M1 Countertrend Scalping Strategy

javipenjamo,

You do know this is the best trading system in FF Forums ????
And YOU are becoming a Process Master, just keep smiling.

Would you be able to mark up your entries and exits in your screenshots for a while?

following the colors

Did anyone capture this?

I prefer the white background, easier on the eyes...

What are these screenshots meant to show exactly? The two arrows showing profit does what for those learning?

I have used your system for nearly a week now and I believe I know why there hasnt been any newbies reviewing it. Its too simple and in that it allows for newbie traders, those learning, to easily get caught up in a big trend that they cant average out of/take a big loss. Its okay to have the regulars here use and them sing its praises but it doesnt prove it works as a standalone, the guys here are already successful with their own systems.

SL eats away at the account, even tight SL's often ping out in loss or a profit so small its eaten by commission. I had more luck with the system on higher timeframes however its branching away from this threads original strat.

PR31D,

I have over the last few months shown newbies, which are not many now, how to trade with a few systems.
Now, you, like other traders know you must find a system that works for you and only you.
A few traders, see the last few posts are happy with a trading system are showing their trades unlike you, which you have not shown any over the last week...
So, find a trading system that you like, which is the wonder of this Forum, choose to your hearts content. When happy, show us.

My screenprints over the last few days are just to motivate the reviewers who come and go that there is a system that works, and the black arrows are directional or informational. Do NOT make trading hard as it is NOT.

arrow and same color, let's go to the fight

I had this problem, my solution was to use only one pair, to know him better than my father, to see his movements, times, news... so I know how much I can average and not even shoot because yes, each operation must already be in your head before to turn on the PC. And now I am using a very small account to psychologically learn to cut and start from scratch, not just averaging, but being more accurate.

this is an interesting system, i will test it, hopes to not blow my account, im with ftmo 10k atm

javipenjamo,

Correct my man, one must learn the basics before he can move forward as Cost Averaging is riskier as most traders do NOT have enough money to risk.
Go slow to learn and improve thy self as only YOU must learn to trade.

I will be off for 2 - 3 days to celebrate Chinese New Year.
Happy Chinese New Year to those who celebrate