"The bigger they come, the harder they fall" just saying...one big loss can wipe out all your wins...

M1 Countertrend Scalping Strategy

cpfleger, what is the status of that trade? Must be pretty deep in the red currently...

M1 Countertrend Scalping Strategy

Nice trade on GBPJPY, M5 after rejection at 50% fib and prev. day high.

Imbalance is key 🔑🔒

FX Blue trade copier. Free version.

Prop Firm Hub

Seems to work out, but this is more like a double bottom. For the imbalance it is recommended to have price moving away into "open" space, not in areas where price was before.

Imbalance is key 🔑🔒

Nice one. So for this entry you waited for the rejection at the monthly level and opened the trade on opening of the next M5 candle?

Imbalance is key 🔑🔒

Yes, this can happen anytime. No matter how good your analysis is. Therefore I think averaging in is still the way to go (no stop loss), but not blindly or strictly after x pips. There has to be some kind of reversal signal. Secondly, keeping the ...

M1 Countertrend Scalping Strategy

Perfect, please count me in!

M1 Countertrend Scalping Strategy

Sounds interesting. Will you charge for it?

M1 Countertrend Scalping Strategy

cpfleger, I 100% agree. But KoF raises false hopes if anyone believes that HIS reckless trading style is sustainable with a Live account. I am not talking about the modified version in this thread, the tatics discussed here are golden and I use them ...

M1 Countertrend Scalping Strategy

KoF's sessions are Live, but his account is Demo. 100% certain.

M1 Countertrend Scalping Strategy

KoF will simply open a new demo account and do the same thing again . He does not really trade live anyways, his income is based on selling his "systems"...

M1 Countertrend Scalping Strategy

Fair enough. I find it always hard to focus on 2 strategies, especially switching from trend to countertrend and vice versa. It's always easy in hindsight though.

M1 Countertrend Scalping Strategy

Nice, but this is not what this strategy is all about. The thread is called "M1 Countertrend scalping".

M1 Countertrend Scalping Strategy

Dude, you have commercial intentions which you can promote in your own dedicated thread - not here.

Prop Firm Hub

Yes, so funny...

M1 Countertrend Scalping Strategy

Exactly. No offense, but I think KoF's income mainly depends on selling his systems and he uses his videos to promote them. However, I like the core of the strategy, but as said before more based on cpfleger's approach using the RSI and waiting with ...

M1 Countertrend Scalping Strategy

Yes, will be interesting to see how this pans out. Honestly, I mean his entries are really not good...his "skills" are ONLY based on averaging in. Everybody can do this on a demo account. For me, I follow more cpfleger's approach and it works well ...

M1 Countertrend Scalping Strategy

Also very bad timing for trading...Friday and after NFP. Better to take early profits and call it a week ;-) I think KoF wouldn't be so calm if it was a real live account...

M1 Countertrend Scalping Strategy

I traded with him but closed GBPUSD at the 50 EMA.

M1 Countertrend Scalping Strategy