M1 Countertrend Scalping Strategy

Quoting skyline

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6 pips on GBPUSD M5 just to start the day {image}

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Quoting Jadalawar

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hey all hope you are well, i trade with this strategy as abade said in the first post but sometime the market go a very long trend and i enter new positions when 9 ema touches the last price line, i keep entering till it return to the 200 ema but when it is return i would have a big lost when there is a big trends, what i should do in this situation? i accept it and lose? or there is a new way to do not keep entering to don't get a big lose when it return to the 200 ema. sorry for my english and hope you can help me with that and thank you.

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Quoting Mr.Moe

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{quote} You have to add more positions or enter with a slightly higher lot size to average out your loosing positions. If you are stuck in a tough trend you have to add up more and more to get out at BE or with a win at the 200. Just adding one position when the 9 is crossing your previous orders isn't enough. You have to load it up.

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Quoting Jadalawar

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{quote} thank you for a reply and yeah i enter more then 1 position ofcourse i enter sometimes more then 15 positions, everytime the ema 9 when touches my last enter position i enter new position and keep adding till it return to the 200 ema, but when it return i end with a big lose because you know the 200 ema follow the price. that is my only problem on this strategy, the big and tough trends.

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Quoting Jadalawar

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{quote} thank you for a reply and yeah i enter more then 1 position ofcourse i enter sometimes more then 15 positions, everytime the ema 9 when touches my last enter position i enter new position and keep adding till it return to the 200 ema, but when it return i end with a big lose because you know the 200 ema follow the price. that is my only problem on this strategy, the big and tough trends.

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Quoting Jadalawar

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{quote} thank you for a reply and yeah i enter more then 1 position ofcourse i enter sometimes more then 15 positions, everytime the ema 9 when touches my last enter position i enter new position and keep adding till it return to the 200 ema, but when it return i end with a big lose because you know the 200 ema follow the price. that is my only problem on this strategy, the big and tough trends.

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Quoting Jadalawar

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hey all hope you are well, i trade with this strategy as abade said in the first post but sometime the market go a very long trend and i enter new positions when 9 ema touches the last price line, i keep entering till it return to the 200 ema but when it is return i would have a big lost when there is a big trends, what i should do in this situation? i accept it and lose? or there is a new way to do not keep entering to don't get a big lose when it return to the 200 ema. sorry for my english and hope you can help me with that and thank you.

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Quoting Mr.Moe

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Definately out now! {image} Got caught i a massive DD again after it didn't respect any previous support and broke out south. Tried to average it out until I ran out of margin. Luckily it retraced then and I got out with a tiny loss. Overall the best day this week with over 600 pippers after commission Wishing everyone a good weeken!

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Quoting skyline

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Hello everyone, I wanted to first of all thank Abade for starting this interesting thread This trading system reminds me very closely of another thread started by Riskcuit called 'A simple mean reversion strategy' https://www.forexfactory.com/thread/...rsion-strategy where a very similar approach is used although on higher timeframes (like M15, H1) and where SMA200 was used as a target, too bad that thread has lost interest and also the author seems to have disappeared. I am currently concentrating using...

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