|
Title: The MatTheCat reverse indicator thread Post by: r0ach on January 08, 2016, 12:41:51 PM Fuck Bitcoin! Yep...I am butthurt. I have sat in a fucking crappy short trade all week Incoming http://www.lagunabeachbikini.com/images/2011/news/SpaceShuttleAtlantis-Launch-01.jpg Title: Re: Matthecat reverse indicator confirmed Post by: Searing on January 08, 2016, 01:08:47 PM Fuck Bitcoin! Yep...I am butthurt. I have sat in a fucking crappy short trade all week Incoming http://www.lagunabeachbikini.com/images/2011/news/SpaceShuttleAtlantis-Launch-01.jpg well as long as you have used the word "confirmed' I guess it is legit :) (off to sell house/processions/and rent my self out to blue haired ladies at the local retirement home for $$$ to get more bitcoin) :) (damn that blue hair dye is damn hard to get off the ...er..well you know) :) Title: Re: Matthecat reverse indicator confirmed Post by: r0ach on January 08, 2016, 01:10:00 PM The MatTheCat reverse indicator is a tried and true system dating back to the Mayans and Aztecs.
Title: Re: Matthecat reverse indicator confirmed Post by: Searing on January 08, 2016, 01:12:45 PM The MatTheCat reverse indicator is a tried and true system dating back to the Mayans and Aztecs. I myself use gremlin and tempo automobile turn signals on a random flickering wire and a battery ...but hell what ever works :) (It also makes my tin foil hat look all spooky and shiny as I use such to delve into the future of bitcoin prices) :) it is odd that it never goes down in my interpretation but the gods of ASIC have spoken thru the holy turn signals ...so who am I to say otherwise :) Title: Re: Matthecat reverse indicator confirmed Post by: lottery248 on January 08, 2016, 01:41:51 PM lmao i don't actually believe that this would be true within this 3 months, there are not a lot of major news predicting that the bitcoin price is gonna majorly rise. the earlier people who bought bitcoin would be rich already but the newcomers would be hard to trade with bitcoin without such a large capital compared from now. ???
Title: Re: Matthecat reverse indicator confirmed Post by: Searing on January 08, 2016, 02:02:26 PM lmao i don't actually believe that this would be true within this 3 months, there are not a lot of major news predicting that the bitcoin price is gonna majorly rise. the earlier people who bought bitcoin would be rich already but the newcomers would be hard to trade with bitcoin without such a large capital compared from now. ??? well this another using LTC as example I posted info on BTC historically following for kicks just for perspective :) here is the link https://bitcointalk.org/index.php?topic=1281920.msg13485424#msg13485424 (https://bitcointalk.org/index.php?topic=1281920.msg13485424#msg13485424) Historically BTC price from 2009 till present in a haphazard way ...using July as the month of choice :) (no idea why July is funny) :) quote: from this historical chart (link) http://www.coindesk.com/price/ (http://www.coindesk.com/price/) Yearly Historical Price *July* of BTC July 19th 2010 $ 0.07 July 18th 2011 $ 13.71 July 16th 2012 $ 8.72 July 15th 2013 $ 88.40 July 14th 2014 $ 621.56 July 13th 2015 $ 280.60 Jan 8th 2014 $ 456.00 (now) Anyway this thread COULD be right...hell it was 7c in 2010 from the above :) Title: Re: Matthecat reverse indicator confirmed Post by: lottery248 on January 08, 2016, 02:18:18 PM lmao i don't actually believe that this would be true within this 3 months, there are not a lot of major news predicting that the bitcoin price is gonna majorly rise. the earlier people who bought bitcoin would be rich already but the newcomers would be hard to trade with bitcoin without such a large capital compared from now. ??? well this another using LTC as example I posted info on BTC historically following for kicks just for perspective :) here is the link https://bitcointalk.org/index.php?topic=1281920.msg13485424#msg13485424 (https://bitcointalk.org/index.php?topic=1281920.msg13485424#msg13485424) Historically BTC price from 2009 till present in a haphazard way ...using July as the month of choice :) (no idea why July is funny) :) quote: from this historical chart (link) http://www.coindesk.com/price/ (http://www.coindesk.com/price/) Yearly Historical Price *July* of BTC July 19th 2010 $ 0.07 July 18th 2011 $ 13.71 July 16th 2012 $ 8.72 July 15th 2013 $ 88.40 July 14th 2014 $ 621.56 July 13th 2015 $ 280.60 Jan 8(12, ???)th Anyway this thread COULD be right...hell it was 7c in 2010 from the above :) Title: Re: Matthecat reverse indicator confirmed Post by: Junko on January 08, 2016, 03:55:19 PM Almost as strong as the kwuckduck antipode indicator as well as the lesser known talks_cheap about-face indicator as well.
