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Topic: [2016-08-09] newsbtc.com-Bitcoin Price Watch; Scalp Trades For Today (Read 233 times)

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Bitcoin Price Watch; Scalp Trades For Today

It’s Tuesday morning, and time to take the first of our twice daily looks at the bitcoin price. Yesterday we got chopped out on a false breakout, but overnight we managed to draw a small profit from the markets on a scalp trade on the short side. Today we are going to attempt to replicate our overnight success with a similar strategy. Specifically, outline a relatively tight range and look to get in on a short term scalp trade if price closes outside of the range, with a position in line with the direction of the break. Often we’ll witter on a bit here about previous action, but today, let’s get right down to it.

READ MORE >>> http://www.newsbtc.com/2016/08/09/bitcoin-price-watch-scalp-trades-today/
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