uh, just got in too early. I only trend trade if breakout happened. Usually it's sooner than parallel emas.

M1 Countertrend Scalping Strategy

I bought down there. image

M1 Countertrend Scalping Strategy

Basic EMA style image

M1 Countertrend Scalping Strategy

Now it's time for me. I wait for a touch on 200.

M1 Countertrend Scalping Strategy

It drops again. Wait for the next support line for the ema setup.

M1 Countertrend Scalping Strategy

I closed my short from 350 and am waiting for a long setup now. KoF doesn't do this but I like to draw some HTF s/r lines to prepare for a possible reversal.

M1 Countertrend Scalping Strategy

Nice reaching ema time now for GU.

M1 Countertrend Scalping Strategy

King went on live today and traded basic ema strategy after a big rally on GBPUSD. I guess he "buy and buy and buy" before it.

M1 Countertrend Scalping Strategy

The key is money management. The system is probably secondary.

M1 Countertrend Scalping Strategy

He keeps emphsizing on news release and fundamentals which he doesn't do with full ema strategy. I think it works well with big news day. Let's see how it goes with CPI release this week.

M1 Countertrend Scalping Strategy

Here are some scripts that I modified from CliffJaded's. Since I always target MA to take profit, I modified them to tp at MA20, 50 and 200 and set hotkeys. image I find it very convenient and want to share with the community.

M1 Countertrend Scalping Strategy

Maybe someone could open a new discussion about trend strategy in the full ema course and 1%. Sometimes KoF buys when big candle away from ema 9 and sometimes he buys when price returns back to the last support/resistance zone. I'm confused.

M1 Countertrend Scalping Strategy

Sometimes I just can't tell the difference between trend strategy in full ema strategy and 1%.

M1 Countertrend Scalping Strategy

It delivers a smoother equity curve than any other strategies for me.

M1 Countertrend Scalping Strategy

Hail to the King video

M1 Countertrend Scalping Strategy

Yes. Even it's just a demo account, he does show his ability to make consistent profits in tough situations and flip an account. We just need to develop ourselves to reach his level with this strategy. Like cpfleger said, the only holy grail is ...

M1 Countertrend Scalping Strategy

How do you know it's a big reversal day? NFP conflicts with Unemployment rate? If it's an unidirectional day, will you still hedge?

M1 Countertrend Scalping Strategy

I already have other prop firm in mind. Thanks. You probably don't need it but good luck to you.

M1 Countertrend Scalping Strategy

I'll go for a prop firm 10k challenge, so I am practicing controlling risk and used margin at a low level.

M1 Countertrend Scalping Strategy

I closed my trades before NFP and turned to trend trading mode. When price retraced and touched ema20, I exited positions. image

M1 Countertrend Scalping Strategy