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M1 Countertrend Scalping Strategy

  • #6,601
  • Jun 20, 2023 8:25am Jun 20, 2023 8:25am
Quoting Mojoloto
gold looking good for a pullback, but just realized i went in with the forex lot size :/ {image}
the move was forceful and the wick on the daily is a concern - your in for a bit of a ride unfortunately... but not to worry if you keep in mind that gold is always cheap!
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every minute matters!
  • #6,602
  • Jun 20, 2023 8:29am Jun 20, 2023 8:29am
Quoting niks
{quote} the move was forceful and the wick on the daily is a concern - your in for a bit of a ride unfortunately... but not to worry if you keep in mind that gold is always cheap! {image}
yeah, that grind down looks crazy
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  • #6,603
  • Jun 20, 2023 8:35am Jun 20, 2023 8:35am
gold buying coming
  • #6,604
  • Jun 20, 2023 8:36am Jun 20, 2023 8:36am
morning trade
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without patience how can you be a trader?
  • #6,605
  • Jun 20, 2023 8:45am Jun 20, 2023 8:45am
Quoting Steverino832
morning trade {image}
its great to finally see you in action steve... wishing you a most successful journey!
every minute matters!
  • #6,606
  • Jun 20, 2023 8:46am Jun 20, 2023 8:46am
Quoting fateh888
gold buying coming
yes, please buy, mojoloto needs the help!
every minute matters!
  • #6,607
  • Jun 20, 2023 8:47am Jun 20, 2023 8:47am
Quoting niks
{quote} its great to finally see you in action steve... wishing you a most successful journey!
thank you niks!
without patience how can you be a trader?
  • #6,608
  • Jun 20, 2023 8:56am Jun 20, 2023 8:56am
Quoting Steverino832
{quote} thank you niks!
your most welcome mate! your in the right place and on the right path, stick to it, work hard at it, and always remember we don't make stupid mistakes if we don't know any better, we learn valuable lessons instead...
every minute matters!
  • #6,609
  • Jun 20, 2023 9:06am Jun 20, 2023 9:06am
In the middle of Tsunami ...
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I haven't come this far to only come this far !
  • #6,610
  • Jun 20, 2023 9:12am Jun 20, 2023 9:12am
Quoting Amiraven
In the middle of Tsunami ... {image}
i think once it reaches that level on the daily, it may retrace, it's almost there and beginning to stall so get ready to balance out the breakeven once it bottoms out but stay light because if it breaks below then there really will be a tsunami, this is just a small wave you could barely body surf at the moment!

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every minute matters!
  • #6,611
  • Jun 20, 2023 9:13am Jun 20, 2023 9:13am
Daily Gold obtained....
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  • #6,612
  • Jun 20, 2023 9:39am Jun 20, 2023 9:39am
here we go!
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every minute matters!
  • #6,613
  • Jun 20, 2023 9:39am Jun 20, 2023 9:39am
Stacking those nuggets...
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  • #6,614
  • Jun 20, 2023 9:44am Jun 20, 2023 9:44am
Quoting niks
here we go! {image}
niks, you have some resources on that style?
  • #6,615
  • Jun 20, 2023 9:46am Jun 20, 2023 9:46am
Quoting cpfleger
Stacking those nuggets... {image}
without patience how can you be a trader?
  • #6,616
  • Jun 20, 2023 9:53am Jun 20, 2023 9:53am
Target 1 hit hard....
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  • #6,617
  • Jun 20, 2023 9:56am Jun 20, 2023 9:56am
Quoting niks
{quote} i think once it reaches that level on the daily, it may retrace, it's almost there and beginning to stall so get ready to balance out the breakeven once it bottoms out but stay light because if it breaks below then there really will be a tsunami, this is just a small wave you could barely body surf at the moment! {image}
Thank you Niks ...
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I haven't come this far to only come this far !
  • #6,618
  • Jun 20, 2023 9:58am Jun 20, 2023 9:58am
More please...
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  • #6,619
  • Jun 20, 2023 9:58am Jun 20, 2023 9:58am
Quoting Mojoloto
{quote} niks, you have some resources on that style?
probably only what i have posted if nothing else appears, reading the price action is the key for me and the best resource

see i helped you and amiraven! out of your drawdown! look what gold is doing now!
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too early in my opinion amiraven, wait for it to bottom out and retrace first, the double bottom hints at a return to at least ema200 - ALWAYS wait for ema200 when in drawdown, ALWAYS!
every minute matters!
  • #6,620
  • Jun 20, 2023 10:04am Jun 20, 2023 10:04am
one more trade could have held on for more but happy with it! Closed with a little more than 10 Pips.
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without patience how can you be a trader?
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