Im distraught. The prop firm I'm using decided to change its rules today, the one rule that affects me most of all is that they now only allow three active orders per pair. Anymore and its GAME OVER. . I am annoyed as its going to up the ...

M1 Countertrend Scalping Strategy

The book arrived and right enough it is heavy but i'll keep at it and see if I can pickup a few things. Im too scared to change anything indicator wise now that I have something that seems to be working! Ah TradingView, none of the propfirms I like ...

M1 Countertrend Scalping Strategy

Thank you for the guidance. I'll read over the PA Common Sense thread over the weekend, I've also ordered the Al Brooks book mentioned as it isnt too pricey. I did think about zooming in to my trades for screenshot purposes however I feel it would ...

M1 Countertrend Scalping Strategy

Early finish to todays efforts due to work commitments. I was thinking I'll remove the 50 ema as I dont actively use it but I had the thought, what if I am using it and I dont realise it? So the 50 is staying. image image Whilst looking over ...

M1 Countertrend Scalping Strategy

A pleasant day trading. First trade was good. Second trade I got out on the second touch of the 200 as PA a bit choppy. image Didnt like the look of PA so got out on the 200. image And my usual exit late in the afternoon. image

M1 Countertrend Scalping Strategy

Solid start to Monday. Pleased with todays gains. image The below doesnt look great on paper however each order increases in size by 0.01 to ensure the weight is at the top of the trend. Exited BE + small profit and if it wasnt so late in the ...

M1 Countertrend Scalping Strategy

Didnt have much time today. Two trades. Hopped into the first trade without realising there was a news event within the hour so hopped straight out as soon as it flicked into profit. Second entry after price started consolidating following the news ...

M1 Countertrend Scalping Strategy

Quiet week on the trading front for me so far. I should of stuck to my guns and waited for the 500 touch but I got rattled out. image

M1 Countertrend Scalping Strategy

Congrats Nik. Solid work.

M1 Countertrend Scalping Strategy

Good going. Hey I know that feeling where you get out and price decides to rocket away into what would of been big profit. You got out in profit, its all good. I decided to dip my toe in the water today but as I want to get on with other stuff I ...

M1 Countertrend Scalping Strategy

I saw this great looking setup on EJ and dived in but due to work I had no access to a screen. I had hoped that a good TSL would look after things however it seems I set it a little to tight. Still, its better than nothing. As the last four Fridays ...

M1 Countertrend Scalping Strategy

Seems everyone was in on the news bar me! I picked a few pips off the top of GU, decided to TSL it once BE and let it play out. A good day! image Glad to see you've been busy Nik.

M1 Countertrend Scalping Strategy

Nice. Seems you have something that works for you. I decided to get out on the 50 seeing as the news is approaching. Following the news I may push for the 200 if things look good. image

M1 Countertrend Scalping Strategy

Can you explain what the yellow dots and arrows represent? Im not familiar with the MT interface. Looks like with trend trading to me but I cant be sure.

M1 Countertrend Scalping Strategy

Maybe. Well last Friday was a tough one. What a beast of a trend. I took a bit of a hit and decided there needs to be a better way to deal with a runaway trend which I have been testing to some luck. Almost deployed it yesterday as the whole day was ...

M1 Countertrend Scalping Strategy

You'll crack it, like you said its about adjusting your style to suit their rules and with some more time you'll have it figured out. I had a look at a few prop firms, liked the look of the funded trader however its went under. Plus watching your ...

M1 Countertrend Scalping Strategy

I dont want to talk about Tuesday. What a ride into drawdown . I loaded up the trend far too early, should of waited for that double bottom before going hard at it. BE and stress. On Nicks advice I'll be aiming for yonder the 200 when ...

M1 Countertrend Scalping Strategy

Not a great start to Monday. In both these examples the 200 exit lead to a small loss. The top example I should of exited on the first 200 touch. Going forward if I'm a few orders in I'll use the 200 as an exit if in profit. Failing that wait for a ...

M1 Countertrend Scalping Strategy

I should of jumped out and eaten the loss before the news! Thats the third Friday in a row I've been caught in an all day trend. I dont think Fridays are for me! Weekly account gain of -0.5%, I handed what remained of my weekly profit and then some ...

M1 Countertrend Scalping Strategy

I cant close all on tradingview but my broker Pepperstone has an app which can, it can be setup to close all, or only those in profit and a few others things however like you've found it is not quick enough sometimes if you're aiming to get out BE ...

M1 Countertrend Scalping Strategy