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M1 Countertrend Scalping Strategy

  • #14,501
  • Mar 20, 2025 11:16am Mar 20, 2025 11:16am
Quoting CM-PunkFX
{quote} And I’ve been practicing for 2 years whenever I have time yet I still get caught in long trends because they happen everyday. For example everyday we come on this forum and everyone shows their way of trading using this strategy. Some keep to the original indicators, some change it a little and all these methods are great to learn about. But the biggest factor nobody talks about and that’s what to do when you get caught in a huge trend. Some just say you can’t do nothing because it happens and some say they have mastered it. But the average...
Trading based on a higher trend, the worst case is going to be a trend reversal, but a trend reversal must have its retracement. In the image I show a case I had yesterday, I was trapped for a moment while the price was making the breakout and when it made its retracement I was able to get out.
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  • #14,502
  • Mar 20, 2025 11:30am Mar 20, 2025 11:30am
Quoting PR31D
{quote} I prefer to see it as the EMA's returning to price. This monster of a trend put a dent in my progress. When it will next appear? {image}
look at the case you show, as I see that the HTF trend is going up, I look for buys when I see retracements in the price, and I add positions if the price goes against me, but I have the probability in my favor by being in an uptrend in HTF
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  • #14,503
  • Mar 20, 2025 12:29pm Mar 20, 2025 12:29pm
The drawdown is killing me.
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  • #14,504
  • Mar 20, 2025 1:22pm Mar 20, 2025 1:22pm
Quoting juceoma
{quote} Trading based on a higher trend, the worst case is going to be a trend reversal, but a trend reversal must have its retracement. In the image I show a case I had yesterday, I was trapped for a moment while the price was making the breakout and when it made its retracement I was able to get out. {image}
Thank you for showing this example my friend... this is a good example of when you get stuck for longer than you expect to be in the trade so its good to see what you did there. But you must have had examples where you have been caught and some examples where you lose surely... unless you manage to win all your trades.
  • #14,505
  • Mar 20, 2025 1:27pm Mar 20, 2025 1:27pm
Quoting Checkz
The drawdown is killing me. {image}
Sadly this is the part that we all want to overcome... no matter how many days the market ranges for you to make good profit, once a huge trend comes along its very difficult to deal with. Sometimes you keep adding and it will eventually either go back to breakeven or go in profit or worst case you blow your account.
  • #14,506
  • Mar 20, 2025 2:05pm Mar 20, 2025 2:05pm
Quoting juceoma
{quote} look at the case you show, as I see that the HTF trend is going up, I look for buys when I see retracements in the price, and I add positions if the price goes against me, but I have the probability in my favor by being in an uptrend in HTF {image}
So once you checked the trend on the higher timeframe which is 30 min chart and it’s going up. Do you then look for buy trades on the 30 min chart or do you still go back to the 1 min chart to look for buys?
  • #14,507
  • Mar 20, 2025 2:08pm Mar 20, 2025 2:08pm
Quoting juceoma
{quote} look at the case you show, as I see that the HTF trend is going up, I look for buys when I see retracements in the price, and I add positions if the price goes against me, but I have the probability in my favor by being in an uptrend in HTF {image}
What are the red, yellow and green ema’s you have here?… are they ema 9, ema 20 and ema 50?
  • #14,508
  • Edited 3:49pm Mar 20, 2025 3:10pm | Edited 3:49pm
GUYS, enough of these back and fort. If the system isn't bringing in profits, leave it and look for something else. Every body trades differently. Experience also plays a part in all these, let's stop the bad blood or hatred. I tried it and it didn't work for me, so I packed my bag and moved on, that's how life is. I still visit the thread from time to time to see if there is something new i can learn. The problem with this kind of system is the large trend wipes off all your profit, but some people have found a way to minimize losses. For one, NIKS chart is always a beauty to see, then came pipsart and Gringo's chart.
They both tried to share their knowledge, its left for you to pick what works and discard what doesn't, Even some of the most skilled traders like the likes of CP, Swisse, Dkrock, mastermind and so many others only shared on a take it or leave it bases. Did it help somebody out there, of course it did.
Market moves up or down
  • #14,509
  • Mar 20, 2025 5:24pm Mar 20, 2025 5:24pm
I only work with EU, since I feel comfortable with its movements, I wait for impulses of more than 40 pips and I have a distance of more than 15-20 pips with the EMA 200 from here I start to work. Try this only on this pair and you will see that your data will change.
  • #14,510
  • Mar 20, 2025 6:22pm Mar 20, 2025 6:22pm
Quoting javipenjamo
I only work with EU, since I feel comfortable with its movements, I wait for impulses of more than 40 pips and I have a distance of more than 15-20 pips with the EMA 200 from here I start to work. Try this only on this pair and you will see that your data will change.
Distance of 15-20 pips with the ema 200? What do you mean?… do you mean you add positions 15-20 pips away from the ema 200?
  • #14,511
  • Mar 20, 2025 11:07pm Mar 20, 2025 11:07pm
After I tried it several times, it turns out that this system is very simple and easy to use.
I attached 1 example of my trade using this system. Hopefully it is clear for trend trading.
Gringo, Thank you for sharing this beautiful and simple system.

