Scalptrading
#CARDANO DAY / SWING OR SCALP TRADING IDEA #ADA $ADA #ADAUSDTPair ADAUSDT
Direction Long
Entry $1.223
SL $1.138
TP1 $1.281
TP2 $1.340
TP3 $1.440
TP4 ATH?
What do you think or see? Please let me know in a comment, would love to see this shared or just push that like button if you agree.
I would appreciate any feedback or a follow.
"Advise"
- Try to open your entry if the price will show it according to your OWN strategy.
- Don't forget your SL
- It's also important to keep an eye on #BTC at the moment
*Remember: This is just an Idea, no financial advise!
If you're not in cryptos for long term you're probably going to lose almost all of the money invested. Respect the market or the market will rekt you
🚀🪙 -Be fearful when others are greedy, be greedy when others are fearful.
✅ Thanks for reading
#BTC #ADAUSDT #ADA CARDANO #Bitcoin
BITCOIN OR ANY MARGIN TRADED COIN - HOW TO SCALP TRADE Dear Traders and Hopeaholics alike,
HOW TO SCALP LIKE A PRO - NO BOTS, NO SCRIPTS, JUST UNDERSTANDING HOW THE INDICATORS CAN BE USED.
As the self-proclaimed President and Founder of HOPEAHOLICS ANONYMOUS (or HA for short) , you are NOT going to laugh at this strategy... BECAUSE USING THIS... YOU... YES YOU... will be laughing all the way to the crypto bank!!! HA HA HA... I hear you... this works!
And the strategy is FREE, no paid course, and simple to use!
WHAT YOU NEED
9 AND 21 EMA (EXPONENTIAL MOVING AVERAGE)
100 AND 200 MA (MOVNG AVERAGE)
A MARGIN/LEVERAGE TRADED ACCOUNT.
PAID TRADINGVIEW PREMIUM VERSION ALLOWS YOU TO SET AN ALERT ON THE CROSSING OF 9/21 EMAs - I HIGHLY RECOMMEND AS IT WILL PAY ITSELF OFF IN NO TIME!!!!!
These trades are best on 15min chart as it gives stronger confirmation on the direction.
They are also best when 100/200MAs are situated above or below the wave formation.
When MAs are tight to wave formation there is a high risk of entering a scalp as the direction is uncertain.
Always wait for confirmation of the 15min EMA indicator cross.
YOU MUST USE A STOP LOSS!!!!!
Scalp trades at any time are high risk as the market direction is not confirmed in correction zones. It is a way to make DOLLARS in an uncertain market, as you can see on the chart, trades are flipped LONG and SHORT as the EMAs cross. As explained and you can see in the example it is a higher risk when MAs are crowding the waves.
Be careful of over-margining/over-leveraging your trade, as the margin for any error can be affected with any wave move.
FOR BEGINNERS - I recommend commencing paper trading your entries and exits to gain confidence without risking your capital to commence with, we want you to be successful and making $$$
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When trading, always know you are in control 100% as you are pushing the buttons, and it is YOUR money/cryptocurrency you are trading.
BUT let me tell you this... at HOPEAHOLICS ANONYMOUS and in my world... ANYTHING IS POSSIBLE!!!
SHOOT FOR THE MOON - EVEN IF YOU MISS YOU'LL LAND AMONG THE STARS, BUT AT THIS STAGE I AGREE WITH ELON AND THINK WE ARE ALL HEADED TO MARS!!!
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If you are unsure of direction or feel you are over trading I have a moto. IF IN DOUBT SIT IT OUT! There is no shame in not being in a trade. Stick to your game plan, wait for a set up to be confirmed, and ONLY take a trade if it all aligns.
So please I welcome your comments and CONSTRUCTIVE FEEDBACK - ALL HATERS WILL BE FLAGGED AND REPORTED!
And remember, there is NO RIGHT OR WRONG in trading - just money management!
REMEMBER IF YOU ARE PRACTICING SAFE... TRADING ALWAYS USE PROTECTION
(minimize your risk, use a stop loss. Especially in Margin Trades) ALWAYS!!!!!!!!!!!!!!!!!!!
<3 Lisa
DISCLAIMER:
The Legal stuff - I'm not a financial adviser. Just a few quick thoughts - remember you sit at your computer, you push the buttons...
PS make sure you give me a like, that way you get updates as I post them.... :) <3
THE ONLY WAY TO MAKE MONEY - IS TO MAKE YOUR OWN!!!
