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Attachments: M1 Countertrend Scalping Strategy
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M1 Countertrend Scalping Strategy

Done for today
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Gold has nice movement in asia session.
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Another down.
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Yen scalp before asia session end.
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Nice power bar.
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Do you think the position on audusd is good?

lol, expectations were not met
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Quoting Ilya3000
Do you think the position on audusd is good? lol, expectations were not met {image}
I won't sell there.
Why ?
Because. The price is already far from emas.
Counter the trend.
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Nice 200ma touch.
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Done for today.
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Quoting PipsArt
{quote} Я не буду там продавать. Почему? Потому что. Цена уже далека от emas.
Please clarify in relation to which ema you define remoteness? relative to all together or 200?
I'll clarify my failed entry a bit, lol
The price stayed around 200 for some time (either higher or lower)
then it went lower, broke through the resistance level, which was previously tested several times, and rushed down, after which support (ema9) was tested, where there was a good rebound without breaking through
I expected it to be a downward trend I will study further
P.S. sorry for my bad english
Quoting Ilya3000
{quote} Please clarify in relation to which ema you define remoteness? relative to all together or 200? I'll clarify my failed entry a bit, lol The price stayed around 200 for some time (either higher or lower) then it went lower, broke through the resistance level, which was previously tested several times, and rushed down, after which support (ema9) was tested, where there was a good rebound without breaking through I expected it to be a downward trend I will study further P.S. sorry for my bad english
You need to zoom out the chart to see overall market movement to make decision.
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