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    • PR31D replied Feb 5, 2024

      I had a crack at trading both with and against the trend today. Made the mistake of using a stop which came back to bite me. image Today I managed to get my account up to a solid round number which I am pleased about. Given I can only have ten or ...

      M1 Countertrend Scalping Strategy
    • PR31D replied Jan 31, 2024

      Looking over my trades today I agree with you. I was far too gung ho with most of my entries, increasing my risk unnecessarily. I've added my thoughts on my entries below. For clarity, any blue/red arrow without any white arrow pointing at it is an ...

      M1 Countertrend Scalping Strategy
    • PR31D replied Jan 31, 2024

      As I was busy last night I didnt get my usual hour or two of practice in. I had hoped to feel out my idea replaying the days action, running it through as much PA as I could. I'll make up for it tonight. Below is the rough idea fitted to the GBPUSD ...

      M1 Countertrend Scalping Strategy
    • PR31D replied Jan 30, 2024

      After a big move it seems with me being new to it that a stop loss is a better idea than living in hope that price reaches the 21, 50 or 200. Instead following price a few ticks back with the SL until it stops me out in profit. image Did anyone get ...

      M1 Countertrend Scalping Strategy
    • PR31D replied Jan 29, 2024

      Thank you for the link, some good reading. I try to spend 1-2 hours on the charts each day however I would still class myself as relatively new to the game. Today I managed to get caught up in a trend with gold. Managed not to panic when I hit my ...

      M1 Countertrend Scalping Strategy
    • PR31D replied Jan 26, 2024

      I have been using KoF's tough trend method, combining it with Abades rule with price having to first touch the 50EMA before starting to countertrend. With a $500 account I am limited to 6-10 0.01 lots depending on the pair so I try to not over ...

      M1 Countertrend Scalping Strategy
    • PR31D replied Jan 25, 2024

      Great thread. I've managed to read through 1100+ posts and there is a lot of good information on hand. One thing that I'm still unsure of is how do you know which EMA to wait for once you are several orders deep? If its a tough trend do you just ...

      M1 Countertrend Scalping Strategy