M1 Countertrend Scalping Strategy

Quoting Abade

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{quote} Nobody here is claiming this to be a "holy grail", calling themselves "gurus", deleting comments or hiding information from other traders. If you read a bit you will notice that trading reports include losing trades (as expected), and that we openly discussed how the original author blew one of his accounts during a live session. Everything is open, free and publicly available, but you have to read, test and reach your own conclusions. Don't expect other traders to babysit and spoon-feed you to a successful trading career, this includes...

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Quoting John4y

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Hi all, reading through the thread I noticed on page 1: "NOTE: What is a "good enough" distance is defined by your own discretion and depends in the current market conditions (volatility and structure)." which brings me to a simple Indicator I made up some time ago, to give me an indication of best moments entering and leaving market positions. I'll post it here, so someone might take advantage of this {file}

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Quoting Seabreeze

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{quote} Click the paperclip at the top of the page or read the thread. let me know when your hungry I will come and make you a sandwich.

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Quoting Abade

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{quote} and that we openly discussed how the original author blew one of his accounts during a live session,,, Any serious trader here knows that cost averaging is risky, and also understands the importance of doing their own backtesting and following sensible money management rules. Discussing, disapproving and judging trading ideas is allowed...

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Quoting hoaivicao

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{quote} Hi Seabreeze, I already tried to find it but cannot, that why i am asking. I only have this volume as image attachment Sorry if it disturb you {image}

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Quoting Seabreeze

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{quote} Do you mean this one {file}

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Quoting niks

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{quote} new traders have no chance of being protected if after reading Abade's repeated warnings they still go off and try the KoF strategy or blindly follow any other strategy - that is obvious, they don't need anybody to protect them, that claim is ludicrous if somebody is truly achieving the performance they claim, do you really think they would not show it off in a TE? why even bother asking for it - reach your own conclusions... and unless you show the post where this system is claimed as a holy grail or anybody in here as a guru of the KoF...

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Quoting Abade

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{quote} He never followed up this one: https://www.youtube.com/watch?v=Eiz-xiw3PU8 Countering a Friday NFP = Bad idea in my book. Does it mean the strategy is worthless? Not at all... Just avoid trading anomalous situations (intraday gaps/price shocks, in this case). Price started to range after the "woops" moment.

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Quoting cpfleger

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Over 15 hours of Drawdown means alot of patience.... {image}

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