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M1 Countertrend Scalping Strategy

  • #11,521
  • May 17, 2024 2:21am May 17, 2024 2:21am
depends how price is behaving,around 11 also when news hit GMT +2 ,gold can burst up stronger then I would not be surprised to see a massive fall from around-2409
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Make your own rules and stick to it.
  • #11,522
  • May 17, 2024 2:42am May 17, 2024 2:42am
Its not fair that trading is this easy.
4-0.
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  • #11,523
  • May 17, 2024 3:34am May 17, 2024 3:34am
Quoting charli86
{quote} tp3 possible 78100 ,if fall now waiting more deep from pic 1 {image} {image}
closing with a touch of ema 1440 , with a good run of 25+pips,can burst really really hard ,but it is enough with this lot size
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  • #11,524
  • May 17, 2024 5:15am May 17, 2024 5:15am
shorting, already in profit but not interested too much as 1m not cooked properly,also m5 still room ,...will leave like this if took me out ok ,if collapse will search for tp around 22300
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  • #11,525
  • May 17, 2024 5:48am May 17, 2024 5:48am
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  • #11,526
  • May 17, 2024 5:52am May 17, 2024 5:52am
Quoting gringo2019
{image}
I'm familiar with that. I haven't given it a real test drive. But I'm sure I will down the road.

Its a fun way to trade, but I know its proprietary information so be careful about giving out details.
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  • #11,527
  • Edited 6:11am May 17, 2024 6:00am | Edited 6:11am
Well, I started out on the M1 yesterday, but it looked so good to let it ride, so last night I closed on my Eur/Jpy long after the big blue candle.
https://f.bpcdn.co/original/4X/2/d/4...df4715878.jpeg
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  • #11,528
  • May 17, 2024 6:00am May 17, 2024 6:00am
usdzar short now
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  • #11,529
  • May 17, 2024 6:50am May 17, 2024 6:50am
Quoting charli86
usdzar short now
waiting waiting for possible hammer
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  • #11,530
  • May 17, 2024 7:08am May 17, 2024 7:08am
gold possible reacting 2391,but i am focusing on pictures before ,1h tf entering zone slowly,so I would wait more up starting from 2403
Make your own rules and stick to it.
  • #11,531
  • May 17, 2024 7:16am May 17, 2024 7:16am
Quoting charli86
{quote} waiting waiting for possible hammer {image}
it`s ok it`s ok , maybe return to the mother big time
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  • #11,532
  • May 17, 2024 8:03am May 17, 2024 8:03am
M1 EURUSD
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Quoting gringo2019
{image}
i don't see any trades... are you in the real 1% club? can you share with us anything about it!?
every minute matters!
  • #11,533
  • May 17, 2024 8:06am May 17, 2024 8:06am
Quoting charli86
{quote} it`s ok it`s ok , maybe return to the mother big time {image}
returning fully
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Make your own rules and stick to it.
  • #11,534
  • May 17, 2024 8:24am May 17, 2024 8:24am
my ftmo trial #3 ended this morning, 12 hours too early unfortunately! i was in drawdown when it automatically expired, but i had targets and they just hit, so the profit target was reached and all objectives passed, just a bit too late, bugger!
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now running trial #4!
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Quoting charli86
gold possible reacting 2391,but i am focusing on pictures before ,1h tf entering zone slowly,so I would wait more up starting from 2403
it got there and still going, just be careful, good call and great trading charli!
every minute matters!
  • #11,535
  • May 17, 2024 8:50am May 17, 2024 8:50am
M1 EURUSD
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every minute matters!
  • #11,536
  • May 17, 2024 8:50am May 17, 2024 8:50am
Quoting charli86
depends how price is behaving,around 11 also when news hit GMT +2 ,gold can burst up stronger then I would not be surprised to see a massive fall from around-2409 {image}
melting time and finish for me,now as pin bar formed looking even more up, but tp could be 2361, but this is probably next week, would leave the second position open for possible massive fall, but took me out and I open another one....
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Make your own rules and stick to it.
  • #11,537
  • May 17, 2024 9:11am May 17, 2024 9:11am
Quoting niks
M1 EURUSD {image} {quote} i don't see any trades... are you in the real 1% club? can you share with us anything about it!?
Niks, I've been down this road. It's proprietary information and if you put it on the forum Forex factory will have to answer for it.
Golden nuggets of wisdom not offered here.
  • #11,538
  • May 17, 2024 9:13am May 17, 2024 9:13am
Once again, started on the m1 and found myself way down on a euro/usd long. Had to switch to the 30-minute chart to make sure it still works, and it did.
I'm out of the house and driving right now so I don't have access to the screenshot, but you should see the before picture. I actually have all my little trades showing up in this one. I'll try to remember to upload it when I get home.
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  • #11,539
  • May 17, 2024 10:32am May 17, 2024 10:32am
Quoting Present
{quote} Niks, I've been down this road. It's proprietary information and if you put it on the forum Forex factory will have to answer for it.
thank you present but i really have no idea what proprietary information you or the snapshot are referring to and would not suggest anybody breach copyright, i was simply curious about where the trades were at and what is the "real 1% club"!
every minute matters!
  • #11,540
  • May 17, 2024 10:43am May 17, 2024 10:43am
Quoting niks
{quote} thank you present but i really have no idea what proprietary information you or the snapshot are referring to and would not suggest anybody breach copyright, i was simply curious about where the trades were at and what is the "real 1% club"!
Oh of course. I thought others might be interested too so I thought it best to put out the warning. You have to pay the originator of the 1% club $100 or so to get the information. For many people, it's well worth it. But I don't want to advocate for or against it. People will have to do their own searching in this one.

By the way, it breaks my heart that t the time ran out for your ftmo challenge. Great job, my man.
Golden nuggets of wisdom not offered here.
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