Bitcoin Price Watch; Scalp Profit Taken!

Here’s what we are looking at as we head into a fresh day's trading in the bitcoin price market. Sometimes, short, sharp movements can offer up nice quick turnaround trades for our bitcoin price intraday strategy to take advantage of. After a week of two of strong fundamental shifts, and some technical highlights, we decided to batten down the hatches yesterday evening and tighten things up for a narrow scalp strategy. Things we had a live trade running as we took our positions, and this was a short scalp position with a narrow downside target, entered a little earlier in the day on a....

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's a look at what we are focusing on in the bitcoin price this morning. It’s Tuesday morning, and time to take the first of our twice daily looks at the bitcoin price. Yesterday we got chopped out on a false breakout, but overnight we managed to draw a small profit from the markets on a scalp trade on the short side. Today we are going to attempt to replicate our overnight success with a similar strategy. Specifically, outline a relatively tight range and look to get in on a short term scalp trade if price closes outside of the range, with a position in line with the direction of the....

Here's a look at what we are focusing on in the bitcoin price this evening. In this morning’s bitcoin price watch analysis, our primary intent was to get across the importance of keeping things tight during the European session. Price has struggled to make any sort of sustained moves over the last few days, and while we have seen the odd spike, there has been no real trend momentum. The only way we are able to draw a profit from these sorts of market conditions is through a tight scalp strategy – that is, jumping in and out of the markets on the spikes and taking advantage of the action as....

Here's a look at what we are focusing on in the bitcoin price this morning. It’s Wednesday morning, and time to take a look at what’s going on with the bitcoin price ahead of the European open. We noted last night that things have been pretty unpredictable in the markets over the last couple of weeks, and that this has had two primary effects. The first, that we’ve had the opportunity to get in and out of the markets for a nice profit. The second, that in order to ensure we keep this profit net at the end of the week, we’ve had to be really tight with our risk profiles. This has – in turn....