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M1 Countertrend Scalping Strategy

  • #13,561
  • Jan 4, 2025 8:23am Jan 4, 2025 8:23am
Quoting javipenjamo
This situation that just happened to me in the simulator happens to me many times in the real market, where would I enter? {image}
Hope this screenprint can help.
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  • #13,562
  • Jan 4, 2025 10:41am Jan 4, 2025 10:41am
difficult trend for me
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  • #13,563
  • Jan 4, 2025 11:04am Jan 4, 2025 11:04am
Quoting PipsArt
{quote} Hope this screenprint can help. {image}
hi pipsArt

how you determine you need to wait in the bellow pictures?
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  • #13,564
  • Jan 4, 2025 12:30pm Jan 4, 2025 12:30pm
Quoting axelgr
{quote} hi pipsArt how you determine you need to wait in the bellow pictures? {image}
Simple my friend, its a strong trend. There's nothing there to invite a counter trend trader to jump in.

For me. If I was feeling impatient I may of bought in at the close of that big green power bar. If not there I would of likely got in around where it says 17.9 on the screen grab. As the trends starting to show signs of weakness.

YOU MUST HAVE A GOOD REASON FOR ENTERING. Randomly entering as a trend is in full move is not a good idea. Look back at the big trend on Friday. Think about it. Use your volume indicator for further guidance.
  • #13,565
  • Jan 4, 2025 12:42pm Jan 4, 2025 12:42pm
Quoting javipenjamo
difficult trend for me {image}
That was a monster. How did it feel to ride that thing down? If you were a trend trader you could have retired. I didnt trade Friday as I thought things may get wild but I did paper trade this trend several times over with mixed results. Those are the big trends that countering alone is likely going to do damage.

Again, it looks as if you're just entering randomly. YOU MUST HAVE A REASON FOR ENTERING.
  • #13,566
  • Jan 4, 2025 12:50pm Jan 4, 2025 12:50pm
In this trend of 90 pips EU, I think the most optimal thing would have been to enter closures above EMA 9 to avoid overtrading, what do you think?
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  • #13,567
  • Jan 4, 2025 12:51pm Jan 4, 2025 12:51pm
Quoting PR31D
{quote} Eso fue un monstruo. ¿Cómo te sentiste al caer en esa situación? Si fueras un trader de tendencias, podrías haberte retirado. No operé el viernes porque pensé que las cosas podrían volverse locas, pero hice operaciones de papel con esta tendencia varias veces con resultados mixtos. Esas son las grandes tendencias que contrarrestar por sí solo probablemente hará daño. Una vez más, parece como si estuvieras entrando al azar. DEBES TENER UNA RAZÓN PARA ENTRAR.
I don't enter at random, I hope to see a gap between EMA 9 and from there average until I have profits
  • #13,568
  • Jan 4, 2025 3:00pm Jan 4, 2025 3:00pm
Quoting javipenjamo
{quote} I don't enter at random, I hope to see a gap between EMA 9 and from there average until I have profits
But what is the reason behind each time you enter?

9ema gap is mechanical trading and that doesn't work.
  • #13,569
  • Jan 4, 2025 7:01pm Jan 4, 2025 7:01pm
Quoting PR31D
{quote} Pero, ¿cuál es la razón detrás de cada entrada? La brecha de 9EMA es una operación mecánica y eso no funciona.
Yes, you are right, I must learn to wait for a better moment, I always enter too soon and that causes me to overoperate.
  • #13,570
  • Jan 4, 2025 7:20pm Jan 4, 2025 7:20pm
Quoting axelgr
{quote} hi pipsArt how you determine you need to wait in the bellow pictures? {image}
Price above all MAs
  • #13,571
  • Jan 4, 2025 7:26pm Jan 4, 2025 7:26pm
Quoting PipsArt
{quote} Price above all MAs

sorry but i dont understand..
if the price is above all the MAs you need to enter in a sell trade.. not to wait,right?
  • #13,572
  • Jan 4, 2025 9:43pm Jan 4, 2025 9:43pm
Quoting axelgr
{quote} sorry but i dont understand.. if the price is above all the MAs you need to enter in a sell trade.. not to wait,right?
Yes, but at that time it did not show that the trend strength was weakening, if you input the volume indicator, you will see the average volume above the MA20, where the average movement is still controlled by buyers.
  • #13,573
  • Jan 5, 2025 1:02am Jan 5, 2025 1:02am
Quoting gringo2019
{image}
For those who are still confused about using the KOF system. I highly recommend using this system. follow the rules of screenprint.
The indicator and template attached below that post.
  • #13,574
  • Jan 5, 2025 3:08am Jan 5, 2025 3:08am
Quoting PipsArt
{quote} For those who are still confused about using the KOF system. I highly recommend using this system. follow the rules of screenprint. The indicator and template attached below that post.
To make things clearer for those interested. Read a few posts onwards from PipsArts linked post as theres more information from Gringo about his strat that will help.
  • #13,575
  • Jan 5, 2025 3:33am Jan 5, 2025 3:33am
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  • #13,576
  • Jan 5, 2025 5:25pm Jan 5, 2025 5:25pm
to practice to continue learning
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  • #13,577
  • Jan 6, 2025 4:09am Jan 6, 2025 4:09am
Slow market.
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  • #13,578
  • Jan 6, 2025 5:13am Jan 6, 2025 5:13am
Done for today.
Tired of slow market.

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  • #13,579
  • Jan 6, 2025 7:50am Jan 6, 2025 7:50am
Quoting PipsArt
Done for today. Tired of slow market. {image}
Yes slow but I'm pleased there were some nice spikes. I tried a few with trend entries which all paid off however it felt as if I was jumping in randomly. More practice! I feel 2pm (almost now as its 13:50 for me) is a good time to start winding down for the day. Good start to the week.

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  • #13,580
  • Jan 6, 2025 8:21am Jan 6, 2025 8:21am
Quoting PR31D
{quote} Yes slow but I'm pleased there were some nice spikes. I tried a few with trend entries which all paid off however it felt as if I was jumping in randomly. More practice! I feel 2pm (almost now as its 13:50 for me) is a good time to start winding down for the day. Good start to the week. {image}
Nice trade bro.
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