Because of the highly increased volatility my way to scalp changed. Most experience this volatility for first time, so I would like to give out some tips and Ideas on how to manage this.
However, I dont know how long this series will be yet.
#BTC #cryptocurrencies #trading
However, I dont know how long this series will be yet.
#BTC #cryptocurrencies #trading
Part [1/?] "Big Wicks, Flash Dumps/Pumps and Orderbook Wipes"
As a scalper you are usually looking for predictable move that you wanna take out a bit of. !!Your are not!! trying to catch whole move from the bottom to the top. When market is free falling, you let it fall!
As a scalper you are usually looking for predictable move that you wanna take out a bit of. !!Your are not!! trying to catch whole move from the bottom to the top. When market is free falling, you let it fall!
Part [2/?]
High Volatility means, every single Level you see on 1/15/60 or daily means nothing. If a market is approaching a high timeframe Level without any volatility drop, you know no body respects it, dont fade it.
As a scalper you scalp a move and do not initiate it!
High Volatility means, every single Level you see on 1/15/60 or daily means nothing. If a market is approaching a high timeframe Level without any volatility drop, you know no body respects it, dont fade it.
As a scalper you scalp a move and do not initiate it!
Part [3/?]
Its fine to be first to buy in low volatility, you already got your confirmation, low volatility while approaching a Support, confirms this support at least short-term. As a scalper you trade short term!
Indicator based Ideas next, how to avoid getting suprised.
Its fine to be first to buy in low volatility, you already got your confirmation, low volatility while approaching a Support, confirms this support at least short-term. As a scalper you trade short term!
Indicator based Ideas next, how to avoid getting suprised.
