- Search Metals Mine
- CM-PunkFX replied Dec 27, 2023
image Just a quick update, I have started phase 2 on my prop firm challenge… was Ł700 up but then XAUUSD (gold) decided to trend late in the evening and I made a careless wrong entry, basically the entry was too early and it cost me as I tried to ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 21, 2023
image After 3 previous attempts I have managed to pass stage 1 of my prop firm challenge. Waiting for them to put me onto stage 2 so I can begin. Many thanks to this great forum and awesome people that are here to help others… I’m just an amateur ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 20, 2023
Niks... I noticed you said crappy trend trade results... but educate me on this, what actually went wrong here?.... as I would have been very happy trading this chart or scalping it anyway.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 16, 2023
Thank you so much Nik, I really appreciate that and the help that you have given me.. I think You, cpfleger and Abade have kept this thread alive thru the 500 pages and I’m glad you have and happy I found this forum as it helps novice traders like ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 16, 2023
Thank you Abade…. I’m not sure if I can do it yet… 2.2% for phase 1 but still a phase 2 after that. I’m trying to stay confident as I have failed twice in the pass. But each time was due to staying in positions for too long, scalping sometimes ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 15, 2023
Need another 2.2% to pass my prop firm challenge and advance to phase 2.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 13, 2023
Niks I’m not familiar with Renko, from a quick glance they seem like the heikin ashi candles that cpfleger uses.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 12, 2023
CP… question I would like to ask please, with the scalping you have demonstrated previously. Is this the indicator you use?… so you use the Jurik Smoothed channel line and enter a sell or a trade on the first flat ended candle that closes under or ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 12, 2023
Oh no… there I was thinking MT5 was the better format… because visually it looks better. I previously used MT4 for about 8 months before I transitioned into using MT5. Currently trying an FTMO challenge. Thanks so much CP I appreciate you helping ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 12, 2023
Hi CP…. Thanks for letting me know I appreciate it greatly my friend. I’ve also been trying to find the RSI indicator you use for the MT5 unfortunately only the MT4 version is available. I use to use MT4 as well but recently changed to using MT5, ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 12, 2023
Hi CP…. I have downloaded your superdem indicator for my MT5 but can I ask where I can get the MT5 download for that colour changing moving average you have shown here. Thanks in advance.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 12, 2023
Thanks Niks… been looking for this as I use the mt5 format.. had to shrink the lines down to 1 thickness but it’s awesome… need to practice using it though. Thanks bro
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 6, 2023
Hi SurMoose, I think you’re spot on with what you said. Most of the time KOF does only use the return to ema stategy and it clearly works. I too myself have been practising it for a year on demo.. hoping to actually pass a prop firm challenge on ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 6, 2023
Niks… do you have the mt5 version of the keltner channel you use how download?… as I’m currently using mt5 for trading. Thanks in advance.
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Dec 1, 2023
If I remember or come across the channel name again yes sure I will. In the other hand Niks may I ask you if that’s bollinger bands on your setup?.. if so where can I get that particular bollinger band indicator and what settings?.. as it doesn’t ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 30, 2023
ah yes!… thanks Niks I must have missed that post, I didn’t realize he just vanished, which is very strange since he even got a list of people that he was willing to share his strategy with. Nobody just goes missing suddenly like that, very unusual
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 30, 2023
oh absolutely…. Not doubting his trading. I’m just saying the indicators he used and the setup was no miracle indicator. It wasn’t that special as it’s out there in the open. Upon going back to the thread Nik… you were one of the ones chosen by him ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 29, 2023
Hi Niks, I can’t remember which YouTuber exactly it was because there’s lots of these forex gurus and if you look on YouTube most of the strategies are a similar process. They involve using rsi and other momentum indicators. The first time I saw the ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 28, 2023
i just wanted to clear it up for you guys… I mean it’s not a bad strategy and you do get winning trades for sure. But then again if you were to take entries on an RSi 70/30 levels you probably will still get winning trades but at the same time a lot ...
M1 Countertrend Scalping Strategy
- CM-PunkFX replied Nov 28, 2023
how can I get access to your indicators bro?
M1 Countertrend Scalping Strategy