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M1 Countertrend Scalping Strategy

  • #4,381
  • Mar 19, 2023 8:48am Mar 19, 2023 8:48am
Quoting cpfleger
Another successful trading day - 6000 Points plus. cpfleger {image}
Very nice cpfledger well done

Just a little trade in between mothers day celebrations.
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Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #4,382
  • Mar 19, 2023 9:12am Mar 19, 2023 9:12am
Quoting Chucun
{quote} Hi Tuatuanlq, Per your request, attached is the supply and demand, support resistance indicator. Keep the parameters as is. You can enable alerts if you like. {file}
thank you very much. Did you use the default settings or did you customize anything?
  • #4,383
  • Mar 19, 2023 10:42am Mar 19, 2023 10:42am
Quoting Tuatuanlq
{quote} thank you very much. Did you use the default settings or did you customize anything?
Yes, default settings.
  • #4,384
  • Mar 19, 2023 11:17am Mar 19, 2023 11:17am
That's me done for today. Cut last trade short as I didn't like the way price was behaving.

So that is over 6000 points today and over 11000 points over the weekend.

Thanks cpfleger I take my hat off to you sir.

Thank you Abade for starting this thread and thank you to all that has contributed.

Time to have some family time.
Attached Image (click to enlarge)
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Thank You James16, Fijitrader, Mbqb1, ghous, Pinbar and Jarroo. cpfleger
  • #4,385
  • Mar 19, 2023 12:19pm Mar 19, 2023 12:19pm
Quoting cpfleger
samsha786, EMS V5 Tro Notes is behind the One Click Window, if its not there then it should be if you deleted the V4 Files before uploading V5 Files. cpfleger
Thanks! It is behind OneClick... but

  1. myNote01 = "EMS V5" and
  2. myNote(02 - 10) is empty

  • #4,386
  • Mar 19, 2023 2:11pm Mar 19, 2023 2:11pm
samsha786,
Correct, no additional Notes.
cpfleger
  • #4,387
  • Mar 19, 2023 5:07pm Mar 19, 2023 5:07pm
Collecting more coins on a Sunday night....
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  • #4,388
  • Mar 19, 2023 5:20pm Mar 19, 2023 5:20pm
Gold nuggets now....
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  • #4,389
  • Mar 19, 2023 5:43pm Mar 19, 2023 5:43pm
Some nuggets to my collection...
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  • #4,390
  • Mar 19, 2023 5:45pm Mar 19, 2023 5:45pm
Pre setup...
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  • #4,391
  • Mar 19, 2023 6:04pm Mar 19, 2023 6:04pm
More Pips for my collection...
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  • #4,392
  • Mar 19, 2023 6:32pm Mar 19, 2023 6:32pm
Gold nuggets are plentiful on a Sunday night...
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  • #4,393
  • Mar 19, 2023 6:55pm Mar 19, 2023 6:55pm
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  • #4,394
  • Mar 19, 2023 7:01pm Mar 19, 2023 7:01pm
AJ
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  • #4,395
  • Mar 19, 2023 7:11pm Mar 19, 2023 7:11pm
Excellent Josh
  • #4,396
  • Mar 19, 2023 7:14pm Mar 19, 2023 7:14pm
Quoting josh1111
AJ {image}
Pulled out early, it felt weak.
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  • #4,397
  • Mar 19, 2023 7:17pm Mar 19, 2023 7:17pm
Agreed by viewing the RSI...
  • #4,398
  • Mar 19, 2023 7:38pm Mar 19, 2023 7:38pm
Quoting cpfleger
Agreed by viewing the RSI...
Thanks it ended up being the right call.
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  • #4,399
  • Mar 19, 2023 7:43pm Mar 19, 2023 7:43pm
Last trade of the night - mmmmm gold nuggets to go please...
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  • #4,400
  • Mar 19, 2023 10:41pm Mar 19, 2023 10:41pm
I love this trade on UJ. It was at a demand zone, there was another level slightly below it. I decided to take the first trade and if it goes below and tap into the lower demand area it will eventually retrace to the 200. I exited a bit earlier because it his the upper zone with momentum. I had a few small loses earlier because I was trying to catch the trend. But these are the type of countertrend trades I like; when they are at levels of the market.
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