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www.bedaytrader.com - english version
Offer stepping down - one of my daytrading strategy.
Take a look at the offer at .05 which is moving down.
Offer was filled, and move few cents higher. But after that sellers are back again.
Opening a short position at .04
On chart we see a nice bearish trend (5 min candelstick)
Offert is stepping down
Offer is still moving down
Notice that on BID side there is not many buyers till .82.
Closing position when offer stepping down is being filled. Take a look at .78-82 offer.
About 20 cents move profit.