DislikedPOI in area .88086 responded well {image} AUDUSD also responded well {image}Ignored
M1 Countertrend Scalping Strategy
- #3,763
- Feb 28, 2023 3:52am Feb 28, 2023 3:52am
{quote} i will - once i see a successful trader with a 100% record! as for fixed stop losses never working with the KoF strategy, technically its true, because it is no longer the KoF strategy if stop losses are being used, it then becomes a different strategy but i agree mate, generally in life we should never say never!!! as for whether or not to use stop losses with KoF strategy, it certainly is a personal choice, and one in which i'm still developing, however, consider the following sequence where stop losses worked both ways in firstly being...
Trading vehicle is important as you know. I definitely wouldn't like to be averaging into say a cable aussie or euro aussie trade going against me.
- #3,764
- Feb 28, 2023 3:55am Feb 28, 2023 3:55am
{quote}sure ipp,actually 4 pips loss when I calculated, but I am very very happy that I exited this way.... {image} {image}
Make your own rules and stick to it.
- #3,766
- Feb 28, 2023 4:14am Feb 28, 2023 4:14am
{quote}and now maybe massive drop reaching lvl 9940 ,but that is trading, just moving on to next opportunity
...
Make your own rules and stick to it.
- #3,768
- Feb 28, 2023 4:33am Feb 28, 2023 4:33am
- Joined Dec 2022 | Status: Trader | 3,228 Posts
{quote}and price actually hit the hight of Asia from 6 of February (99581) ,now exactlly will hit 9940 before moves up a bit again or continue massive drop all day long,yesterday London hi was a trap, but moving on
every minute matters!
- #3,769
- Feb 28, 2023 4:56am Feb 28, 2023 4:56am
{quote} you anticipated correctly, it appears it was just your patience that let you down... it is hard, but following your instincts will always be your best option until the chart proves otherwise - waiting for the test of the high would of been a better time to make a final decision about the outcome of the trade - your read of the price action is improving dramatically! and your mindset to just move on to the next trade is even better...
....Take a look of nzdjpy,3 lvls to reach, maybe good opportunity if goes there fast, I am waiting price to tell me her intention ,third level is the best if price goes there , and even one more on the top 48469
Make your own rules and stick to it.
- #3,771
- Feb 28, 2023 5:54am Feb 28, 2023 5:54am
{quote}Thank you,Niks,really thank you, seems there is so Manny things inside market, that ,sometimes ,like it is speaking to us
Make your own rules and stick to it.
