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niks replied Jan 9, 2023sorry to hear that josh but very glad that you understand where it went wrong and are prepared to discuss it openly and work on it, most others would not and just give up or do the same thing over again, keep working on it, you are on the right ...
M1 Countertrend Scalping Strategy
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niks replied Jan 9, 2023would you be so kind to share how the complete system got you out of the trade you posted as an example?
M1 Countertrend Scalping Strategy
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niks replied Jan 9, 2023thanks for the example, that would be obvious to most, its the risk management side of it that matters - what happens when it reverses on you? its the same question with every strategy which neither you or KoF have demonstrated
M1 Countertrend Scalping Strategy
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niks replied Jan 7, 2023thanks mate, we learn something new every day! If i get a chance i'll replay that tough move on gbpusd you posted above and see if i get stuck in it!
M1 Countertrend Scalping Strategy
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niks replied Jan 7, 2023thanks for the link to this excellent simulator Abade, it works very well! The only limitation is in MT5 because indicators can't be added to the visual tester chart, but that's ok, i feel like KoF trading the raw chart!
M1 Countertrend Scalping Strategy
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niks replied Jan 7, 2023hi, they are excellent tips, as simple as the strategy appears, there are many details to consider to make it successful, people tend to forget the HIGH RISK part of high risk\high reward strategies at their peril... however, i will disagree with ...
M1 Countertrend Scalping Strategy
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niks replied Jan 6, 2023so you blew your account did you?! tell us all about it and we might see where it went wrong for you...
M1 Countertrend Scalping Strategy
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niks replied Jan 6, 2023hey josh, you are 25% drawdown but only 30 pips from first entry, that is simply unsustainable i've just skimmed through the replay as i missed it live... i think that there were opportunities for those who wanted to take quick profits and he said ...
M1 Countertrend Scalping Strategy
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niks replied Jan 6, 2023well if you insist! image i only plan to show my worst trades and methods used to recover them to discuss mindset during the recovery period, which hasn't occurred since my 100 pip battle with the aususd the other day a few pages back, it's been ...
M1 Countertrend Scalping Strategy
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niks replied Jan 4, 2023sorry mate, you've lost me there, if that was a joke and i didn't get it i apologise! i do not see an active windows message and do not really understand the simpsons caption edit: cool!!! i don't watch simpsons, maybe i'll get it one day... edit: ...
M1 Countertrend Scalping Strategy
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niks replied Jan 3, 2023i agree with both points of view - it helps immensely while learning seeing the big dollars build up, and there's nothing wrong with that, as long as the lot sizing scale that you plan to use is the same you plan to use live, that is the most ...
M1 Countertrend Scalping Strategy
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niks replied Jan 3, 2023i hope not! image this is where analysing volume can help, hasn't been talked about much in this thread - as i started entering, i could see the higher than average volumes associated with bullish moves indicating a consolidation period, so i ...
M1 Countertrend Scalping Strategy
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niks replied Jan 3, 2023nice one! brave move... i'll try and catch it on the way back up!
M1 Countertrend Scalping Strategy
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niks replied Jan 3, 2023yes Abade, unfortunately, "they'll happen eventually", and i'd say josh handled his trip down the rabbit hole very well! i do not have the full ema strategy, there was another guy that chimed in a few pages back saying we are all doing it wrong if ...
M1 Countertrend Scalping Strategy
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niks replied Jan 3, 2023thanks for the enquiries - this was an example of a 100 pip move against my original position that resulted in a profit trading live is obviously different to hindsight, and looking back on this one, i am very pleased with the result which ended up ...
M1 Countertrend Scalping Strategy
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niks replied Jan 3, 2023yes he does, that's where i got the idea from! i bet a tough trend will find you first, good luck! time to warm up i think... image warm up didn't last long... image and then straight into battle! image image image
M1 Countertrend Scalping Strategy
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niks replied Jan 2, 2023this is an example of the first tough trend i encountered after watching only half an hour of a KoF live stream replay before i realised i hadn't watched enough and took a loss! obvious to see why right? i learnt a lot from this and it hasn't ...
M1 Countertrend Scalping Strategy
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niks replied Jan 2, 2023awesome!, you guys are on fire, i haven't even started trading for the year yet! Abade, i only trade eurusd and audusd, i'll probably start in a few hours time or tomorrow when liquidity picks up, the audusd is trending strongly atm, wouldn't want ...
M1 Countertrend Scalping Strategy