M1 Countertrend Scalping Strategy

Quoting javipenjamo

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{quote}friend see if that's how you want it {file}

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Quoting charli86

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nzdchf 58100 poi 1

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Quoting erod84

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GBP/JPY major supply order block hit.. what could you do with this information KNOWING (A weather forecast) to expect sells in this area? I've been watching this area for days and got an alert on it. Do you see the power of this gents? look how it didn't even enter the zone! just barely touched it and sunk 100 pips. Further confluence is the RSI 14 on the 15 minute chart look how it's diverging from price.. again don't fully trade based on this but rather use it to further validate your WHY. {image} {image}

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Quoting erod84

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{quote} Danielesse87 you need more practice and confidence in your trading.. use your eyes and tell yourself what they see? Zoooooom out on your charts on the 1/4 hour time frame. Look for sharp declines and inclines of price, put a rectangle on it. Go down to the 15 min chart and further refine your zone. Put an alert on it (tradingview) where it'll pop up on your phone.. and WATCH! patience is everything in trading if you don't have it consistent profitability won't be found in your future. If you see sharp reactions, GREAT! check cpfleger template...

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Quoting charli86

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{quote}Hi Danielle,but what do you think to make more poi ,say 2 or 3 even 4 ,and open positions as price approach those poi with right mm, also check video on the first page and how kof menage to deal with taff trends, only need to have right exit, even in loss as well....If I exited on ema 9 today I would be around 20 pips in loss, and I waited more , exited on ema 20 with less loss...I remember some time ago without looking at levels' exit on ema200 or 600 on 1min tf,but with bigger dd and much more stress ...

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Quoting charli86

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gu actually if goes till 1.2160 and one before, 1.2130, we can expect good reaction there ,we'll see, again ,depends how price behave

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Quoting Danielesse87

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{quote} First of all thank you for your attention. I'm really inspired by your trading style and that of cpfleger. that's exactly what I do, look at H1/H4 and mark my POIs; then I go down to 5M for my entries. However, without an SL I have fears of getting trapped and not being able to figure out where and when to get out. Having an SL and a TP gives me more security because if the POI doesn't reject the price then I collect my loss and go looking for a new operation. You say you never get a drawdown, that means your inputs are very accurate. I'm...

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Quoting erod84

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{quote} danielesse87, Have you ever been trapped or fear of getting trapped? I don’t like to assume but it sounds like the latter. If so fear paralyzes and puts your subject in control versus YOU in the cockpit. Demo trade this for a while before you put money on the line.. I can guarantee if you put SMC in the mix you’ll never get trapped. In fact you’ll get so many pips, you’ll be popping. Trade around the levels you see on 1 / 4 hour timeframes and zoom in further on 15 or 5 min to refine the zone. charli86 is getting REALLY good at selecting...

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