M1 Countertrend Scalping Strategy | Page 418 | Forex Factory

Options

Go to
Permalinks
Print Thread

Related Instruments

EUR/USD, GBP/USD

Similar Threads

Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies

strategy builder/tester for new scalping strategy 1 reply

1M & 5M Scalping System (Scalping Paradise) 21 replies

Reversals vs. CounterTrend Trade 28 replies

CounterTrend Trading 58 replies

Attachments: M1 Countertrend Scalping Strategy
Exit Attachments

M1 Countertrend Scalping Strategy

  • #8,341
  • Jul 14, 2023 3:58pm Jul 14, 2023 3:58pm
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 439 KB
  • #8,342
  • Jul 14, 2023 4:06pm Jul 14, 2023 4:06pm
Quoting cpfleger
Spank1969, Since you did not provide a screenprint I must assume by saying everything is set a default settings / inputs. cpfleger
Yes by default, but my candles do not have long shadows
Attached Image (click to enlarge)
Click to Enlarge Name: Immagine 2023-07-14 225759.jpg Size: 146 KB
  • #8,343
  • Jul 14, 2023 5:02pm Jul 14, 2023 5:02pm
Quoting cpfleger
{image}
does the donchan have the buy sell arrows? or?

What setting is the donchan? Can you share that indi?
  • #8,344
  • Jul 14, 2023 6:13pm Jul 14, 2023 6:13pm
Quoting Steverino832
{quote} wow, 96% that's awesome!
Quoting xinitial
{quote} You are the next rock star !
Thanks Steve and xinitial!!! Appreciate the kinds words.



Quoting niks
M1 AUD countertrend scalps - more "random" entries! {image}
Stop making those random trades! Gosh, you're such a gambler!

Quoting cpfleger
{image}
That countertrending the daily looks mad LOL. But awesome.
  • #8,345
  • Jul 14, 2023 7:56pm Jul 14, 2023 7:56pm
I've watched some of the "King of Forex" video's but this thread seems to have gone off in another direction, being completely dominated by "cpfleger" the retired rocket scientist.
Does anyone know what the King's real name is and where he comes from? Has anyone purchased products from his website?
  • #8,346
  • Jul 15, 2023 1:17am Jul 15, 2023 1:17am
Quoting edge540
I've watched some of the "King of Forex" video's but this thread seems to have gone off in another direction, being completely dominated by "cpfleger" the retired rocket scientist. Does anyone know what the King's real name is and where he comes from? Has anyone purchased products from his website?
No I'm pretty sure his identity is unknown.
That said, I'm sure he is fake.. There are just too many and obvious red flags. But he being fake, does not means that mean reversion is.
  • #8,347
  • Jul 15, 2023 1:34am Jul 15, 2023 1:34am
Quoting edge540
I've watched some of the "King of Forex" video's but this thread seems to have gone off in another direction, being completely dominated by "cpfleger" the retired rocket scientist. Does anyone know what the King's real name is and where he comes from? Has anyone purchased products from his website?
don't buy his content, it's rubbish. What you see on his free videos is better. The paid stuff explains the strategy similar to this thread, but the rest of it gives no help other than saying 'imagine the profits you'll be making if you bought here and sold here'. No advice on how to identify the entry or exit.

1% is interesting, but I can't be bothered to watch the second video. I didn't pay for either fwiw.

Not sure he's fake. I've traded along with his live videos and made money doing exactly what he says. If I had time, I'd be trying this strategy properly
  • #8,348
  • Jul 15, 2023 2:10am Jul 15, 2023 2:10am
Quoting Donny3rd
Stop making those random trades! Gosh, you're such a gambler!
i can't help it, they have a bad habit of finding their targets!

M1 BTC scalps
Attached Image (click to enlarge)
Click to Enlarge Name: F0B2325B-8CFD-4814-BC78-13F51530E498.png Size: 159 KB


a trade only becomes a gamble when using a stop loss, i am not a gambler, i hate gambling!

Quoting Spank1969
{quote} Hi Nicks, but your system is so in common with that of cpfleger and this discussion I do not understand.
that's ok, i do not understand what you mean either...
every minute matters!
  • #8,349
  • Jul 15, 2023 2:39am Jul 15, 2023 2:39am
M1 BTC countertrend scalp!
Attached Image (click to enlarge)
Click to Enlarge Name: ACD8F287-3F1D-4847-A05E-C6F3A9E39B65.png Size: 88 KB
every minute matters!
  • #8,350
  • Jul 15, 2023 5:35am Jul 15, 2023 5:35am
Quoting Fenty
{quote} Not sure he's fake. I've traded along with his live videos and made money doing exactly what he says. If I had time, I'd be trying this strategy properly
Then I might be wrong! When are these live sessions held / where are they announced? Would be interesting.
  • #8,351
  • Jul 15, 2023 11:41am Jul 15, 2023 11:41am
Quoting Norscalp
{quote} Then I might be wrong! When are these live sessions held / where are they announced? Would be interesting.
for his live trading, you have to be a paid member
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot (145).png Size: 66 KB
without patience how can you be a trader?
  • #8,352
  • Jul 15, 2023 1:27pm Jul 15, 2023 1:27pm
Spank1969,
You need to screenprint the trading Chart as a whole picture for I can see along with the Indicators List, not the indicator window.
cpfleger
  • #8,353
  • Jul 15, 2023 1:29pm Jul 15, 2023 1:29pm
Spank1969,
See my screenprint.
cpfleger
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 327 KB
  • #8,354
  • Jul 15, 2023 1:41pm Jul 15, 2023 1:41pm
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 475 KB
  • #8,355
  • Jul 15, 2023 2:00pm Jul 15, 2023 2:00pm
Quoting Steverino832
{quote} for his live trading, you have to be a paid member {image}
you don't need to pay. Just watch his YouTube channel. I don't think it's ever announced, he just seems to pop up every now and again live trading. You need to pay to ask questions, but don't bother with that, just watch how he trades and trade along if you're comfortable.

I had it go quite wrong following him, but his methods came out with a profit. It's cost averaging but also closing profitable trades when he thinks the market will turn against you again, then making profits again as it goes back up. I'd have bottled it and closed at a fairly big loss if I followed my gut
  • #8,356
  • Jul 15, 2023 2:19pm Jul 15, 2023 2:19pm
Quoting cpfleger
Spank1969, You need to screenprint the trading Chart as a whole picture for I can see along with the Indicators List, not the indicator window. cpfleger
Maybe it's because I use renko?
Attached Image (click to enlarge)
Click to Enlarge Name: Immagine 2023-07-15 211724.jpg Size: 242 KB
  • #8,357
  • Jul 15, 2023 2:29pm Jul 15, 2023 2:29pm
Spank1969,
You are correct as the renko (offline chart) is the driver and the HA Candle Indicator is just overlaying the renko Indicator from 1M Chart.
cpfleger
  • #8,358
  • Jul 15, 2023 2:33pm Jul 15, 2023 2:33pm
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 324 KB
  • #8,359
  • Jul 15, 2023 2:41pm Jul 15, 2023 2:41pm
Attached Image (click to enlarge)
Click to Enlarge Name: KoF.jpg Size: 278 KB
  • #8,360
  • Jul 15, 2023 2:46pm Jul 15, 2023 2:46pm
Quoting cpfleger
Spank1969, You are correct as the renko (offline chart) is the driver and the HA Candle Indicator is just overlaying the renko Indicator from 1M Chart. cpfleger
Thanks
24 traders viewing now