M1 Countertrend Scalping Strategy

M1 AUDUSD

M1 AUDUSD - anticipation becomes reality

M1 XAUUSD

M1 XAUUSD

M1 XAUUSD

M1 XAUUSD

nice trade amiraven, it gained almost 100 pips from that point and had plenty to offer!

weekend inspiration!

billion dollar day

"https://www.youtube.com/watch?v=TxlTHZ0GmxU"

Part of my everyday work/preparation/analysis call it whatever is spotting the 'difficult' areas of price action intraday... you know, those niggly nasty little sideways consolidations that no-one wants to look at, let alone trade, or if they do, they get burned (yes, self confession). My reasoning is that if I can crack them, I can trade anything.
Here is AU M1 in a 25 pip range. What I look for are the climactic extremes of price, even in a small sideways range like this, that I can trade the reversals successfully, and their characteristics. What I am learning is that there is a huge difference between the reversals from those extremes, and those that are still very close to the 9 EMA and haven't travelled very far from 'EQ' = 200 EMA.
Hope that all made sense.

and here is the same chart with only the 200 EMA... does this make it easier to read? Interesting thought...

yes, it all makes sense soncivista...

it is easier to conceptualise the ema strategy's central theme of price revolving around ema200, but without the other ema's, the entry points are not as clear and you are left relying on pure price action support and resistance for these timing points...

it is recommended to countertrend when price returns to ema200 after a strong trend until such time that it breaks out again and moves away from ema200, your snapshot is a perfect example of this!

if you want to remove the other ema's, perhaps consider using a finely tuned RSI for entry points...

M1 BTCUSD - ema200 can be a tough nut to crack sometimes!

yes the 200 EMA is really central isn't it, literally the 'EQ' equilibrium area of all price action...
here is Gold at around the same time as the AU charts I just posted... the red horiz line is the previous days high. note when NY opens at 15:00 the increased VOL and subsequent price movement.

yes. it is central to the full ema strategy for sure..

the snapshot you just posted encapsulates the complete full ema strategy perfectly! the red line is where you would stop countertrending and take losses if long positions were open before moving onto trend trades or waiting for a return to ema200... similarly if the resistance broke and an uptrend started instead while you had short positions open...

on the left is where you would of exited your trend trade and started to countertrend the rallies back down to ema200, then countertrend the range around ema200 until it broke, then ride the downtrend\uptrend and do it all again!

Hello Amiraven,
can you please share the indicator applied to the candle chart? red-green Thank you very much

Hi Juki55,
Yes, for sure !