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M1 Countertrend Scalping Strategy

  • #6,901
  • Jun 23, 2023 9:26am Jun 23, 2023 9:26am
My screen .
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https://tracking.avapartner.com/_RwAAA
  • #6,902
  • Jun 23, 2023 9:27am Jun 23, 2023 9:27am
Gents,
An extraction from my Trading Blueprint pdf....

Written by: C Pfleger Dated: April 1, 2023

You see money, a Lambo, wife’s new dress….. hold on young man / woman, you're not going anywhere yet, what did I say earlier, 3 to 6 months of practice. Damn, you just bursted my dream. Yes, I did. Why ??? Because only YOU can listen and learn this new craft / skill and guess what you have a lot of trading hours to perform and then you must take a performance examination and if the score is less than 85% overall, you have to do it all over again or quit.

Still committed ??? Its YOUR trading business. Not mine, not the Mentors, not your wife’s, not your brothers, not even the grocery store down the road knows what in store here, only YOU.
  • #6,903
  • Jun 23, 2023 9:28am Jun 23, 2023 9:28am
Quoting cpfleger
fateh888, See screenprint. cpfleger {image}
so if i wait for pullback bar 60% to 70% trade will be already done .. but i will try as u say .. i am learning ..
  • #6,904
  • Jun 23, 2023 9:31am Jun 23, 2023 9:31am
fateh888,
I did not say wait for a Pullback, I said watch the bottom Indicator as it tells you what the Market is saying, a potential Pullback is coming so you should be cautious at that moment, learn to use the tools and feel the Market. 11 wins and 1 loss and your complaining ??? Dude, wake up, the majority of traders do not meet this factoid.
cpfleger
  • #6,905
  • Jun 23, 2023 9:32am Jun 23, 2023 9:32am
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  • #6,906
  • Jun 23, 2023 9:33am Jun 23, 2023 9:33am
Quoting akkus45
My screen . {image}
you trade from phone only ?? AMAZING .. would really love to know more about your specific approach . we all love CPFLEGER ..
  • #6,907
  • Jun 23, 2023 9:35am Jun 23, 2023 9:35am
fateh888,
I can tell you did NOT read my Trading Blueprint pdf, no telephones because of more risks called SLIPPAGE.
Fashion and cosmetics is what most people want but they FAIL at trading performance.
cpfleger
  • #6,908
  • Jun 23, 2023 9:39am Jun 23, 2023 9:39am
Quoting cpfleger
fateh888, I can tell you did NOT read my Trading Blueprint pdf, no telephones because of more risks called SLIPPAGE. Fashion and cosmetics is what most people want but they FAIL at trading performance. cpfleger
no Sir .. i have downloaded and read all word by word .. will go through again right now
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  • #6,909
  • Jun 23, 2023 9:42am Jun 23, 2023 9:42am
Gents,

YOU need to learn to earn yourself, do NOT let others guide YOU, only YOU can do this trading business, not your friends or work mates or even your girlfriend(s), accept this factoid NOW.

I have hit my 2000 usd today and its Golf time.

Enjoy trading by yourselves.
cpfleger
  • #6,910
  • Jun 23, 2023 9:52am Jun 23, 2023 9:52am
Quoting cpfleger
Gents, YOU need to learn to earn yourself, do NOT let others guide YOU, only YOU can do this trading business, not your friends or work mates or even your girlfriend(s), accept this factoid NOW. I have hit my 2000 usd today and its Golf time. Enjoy trading by yourselves. cpfleger
great job hitting the $2000 USD is fire enjoy your round of golf if you play golf the way you trade tiger woods is in trouble
without patience how can you be a trader?
  • #6,911
  • Jun 23, 2023 10:09am Jun 23, 2023 10:09am
I don't play that much golf anymore, but I do like riding around in the cart and being outside and I really like the beer cart girl she is cute

without patience how can you be a trader?
  • #6,912
  • Jun 23, 2023 10:19am Jun 23, 2023 10:19am
Quoting cpfleger
fateh888, See screenprint. cpfleger {image}
You have to log in after getting permission from M15, not M5, right?
  • #6,913
  • Jun 23, 2023 10:22am Jun 23, 2023 10:22am
Quoting Steverino832
I don't play that much golf anymore, but I do like riding around in the cart and being outside and I really like the beer cart girl she is cute
I know places less expensive than golf with cute girls and beer
  • #6,914
  • Jun 23, 2023 10:39am Jun 23, 2023 10:39am
Quoting Elsaloon
{quote} I know places less expensive than golf with cute girls and beer
sir please tell me more lol
without patience how can you be a trader?
  • #6,915
  • Jun 23, 2023 10:48am Jun 23, 2023 10:48am
Quoting Steverino832
{quote} sir please tell me more lol
  • #6,916
  • Jun 23, 2023 11:33am Jun 23, 2023 11:33am
@cpfleger thanks for your guidance as always, please want you to explain more on the extreme spike, especially the pull back in your trading decision.
  • #6,917
  • Jun 23, 2023 12:22pm Jun 23, 2023 12:22pm
Quoting Maxwell09
@cpfleger thanks for your guidance as always, please want you to explain more on the extreme spike, especially the pull back in your trading decision.
This indicators says beware, the market may change shortly. If youre in position bé prépares ton close. If you aren't. Bé prépares ton shoot
  • #6,918
  • Jun 23, 2023 12:39pm Jun 23, 2023 12:39pm
@Elsaloon thanks for the swift response, the pull back fluctuate when the candle hasn't close, so i get confused alot. Thanks .
  • #6,919
  • Jun 23, 2023 1:13pm Jun 23, 2023 1:13pm
Maxwell09,
Even after the candle closes, the Market can reverse and this is one of the hardest things a retail Trader must learn to accept - no warranties or guarantees based on a Candle, Indicator or an EA / Alert. Thats the issue with a non-centralized Market that only trends less than 30% unlike the Stock Market.
cpfleger
  • #6,920
  • Jun 23, 2023 2:38pm Jun 23, 2023 2:38pm
Hi Cpfleger, hope you are doing fine and out for golf already
I was trying to deconstruct your last trades to learn but first of all thank you again for being so transparent and helpful!

i think you said already that you trade different styles / variation of systems. I wanted to ask you about your last trades you shared from yesterday and today.

The purple line
It looks like you took those 2-3 trades from the

- 30m chart and exited on the 50 Ema
or
-1H chart and exited on the 20 EMA.

Can i ask at which point you would consider a reentry and / or averaging a bit further down? It looks like there were a couple opportunities to enter a bit dipper with the rsi playing along on a on the 30m and 1H chart ?

Or were you trading a different template, and it looked different for you?

Thank you
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