M1 Countertrend Scalping Strategy | Page 504 | 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

  • #10,061
  • Nov 9, 2023 2:57am Nov 9, 2023 2:57am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-11-09 122434.png Size: 25 KB
I haven't come this far to only come this far !
  • #10,062
  • Nov 9, 2023 6:17am Nov 9, 2023 6:17am
M1 XAUUSD - outer channel breach into support targeting midline countertrend scalp!
Attached Image (click to enlarge)
Click to Enlarge Name: xau89.PNG Size: 15 KB

Attached Image (click to enlarge)
Click to Enlarge Name: xau90.PNG Size: 16 KB

Attached Image (click to enlarge)
Click to Enlarge Name: xau91.PNG Size: 18 KB
every minute matters!
  • #10,063
  • Nov 9, 2023 6:46am Nov 9, 2023 6:46am
M1 BTCUSD - using discretion...

as with reading price action, much discretion is required and context is most important when reading price within a keltner channel, the breach was ever so slight but it was about the way it got there that prompted me to enter as it smashed through the inner channel directly to the outer channel offering a nice countertrend opportunity which was scalped very quickly!
Attached Image (click to enlarge)
Click to Enlarge Name: btc137.PNG Size: 14 KB

Attached Image (click to enlarge)
Click to Enlarge Name: btc138.PNG Size: 15 KB
every minute matters!
  • #10,064
  • Nov 9, 2023 9:28am Nov 9, 2023 9:28am
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot 2023-11-09 185726.png Size: 25 KB
I haven't come this far to only come this far !
  • #10,065
  • Nov 9, 2023 11:34pm Nov 9, 2023 11:34pm
M1 BTCUSD - late entry, no problem!
Attached Image (click to enlarge)
Click to Enlarge Name: btc140.PNG Size: 14 KB
every minute matters!
  • #10,066
  • Nov 10, 2023 5:07am Nov 10, 2023 5:07am
I think I will stick with EMA for the time being...
Attached Image (click to enlarge)
Click to Enlarge Name: GOLD#M1.png Size: 18 KB
  • #10,067
  • Nov 10, 2023 6:50am Nov 10, 2023 6:50am
Attached Image (click to enlarge)
Click to Enlarge Name: Entry Exit Indicator.jpg Size: 506 KB
  • #10,068
  • Nov 10, 2023 7:07am Nov 10, 2023 7:07am
Quoting zacktrader08
I think I will stick with EMA for the time being... {image}
that's the right idea to stick with what works before moving onto anything else, the ema strategy
is solid and it's certainly worth learning to become proficient with it...
every minute matters!
  • #10,069
  • Nov 10, 2023 7:08am Nov 10, 2023 7:08am
M1 XAUUSD - one hit wonder!
Attached Image (click to enlarge)
Click to Enlarge Name: xau92.PNG Size: 10 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
every minute matters!
  • #10,070
  • Nov 10, 2023 7:32am Nov 10, 2023 7:32am
Attached Image (click to enlarge)
Click to Enlarge Name: Entry Exit Indicator.jpg Size: 516 KB
  • #10,071
  • Nov 10, 2023 7:51am Nov 10, 2023 7:51am
Counter trend with curious zigzag & RSI -MA

Attached Image (click to enlarge)
Click to Enlarge Name: USDCADmM1.png Size: 38 KB

Attached Image (click to enlarge)
Click to Enlarge Name: GBPUSDmM1.png Size: 19 KB
  • #10,072
  • Nov 10, 2023 7:52am Nov 10, 2023 7:52am
Attached Image (click to enlarge)
Click to Enlarge Name: Entry Exit Indicator.jpg Size: 508 KB
  • #10,073
  • Nov 10, 2023 7:54am Nov 10, 2023 7:54am
Darwati,
Nice to see you back again, keep up the great work.
cpfleger
  • #10,074
  • Nov 10, 2023 8:18am Nov 10, 2023 8:18am
Attached Image (click to enlarge)
Click to Enlarge Name: Entry Exit Indicator.jpg Size: 525 KB
  • #10,075
  • Nov 10, 2023 8:20am Nov 10, 2023 8:20am
Quoting cpfleger
Darwati, Nice to see you back again, keep up the great work. cpfleger
Cpfleger, Just miss posting

Thanks Niks, I took this idea from you Keltner for trend
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 58 KB
  • #10,076
  • Nov 10, 2023 8:44am Nov 10, 2023 8:44am
Quoting Darwati
{quote} Cpfleger, Just miss posting Thanks Niks, I took this idea from you Keltner for trend {image}
you're welcome darwati, let me know if you have any questions about it...

you may also find this useful

RSI candles with Keltner channel MT5
https://www.mql5.com/en/code/23094

all the best!
every minute matters!
  • #10,077
  • Nov 10, 2023 8:46am Nov 10, 2023 8:46am
M1 XAUUSD

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB
every minute matters!
  • #10,078
  • Nov 10, 2023 9:07am Nov 10, 2023 9:07am
M1 XAUUSD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 10 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB
every minute matters!
  • #10,079
  • Nov 10, 2023 9:08am Nov 10, 2023 9:08am
Attached Image (click to enlarge)
Click to Enlarge Name: Entry Exit Indicator.jpg Size: 578 KB
  • #10,080
  • Nov 10, 2023 9:16am Nov 10, 2023 9:16am
Attached Image (click to enlarge)
Click to Enlarge Name: Entry Exit Indicator.jpg Size: 499 KB
15 traders viewing now