M1 Countertrend Scalping Strategy

cpfleger,
I sold in the second candle, just the first sar. under little you were right ... it is still early but 1 pip I took out little by little

Calibrating the old mouse finger...

Did you sell right when the candle formed? Get that clicker finger ready 10 seconds before the bar closes in anticipation the next bar will be without wicks and on the correct side of the LWMA.

Donny3rd,
if I always enter the second 59 ... that's why I have eaten all the fuse

Waiting.....

javipenjamo,
Patience does pay off....
cpfleger

Two more practice trades in the hole.

Even thought the price was near the 20 EMA already, it previously had hit the 50 EMA, so I bought when a proper setup appeared on USDJPY:


Saw another good setup on EURJPY nicely away from EMAs and with good rang from last ZZ number too. USD and EUR against JPY seem to correlate at times which I'm ok with. I'll profit off a lil east vs west action:


The EURJPY trade hit it's 20 EMA so I closed out at 3.6 pips in the green. It shot all the up to and slightly past the 50 EMA on the very next candle. That's greed and I'm trying to not care. So water off a ducks back and all:


Speaking of correlations, the same bar as the one that passed EURJPY's 50 EMA timing wise on USDJPY price shot up to it's 50 EMA while printing a ZZ number so I hopped out for a nice 6.2 pips (that sentence is kinda hard to read but oh well):



ARRRRRRRRRRRH!

Calling it done for the day. Here's reports of this month so far:

Amazing performance and trades my friend, thanks for sharing with us!

Thank you for the encouragement and especially for creating this thread!!! I was a little rocky at first getting the timing, but I really think with just 4 weeks one can get a really good grasp of this method. You just have to be observant and make your own rules/criteria for, what I consider to be most important, when to stay out! I used to always want to be in a trade. Now I just want quality setups with fanning out EMAs and good pip ranges! Makes me excited (and a lil nervous still lol) to go live! Might give it another month of practice to really hone things.

The Prop Firm System

Patience pay off ......
thx cpfleger

it's time to buy

bad entry for now

More fun ....

Mr. cpfleger

how can I set the parameters for the two PSAR indicators?

thanks。

another stash of gold!

Waiting... its a lonely game.