quoting cpfleger
Pre setup... {image}
Hi Cpfleger,

Question about this setup that you posted earlier.

Why didn't you take the buy after the green candle closed above the 6 LMMA line? It look like every thing lined up to take the buy?
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  • #2,580
  • Feb 2, 2023 3:33pm Feb 2, 2023 3:33pm
Hi cofleger
Please, what setting of the zigzag gives you the pip count below the supdem and Hide HA botton.? Thanks..
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