As planned...
Attached Image (click to enlarge)
M1 Countertrend Scalping Strategy
- #3,437
- Feb 20, 2023 10:14am Feb 20, 2023 10:14am
{quote} It's a learning experience.. think of the 1 Hour chart as the bigger picture. Mark it up with levels & set alarms on the levels to alert you it's approaching, and use as confluence for the 1/5M chart on cpfleger template. Charli86 is doing a great job. Verify the signal on 1/5M using cpfleger template and orders away if the signal aligns, do this and I promise you'll never have floating DD. I'm in and out of trades in profit typically within 5-15 mins tops. It's up to you totally to apply this or not, but if you do! watch the profitability...
Make your own rules and stick to it.
- #3,438
- Feb 20, 2023 10:18am Feb 20, 2023 10:18am
{quote}Thanks,Brandon,seems everything is important ,Cpfleger approach,rsi,lvls ,even how strong or aggressive price approaching those poi I found to be important...Very dynamic ,is in it
A tip on poi also.. the faster it enters the level more relevant it is don’t be intimidated if it aggressively enters the zone! I prefer those and load up bigger. It means the orders stacked are huge and watch for a counter move trapping the limits in that zone.
