Crypto Day Trading Strategy Quick Look
BTC/LSK CHART (Exchange: Poloniex) Indicators used: Volume (true, 20) - Interval: 60. Published on Coinigy.com @2017-09…www.coinigy.com
Bit of a brain dump below:
Been working hard on my crypto day trading strategy. I am liking where I am at with it, but not to a point of doing a full post on the strategy yet. The basics of what I am looking for is I look on poloniex for cryptos which have adequate volatility and volume. LSK, DGB, STR, XRP are the most common BTC pairs I have been trading.
Lower priced pairs tend to make better percentage moves. I use the tradingview/coinigy measuring tool to measure recent hourly bars. Are there several 5%+ bars? If so that is the type of volatility I want to see. I also prefer to see the daily chart be in an uptrend as I cannot short. I am looking for 5% for my first target typically and 10%+ for the second target. Sometimes there is just not any 5%’s available so I will go for 2,3,4%. Just depends on the day. LSK has been super lately.
Originally published at Speculate Freedom.