M1 Countertrend Scalping Strategy

Quoting cpfleger

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Steverino832, They are Dynamic in nature and stay put. If you look at the bottom of the upward Channel you will see a Red Crossing Line and this Line is the reversal area from a previous sell to a new buy Channel as the market goes upwards. Now technically speaking we WAIT until we get a top Red Line across the buying channel, and it will form but because we are on the 4 HR TF it will take a while, makes sense ? cpfleger

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Quoting cpfleger

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Due to the fact we are trading on a Friday night, the Volume is low which is why the last candle has gone to green back to red and changes colors.... Again, due to the 4 hour TF this is a slow night and will pick up tomorrow or Sunday since Bitcoin jumped up to 30k this week and the Buyers will be slow releasing it to the Sellers. Idi's and Template next and then I will stop for the night and please the wife. cpfleger

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Quoting cpfleger

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Enjoy, the second June 23 Gift... cpfleger {file} {file} {file} {file} {file} {file} {file}

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Quoting cpfleger

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Quoting cpfleger

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Faith in oneself, confidence in a simple system forget all that worldly negativity, this ME versus those silly Banks which by the way are also Human Traders, they have nothing on ME, I may not have their money, but I have intelligence and capability as a free Trading Business, I report to my wife daily and I have a mission.... cpfleger

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