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M1 Countertrend Scalping Strategy

  • #3,481
  • Feb 21, 2023 8:11am Feb 21, 2023 8:11am
pips
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  • #3,482
  • Feb 21, 2023 8:15am Feb 21, 2023 8:15am
Quoting charli86
{quote}but could not resist when saw entry candle what is doing ,out 4 pips, still waiting more up but not touching ema9 {image}
You nailed it charli86! I got in a bit later but looks like we both got it. Watch usdcad around 1.3515 and load up on more if your risk tolerance allows.
  • #3,483
  • Feb 21, 2023 8:28am Feb 21, 2023 8:28am
Quoting erod84
{quote} You nailed it charli86! I got in a bit later but looks like we both got it. Watch usdcad around 1.3515 and load up on more if your risk tolerance allows.
Thanks Brandon and well done mate,yes ultimate lvl is there 3515 ,now I booked 8 more pips two positions closed, as this was more relaxed trade if compare to first one....
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Make your own rules and stick to it.
  • #3,484
  • Feb 21, 2023 8:31am Feb 21, 2023 8:31am
Scalping is FUN...
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  • #3,485
  • Feb 21, 2023 8:36am Feb 21, 2023 8:36am
if gold reach 1850 fast good , but long distance to reach fast...Anyway,monitoring ....
Make your own rules and stick to it.
  • #3,486
  • Feb 21, 2023 8:39am Feb 21, 2023 8:39am
Quoting charli86
if gold reach 1850 fast good , but long distance to reach fast...Anyway,monitoring ....
Good analysis! exactly where i would look if i traded gold. 1850/1851
  • #3,487
  • Feb 21, 2023 8:40am Feb 21, 2023 8:40am
Quoting erod84
I banked on usdcad loaded up on 1.3502 small and cautiously as 1.3515 had the bigger fish and is 50% of the order block however still banked $1500 this morning. Again you'll see it's about confluence and patience for me! cpfleger template made me pull the trigger based on analysis. {image} {image} {image}
erod84
i scalp folowing cpfleger's strategy. May be i'm stupid but i don't understand your strategy. Can you explain a litle bit more please
Chris
  • #3,488
  • Feb 21, 2023 8:44am Feb 21, 2023 8:44am
Quoting erod84
{quote} Good analysis! exactly where i would look if i traded gold. 1850/1851
We'll see, depends how price behave and how fast price reach there ,if all align we shoot at it ....
Make your own rules and stick to it.
  • #3,489
  • Feb 21, 2023 8:50am Feb 21, 2023 8:50am
guys, expecting reaction on eurchf 989 lvl, may be now but for me safer if goes there soon...
Make your own rules and stick to it.
  • #3,490
  • Feb 21, 2023 8:54am Feb 21, 2023 8:54am
Quoting charli86
guys, expecting reaction on eurchf 989 lvl, may be now but for me safer if goes there soon...
even now for targeting 98755 not so bad...
Make your own rules and stick to it.
  • #3,491
  • Feb 21, 2023 9:00am Feb 21, 2023 9:00am
65 Pips on the 4 Hour TF...
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  • #3,492
  • Feb 21, 2023 9:01am Feb 21, 2023 9:01am
Quoting charli86
{quote}even now for targeting 98755 not so bad...
and tp reached
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Make your own rules and stick to it.
  • #3,493
  • Feb 21, 2023 9:30am Feb 21, 2023 9:30am
Hope someone besides me banked good on usdcad. The levels work.
  • #3,494
  • Feb 21, 2023 9:32am Feb 21, 2023 9:32am
Hit 95 Pips my man...
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  • #3,495
  • Feb 21, 2023 9:34am Feb 21, 2023 9:34am
Quoting erod84
Hope someone besides me banked good on usdcad. The levels work.
little
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  • #3,496
  • Feb 21, 2023 9:35am Feb 21, 2023 9:35am
Quoting Elsaloon
{quote} erod84 i scalp folowing cpfleger's strategy. May be i'm stupid but i don't understand your strategy. Can you explain a litle bit more please Chris
I also trade following cpflegers strategy, however if you check my earlier posts I combine SMC & even use RSI 14 divergence (not required) to further filter my trades. Doing so gives me practically zero drawdown and a 99.999% win rate taking 5 pips on each trade batch. Yes, I can easily get more but i'm not greedy either. You only need 5-10 pips to make a living daily.
  • #3,497
  • Feb 21, 2023 9:36am Feb 21, 2023 9:36am
watching AU
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  • #3,498
  • Feb 21, 2023 9:38am Feb 21, 2023 9:38am
Quoting cpfleger
Hit 95 Pips my man... {image}
Nice cpfleger! you can easily ride down usdcad to 1.3460ish if you want, but again I take my gains and go.
  • #3,499
  • Feb 21, 2023 9:47am Feb 21, 2023 9:47am
Quoting josh1111
watching AU {image}
yup
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  • #3,500
  • Feb 21, 2023 9:49am Feb 21, 2023 9:49am
Quoting erod84
{quote} I also trade following cpflegers strategy, however if you check my earlier posts I combine SMC & even use RSI 14 divergence (not required) to further filter my trades. Doing so gives me practically zero drawdown and a 99.999% win rate taking 5 pips on each trade batch. Yes, I can easily get more but i'm not greedy either. You only need 5-10 pips to make a living daily.
How is your funded account going?
I am currently doing a Funded Eval for $200K as well.
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