Title: Re: Matthecat reverse indicator confirmed Post by: r0ach on January 08, 2016, 04:31:47 PM Almost as strong as the kwuckduck antipode indicator as well as the lesser known talks_cheap about-face indicator as well. "talks_cheap" probably is Kwuckduck Title: Re: Matthecat reverse indicator confirmed Post by: spud21 on January 08, 2016, 05:39:41 PM Fuck Bitcoin! Yep...I am butthurt. I have sat in a fucking crappy short trade all week How do you know MatTheCat was telling the truth? He might have lied so we would all buy like crazy and pump the price up just before it crashed. We could have been buying coins he sneakily put for sale at today's top prices. If his reverse indicator can move the market he might have started taking advantage of his power. Title: Re: Matthecat reverse indicator confirmed Post by: ssmc2 on January 08, 2016, 06:37:12 PM This thread is legit
Title: Re: Matthecat reverse indicator confirmed Post by: r0ach on January 10, 2016, 04:28:11 AM We need a new reverse indicator update, where is he?
Title: Re: Matthecat reverse indicator confirmed Post by: MatTheCat on January 10, 2016, 04:41:12 AM We need a new reverse indicator update, where is he? I am here, watching Bitcoin come right back down to where I was stopped out on the break out and on a fraction of the volume...so erm...where are the bulls? My Buy is on the 38.2% retracement. If it triggers, I shall ride Bitcoin back up to test the highs. I actually suspect that there is a good chance that 'they' will go hunting liquidity pools, above the recent high, and perhaps even above the high before that, but highly doubtful 'they' will take it up to $500.......am ancipating the final spike will come from short covering up above $475 (Finex prices). So, that would be a nice little trade if I can get it. What is more likely though, is that I don't get my buy-in triggered, that Bitcoin goes up to test the local high, and fails, and then it will be a case of look out down below. We have a situation where matching up the USD volume with the new highs is screaming 'bear', but doing this same with CNY (FAKE) Volume is yelling 'bull'. Yep, the CNy volume is massively inflated/aritificial, but BTC is controlled by whales operating behind these exchanges, and I think therefore that the CNY charts are a good indicator of where 'they' intend to push Bitcoin to. Title: Re: Matthecat reverse indicator confirmed Post by: r0ach on January 10, 2016, 05:10:44 AM highly doubtful 'they' will take it up to $500 Reverse indicator from the gods confirmed. https://i.imgur.com/qgD7KwH.jpg Title: Re: Matthecat reverse indicator confirmed Post by: MatTheCat on January 10, 2016, 05:44:19 AM highly doubtful 'they' will take it up to $500 Reverse indicator from the gods confirmed. For posterity: https://www.tradingview.com/x/8qUW7W8V/ The above, is pretty much what I am anticapting over the coming trading sessions for Bitcoin.....I guess my sentiment is near-term bullish, but not bullish enough to believe that break out on HTF is just round the corner. I am saying that I think Bitcoin is about to trick a lot of bulls, and wipe out a lot of bears in the process, before going back down to test the bottom of the range, which will likely hold higher up the chart than the last range bottom. But when things invariably somewhat deviate from my projections, please do bear in mind that doing this kind of thing, is much harder than parroting out repetitive bulltard sentiment and posting totally unoriginal bulltard memes, and then hopping up and down full of vindication when the market happens to go up $20 (and staying silent when it goes down). Title: Re: Matthecat reverse indicator confirmed Post by: r0ach on January 10, 2016, 12:50:58 PM You just said it's not going to $500 then just posted a chart that shows it either getting up near there again or passing it. We need a less ambiguous reverse indicator.
