M1 Countertrend Scalping Strategy

xintial,
its called countertrending.
cpfleger

Performance on a Sunday / Monday morning...

Performance is all I trade for.... nothing less and nothing more.

Thank you, I will try it.
xinitial.

xinitial,
Read the latest Forex Ribbon Trading Blueprint within the Paperclip.
cpfleger

Gents,
Its a Bank Holiday today in my country and the USA, please expect Low Volume once the NY Session opens and this is why I am trading after the wife took me our for Dinner on Sunday night.
cpfleger

My bad, CAD Bank Holiday today and the USA is Tuesday but either way the NY Session will be low volume for the next 2 days.
cpfleger

Karmaw,
Explain to me your trade, where the first two trades a sell or a buy, I cannot tell by the markers.
cpfleger

steverino832,
You do know the Banks will warn you shortly about making money trading the forex market, They do not like it when retail traders steal their money...
arhhhhhhhhhhhhhhhh.
cpfleger

Good morning cpleger, I rely mainly on the bollinger bands and your wonderful rsi indicator, if the candlestick enters the band a lot it indicates the possibility of a turn, if it separates it indicates exhaustion, and then with the rsi I build operations adding more in favor of the trend.

Karmaw,
See screenprint.
cpfleger

Countertrend Trading and cost averaging should be done in a manner that reduced the risk to your account called Drawdown, If and when you open a live account with less than 500 usd YOU will find out about stress and strain quicker than expected. Learn to WAIT until the Indicator tells you a reversal is coming and then countertrend trade and add position per candle. YOU will thank me later.
cpfleger