In my previous post, I used cost averaging technique to place my BUY orders for each key level. It was a good scalping opportunity and profited 3% from the trade, not bad for me.
The chart is showing an update of key levels, and these values were calculated based on the indicator that I am currently testing.
I am expecting aniother red rain, and the rain will drop as soon as the price is rejected by the 50% Median level. Actually, if you would notice, the price was already rejected twice by this level.
To place a SHORT order, I would wait for another rejection before placing the order.
But what I would do is implement a Martingale GRID strategy using the following levels:
BUY @ 51581.7 - 10% of capital
BUY @ 50820.9 - 15% of capital
BUY @ 50398.2 - 20% of capital
/please DYOR/trade at your own risk
The chart is showing an update of key levels, and these values were calculated based on the indicator that I am currently testing.
I am expecting aniother red rain, and the rain will drop as soon as the price is rejected by the 50% Median level. Actually, if you would notice, the price was already rejected twice by this level.
To place a SHORT order, I would wait for another rejection before placing the order.
But what I would do is implement a Martingale GRID strategy using the following levels:
BUY @ 51581.7 - 10% of capital
BUY @ 50820.9 - 15% of capital
BUY @ 50398.2 - 20% of capital
/please DYOR/trade at your own risk