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Easy Crypto Scalping Strategy: Earn 0/Day Trading Bitcoin & Cryptocurrency as a Beginner

Easy Crypto Scalping Strategy: Earn $150/Day Trading Bitcoin & Cryptocurrency as a Beginner

Today's video I'm gonna show you a simple day trading strategy to make 150 dollars trading Bitcoin and cryptocurrencies and the best part about this strategy I use this personally to have a 100 win rate and generate profits daily so with no further Ado let's getInto the video first of all if you enjoy this type of videos please leave a like And subscribe and let's get into the video so before we start I just want to show you here this account here that I started on fairness and I've been trading here for almost now 47 days andThe last three weeks win rate was 85 and the last week 100 and profits here on the side so basically this is where people can come and copy my trades and I don't use so much size and now you can see I mainly make profits daily this isJust for one day day trading uses the strategy that I'm going to show you here in this video making small trades many of them per day and that's what I am using to make profits daily by the way you can copy as well my Tracer you canFollow my Trace I will leave you the link in the description now let's get into to the video now this is the Bitcoin chart roll nothing in it I want to emphasize this this strategy is best suited for Bitcoin especially if you're a beginner and even me after few yearsOf day trading I still only trade Bitcoin mainly because it's so easy to predict and I'm gonna show you now why anyone only stick to bitcoin no matter how good you feel you are always stick to bitcoin there is enough volatility in Bitcoin to make money daily and beProfitable now in this strategy basically what we need is to find key levels where the price moves up or down or get rejected and in the strategy I'm not using no indicators nothing like that as usually indicators are faulty and they give false signals most of theTime and I'm all about that 100 win rate and not losing a penny in this market now the first thing we want to do is start on the weekly charts we're gonna go a few weeks back here just to give you an example what the price has beenDoing within those weekly candles and how many trades were taken here and how much money was made in within those candles now if you just starting out what you want to do is always start with the weekly candle a candle where the price was just going sideways we'reGonna go here on trading view go to the second row here and want to look for this horizontal rain now you want to activate the magnet here and what we want to do now this week here we can see now we have this large pump here andThen we had the price going sideways this is perfect for day trading now whenever you have price going sideways this is the perfect moment to start day trading now this is the first week where we had a ranging price now I like to putIt in Orange so I just know when I am zoomed in inside these candles that I know this is a weekly candle so what I did here exactly is I go to the low of the candle as you can see here now low of the candle I put the line here andThen the high of the candle and I put this line here now I like to put the low and the high on dashed lines like that so I know this is a low of this candle and this candle is gonna help us through the whole weeks and days coming after itAnd you're gonna see all of this now now we're gonna keep it Dash and the most important to us is as well the weekly open so what is the weekly open so each candle as you can see here now each candle opens somehow into the body ofThe candle the body of the candle is the open and it's this one and we want to keep the line straight a normal line and we can see now if I zoom in we have it right in the open so this candle the previous candle closed and this oneOpened and usually they open right at it and the one on top here is the clothes because now we have the new one opening the red one here opened right after it so now for us we just care about this one for now that we can see now weAlready have some sort of a range forming here let me remove the volume for now because we're gonna need the volume after as we can see here now we already have some sort of a structure going on into our charts we have some resistance some supports some mid-rangeNow the next step is now to go to the Daily so as soon as we are on the daily here what we want to look for then the most important day is Monday Monday if you are a beginner it's best not to trade and just wait for the Monday'sRange to form usually the Monday is the first candle that starts the week right so what we have here is we're gonna do the same thing for Monday so this is the Monday can we're gonna put again this horizontal Ray so we're gonna put it inLight blue here so we know it's the Monday's low and we're gonna put as well dashed line so I know throughout this whole days we know that whenever we're like this line it reminds me that this is the Monday Monday is low and we're getting and you're gonna see why nowWe're gonna take out also this Monday's high here now you can see this is Monday's high and put it as well on the light blue color and we're gonna go with Monday close so Monday close here is important now we can see the Monday openIs the same as the weekly open but we want as well the Monday close it's very important now we're gonna keep it that color we're gonna put a normal line for the clothes as well now those are all important supports and resistance now this is not your usual support andResistance this is how Pro Traders work and this is where big corporations and big players usually Place their orders there are a lot of stop losses so usually these are levels of a lot of liquidity and next I'm gonna show you now how to know that this liquidity gotGrabbed and we can enter a trade