Bitcoin Price Watch; Ultra Tight Scalps

Bitcoin Price Watch; Ultra Tight Scalps

Here's a look at what we are focusing on in the bitcoin price this morning. We are closing in on the end of the week, and it’s been pretty eventful period as far as trading the bitcoin price is concerned. With ups and downs, and also some pretty decent breakouts, there’s been plenty of opportunity to get in and out the markets according to (primarily) our scalp strategy. Intrarange has been a bit weak, but mainly because the bounces and corrections haven’t been particularly consistent. Anyway, that’s all in the past. We’re going to take a look at how we can set up against the markets....


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Bitcoin Price Watch; Today’s Scalp Strategy

Here's a look at what we are focusing on in the bitcoin price this morning. It’s Tuesday morning out of Europe, and time to take our first look of the day at the bitcoin price. We noted yesterday that tight, scalp breakout trades had been working pretty well for us over the last few days, and that a continuation of this strategy might be our best bet going forward. As such, for last night’s session, we defined a pretty tight range and went at action with some solid risk definitions. Action has now matured overnight, and we’ve got to alter our approach slightly in ahead of today’s open.....

Bitcoin Price Watch; Riding The Scalps

Here's a look at what we are focusing on in the bitcoin price this evening. This morning, we noted that in response to the pretty flat action seen in the bitcoin price over the last few days (which in turn is a response to the low volume based around US Independence Day), we’d tighten things up and go after a five-minute analysis, rather than our standard fifteen minutes. This didn’t really change our approach, the levels were pretty similar to those in focus for the week so far, but it did allow us to go at price with a slightly narrower focus. Why is this a good thing? Because it means....

Bitcoin Price Watch; Scalp Profit Taken!

Here's a look at what we are focusing on in the bitcoin price this evening. The European market is drawing to a close, and it is time to take a look at our second analysis of the bitcoin price for the day. Things have been pretty volatile, and we have managed to get in to and out of a downside trade based on action seen during the session. In this morning’s analysis, we outlined a relatively tight range, and set up with some ultra tight scalp targets both above and below this range. For a while after published the analysis, price traded relatively flat, ranging between support and....

Bitcoin Price Watch; Price Spikes!

Here's what we are looking to trade on any volatility in the bitcoin price on an intraday basis this evening. In this morning’s bitcoin price watch piece, we looked at the action we had seen overnight in the bitcoin price, and suggested that we might be looking at a sustained move for today’s session. The range we outlined was pretty tight, though concurrently wide enough for us to bring both our intrarange and breakout strategies to the table. Action throughout this morning was pretty tight, until we spiked just now, and this has redefined tonight’s parameters. Take a look at the chart....

Bitcoin Price Watch; Playing The Scalps

Here's a look at what we are focusing on in the bitcoin price this evening. So the day has come to an end out of Europe, and it’s time to take the second of our twice daily looks at the bitcoin price. Things have been pretty good to us as late – we’ve had plenty of opportunities to get in and out of the markets according to our intraday strategy (well, the breakout scalp side of it, at least, not so much the intrarange approach) meaning we are looking almost certain to close out the week net positive on the bitcoin price markets. This is not guaranteed, of course. We might see some rough....