... or as Alan Farley wrote in his seminal trading book 'The Master Swing Trader', buy the SECOND dip and sell the SECOND peak. Remember, especially in forex, the Fakeout or Failout - the 1st dip/peak is the enticement/lure to act , which is where ...

M1 Countertrend Scalping Strategy

This is brilliant thankyou again alphaomega. I came up with a better solution to indexes and gold - maybe coincidentally (?) my Market Watch starts with all indexes and commods/metals so by choosing 32 Symbols I got all of them, so I created a ...

A better way to manage your positions in MT4

alphaomega, this is a brilliant trade management tool. I'm still getting used to it, but early impressions are very positive. I've always wanted a clean, minimalist, efficient trading manager, and this one has pretty well everything I look for. ...

A better way to manage your positions in MT4

i think you need to take the word 'Naked' out of the name of this thread...

(binned per thread starter's request) Naked Trading With HA Handl

[quote=niks;14546678]M1 AUD countertrend scalps - entering on resistance, exiting on support! image niks AU is very much on a downtrend, so you were definitely trading with institutional orderflow i.e. with the 'trend', or with the strength of the ...

M1 Countertrend Scalping Strategy

[quote=bluesteele;14544383]Have received many questions on times and equity opens in Asia etc... Thanks bluesteele for your post... I trade Asia and sometimes have been a little unclear about Tokyo vs Shanghai vs Hong Kong etc... so that really ...

Flying Dutchman

Great explanation of the price narrative, thanks niks. It all makes perfect sense when I follow your thought processes behind the entries on your charts. I reckon niks & Amiraven are 'Il Maestro' & 'Il Virtuoso' of the KOF Trend & Countertrend ...

M1 Countertrend Scalping Strategy

i'm not sure who your question is directed to, with no quote to guide us, but perhaps you refer to zigzagm.exe - it's in the paperclip above

M1 Countertrend Scalping Strategy

always always keep your economic calendar open and visible!

M1 Countertrend Scalping Strategy

you could trade Oliver Velez style for the expansionary moves with the institutional orderflow ('Booooom!"), then KOF style for the Countertrend moves... and get the best of both worlds...

M1 Countertrend Scalping Strategy

i'm with you mate, 'don't fiddle in the middle'. Waiting till either extreme is reached before I commit to anything. This stuff in the middle is chop slop

Cable Update (GBPUSD)

I have 4 indicators on my chart... ... Open,........

M1 Countertrend Scalping Strategy

thx mate I watched it yesterday, nothing new in it is there really... same old platitudes and generalizations... and his sound quality/volume is appalling! From what I've picked up from reading this forum from the start, I reckon we've got some ...

M1 Countertrend Scalping Strategy

it might take a little longer than I initially thought...

M1 Countertrend Scalping Strategy

Yes, recognizing institutional orderflow is essential, knowing when to stay away (if you do not trade with IOF in a trending situation), and when you can see signs of reversals beginning. Just like GU is showing right now (I'm long)

M1 Countertrend Scalping Strategy

niks = Il Maestro

M1 Countertrend Scalping Strategy

Never marry the trade, because the divorce can be expensive

Flying Dutchman

thanks cpfleger for your generous explanation of the finer details - they do clarify a lot of KoF's Youtube actions actually. thanks again

M1 Countertrend Scalping Strategy

niks continues to use the original KoF template and strategies, as summarized by this thread's founder Abade...

M1 Countertrend Scalping Strategy

[quote=cliffjaded;14514536] Mean Reversion works. We clearly understand that. The most important information we're ultimately trying to uncover here is managing deep drawdown which can potentially blow your account. Thanks for your wise post, and ...

M1 Countertrend Scalping Strategy