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Trying scalping with a 1000 bucks - Scalping is expensive! 39 replies
strategy builder/tester for new scalping strategy 1 reply
1M & 5M Scalping System (Scalping Paradise) 21 replies
Reversals vs. CounterTrend Trade 28 replies
CounterTrend Trading 58 replies
DislikedI dont think i could trade anything else. It be like cheating. {image}Ignored
DislikedAbade, add my supdem Indicator and this will help you find the reversal points to enable you to reduce the risk. cpflegerIgnored
DislikedGuys @RieseP @cliffjaded How would you manage this one in case you are trapped: {image} On the M1: {image} These tough nuts would show up eventually.Ignored
DislikedAverage to infinity and smoke a strong cigarette to curb my anxiety. What I would do is hedge either by going pro-trend or by putting one giant opposite order equal to the size of all the average orders. This locks the loss temporarily until you unwind the hedge which logically should be when the trend reverses (as dictated by the MA crossovers). Since the loss is locked and the margin is back to zero, you can continue stacking averaging orders for the losing side. This works out great if price moves in the direction of the big hedge you placed,...Ignored
Disliked{quote} If got so far. I would stop entering new positions and ride it out. That’s just 1 day, I bet by end of week or following week. Price retraced to that price level?Ignored
DislikedAbade, I have been waiting for a while to see if anyone would discuss the King of Forex strategy and I have been using this system for over a year with very good results. I have added a few Indicators for my old eyes and methodology and am proud to say It Works daily. I amaze my friends with scalping the Market everyday especially us retired folks. So, keep going forward and enjoy. cpfleger {image}Ignored