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Scalptrading

US30 1H TF Analysis 4-3-22US30 has been trending bullish all month last month and the candle closed with a retracement. There is a possibility that price may range since this is the first week of the month, but there are some scalp opportunities. Considering current market conditions, a low has been formed on the 1 hour timeframe and price failed to break above resistance and formed a lower high which tells me that price can continue bearish to retest the low and possibly create a lower low. Waiting for volume to enter the market to take the sell. If price fails to break below and create a lower low, then we can anticipate for price to range until a catalyst occurs to bring in enough volume to either break below or above. Patience is key. Wait for your setup and trade during a time with volume (NYSE open)
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by dreadhead4_life
3
Gold Price action Breakdown-Scalp TradeThe trend is currently bearish for Gold, but price has met with support and has begun to retrace. I believe that if price fails to break and close above resistance, we can see more bearish momentum leading into the NY open and probably the rest of the week. If gold does decide to break and close above, we can possible see more bullish momentum to continue the trend on the HTF. This trade idea is for scalp opportunities during the London session.
OANDA:XAUUSD
by dreadhead4_life
3
$LUNAUSDT the new king of scalping and day tradingIn the previous weeks and months, when thinking of scalping and day trading opportunities we could only think of $BTCUSDT and $LINKUSDT as stable means for good trades. In the past couple of weeks we have seen a major change in the paradigm of cryptocurrencies. The power LUNA is receiving from all external and internal factors of development is giving traders the much needed fresh air and change in status quo. Too much traders have been thinking of crypto as a means of HODL. But many would argue, traders are supposed to trade and perhaps that's where cryptocurrencies require a slight rebalance of scales in comparison with algo trading and whales manipulation. LUNA has proven time and time again to move against Bitcoin and even where Bitcoin slides, LUNA bounces back, and from this perspective, safe and stable scalping and day trading is back on the menu.
by UnknownUnicorn35305092