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Title: What indicators / methods do you use to forecast drops? Post by: wobber on January 28, 2012, 06:10:56 PM I don't really care much about rallies. I am very interested on what methods to use to forecast a new drop. Like, where is the top, where the bottom might be etc..?
For me, rallies seem erratic, with no algorithm. But falls, falls I think follow a pattern. Can you help? Title: Re: What indicators / methods do you use to forecast drops? Post by: arepo on January 28, 2012, 06:15:09 PM I don't really care much about rallies. I am very interested on what methods to use to forecast a new drop. Like, where is the top, where the bottom might be etc..? For me, rallies seem erratic, with no algorithm. But falls, falls I think follow a pattern. Can you help? you're wrong. technical analysis yields a strong handle on both. Title: Re: What indicators / methods do you use to forecast drops? Post by: YoYa on January 28, 2012, 06:27:39 PM Go to MtGox Live, turn your monitor 90 degrees to the right, see the pattern!
Title: Re: What indicators / methods do you use to forecast drops? Post by: YoYa on January 28, 2012, 07:14:06 PM It would be a good idea to divorce yourself from that polarity... Try this: Instead of looking at charts in terms of $/BTC try looking at them as BTC/$ to see if you can get another perspective. You know....I don't think I've ever seen anyone offer an inverse chart! :o :o :o Shows how hooked we all are on that filthy filthy fiat! :P ;D :P Title: Re: What indicators / methods do you use to forecast drops? Post by: miscreanity on January 28, 2012, 08:32:10 PM You know....I don't think I've ever seen anyone offer an inverse chart! :o :o :o Shows how hooked we all are on that filthy filthy fiat! :P ;D :P Boom. USD collapse vs. BTC visual, instead of BTC rise vs. USD. http://noblenomads.com/wp-content/uploads/2012/01/btc_usd_mtgox_linear.png (http://noblenomads.com/?attachment_id=1135) http://noblenomads.com/wp-content/uploads/2012/01/btc_usd_mtgox_logarithmic.png (http://noblenomads.com/?attachment_id=1136) |
