AlphaScalp - taking advantage of pullbacks on SLPETHThis is a demonstration of using scalping for high accuracy profit gains.
The script AlphaScalp is able to detect high volatile movements and calculating a probability of a pullback. When the condition is met a buy order is executed and you can afterwards setup how/when you want to take profit.
The public AlphaScalp script enables you to test all assets with all settings but real time alerts are disabled. See the script here:
Scalp
AUDCAD Potential Short New York SessionWelcome back! Here's an analysis of this pair!
COMMENT BELOW and let us know your thoughts or questions!
**
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
Brian & Kenya Horton, BK Forex Academy
Bitcoin long swing trade Inverse head and shoulders forming on the 15 minute... this trade has a 1:2 risk/reward ratio, and is more of a long "scalp" short "swing" sort of time frame. I expect TP1 (first circle) to hit in around 1-3 hours, and TP2 (full trade range) in 3-8 hours.
I take profit on 1/3 of trade at TP1, set SL at BE, and then usually close the 2nd 1/3 of position at TP2. I will let 1/3 run higher if we break out.
Using Fib extension in price discoveryWhen you are in ATH territory also known as price discovery area it can be tough to know when to enter/exit a trade.
For this reason, I LOVE the Fib Extension tool to help identify potential areas of interest to take profit, exit, or scalp. It can also help you set targets before it gets to ATH territory.
Most popular levels 100%, 161.8%, 200%, 261.8%.
It’s good to wait to see how price action acts at these levels. Also, price could snag on levels before these, but good to know that these are the most popular areas of interest. This isn’t a full proof system but it is very common for traders to use these levels as exits and to take profits.
This could also be a good target to short or enter on a bounce off of support.
STARLUSDT Scalphey traders
as u can see im going Short STARL
what u think about this trade ? what about levels ?
share ur chart & leave a comment
GC Long from 1H 89EMA (4.2pts, RR 1:4)Quick GC scalp
Price action on the 4H chart has suggested the 21EMA should hold, supplemented by the positive placement of Stoch + RSI.
Entry has been chosen in accordance with a lower timeframe. This time - 1H, 89EMA, suspecting a good bounce at least to the closest resistance.
42 ticks
4.2 pts
RR 1:4
COMEX:GCZ2021