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M1 Countertrend Scalping Strategy

  • #12,901
  • Nov 20, 2024 6:07am Nov 20, 2024 6:07am
Quoting gringo2019
PipsArt, Faith and confidence in a simple designed and applied Trading System...
And proven this works .
  • #12,902
  • Nov 20, 2024 6:08am Nov 20, 2024 6:08am
Quoting gringo2019
{image}
As you always said, wick never lies
  • #12,903
  • Nov 20, 2024 7:05am Nov 20, 2024 7:05am
Last trade with confidence
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  • #12,904
  • Nov 20, 2024 7:36am Nov 20, 2024 7:36am
anyone care to share where is the strategy, where is the entry point, stop loss and take profit. I am doing backreading but cant find it yet. I know that the thread starter mentioned it in Page 1 but there are many variations now. I just wanted to know the strategy of Niks and Gringo. There are many chart but not mentioned the entry points and the reason for it.

What is your criteria in placing trades and when do you take the SL?

Thanks.
  • #12,905
  • Edited 11:32am Nov 20, 2024 8:59am | Edited 11:32am
Quoting zacktrader08
anyone care to share where is the strategy, where is the entry point, stop loss and take profit. I am doing backreading but cant find it yet. I know that the thread starter mentioned it in Page 1 but there are many variations now. I just wanted to know the strategy of Niks and Gringo. There are many chart but not mentioned the entry points and the reason for it. What is your criteria in placing trades and when do you take the SL? Thanks.
Its all on page 1. The strat in simple terms, when the ema's spread out enter against the trend. Its as simple as that. A large part of the strat involves mastering averaging and getting comfortable in drawdown. We dont use SL here.

Lately this thread has gone a bit off topic with trend trading, displays of money managing techniques and KOF using it as a promotional tool for KOF courses.

The first 200 pages are gold and worth reading through. A lot of the screenshots, even with an explanation can be hard to get your head around. I think after a long enough time staring at the charts intuition builds and certain entries can be hard to put into words.

If you're going to have a bash at this live stick to 0.01 lots for a few months as things can get out of hand quickly if you're not used to being taken for a ride on a tough trend before. Feel free to post some screen grabs for critique.
  • #12,906
  • Nov 20, 2024 12:41pm Nov 20, 2024 12:41pm
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  • #12,907
  • Nov 20, 2024 2:32pm Nov 20, 2024 2:32pm
Quoting zacktrader08
anyone care to share where is the strategy, where is the entry point, stop loss and take profit. I am doing backreading but cant find it yet. I know that the thread starter mentioned it in Page 1 but there are many variations now. I just wanted to know the strategy of Niks and Gringo. There are many chart but not mentioned the entry points and the reason for it. What is your criteria in placing trades and when do you take the SL? Thanks.
Read my post number 12,447
  • #12,908
  • Nov 20, 2024 2:53pm Nov 20, 2024 2:53pm
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  • #12,909
  • Nov 20, 2024 3:02pm Nov 20, 2024 3:02pm
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  • #12,910
  • Nov 20, 2024 3:07pm Nov 20, 2024 3:07pm
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  • #12,911
  • Nov 20, 2024 3:23pm Nov 20, 2024 3:23pm
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  • #12,912
  • Nov 20, 2024 4:38pm Nov 20, 2024 4:38pm
Quoting gringo2019
{image}
I really like this system, simple and easy system.
  • #12,913
  • Nov 20, 2024 8:25pm Nov 20, 2024 8:25pm
Quoting gringo2019
{image}
Hi Guys,
Thanks for the system, how do we get the 200ma to change colours
Ben
  • #12,914
  • Edited 11:22pm Nov 20, 2024 11:10pm | Edited 11:22pm
Quoting btrfx1
{quote} Hi Guys, Thanks for the system, how do we get the 200ma to change colours Ben
I love this template.
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  • #12,915
  • Nov 20, 2024 11:11pm Nov 20, 2024 11:11pm
Quoting btrfx1
{quote} Hi Guys, Thanks for the system, how do we get the 200ma to change colours Ben
on the chart go right click then go to indicators click on the indicator you want to change , go to edit and change the colour
people leave, but this thread will go on for ever
  • #12,916
  • Edited 2:06am Nov 21, 2024 1:23am | Edited 2:06am
Quoting Aussi
{quote} on the chart go right click then go to indicators click on the indicator you want to change , go to edit and change the colour
Hi aussie,
Dam we using cTrader, better go find one I can change colours on hahahaha

I found one in click algo, thanks guys
Ben
  • #12,917
  • Nov 21, 2024 2:46am Nov 21, 2024 2:46am
Quoting btrfx1
{quote} Hi aussie, Dam we using cTrader, better go find one I can change colours on hahahaha I found one in click algo, thanks guys Ben
glad your doing ok mate
people leave, but this thread will go on for ever
  • #12,918
  • Nov 21, 2024 7:33am Nov 21, 2024 7:33am
Quick trade
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  • #12,919
  • Nov 21, 2024 7:37am Nov 21, 2024 7:37am
PipsArt,

Mr 100 Pip is doing his daily trading with excellence.....
  • #12,920
  • Nov 21, 2024 7:37am Nov 21, 2024 7:37am
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