veni vidi vici
M1 Countertrend Scalping Strategy
- #3,149
- Feb 13, 2023 4:25am Feb 13, 2023 4:25am
- Joined Oct 2022 | Status: frog in shell totally active | 1,179 Posts
Gentlemen, maybe you can consider the cpfleger/Abade technique in a different way
I combine it with the trend, open orders only if in the direction of the trend,
and close all on HH / LL then wait for the next cycle
I combine it with the trend, open orders only if in the direction of the trend,
and close all on HH / LL then wait for the next cycle
- #3,154
- Feb 13, 2023 7:25am Feb 13, 2023 7:25am
- Joined Dec 2022 | Status: Trader | 3,228 Posts
short term drawdown management
an incorrect read of PA led to an unexpected reversal against my position
used cost averaging up to the first stall then monitored PA closely, missed the peak because the gap wasn't large enough
after bouncing around a bit, conditions looked favourable for a profit, so TP's were adjusted accordingly 
which resulted in a decent profit
an incorrect read of PA led to an unexpected reversal against my position
used cost averaging up to the first stall then monitored PA closely, missed the peak because the gap wasn't large enough
after bouncing around a bit, conditions looked favourable for a profit, so TP's were adjusted accordingly
which resulted in a decent profit
every minute matters!
- #3,155
- Feb 13, 2023 8:01am Feb 13, 2023 8:01am
ej 92300 and 92800 to be monitored if reversal not start now for bigger tf,as strong 4h ,if price reach that lvl without touching ema9 can be good opportunity targeting ema9 4h tf,if someone wants to consider, and for me later maybe even tomorrow 
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Make your own rules and stick to it.
- #3,159
- Feb 13, 2023 9:22am Feb 13, 2023 9:22am
ej 92300 and 92800 to be monitored if reversal not start now for bigger tf,as strong 4h ,if price reach that lvl without touching ema9 can be good opportunity targeting ema9 4h tf,if someone wants to consider, and for me later maybe even tomorrow
Make your own rules and stick to it.
