M1 Countertrend Scalping Strategy

Quoting sonicvista12

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{quote} Please, all thread contributors, start from Post #1, read the principles of this thread, and how the chart should be set up, then you will know how and why this thread was started in the first place. KOF Countertrend Strategy works best in its simplest and purest form, if the trader is skilled enough to read price action. It would be great if everyone got back to basics and concentrated on reading price action, developing the 'feeling of the market' as KOF says, and stopped relying on some non-existent holy grail bunch of different indicators....

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Quoting sonicvista12

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{quote} Please, all thread contributors, start from Post #1, read the principles of this thread, and how the chart should be set up, then you will know how and why this thread was started in the first place. KOF Countertrend Strategy works best in its simplest and purest form, if the trader is skilled enough to read price action. It would be great if everyone got back to basics and concentrated on reading price action, developing the 'feeling of the market' as KOF says, and stopped relying on some non-existent holy grail bunch of different indicators....

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Quoting sonicvista12

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{quote} Re-read my previous post.

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Quoting ntk

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Since 80.5 supply establisged. Demand turned supply confirmed down move {image}

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Quoting ntk

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I understand KoF trades like my note in the chart, the mean reversion to ema200, from or to recent low or recent high, charactristic is when ema9/20/50 fan out above EMA200 and price not inside the ema, but either above or under all the EMA. Is that correct? {image}

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