Author

Topic: First Profitable Scalp BTC/USD (Read 848 times)

hero member
Activity: 826
Merit: 1000
December 25, 2013, 06:57:53 AM
#6
Some decent movement in BTC/USD so far this morning.  I guess the saying "money never sleeps" is true.

Short term chart - Nice $30 up move




Long term -



No trades just interesting price action



Merry Christmas
Poker
hero member
Activity: 826
Merit: 1000
December 25, 2013, 04:08:52 AM
#5
what graph is this?

It's a modified price chart, specifically range bars set to $1 per bar instead of the usual time based japanese candlesticks.
newbie
Activity: 48
Merit: 0
December 24, 2013, 07:05:12 PM
#4
what graph is this?
hero member
Activity: 826
Merit: 1000
December 24, 2013, 11:34:46 AM
#3
MT4 with BTC-e?

Yes, mostly because they are the only ones offering a decent trading platform for those of us with smaller accounts.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
December 24, 2013, 11:28:54 AM
#2
MT4 with BTC-e?
hero member
Activity: 826
Merit: 1000
December 24, 2013, 11:27:58 AM
#1
Since this is the trading section I thought it would be fun to post my first profitable scalp on BTC/USD.

Entered @ 633

Set stop @ 644

Locking in 2.5% profit  Grin

Gotta love good ol' MT4



Green line is entry red is stop loss.  


Probably could have let price retrace back down to 640ish then ride the next wave up.

With this being the day before Christmas and the end of the year it generally isn't the best of times to be in the market. That being the case some forex brokers have actually shut down trading all together on fiat currencies pairs for the next 48 hours.



All the best to you and yours,

Poker
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