Scalptrading
Bitcoin Intraday Leverage Strategy 2 - Bidirectional ScalpingThe channels are pretty easy to understand, you can enter with whatever indicator/strategy you want.
I'm using the Spectro oscillator, whenever it enters on the entry channels I start opening my position.
I usually divide my position into 3 parts:
33% once it enters the channel(long or short)
33% if it breaches the lower/or upper level(usually that's when the best entry price happens, but doesn't happen always)
33% when it confirms and exits the entry channels and start going for the target.
Stop-loss can always be the bottom of the entry channels, honestly, for scalping, I'm very conservative, if it doesn't follow the direction I want I immediately try to close it at limit-orders as soon as I can.
EURGBP Scalping Strategy, How to exploit BREXIT volatilityLet's keep this short and sweet.
Three charts, D for trend direction, 60 to spot trades and 15 for precision entry.
If you look at D we're close to strong resistance(the big red circles), we're not quite there yet, that would be closer to 0.86, so now is not the VERY best optimal entry timing. However, this strategy applies to future trades. It's up to you if you want to wait for the perfect storm.
When we say scalping and FX usually it means some badass leverage, and when that's the case I'll give you a golden tip, I don't want to explain it because it takes time, but use tight stop-losses. It's much better being stopped at any price then liquidated. It preserves a lot of capital at the end of the trading month.
Once you get in, your stop-loss is the very first Spectro Auto Fibo Level after your entry point.
The reason why I chose Scalping instead of a fundamental trade here is simple, fundamentals take time and research, for a scalper that doesn't matter. What it matters is that there is volatility, and that's something the whole BREXIT deal is giving us, doesn't matter the direction, as long there are moves that's what we're looking for.
This strategy works both ways, with the same logic.
Unfortunately, I took to long writing and preparing this and the price already breached two levels while I wrote this, that's the problem about sharing scalping strategies, it moves fast. Bear with me.
In this case, since it's a strong downtrend on D, close to strong resistance, that's why we are shorting and not longing. Big timeframe trend dictates the type of trade I'll do - I'll only short this asset, not long as long as we have a bearish bias on bigger time frames, trading with the trend shift the odds on your favor.
In this trade, there are many good bearish indicators, Omega Bearish Reversal on 15, XConf bearish arrow on 60 and the trend analyzer + Fibo Bands are very bearish on D. That's why shorting.
If you don't understand how this indicator works go to my related ideas.
Good luck with your trading.
XAUUSD idea - Short before the LongWe are expecting news for the dollar to weaken, and USDJPY is set to go long to 113.60/114. If you don't know, Gold coincides with this pair and will, therefore, be short to my 2 TP's @1277 and, 1260.
There seems to be a slightly deformed H&S with the right shoulder taking shape, I expect that this would form when the market opens.
The first entry I would look to take is around 1304 with my SL at 1314-17. Price action and confluence will be used to have a strong entry. I will be looking to take another short position at the break of 1298 and close half of my first position; SL will be an entry of the first trade.
I would look to take the TP to its previous close at 1280-1277. Depending on the movement of UJ, we could see lows of 1260 which is the daily support from October before seeing highs of 1350.
Tips:
I'll monitor price action and confluence for a good entry, looking to go strong with a large(ish) lot size, I'll look to take some profit off the table to maximise my margin.
I'll be scalping this trade at various points of support and resistance using large lot sizes and tight SL so losses are small.
Confluence and Price action is a must as fundamentals may steer trades in different directions.
EURUSD FibonacciI used Fibonacci on 1H TF.
I will short till 1.13340 or till 1.13190 as fibo tools falls on 1.272 levels. Then look for Reversal for Long looking at 1.272 retracement on 4H TF for impulsive wave.
This is my video on 1H TF Fibonacci tool to reach 1.272 area SHORTING EURUSD. youtu.be
This is my Fibo plot on 4H TF LONG on EURUSD after reaching 1.13340 price. www.facebook.com
again this is not a signal. this is my idea. Thank you
LTC Long Scalp/potential swing trade $41 -> $45-$48Sold my last LTC play in profit, albeit much earlier than I wanted to, now we're here at this fib/support level again and LTC is remaining strong at $40. Seemingly a double bottom on the hourly, and a triple bottom on the 15 minute.
Purple fibs drawn from the bottom to each peak.
Yellow lines are the 0.786 fib level for each peak, and it shows historically how they have been consistent predictors of bounce levels.
Green lines are simple Support levels.
I'm buying here, if this doesn't hold or bounce, the next solid level will be around $29 according to both fib and support levels. Pretty common sense play. Risk/reward is down $2 but up $4-6.
GJ, (GBP/JPY) Intra-day/Scalp Vwaps entries intra-day&Scalp made me +50pips down and +50pips up in less than 30 mins. Other traders would be waiting for 3-4 day swing I scalp in 30 minutes :moneybag:
Z- distance good for trend reversal confirmation. The vwap areas using it's areas as support and resistance in the chart and for entries and exits.
How to Use LongBuyLongSell Indicator EffectivelyHere is the Good Details in the Chart itself on how to use this LongBuyLongSell Indicator less noise signals very effectively .No indicator study is needed Just need to follow the color of the candles and Tradingview Alerts.
Buy Only in the Candle Color changes.
Hold the position until next color change comes.
Use the Stars for early exit of the long or short positions. As simple as this one.
Indicator is in the below links.
If you wish to appreciate the work ,Like the script ,Comment your view ,Share .Thank you
September WTI Crude Oil Futures: Breakout ScalpBreakout scalps are an affordable way to trade futures, as stops are small and profits can be fast. Below are both the bullish and bearish breakout scalping plans for the Monday session in September WTI crude oil futures:
Bullish Breakout: A buy entry from $69.25 is a solid entry to the long. With a profit target of 8-12 ticks and max 12 tick stop loss, this trade is likely to produce immediately positive price action.
Bearish Breakout: A sell entry from $67.86 gives us a good shot to grab a few ticks on a test of the $67.75 handle. Using a profit target of 8 ticks and max stop of 10, this short is a positive way to ride the bearish wave toward $67.75.
The idea here is to ride a spike in participation to fast, definitive profits. In the event that one of these trades goes live, the other is void.