Menu
Sister Sites

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

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

Quoting Amiraven
{image}
your execution has moved to the next level amiraven, thanks for sharing, it's truly inspiring!
every minute matters!
M1 XAGUSD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
every minute matters!
Quoting cpfleger
{image}
Can u please share right down corner indicator please. Need for brackeven
Quoting niks
{quote} your execution has moved to the next level amiraven, thanks for sharing, it's truly inspiring!
Thank you Nik !
For a long time, your style of trading has inspired me .
I haven't come this far to only come this far !
M1 AUDUSD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 18 KB


Quoting Amiraven
{quote} Thank you Nik ! For a long time, your trade has inspired me .
it's always my pleasure amirven!
every minute matters!
M1 XAUUSD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 16 KB
every minute matters!
Quoting niks
M1 XAGUSD {image} {image}
The bands on your charts are those Bollinger Bands? May i know settings?
M1 BTCUSD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 19 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB


Quoting BDfx77
{quote} The bands on your charts are those Bollinger Bands? May i know settings?
you can read this
every minute matters!
M1 BTCUSD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 21 KB

Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 15 KB
every minute matters!
Quoting niks
M1 BTCUSD {image} {image}
Hey niks,
It is Wednesday and you can trade EU, GU and even gold.
I'd like to know the reason you are trading an instrument that is very very risky today.
Thanks
"Money is the point" - Saul Goodman
hey mehantrader, they were opportunistic trades that i happened to come across, i would of done the same again here on BTC earlier today if i had actually seen the conditions line up as i did yesterday but missed it...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 14 KB


i agree that btc is risky and highly volatile, but i also think it is important to learn how to deal with such pairs...
every minute matters!
hi niks, could you please give some idea about your counter trade on k channel?
and i have seen your target/tp point is different from KOF, how do you determind your long distance tp and trend? do you watch m5/m15 for trends.
thanks
Quoting niks
M1 XAUUSD {image} {image}
i am confused about counter trade and trend trade. 2nd picture, is it counter trade?
please give me 2 example for understanding.
also
what time is best to trade gold on this system. i know you are trading this strategy more than a year

thanks
EU, M2
With old rules(9/20/50/100 ema)
P.S: guys, I'd like to know what is your ideal lot size for $10000? Currently testing in demo, I'm trading with 1 lot for that 10000 bucks.
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot_20240404-133002_MetaTrader 5.jpg Size: 216 KB
"Money is the point" - Saul Goodman
Quoting BDfx77
hi niks, could you please give some idea about your counter trade on k channel? and i have seen your target/tp point is different from KOF, how do you determind your long distance tp and trend? do you watch m5/m15 for trends. thanks
hi bdfx77, the image in the post above your post plus my two previous btc trades illustrate how i use keltner channel for countertrend trades - i typically wait for a breach and enter in the opposite direction...

ema9 and rsi overextensions can be used as added confirmation, but most important is price action and the context in which the conditions occur, much discretion is required...

targets are complex - it mostly depends on my experience and risk tolerance levels, just target what feels right, i do not use higher timeframes for technical analysis...

the gold trade you have referenced was a countertrend trade, the first picture is the same trade zoomed out and clearly shows a countertrend entry, the second picture is zoomed in and shows the result, obviously it had to move in an uptrend after entry to make profit...

following a trend is not covered in any detail and is not the topic of this thread, however it is important to understand how trends are followed using this strategy so it is best to do further research on KoF videos for that...

best time to trade gold is any time it moves, just be sure you're on the right side of the move, best of luck to you!

Quoting mehantrader
EU, M2 With old rules(9/20/50/100 ema) P.S: guys, I'd like to know what is your ideal lot size for $10000? Currently testing in demo, I'm trading with 1 lot for that 10000 bucks. {image}
nice trades mehantrader, 0.1 lots per 10k balance is KoF's recommendation, i use slightly less as i have very high leverage...

why have you chosen M2?

best of luck with your testing!

M1 XAUUSD
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 17 KB
every minute matters!
Quoting niks
nice trades mehantrader, 0.1 lots per 10k balance is KoF's recommendation, i use slightly less as i have very high leverage... why have you chosen M2? best of luck with your testing!
Thanks, 0.1 for 10k seems ok
I chose M2 at that time because spread was a bit annoying for me for trading on M1 as M2 it gives us more pips.
I wish you the best too
"Money is the point" - Saul Goodman
Quoting mehantrader
{quote} Thanks, 0.1 for 10k seems ok I chose M2 at that time because spread was a bit annoying for me for trading on M1 as M2 it gives us more pips. I wish you the best too
you're welcome and thank you, i'd recommend using less than that if your leverage is less than 100...

M1 XAUUSD - using the keltner channel to revise targets for maximum profits!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 20 KB
every minute matters!
M1 XAUUSD - after a couple more target adjustments tracking the outer edge...
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 22 KB

they were finally reached!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 29 KB
every minute matters!
Gold in them hills!
Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 46 KB
josh1111,
Nice trades...
cpfleger
3 traders viewing now