now the next step now if we go now to the 15 minute charts you got those lines set up now you are ready to start trading now if we go here the start of these lines as you can see here now it's very clearIt's giving us a wrench now we can see the start is the Monday and this one here and this one here would not count as these were the weekly High and the weekly low so we're gonna assume that we did not know this Ranch before so everything that happens after here thatMeans that we already know the weekly low and the weekly high and that's gonna be a different sort but from here we are only trading Mondays high in Monday's low I hope this all makes sense if you have more questions I have a discourse for free you will find the link in theDescription you can ask me more questions there or as well leave them in the comment section now let's keep going here so we can see now this High here and this low here do not count as these were Monday high and Monday look and after that everything from here happensWe're gonna be trading on a Tuesday now if you are starting out never trade on a Monday just wait for Monday to form and you have the whole week to trade until Sunday the market is open now what we have here we have Tuesday starting theFirst first thing we notice is that we have the price bouncing off to Monday's close and then we had a rally up now here this would be usually a first trade to take and this went right at the Monday's high now we could take profits at the Monday's high and when your dayTrading it's pretty hard to know at what level the price will go but we know here on the charts we already have the Mondays high and we're going to take profits here now this is the first trade of the week and we had that as soon asThe price hit this level here and started dropping here we can see now we lost this money high and this usually would mean for me that I'm gonna take a shot again in the market and look at that now we took a shot here again from Monday's high to Monday is low that'sAnother winning trade here for us this strategy is perfect the volume here will be very important now we can see we went to the Monday's low let's assume you did not take this short and now we are still on the sideline and you come in and youSee that the price came right at the Monday's low here now how do we know we can take along here this is very important now this is where the volume comes in now if we can see now here the volume spiked up here right at this lowRight at this we can see now this low got taken here the Monday is low and we can see a spike of volume usually this means that a lot of liquidity got taken and usually the price reverses back this is very important and this as well called swing failure pattern so how doWe recognize this is like candles like this you can see now here so whenever we have this Wix candle with a big wig large weight and a small body and a huge spike in volume this usually means the price will reverse now look at this beauty again now as soon as we reverseFrom here now usually I would take this long here and very important never trade without a stop loss now the thing that makes this strategy very beginner friendly is we always have our stops we know we have to take the stops and it's very important to never set an order youNever set an order at Monday's low assuming that it's gonna hold we never do that this is not what we do here we're aiming to not lose a penny in this market and we are waiting and patient and we're waiting for this perfect reactions as we can see Monday's lowHuge spike in volume and the price reverse and then we take along here now we take along and look at that again right back at Monday's high we take profits at Monday's high now we're taking profits we do set orders because sometimes you are not in front of theScreen you're doing something else and we are not greedy this is a two percent move it means if you had the position of 10K which means that you can take a leverage of 10x of your 1 000 or whatever of a 10K that means at 200Right there again here we can see the same thing is happening a candle like this we did not see a spike of volume but nonetheless the price retraced back and we can see now the price retracing back towards where towards Monday is close again that's another trade we canSee here pretty easy risk stop loss right above this previous week and then we get another 1.4 percent which would be another 140 dollars for us trading here and we can see now we get a little spike in volume again here a little Spike with an SFP with a swingingFailure pattern as we can see now here this means we have a wick the price got bought up a lot of liquidity price ranged a little bit here above Monday is closed and around the weekly open and then we saw this price spike now here we had another trade and we're going toTake again profits right at the Monday's high because we could not predict that the price will go high but here things change because now we have the weekly high now we have this weekly high and we're gonna here come in and put a weekly candle high and probably wouldNot take this trade as well why because now we still don't know if this is really the weekly high or not so we're still being patient we're not trying to predict anything we're just trading what the charts tells us but so now what happened is we got this huge crash rightAt Monday low and then we get a new weekly low here and look at the spike of the volume here this huge spike in volume with this huge weight now right back right back where right back at Monday's low now here usually I would take a long again here from because nowIt has a huge Spike of volume price gets back right into the range above Monday is low and we could take another trade of around 2.5 percent which would be around 250 dollars again here now we took this trade and we could wait now because now we can see the price is justRanging this was a Friday