pivot points and RSI for trade entries. Works a dream

M1 Countertrend Scalping Strategy

Abade could show us image highlighting what you have said? Be interesting to see your findings

M1 Countertrend Scalping Strategy

Wow I couldn’t handle that level of DD. I’m quite a cautious trader. I’m more of a fearful trader than led by greed. Futhermore my leverage is 30:1. I really do respect traders that are aggressive. With the correct leverage and correct opportunity ...

M1 Countertrend Scalping Strategy

Wow. Some Risk. You and your wife trade the same or completely different. here goes me! I trade by entering my first open position and if price gains traction I add position. so I will only average UP - once. After that I will add position every 10 ...

M1 Countertrend Scalping Strategy

Be good to hear from some people how they protect their capital? How many positions will you add and much DD in a strong trend before pulling the plug? Abade Cpleger Charli Rick etc be good to hear you style?

M1 Countertrend Scalping Strategy

Today has been tough trading condtions for my self. Recovery mode was spent half this morning. However We recouped the losses. I could made more money holding on to trades instead breaking even on a batch. All trades would have been a loss had i ...

M1 Countertrend Scalping Strategy

E/J looks nice

M1 Countertrend Scalping Strategy

Abade all my trades would be losers with hard stop loss and no averaging. Stop loss are tool used to profit the brokers.

M1 Countertrend Scalping Strategy

Done for the day

M1 Countertrend Scalping Strategy

This is correct. We can often over analysis the markets. creating new barriers to entry and missing out of trades. 1 and 5 min charts are just highlighting small pullback and even though we are counter-trading it could be with the overall trend, ...

M1 Countertrend Scalping Strategy

Futhermore read or watch videos of mark Douglas. Trading in the zone

M1 Countertrend Scalping Strategy

I trade sort of like a grid. Add another position every -10 - 20 -30 etc max 10 positions. On the hope price retreats. I will exit either - 1 position or B/E or even + 1 you need to exept that your not going to hit it everytime and you need a ...

M1 Countertrend Scalping Strategy

Thats right. I havent made 1 single trade today. Nothing fitted my critera. up 14% for the month

M1 Countertrend Scalping Strategy

Markets are dead. Hopefully News will produce some set-ups. No trades so far today

M1 Countertrend Scalping Strategy

Cpfleger? whats your back ground in trading if dont mind me asking? you seem to have a real solid strategy and good trader that knows to wait to pull the trigger

M1 Countertrend Scalping Strategy

Like CPFLEGER, i have my own version. I happy to take losses. always think if you was trading a £500,000 account. The two losses on AUD/USD was a capital recovery trade. opening postions to recoup the losses on bad entries and come out with slight ...

M1 Countertrend Scalping Strategy

keep eyes on Ger30

M1 Countertrend Scalping Strategy

I wouldn’t have exited me personally

M1 Countertrend Scalping Strategy

E/U good opportunity

M1 Countertrend Scalping Strategy

This tells a story to go long on pound

Cable Update (GBPUSD)