how high we go tomorrow then?! Don't think i'll burn the midnight oil. See how we're looking in the morning. Good luck, flip!
The hell is going on in the ETH markets over there? You peeps are crazy. Just checked a delayed chart and it does not look too bad, but OOOPPPSSS! We have USA retail sales data tomorrow. Who knows, in this new age of crazy.
Market definitely is getting ahead of itself. Nobody knows how this pandemic will play out after lifting lockdown. It could be another wave of infection and another lockdown. Buying with full expectation of V recovery at this point is just foolish, especially, chasing this market. It could very well be another green week, but this will only magnify the correction to the downside.
Man, I see some of you scalping the crap out of this market. While, I'm all for scalping, I don't particularly care for it in high volatility environments. Why ? B/c you can trade higher time frames and catch one or two big runners and be done. In lower volatility, the higher time frames often provide lots of chop, so its best to scale down and scalp it. Good luck to all, hope everyone is killing it
That all sounds good on paper . In high volatility waiting for the big move you could get stopped out 3 or 4 times in a row before the move comes your way thus in high volatility i'd rather scalp as there's 10 nice moves a day. A day like today its better to hold trades longer and not hyper scalp . But everyone's got their way to trade.