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M1 Countertrend Scalping Strategy

Bitcoin could get interesting as we head towards the halving. Good day here, recouped half of what was lost yesterday. As i look over the screenshots some are not the strongest of entries but at the same time they could of been worse. Work is crazy ...

M1 Countertrend Scalping Strategy

It wasnt my best day either. I handed back all the gain from yesterday over the heads of greed and bad practice. I'm not sure why trading view is only showing the close trade arrows on my desktop so i'll include a screen grab from my phone which I ...

M1 Countertrend Scalping Strategy

This is what I'll do. Thanks for the breakdown, its clear I've a fair bit of work to do for trend trading. Nice arrow improvement. On the counter front its been the best day for a while with 0.5% account gain. No real challenges which is always ...

M1 Countertrend Scalping Strategy

Quick post tonight. Didnt get too much screen time today so decided as the EURUSD trend had been on the go for a while that i'd enter and not TP at my usual 200 but instead let it ride for a bit and see what happens. Either it hits TP or I hedge and ...

M1 Countertrend Scalping Strategy

I jump in on a big candle if its volume looks lacking compared to the candles beforehand, its my main way of entering. Usually breaking through the BB. If no candle jumps out at me and its getting past my 8-11 pip re-entry point I'll sometimes jump ...

M1 Countertrend Scalping Strategy

Great write up on dealing with Thursday trend, very insightful. As for my entry prior to the trend pictured below, the more I look at that trade the less I like it. I jumped in far to close to the 200, wasnt as per the plan. image I chickened out ...

M1 Countertrend Scalping Strategy

Seems like a big day all round! I dont have much time tonight for an update so will get a better look over the recent posts tomorrow. image image image Good gains early on in the day and a small profit from the big downtrend, given the late ...

M1 Countertrend Scalping Strategy

Nicely done with that trend. I've been staying away from jumping in when the ema's are together for fear of getting caught at the base of a big trend. With a small account and limited margin waiting for price to move away from the 200 feels like it ...

M1 Countertrend Scalping Strategy

Lets see some trades! KoF seems to know when to weigh up a trend to dig himself out DD when countering. If it were me I'd be holding onto every position until I was in the clear yet he often starts closing orders in profit as the price goes in his ...

M1 Countertrend Scalping Strategy

I'll have a watch of this tonight to see if I can pick anything up from the KoF. I wasnt able to get much time on the screen today but did manage to get into a few trades. I found my usual AUD, GBP, EURUSD to be painfully slow so after some staring ...

M1 Countertrend Scalping Strategy

Another good day. With being busy with work I didnt get much screen time but the orders I did get in went well. Going to paper trade btc over the weekend to get a feel/for something to do. I should of rode the downtrend towards the news event for a ...

M1 Countertrend Scalping Strategy

Great advice. I had a few less than perfect entries today which I managed to get out of. Ended up thinking to myself they could of been avoided if I had just stuck to my rules and not jumped in when I felt it was right. Here is my worst trade of ...

M1 Countertrend Scalping Strategy

I've only been doing this strat a short while so dont take what I say as gospel. To play it safe I mostly short when price is above the 200 and long when it is below. There are some exceptions if price is bouncing around in a range and sometimes I ...

M1 Countertrend Scalping Strategy

I found myself caught in the uptrend ever nearing the news event. I had hoped for a 200 touch on the dotted line to exit before the event however it didnt happen and into the storm I sailed. I'm not particular pleased with my course of action, I ...

M1 Countertrend Scalping Strategy

Another solid day, 0.17% gain. I feel I entered the big EURUSD downtrend a bit too early but it worked out regardless. I'm glad I didnt get into the AUDUSD up trend towards the end of the session. image image

M1 Countertrend Scalping Strategy

Good advice, thanks. 0.01 lot sizing is keeping me between the best parts of demo and live trading. I'll say again that I'm not adding capital to increase the amount I risk, its to allow some breathing room. What was the minimum account size ...

M1 Countertrend Scalping Strategy

Adding capital to my account gives me more room to breathe. I dont intend to stray from 0.01 lot sizes however I want to be able to dig myself out a hole if I land in one and also weight up the bottom of a trend to increase gain and get the orders ...

M1 Countertrend Scalping Strategy

Alongside trading live during the day I practice at nights replaying the days action. Focusing on improving entries, trying to avoid the beginnings of a trend and dealing with one once caught up in the action. Id say practice has its place but for ...

M1 Countertrend Scalping Strategy

I believe this to be day six, maybe day seven of profit. Although they are small gains its proving good for the confidence. My entries are improving, the feeling of FOMO and the tenseness of being several trades deep seem to be easing. However with ...

M1 Countertrend Scalping Strategy