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M1 Countertrend Scalping Strategy

  • #6,501
  • Jun 19, 2023 1:41pm Jun 19, 2023 1:41pm

  1. cpfleger today you are using new system ???

  • #6,502
  • Jun 19, 2023 3:08pm Jun 19, 2023 3:08pm
fateh888,
I play every weekend to expand my skills...
cpfleger
  • #6,503
  • Jun 19, 2023 3:33pm Jun 19, 2023 3:33pm
cpfleger . that is very good to know .. but what system has given you most success so far ? . i am using your RSI system sometime get stuck in big DD . other than that good . I am an old follower of KOF .
  • #6,504
  • Jun 19, 2023 3:44pm Jun 19, 2023 3:44pm
fateh888,
Screenprint please because a Chart will help us both.
Once you master the Process, all systems become your friend.
cpfleger
  • #6,505
  • Jun 19, 2023 3:50pm Jun 19, 2023 3:50pm
Trading is a Game of 2's....
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 273 KB
  • #6,506
  • Jun 19, 2023 4:00pm Jun 19, 2023 4:00pm
Quoting fateh888
cpfleger . that is very good to know .. but what system has given you most success so far ? . i am using your RSI system sometime get stuck in big DD . other than that good . I am an old follower of KOF .
from what I have seen in the few months I have been reading, cpfleger is an excellent trader, and he can trade anything even naked chart if he wants to.
and he loves trading.
without patience how can you be a trader?
  • #6,507
  • Jun 19, 2023 4:09pm Jun 19, 2023 4:09pm
Quoting cpfleger
Trading is a Game of 2's.... {image}
cpfleger, can I have the template for the one in this post?
without patience how can you be a trader?
  • #6,508
  • Jun 19, 2023 4:12pm Jun 19, 2023 4:12pm
Steverino832,
Thank you and KoF Strategy does work BUT (re read Page 1 Post 1 by Abade) the majority of traders do not have enough Balance (+500usd) in a Live Account to actually gain quick profits and like a few people within this Forum use Demo's but will never have enough real money to trade this high risk strategy.

Most traders should trade the 5 or 15M TF and one Pair until they master the process of 85% plus performance as this a Trading Business and if you can get past the 90 Day Rule (Brokers have to define how many Traders fail within 90 days) and make money, you're within the 5% Group... This will take time and not daily wins but weekly performance mastering the process. The Trading Journal is the evidence of commitment by YOU.

I can trade many a system because I learned how to read the Market and use the Indicators to my needs. My naked system is what I just screenprinted - HA Candles, Red and Green Candles and two Red or Green Arrows but I manage the position over 95% of every trade.
cpfleger
  • #6,509
  • Jun 19, 2023 4:17pm Jun 19, 2023 4:17pm
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 538 KB
  • #6,510
  • Jun 19, 2023 4:24pm Jun 19, 2023 4:24pm
Quoting cpfleger
Steverino832, Thank you and KoF Strategy does work BUT (re read Page 1 Post 1 by Abade) the majority of traders do not have enough Balance (+500usd) in a Live Account to actually gain quick profits and like a few people within this Forum use Demo's but will never have enough real money to trade this high risk strategy. Most traders should trade the 5 or 15M TF and one Pair until they master the process of 85% plus performance as this a Trading Business and if you can get past the 90 Day Rule (Brokers have to define how many Traders fail within 90...
was joking about the template LOL, and I know KoF Strategy works. I see you use it every day and I used it today to make a few pips, i only problem i have is me, not the Strategy. I make dumb mistakes
without patience how can you be a trader?
  • #6,511
  • Jun 19, 2023 4:24pm Jun 19, 2023 4:24pm
Steverino832,
As requested, screenprint for Indicators and Template attached.
cpfleger
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 242 KB
Attached File(s)
File Type: tpl Naked Chart.tpl   13 KB | 285 downloads
  • #6,512
  • Jun 19, 2023 4:27pm Jun 19, 2023 4:27pm
cpfleger yes .. above picture system is what i am using
  • #6,513
  • Jun 19, 2023 4:28pm Jun 19, 2023 4:28pm
Quoting cpfleger
Steverino832, As requested, screenprint for Indicators and Template attached. cpfleger {image} {file}
LOL I was kidding, ok I almost lost it and coffee was going all over my laptop I was laughing so hard
but, thank you!
without patience how can you be a trader?
  • #6,514
  • Jun 19, 2023 4:31pm Jun 19, 2023 4:31pm
Steverino832,
But that is how we learn my man, I fell the first time I stood up as a child.... I fell the first time I rode a bicycle.... I missed kicking the football....
It took a few days before my finger quit hurting from the that silly Hammer that I missed the nail, ouchhh that hurt.
cpfleger
  • #6,515
  • Jun 19, 2023 4:44pm Jun 19, 2023 4:44pm
Gents,
In my opinion, you guys should define your weaknesses here in this Forum and start working as a Team to Grow with a Trading Business.
The Do's and Don'ts and start to bottom out these weaknesses because they are all Human Elements and not the system. Do not be afraid of Indicators they only paint or lag due to the microseconds that the data travels from the Broker to your computer. Nothings perfect but please do not fall for the cosmetics or newest system because they are all based on mathematical formulae. One TF, One Pair, One System (Abade said this on Post 1), work it out guys, just like football or a bicycle.
YOU can do this, two colors, two directions, two decisions, etc.
cpfleger
  • #6,516
  • Jun 19, 2023 5:13pm Jun 19, 2023 5:13pm
Gents,
Trade example even during Broker additional Spread time (4pm EST).
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 245 KB
  • #6,517
  • Jun 19, 2023 5:18pm Jun 19, 2023 5:18pm
Quoting cpfleger
Gents, Trade example even during Broker additional Spread time (4pm EST). {image}
my Spread on that same pair is 3.6 pip oanda
without patience how can you be a trader?
  • #6,518
  • Jun 19, 2023 5:22pm Jun 19, 2023 5:22pm
Steverino832,
Time to find another Broker, it may be difficult for US Citizens but spend some time this week and find a new Broker or this KoF Strategy or real lower TF scalping will not ever fit your trading wants.
cpfleger
  • #6,519
  • Jun 19, 2023 5:22pm Jun 19, 2023 5:22pm
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 256 KB
  • #6,520
  • Jun 19, 2023 5:27pm Jun 19, 2023 5:27pm
Quoting cpfleger
{image}
it is impressive !
without patience how can you be a trader?
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