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  • #14,512
  • Mar 20, 2025 11:11pm Mar 20, 2025 11:11pm
Quoting axelgr
i lost 3200 with this strategy,and all in one big trend... i follow all the rules but when the trend is coming..no one tell you what to do. not pipsart, not this gringo scammer, no one.. i think with this strategy we need to have at least 10.000 account and not to trade on the first monday and friday of the month. i have a feeling that every individual on this forum that say this strategy works and NOT SAY HOW IT WORKS,HOW TO HAVE AN EXIT PLAN or something, and just put on your eyes their profits,with account cut to not see i dont know what... its...
The reason why I don't post my trading results anymore is because of statements like this. I never meant to show off.
Frankly, I used to be like you. How long have you tried the same system without changing to another system?
It took me 2 years of trying, studying only 2 pairs USDJPY and GBPUSD and until today I still watch videos from KOF to learn to achieve results like now.
KOF uses EMA for targets. If you counter trend, Entry when Price is far from 9ma, then the exit is at EMAs, can be at ema 9, ema 20, ema 50 and ema 200. Simple right?
But you have to understand when to counter. The right time to counter is when the market finishes trending.
Market Cycle: Trend, Range, Trend, Range.
Really Nothing special.

If you feel that this system is not suitable for you, try another system that you feel is suitable, don't force it.

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  • #14,513
  • Mar 21, 2025 1:52am Mar 21, 2025 1:52am
First pips are in...

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  • #14,514
  • Mar 21, 2025 3:07am Mar 21, 2025 3:07am
Counter

Price could not get past the previous low.
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Like it more and more.
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  • #14,515
  • Mar 21, 2025 3:15am Mar 21, 2025 3:15am
Quoting David0
GUYS, enough of these back and fort. If the system isn't bringing in profits, leave it and look for something else. Every body trades differently. Experience also plays a part in all these, let's stop the bad blood or hatred. I tried it and it didn't work for me, so I packed my bag and moved on, that's how life is. I still visit the thread from time to time to see if there is something new i can learn. The problem with this kind of system is the large trend wipes off all your profit, but some people have found a way to minimize losses. For one,...
Maybe its time to take the thread in a new direction.

First to those guys who are getting eaten by the market and blame this strat. Accept that its not the strat, its you. If you werent a pilot, would you get in a plane and believe you could fly because you've read a few instructions on how to fly? Imagine the plane is filled with all your money. Absolutely not. So why would you trade live? I'd suggest you stop begging for indicators, rules from people who will only respond vaguely and are probably not even consistently profitable. It hasnt worked for you so far and its not going to work.

To those who want to keep at this strat. Page one has all the indicators you need. DO NOT CLOUD YOUR THINKING WITH OTHER INDICATORS. Dont use any of Gringo's repainters (we've already seen numerous complaints about it). DONT BUY KOF/Gringo's/CPFLEGER courses. The thing he cant scam you into buying is experience and you'll only get that with TIME & PRACTICE.

Also with feedback, be brutal and give as much clear explanation as possible. If someone contests your advice, talk it out, dont go full rage.

Countering is easier on the emotion to learn than with trend. As with countering the EMA's provide a reference point for price. You can see the pressure. You're more confident in your entries.

If you're getting eaten by the market. Return to paper, practice and post screenshots of how your trades went. You are not missing anything by not trading live except from losing your money. If you are trading live DONT POST PROFIT as it just f*cks with the weak guys. Dont post unrealistic hindsight markups as Gringo did.

Time, practice, feedback and eventually profit. You might find this strat works for you and over time some small with trend moves can be attempted (as im doing now). You will benefit more from posting your bad trades. We're here to learn. In the time I've been learning this. I feel its been like walking ten steps forward then suddenly I get pushed back four. I assess where I went wrong and start walking forward again and it repeats.

For posting screenshots, on a PC (maybe someone can say how to do it on a MAC) you can use the snipping tool and then simply paste it into a forum reply and it will appear in your attachments.
  • #14,516
  • Mar 21, 2025 3:22am Mar 21, 2025 3:22am
Quoting Mr.Moe
First pips are in... {image}
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I can see why you jumped in with the first entry but I feel its too early. Two H highs, your first entry may of just been on the end of a pullback before the trend continued. To me there is no clear sign that price has turned to the downside. I would of waited until price broke through the green horizontal line, showing price is going for a second low before diving in. Otherwise solid stuff.
  • #14,517
  • Mar 21, 2025 4:37am Mar 21, 2025 4:37am
where can i find this indicator?
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  • #14,518
  • Mar 21, 2025 4:47am Mar 21, 2025 4:47am
Quoting axelgr
where can i find this indicator? {image}
Brother, please. You need to stop this. Read my previous posts. It's you I'm talking to.

You dont even know what the indicator you're asking for is. You have absolutely no clue.
  • #14,519
  • Mar 21, 2025 5:19am Mar 21, 2025 5:19am
Quoting axelgr
where can i find this indicator? {image}
Hahahaha...
I think that's enough. I'm done here.
  • #14,520
  • Mar 21, 2025 6:16am Mar 21, 2025 6:16am
Quoting PipsArt
{quote} Hahahaha... I think that's enough. I'm done here.
Na man, please stay and contribute with your screens
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