Here is an example of a very simple trade accessible to everyone.
We're looking at BTC because the DAX is closed over the weekend, but the volatility here is interesting.
The chart speaks for itself. How do you enter? Once you observe what is noted in the rectangle on the M1 timeframe, you open a few short positions against the plotted H1 resistance. As long as the price moves up, you keep selling. This also allows you to push your overall average entry price as high as possible.
The TP is tight, but since you’ll have entered 5 or 6 positions, it turns into a very solid trade. In this specific case, it’s simplicity itself: the trade is based purely on a clear price 'excess' and the resistance level. For reference, a similar setup on the DAX usually nets me about 80 cumulative points, and it only takes 10 minutes.
Edit : 45 minutes later, M1. (Be carefull with cryptos...very dangerous... )
We're looking at BTC because the DAX is closed over the weekend, but the volatility here is interesting.
The chart speaks for itself. How do you enter? Once you observe what is noted in the rectangle on the M1 timeframe, you open a few short positions against the plotted H1 resistance. As long as the price moves up, you keep selling. This also allows you to push your overall average entry price as high as possible.
The TP is tight, but since you’ll have entered 5 or 6 positions, it turns into a very solid trade. In this specific case, it’s simplicity itself: the trade is based purely on a clear price 'excess' and the resistance level. For reference, a similar setup on the DAX usually nets me about 80 cumulative points, and it only takes 10 minutes.
Edit : 45 minutes later, M1. (Be carefull with cryptos...very dangerous... )
Dax only.
