Bitcoin Price Watch; Monday Morning Trading

Here's what we are going for in the bitcoin price this Monday morning. It’s Monday morning, and time to take a look at the bitcoin price for the first time this week. Action was nice and volatile last week, and price gave us plenty of opportunities to get in and out of the markets according to the rules of our standard intraday strategy – in long on a break of resistance and in short on a close below support, with a take profit set somewhere in the region of a two to one risk reward profile. Our intrarange strategy has been put to one side as of late, primarily because the ranges with....

Earlier this morning we published our twice daily bitcoin price watch piece. In the article, we highlighted the levels that we would be watching in the bitcoin price throughout Monday's European session, and suggested where we would look to get in and out of the markets according to our intra-range and breakout strategies. Action has now matured throughout the session, and - as we head into the Asian session on Monday evening - what are we looking for from the bitcoin price now? Take a quick look at the chart. As the chart shows, action today has been relatively tight, and - aside from....

Here's what we are looking at for the weekend sessions in the bitcoin price So that’s it – the end of the week. We’ve had some considerable up and down swings in the bitcoin price since Monday, and as we mentioned in the first of our twice daily bitcoin price watch pieces this morning, we’ve been able to get in and out for a profit on a couple of occasions. This morning we highlighted a relatively tight range and set up against price breakouts on this range. This evening, and with the day’s action taken into consideration, we are going to do pretty much exactly the same. Price action today....

Here's a look at what we are focusing on in the bitcoin price this morning. It’s Monday morning, and we are about to kick off a fresh session out of Europe. Action over the weekend in the bitcoin price – as is becoming the norm – gave us plenty to discuss, and we’ll be using some of the key levels to carry forward into today’s strategy. Things were a little slow last week and on more than one occasion we had to bring our scalp strategy into play, with a narrowing of our standard range, and a short, sharp breakout approach for a few dollars here and there. So, with this said, and as we head....

On Friday, we published our twice-daily bitcoin price watch piece. In the piece, we suggested that - as a result of the pretty weak action we had seen during the week - there may not be much we can do over the weekend as far as entering on volatility was concerned. As it happened, we did get a bit of action, and we managed to get in and out of the markets according to our intraday breakout strategy and draw a small profit from changes in the bitcoin price. Having said this, action throughout Sunday evening and Monday morning has been pretty flat. So, with this noted, what are we looking at....