AUDUSD 1M long off support targeting break of ema200 just below previous high, the faster ema's crossing below ema200 suggested a weak downtrend, failure to break the support level confirmed it image then another entry as it attempt to push lower ...

PA Trading with EMAs and common Sense

long off support, then again as break of support failed to hold, targeting previous high, first upswing encountered resistance then fell right back down to entry level but then formed a beautiful double bottom which provided the extra fuel needed to ...

M1 Countertrend Scalping Strategy

AUDUSD 1M after taking profits on the spike from the news i expected a retrace of the move so entered short targeting around ema200 with a higher than usual but reasonable target - no cost averaging was initially planned just in case the sentiment ...

PA Trading with EMAs and common Sense

hey steve, the first one multi rsi is one i knocked up out of curiosity for this thread url the second one is an example from mql5 website

M1 Countertrend Scalping Strategy

and plenty more to come! it is the only way to learn and gain experience while developing your own ruleset that suits your trading style, good luck!

M1 Countertrend Scalping Strategy

what do you mean "dual rsi"? are you referring to multi timeframe RSI's in the same window like this? image and when you say "accelerating" or "slowing", do you mean something like this mufti coloured rsi? image

M1 Countertrend Scalping Strategy

appreciate the support, thanks mate! still just practicing with bitcoin on the weekends but i am starting to feel its rhythms!

PA Trading with EMAs and common Sense

that is very nifty! never been a fan of these but this looks like something i haven't seen before, thanks for sharing Abade!!! i'll let you know how it goes if i start using it...

M1 Countertrend Scalping Strategy

your very welcome carlos! best of luck on your journey, take your time, practice AS MUCH as you can, and make sure you feel prepared for every worst case scenario before trading live and start off small until your performance is proven before ...

M1 Countertrend Scalping Strategy

and that's the way to end the weekend, 100% - check out the positive slippage on that last order, amazing!!! image

PA Trading with EMAs and common Sense

BTCUSD 1M (DEMO) now long again after rejection of breakout at support... image then cost average in one more order as more shorts get trapped, targeting a break above ema200 just below previous high to cover spread for a faster exit... image ...

PA Trading with EMAs and common Sense

BTCUSD 1M (DEMO) so went short after close of previous trade expecting a break below ema200 and targeted accordingly down to a support level - had to cost average two more positions after the uptrend had one last gasp trapping a whole bunch of longs ...

PA Trading with EMAs and common Sense

BTCUSD 1M (DEMO) just following the trend! image the next reaction off ema50 will be watched closely, if it breaks below and holds i'll close manually lock some in just in case image ran out of steam, resistance was too strong, pin bar to the ...

PA Trading with EMAs and common Sense

BTCUSD 1M (DEMO) long after rejection of countertrend move anticipating trend continuation remaining above ema200 targeting previous high - will cost average down to ema200 to manage risk if required... image otherwise let it run to target after ...

PA Trading with EMAs and common Sense

AUDUSD 1M long after overextension targeting around ema50, looked simple enough! image then again, feeling confident it will return... image which it did and offered a small profit, but my targets were higher and i didn't close manually - bad ...

PA Trading with EMAs and common Sense

and if it doesn't then go for another countertrend opportunity! there is additional support on this one... image with a reasonable target just below ema200 in this case... image so now it looks like holding below ema200 as it breaks support ...

M1 Countertrend Scalping Strategy

the status of the strategy as initially published has not changed - i have been trading it live daily for six months with small but consistent weekly profits after many months of successful demo trading and planning i'm still using smaller lot sizes ...

M1 Countertrend Scalping Strategy

EURUSD 1M countertrend long targeting return to ema200 after impulsive move first traps the longs then traps the shorts to create the support zone that will hold price as it moves back to ema200 then a false breakout traps a new wave of shorts that ...

PA Trading with EMAs and common Sense

EURUSD 1M initial entries based on trend continuation long above ema200 which didn't hold, then the additional entries were based on a countertrend move to back above ema200 which would then continue the uptrend into the targets as it holds image ...

PA Trading with EMAs and common Sense

thanks the thehusla, it was a pleasure chatting with you and thanks for your support, i understand how my style does not resonate with yours, i think vvm felt much the same, i hope he is well too, he is fun to chat with! i'll try and keep this ...

PA Trading with EMAs and common Sense