M1 Countertrend Scalping Strategy

Quoting niks

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M1 AUDUSD - exiting before news hits! {image} safer than taking a gamble! {image}

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Quoting PR31D

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That would of made for an exciting afternoon given how PA played out.

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Quoting PR31D

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I saw this great looking setup on EJ and dived in but due to work I had no access to a screen. I had hoped that a good TSL would look after things however it seems I set it a little to tight. Still, its better than nothing. As the last four Fridays have been brutal for my trading I might sit tomorrow out. If I do get involved it'll be exits on the 50. I'll see how things shape up in the morning. {image} {quote} That would of made for an exciting afternoon given how PA played out.

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Quoting Present

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Woohoo! 36-4 for June with an idiotic mistake on the last loss. Trying not to lose more than a predetermined amount only to watch it go into BIG profit zone minutes after closing. Still. New record profit for 2024. Operation "Don't Blow it" begins for remainder of June.

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Quoting Present

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Woohoo! 36-4 for June with an idiotic mistake on the last loss. Trying not to lose more than a predetermined amount only to watch it go into BIG profit zone minutes after closing. Still. New record profit for 2024. Operation "Don't Blow it" begins for remainder of June.

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Quoting PR31D

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{quote} Good going. Hey I know that feeling where you get out and price decides to rocket away into what would of been big profit. You got out in profit, its all good. I decided to dip my toe in the water today but as I want to get on with other stuff I decided to get out for a small profit and call it a week there. This week, for every additional order after the initial I placed I increased it by 0.01 which has worked out well. See you all on Monday. Have a good weekend when it comes.{image}

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Quoting magistr91

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{image}

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Quoting magistr91

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{image}

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