M1 BTCUSD - targeting the big round number!
every minute matters!
M1 Countertrend Scalping Strategy
- #10,942
- Feb 18, 2024 2:01am Feb 18, 2024 2:01am
- Joined Dec 2022 | Status: Trader | 3,283 Posts
M1 BTCUSD - and again!
every minute matters!
- #10,943
- Feb 18, 2024 2:09am Feb 18, 2024 2:09am
- Joined Dec 2022 | Status: Trader | 3,283 Posts
M1 BTCUSD - and then targeting the break!
every minute matters!
- #10,945
- Feb 18, 2024 4:56pm Feb 18, 2024 4:56pm
- Joined Dec 2022 | Status: Trader | 3,283 Posts
M1 BTCUSD - lucrative big round number!
that is for gamblers, not traders, which one are you?
I found an interesting read, you all might benefit from
every minute matters!
- #10,947
- Feb 18, 2024 5:22pm Feb 18, 2024 5:22pm
- Joined Dec 2022 | Status: Trader | 3,283 Posts
every minute matters!
- #10,948
- Feb 18, 2024 10:04pm Feb 18, 2024 10:04pm
- Joined Dec 2022 | Status: Trader | 3,283 Posts
M1 BTCUSD - as the break above big round number holds, i buy dips down towards it and target prior resistance!
every minute matters!
- #10,949
- Feb 18, 2024 11:24pm Feb 18, 2024 11:24pm
- Joined Dec 2022 | Status: Trader | 3,283 Posts
M1 BTCUSD - onwards and upwards for QUICK profits!
every minute matters!
- #10,950
- Feb 19, 2024 4:54am Feb 19, 2024 4:54am
- Joined Dec 2022 | Status: Trader | 3,283 Posts
M1 BTCUSD - onwards and upwards for BIG profits!
every minute matters!
- #10,952
- Feb 19, 2024 12:06pm Feb 19, 2024 12:06pm
M1 BTCUSD {image} "practice makes perfect - of course with more practice you the trader actually can only improve through more practice and experience" - KoF
I wasnt able to get much time on the screen today but did manage to get into a few trades. I found my usual AUD, GBP, EURUSD to be painfully slow so after some staring at AUXUSD decided to hop in. Only one bad trade today (see below) where I went against my plan and fired in a second order far too close to the original. I knew I'd made a mistake as soon as I launched into it so decided to close out both and focus on my work for a while. Another day of gain albeit very small!
- #10,953
- Feb 19, 2024 4:35pm Feb 19, 2024 4:35pm
- Joined Dec 2022 | Status: Trader | 3,283 Posts
{quote} I'll have a watch of this tonight to see if I can pick anything up from the KoF. I wasnt able to get much time on the screen today but did manage to get into a few trades. Another day of gain albeit very small!
you didn't miss much, i always expect little or no profits on such days and yesterday was such a day!
every minute matters!
- #10,955
- Feb 19, 2024 10:01pm Feb 19, 2024 10:01pm
- Joined Dec 2022 | Status: Trader | 3,283 Posts
M1 XAUUSD
every minute matters!
- #10,959
- Feb 20, 2024 9:59am Feb 20, 2024 9:59am
Hello Everyone, I've been following this thread for some time now and i want to say that i really appreciate all that you do here. It's a privilege to find you here. I'm not a full-time trader and I've been on and off, blowing accounts and all sorts. I've also been practicing the KoF EMA strategy and the resources i found here have been helpful, particularly the EMA 2023 V3. Ideas and resources from Abade, CPFleger, niks snd others have been helpful. Thank you all.
{quote} it's a great example of managing risk when things don't go to plan... you didn't miss much, i always expect little or no profits on such days and yesterday was such a day!
KoF seems to know when to weigh up a trend to dig himself out DD when countering. If it were me I'd be holding onto every position until I was in the clear yet he often starts closing orders in profit as the price goes in his favour. Im thinking 'what are you doing just hold on!? What if price turns again!?'. I guess its a time thing.
Today was a lot more lively with my usual pairs. At one point with DD getting near the 2% mark I was considering bailing but I decided to ride it out and I'm glad I did. Account gain of 0.49%, best in a long while and I feel I stuck to the plan quite well.
I know it seems to be in the minority here but for anyone using Tradingview, watch out for TP levels hiding behind active orders on the chart screen. I thought I had lined up all my TP's together however there was one hiding. Its not the first time this has happened where Im wondering why I have an order(s) still on the go after the TP hit sound has played. Finding a TP or two residing around a level of a previous order. Keep an eye in the orders tab that all TP's are the same if you're doing it as I do. I've played around with every setting I can find and there doesnt seem to be a way to adjust the location, shape or size of the TP marker.
One plus of using Tradingview is there is an easy way to find your BE level for all active orders. Simply mark up your order arrows on the chart using the vertical line drawing tool, replay the current action adding orders where the vertical lines are and it'll show where you BE. Add a few pips if you pay commission.
