M1 Countertrend Scalping Strategy

while your quite in some aspects that you could just trade with the Heikin Ashi candles and enter and exit from candle color changes, on a ranging day it will really deliver a lot of loses.

Do you not see how you contradict yourself?

Really?

A Trading Platform Indicator does NOT make the TRADER, the Human must learn the indicator's functionality, utilize the indicator to verify its functionality, apply this Indicator and obtain knowledge and experience before this Indicator can be useful to the TRADERS Strategy and Trading System. Only YOU become the TRADER.

A Hammer does NOT make you a Carpenter.

Trying to get out of this drawdown. Still practicing.

Checkz,

Good sell trade.

Why haven't you entered on the first red "indecission"- HA candle?

Mr Moe,

I like the candle to open closer to the 9 MA Line... On or near the 9 is my preferred entry point.

Done for the night..

UsdJpy drawdown reduced

M1 EURUSD - double dip!

Ranging market, time to counter.

Incredibly useful model for trading against trends. In essence, you wait for MA to cross the 25 or 75 fib level from high/low. TP is at the next fib level. Moving stop to be is important.

Explained here.