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niks replied May 5, 2025M1 XAUUSD - first two trend continuation trades failed, so waited for a countertrend opportunity bounce off ema200 then the trend continued before pulling back again! image
M1 Countertrend Scalping Strategy
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niks replied May 5, 2025timing entries and exit to perfection, always great to see amiraven!
M1 Countertrend Scalping Strategy
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niks replied May 5, 2025yes, if the pullback runs deeper than expected and breaks the ema support or resistance, then it becomes a mean reversion trade and i will start to cost average down, i will very rarely cost average up adding to winning positions
M1 Countertrend Scalping Strategy
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niks replied May 5, 2025it is a lot more reliable than mean reversion and still technically a countertrend if you wait for a pullback! M1 XAUUSD image image image
M1 Countertrend Scalping Strategy
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niks replied May 2, 2025M1 XAGUSD - trend continuation scalp! ema's act as support/resistance during a strong trend and will break the previous extreme when they do so! image
M1 Countertrend Scalping Strategy
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niks replied May 2, 2025thanks mate, it was just a thought, please don't go out of your way, i use mt5 and can use ai to auto generate it... it's looking good!
M1 Countertrend Scalping Strategy
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niks replied May 2, 2025M1 EURUSD - countertrend scalp! enter on ema9 overextension and price action support... image target return to ema20 and ema200! image
M1 Countertrend Scalping Strategy
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niks replied Apr 30, 2025hi cliffjaded, good to see you back! hope all is well and thanks for the contribution... i had this idea about distance to ma i posted a while back... distance to ema is clearly visible, using a long term average number of pips from swing high or ...
M1 Countertrend Scalping Strategy
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niks replied Apr 24, 2025hi codar, it cannot be prevented, it must be managed, i do not ever increase lot size... if price moves against me, i wait longer before placing another order leaving large gaps between them, at some point i will stop placing orders and either take ...
M1 Countertrend Scalping Strategy