Attachments: M1 Countertrend Scalping Strategy

M1 Countertrend Scalping Strategy

#5,281
Apr 24, 2023 11:20am Apr 24, 2023 11:20am

zidro
| Joined Mar 2016 | Status: Trader | 39 Posts

Hi @cpfleger, im new on this topic im learning ,
Congratulations for the amazing dedication !

#5,282
Apr 24, 2023 11:21am Apr 24, 2023 11:21am

zidro
| Joined Mar 2016 | Status: Trader | 39 Posts

Quoting Given1988

Disliked

Hi Guys, I'd like to show you something, I started a 5k MFF challenge for testing, a week ago, the day after I started with my own technique, I came back here to the forum and decided to give the KoF technique a try... I don't know if it was luck or what, but in 1 week I passed phase 1. {image}

Ignored

HI Given, can i kidly ask you what is your aproach to the market , strategy?
Congrats for the results !

#5,283
Apr 24, 2023 11:22am Apr 24, 2023 11:22am

josh1111
| Joined Nov 2022 | Status: Trader | 792 Posts

Quoting cpfleger

Disliked

josh1111, Layering Indicators. cpfleger {image}

Ignored

Thanks for clarifying wasn't sure if you were referencing the new system or GannMA one I have been sticking to.

#5,284
Apr 24, 2023 11:23am Apr 24, 2023 11:23am

cpfleger
Joined Jul 2015 | Status: Trader | 6,592 Posts

sbongo,
See screenprint.
cpfleger

Attached Image (click to enlarge)

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#5,285
Apr 24, 2023 11:25am Apr 24, 2023 11:25am

cpfleger
Joined Jul 2015 | Status: Trader | 6,592 Posts

josh1111,
Your old system, add the CCI Indicator to the RSI Window and compare, I do this everyday and validate Indicators performance.
Especially now since the Brits are gone and currency pair volume has been drastically reduced.
cpfleger

#5,286
Apr 24, 2023 11:26am Apr 24, 2023 11:26am

cpfleger
Joined Jul 2015 | Status: Trader | 6,592 Posts

zidro,
sorry to say this but read the entire thread / post as most of the reviewers have been here for awhile.
cpfleger

#5,287
Apr 24, 2023 11:29am Apr 24, 2023 11:29am

josh1111
| Joined Nov 2022 | Status: Trader | 792 Posts

Quoting cpfleger

Disliked

josh1111, Your old system, add the CCI Indicator to the RSI Window and compare, I do this everyday and validate Indicators performance. Especially now since the Brits are gone and currency pair volume has been drastically reduced. cpfleger

Ignored

10-4
Signing off for a couple of hours until it picks up again.

#5,288
Apr 24, 2023 10:28pm Apr 24, 2023 10:28pm

sbongo
| Joined Apr 2023 | Status: Trader | 11 Posts

Thanks for the guidance cpfleger. I hope you don't find my questions annoying.
I waited for the top and bottom dots to align, and attempt to enter on the 2nd dot, with the latest directional bias(arrow) pointing up(green). But after I enter, in a few minutes, the red arrow appears. Should i exit the trade? or should i wait to see if the arrow would disappear (given that it might repaint)?

Thanks again

Attached Image (click to enlarge)

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#5,289
Apr 24, 2023 11:36pm Apr 24, 2023 11:36pm

aud
| Joined Apr 2008 | Status: Trader | 1,040 Posts

sbongo;

What settings are you using for the sars indi?

The distance between the dots and the price bars seems too big. Compare the appearance of your chart and cpfleger's chart 4 posts before yours.

Good Trading

#5,290
Apr 25, 2023 12:43am Apr 25, 2023 12:43am

sbongo
| Joined Apr 2023 | Status: Trader | 11 Posts

Quoting aud

Disliked

sbongo; What settings are you using for the sars indi? The distance between the dots and the price bars seems too big. Compare the appearance of your chart and cpfleger's chart 4 posts before yours.

Ignored

thanks for the tip. I think I found the answers to my own questions after looking at the pic u pointed and digested during a walk outside.