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M1 Countertrend Scalping Strategy

  • #2,621
  • Feb 3, 2023 4:18am Feb 3, 2023 4:18am
NFP puts alot of fear inside a few retail Traders minds, but as we seen from KoF Video's, there is nothing to fear because fear is Man Made, not Market made.
  • #2,622
  • Feb 3, 2023 4:23am Feb 3, 2023 4:23am
No volume at the moment
  • #2,623
  • Feb 3, 2023 4:23am Feb 3, 2023 4:23am
A build up is happening behind the scenes....
  • #2,624
  • Feb 3, 2023 4:24am Feb 3, 2023 4:24am
Quoting cpfleger
NFP puts alot of fear inside a few retail Traders minds, but as we seen from KoF Video's, there is nothing to fear because fear is Man Made, not Market made.
cpfleger, how do you trade the news? reach for the 9 ema when the HA candle closes with a small body double wicks?
  • #2,625
  • Feb 3, 2023 4:25am Feb 3, 2023 4:25am
Pre setup....
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 527 KB
  • #2,626
  • Feb 3, 2023 4:31am Feb 3, 2023 4:31am
Quick and clean...
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 547 KB
  • #2,627
  • Feb 3, 2023 4:43am Feb 3, 2023 4:43am
cossee,
Have you watched the KoF Video about NFP ?
We just react to the price movement in a countertrend fashion...
cpfleger
  • #2,628
  • Feb 3, 2023 4:47am Feb 3, 2023 4:47am
Quoting cpfleger
NFP puts alot of fear inside a few retail Traders minds, but as we seen from KoF Video's, there is nothing to fear because fear is Man Made, not Market made.
Yes this will be an interesting time for me to see this at work during NFP.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,629
  • Feb 3, 2023 5:08am Feb 3, 2023 5:08am
NFP will spike in one direction quickly and then the opposite and this will usually happen around 10 seconds to 1 minute before it settles back down, sometimes alot longer depending on the news percentile.
  • #2,630
  • Feb 3, 2023 5:19am Feb 3, 2023 5:19am
Hit 1k before NFP, yesssss.
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 287 KB
  • #2,631
  • Feb 3, 2023 5:33am Feb 3, 2023 5:33am
Quoting cpfleger
cossee, Have you watched the KoF Video about NFP ? We just react to the price movement in a countertrend fashion... cpfleger
yes i have. does it always work?
  • #2,632
  • Feb 3, 2023 7:17am Feb 3, 2023 7:17am
Quoting cpfleger
NFP will spike in one direction quickly and then the opposite and this will usually happen around 10 seconds to 1 minute before it settles back down, sometimes alot longer depending on the news percentile.
interesting, was nice to sit back and watch the charts for future referance.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,633
  • Feb 3, 2023 7:21am Feb 3, 2023 7:21am
How many here loose account trading latest moves in eurusd?
Perfection is the enemy of good enough!
  • #2,634
  • Feb 3, 2023 7:44am Feb 3, 2023 7:44am
Done for the day....
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 699 KB
  • #2,635
  • Feb 3, 2023 7:46am Feb 3, 2023 7:46am
Even managed a few pennies for the wife too,..
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 241 KB
  • #2,636
  • Feb 3, 2023 7:47am Feb 3, 2023 7:47am
Quoting cpfleger
Done for the day.... {image}
Thanks for the inspiration and great job finding those pennies!
I am just getting started. Have a nice weekend.
  • #2,637
  • Feb 3, 2023 8:01am Feb 3, 2023 8:01am
Watching CHFJPY M5
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Click to Enlarge Name: screenshot.png Size: 75 KB
  • #2,638
  • Feb 3, 2023 9:36am Feb 3, 2023 9:36am
That will do me for a couple of days part time trading
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-02-03 .jpg Size: 91 KB
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #2,639
  • Feb 3, 2023 12:17pm Feb 3, 2023 12:17pm
Quoting cpfleger
Even managed a few pennies for the wife too,.. {image}


I've been following you for a while now and I see you post daily screenshots of the final operations, but you never post any history, even just for a few weeks, to understand if this strategy can actually be followed or if it simply depends on the trading day.
It would be nice if you could post a history of at least a few weeks so that we can better understand if the strategy can work.

The same goes for others who have been following the strategy for a while now.
  • #2,640
  • Feb 3, 2023 1:03pm Feb 3, 2023 1:03pm
Quoting Given1988
{quote} I've been following you for a while now and I see you post daily screenshots of the final operations, but you never post any history, even just for a few weeks, to understand if this strategy can actually be followed or if it simply depends on the trading day. It would be nice if you could post a history of at least a few weeks so that we can better understand if the strategy can work. The same goes for others who have been following the strategy for a while now.
cpleger has posted his daily history up here for days I've posted mine up. Its a shame that in this game people want things handed on a plate instead doing their own homework and founding out for themselves. This method is easily back tested and can be used with quality history using a simulator.
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
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