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niks replied Jan 12, 2023that was a tough one to analyse, lots of whipsaw, but in the end it turned into profit, well done...
M1 Countertrend Scalping Strategy
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niks replied Jan 12, 2023nice one! although i see a bit of hesitation on your initial entries! i can't stop seeing these now but it looks like there was an excellent long opportunity after you closed to follow the trend for a bit
M1 Countertrend Scalping Strategy
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niks replied Jan 12, 2023thanks Chucun, it was my first real attempt on the simulator after absorbing all you guys have shared - i wasn't really sure if it was a good one or not - i'll keep running them and see how it goes...
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023hey Abade, yes many positions, and yes, very nervous when price falls below those positions, but dealing with the drawdown on these setups is a lot different to the counter trend setups, it actually has to drop below all orders to start a drawdown ...
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023running this on the sim, all feedback welcome after my initial entries, price dropped below ema200 and bounced back up, easy to let go on the sim, not sure how i would of reacted live - it bounced strongly off ema200 so i added to my orders, all ...
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023warm up trade to start the day... image this might actually turn into a nice down trend trade actually i'd say it is!, wish i had the confidence to trade these live, gotta keep practicing... image hey Abade, i missed the part where he limited ...
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023i would be delighted, thanks for the offer...
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023you have provided for me at least very valuable information, i appreciate the time you take to share your knowledge and i agree with everything you have said - i will definitely keep working on it and i hope you can keep sharing any further relevant ...
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023ok, thanks, starting to get it now, sounds like a variety of reasons to trigger take profit, in this case a clear price action signal triggers take profit
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023ok, i just saw another big one after that sideways, which was engulfed then engulfed again, so i guess your still holding which looks like a good choice, i would still struggle to know when to take profit, but i'd probably take it now as it tops ...
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023thanks, you know very well when to hold and when to fold - and more importantly when to take a loss by the sounds of it uj looking good atm, the hardest part for me with this style is when to take profit, i just saw big bullish candle, is that now a ...
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023would you have closed on ema200 at a loss if it got there? have you had any tough trades or losses or can you please show how you handle them?
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023profit is profit for sure, gu looking good, even better when you close, nicely picked
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023i'm not confident enough yet to trade with trend like this live, still running them on demo and sim - how did the audusd counter trade go?
M1 Countertrend Scalping Strategy
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niks replied Jan 11, 2023good morning and good luck, i've just finished a couple myself, first not so good but still profitable, second ok image
M1 Countertrend Scalping Strategy
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niks replied Jan 10, 2023i appreciate your honesty Chucun, i'd be very interested to see the recovery on your usdjpy trade if you get a chance to share it - you were correct with that analysis of audusd after the news, so although you might not be comfortable with it, you ...
M1 Countertrend Scalping Strategy
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niks replied Jan 10, 2023thank you for taking the time to participate and help us all along our journey i am also in agreement - it's very hard work dealing with tough trends using just counter trend style! may i ask your insight on this one if you have the time please? ...
M1 Countertrend Scalping Strategy
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niks replied Jan 10, 2023audusd major news event image and the result image
M1 Countertrend Scalping Strategy
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niks replied Jan 10, 2023firstly, you state the obvious to most, then you make an assumption - and to top it all off, you missed the whole point, he was saying if a trend is occurring on lowering "volume", it is most likely going to retrace, nothing about futures markets or ...
M1 Countertrend Scalping Strategy