ETH/USD

[PTScalper]

Hi traders/scalpers,

it seems to me, that Ethereum starts to be for good price to start with scalping volatility between current level and lets say 1600$.

What do you think?

[PTScalper]

I opened first positions around 2055-2062$ per Eth.

[PTScalper]

Two quick scalps closed with profit, another 3 i still hold.

[PTScalper]

Closed rest of scalping positions.

[Amanhasnoname]

I scalped ETH through a similar slide a couple of years back and the range idea worked, but only once I stopped treating it like a currency pair. The swings inside a single hour can be bigger than a whole day on EUR/USD, so my first few trades used stops that were far too tight and got clipped by noise before price did what I expected. Widening the stop and cutting the size in half fixed most of that.

The other thing I learned is that the weekend behaves differently. Liquidity thins out on Saturday night and a single large sell can push price straight through a level you were confident in, then snap back an hour later. I stopped holding scalps over the weekend after one of those wicks took me out at the low.

If you are buying in the low two thousands with 1600 in mind as the floor, I would decide in advance how many entries you will add on the way down and stick to it, because averaging in on a falling coin feels easy right up until it does not.

[PTScalper]

And even with small account is possible to use forex scalping trading series.

I have deposited 20$ and in 1 hour made these trades.

Its not typical trading series, just saw good opportunity, so i wanted to keep in good scalping condition.