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M1 Countertrend Scalping Strategy

  • #8,241
  • Jul 10, 2023 7:43pm Jul 10, 2023 7:43pm
Starting Tuesday Trades...
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  • #8,242
  • Jul 10, 2023 11:11pm Jul 10, 2023 11:11pm
Steall some pips.
Follow the trend.
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  • #8,243
  • Edited 2:02am Jul 11, 2023 1:48am | Edited 2:02am
You tremble, carcass? You would tremble a lot more if you knew where I am taking you.
Henri de Ia Tour d'Auvergne, Vicomte de Turenne (1611-75)
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I haven't come this far to only come this far !
  • #8,244
  • Jul 11, 2023 2:02am Jul 11, 2023 2:02am
lazily scalping GBP on the M1 chart!
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every minute matters!
  • #8,245
  • Jul 11, 2023 2:12am Jul 11, 2023 2:12am
Quoting Amiraven
You tremble, carcass? You would tremble a lot more if you knew where I am taking you. Henri de Ia Tour d'Auvergne, Vicomte de Turenne (1611-75){image}
1930 was a key level that had not breached for some time amiraven, it was bound to pop like it did once it broke, that was unlucky, but it is also likely to retrace a bit because it was strong giving you a chance to recover...

you could of held off on the second order and aimed for breakeven after the third, ema200 would of been the target in that case, on the positive side, you have little patience for losses and cut them early, so as long as there are still profits in the end, that's fine, if not, you will need to give your trades more time to produce a profit, keep up the great work!
every minute matters!
  • #8,246
  • Jul 11, 2023 2:32am Jul 11, 2023 2:32am
Quoting niks
{quote} 1930 was a key level that had not breached for some time amiraven, it was bound to pop like it did once it broke, that was unlucky, but it is also likely to retrace a bit because it was strong giving you a chance to recover... you could of held off on the second order and aimed for breakeven after the third, ema200 would of been the target in that case, on the positive side, you have little patience for losses and cut them early, so as long as there are still profits in the end, that's fine, if not, you will need to give your trades more...
Thank you Niks for sharing your valuable insights with me ! I really appreciate it .
yes the second order could have been placed later in a better position , I realized that waiting for ema 200 depends on my emotional state !
how ever I doubled my lot size and made a small profit at the end .
I haven't come this far to only come this far !
  • #8,247
  • Jul 11, 2023 4:39am Jul 11, 2023 4:39am
Wow ultra trending day!
  • #8,248
  • Jul 11, 2023 4:50am Jul 11, 2023 4:50am
zidro,
Agree my man...
cpfleger
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  • #8,249
  • Jul 11, 2023 5:04am Jul 11, 2023 5:04am
Quoting cpfleger
zidro, Agree my man... cpfleger {image}
can u please pinpoint the indicators and template used in this picture .. please .
  • #8,250
  • Jul 11, 2023 5:40am Jul 11, 2023 5:40am
fateh888,
You want another Gift in July 2023........
cpfleger
  • #8,251
  • Jul 11, 2023 5:47am Jul 11, 2023 5:47am
Just another beautiful trading day....
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  • #8,252
  • Jul 11, 2023 5:56am Jul 11, 2023 5:56am
2nd Gift in July 2023.
All other Indicators are within the Paperclip, look at the screenprint called Indicators List, open Paperclip and download as required.
Enjoy.
cpfleger
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Attached File(s)
File Type: ex4 heiken ashi smoothed (mod + mtf).ex4   272 KB | 503 downloads
File Type: ex4 ! Renko SuperSignals v3 Double Channels BT.ex4   37 KB | 511 downloads
  • #8,253
  • Jul 11, 2023 5:57am Jul 11, 2023 5:57am
One more - the Template
Attached File(s)
File Type: tpl HA Smoothed MTF Candles with a Sup Fem and Arrows.tpl   27 KB | 460 downloads
  • #8,254
  • Jul 11, 2023 5:58am Jul 11, 2023 5:58am
Quoting cpfleger
fateh888, You want another Gift in July 2023........ cpfleger
i would really appreciate the Gift .. July is my birthday Month . Cheers .
  • #8,255
  • Jul 11, 2023 6:10am Jul 11, 2023 6:10am
fateh888,
Enjoy you early Birthday Gift, yell if you need help it's all part of paying it forward.
cpfleger
  • #8,256
  • Jul 11, 2023 7:05am Jul 11, 2023 7:05am
Quoting cpfleger
Just another beautiful trading day.... {image}
it will be most helpful to know why you buying this instrument ... what is your exact thought process with this system ? please tell us
  • #8,257
  • Jul 11, 2023 7:29am Jul 11, 2023 7:29am
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I haven't come this far to only come this far !
  • #8,258
  • Jul 11, 2023 7:43am Jul 11, 2023 7:43am
fateh888,
Next Gift I will explain, just focus on today's Gift.
Any questions about today's Gift I will answer.
cpfleger
  • #8,259
  • Jul 11, 2023 7:48am Jul 11, 2023 7:48am
Givback please have a look at this one, could be a nice one for setups. A well known trader used to swear by it.
Attached File(s)
File Type: mq4 Hodrick Prescott MTF v2.00.mq4   28 KB | 410 downloads
Pip Student
  • #8,260
  • Jul 11, 2023 7:54am Jul 11, 2023 7:54am
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I haven't come this far to only come this far !
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