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M1 Countertrend Scalping Strategy

  • #3,921
  • Mar 2, 2023 6:44pm Mar 2, 2023 6:44pm
Quoting Elsaloon
{quote} Thanks a lot for tour answer
Elsaloon,i forgot to say what help me a bit personally to identify “forces “ behind price , it is also channel of ema 8 hi/lo/ and lsma with these settings that i described in the post https://www.forexfactory.com/thread/...5#post14308225
visually it is perfect for me,ema 9 touching lsma and making big fat line is a good sign in my eyes, also ema8 channel help to see where is the price at the moment (outside, inside, how long outside/ inside )
and also, i may take a look on M1 with settings of qqe and ema in subwindow,described here https://www.forexfactory.com/thread/...4#post14323584 (can give me a boost that price will soon reach ema 9 ;5 min tf, or M1 tf approximately ema 50).
I am on my phone right now, but all these things so nicely fit my decisions that i am not touching it anymore :-). Anyway, for some trader this is nothing ,and can not see the edge there, but for me fits excellent.
Make your own rules and stick to it.
  • #3,922
  • Mar 2, 2023 10:19pm Mar 2, 2023 10:19pm
1 hour level drilled down to 15m POI...
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  • #3,923
  • Mar 3, 2023 1:11am Mar 3, 2023 1:11am
Quoting Danielesse87
{quote} As others have already told you and as erod84 explained several times along the thread, go to H1/H4 and put a rectangle on an important price turning points (where the price changed direction strongly/long candles/long series of candles of the same color). Then go down to 15M or 5M and refine these areas. Sit comfortably in your chair and wait for the price to find your area. It can do it impulsively/fast or it can do it more slowly. When it is the first case, usually the price has moved far away from the EMAs and this is an advantage and...
First case. Price reaches our area of interest impulsively, moves away from the EMAS, goes back down steeply
Test pre-London Open.
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1H view
I was particularly confident about this because that area had never been tested
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Elsaloon I hope this helps you and others
  • #3,924
  • Mar 3, 2023 1:19am Mar 3, 2023 1:19am
Follow on from POI...

Nice trading Danielesse
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  • #3,925
  • Mar 3, 2023 1:39am Mar 3, 2023 1:39am
[quote=Danielesse87;14345761]{quote} First case. Price reaches our area of interest impulsively, moves away from the EMAS, goes back down steeply Test pre-London Open. {image} 1H view I was particularly confident about this because that area had never been tested {image} Elsaloon I hope this helps you and others[/quote

Thanks you
  • #3,926
  • Mar 3, 2023 1:43am Mar 3, 2023 1:43am
I would like to ask for help. I can't close trades in the Demo and I can't change the set TP either. It says the market is closed (GBP/USD). Thanks for the help
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  • #3,927
  • Mar 3, 2023 2:04am Mar 3, 2023 2:04am
do you guys "feel" the force behind ej right now, just look, waiting waiting
Make your own rules and stick to it.
  • #3,928
  • Mar 3, 2023 2:16am Mar 3, 2023 2:16am
Quoting charli86
do you guys "feel" the force behind ej right now, just look, waiting waiting
out for couple of pips....
Make your own rules and stick to it.
  • #3,929
  • Mar 3, 2023 2:20am Mar 3, 2023 2:20am
Quoting charli86
{quote}out for couple of pips....
Here I am
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  • #3,930
  • Mar 3, 2023 2:21am Mar 3, 2023 2:21am
Quoting charli86
{quote}out for couple of pips....
did you enter on 1 min tf charli ? was a nice little trade taking out the hourly lows
  • #3,931
  • Mar 3, 2023 2:26am Mar 3, 2023 2:26am
UJ trying to turn...
  • #3,932
  • Mar 3, 2023 2:30am Mar 3, 2023 2:30am
almost done for today

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  • #3,933
  • Mar 3, 2023 2:34am Mar 3, 2023 2:34am
Quoting HitTheBid
{quote} did you enter on 1 min tf charli ? was a nice little trade taking out the hourly lows
end of 5 min candle my friend,as not time to prepare to much as I woke up very late today...Was in dd a bit ,but ss will show why, and all the little things that I am looking for,how price behave number one .Yes ,you are right ,should make my homework first
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Make your own rules and stick to it.
  • #3,934
  • Mar 3, 2023 2:40am Mar 3, 2023 2:40am
Just a reminder ,for Monday and Tuesday price behave a bit diferent,not different different ,just more or less aggressive ,at least for me ,as I am really looking for long time now, i mean, can happen that go more aggressively and reaching another poi,from mid of the week somehow it is more "calm" ,I do not know, maybe this is just subjective "feel" of the price....
Make your own rules and stick to it.
  • #3,935
  • Mar 3, 2023 2:41am Mar 3, 2023 2:41am
Quoting Danielesse87
{quote} Here I am {image}
Nice trading You must be following and marking up levels / POI's on quite a few pairs.
  • #3,936
  • Mar 3, 2023 2:42am Mar 3, 2023 2:42am
Quoting Danielesse87
almost done for today {image}
Hi Daniele,this was perfect,i I am still waiting to go more down
Make your own rules and stick to it.
  • #3,937
  • Mar 3, 2023 2:49am Mar 3, 2023 2:49am
Quoting charli86
{quote}end of 5 min candle my friend,as not time to prepare to much as I woke up very late today...Was in dd a bit ,but ss will show why, and all the little things that I am looking for,how price behave number one .Yes ,you are right ,should make my homework first {image} {image}
nice trade all the same
  • #3,938
  • Mar 3, 2023 2:49am Mar 3, 2023 2:49am
and that's +29 pips in 1.5 hours of trading. I'm having fun now.

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  • #3,939
  • Mar 3, 2023 2:54am Mar 3, 2023 2:54am
chfjpy ,why I think first poi is 145.590, and then maybe more up, if pa allow,as probablly in this time high will be broken, we'll see...
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Make your own rules and stick to it.
  • #3,940
  • Mar 3, 2023 2:55am Mar 3, 2023 2:55am
Quoting HitTheBid
{quote} Nice trading You must be following and marking up levels / POI's on quite a few pairs.
Thanks. I'm doing. I have all pairs with narrow spreads on my platform. When I see interesting points, I put a rectangle there, as Maestro Erod taught me
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