- Search Energy EXCH
- 189 Results (168 Replies, 21 Comments)
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erod84 replied Feb 21, 2023I banked on usdcad loaded up on 1.3502 small and cautiously as 1.3515 had the bigger fish and is 50% of the order block however still banked $1500 this morning. Again you'll see it's about confluence and patience for me! cpfleger template made me ...
M1 Countertrend Scalping Strategy
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erod84 replied Feb 20, 2023Exactly! I like to think of it like a pilot doing pre checks before take off. A tip on poi also.. the faster it enters the level more relevant it is don’t be intimidated if it aggressively enters the zone! I prefer those and load up bigger. It means ...
M1 Countertrend Scalping Strategy
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erod84 replied Feb 20, 2023It's a learning experience.. think of the 1 Hour chart as the bigger picture. Mark it up with levels & set alarms on the levels to alert you it's approaching, and use as confluence for the 1/5M chart on cpfleger template. Charli86 is doing a great ...
M1 Countertrend Scalping Strategy
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erod84 replied Feb 20, 2023I would look for countertrend AU at 0.6955/0.69600 level area. It’s going to make a run and grab liquidity right above your position. Most likely in Asia session as USA markets are closed. It’s too risky for me, but your call of course.
M1 Countertrend Scalping Strategy
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erod84 replied Feb 20, 2023Also got in on gbp/jpy for 7 pips $1.1k profit in 8 minutes no drawdown.. in n out. I left some commentary to help the members of my logic taking the trade.
M1 Countertrend Scalping Strategy
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erod84 replied Feb 20, 2023Amen! ”I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times.” -Bruce Lee
M1 Countertrend Scalping Strategy
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erod84 replied Feb 17, 2023Usdcad still melting down hard from 1.3540. Congrats to all who took it in this area.
M1 Countertrend Scalping Strategy
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erod84 replied Feb 17, 2023On the trades you see they are more or less the same. However if price spikes 5 pips above I take another 5-6 trades at a better price and get additional 5 pips.
M1 Countertrend Scalping Strategy
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erod84 replied Feb 17, 2023charli86 usdcad hit 1.3540 and is melting down. Hope you got some green.
M1 Countertrend Scalping Strategy
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erod84 replied Feb 17, 2023Yes! Agreed, however if you combine levels and SMC in this drawdown becomes non existent.
M1 Countertrend Scalping Strategy
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erod84 replied Feb 17, 2023You got this! It was a valid signal to me.
M1 Countertrend Scalping Strategy
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erod84 replied Feb 17, 2023Thanks bro!
yes I got some green on usdcad. Hit my alarm and confirmed on cpfleger templateM1 Countertrend Scalping Strategy
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erod84 replied Feb 17, 2023charli86, did you get in on usdcad? It was a great trade. Hit 1.3515 and dropped. Poked a bit above but still managed to get 5-10 pips easy. See how this is like a weather forecast gents?
M1 Countertrend Scalping Strategy
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erod84 replied Feb 16, 2023josh1111 I don’t cost average because the way I trade this system rarely calls for it. DD is around 1% to trigger a hedge but again 99% of the time i don’t require any hedging. Use SMC and even RSI divergence with cpfleger template, grab your 5 pips ...
M1 Countertrend Scalping Strategy
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erod84 replied Feb 16, 2023Pushed myself but made $8k in profits today and passed phase 2.. 100% with this system alone with SMC concepts that I shared. So if anybody tells you it can’t be done, here it is. $300k funded here we go.
M1 Countertrend Scalping Strategy
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erod84 replied Feb 16, 2023charli86, doubtful during Asia however you are very close! 1.35150 is the first level to watch 1.35400 is the bigger fish for sells. When I mark my levels, i also set alerts in tradingview like "approaching 1 hour order block @ price" so i can watch ...
M1 Countertrend Scalping Strategy
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erod84 replied Feb 16, 2023Green pips are green to me!
write down that level to load up BIG. Lots of BSL liquidity up there, good time for a sell.M1 Countertrend Scalping Strategy
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erod84 replied Feb 16, 2023I'm leaving a video for the group that helped me a lot, and i highly recommend ipdatatrader's channel to learn this concept. Again, it's a tool to put green in your pocket in my opinion. Combine this with Countertrend, you'll be a rockstar! because ...
M1 Countertrend Scalping Strategy