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Title: Parallel demand and supply buildup - explenation? Post by: roos on February 04, 2012, 10:27:51 PM Is there an obvious explenation for the continuous parallel buildup of both demand and supply over the last couple of days.
Bitcoinca hedging? Simple demand/supply? Leveraged position defences? Preparation for a manipulation move? Nothing, sooner or later they will agree on a price at the current level? Other suggestions? Title: Re: Parallel demand and supply buildup - explenation? Post by: Seal on February 04, 2012, 11:31:22 PM Its the weekend!! Correct me if i'm wrong, but I believe trading volume goes up on the weekends
Title: Re: Parallel demand and supply buildup - explenation? Post by: roos on February 04, 2012, 11:46:09 PM It might, i dont know. However, volumes is not going up nor, only the demand and supply around the current level.
Title: Re: Parallel demand and supply buildup - explenation? Post by: notme on February 05, 2012, 12:04:20 AM It might, i dont know. However, volumes is not going up nor, only the demand and supply around the current level. Wait, watch, see, know. Title: Re: Parallel demand and supply buildup - explenation? Post by: roos on February 05, 2012, 12:14:11 AM It might, i dont know. However, volumes is not going up nor, only the demand and supply around the current level. Wait, watch, see, know. I waited, i watched someone poke the demandwall seeing it stay there nevertheless. What to learn from that? Title: Re: Parallel demand and supply buildup - explenation? Post by: notme on February 05, 2012, 12:18:03 AM It might, i dont know. However, volumes is not going up nor, only the demand and supply around the current level. Wait, watch, see, know. I waited, i watched someone poke the demandwall seeing it stay there nevertheless. What to learn from that? Expand your timeframe... You'll go nuts watching bitcoin minute-to-minute.... trust me. Buildup leads to a flurry of activity that brings the order book back to normal levels. Rinse, repeat. Title: Re: Parallel demand and supply buildup - explenation? Post by: stochastic on February 05, 2012, 03:44:29 AM Its the weekend!! Correct me if i'm wrong, but I believe trading volume goes up on the weekends I will be looking at which day of the week and what time during the day that trading is the heaviest. I will post once I am finished. Title: Re: Parallel demand and supply buildup - explenation? Post by: RyNinDaCleM on February 05, 2012, 04:12:07 AM Its the weekend!! Correct me if i'm wrong, but I believe trading volume goes up on the weekends I will be looking at which day of the week and what time during the day that trading is the heaviest. I will post once I am finished. I think your findings will be inconclusive. Day of the week, beginning/end of the month, Holidays, Tax season (in USA), etc. There are too many variables to say "Wednesday is the day to sell, and Saturday is the day to buy". Just my hypothesis. |