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M1 Countertrend Scalping Strategy

  • #7,961
  • Jul 6, 2023 1:36am Jul 6, 2023 1:36am
Quoting cpfleger
{image}
What's your main focus on this chart?
  • #7,962
  • Jul 6, 2023 1:38am Jul 6, 2023 1:38am
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  • #7,963
  • Jul 6, 2023 2:42am Jul 6, 2023 2:42am
Quoting cpfleger
Absolute stunning wednesday afternoon.......... {image}
Can I ask you what broker you use?
  • #7,964
  • Jul 6, 2023 3:04am Jul 6, 2023 3:04am
M1 BTC countertrend scalps!
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every minute matters!
  • #7,965
  • Jul 6, 2023 3:54am Jul 6, 2023 3:54am
Target 750 usd next...
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  • #7,966
  • Jul 6, 2023 4:13am Jul 6, 2023 4:13am
smeden,
IC Markets, Blueberry from Australia.
cpfleger
  • #7,967
  • Jul 6, 2023 4:18am Jul 6, 2023 4:18am
M1 GBP Countertrend Scalps!
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quick profits, no swaps, easy sleep!
every minute matters!
  • #7,968
  • Jul 6, 2023 4:18am Jul 6, 2023 4:18am
good morning every one
or after noon whatever the case bite be
without patience how can you be a trader?
  • #7,969
  • Jul 6, 2023 4:39am Jul 6, 2023 4:39am
Hi, I'd like to ask you if this is a proper entry according to the rules. I don't fully understand the meaning of "Do not trade if arrows differ". The Red arrow, did repaint to the right, so in my opinion it is a proper entry, but would appreciate comments.


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  • #7,970
  • Jul 6, 2023 4:43am Jul 6, 2023 4:43am
BfromG,
Where your yellow circle is and above it is a Red Down Arrow plus a Red PSAR set of Dots and then there is a Green Candle. Now the Caution : Do Not trade if arrows differ is telling you - Arrows, PSAR and Candle must all align in direction and color. So the Green Candles are saying BUY but the Arrow and PSAR are saying SELL, what do YOU do ?
Nothing because of difference and not aligned.
cpfleger
  • #7,971
  • Jul 6, 2023 4:52am Jul 6, 2023 4:52am
Quoting cpfleger
BfromG, Where your yellow circle is and above it is a Red Down Arrow plus a Red PSAR set of Dots and then there is a Green Candle. Now the Caution : Do Not trade if arrows differ is telling you - Arrows, PSAR and Candle must all align in direction and color. So the Green Candles are saying BUY but the Arrow and PSAR are saying SELL, what do YOU do ? Nothing because of difference and not aligned. cpfleger
Hi Cpfledger, just to let you know that PSAR had already changed to green / below, I marked this with a yellow circle.
  • #7,972
  • Jul 6, 2023 4:52am Jul 6, 2023 4:52am
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  • #7,973
  • Jul 6, 2023 4:55am Jul 6, 2023 4:55am
Quoting cpfleger
{image}
I'd like to be like you .... Anyone has experience with the M1 countertrend with indexes, notably US30?
  • #7,974
  • Jul 6, 2023 5:09am Jul 6, 2023 5:09am
Today is a bad day for me.. have lost 25% of my account
Jakepuia
  • #7,975
  • Jul 6, 2023 5:13am Jul 6, 2023 5:13am
BfromG,
Usually, most Trader fear the spread size and Indexes have less trading time available and require larger account balances BUT they can be traded...
cpfleger
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  • #7,976
  • Edited 5:31am Jul 6, 2023 5:19am | Edited 5:31am
USD
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/cad buy
locked in for 30 pips!
out for 30.2 pips so happy!
cpfleger thank you!
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without patience how can you be a trader?
  • #7,977
  • Jul 6, 2023 5:33am Jul 6, 2023 5:33am
steverino832,
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  • #7,978
  • Jul 6, 2023 5:34am Jul 6, 2023 5:34am
Quoting cpfleger
steverino832, {image}
thank you, sir!
this is to much fun!
without patience how can you be a trader?
  • #7,979
  • Jul 6, 2023 5:41am Jul 6, 2023 5:41am
steverino832,
Keep it quiet, we do not want others to find our trading secret... arhhhhhhhhhhhhhh.
cpfleger
  • #7,980
  • Jul 6, 2023 5:43am Jul 6, 2023 5:43am
cpfleger this looks bad
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