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M1 Countertrend Scalping Strategy

  • #10,721
  • Jan 25, 2024 5:14am Jan 25, 2024 5:14am
M1 EURUSD
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every minute matters!
  • #10,722
  • Jan 25, 2024 5:32am Jan 25, 2024 5:32am
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  • #10,723
  • Jan 25, 2024 5:36am Jan 25, 2024 5:36am
M1 EURUSD
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every minute matters!
  • #10,724
  • Jan 25, 2024 5:39am Jan 25, 2024 5:39am
M1 XAUUSD
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every minute matters!
  • #10,725
  • Jan 25, 2024 5:40am Jan 25, 2024 5:40am
M1 XAGUSD
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every minute matters!
  • #10,726
  • Jan 25, 2024 5:42am Jan 25, 2024 5:42am
M1 EURUSD
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every minute matters!
  • #10,727
  • Jan 25, 2024 10:07am Jan 25, 2024 10:07am
Quoting BernardoAmar
The values of the adapting moving average bands are made for brick size 0.5 pips renko, if you want increase the brick size, increase 200 points on the adaptive moving average levels for every brick size 0.5 pips increase
Doesn't see any indicators than template was loading..
  • #10,728
  • Jan 25, 2024 12:48pm Jan 25, 2024 12:48pm
Great thread. I've managed to read through 1100+ posts and there is a lot of good information on hand.

One thing that I'm still unsure of is how do you know which EMA to wait for once you are several orders deep? If its a tough trend do you just want to break even and get some margin back? If theres a big push towards break even do you close out with minimal loss if it looks like momentum is lessening and the price could turn?

I bought the EMA strat from KOF's site in the hopes of him clearing it up and adding a few more pointers but unfortunately I found his video had nothing you cant learn by watching his live trading or find within this thread.
  • #10,729
  • Jan 25, 2024 4:13pm Jan 25, 2024 4:13pm
PR13D,
If you back to page 1 and review Abades attached KoF Tough Trend Video you may find it helpful.
If you have listened to KoF EMA paid Course, he will tell you to exit at a loss unlike the free YouTube Video's as he is only showing countertrend on most YouTube video's.
The real secret is to wait out the Candle from bouncing off the 9 EMA a few times and then countertrend...
cpfleger
  • #10,730
  • Jan 25, 2024 6:50pm Jan 25, 2024 6:50pm
M1 GBPUSD
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every minute matters!
  • #10,731
  • Jan 25, 2024 9:33pm Jan 25, 2024 9:33pm
M1 XAUUSD
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every minute matters!
  • #10,732
  • Jan 25, 2024 9:36pm Jan 25, 2024 9:36pm
M1 GBPUSD
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every minute matters!
  • #10,733
  • Jan 25, 2024 10:13pm Jan 25, 2024 10:13pm
M1 XAUUSD
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every minute matters!
  • #10,734
  • Jan 26, 2024 3:02am Jan 26, 2024 3:02am
M1 GBPUSD
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every minute matters!
  • #10,735
  • Edited 3:28am Jan 26, 2024 3:05am | Edited 3:28am
Quoting cpfleger
PR13D, If you back to page 1 and review Abades attached KoF Tough Trend Video you may find it helpful. If you have listened to KoF EMA paid Course, he will tell you to exit at a loss unlike the free YouTube Video's as he is only showing countertrend on most YouTube video's. The real secret is to wait out the Candle from bouncing off the 9 EMA a few times and then countertrend... cpfleger
I have been using KoF's tough trend method, combining it with Abades rule with price having to first touch the 50EMA before starting to countertrend. With a $500 account I am limited to 6-10 0.01 lots depending on the pair so I try to not over leverage too quickly. I'll test your suggestion, thanks.

Hopped in on these two below, exiting on EMA9 for overall gain. Price then continued down to tap through the 200 -_-

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Done for now.

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  • #10,736
  • Jan 26, 2024 3:24am Jan 26, 2024 3:24am
M1 EURUSD
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every minute matters!
  • #10,737
  • Jan 26, 2024 3:34am Jan 26, 2024 3:34am
Quoting cpfleger
PR13D, If you back to page 1 and review Abades attached KoF Tough Trend Video you may find it helpful. If you have listened to KoF EMA paid Course, he will tell you to exit at a loss unlike the free YouTube Video's as he is only showing countertrend on most YouTube video's. The real secret is to wait out the Candle from bouncing off the 9 EMA a few times and then countertrend... cpfleger
Interesting view, thank you. I always have problems with that cause market made already 5-10 pips from low when you wait until that confirmation but probably that is better than my technique. You buy than into a consolidation. I don't like that but with that off-bounce it could work.
  • #10,738
  • Jan 26, 2024 3:49am Jan 26, 2024 3:49am
JackintheBox,
Most Trader get confused by the free video's due to the fact KoF is performing countertrend trades with great success. The purchased Course teaches both trend and countertrend and he does tell you to exit when the market is against you at a small loss and this is the real purpose of trading - capability to do both.
You must have at least 500 usd in real money to play this high risk / high reward trading method.
The MA's are the guidance and your friends.
cpfleger
  • #10,739
  • Jan 26, 2024 4:28am Jan 26, 2024 4:28am
JackintheBox,
An example for your eyes.
I prefer the 5M TF BUT it does happen on all TF's as the KoF has stated over 3 years now.
Find the TF that suits YOU.
cpfleger
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  • #10,740
  • Jan 26, 2024 4:33am Jan 26, 2024 4:33am
PR31D.
My example on your Chart.
cpfleger
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