Is FILUSD Giving us a (⚠) break? Cryptopocalypse Soon Over?COINBASE:FILUSD
Idk about you guys, but i'm pretty much over this dip. Last time i not set a stop loss/cover trade when a dip is coming, because yours truly overslept and woke up SICKKKK -_- However, i have been swing/scalping for the better part of this week to make some come ups on this fall, but that has nothing to do with this post lol... Anyway, It appears that Filecoin is in a triangle, and it just may be 1 more day of these lows. ( Id say more like 2 more dips below 25RSI on the 30Minute Chart, and after that second rise if conditions are right, it'll breakthrough (At least multiple of my screeners and what Im seeing in the charts. Hopefully this dip is over, and life can return to the previous gains we all know and love.
Goodlucc and happy trading my fellow kings and queens. happy hunting 🤙 #TriangleBreak #Betterdayscomming #Cryptopocolypse
Ps... dOnT sUe Me, TrAdInG is UnPrEdiCtAbLe, tRaDe @ yOuR oWn R!$k, aNd BlAh bLaH bLAh...
PS^2: if you laughed at or read the line above in a "funny" voice you gotta follow me,like the post. or at least comment if ya did:)
Or any other ideas you had, or what your expierences were during this dip, we'll share our Ls or Ws.
AVAX for ABC corrective Buy zone This is a textbook potential ABC corrective leg
In a strong up trend. I am thinking the C leg could be Quite impulsive and capitulation into exhaustive high vol spoke to lower target or over-shoot and quickly recover to this area for better confirmation of computer driven but orders. Once the selling has Weakened this should signal a short covering rally of at least the magnitude of Wave B above for a double drive target scalp.
Cardano Fast TradeAda is strong right now. a medium short term fast trade is possible but always keep an eye on BTC and invest wisely % to rebuy in case of dip.
Manage yourself to win !
Buy zone 1 : 0.3501
Buy zone 2 : 0.3226
Strong Rebuy : 0.3
TP1 : 0.498
TP2 : 0.645
Stop Loss : 0.295
Happy Tr4Ding !
USD/JPY 1/27/2021 13:30 (DEMO)USD/JPY 1/27/2021 13:30 DAYTRADE/SCALP
Fundamental/Sentimental
News Events: Low impact news that would justify shorts for today, tomorrow's events could definitely follow with massive volatile moves to the upside.
Market Sentiment: Mixed pretty much, slightly bullish
Technical
Time Frame Analysis:
Monthly: On quite a consistant downtrend in between two structural levels
Sellers being stretched thin, a little exhaustion on sellers
Buyers seem like they could jump in and claim the market
Weekly: Price is retesting a resisting trendline
Consolidation relative to the downtrend means buyers are trying to control the market
Based on the fundementals and my knowledge of what's going on in the US, I'm calling big longs for this pair so far
Daily appears that price is right below at 23 and is being held back by the trend line
Buyers defenitely are showing they have the upperhand buy havent bothered to use it
4H: Harmonic butterlfly pattern
Price is testing a 76, but has not acknowledged the 61. May return to test
Pattern also supports this idea
1H: Right at the trend line, consolidation
Price may need to consolidate before we break it which we will tommorrow
Reason for Trade: The main reason I’m taking this trade, mainly only relying on a strong 76 and a trendline, even though the 61 is not yet found to be critical structural level, it makes sense that price would see a drop, especially due to the events that are bound to happen.
Indicators: RSI is looking oversold for right now, but possible momentum on larger timeframes
Entry
Order: Sell Limit at 104.107
Position: 0.1, 5000USD
RR: 3.08
An Explanation on BTC/USD for Scalp TradersI understand many of you must be fascinated by all the log charts and crazy $200k/$300k targets on bitcoin. But let's also not forget about the other side of trading. You don't need the price to go from $40k to $400k to make a 10x in profits. You can also see the price going from $40k to $45k and achieve that, as long as you manage to buy all the little downward motions and sell on the little upwards motions.
Scalp trading can still be super successful, and also allows you to get returns on sideways or downwards parts of the price action. In this idea I will show how to use the channel to get a nice scalp trade in.
BTC never goes up in a smooth uptrend, there are always little movements we can detect. In this case we can see in the channel that near the top resistance line BTC often takes a small hit and retraces. Whenever BTC reaches the bottom support it continues its uptrend again.
Now that we've just seen a confirmation on the bottom support line, it's time to buy and hold towards the top resistance.
We're looking at a 10%+ trade opportunity here just following the channel over a span of about 10 hours.
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- Trading Guru
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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!