- Search Metals Mine
- CM-PunkFX replied Mar 15, 2025
Many thanks gringo...... I suppose its set to default right?
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 15, 2025
Excellent thank you gringo…. Where do I also find that color moving average and is it set at default settings… your screenprint looks interesting so I want to set it up to take a look at it… or is there a template you can direct me to my friend. ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 15, 2025
which indicator is the green and red arrows you have here gringo and what settings do you have them on?... thanks in advance.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 15, 2025
Many thanks for the education and knowledge you have provided... I look forward to further details on how we can improve the strategy.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 15, 2025
yes I guess your right.. but you made a valid point too prop firm swap fees would be far too much for the trader so you would have to exit within the same day as you stated. Are the arrows only used just for the stoploss as you stated?… because if ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 14, 2025
Unfortunately the 1 hour chart or even the 30 minute chart wouldn’t work if your trading with prop firms as you can hold overnight on week days but you cannot hold thru the weekend or you will lose your account. Which is why I would say 1 min is ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 14, 2025
Thank you gringo… I look forward to the next lesson next week to see how this strategy can be further improved.. have a nice weekend my friend.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 14, 2025
Thanks for the explanation gringo… it does look very interesting and I’m gonna give it another go for sure. The one thing that gets me each time is we must follow the rules of this strategy. We HAVE TO enter from the 200 ema just like you stated and ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 14, 2025
I do have to admit I did use this strategy on gold when I first learnt about it from you.. could that be the reason why it didn’t work that well? I mean everyone knows gold is more volatile than forex pairs but then again every forex pair trends and ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Mar 14, 2025
gringo I bought this strategy from KOF too… it’s very interesting and you have outlined correctly how it works. In the screen print you have explained this very well. However I have some questions I would like to ask you. Whilst the strategy looks ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Feb 25, 2025
yes I guess our right in a way… the 1M TF has always been known to have a lot of noise and to some it’s not tradable but then again I suppose it’s how you use it. Being fast means it suits some people who don’t like waiting… but I guess at the same ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Feb 25, 2025
Again thanks for the explanation…. I finally understand those numbers often seen on your screen prints
didn’t know they were so useful. In the case of a stoploss and the number settles again do we re-enter and then again the stoploss slightly ...M1 Countertrend Scalping Strategy
- CM-PunkFX replied Feb 25, 2025
Ah… now I get what you mean gringo.. thanks for the detailed explanation my friend. A lot more clearer after your explanation. So the right number doesn’t print on the bottom or top of a candle unless it settles and closes with that candle, and then ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Feb 25, 2025
Oh by the pip counter number u thought you meant enter using the HH numbers or the LL numbers.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Feb 25, 2025
excellent tip gringo…. I have seen you use those numbers a lot in your screenshots (the zigzagm indicator). At first I didn’t know what the numbers were there for until you explained. They are quite effective if you include them a strategy. However ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 26, 2024
gringo how do I get the red and green arrows that form the support levels… which indicator is that one?… thanks in advance.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 10, 2024
gringo, agree with everything you said in the screen print part from the bit about Heikin Ashi candles. Aren’t Heikin Ashi candles just a form of indicators?.. as they only show a trend and not the correct price.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 9, 2024
I have always wanted to stay on the 1 min, 5, min charts and I never once considered trying to trade on the 1 hour or 4 hour charts. But I think I finally understand why you trade on the higher time frames so much. For example even though the ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 7, 2024
I agree with the above and you are completely right the knowledge is the deciding factor. Indicators are only to aid your knowledge. I have been using indicators too long now to say that they don’t work on their own. Only use indicators to make a ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 7, 2024
what you say brother is perfectly true… and I 100% agree. My argument is you know how to trade so it’s simple to you. However another person say a beginner or novice using the same set up as you would probably not succeed as they would be following ...
M1 Countertrend Scalping Strategy