An
intraday strategy refers to a plan or approach that is used within a single trading day. It involves making decisions and taking actions to trade financial instruments (like stocks, currencies, or commodities) with the aim of profiting from short-term price movements.
Full definition
The day trading markets are, in fact, the easiest ways of losing money if the
proper intraday strategies and techniques are not used.
You can practice scalping strategies,
intraday strategies, or any others.
This strategy is in fact
an intraday strategy, not interday.
The Cornflower Blue method is
an intraday strategy and on average will yield about 20 pips, sometimes more if the trend is strong.
With this in mind, and as we move into the session today, here is a look at what we are focusing on in the bitcoin price and where we intend to try and jump in and out of the markets according to the rules of
our intraday strategy.
How long it will last remains to be seen but — as far as
our intraday strategy goes — it's not overly important.