M1 Countertrend Scalping Strategy

Necro'd. Nice work, my man. I need to modify my ModifySL script to move all SL to breakeven once price has moved a certain number of pips in our favour.

M1 EUR scalps - trying to pick the trend!


knowing when NOT to countertrend - during extended periods of ema200 touches, follow the trend instead, or wait for a reversal and new trend to form, countertrending will be a battle between you and the market and the market never loses a battle!

entered two orders short anticipating reversal into downtrend due to crossing ema's and price catching up with ema200 - that idea failed so entered three more shorts as countertrend trades, they were successful, then the initially anticipated downtrend begins after first breaking below ema200 and holding - a failed attempt to break back above ema200 due to resistance at ema50 resulted in another order short... but that failed as well as price continued moving up above ema200!

so not good at picking the trend up to this stage...

now, the bullish engulfment after the last order had me on guard for an uptrend continuation, but the
relatively low volume backing the up move and ema9 overextension into resistance provided another excellent countertrend opportunity, so of course, i took it, entering another three orders short, possibly starting a losing battle with the market!

instead, a volume increase provides enough force to break back below ema200 hitting targets for the countertrend trades - but still waiting for the downtrend to actually start and hit remaining targets...

not likely while volume decreases again and price moves back up to ema200, although as it does it is unable to break back above and hold this time, and now ema20 and ema50 are getting ready to cross ema200 and price is bouncing off ema9 as it moves lower, looking good now for a downtrend!

after one final push up, another volume increase provides enough force to break support levels to hit all remaining targets!!!

M1 EUR countertrend scalp - taking advantage of resistance targeting support...

M1 EUR countertrend scalps - using resistance while it's hot!

Hello all,


I have been following this thread for a few weeks and going through the several hundred pages (currently on 200 something) as well as watching the youtube videos from KOF, is anyone currently trading this system and being consistent with it?


This seems like quite an aggressive trading strategy when I see KOF trading and opening several of the same position, it worries me to think if the markets take a turn this will quickly blow your profits/account, I see his main goal is to counter trend and buy/sell when price moves away from the MA with the expectation that the market will always return to the MA, but this is not always the case and the MA will move with the markets so surely its just a waiting game until it turns and without a SL this could turn bad very quickly.


This happened to me yesterday, I placed several trades (on a demo) and was successful in most and would have made some nice profits, then on another trade the markets turned and quickly swallowed those profits by the losses.

Perfect !

M1 EUR countertrend scalps - still using resistance and support!


thanks amiraven! it was a well timed entry and exit with a decent pip haul, just wish there were more orders to go with it...

your entries at the top of the wick resistance on the eur were also exceptionally timed, hope you got some nice profits out of that, especially if you waited for ema200...

good luck with the gold trade, it looks like a ripper!

It's all about potential reversal zone !
Happy trading everyone !

There is a flip side to that coin !

Guy, you are killing it well done!

Thanks for your support Steve !

M1 EUR countertrend scalp - targeting the HUGE gap!



that's why a brave heart is required! well done...

M1 EUR countertrend scalp - targeting support again!

Not sure if I am following this strategy right but, my entries went against me so I followed what KOF said and added to positions then waited for prices to return back to EMAs which eventually after lots of anxiety it did (demo account but still unsettling) not sure if this is the correct method or not and scary to think what if it didn't turn around.

Welcome @ForexTradey. Some tips based on the provided example:

1) You are trading 5 lots per position in a 50,000 account, that's x10 times bigger than the recommended size. Try 0.5 instead for this demo account (0.01 per $1000).
2) You are using all your bullets (entries) around the same level. Try to spread your positions using the "9 EMA crossing the latest entry line" rule described in post #1 to prevent this.
3) You have HA candles ON but still ignoring their readings. You may notice that they have no upper wicks, this means price is falling with a considerable speed. I recommend you research Cpfleger's posts if you want to use them effectively.
4) You are trading using a commision account, in my opinion/experience this is not optimal at all.
5) This is not a "do or die" on your first entry approach, try to save bullets and catch these turning points:



6) Wait until the fast EMAs 9, 20 and 50 cross the 200 EMA before even considering your first trade, remember that you are inside a strong reversal, so drawdown is expected. I personally like to wait for a strong pullback before my first entries and works most of the time.

7) You don't need price to return to your initial position to make profits or breakeven, that's what cost averaging is for (it's not a KoF invention BTW).

And YES it's a risky method as stated in post #1, this is why you should build experience and good psychology (patience) to endure these ups and downs.

Hope this helps

It only swallows them if you close at a loss. Choke it with patience! On the higher time frames you'll see mean reversion of a different scale. It can give hope. Price action, mean reversion, anything to do with the markets is fractal in nature.

I second the welcome and was going to bring up several points but Abade already made them and more. He gave you a wealth of knowledge. Use it and it'll serve as a good foundation to your own strategy. Just keep practicing and getting chart time. Back testing is great and all, but in my opinion nothing beats forward testing for that real time market feel. Also, practice in the time you'd actually trade. Different times of day, aka session of the market, all act a bit differently. Get to know the market during your available time.