Thanks for the clear answers. When you Hedge do you just use our trade entry conditions to decide to kill the hedge/trades or a profit target or what?

M1 Countertrend Scalping Strategy

So you don't use cost averaging then? At what level of DD do you decide to hedge your positions? I assume you hedge a greater number of lots to close out in a small profit? Thanks

M1 Countertrend Scalping Strategy

Watching AU

M1 Countertrend Scalping Strategy

Thanks, hope you enjoyed.

M1 Countertrend Scalping Strategy

paid

M1 Countertrend Scalping Strategy

setup

M1 Countertrend Scalping Strategy

Already took my pips

M1 Countertrend Scalping Strategy

Watching USDCHF

M1 Countertrend Scalping Strategy

Thank you for the input and good luck with completing your Phase 2 challenge it looks like it is just around the corner. I am sure you will nail it at this rate. I think combining some Smart Money Concepts with the thread strategy makes a lot of ...

M1 Countertrend Scalping Strategy

All very good points, thanks for your input.

M1 Countertrend Scalping Strategy

Watching CADJPY

M1 Countertrend Scalping Strategy

YUP The Initial Stop Loss experiment is really annoying me. I think you are right about mixing my drinks, I just need to figure out how to make this work with less than 5% Daily Drawdown. I guess I could just kill everything at 4.9% loss on some ...

M1 Countertrend Scalping Strategy

Watching GU trying 6 pip SL today with small cost averaging

M1 Countertrend Scalping Strategy

Thanks for posting this. I also watched this one he had about Stop Losses on Mean Reversion strategies: video

M1 Countertrend Scalping Strategy

I remember you mentioning earlier to people just starting with the system to try setting 3 pip SL's. Also being we are often only targeting 3 pip movements the RR ratio was at least 1:1. So I tried that for a bit and found it to be to tight as the ...

M1 Countertrend Scalping Strategy

I am trying a new experiment you guys let me know if you want me to post the results as I am changing the program from our thread. No more cost averaging or hedging. 4 pip SL on every order. My hypothesis: In the end cost averaging is going to kill ...

M1 Countertrend Scalping Strategy

Thanks UJ paid

M1 Countertrend Scalping Strategy

trend pips

M1 Countertrend Scalping Strategy

Soap Opera continues

M1 Countertrend Scalping Strategy

Positions are hedged now I would say chances are 75% it will survive.

M1 Countertrend Scalping Strategy