ETH still in the channel and will test 372 in a couple of hours
In my opinion ETH will test 372 in a couple of hours
Hence,
I will:
Scalp ( ETH, long)
Enter 367.3-367.55
Exit1: 369.8
Exit2: 371.0
Exit3: 372.4
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is the exits I use generally, Exit3 is just for risk lovers.
-If not otherwise specified, I would recommend a stoploss at the price of around 2x change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
Hence,
I will:
Scalp ( ETH, long)
Enter 367.3-367.55
Exit1: 369.8
Exit2: 371.0
Exit3: 372.4
General rules in my trades (scalping/ intraday trading):
-Exit1 and Exit2 is the exits I use generally, Exit3 is just for risk lovers.
-If not otherwise specified, I would recommend a stoploss at the price of around 2x change at the unwanted direction. Although, I must say that the stoplosses are very individual and you need to decide it for yourself depending on how much you cope with "pain and pleasure" in trading.
- I would not recommend a high leverage trading.
- SCALPING IS A HIGHLY VOLATILE/DYNAMIC GAME, because of that please follow my updates, that I try to publish when necessary.
Comment:
Stoploss: 360
Trade closed: target reached:
1st and 2nd targets have been reached. 3rd target is only for risk lovers.
Trade closed: target reached:
All targets have been reached.
Comment:
It took 4h to reach 372:)