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M1 Countertrend Scalping Strategy

  • #5,321
  • Apr 26, 2023 8:32am Apr 26, 2023 8:32am
EU early entry
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  • #5,322
  • Apr 26, 2023 9:19am Apr 26, 2023 9:19am
josh1111,
How are you getting along with the CCI ??? Good or bad.
Check your email dude.
cpfleger
  • #5,323
  • Apr 26, 2023 9:53am Apr 26, 2023 9:53am
Just simple trading today...
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  • #5,324
  • Apr 26, 2023 10:15am Apr 26, 2023 10:15am
Easy 25 Pips... done for the day.
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  • #5,325
  • Apr 26, 2023 10:33am Apr 26, 2023 10:33am
Quoting niks
{quote} do you just use basic ema strategy or 1% strategy as well? {image}

I got my sell orders in at the very top.
That was nice.
Golden nuggets of wisdom not offered here.
  • #5,326
  • Apr 26, 2023 10:36am Apr 26, 2023 10:36am
I hated to leave so much money on the table, but had to hit the road for work.
30 pip win. Should have been at least 100.

Life goes on.
76-0
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Golden nuggets of wisdom not offered here.
  • #5,327
  • Apr 26, 2023 10:40am Apr 26, 2023 10:40am
US30
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  • #5,328
  • Apr 26, 2023 10:44am Apr 26, 2023 10:44am
Quoting niks
{quote} do you just use basic ema strategy or 1% strategy as well? {image}
Hey Niks how do you do that multiple time frame bit on your other indicator window? Very cool.
  • #5,329
  • Apr 26, 2023 10:47am Apr 26, 2023 10:47am
Quoting cpfleger
josh1111, How are you getting along with the CCI ??? Good or bad. Check your email dude. cpfleger
I only have executed a handful of trades with it but it has been 4 out of 5.
I will keep testing it on EU.
When overlaying the CCI on some of my RSI windows it seems to mimic one of the RSI lines pretty consistently.
Do you happen to know the actual equation for the CCI calculations?
Thanks
  • #5,330
  • Apr 26, 2023 10:51am Apr 26, 2023 10:51am
Watching CADJPY
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  • #5,331
  • Apr 26, 2023 11:10am Apr 26, 2023 11:10am
Quoting fateh888
After a lot of practice for more than 3 week and feeling Confidnece till yesterday. I just lost massive in Live account today.(EURUSD trade). Feeling very demotivated. . But anyways Thanks for your contribution Abade and cpfleger. U guys made me motivated to Try again Forex is not for Young people like me . I just feel wasting Time and money again and again. Sorry again . But this is my moment to say Goodbye to this industry. I will Read post from Time to Time .but i will stay away from Trading.
I am sorry to hear that.

I advice against using real money until the trader has a good feeling of the instruments, leverage and potential drawdown.
  • #5,332
  • Apr 26, 2023 11:40am Apr 26, 2023 11:40am
Hey Niks,

How do you get the multiple time frame at the bottom of the 2nd window? Would you please share?
  • #5,333
  • Apr 26, 2023 11:51am Apr 26, 2023 11:51am
Quoting niks
{quote} usi solo la strategia ema di base o anche la strategia dell'1%? {immagine}
Only BASIC ema strategy
  • #5,334
  • Apr 26, 2023 11:51am Apr 26, 2023 11:51am
Quoting fateh888
After a lot of practice for more than 3 week and feeling Confidnece till yesterday. I just lost massive in Live account today.(EURUSD trade). Feeling very demotivated. . But anyways Thanks for your contribution Abade and cpfleger. U guys made me motivated to Try again Forex is not for Young people like me . I just feel wasting Time and money again and again. Sorry again . But this is my moment to say Goodbye to this industry. I will Read post from Time to Time .but i will stay away from Trading.
fateh888,

You have only been using this strategy for 3 weeks. What made you think you can master it in 3 weeks?
I have been using it for a little over 2 years. You have to be demo first, understand the market, how to manage your trades in trends, and then apply it to the lowest lot size possible in a live account. Some of us traders try to get rich quickly without understanding the ins and outs of a strategy and the market conditions. What was your account balance and what lot size use. With months, and years of practice you will become better at trading the strategy.

Long story short, if you want to be good at anything, you have to keep at it.
  • #5,335
  • Apr 26, 2023 12:15pm Apr 26, 2023 12:15pm
I have been trading for over a year demo . I got to Know King of Forex when he had his subscriber hidden (I mean when he started ). I tested his strategy alot . But there is always a time when his strategy EMA didn't work. I also bought both his course. Sorry but useless . All his knowledge is available on Youtube. Expect 1% which is just buy above 200 EMA . Sell below 200 EMA and look for Greater distance between EMA.
Now i feel Hopeless .. but i don't want you guys to be demotivated by me. I think Forex should be last thing i should focus on.
If any good person can teach me . I will be Grateful.
I have Read all post of this Thread and have seen all KOF Youtube videos.
  • #5,336
  • Apr 26, 2023 12:49pm Apr 26, 2023 12:49pm
Hello guys, I am new here, I just saw this forum some days ago and I tried the strategy and is amazing, thank you for sharing.
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  • #5,337
  • Apr 26, 2023 12:52pm Apr 26, 2023 12:52pm
Quoting fateh888
I have been trading for over a year demo . I got to Know King of Forex when he had his subscriber hidden (I mean when he started ). I tested his strategy alot . But there is always a time when his strategy EMA didn't work. I also bought both his course. Sorry but useless . All his knowledge is available on Youtube. Expect 1% which is just buy above 200 EMA . Sell below 200 EMA and look for Greater distance between EMA. Now i feel Hopeless .. but i don't want you guys to be demotivated by me. I think Forex should be last thing i should focus on....
Please provide an screenshot of your latest trades and P/L (equity levels, position sizing, etc.), we may be able to give useful feedback.
  • #5,338
  • Apr 26, 2023 1:36pm Apr 26, 2023 1:36pm
Quoting ismael1991
Hello guys, I am new here, I just saw this forum some days ago and I tried the strategy and is amazing, thank you for sharing.{image}
Muy bien Ismael! Solo ten cuidado con el incremento paulatino de posición, no las dejes correr mucho tiempo si ves que fuiste atrapado.

Recomiendo practicar al menos 200 posiciones por instrumento.
  • #5,339
  • Apr 26, 2023 2:21pm Apr 26, 2023 2:21pm
Abade / Gents,

It's the last week in April 2023 and part of April's act of kindness, I hope everyone has had fun talking, trading and enjoying themselves here within Abade's Countertrend Scalping Forum, I have had fun also.

I am off this Forum as of today for greener pastures as a retired man and I wish everyone the best in their trading business.

Thanks again Abade and Viewers,

Have a great life.
cpfleger
  • #5,340
  • Apr 26, 2023 2:25pm Apr 26, 2023 2:25pm
sorry Abade
i will not be able to share more detail about loss today. But all i can tell i did cost average starting lot 0.01 on 1600$ account and lost 30% plus on EURUSD SELL. Chart making me crazy at the moment. Loss Hurts .
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