M1 Countertrend Scalping Strategy

Quoting charli86

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eu may give good setup

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Quoting charli86

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{quote}as well 4h tf reach ema 20 so can wait for some rejection...

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Quoting Darwati

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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 {image}{image}{image}

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Quoting cpfleger

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josh1111, Did you dig your way out ? cpfleger

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Quoting josh1111

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{quote} Not yet buddy. Probably won't have an opportunity until the London Session get rolling. {image}

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Quoting lpp

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{quote} Certainly no criticism from me but a great wake up to those who have ears. I'm certainly going to pay more attention to marking up each new trading day chart. Ahhh preparation... I wish I could say I've never tried the Hail Mary big lot get out of jail late in the session but No! Thank you josh1111 for posting the good the bad and the just plain ugly. Cheers lpp {image}

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Quoting josh1111

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No Margin can't hedge I would say this one is gone. Completely up to the market. I cut the hedges short thinking it was a reversal without enough confirmations. {image}

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Quoting Abade

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{quote} My friend, nobody has provided any long-term evidence of the trend-following approach yet (A.K.A the 1% or full EMA strategy), only a few isolated examples. I am afraid that getting good performance this way is not as easy as it sounds. The main problem of trend-following is getting exposed to a lot of violent reversals and false signals that only get worse when including cost averaging and/or scaling-in. In my opinion it needs a whole different level of analysis and risk management to work consistently (i.e A fully mechanical, adaptative,...

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Quoting lpp

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{quote} Sounds very much like revenge trading to me. I suggest close them all now even if they eventually go into profit. Reason being look at the draw down that's not trading that's well you know. If they profit you will think every things OK I'm doing great just have to wait it out.Patience is selecting trades not riding out poor decisions and praying. No margin compounds because of the good trades you/I could have taken. I found out the hard way I love to trade M1 charts but a look at an M5 will bring most things into perspective. Don't zoom...

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Quoting Darwati

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{quote} I'm not talking about the 1% Club I'm talking about your technique, combine with trend but used all skills - experience in managing all objects and subjects on MT4 These are trading results since the opening of the Asian session until now, less than 2 hours , more than 4000 Pips {image}{image}

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Quoting Abade

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{quote} Nice trades! I was talking about the 1% strategy from KoF (trend-following) not the 1% club (adding a bit of context): https://www.youtube.com/watch?v=BA5sLXIBY2Q Feel free to share the results with the trend-following approach, I am interested. Best Regards!

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Quoting cpfleger

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josh1111, Food For Thought. Trade NY Session only No overnight trades. No after 11am Friday trades cpfleger

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