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M1 Countertrend Scalping Strategy

  • #10,061
  • Nov 9, 2023 12:57am Nov 9, 2023 12:57am
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I haven't come this far to only come this far !
  • #10,062
  • Nov 9, 2023 4:17am Nov 9, 2023 4:17am
M1 XAUUSD - outer channel breach into support targeting midline countertrend scalp!
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every minute matters!
  • #10,063
  • Nov 9, 2023 4:46am Nov 9, 2023 4:46am
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!
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every minute matters!
  • #10,064
  • Nov 9, 2023 7:28am Nov 9, 2023 7:28am
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I haven't come this far to only come this far !
  • #10,065
  • Nov 9, 2023 9:34pm Nov 9, 2023 9:34pm
M1 BTCUSD - late entry, no problem!
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every minute matters!
  • #10,066
  • Nov 10, 2023 3:07am Nov 10, 2023 3:07am
I think I will stick with EMA for the time being...
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  • #10,067
  • Nov 10, 2023 4:50am Nov 10, 2023 4:50am
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  • #10,068
  • Nov 10, 2023 5:07am Nov 10, 2023 5:07am
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 5:08am Nov 10, 2023 5:08am
M1 XAUUSD - one hit wonder!
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every minute matters!
  • #10,070
  • Nov 10, 2023 5:32am Nov 10, 2023 5:32am
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  • #10,071
  • Nov 10, 2023 5:51am Nov 10, 2023 5:51am
Counter trend with curious zigzag & RSI -MA

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  • #10,072
  • Nov 10, 2023 5:52am Nov 10, 2023 5:52am
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  • #10,073
  • Nov 10, 2023 5:54am Nov 10, 2023 5:54am
Darwati,
Nice to see you back again, keep up the great work.
cpfleger
  • #10,074
  • Nov 10, 2023 6:18am Nov 10, 2023 6:18am
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  • #10,075
  • Nov 10, 2023 6:20am Nov 10, 2023 6:20am
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
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  • #10,076
  • Nov 10, 2023 6:44am Nov 10, 2023 6:44am
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 6:46am Nov 10, 2023 6:46am
M1 XAUUSD

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every minute matters!
  • #10,078
  • Nov 10, 2023 7:07am Nov 10, 2023 7:07am
M1 XAUUSD
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every minute matters!
  • #10,079
  • Nov 10, 2023 7:08am Nov 10, 2023 7:08am
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  • #10,080
  • Nov 10, 2023 7:16am Nov 10, 2023 7:16am
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