CAMARILLA PIVOTS INTRADAY RANGE SCALPING. DAY #1
Recently I have taken up a camarilla method as my primarily form of trading. Intraday range trading. Why is it different than normal pivots? With camarilla the levels are tighter and as you can see receive more play. It is and has been as precise as a knife. It is a trade systems that tells you exit / entries / stop loss on and it can be done in trend, counter-trend, and breakout. The significance of the research that claims the following day's price reverts to the mean generally... is a phenomenon that many cannot quite fully appreciate. This system takes advantage of this by calculating close open highs lows to a certain degree to provide normally a flawless outlook of the range for the next day. This system has been around since the 80's and is still used by floor traders and big banks today. BIG MONEY loves a range. And the range is what we trade. Of course, this may leave you in a position for a breakout with some advantage at times. If you should have ANY doubt that Camarilla is by far the BEST system for trading ranges on the daily, weekly, even monthly... I challenge you. to activate standard pivots indicator. turn on daily / weekly / monthly settings. and SEE for yourself. Really take it in. And see that Camarilla has called nearly ever top and bottom at the start of its given time frame. While it may not tell you when it resolves in the end. It will keep you on the right path to being profitable in that range. S3 to R3 is the game. but there are breakout setups.. we had one just day before. For Camarilla to be played successfully. Please remember you are looking to position around market opening times. Mostly UTC / asia and USA in the first few hours have been very reliable.
With camarilla, you WILL see these levels at the start of the day. you WILL see them receive reaction and play. Many might wonder why price halts at this odd number sometimes. It is not a fib, or a trendline, or a moving average is it? It is simple. Camarilla is a traded method that the bitcoin market just does no pay attention to.. but follow me friends and you might be baffled by just how precise and mechanical Daily trading can be. Become a trader with a trade system and a standard of practice. Instead of waiting for the moon or goblin town. Let us enjoy the money in the range as well ;)
There is a free educational TG group I have for updates also. called t.me/camarillacruisin or camarilla pivot trading.
Follow me and my coming daily posts. To behold one of the best kept secrets and most powerful indicators on the market. Assets stay range bound nearly 95% of the time. this is how we trade against the fake moves that happen almost always. And how we manage risk.
As for todays chart. S4 is supported. you do not wanna see that broken if you are bullish or took that long setup. However the daily is nearly finished. I would not want to be stuck in a trade for it until I see next days levels. Which I will post plays for then.
With camarilla, you WILL see these levels at the start of the day. you WILL see them receive reaction and play. Many might wonder why price halts at this odd number sometimes. It is not a fib, or a trendline, or a moving average is it? It is simple. Camarilla is a traded method that the bitcoin market just does no pay attention to.. but follow me friends and you might be baffled by just how precise and mechanical Daily trading can be. Become a trader with a trade system and a standard of practice. Instead of waiting for the moon or goblin town. Let us enjoy the money in the range as well ;)
There is a free educational TG group I have for updates also. called t.me/camarillacruisin or camarilla pivot trading.
Follow me and my coming daily posts. To behold one of the best kept secrets and most powerful indicators on the market. Assets stay range bound nearly 95% of the time. this is how we trade against the fake moves that happen almost always. And how we manage risk.
As for todays chart. S4 is supported. you do not wanna see that broken if you are bullish or took that long setup. However the daily is nearly finished. I would not want to be stuck in a trade for it until I see next days levels. Which I will post plays for then.