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niks replied Sep 19, 2024excellent countertrend trade, very nicely timed, well done mate! the trade history lines look fine...
PA Trading with EMAs and common Sense
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niks replied Sep 19, 2024M1 EURUSD - i'm not complaining! image
PA Trading with EMAs and common Sense
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niks replied Sep 19, 2024M1 EURUSD - it's moving very fast! image
PA Trading with EMAs and common Sense
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niks replied Sep 19, 2024M1 EURUSD - some very nice positive slippage right there! image
PA Trading with EMAs and common Sense
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niks replied Sep 19, 2024no problem sonicvista, if it helps it's always my pleasure! image you can see now what i mean when i often look back at these trends and regret not holding from the start, that has to change! image
PA Trading with EMAs and common Sense
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niks replied Sep 19, 2024M1 EURUSD - and on it goes! image cheers! would of been better to hold all positions from the start though, bugger! it's simpler for me to capture without the time and date with the way i have my chart setup at the moment, in most cases, i post as ...
PA Trading with EMAs and common Sense
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niks replied Sep 19, 2024M1 EURUSD - after a bit of sideways... image resistance is broken and the trend continues! image
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024M1 EURUSD - deeper pullback after double top... image
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024M1 EURUSD - strong trend... image with limited pullback entry opportunities... image
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024M1 EURUSD - following the trend! image image image it's too wild for a prop account where there are strict drawdown limits, margin is also high... mainly EURUSD and AUDUSD on live accounts and mostly demo on the weekends for BTC, margin is ...
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024M1 EURUSD image really enjoying your analysis sonicvista! i stopped trading gold, it swings too wildly for me, good luck!
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024M1 EURUSD - back into profit... image maybe i got it right this time! image
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024M1 EURUSD - possible change of short term bias, covering potential losses... image the faster ema's have formed parallel lines, and ema50 is about to cross ema200... image that's the theory anyway! i never trust the market, no matter what!
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024M1 EURUSD - same deal as trade above... but this time it pulled back to ema50 so another order was added... image target was simply a higher high using the keltner channel and rsi as a guide... there was a nice ema200 bounce, but i missed the entry ...
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024M1 EURUSD - following the trend like a hack! having anticipated a trend, i re-entered on a pullback to ema9, and would of added orders if it pulled back to ema50 and beyond but it didn't in this case... image i then look for an exit on the next ...
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024M1 EURUSD image image my pleasure sonicvista, i think ema50 has it's place, especially when following a strong trend... i am most definitely more comfortable with countertrend, like the trade above, i feel like it's going to start a trend, but ...
PA Trading with EMAs and common Sense
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niks replied Sep 18, 2024image price action, ema's, and rsi are all you need!
M1 Countertrend Scalping Strategy
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niks replied Sep 17, 2024it makes sense, i understand what you mean, and you are correct, it's the faster ema's that are more important to detect it... image in your example and the current one i have posted, the trend will start and the faster ema's will form parallel ...
PA Trading with EMAs and common Sense