M1 Countertrend Scalping Strategy | Page 131 | Forex Factory

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M1 Countertrend Scalping Strategy

  • #2,601
  • Feb 3, 2023 12:36am Feb 3, 2023 12:36am
Morning all 0630 here in the UK

Just got up rubbed my eyes turned on the terminal on the way to the bathroom and notice AUDJPY setting up so thought it would be rude not too. maybe not the cleanest of trades but all trades are being logged to analyse later.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy-m1.png Size: 15 KB
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,602
  • Feb 3, 2023 12:42am Feb 3, 2023 12:42am
Eagle-eye,
I guess you have not read all of the posts within this Forum, never trade off a Telephone....
cpfleger
  • #2,603
  • Feb 3, 2023 1:01am Feb 3, 2023 1:01am
Morning all,gbpcad not perfect set up right now, maybe a trap for bigger movement up, but good chances for hard drop, anyway I'll skip as not fit my style 100%. Seabreeze,nice trade.
Make your own rules and stick to it.
  • #2,604
  • Feb 3, 2023 1:02am Feb 3, 2023 1:02am
Quoting cpfleger
Chucun, See screenprint. cpfleger {image}
Thanks for the candle formation screen cpleger
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,605
  • Feb 3, 2023 1:18am Feb 3, 2023 1:18am
Quoting cpfleger
Eagle-eye, I guess you have not read all of the posts within this Forum, never trade off a Telephone.... cpfleger
Read everthing to page 73 and still reading. I was asking for suggestion and advice.
  • #2,606
  • Feb 3, 2023 1:21am Feb 3, 2023 1:21am
Eagle-Eye,
But we do not have any advice because we do not trade off a Telephone... simple really, seek another Forum.
cpfleger
  • #2,607
  • Feb 3, 2023 1:23am Feb 3, 2023 1:23am
Gold trade whilst enjoying my toast
Attached Image (click to enlarge)
Click to Enlarge Name: xauusd-m1-4.png Size: 16 KB
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,608
  • Feb 3, 2023 1:36am Feb 3, 2023 1:36am
Seabreeze,
Soon you shall be seeking a NVQ Certificate in Trading... arhhhhhhh
cpfleger
  • #2,609
  • Feb 3, 2023 1:37am Feb 3, 2023 1:37am
Quoting charli86
Morning all,gbpcad not perfect set up right now, maybe a trap for bigger movement up, but good chances for hard drop, anyway I'll skip as not fit my style 100%. Seabreeze,nice trade.
sometime only one or two candles make difference for making decisions.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 1.png Size: 54 KB
Click to Enlarge Name: 2.png Size: 55 KB
Make your own rules and stick to it.
  • #2,610
  • Feb 3, 2023 1:46am Feb 3, 2023 1:46am
chatli86,
see screenprint.
cpfleger
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 142 KB
  • #2,611
  • Feb 3, 2023 1:49am Feb 3, 2023 1:49am
Quoting cpfleger
Seabreeze, Soon you shall be seeking a NVQ Certificate in Trading... arhhhhhhh cpfleger
lol would be an honor coming from NASA.
Enjoying this but I am on a week off from my business at the moment but will try to adapt this to higher time frame or can trade early before work.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,612
  • Feb 3, 2023 1:49am Feb 3, 2023 1:49am
Quoting Eagle-Eye
{quote} Read everthing to page 73 and still reading. I was asking for suggestion and advice.
yes of course, everyone has different situation, using mobile to monitor and close trades is perfectly reasonable, and always be safe and set SL's and TP's if placing orders off the mobile

for the apple mobile webtrader, it is not possible, there is no subwindow, for the android, it is easy to add MA to RSI and anything else all in the same subwindow same as mt5 terminal, but you cannot add HA candle, you will need to use candles and price action or line chart instead
every minute matters!
  • #2,613
  • Feb 3, 2023 1:53am Feb 3, 2023 1:53am
Quoting cpfleger
chatli86, see screenprint. cpfleger {image}
cpfleger,thanks,exactlly the time when I made the post,i saw all the condition that you write on the ss,but only 10 minutes before that price did not made setup that I was looking for ,only 2 minutes of aggressive move down was not enough for me.
Make your own rules and stick to it.
  • #2,614
  • Feb 3, 2023 2:31am Feb 3, 2023 2:31am
Hit 500 usd net profit, seeking more...
Attached Image (click to enlarge)
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  • #2,615
  • Feb 3, 2023 3:28am Feb 3, 2023 3:28am
ej very interesting
Make your own rules and stick to it.
  • #2,616
  • Feb 3, 2023 3:57am Feb 3, 2023 3:57am
Agree
Attached Image (click to enlarge)
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  • #2,617
  • Feb 3, 2023 4:03am Feb 3, 2023 4:03am
Getting close to 700 usd net profit and today is NFP, so I am going to make a stretched Target of 1k before 11 am EST...
Attached Image (click to enlarge)
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  • #2,618
  • Feb 3, 2023 4:50am Feb 3, 2023 4:50am
Quoting cpfleger
Getting close to 700 usd net profit and today is NFP, so I am going to make a stretched Target of 1k before 11 am EST... {image}
are you holding positions for multiple days? also, are you holding positions on multiple pairs at the same time on the same account?

good luck with your trades during the NFP!
every minute matters!
  • #2,619
  • Feb 3, 2023 5:33am Feb 3, 2023 5:33am
Quoting Darwati
1 Pair, 1TF, 1 Technique
only a matter of time, that your knife will be very sharp and you are very good at using it
What needs to be considered is to be loyal to the values that you have been using for a long time to be able to generate a lot of Pips, you should be able to use the Follow Trend and CounterTrend Strategies at the same time
you have an interesting and sensible trading philosophy...

can you share insights on your risk management plan using the examples you have posted?

i have been trying to find a way into trend trades and you have opened my eyes to an approach i can work with, the practice i have been doing with it so far has been positive
every minute matters!
  • #2,620
  • Feb 3, 2023 6:07am Feb 3, 2023 6:07am
Just been for a lovely walk down the river with the dogs. This trade set itself up but think I was a little early getting in, but everything ok in the end.
waiting now as NFP round the corner.
Attached Image (click to enlarge)
Click to Enlarge Name: audjpy-m1-2.png Size: 17 KB
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
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