Bitcoin Price Watch; Here’s Today’s Strategy
Here are the key levels we are looking at for today's intraday bitcoin price breakout and intrarange strategies. It’s been a pretty exciting week in the bitcoin space – and it’s not yet over. We’ve had a number of fundamental factors that have built into price, we’ve seen monthly highs and a subsequent decline to weekly lows, and a handful of consolidatory action. What’s on the cards for today’s European session remains to be seen, but as ever, we’ll set up our intraday breakout framework against any potential volatility and aim to draw a profit on the movement. Overnight action saw a....
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Here's a look at what we are focusing on in the bitcoin price this morning. So here we go, off for the last day of this week’s worth of trading in the bitcoin price. Throughout this week we managed to get some pretty decent action, and this allowed us to pull out a decent batch of market profits. For the final day of the week, we’re hoping for much of the same. Things have been relatively volatile overnight, and this bodes well going forward for today’s session. Even if it doesn’t suggest volume, it gives us some nice well defined levels to go at, and these levels can be easily....
It's a fresh week's trading in bitcoin, so here’s what we are looking at in today’s session. Yet again, we’ve had a pretty eventful weekend in the bitcoin price. We surmised that we might see some volatility on the Asian open, but actually ended up seeing the most volatile action early Sunday morning. Having gained throughout Saturday to overnight (and intraweek) highs just shy of 450 flat, price took a sharp hit to carve out weekend lows of 425.88 – a level that will feature in today’s trading strategy. Since these lows, we’ve been trending pretty steadily to the side, with what looks to....
Here's a look at what we are focusing on in the bitcoin price this morning. It’s Monday morning, and we are about to kick off a fresh session out of Europe. Action over the weekend in the bitcoin price – as is becoming the norm – gave us plenty to discuss, and we’ll be using some of the key levels to carry forward into today’s strategy. Things were a little slow last week and on more than one occasion we had to bring our scalp strategy into play, with a narrowing of our standard range, and a short, sharp breakout approach for a few dollars here and there. So, with this said, and as we head....
Here's a look at what we are focusing on in the bitcoin price this morning. So that is it for another week in the bitcoin price. Things haven’t played out exactly how we might have liked them too, but we did still get the opportunity to get in and out of the markets according to our intraday strategy on a number of occasions. We are going to close out the week with a net profit, assuming today’s session isn’t too much of a disaster from a risk management perspective. It shouldn’t be, so long as we maintain a positive profile on any positions entered. So, with this in mind, and as we head....
Here's a look at what we are focusing on in the bitcoin price this morning. It’s Tuesday morning out of Europe, and time to take our first look of the day at the bitcoin price. We noted yesterday that tight, scalp breakout trades had been working pretty well for us over the last few days, and that a continuation of this strategy might be our best bet going forward. As such, for last night’s session, we defined a pretty tight range and went at action with some solid risk definitions. Action has now matured overnight, and we’ve got to alter our approach slightly in ahead of today’s open.....