It depends how fast price moves into my POI level.. on average about 5-7 positions with 5 pip TP each.

M1 Countertrend Scalping Strategy

I was mostly in watch mode due to consolidation action in price from yesterday just didn’t feel the vibe, however saw this gbp/jpy setup and got in for a small profit. Done for today. So far up $4500 this week on my $300k funded account. Also gents ...

M1 Countertrend Scalping Strategy

So well put danielessee87. Thank you! And the RSI 14 divergence to me is yet another confluence and tool to further validate your trade.

M1 Countertrend Scalping Strategy

Well said! And elsaloon you aren’t required to put levels or follow my approach to trade this successfully. However, if you want 99.999% stress free trading and no cost averaging in and out of trades within minutes.. then levels are for you. I don’t ...

M1 Countertrend Scalping Strategy

Elsaloon, My strategy is exactly the same as cpfleger.. however what I do is scalp around order blocks on the higher time frames. What you do is zoom out to 1 or 4 hour chart look for sharp moves up or down mark up your levels go down to 15 minute ...

M1 Countertrend Scalping Strategy

We have a similar background! Computer science major Java/C++ programmer here but laid off in 2013 after 8 years. I’m now just doing Forex primarily and currently work part time in the insurance industry to keep busy. Forex is no different! Being a ...

M1 Countertrend Scalping Strategy

Pre Setup’s that’s a good suggestion. Ok, coming up once I get back to trading next week. I’m out for family remainder of this week.

M1 Countertrend Scalping Strategy

20 pips is awesome!!!! You are taking off like a rocket danielesse87. Welcome to the power of levels and EMA’s. I eat EMA’s for breakfast, I’d like a EMA 9 omelette

M1 Countertrend Scalping Strategy

You got this bro! I’m so proud to see you progress. Never quit! We are family on this thread! Brothers. I don’t know if you ever saw the Rocky series with Stallone (my fav) but man!! Some motivation there. This is for you charli86 video

M1 Countertrend Scalping Strategy

Spot on!! Wow you are becoming dangerous. It’s just my personal risk tolerance but I either target ema9 or just 5 pips and get out with my green bag. But the area you highlighted is a great exit point. Also note on your chart the wick bounces, it’s ...

M1 Countertrend Scalping Strategy

If it’s a higher time frame level and price left in a quick violent fashion I would not use it beyond twice. The more it touches the level, more orders are absorbed. To be safe keep it once in my opinion and just be patient for next level.

M1 Countertrend Scalping Strategy

So what are you afraid of? Just keep repeating your edge over and over. You got this danielesse87. A couple hints and tricks from an older dog.. 1 ) Have a daily target in mind whether it’s pips or percentage. Over trading leads to greed, and greed ...

M1 Countertrend Scalping Strategy

danielesse87, Have you ever been trapped or fear of getting trapped? I don’t like to assume but it sounds like the latter. If so fear paralyzes and puts your subject in control versus YOU in the cockpit. Demo trade this for a while before you put ...

M1 Countertrend Scalping Strategy

All the indicators on cpfleger template are a green. Align that with SMC & POI's and you too will become a Forex rock star.

M1 Countertrend Scalping Strategy

GBP/JPY major supply order block hit.. what could you do with this information KNOWING (A weather forecast) to expect sells in this area? I've been watching this area for days and got an alert on it. Do you see the power of this gents? look how it ...

M1 Countertrend Scalping Strategy

danielesse87, this is for you.. Can you climb the rope or not? or will you give in to the inner voice of criticism? url

M1 Countertrend Scalping Strategy

Danielesse87 you need more practice and confidence in your trading.. use your eyes and tell yourself what they see? Zoooooom out on your charts on the 1/4 hour time frame. Look for sharp declines and inclines of price, put a rectangle on it. Go down ...

M1 Countertrend Scalping Strategy

The force is strong with this one! Good analysis charli86

M1 Countertrend Scalping Strategy

They have a 30 day waiting period before first payout, however I’m not sweating it. They are a legit prop firm.

M1 Countertrend Scalping Strategy

The reasons I write down lead to discipline, and discipline + patience is what pays us traders consistently! And passes challenges like this. I will now be a $600k funded trader. Passed my second $300k challenge.

M1 Countertrend Scalping Strategy