yes it is! well picked...

PA Trading with EMAs and common Sense

yes, it can be simple sometimes and i do tend to make it more difficult than need be with untidy entries - that comes about as a result of not filtering my entries which is how i try and keep it simple and have to deal with the consequences if it ...

PA Trading with EMAs and common Sense

perfect entry, perfect target - in and out in less than 15 minutes, that's what i like to see! image

PA Trading with EMAs and common Sense

dollar dollar indeed! one of my favourites... image

PA Trading with EMAs and common Sense

AUDUSD 1M short off resistance, double top then triple top targeting break of previous lows including what i was seeing in the indicator - resistance and downtrends everywhere! image it definitely helped in this trade... image

PA Trading with EMAs and common Sense

very nice and well suited for a CT setup, never considered anything like this before, i certainly will now! appreciate your time in sharing it... this is how i'd probably enter and exit - enter after the breakout of the range and exit just below the ...

PA Trading with EMAs and common Sense

yes, certainly starting to feel its benefits, still gotta fix that LL bar bug though, haven't got around to it yet, and i'm going to compact it a bit more, then it will look complete and better in the screenshots i totally agree with your take on my ...

PA Trading with EMAs and common Sense

AUDUSD 1M short off resistance targeting a new low, then cost averaged against old support hoping for resistance, then again on the break of ema200 anticipating a failure... image decent profit in the end thanks to a dose of new luck! image best ...

PA Trading with EMAs and common Sense

hey vvm, these trades were affected by fundamental factors due to the interest rate news coming up for the AUD technically, i think for the first one, the wick wasn't long enough to trap the bulls, if it was higher like this it would of had a better ...

PA Trading with EMAs and common Sense

yes! i'm really feeling it - once i get a few more trades in i will figure out how it fits in with my analysis... i was planning to replace the M1, it was only there for testing purposes, so i'll add the M15 as you recommend in its place i'm glad ...

PA Trading with EMAs and common Sense

trends are not defined by indicators, indicators represent price action, you cannot use indicators to define a trend - my advice is stop watching boxes and whatever else being painted and study the price action instead - your also correct in that ...

M1 Countertrend Scalping Strategy

EURUSD 1M long off support targeting ema50, no initial stop loss, was planning to cost average and didn't need it, target achieved with added slippage! image

PA Trading with EMAs and common Sense

% agree! acknowledging what doesn't work is just another step of the development process towards improvement - do NOT trade live until you are ready, use a simulator and demo until you are - hang in there mate, you'll make it!

M1 Countertrend Scalping Strategy

cheers mate! it does look a bit flash, it certainly adds a whole new perspective, to be honest, i'm still just soaking it all in at the moment and trying to work out how i'll use it - thanks for the tips...

PA Trading with EMAs and common Sense

no problem - i prefer to write it myself rather than using a tool to generate it, it helps to build up a library over time that you can reuse, starting with some very basic templates that you just fill in yourself, anyway, i updated my original post ...

PA Trading with EMAs and common Sense

i should of trusted your luck, shame on me! AUDUSD 1M countertrend long after bullish engulfment following ema9 overextension and breakout from range anticipating pullback to ema50, no initial stop loss, was planning to cost average and didn't need ...

PA Trading with EMAs and common Sense

not a coder, just like to code stuff for myself! yes, i knocked that up, there are plenty of examples to work from, i adapted this from mql5 website example for DRAW_CANDLES

PA Trading with EMAs and common Sense

that's a contentious one vvm! i would argue there are MANY countertrend patterns with a very high probability - the simplest being a large overextension from a short term ema followed by a simple PA signal like double top\bottom or engulfment - i'm ...

PA Trading with EMAs and common Sense

that's no problem, i think i get the idea and it didn't take long to cobble something together, hardest part will be the scaling for multiple timeframes - here i'm showing last 10 candles of M15 and M30 image it might be useful, i'll let you know ...

PA Trading with EMAs and common Sense

BTCUSD 1M (DEMO) BO pullback continuation short targeting previous low image

PA Trading with EMAs and common Sense