M1 Countertrend Scalping Strategy

Quoting qinshan

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{quote} Dear senior, does your trading system include EAs for MT5?

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Quoting T721

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{quote} you seemed to have hit the send button too many times on that post

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Quoting cpfleger

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Gents, V4 is attached in zip files and PLEASE delete or save somewhere else the previous files before you upload onto MT4. Please ensure you unzip the TRO Notes preset file and load into Preset Folder. Upload everything accordingly (Indicator and Template Folders) and Turn Off MT4, do not refresh, Turn Off and back On. MT4 is an old platform people. Add the Template to the Chart and compare to the attached screenprint, your duty. Read and adhere to the RULES. Enjoy. cpfleger {image} {file} {file}

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Quoting T721

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{quote} I should also mention that I’m spread betting, as it’s tax‑free when it’s not my primary income. However, the broker doesn’t allow hedging; if your'e in the UK try IG... they let you hedge

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Quoting qinshan

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Today, I manually executed three perfect trades using the M1 counter-trend trading system, which I'm sharing with those just starting to learn about trading systems.{image} {image} {image}

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Quoting Ronin-

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{quote} Hi PipsArt nice to hear from you. I'm ok been playing in the background on and off, got fed up of chasing price like a dog chasing a car. Went back to basics and seems promising; still early days. Hope your well and bring in the pips.

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Quoting Tyross

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... and that’s when the swing traders just massacre you. I’m not exactly a KOF fan, but I don’t use SL either with this multi-positions approach—using low leverage on a comfortable account. It’s such a luxury... the stress is gone. I pay the swap if a position lingers for a while, and I couldn't care less. I used to do a lot of 'Choros' on the M3 timeframe, using single position and SL. But at the same time, I was gaining experience in multi-positioning with low leverage because the stress was ruining the fun of trading, and I...

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Quoting Ronin-

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{quote} Agree. I was chasing my tail and making trading far harder than it needed to be. I was trend‑scalping and trying to force every trade to end in profit, which demands constant focus and lightning‑fast reactions. That level of intensity just isn’t sustainable over the long term. So took a break from it all to re-evaluate and find a more relaxing way of trading, like you mention. And could make the profit needed in a potentially short time frame when able to trade. Only want 50-100 pips, so completely possible.

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Quoting Ronin-

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Starting small today on EURUSD M1 as price was close to the target line. {image}

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Quoting birdland

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{quote} funny, i took it from the other side, i was long. {image}

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Quoting Ronin-

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{quote} My initail target line was around 1.18980, so was selling down to it. However the target line than moved up to 1.19161. So had to close all. As price usually moves to or bounces off the target line. My trading is based on where the target line is compared to price and counter trading. EURUSD is ranging at the moment around the current target line so waiting for price to extend away. Hence I believe this is the correct thread to post in without taking away from the expert KoF traders in this thread. If the KoF traders feel this is not the...

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