astounding...

M1 Countertrend Scalping Strategy

then what? you will be successful trader?

M1 Countertrend Scalping Strategy

risk management is fluid, not fixed, it changes every candle, when your target moves, you need to follow it, sometimes its a matter of millimeters and milliseconds, you must be precise, its the details that matter, to avoid a major drawdown ...

M1 Countertrend Scalping Strategy

the best way to manage risk is to time your entries to perfection where possible, catching the top or bottom of every move vastly improves risk management, it allows you to exit a trade as quickly as possible, its all about reading the price action, ...

M1 Countertrend Scalping Strategy

hey josh, its all about YOUR risk management plan. does it allow for overnight trades? if not, why allow them? - not many here here like to discuss RISK management, their drawdowns and losses or find it boring, i find it fascinating and it's my ...

M1 Countertrend Scalping Strategy

ok, no problem, thanks for your time

M1 Countertrend Scalping Strategy

that's interesting, does this reduce your drawdown and\or losses? so you open first order manually and the rest are opened by ea?

M1 Countertrend Scalping Strategy

thanks, simpler is better, i prefer to just stop myself out if i'm wrong - did you start your entries on the first, second or third swing low in the example you just posted?

M1 Countertrend Scalping Strategy

what a flashback, its been a while now, but post #10 is what i've been trying to determine recently and for whatever reason am being completely ignored, seems i'm not the only one! if i missed the response cpgleger i apologise in advance... ...

M1 Countertrend Scalping Strategy

thanks darwati, you have opened my eyes, wish there were more diverse ideas in this thread rather than ad nauseam counter trend into trend, short sweet simple, with risk management in place of course... image image image image

M1 Countertrend Scalping Strategy

cpfleger, appreciate the time and effort you put into teaching others who are obviously finding benefit in all you offer, you also appear to be a very good trader as well so what i'm about to ask is not a criticism in any way of what you are ...

M1 Countertrend Scalping Strategy

i'm sure many people did, were you one of them? all that might be true, especially if you actually follow KoF's complete disregard for risk management where in this video he maxed out his margin, traded excessive lot sizes, and multiple pairs at the ...

M1 Countertrend Scalping Strategy

you have an interesting and sensible trading philosophy... can you share insights on your risk management plan using the examples you have posted? i have been trying to find a way into trend trades and you have opened my eyes to an approach i can ...

M1 Countertrend Scalping Strategy

are you holding positions for multiple days? also, are you holding positions on multiple pairs at the same time on the same account? good luck with your trades during the NFP!

M1 Countertrend Scalping Strategy

yes of course, everyone has different situation, using mobile to monitor and close trades is perfectly reasonable, and always be safe and set SL's and TP's if placing orders off the mobile for the apple mobile webtrader, it is not possible, there is ...

M1 Countertrend Scalping Strategy

price action is the primary indicator, and looking at your chart, aside from ma's, there is no other information that will assist you in your quest to master what price is really doing, i notice a Bears indicator window at the bottom but there's ...

M1 Countertrend Scalping Strategy

from the snapshots you have posted, this market would appear better suited for following the uptrend with cost averaging up rather than counter trend against the strong long term uptrend - or at least hold the long positions a bit longer or perhaps ...

M1 Countertrend Scalping Strategy

giving a trend trade another go after a couple of failed attempts earlier, this one is running, not sure when to take profit! image i think i'll protect it and follow it up as it bounces off emas image might this be a head and shoulders? image ...

M1 Countertrend Scalping Strategy

if you say so! image oops , forgot this was a trial and sold 0.2 instead of 0.01! might have to make it a counter trade if it doesn't work out it didn't work out plus i used the wrong lot size so i exited with a loss as part of my own risk ...

M1 Countertrend Scalping Strategy

it looks good, do you have normal or aggressive account? and will you share the details of your variation?

M1 Countertrend Scalping Strategy