M1 Countertrend Scalping Strategy

[quote=cpfleger;14418399]javipenjamo, Dado que no dirigió su pregunta a nadie, debo asumir que me está preguntando a mí.... Para que los comerciantes minoristas básicos aumenten su confianza en su negocio comercial, la regla de las 3 velas es un excelente lugar para comience durante aproximadamente 3 meses hasta que el nuevo comerciante pueda mostrarse a sí mismo a través de su diario comercial un rendimiento del 85% o mejor, como indiqué en mi plan de negociación hace algunas publicaciones, USTED está desarrollando una nueva habilidad, un rendimiento constante es lo que todos los comerciantes necesidad, la consistencia conduce al desempeño que permite obtener ganancias. cpfleger[/cita]
ok thank you very much

Gents,
This is a Trading Business that only YOU can make or break, no one else can trade for your business.
Its hard at first but with commitment and discipline YOU can achieve a good performance of 85% or better daily.
Trade the same time(s) everyday, use the same system and enjoy.
cpfleger

Folks, it really just comes down to what cpfleger says above! Buckle down and forward test this on a demo account. Back testing is good to prove to yourself this method is worth your time. But it's not a replacement for practicing LIVE. That's where the real meat and potatoes of learning to trade is. No amount of asking questions to get a distilled blueprint of exactly what to do during every charting scenario can replace actual live price action experience of order placements and exits. YOU have to make mistake! YOU have to see how bad it can get if you: a) get greedy. b) get fearful. c) get FOMO. d) don't wait for quality setups. e) leave the charts during a trade. f) mess around with/neglect to watch out for news g) revenge trade; and in my case: h) learn the horrors of FIFO regulations if you are a US citizen (just learned how to manage/work around this so it's ok with me now). But these are all hyper valuable lessons that'll lead you to refining and designing a personalized system for YOU! After you get 85% or higher win rate, as cpfleger states, and confident in your ability to mechanically trade the high quality setups and discretionarily exit, it's time to go live using teeny tiny positions. This will get you to the next level of training: emotional control. That is the real mother f'er.

It's tough work. It can be draining. But log your practice trades. Go over them. Refine entries. See how to tell when to exit. Get real experience and become confident in your feel for: the price action/momentum/loss of momentum/quality setups/pair personalities/YOURSELF and your emotions, and you'll be well on your way.

I'm currently at the forward testing demo phase. I got 1 week under my belt only but going to practice trade for about a month to two months. Then I'll deposit one to two thousand dollars and go live from there. Already my confidence is up. I've been studying forex and jumping strategies since 2017! This is the first system one that seems to really resonate with my personality. I'm digging KoF V3, but they are all valid versions.

Ok, I'm off this rickety soap box. Thanks for listening. Green pips to all!

Pre setup.

Patience pays the bills...

Performance.....

Next victim in this currency war...

Watch the Market...

Sellllling.

Market Cycles and YOU.

KoF is Live on youtube right now...

Close all your profits - 3 trades and 120 usd profits.

Have a BRAVE HEART...

Hi cpfleger, downloaded KOF V6 tpl and no arrows or arrows indicator

Baz

Bazzza,
Go to the paperclip above and look for zwinner alerts Indicator.
cpfleger

See screenprint.

Hi cpfleger thanks, that gives one arrow where do I get the other one from?

Baz

Bazzza,
Look in the paperclip and download everything with my name, simple my man.
cpfleger

funny man

Well today was a lame volume market day. Only took a single setup that I had to management for several hours. Saw the setup but didn't notice at first how little volume was in the markets. Was able to actually average down despite FIFO rules. I just had to not use any SL, TSL, or TPs.

First entry:


Price went against me so I hit buy again:


It went lower but actually made a valid setup so bought yet another 0.01 lots:


Down some more but made yet another valid setup and with double supply boxes on the M1, this time bought 0.02 lot to held get to break even:


Down a little more. You may have noticed I was jumping between M1 and M5 timeframes. I notice a lot of rejection on M1 and M5 so I went in for a final 0.02 lots:



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