The basic principle: You identify a range where the price has been yo-yoing -- let’s say it tends to bounce up when it hits $15 and then gets “rejected” (moves lower) when it hits $20.
An oldie but goodie, and a key part of Nomad Fulcurm’s toolkit. “We have night scalpers and day scalpers operating on different timeframes,” says Łaskarzewski. “Hours, minutes, and quarter-hours.” The basic principle: You identify a range where the price has been yo-yoing -- let’s say it tends to bounce up when it hits $15 and then gets “rejected” (moves lower) when it hits $20. There are a ton of sophisticated metrics (often focusing on volume) that help refine the criteria, but the idea is that you buy at $15 and then sell at $20, rinse and repeat.