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niks replied Aug 25, 2023i agree, his contributions were highly valuable and it's worth repeating his wise words and warning to us about trading just the basic ema strategy on its own from his opening post: "Hello. I am following this thread from few days and I just want to ...
M1 Countertrend Scalping Strategy
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niks replied Aug 25, 2023excellent, after a weak rejection of ema200, it bounced up off ema50 then ema20 to break and hold above ema200 and never looked back! a typical KoF trend setup, i really got to get my act together on these... image the market never repeats but it ...
M1 Countertrend Scalping Strategy
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niks replied Aug 25, 2023M1 AUD countertrend scalp earlier today, the power of resistance! image short off resistance after massive ema9 overextension into a strong resistance area, resistance held and moved price back down into support area and broke through strongly ...
M1 Countertrend Scalping Strategy
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niks replied Aug 24, 2023i can't make out the actual trades on your chart so it is difficult to comment, i think i see entry points but no exits... anyway, thanks for the al brooks video, he was one of the inspirations from the trader i learnt from - i have one his books, ...
M1 Countertrend Scalping Strategy
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niks replied Aug 24, 2023you're giving the gut a good workout donny, you'll have a six pack in no time! very nice trading, the timing will improve significantly over time... it's my pleasure SurMoose, although uncomfortable in doing so, it is also encouraging for me to ...
M1 Countertrend Scalping Strategy
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niks replied Aug 24, 2023M1 EUR countertrend scalps - holding firm on targets! image entered short on ema9 overextension and resistance level anticipating a failure to hold above ema200, targeting a break below ema50 just above recent support levels price failed to hold ...
M1 Countertrend Scalping Strategy
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niks replied Aug 23, 2023with regard to trader education material i agree with Abade, unless you trust that the author really is a successful trader, the knowledge is useless - i have read one book and followed one educator part time in the last 15 years, and am now ...
M1 Countertrend Scalping Strategy
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niks replied Aug 23, 2023M1 GBP countertrend scalps - against the flow! image entered four orders long on support and after ema9 overextension as in previous trade, support failed to hold so entered two more orders in case of false breakout, which it turned out to be as ...
M1 Countertrend Scalping Strategy
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niks replied Aug 23, 2023thanks sonicvista, we need a trend to countertrend! M1 GBP countertrend scalps - ema9 overextension entry, exit at resistance! image
M1 Countertrend Scalping Strategy
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niks replied Aug 23, 2023M1 AUD countertrend scalps - entering on resistance, exiting on support! image i am not even close to being a master yczzd, but i appreciate your sentiment and kind words... identifying support and resistance is just a matter of seeing where price ...
M1 Countertrend Scalping Strategy
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niks replied Aug 23, 2023M1 AUD countertrend scalps - playing it safe! image entered long on support levels after strong push down was preceded by a higher high, the push down was stronger than expected so one final order was placed on the break of support and then waited ...
M1 Countertrend Scalping Strategy
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niks replied Aug 23, 2023M1 AUD countertrend scalps - targeting the range... image as the downtrend stalls and enters sideways, short off a recent resistance level and double top targeting previous support levels price was undecided until it broke higher up to a less ...
M1 Countertrend Scalping Strategy
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niks replied Aug 22, 2023interestingly, i have only read one trading book and it was about a complete price action strategy, the strategy didn't work for me, but the price action and business lessons i learnt from it were invaluable... i do not trade the trend often, as i ...
M1 Countertrend Scalping Strategy
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niks replied Aug 22, 2023cheers cliff, many, many hours of screen time for sure, but less as time goes by, and yes, the payoff is intuition getting stronger by the day! with 1:30 leverage, and after experiencing a margin call stop out for the first time recently, i have ...
M1 Countertrend Scalping Strategy
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niks replied Aug 22, 2023it's always a pleasure sonicvista and amiraven, the M1 charts move very fast so capturing the thought process AS the trade is playing out is important because it is very easily forgotten once the next trade comes along... i did it for a period of ...
M1 Countertrend Scalping Strategy
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niks replied Aug 22, 2023M1 AUD countertrend scalps - a lower high typically follows up with a lower low! image
M1 Countertrend Scalping Strategy
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niks replied Aug 22, 2023M1 AUD countertrend scalps - anticipating a lower high, targeting a break of ema200! image
M1 Countertrend Scalping Strategy
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niks replied Aug 22, 2023M1 AUD countertrend scalps - using support and resistance while the uptrend stalled... one... image two... image and three!!! image
M1 Countertrend Scalping Strategy
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niks replied Aug 22, 2023M1 AUD countertrend scalps - tricky market! image short off resistance and ema9 overextension targeting ema50, added second order to catch false breakout, plan to add a third if breakout holds and next resistance level is reached, which it did, so ...
M1 Countertrend Scalping Strategy
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niks replied Aug 21, 2023M1 AUD countertrend scalps - price action, its free! image after price smashes through ema200, it overextends ema9 and provides a good short opportunity for a return and subsequent break of ema200 down to next support levels where the targets are ...
M1 Countertrend Scalping Strategy