True and the Yanks (Banks) are evaluating their Books so to determine the next few hours of direction whilst taking some retail Stop Loss money...

M1 Countertrend Scalping Strategy

If you zoom inwards, you will see the firstb 1 wick HA Candle starting now and all the previous candles have been 2 wicked candles (indecision), due to Brits gone home and its Friday (volume has dropped). Using HA Candles means watch for the 1 wick ...

M1 Countertrend Scalping Strategy

armhamdy, Reference your previous screenprint - post 166. It shows early trades when there was no real reason to open yet, which is why I commented. gerval, I answered in armhamdy above - RSI red lines touch and look upwards to HA Candle with 1 wick ...

M1 Countertrend Scalping Strategy

additional confirmation for those who need more colors and indicators...

M1 Countertrend Scalping Strategy

audjpy m5 - we have red lines and new direction - sell.

M1 Countertrend Scalping Strategy

The Brits go home in a few minutes, so the Market will drop by 35% in volume.....

M1 Countertrend Scalping Strategy

see attachment.

M1 Countertrend Scalping Strategy

amrhamdy, use the RSI more, wait for the top line to cross the bottom fat line and then look up to see of you have a 1 wicked HA Candle (Red) and then open the trade, add after each closed candle and then exit at 20 EMA. cpfleger

M1 Countertrend Scalping Strategy

Wow, we went from 20 viewers to 1, damn this thread has lost its energy, so much for simplicity and easy trading, have a great weekend. cpfleger

M1 Countertrend Scalping Strategy

amrhamcy, just be aware that scripts and EAs fail especially during news events when you try and close the trades, lag big time as the Broker purposely ignores them... cpfleger

M1 Countertrend Scalping Strategy

gerval, okay, what your asking is if a Trader enters at a wrong time due to the market pullback how does the Trader manage the trade position? If you have watched any of KoF Video's you will see he opens trades very early and has actually closed ...

M1 Countertrend Scalping Strategy

amrhamdy, just a comment or two, the more Indicators the more eye distraction. keep it simple and clean, less is best, I have an excuse - old age. cpfleger

M1 Countertrend Scalping Strategy

The beauty of small profits, eventually you will have enough to buy yourself a Beer or two...

M1 Countertrend Scalping Strategy

gerval, can you provide a countertrend chart that shows the price action never returning to the 20 EMA? I have never seen one..... I await your evidence for the community can see and learn. cpfleger

M1 Countertrend Scalping Strategy

amrhamdy, nice one, build that confidence upwards and let the money flow. cpfleger

M1 Countertrend Scalping Strategy

Opportunities are everywhere...

M1 Countertrend Scalping Strategy

Performance is King, practice with focus and discipline to reach 90% of hitting 20 EMA even if its small profits, this build confidence and self motivates you daily, its achievable... cpfleger

M1 Countertrend Scalping Strategy

How many 20 EMA targets are there daily???

M1 Countertrend Scalping Strategy

20 EMA targets are everywhere...

M1 Countertrend Scalping Strategy

20 EMA Targets are very achievable....

M1 Countertrend Scalping Strategy