and Saturday so usually during a weekend the price just ranges now not or less we could still trade this now what we know about the weekends is like large corporations that trade this or buy large amounts of Bitcoin or whatever they are out theyAre not trading so usually not much happens but it's still a perfect trading Paradise because we still have the ranges going on here for us now the ranges are going on here for us we could still day trade this easy simple if you're chilling on the weekend now weHave First Trade here right from the from the Mondays close to the Mondays High we got another trade from Monday's high to Monday's close and here we have another week this is important now we had a wig and this was right on a Sunday now once we had this week we had thisLarge volume coming in here you can see now this large volume this week this usually means the price will reverse because we have a large week a lot of buying happened here on a Sunday probably Asian session probably the Asia session is preparing to start the weekBecause usually the week starts on Asia and then goes to London session and then we have New York session now you don't need to care about all that just trade the chart now if I was on the front of the shots on a Sunday and I will seeThis I will take a long and place my stops right here and then again we have another long here right at Monday's high again another trade another hundred fifty dollars now we can see now the price rallied rallied hard and when it went now it went to the weeklies highNow this previous weekly High we had here now this previous weekly High we had here got retested again and look at the beauty because now we have a larger range which is the weekly range now with that we can trade as well we had a runUp here the first test and then the second retest and the price couldn't pass through so this would be a very good short position here and we can see not so much risk around 50 on your 150 dollars so stop loss right above this high and we can take this trade right atMonday's close and this was a 3.2 percent trade and if you are trading with a 10K position on Leverage which means you can borrow money on Leverage and you can have a 10K position you would risk 50 to make 320 dollars you will have taken this trade on a TuesdayOn Wednesday you would have closed this position and now you are having 320 now what we have here again is the price bouncing right off the Monday's close we can see now we have again volume spiking which is very good indicator that now we had a lot of buying happening here youCan see the spiking volume right here and we can see the price slowly curving back up maybe if you're conservative you're gonna wait for it to reclaim this weekly open price range and then we had again this one here coming back here so this is showing strength overall as thePrice is moving like that so we're gonna take another long here another long right where now from the Monday's close right to again weekly high so again to the weekly High another 3.4 percent or 3.5 percent trade here and what happens again here is you can see there arePlenty of Trades even if you miss one that is the next one and that's why that's the beauty of Bitcoin when it's ranging it's perfect for trading and this by the way you do not use this with any odd coins because odd coins are very volatile and they are hard to predictBut Bitcoin is pretty simple it's the old man here pretty simple to predict moving too slow so we can make money on now we can see again we have the reject should look at the spike in the volume here again you can see huge spikes now here we're going right here priceCouldn't go above and we can see now we get a rejection we can see this little Wicks the candles failing to go above and the spiking the volume we can see the volume too high and now we went back again to reclaim to test the weekly highAnd this would be usually the entry price and this would be a good entry for a short and we can see now we get another shot right where right to Monday is close or we can even take it right to Monday's low and we keep going and IHope this all makes sense guys remember if you have any questions you can ask me on the comment section or you can go into my Discord it's for free and remember you can always follow my trays here copy trading can follow my trades and make passive income while I am dayTrading daily automatically follow my trades I will leave you the link in the description to Fair disk you don't need any VPN no kyc to register to this exchange now we are here in this range and what happened here we can see where as well I have the same levels weeklyHigh weekly low and I've been trading this so yesterday I took this loan here I took her long and I took a short and if we go here we can see now here I started Bitcoin here yesterday the 7th of August and then I took along againYesterday the 7th of August an hour between each of these trades and basically if we go now to the 15 minutes we can see these trades that I've taken yesterday Live playing out as yesterday was a Monday so I was waiting blue line here is the Monday open and as soon as ISaw price failing I shorted this low and when I saw this huge spike in volume you can see now this huge spike in volume I took a long and right where right towards this weekly open as you saw in the examples before and this is theTrade that you see here you can see here the p l is not high because I have people following me with small amount of money so I don't want to say big positions because they cannot follow me on those positions so I take small positions so that everyone that followsMe with even a hundred dollars can follow my trade check out Fairless I'll leave you the link in the description if you want to follow my trades thank you so much for watching this video I'll see you on the next one cheers

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