M1 Countertrend Scalping Strategy
- #16,746
- Dec 18, 2025 11:37pm Dec 18, 2025 11:37pm
- Joined Aug 2010 | Status: absolute beginner | 5,463 Posts
trading is like dancing, don't think and just listen to the music!
- #16,748
- Dec 19, 2025 7:48am Dec 19, 2025 7:48am
- Joined Aug 2010 | Status: absolute beginner | 5,463 Posts
waiting for UJ to drop
trading is like dancing, don't think and just listen to the music!
- #16,750
- Edited 8:31am Dec 19, 2025 8:04am | Edited 8:31am
- Joined Dec 2015 | Status: Trader | 2,586 Posts
waiting for UJ to drop
Seems you start too early and now you have positions set that are easy can be skipped
From the first post and this is the key for doing more smart:
NOTE: What is a "good enough" distance is defined by your own discretion and depends in the current market conditions (volatility and structure). You may use support and resistance, band indicators, demand/supply zones, volume strength, waves theory, etc. I recommend you use simple support and resistance (horizontal levels) and volume readings to determine this (it will be more clear when you watch the examples below).
Edit:
I would have skipped trading before reaching the grey lines (soming from hourly).
Perfection is the enemy of good enough!
- #16,753
- Dec 19, 2025 8:33am Dec 19, 2025 8:33am
- Joined Aug 2010 | Status: absolute beginner | 5,463 Posts
{quote} That looks like it might feel a little stressful
not really, because i take extremly small positions. so far the DD is 2%.
trading is like dancing, don't think and just listen to the music!
- #16,754
- Dec 19, 2025 9:27am Dec 19, 2025 9:27am
- Joined Aug 2010 | Status: absolute beginner | 5,463 Posts
trading is like dancing, don't think and just listen to the music!
Thanks - I trade US500, EURUSD, AUDUSD, EURAUD and GER40. Sometimes Gold.
For me the most important part is that the pair gives enough return per move - I don't feel that the yen paris does that.
But on the NZDJPY - i would still be in the trade had i traded it - waiting for a retrace to exit the trade.
I have made how I would trade it below - I mainly trade preasian/asian and new york - so won't have entered the initial london move.
But I look at the important daily zones for entry - the initial entry can either be a big move on the 1m moving away from average sharply or based on a move that's already going on a larger time frame. Once in a trade all my next entries are based on zones. Either support or resistance on the 15m, previous days important zones - highs and lows, pivot points based on the classic model.
But I look at a lot of time frames to see how the marked moves - and if the move keeps going I scale out and focus on playing the larger time frame instead. So I don't make a lot of stupid entries.
My exit i sometimes the 35ema if it's a quick scalp - but if its longer I target the 50% fib retracement - if that is in an imbalance zone without any sup/res to the left i might go to the 68.
My possible entries below:
For me the most important part is that the pair gives enough return per move - I don't feel that the yen paris does that.
But on the NZDJPY - i would still be in the trade had i traded it - waiting for a retrace to exit the trade.
I have made how I would trade it below - I mainly trade preasian/asian and new york - so won't have entered the initial london move.
But I look at the important daily zones for entry - the initial entry can either be a big move on the 1m moving away from average sharply or based on a move that's already going on a larger time frame. Once in a trade all my next entries are based on zones. Either support or resistance on the 15m, previous days important zones - highs and lows, pivot points based on the classic model.
But I look at a lot of time frames to see how the marked moves - and if the move keeps going I scale out and focus on playing the larger time frame instead. So I don't make a lot of stupid entries.
My exit i sometimes the 35ema if it's a quick scalp - but if its longer I target the 50% fib retracement - if that is in an imbalance zone without any sup/res to the left i might go to the 68.
My possible entries below:
