M1 Countertrend Scalping Strategy

M1 BTCUSD

M1 BTCUSD

M1 USTEC

M1 USTEC

M1 USTEC

M1 USTEC

M1 USTEC

M1 USTEC

M1 USTEC

M1 USTEC

M1 USTEC

M1 USTEC

i got the following message earlier today and want to reply in the thread


i do not post every trade, some take a long time to reach profit, and although most days are profitable, of course there are losses... i just post a sequence of trades that go well - my live account is managed to sustain a deep drawdown, the volatility of nasdaq typically retraces a strong move in quick time, my prop account suffers more losses due to drawdown limits, here is the most recent one that kicked me in the guts by retracing back to profit level not long after taking the loss, bugger! money management on my prop account is completely different to my live account
M30


i give each trade every opportunity to hit profit, i also have a regime i go through each time i take a loss before trading live again which minimises consecutive losses and helps recover the loss back into profit - and most importantly, my timing and understanding of the strategy have improved significantly since i started trading it, hope that clears any misconceptions that i am portraying a 100% win rate, that's impossible, and although i have a very high win rate, my losses are still comparatively large unfortunately...

M1 USTEC

Inspired by Niks's image post
Marking oversold and overbought positions with a colored background adds color to the countertrend concept.

Lime Oversold
Red arround zero

Red Overbought


Green Arround Zero

M1 USTEC