M1 Countertrend Scalping Strategy | Page 155 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD

Similar Threads

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

strategy builder/tester for new scalping strategy 1 reply

1M & 5M Scalping System (Scalping Paradise) 21 replies

Reversals vs. CounterTrend Trade 28 replies

CounterTrend Trading 58 replies

Attachments: M1 Countertrend Scalping Strategy
Exit Attachments

M1 Countertrend Scalping Strategy

  • #3,081
  • Feb 10, 2023 9:04am Feb 10, 2023 9:04am
Mt Setup,

Nice trade....

cpfleger
  • #3,082
  • Feb 10, 2023 9:26am Feb 10, 2023 9:26am
kasrafx,
Same advice as earlier.
Firstly, have you watched any of KoF Video's on YouTube ?
Secondly, have you read the entire Forum here ?
Thirdly, this is your first post here, so I assume you have not understood the theory of countertrending....
Please do the above tasks over the weekend and we shall continue Monday.
cpfleger
  • #3,083
  • Feb 10, 2023 9:38am Feb 10, 2023 9:38am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 76 KB
  • #3,084
  • Feb 10, 2023 9:41am Feb 10, 2023 9:41am
early
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 81 KB
  • #3,085
  • Feb 10, 2023 9:49am Feb 10, 2023 9:49am
JIT - Just In Time

Mr Setup.
  • #3,086
  • Feb 10, 2023 9:50am Feb 10, 2023 9:50am
BE on this one
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 75 KB
  • #3,087
  • Feb 10, 2023 9:55am Feb 10, 2023 9:55am
I am working on closing all trades. Feels like Friday weird crap behavior is already starting.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 76 KB
Click to Enlarge Name: screenshot.png Size: 78 KB
  • #3,088
  • Feb 10, 2023 10:10am Feb 10, 2023 10:10am
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 77 KB
  • #3,089
  • Feb 10, 2023 10:24am Feb 10, 2023 10:24am
Hopefully some of you caught some of that EJ
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 77 KB
  • #3,090
  • Feb 10, 2023 11:10am Feb 10, 2023 11:10am
closed out of USDCAD for the day
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 82 KB
  • #3,091
  • Feb 10, 2023 11:51am Feb 10, 2023 11:51am
josh1111,
It's a Friday for sure, road traffic accident a few miles away knocked out the electricity 3 times today, chaos theory...
Have a great weekend.
cpfleger
  • #3,092
  • Feb 10, 2023 12:20pm Feb 10, 2023 12:20pm
Quoting josh1111
closed out of USDCAD for the day {image}
Well done josh1111
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #3,093
  • Feb 10, 2023 12:27pm Feb 10, 2023 12:27pm
Quoting cpfleger
josh1111, It's a Friday for sure, road traffic accident a few miles away knocked out the electricity 3 times today, chaos theory... Have a great weekend. cpfleger
Thanks!
Have a sweet weekend and watch out for those butterflies.
  • #3,094
  • Feb 10, 2023 12:28pm Feb 10, 2023 12:28pm
Quoting Seabreeze
{quote} Well done josh1111
Thanks still working on getting out of CADCHF, just doubled lot size to real in BE.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 94 KB
  • #3,095
  • Feb 10, 2023 1:56pm Feb 10, 2023 1:56pm
Still stuck deep in the rabbit hole.
Might not be able to abide by my rule of exiting before the weekend we will see might have to start hedging all of it soon.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 89 KB
  • #3,096
  • Feb 10, 2023 4:02pm Feb 10, 2023 4:02pm
Stuck for the weekend even though price hit TP's multiple times it was too fast a movement for the orders to be filled.
Have a nice weekend everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 88 KB
  • #3,097
  • Feb 10, 2023 6:44pm Feb 10, 2023 6:44pm
Is this thread open to alternative ways to trading with this methodology?
  • #3,098
  • Feb 10, 2023 9:54pm Feb 10, 2023 9:54pm
Quoting renatovpig
{quote} 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...
that is an EXCELLENT rationale renatovpig - if you have access to a simulator, you could fast forward the process significantly to discover for yourself the optimal margin lot and leverage for the pairs you are trading to recover runaway trades and incorporate it into YOUR risk management plan - good luck!
every minute matters!
  • #3,099
  • Feb 11, 2023 1:07am Feb 11, 2023 1:07am
running the sim is always enlightening - due to the difference in the way TP's and SL's are set, it was difficult keeping up with the target on this one, each time it was moved, it would just miss it, to the point where i had to bail with a small loss!

avoiding a drawdown and lost time waiting for recovery requires intense situational awareness

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 9 KB
every minute matters!
  • #3,100
  • Feb 11, 2023 8:15am Feb 11, 2023 8:15am
Cheese on toast, cup of tea and collecting Saturday coins.
Attached Image (click to enlarge)
Click to Enlarge Name: Bitcoin.png Size: 24 KB
Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
28 traders viewing now