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niks replied Jan 13, 2023sure, but you talked out about avoiding early entries on a counter trend trade when i was talking about how one should be thinking immediately after exiting a counter trend trade, get it now? of course its all about probabilities - you need to stack ...
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023looked like a good time to exit anyway after that last big bull candle, well played - but i keep seeing lateness in your entries, not sure if its the spread, i would of committed the bulk of the orders you made a lot earlier, regardless, i'm sure it ...
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023you missed the point! an early entry is certainly desirable when following the trend!
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023keep at it josh and rewards will follow... i know you said you are trying, but in terms if your lot sizing, keep trying harder, 0.03 is still too large for a 1k account, do not be in a rush to double the account, it's not about how quickly you get ...
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023something to think about over the weekend, most will look at this including myself and say "lucky i didn't caught in this downtrend!", the smart money would of sold as soon as i closed my counter trade... image
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023it was a late entry, there was very small profit potential - i also notice the downtrend prior to your entry was strong with increasing volume, therefore decreasing volume at that point would indicate a weak pullback when you entered, however, it ...
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023ok, thanks - personally, i'm not really sure how actual volume will help with a forex scalping strategy where every millisecond counts sometimes, price will always move and that's what we trade, but always willing to learn something new!
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023i had a quick look at clusterdelta, is it free or does it require subscription?
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023yes, exactly, that is my interpretation as well now that you have broken it down, just missed it live for some reason, brain is a bit slow today! thanks for that... also, i was watching the volume closely when it came time to close and when i saw ...
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023excellent, both ways! i probably would of closed on the first bullish engulfment for the first trade, and i definitely wouldn't of had the patience to hold as long as you did on the second one
M1 Countertrend Scalping Strategy
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niks replied Jan 13, 2023exactly where you want it to be! wish i had your patience today, i missed the bottom and misread the price action again on this one image
M1 Countertrend Scalping Strategy
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niks replied Jan 12, 2023timing is a critical part of this strategy, get it wrong and it makes it so much harder, missing the bottom on this one made it much more difficult to draw a profit out of it image
M1 Countertrend Scalping Strategy
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niks replied Jan 12, 2023give it a try for around 20 trades and let us know the results... the keyword you mentioned there is "might" - if you find the magic formula that will avoid all runaway trends, then your on a winner
M1 Countertrend Scalping Strategy
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niks replied Jan 12, 2023i missed it live but am watching the replay now, looks like another good session from KoF but what happened with the losses from his previous stream, are they being ignored? are there really no comments on that video asking the question, were there ...
M1 Countertrend Scalping Strategy
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niks replied Jan 12, 2023i'm not sure i understand the question, are you talking about this news event thats coming up in an hour? image just a random thought, i have a feeling both eur and aud will drop 100 pips soon scratch that!
M1 Countertrend Scalping Strategy
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niks replied Jan 12, 2023volume analysis helped me win this one image correct price action analysis would of netted me more, oh well... image double dipped and underperformed again image
M1 Countertrend Scalping Strategy