Josh1111, thats cheating, I am telling the Biden Administration on YOU..... arhhhhhhhhh cpfleger

M1 Countertrend Scalping Strategy

josh1111, I hope your not having tooooo much fun, trading is suppose to be Hard Man, your making it toooo easy.... cpfleger

M1 Countertrend Scalping Strategy

Next victim...

M1 Countertrend Scalping Strategy

as planned in previous setup screenprint.

M1 Countertrend Scalping Strategy

ross.d, the subject with Abade was pertaining to stop losses (page 20), I said most Traders would set a SL at 2 to 5 pips or wait it out if the market reverses against their trade. I tend to wait it our because lower TF trades tend to reverse alot ...

M1 Countertrend Scalping Strategy

Silver scalping...

M1 Countertrend Scalping Strategy

dr.essamq, so was I, page 22 screenprint, the 200 ema is above and the setup was ok for Buy pullback which has been proven very successful. cpfleger

M1 Countertrend Scalping Strategy

Pre setup...

M1 Countertrend Scalping Strategy

dr.essamq, is that not what my screenprint shows, away from the 200 ema and trading the pullback towards the 200 ema.... cpfleger

M1 Countertrend Scalping Strategy

Adabe, while we wait patiently for Silver to reverse upwards I have reversed engineered Silver to scalp a few Buys. cpfleger

M1 Countertrend Scalping Strategy

an example of waiting where most people would close at a loss, I have a very high risk tolerance but I do not recommend for most traders yet, until they learn to read the Market as KoF says. cpfleger

M1 Countertrend Scalping Strategy

Abade, the 200 EMA is a directional guide only, as screenprinted the 200 is sloping upwards which for trend followers is a Buy but we counter trend scalp so we wait for pullback. Fanned MAs is a gap between lines to represent a fan (japanese fan), ...

M1 Countertrend Scalping Strategy

Abade, it sounds good and answer your last question, I only start a trade with a small lot size that I consider acceptable as a loss before I enter a trade, if it reverses I either exit at a small loss or let it ride until it reverses because it ...

M1 Countertrend Scalping Strategy

Abade, great news then, we are aligned. send the guide out too, thanks. cpfleger

M1 Countertrend Scalping Strategy

Abade, ok now? cpfleger

M1 Countertrend Scalping Strategy

try this one.

M1 Countertrend Scalping Strategy

Silver for the 3rd time today.

M1 Countertrend Scalping Strategy

Abade, its correct, it measures the wick before and the size of the rectangle box implies the distance... cpfleger

M1 Countertrend Scalping Strategy

Now refer to my Strategy Guide I posted earlier as it defines the Steps needed. cpfleger

M1 Countertrend Scalping Strategy

Abade, you still have an old Button on the top right side, go to Objects and delete or use my alst Template since I cleaned the file. cpfleger

M1 Countertrend Scalping Strategy