I reckon we could expect a slight move up before a drop.Futhermore looks like ftse100 needs to drops so going long on GBP/USD makes sense

Cable Update (GBPUSD)

Nice opportnuity on Ftse100. markets bit slower today take what you can get

M1 Countertrend Scalping Strategy

Waiting for candlestick confirmation

M1 Countertrend Scalping Strategy

I have started to refine this system for me to work. Looking back at places where trades could have categorically gone wrong. I am becoming more clincial with trades i take. I have moved to the 5 minute chart. 5 Min Chart HA Candles Price has ...

M1 Countertrend Scalping Strategy

How do you use them supply and demand zones in your strategy? they look good by the way

M1 Countertrend Scalping Strategy

how do you manage loosi by trades that you don’t think will make a recovery? I know abade spoke on this but could give a more in-depth strategy towards loosing trades

M1 Countertrend Scalping Strategy

what do you find best timeframe to trade? I believe the 1m to reach 21ema more successful but obviously less profit to make.

M1 Countertrend Scalping Strategy

Hi Abade, from my observation price on that day finished lowest 13090. following day it reached highs of 13240 and the day after 13370. plenty of opportunity to recover loss and even profit.

M1 Countertrend Scalping Strategy

Be careful. It’s flat not a lot volatility.

M1 Countertrend Scalping Strategy

regarding stop-loss I have a -10% negative balance protection. I take the hit and mean time trymake short small scalps to win back some money in the process. hedging for me gets messy

M1 Countertrend Scalping Strategy

If got so far. I would stop entering new positions and ride it out. That’s just 1 day, I bet by end of week or following week. Price retraced to that price level?

M1 Countertrend Scalping Strategy

0.5 a lot my friend. Far from 5 lot size. My Basket of trades rarely goes over 3% DD, i take my profits early. And I’m clinical with my entires my max DD will be around 10%. You want longevity. We don’t use stoplosses so money management is paramount

M1 Countertrend Scalping Strategy

I love it Abade. Todays pivot points was wide. So I did a fib retracement of the previous day and put hard lines at each level. and it works a treat. I take my profits too early i need to learn to hold for a little bit longer. when 21 ema moves ...

M1 Countertrend Scalping Strategy

I dont think i could trade anything else. It be like cheating.

M1 Countertrend Scalping Strategy

What is the difference between 1% and ema strategy? Sorry for my foolishness

M1 Countertrend Scalping Strategy

Welcome hater

M1 Countertrend Scalping Strategy

Keep an eye On the Dax

M1 Countertrend Scalping Strategy

GER30 might get a bounce of the 200 ema. Trade with caution

M1 Countertrend Scalping Strategy

Thats correct or close to pivots. so you can get mutiple entries. I also look at round numbers close to the pivots. the way I see them is traffic lights. You can drive fast as you like but you should stop at a red ight. that doesn always happen but ...

M1 Countertrend Scalping Strategy

I would happily make 7-10% ROI a month with less stress in DD than massive ROI but trading on edge. Consistency is the key. Capital preservation is highly important Just short of 1% today

M1 Countertrend Scalping Strategy