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M1 Countertrend Scalping Strategy

  • #2,681
  • Feb 4, 2023 11:44am Feb 4, 2023 11:44am
Small Pips but profit is profit.... a few more dollars and lunch will be served.
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  • #2,682
  • Feb 4, 2023 2:37pm Feb 4, 2023 2:37pm
Account still growing...
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  • #2,683
  • Feb 4, 2023 3:03pm Feb 4, 2023 3:03pm
Quoting Abade
Você pode encontrar o modelo completo do cpfleger aqui: https://www.forexfactory.com/thread/...8#post14277798Aviso/Introdução: Esta é uma estratégia muito agressiva/discrição, então não negocie com dinheiro que você não pode perder. Além disso, NÃO SOU O CRIADOR ORIGINAL DESTA ESTRATÉGIA! Eu apenas pensei que seria um experimento muito interessante para compartilhar e investigar, já que a maioria dos sistemas online prega o mantra "a tendência é sua amiga" e, na minha experiência, isso não é verdade (na maioria das vezes). O...
Abade, I am thrilled to have found this post of yours. I've been operating in the market for a few years and what I see is exactly the coherence within the market logic that I've always believed. Sorry for my English, I'm not fluent and I'm translating most of what I'm writing. I would love to be able to contact you via email or whatever you prefer as I have a lot of questions I would like to ask
  • #2,684
  • Feb 4, 2023 4:14pm Feb 4, 2023 4:14pm
Quoting Abade
You can find the full cpfleger's template here: https://www.forexfactory.com/thread/...8#post14277798 Warning/Intro: This is a very aggresive/discretional strategy, so don't trade with money that you cannot afford to lose. Also, I AM NOT THE ORIGINAL CREATOR OF THIS STRATEGY! I just thought it would make a very interesting experiment to share and look into, as most systems online preach the "trend is your friend" mantra and in my experience this is not true (most of the time). The owner of the strategy claims that it is capable...

Question for Abade and cpfleger, if you can clarify, please: Abbot, you commented in a post about using stop on sleeping is better than taking care of a losing position. However... in a context in which we are cold-blooded enough to hold the position while we sleep, given the fact that it is a 1-minute TF, and within the probability, we would have a high chance of the volatility of higher TFs returning to our losing position and making it there positive. what do you think about it? The emotional for this would be to put in mind a possible swing trade perhaps. There are several types of investment, including the one that does not use a stop, aiming at the medium/long term. And obviously we would do that with optimal margin, lot and leverage, obviously. By the way, this is a second subject that I would really like to hear from you and cpfleger. Can you talk a little about the types of management for this style of negotiation?
  • #2,685
  • Feb 4, 2023 4:15pm Feb 4, 2023 4:15pm
Quoting cpfleger
Gents, In summary, Trading Rules applied. Offline now, laters and do ask questions because its about The Process, not profits, they are the outcome of practicing and learning. cpfleger {image}
Cpfleger,
My comments are in green.
1st and second screenshots.
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  • #2,686
  • Feb 4, 2023 4:42pm Feb 4, 2023 4:42pm
Quoting cpfleger
Bazza, No sir, as I wrote it, 1 wicked candle opens on or below or above the 6 LWMA Line, thats why I said in the earlier screenshots to watch the Candle Timer, 10 seconds before the next candle opens... cpfleger
The attached indicator might be useful in timing entry.

It sits close to the candle (distance can be adjusted), so no need to look away to the timer in the corner.

Attached File(s)
File Type: mq4 Time to candle close - seconds.mq4   < 1 KB | 410 downloads
  • #2,687
  • Feb 4, 2023 4:42pm Feb 4, 2023 4:42pm
Chucun,
Chart 1 - Skipped 4 and 5 due to the Market is closed today for Forex, sorry man...

Chart 2 - Look at 5 candles earlier as the first 1 wicked candle was right on the 6 LWMA Line which is why I say - zoom in and watch 10 seconds before the next candle opens.
cpfleger
  • #2,688
  • Feb 4, 2023 4:42pm Feb 4, 2023 4:42pm
Slowly adding more profits due to slow Market....
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  • #2,689
  • Feb 4, 2023 5:56pm Feb 4, 2023 5:56pm
Slowly adding more profits due to slow Market....
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  • #2,690
  • Feb 4, 2023 6:29pm Feb 4, 2023 6:29pm
Quoting cpfleger
Chucun, Chart 1 - Skipped 4 and 5 due to the Market is closed today for Forex, sorry man... Chart 2 - Look at 5 candles earlier as the first 1 wicked candle was right on the 6 LWMA Line which is why I say - zoom in and watch 10 seconds before the next candle opens. cpfleger
Perfect!
I have a decent understanding of how you trade the market. I just need to spend some quality time with the HA candles and try feel it. I have a great feel for the normal candle sticks, but feel like the HA candles may give a better sentiment of the market in that specific timeframe.

What time zone are you in? My BTC spread is 5200 spread. Ouch.
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  • #2,691
  • Feb 4, 2023 6:46pm Feb 4, 2023 6:46pm
Chucun,
EST and spread is also 52 Pips but as I have said earlier, if you can manage Bitcoin spread all other Instruments will become easier.
cpfleger
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  • #2,692
  • Feb 4, 2023 6:47pm Feb 4, 2023 6:47pm
More profits....
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  • #2,693
  • Feb 4, 2023 7:27pm Feb 4, 2023 7:27pm
Continuation....
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  • #2,694
  • Feb 4, 2023 7:59pm Feb 4, 2023 7:59pm
Fine tuning existing indicators

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I would like to die on Mars. Just not on impact..... Elon Musk
  • #2,695
  • Feb 4, 2023 8:54pm Feb 4, 2023 8:54pm
Quoting cpfleger
Chucun, EST and spread is also 52 Pips but as I have said earlier, if you can manage Bitcoin spread all other Instruments will become easier. cpfleger {image}
P3pp3rst0ne has a fixed spread of $30 in the weekends.
  • #2,696
  • Feb 5, 2023 1:52am Feb 5, 2023 1:52am
@cpfleger - I dont quite understand your with trend trades. I can't see any clearly defined entries/exits. Can you share?

For counter trend trades, the attached example seems like it would have been a loss.

Anyone got any examples of successfully trading with a SL with this system?
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  • #2,697
  • Feb 5, 2023 3:01am Feb 5, 2023 3:01am
nmuscles,
Firstly, this is a countertrend strategy as the title states.
Secondly, you using the old template which supports the fact that you have not read the entire stream.
Thirdly, you probably have not watched any of KoF Video's either...
So until you do your part I cannot do mine.
cpfleger
  • #2,698
  • Feb 5, 2023 3:02am Feb 5, 2023 3:02am
The Market paid me alittle over the past few hours.
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  • #2,699
  • Feb 5, 2023 4:31am Feb 5, 2023 4:31am
Hey everyone,

After being sick for a week I am back for the coming week. Good to see all the people joining and having success
Did take a couple of trades but I learned a valuable lesson .. when not 100 % DO NOT TRADE

Cpfleger , thank you for all your teachings that you keep doing
veni vidi vici
  • #2,700
  • Feb 5, 2023 4:40am Feb 5, 2023 4:40am
mansan,
I am glad your back, held up the fort for you, if you think your not 100 % wait until you get old, arhhhhh.
cpfleger
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