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M1 Countertrend Scalping Strategy

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  • Post #9,641
  • Quote
  • Sep 19, 2023 4:58am Sep 19, 2023 4:58am
  •  d00lar
  • | Joined Apr 2011 | Status: Member | 12 Posts
Quoting niks
Disliked
{quote} because i would of made less profit if i was selling!
Ignored
but how did You known ?
 
1
  • Post #9,642
  • Quote
  • Sep 19, 2023 6:10am Sep 19, 2023 6:10am
  •  niks
  • Joined Dec 2022 | Status: Member | 991 Posts
i did not know, i anticipated based on the previous trade and price action, like the trade below!

M1 GBP countertrend scalps - would you hold that extra bit? do you trust your ability to make trading decisions?
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  • Post #9,643
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  • Sep 19, 2023 10:55am Sep 19, 2023 10:55am
  •  josh1111
  • | Joined Nov 2022 | Status: Member | 539 Posts
Some Pips both ways.
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  • Post #9,644
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  • Sep 19, 2023 11:19pm Sep 19, 2023 11:19pm
  •  niks
  • Joined Dec 2022 | Status: Member | 991 Posts
Quoting josh1111
Disliked
Some Pips both ways. {image}
Ignored
good to see you back in action josh, nice scalps!

M1 EUR countertrend scalps - ema200 bounce and pullback!
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  • Post #9,645
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  • Sep 20, 2023 1:19am Sep 20, 2023 1:19am
  •  Darwati
  • Joined Oct 2022 | Status: Member | 489 Posts
CounterTrend , Mini Trend & Trend are just terms

It is wise to use all three to gain profit
UJ
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  • Post #9,646
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  • Sep 20, 2023 1:40am Sep 20, 2023 1:40am
  •  niks
  • Joined Dec 2022 | Status: Member | 991 Posts
i'm always trying darwati!

M1 EUR countertrend scalps - catching the bottom, catching the top!
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  • Post #9,647
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  • Sep 20, 2023 1:41am Sep 20, 2023 1:41am
  •  Darwati
  • Joined Oct 2022 | Status: Member | 489 Posts
Start counter trend
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5
  • Post #9,648
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  • Sep 20, 2023 2:10am Sep 20, 2023 2:10am
  •  niks
  • Joined Dec 2022 | Status: Member | 991 Posts
M1 EUR countertrend scalps - right place, right time!
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  • Post #9,649
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  • Sep 20, 2023 3:30am Sep 20, 2023 3:30am
  •  Amiraven
  • | Joined Apr 2023 | Status: Member | 237 Posts | Online Now
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I haven't come this far to only come this far !
 
3
  • Post #9,650
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  • Sep 20, 2023 3:44am Sep 20, 2023 3:44am
  •  niks
  • Joined Dec 2022 | Status: Member | 991 Posts
Quoting Amiraven
Disliked
{image}
Ignored
nice warm up trade amiraven!

keltner view of todays trades so far...
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some interesting observations!
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  • Post #9,651
  • Quote
  • Sep 20, 2023 6:38am Sep 20, 2023 6:38am
  •  Darwati
  • Joined Oct 2022 | Status: Member | 489 Posts
CounterTrend-MiniTrend-Trend

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2
  • Post #9,652
  • Quote
  • Sep 20, 2023 7:59am Sep 20, 2023 7:59am
  •  niks
  • Joined Dec 2022 | Status: Member | 991 Posts
M1 EUR countertrend scalps - countertrend to trend targeting resistance!
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  • Post #9,653
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  • Sep 20, 2023 8:48am Sep 20, 2023 8:48am
  •  Darwati
  • Joined Oct 2022 | Status: Member | 489 Posts
Trend EMA 200
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2
  • Post #9,654
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  • Sep 20, 2023 9:08am Sep 20, 2023 9:08am
  •  josh1111
  • | Joined Nov 2022 | Status: Member | 539 Posts
Quoting niks
Disliked
{quote} good to see you back in action josh, nice scalps! M1 EUR countertrend scalps - ema200 bounce and pullback! {image}
Ignored
Thanks Niks I have been in action the whole time. Been too busy losing real money to be posting, how about you guys?
Making any real money? I am still hoping I can make a living this way eventually.
Plus I trade trend and countertrend these days and I'm not sure people on this forum would appreciate me putting up a ton of Trend trades???
 
1
  • Post #9,655
  • Quote
  • Sep 20, 2023 9:23am Sep 20, 2023 9:23am
  •  Amiraven
  • | Joined Apr 2023 | Status: Member | 237 Posts | Online Now
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I haven't come this far to only come this far !
 
2
  • Post #9,656
  • Quote
  • Sep 20, 2023 9:23am Sep 20, 2023 9:23am
  •  niks
  • Joined Dec 2022 | Status: Member | 991 Posts
Quoting josh1111
Disliked
{quote} Thanks Niks I have been in action the whole time. Been too busy losing real money to be posting, how about you guys? Making any real money? I am still hoping I can make a living this way eventually. Plus I trade trend and countertrend these days and I'm not sure people on this forum would appreciate me putting up a ton of Trend trades???
Ignored
hey no problem josh, it's a difficult cyclical process and it takes much time and deliberate practice for improvement, the obvious consideration would be to go back to demo and sim for further improvement and proven results before attempting live trading again, i've been through exactly the same process and fortunately came out the other end and am making real money as we speak and on track to making a living off it, very slowly but surely! i'll post updates of both my live and demo accounts at the end of the month...
countertrend and trend are intertwined, of course you can post whatever you wish! wish you the best of luck for your improvement...
 
1
  • Post #9,657
  • Quote
  • Sep 20, 2023 9:28am Sep 20, 2023 9:28am
  •  niks
  • Joined Dec 2022 | Status: Member | 991 Posts
M1 EUR countertrend scalps - "one knife is easier to keep sharp" - darwati
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  • Post #9,658
  • Quote
  • Sep 20, 2023 9:40am Sep 20, 2023 9:40am
  •  josh1111
  • | Joined Nov 2022 | Status: Member | 539 Posts
Quoting niks
Disliked
{quote} hey no problem josh, it's a difficult cyclical process and it takes much time and deliberate practice for improvement, the obvious consideration would be to go back to demo and sim for further improvement and proven results before attempting live trading again, i've been through exactly the same process and fortunately came out the other end and am making real money as we speak and on track to making a living off it, very slowly but surely! i'll post updates of both my live and demo accounts at the end of the month... countertrend and trend...
Ignored
Appreciate the positivity.
I don't care where it is going as long as I can surf the wave and not crash!
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2
  • Post #9,659
  • Quote
  • Sep 20, 2023 10:00am Sep 20, 2023 10:00am
  •  Amiraven
  • | Joined Apr 2023 | Status: Member | 237 Posts | Online Now
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I haven't come this far to only come this far !
 
2
  • Post #9,660
  • Quote
  • Sep 20, 2023 10:33am Sep 20, 2023 10:33am
  •  Amiraven
  • | Joined Apr 2023 | Status: Member | 237 Posts | Online Now
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I haven't come this far to only come this far !
 
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