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niks replied Sep 26, 2024M1 EURUSD - moving fast now... image only had time for one entry! image
M1 Countertrend Scalping Strategy
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niks replied Sep 26, 2024M1 EURUSD - trend continuation entries between ema20 and ema50... image targeting break of previous high... image and reaching it! image
M1 Countertrend Scalping Strategy
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niks replied Sep 26, 2024M1 EURUSD - risk management in action! first two orders were trend continuation, first off ema20, then ema50... but the pullback ran deeper so now i expect a move down to ema200 and entered two more countertrend orders with larger gaps... it moves ...
M1 Countertrend Scalping Strategy
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niks replied Sep 25, 2024M1 EURUSD - there are many ways to exit... in this case i took profit at resistance for the first order, could of flipped the first order in the circled area but didn't, and let the second order run for a break of resistance! image and the trend ...
M1 Countertrend Scalping Strategy
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niks replied Sep 25, 2024M1 EURUSD - patiently waiting for a deeper pullback to ema20 for entry into this emerging trend, added another entry at ema50 expecting a bounce off it... and targeting a break of the previous high for a quick scalp as the trend continues! image ...
M1 Countertrend Scalping Strategy
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niks replied Sep 24, 2024M1 EURUSD - missed the trend... image so catching some on top! image
PA Trading with EMAs and common Sense
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niks replied Sep 24, 2024that is correct mrfo, sometimes price does move heavily against my direction but i am still in the trade, i do not use stop losses, i will stop myself out when i feel no chance of recovery or if i'm forced to due to drawdown limits... my average rrr ...
PA Trading with EMAs and common Sense
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niks replied Sep 24, 2024i'm always open to ideas and am interested in yours, feel free to provide an example of how you would use them on a 1 minute chart, your rationale for choosing that period, and how it would provide greater benefit over any other arbitrary period... ...
PA Trading with EMAs and common Sense
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niks replied Sep 24, 2024M1 EURUSD - that's more like it! image image
PA Trading with EMAs and common Sense
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niks replied Sep 24, 2024M1 EURUSD image image it's moving now! image
PA Trading with EMAs and common Sense
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niks replied Sep 24, 2024M1 EURUSD - it gets trickier! image image image
PA Trading with EMAs and common Sense
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niks replied Sep 24, 2024M1 EURUSD - the ema period makes no difference, it is how it's used that matters! image image
PA Trading with EMAs and common Sense
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niks replied Sep 23, 2024M1 EURUSD - tricky trend! image image
PA Trading with EMAs and common Sense
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niks replied Sep 23, 2024it's pedantic i know but they are not the same at all, they have completely different meanings... Simple Moving Average Formula. SMA (n) = (P 1 + P 2 + … + P n) / n. Where: n is the number of time periods, Pn is the price at period n. there are ...
PA Trading with EMAs and common Sense
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niks replied Sep 23, 2024hello darwati, i do not plan to switch to just following trends, but i am working very hard on improving my trend following and combining it with my countertrend... of course you will remember the inspiration you provided to me when i started ...
PA Trading with EMAs and common Sense
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niks replied Sep 23, 2024another nice countertrend trade, great work sonicvista! your entries started probably just a little bit too aggressively as price was heading up to resistance which if broken would of applied some pressure... i prefer to leave gaps between orders ...
PA Trading with EMAs and common Sense