Bitcoin Price Watch; Tonight’s Scalp Trading
Here's a look at what we are focusing on in the bitcoin price this evening. In this morning’s analysis, we set up against the action seen over the weekend in the bitcoin price, and looked to get in on any volatility. We noted that the labor day momentum would probably be a little weak based on the volume limiting Labor day, and that this could limit our aggression when we get in and out of any speculative moves. As things turned out, we did get a couple of breaks, but didn’t manage to get towards our targets. Unfortunately, we fell foul of the momentum issues we highlighted in this....
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In this morning’s bitcoin price watch article, we focused on a pretty narrow range in an attempt to combine our intraday breakout strategy with some scalp targets to draw quick profit from the market on any volatility. Action has now matured throughout the session, and we are heading into what looks like its going to be a pretty interesting evening. The Asian session has, over the last few weeks, traditionally been the session that has given us the most gains. This isn’t set in stone, but chances are we will see a continuation of this trend throughout tonight’s trading. If we do, we want....
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. 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....
Here's a look at what we are focusing on in the bitcoin price this evening. It’s coming to the end of the European session now, and it is time to take a look at the bitcoin price for the second time today. In this morning’s analysis, we discussed the relatively flat action we have seen across the last few days, and said that we hoped this action would widen out a little bit today and give us something to go at. Unfortunately, this didn’t happen. We set our range pretty tight this morning, but even though there was only a few dollars’ worth of space between support and resistance, price....