Bitcoin Price Watch; Scalp Strategy in Play Tonight
Here's what we are looking to trade in tonight's bitcoin market - specifically our scalp strategy. Earlier on this morning, in our twice daily bitcoin price watch piece, we noted that after the rough and tumble week we’ve seen, we may see some sideways action throughout today’s session. We hoped it wouldn’t be the case (breakout trading is far more exciting than sitting flat in the markets) but we’re net black on the week so far and we wouldn’t want to jeopardize that with some recklessness, so we’d accept the sideways action if it came about. As things have turned out, that’s exactly what....
Related News
In this morning's bitcoin price watch piece, we highlighted the levels that we would be looking at as today's European session matured. We suggested that - as a response t the recent tight action we have seen so far this week - we would tighten our range and bring a scalp breakout strategy in to play. Action has now matured throughout the session, and as we head into a new Asian session this evening, what are the levels we are looking to get in and out at tonight, and where will we define tonight's range? Further, how did today's action play out in light of our intraday scalp strategy?....
Here are the levels we are focusing on for tonight's bitcoin price scalp strategy. Our analysis this morning highlighted the range we would be focusing on throughout the European morning session, and since publication, we’ve not really seen too much movement. The bitcoin price remains well within the predefined parameters, and we decided not to bring our intrarange strategy into play, so as yet we remain out of the market and net flat for the day. As a result, and to make things a little more interesting this evening, we are going to focus on our scalp framework. Specifically, we’re going....
Here's a look at what we are focusing on in the bitcoin price this evening. So that is Thursday done, and the week has nearly drawn to a close. Once again, we have had a pretty interesting day in the bitcoin price, and we have had the opportunity to get in and out of the markets according to our intraday strategy on a number of occasions. Tonight, we’re going to narrow things in a little bit, and go at a breakout scalp strategy in an attempt to take advantage of some tight movement. So, with this in mind, and as we head into the Asian session early morning tomorrow morning (and of course....
Here's a look at what we are focusing on in the bitcoin price this evening. In this morning’s analysis, we looked at how the bitcoin price moved overnight last night, and set up a pretty tight range ahead of the open. We looked to trade a breakout scalp strategy and get in for some nice quick profits on volatility. Action has now matured across the session, and it looks as though our approach paid off. Price broke to the upside a little earlier on, and ran up to our predetermined target relatively quickly. It has now corrected a bit, and this has given us a fresh range to go at for this....
Here's what we are looking to trade in tonight's bitcoin price strategy plan. The day is about to draw to a close out of Europe in the bitcoin price, and the US afternoon is about to get underway. Beyond that, the Asian market will kick off sometime later on this evening, while Europe sleeps. With so much happening in the bitcoin space right now, there is plenty of volatility to go at from an intraday trading strategy perspective. This morning, we noted that we would be trading breakouts on the recently seen correction from yesterday’s highs, and that we would use the levels defined by....