IT COMES DOWN TO TWO … WHICH IS OPTIMAL?

 

“Nothing to worry about when scalping PROPERLY!!”

Day in day out, which is the optimal market to scalp? … looking at everything

that makes up the logistics of a trade, and throwing out bias and concentrating

solely on making money, which market is best? … Is it Bitcoin or EURUSD?

… and while some may be surprised by my 2 choices, they both have their pros

& cons … both should be traded at IQCENT, simply cuz they have the LOWEST

COST TO TRADE FOR EITHER ONE YOU’RE GOING TO FIND ANYWHERE … the

real difference is leverage … Bitcoin 10:1, EURUSD 500:1 … BOTH HAVE RAZOR

THIN SPREADS, so utilizing larger leverage with EURUSD puts it on a par with

Bitcoin for dollar gains/losses from a trade … and using the scalping algorithm

for signals, you’re definitely going to get more signals in EURUSD than

BTCUSDT … both can easily be traded from either side, and IMHO EURUSD IS

THE WINNER!

Today sees the ECB raise rates, most likely for the last time, but who knows?

… the E.U. is as FUBAR as the Banana Republic, and unlike USDJPY, it isn’t solely

a yield differential that moves the pair … but up/down throughout the day, and it

IMHO offers the best trading action for scalpers, regardless of trend … today a

good example, as there are as many decent scalp signals from the long side as

the short side, and the pair is getting monkey hammered lower … my preference

is to trade either from one side or the other, and it makes little difference which

you choose … all you have to do is look at the SuperTrend signal and where

momentum is at via the “RSX of Momentum” indicator, and make the appropriate

trade … look at the history and see for yourself!

Just for today, as an example, from about 9 AM EST - 11:30 AM EST, a 2 ⅕ hour

trading session yielded 9 UP and 9 DOWN signal trend changes on the m1 for

EURUSD … if you didn’t already know it got creamed earlier on an ECB rate hike

followed by U.S. numbers, you wouldn’t know it was in an m15 downtrend

… quite frankly, as far as money is concerned, not a whole lot of difference

between the trends in a down market … the chart directly below.

click on chart to enlarge

No trades for the PAMM today, tomorrow sees me going full retard basket of

kittens on meth scalping EURUSD at Coinexx … not as good as IQCENT, but as

close as we can get, so we should be OK … Over at IQCENT today, a shipload of

EURUSD trades from the long side, on light volume, and we’re

UP APPROXIMATELY 0.3% … onto tomorrow.

… OUTTA HERE … “The future’s so bright I need 2 pairs of sunglasses 😎😎,

and my own Brinks armored truck” 💓!! … Onward & Upward!!

-vegas