nice recovery! just missed out on a double top double dip as well!

M1 Countertrend Scalping Strategy

my pleasure charli, i get just as excited over price action as you are! once mastered, nothing will hold you back!

M1 Countertrend Scalping Strategy

that's the spirit! well done...

M1 Countertrend Scalping Strategy

better off just sticking to the basics on a friday! even though that ema200 test was SO tempting and would of ended my day! but because of the previous two attempts being exited early, i probably would of done the same so decided to let it go due to ...

M1 Countertrend Scalping Strategy

absolutely! your reference to margin call is important money management consideration - i couldn't use your method exactly as you do because i only have 30:1 leverage - however, this also is also perfect protection for a badly managed trade or ...

M1 Countertrend Scalping Strategy

thanks darwati, every little bit helps... maybe i misunderstood - it appears you ride the trend, opening and closing along the way using counter trend methods - but at which point do you end the sequence? i'd guess once your ema200 line changes ...

M1 Countertrend Scalping Strategy

friday is already starting to play tricks with me... need to stay composed after missing so much! first trade was a test of resistance on ema200, entered a bit too early and it failed so closed it, then a golden ema200 breakout failure presented ...

M1 Countertrend Scalping Strategy

something to consider over the weekend when assessing your own win rate: url url and a different perspective to trading big news events url

M1 Countertrend Scalping Strategy

fair enough! every little bit you let out helps...

M1 Countertrend Scalping Strategy

a failed breakout of EMA200 typically provides a golden opportunity as it traps many traders, but of course, they don't always go to plan, this one tried to prove me wrong and turn the whole theory around! but market forces always prevail... image ...

M1 Countertrend Scalping Strategy

i was just briefly looking it at it myself - and i think i'm finally starting to get how you haul those pips now! but still curious about your risk management technique, it sounded very interesting and like it somehow looks after itself?

M1 Countertrend Scalping Strategy

however, if your risk management plan does allow for drawdown, then take advantage of it using cost averaging! image but most importantly, you must have a plan for a broken spring, Abade has gone to great lengths to highlight many examples where ...

M1 Countertrend Scalping Strategy

the spring analogy is great, stretch it too far and it fails to retract!

M1 Countertrend Scalping Strategy

that's right Abade, the market is ALWAYS uncertain, accepting and dealing with uncertainty is essential, applying fixed rules to it has never worked for me...

M1 Countertrend Scalping Strategy

if your risk management plan does not allow for drawdown, then you must exit EACH AND EVERY TIME you think you got it wrong, even if you didn't get it wrong - it doesn't matter, re-assess and get it right the next time! and if you did get it wrong ...

M1 Countertrend Scalping Strategy

np chucun, send pm if your still stuck

M1 Countertrend Scalping Strategy

i continue to praise your trading philosophy and am equally impressed with your pip hauls darwati, but i still have nfi how you do it! looks like you are buying at the peak?

M1 Countertrend Scalping Strategy

sorry chucun, i do not have mt4 editor so cannot compile, if this doesn't work i will fix the code you already posted, try this yourself first // initialise buffers that will be used to display the data stored in the handles double upperBuffer[]; ...

M1 Countertrend Scalping Strategy

hey chucun, i think this must be double[] double upper = iMA(NULL, 0, 50, 0, MODE_EMA, PRICE_CLOSE, 0) + (iATR(NULL, 0, 50, 0)/2); double lower = iMA(NULL, 0, 50, 0, MODE_EMA, PRICE_CLOSE, 0) - (iATR(NULL, 0, 50, 0)/2); yes, for e.g double upper[]; ...

M1 Countertrend Scalping Strategy

ever reliable ema200 bounce, not quite as planned but it'll do image followed up with the expected ema200 breakout pullback, then attempted a trend trade short image which failed and stopped out, so then decided to take a trend trade long after ...

M1 Countertrend Scalping Strategy