Community post
Steem Scalping Strategy Thoughts
Hey gang,
So I've been doing a little looking into Steem scalping. Given the figure below I'll run through some of this idea with you.
So, I have bollingers band with a dev of 1. Moving average and momentum. My buy strategy as when the momentum is oversold (-.0001 ----> -.00005) and the candlesticks are below the below the bollinger bands deviation, then I'll keep a serious eye on things. I won't go in as the candlesticks are falling, but a green candlestick could signal a time to make a buy order. I then set a sell order a little higher than the center curve of the bollinger bands.
Any input on this?
Replies (4)
Welcome to the platform, I wish everything work out for you. It’s not easy here but not difficult neither but just ask an extra effort, engagement is the key good luck I’m @goodaytraders Start by following people and they will do the same.
Thanks goodaytrader. Just getting started here as it seems you saw and thanks for the advice
hmm it worked again. got in .00084501 and my sell order struck at .0008800 for a 4% gain on that trade. will keep testing this.
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