Scalp
#GJ aka GBPJPY my little daughter !at daily TF , its still couldnt break the STRONG flip zone
so if we have a BEARISH daily candle , that break LOW of PRE daily candles could GOES DOWN
SHOULD WAIT FOR IT !
Bullish scalp idea ($48,800) trap bulls & liq 25x shorts (BTC)Hello traders,
I've been wanted to swing trade, but can't resist it any longer.
I'm scalping again because it's my niche.
Hourly candle closed as a reversal, looking to short $48,800 probably tomorrow.
Blue rectangle box looks like a good place to trap buyers & where whales probably have sell orders ($48,800 ish)
High risk end of week scalpPresented is the one hour chart with sentiment towards an end of week sell scalp.
If this current 1 hr bar closes below .64000 resistance I am looking for a scalp to retest .63600 and .63400.
MACD/Signal lines are slow moving over low volume histogram bin movement while a current double top retest at .64000 is in play. STOCHRSI is pushing out of overbought zone with top resistance.
This is a scalp trade so TP 1 at .63600 and TP 2 at .63400.
Please comment with thoughts and ideas and have a great weekend.
Powell's taper comments coming-up: Potential scalp opportunitiesI have set-out my logic in prior posts of how I am exiting the SP500 market from prior longs bought more than 18 months ago - by selling into rallies. If an infrastructure deal goes ahead and debt ceiling issues are dealt to successfully, I will reconsider my current stance.
However, I am happy to scalp particularly from needless / senseless market over-reactions for short term scalp trading opportunities.
We may see an opportunity coming up with Powell and the Jackson Hole meeting coming up.
My rationale set-out below:
- tapering is simply a reduction in the Fed's open market operations (OMO) whereby treasuries are purchased from dealers (secondary market) with the result being that cash from trader's is deposited into the Banking system. This cash is also known as reserves ( Refer blue Histogram )
- The effect of this QE style OMO is to strip credit interest out of the non-government sector that would have otherwise been paid to holders of treasuries as one form of money (treasurites) is replaced with another form (Bank cash / reserves).
- the banking system is 'pull system' , not a 'push system'. Banks need capital to make loans; not deposits as the Fed, like all Reserve Banks, they act as lender of last resort. Stuffing the banking system full of cash does not benefit Banks, rather it makes regulatory capital management harder for Banks and produces scarcity of interest bearing securities, with downward pressure on rates.
- to offset some of this effect, reverse repos have been employed by the Fed as a 'temporary' measure - but is its like a senseless merry-go-round.
Why am I saying all of this?
- where you have record high fiscal growth supporting a market (risks looming in the background - debt ceiling), and potentially needless market panic regarding the word 'taper', which is actually positive not negative for the market, then that's a great short term buy opportunity to scalp back to the mean.
What level will I buy at: I would like to buy around the cost basis of swing traders which is marked on the chart and which represents around 20% market capitalization. I will be checking out my Market Risk indicator which looks at a range of factors including futures spreads for a potential long scalp trade.
Instead, call writing maybe your go-to strategy here instead but there's not much Vol to sell (yet!)
#MMT
gj trade idea with maximum profit RR.after weekly and daily heavy bearish trand i am expect littel uptrand as a pull up. after complete up trand with fibs level retracement. it will be continues....as a bearish trand as well.
BTC Moving Up Nicely In Short Term? Scalp LongBTC doesn't have the volume I like but its seems to be moving up, here is a potential target for a small scalp if we keep moving up.
volume profile tell me REN will shortvolume profile is the best technical strategy for scalping and now tell us ren want to short
ETH/USD Scalp pip collector/ FibonacciAs you can see we can scalp the bullish candles that will be formed soon. Support was tested 2x at 2957.46
Stop loss: Fib. Level 38.2
Take profit: fib. Level 23.6
Risk> 12 pips
Reward>124 pips
TLKM indonesiatry to target at price 3430 or stay konsolidasi at price 3350-3370.
OR BEARISH
disclaimer on
USDJPY Quick ScalpBetting on the 109.6 level to hold. Price spiked lower so this a pullback move where I'm looking to get a short entry on.
Alert ! Possible breakout !!Possible breakout for $burgerusdt from above or below the triangle !
RSI is below 40 levels so the breakout from above is more possible..
tp1: 6$
BTCUDT scalp - Prepare to shortBtc is obviously in a down trend in daily timeframe.
The static and dynamic resistances on the chart make us to be prepared for a possible short position with a remarkable risk/reward ratio.
Be careful; only short on the rejection from the indicated resistances, and also consider the stochastic indicator.
Good luck,
Median Eagle.
Short term bullish targets / sell orders (BTC) $45.8k - $46.4kHello traders,
Sell orders I’m looking to possibly get filled:
1) $45,850
2) $46,400
Sometimes when things look like they'll go back to your entry it's okay to take profits (or 90%) and look for an even better entry on the initial position taken.
If we lose $45,830 I'll add to shorts, either way profits are profits.
Never get greedy.
0 emotions.
"Plan your trade and trade your plan"
We can have a short term movement up and then still have a bearish daily close.
Stay safe.
👍
Bullish scalp idea ($45,800) sell order placed there Hello traders,
$45,000 held on (for now)
I closed my short around $44,900 and am have sell orders around $45,800.
AUDIO near breakout or another retest?Audio is just under the previous rejection level. We could see a breakout soon, but also we should keep in mind that RSI is high already and that volume is falling, so there is a real chance that before breakout we could see some kind of pullback, could be as low as the previous support level... Traders who entered this based on my previous chart are no about 32% in profit. Keep an eye on this, could be easy trade...
Bearish Scalp trade idea ($38,222) overbought (BTC)Hello traders,
I've closed my long position from low $38,000's and have opened a short and will add size if we pump to my previous target of $40,700. If not I'm ready for a dump. Happy we finally got the relief pump, was waiting a few days for it and when the pump came it happened fast.
All momentum oscillators up to the daily are overbought, will wait for a retest of the breakout.
I've been working 24/7 at my day job so haven't been around charts or on ByBit today. See you all tomorrow, will post an update if anything crazy happens.
Stay safe!
Please do me favor and leave a like/comment to show support 👍
Tripple Threat shorts on oil going downLooking for break and retests - short into the purple zone. Then back to buys possibly
Best seen on the 1 hour. entries on the 5 and 15 min TF
open 2 positions at entries 2.5% 1:1 and 2.5% doen to purple zone buy target. Break even second trade when first one hits. Manny-Q style
