M1 Countertrend Scalping Strategy

Quoting tanboy4u

Disliked

is this crazy? can i get profit from this.. i created it . please check screenshot {image}

Ignored

Quoting PipsArt

Disliked

Ughh cought in tough trend. {image}

Ignored

Quoting Darwati

Disliked

{quote} countertrend sering kali hanyalah bentuk prediksi, ego, ambisi dan ketidaksabaran karena bertindak bukan berdasarkan signal pergerakan harga, lebih sering hanya karena support dan resistansi counter trend kadang benar kadang salah , sementara mengikuti pergerakan harga .... bukan tentang arah yang benar atau salah..... tapi tentang terlambat atau tidak

Ignored

Quoting PipsArt

Disliked

Another counter. Done for today trade {image}

Ignored

Quoting bongopapi

Disliked

{quote} do you use any other indicators to tell you when to enter? i took the same counter trend gold trades around the same time, but my entries were too early and so even though I kept adding positions later it was not balancing my earlier losses

Ignored

Quoting PipsArt

Disliked

{quote} No, I don't use extra indicator, I only counter when price is too far away from MAs

Ignored

Quoting bongopapi

Disliked

{quote} can you please elaborate on what your definition of too far away is? for every pair you trade do you just define a certain pips away from MA as being too far away?

Ignored

Quoting Darwati

Disliked

Following the price movements of the 30-EMA and 50-EMA will be more profitable. This is the indicator used for countertrends in this thread. If the smaller EMA is above the larger EMA, buy; vice versa, sell. Often, the complexity is created by the trader, not by the situation on the chart {image} {image}

Ignored

Quoting Darwati

Disliked

Following the price movements of the 30-EMA and 50-EMA will be more profitable. This is the indicator used for countertrends in this thread. If the smaller EMA is above the larger EMA, buy; vice versa, sell. Often, the complexity is created by the trader, not by the situation on the chart {image} {image}

Ignored