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niks replied May 1, 2023appreciate the support, thanks mate! still just practicing with bitcoin on the weekends but i am starting to feel its rhythms!
PA Trading with EMAs and common Sense
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niks replied May 1, 2023that is very nifty! never been a fan of these but this looks like something i haven't seen before, thanks for sharing Abade!!! i'll let you know how it goes if i start using it...
M1 Countertrend Scalping Strategy
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niks replied May 1, 2023your very welcome carlos! best of luck on your journey, take your time, practice AS MUCH as you can, and make sure you feel prepared for every worst case scenario before trading live and start off small until your performance is proven before ...
M1 Countertrend Scalping Strategy
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niks replied Apr 30, 2023and that's the way to end the weekend, 100% - check out the positive slippage on that last order, amazing!!! image
PA Trading with EMAs and common Sense
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niks replied Apr 30, 2023BTCUSD 1M (DEMO) now long again after rejection of breakout at support... image then cost average in one more order as more shorts get trapped, targeting a break above ema200 just below previous high to cover spread for a faster exit... image ...
PA Trading with EMAs and common Sense
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niks replied Apr 30, 2023BTCUSD 1M (DEMO) so went short after close of previous trade expecting a break below ema200 and targeted accordingly down to a support level - had to cost average two more positions after the uptrend had one last gasp trapping a whole bunch of longs ...
PA Trading with EMAs and common Sense
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niks replied Apr 30, 2023BTCUSD 1M (DEMO) just following the trend! image the next reaction off ema50 will be watched closely, if it breaks below and holds i'll close manually lock some in just in case image ran out of steam, resistance was too strong, pin bar to the ...
PA Trading with EMAs and common Sense
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niks replied Apr 28, 2023BTCUSD 1M (DEMO) long after rejection of countertrend move anticipating trend continuation remaining above ema200 targeting previous high - will cost average down to ema200 to manage risk if required... image otherwise let it run to target after ...
PA Trading with EMAs and common Sense
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niks replied Apr 28, 2023AUDUSD 1M long after overextension targeting around ema50, looked simple enough! image then again, feeling confident it will return... image which it did and offered a small profit, but my targets were higher and i didn't close manually - bad ...
PA Trading with EMAs and common Sense
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niks replied Apr 27, 2023and if it doesn't then go for another countertrend opportunity! there is additional support on this one... image with a reasonable target just below ema200 in this case... image so now it looks like holding below ema200 as it breaks support ...
M1 Countertrend Scalping Strategy
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niks replied Apr 27, 2023the status of the strategy as initially published has not changed - i have been trading it live daily for six months with small but consistent weekly profits after many months of successful demo trading and planning i'm still using smaller lot sizes ...
M1 Countertrend Scalping Strategy
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niks replied Apr 27, 2023EURUSD 1M countertrend long targeting return to ema200 after impulsive move first traps the longs then traps the shorts to create the support zone that will hold price as it moves back to ema200 then a false breakout traps a new wave of shorts that ...
PA Trading with EMAs and common Sense
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niks replied Apr 27, 2023EURUSD 1M initial entries based on trend continuation long above ema200 which didn't hold, then the additional entries were based on a countertrend move to back above ema200 which would then continue the uptrend into the targets as it holds image ...
PA Trading with EMAs and common Sense
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niks replied Apr 27, 2023thanks the thehusla, it was a pleasure chatting with you and thanks for your support, i understand how my style does not resonate with yours, i think vvm felt much the same, i hope he is well too, he is fun to chat with! i'll try and keep this ...
PA Trading with EMAs and common Sense
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niks replied Apr 27, 2023excellent, please feel free to share your approach...
M1 Countertrend Scalping Strategy
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niks replied Apr 27, 2023thats ok, the author deserves the thanks for publishing it though, there are other versions i think like pipware, you might also find a modified version of the one i linked you to pipware mini charts the one in my snapshot is an mt5 version i ...
M1 Countertrend Scalping Strategy
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niks replied Apr 27, 2023my pleasure Abade, i think we all know the feeling! the take away is that consistent demo profits ARE NOT THE SAME as consistent live profits, they are two different disciplines...
M1 Countertrend Scalping Strategy
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niks replied Apr 26, 2023sorry to hear you have lost real money, that is never good - but it will teach you a valuable lesson as you move forward, there is more to trading than just the strategy, the strategy is just a framework, trading is MOSTLY about YOUR risk and money ...
M1 Countertrend Scalping Strategy
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niks replied Apr 26, 2023hey josh and chucun - you can get it from here - Recent Candles
M1 Countertrend Scalping Strategy
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niks replied Apr 26, 2023EURUSD 1M trend continuation long cost averaging up at breakout levels and ema rejections the sequence starts with two shorts and two longs at ema200, then once a direction is decided, long in this case, the shorts are closed and the longs are added ...
PA Trading with EMAs and common Sense