Title: Re: Matthecat reverse indicator confirmed Post by: MatTheCat on January 10, 2016, 12:54:25 PM You just said it's not going to $500 then just posted a chart that shows it either getting up near there again or passing it. We need a less ambiguous reverse indicator. It's not going to $500. But, I have now entered my long position at the 38.2% retrace, as shown on my chart. I am anticipating that the recent high be taken out, and the highs before that, but the $500 high will not be breached. Bulls will be tricked, and bears will be robbed. That is my position at the moment. Title: Re: Matthecat reverse indicator confirmed Post by: inca on January 10, 2016, 01:37:41 PM I've said this to you before Mat, but perhaps if you just held some btc for a couple of years in cold storage and got on with your life you might do better than churning back and forth based on nothing more than whimsy :)
Bitcoin is an assymetric bet which if it pays off will reward you handsomely. This forum is littered with accounts of young traders who knew best but in the end lost money with an asset that rose 1000's of % over a few short years. Trading is a zero sum game and you are not in the club. Zoom out. Title: Re: Matthecat reverse indicator confirmed Post by: Searing on January 10, 2016, 02:18:53 PM I've said this to you before Mat, but perhaps if you just held some btc for a couple of years in cold storage and got on with your life you might do better than churning back and forth based on nothing more than whimsy :) Bitcoin is an assymetric bet which if it pays off will reward you handsomely. This forum is littered with accounts of young traders who knew best but in the end lost money with an asset that rose 1000's of % over a few short years. Trading is a zero sum game and you are not in the club. Zoom out. my plan....mining...is my past...hoarding is my game :) ....knc jupiter 550gh and orig knc titan scrypt (ltc to btc) (a mistake never would roi) BUT got on panic of last march 2014 a 2nd used Titan (due to everyone thought a bunch of big ass scrypt miners were gonna show.never did) so did ROI and still mining titans.... but anyway would have been better off just buying coin and holding ...er maybe not ...2014 sucked...hmmm...have to ponder this anyway NOW have 100 btc if converted all remaining ltc to btc (not yet ratio sucks) ..and probably will still mine next winter under winter elec rate decline...even IF the difficulty doubles and this is IF this lousy 0.0008 ratio of LTC to BTC continues and IF as some folk say BTC hits 650 usd this year due to halving etc ....string that together and it is still 400 usd after electric a month! (dare to dream) would be 5.20 LTC at 650 btc :) so yeah ...just holding.....its the only game in town besides my next plan "attic mining' sell all useless crap in attic for BTC (prob have 5k of stuff...sooooo boring to do thou) anyway if BTC goes poof I have clean attic ...rec room.....house value goes up 15k so ..hey....but home mining for me will die someday me thinks also depends if ANY new big ass scrypt data halls or miners come out...but not looking too likely...at these prices ...but if the price did hit 5.20 for LTC they'd come out of the woodwork pretty quick! anyway moon or beanie baby ...these are the choices imho :) Title: Re: Matthecat reverse indicator confirmed Post by: r0ach on January 10, 2016, 02:48:32 PM Hmm, Mat is long, those are basically the epitome of "weak hand" coins. Now all we need is to print a bumper sticker that says, "If MatTheCat is long, what could go wrong?"
Title: Re: Matthecat reverse indicator confirmed Post by: MatTheCat on January 10, 2016, 06:05:21 PM Hmm, Mat is long, those are basically the epitome of "weak hand" coins. Now all we need is to print a bumper sticker that says, "If MatTheCat is long, what could go wrong?" What will most likely go wrong, is that I will leave the trade on a scratch. My 'Ultimate FU Move' theory (beat up the bears and the bulls) will be wrong, Bitcoin will not take out the Local High, but instead will retrace 2/3rds of the way back up towards it, before putting in a bear M top, and then going right back down the way it came. Title: Re: Matthecat reverse indicator confirmed Post by: bitebits on January 10, 2016, 09:07:06 PM and then going right back down the way it came. When you see a seed battling and finally managing coming above ground, forming it's first leaves. Do you keep saying it is more likely to go back into the ground, or move up rapidly to the sun/moon? We had the most nerve breaking part, now just enjoy watching it grow. Did you know that you can almost see a plant grow with the naked eye? Title: Re: Matthecat reverse indicator confirmed Post by: Meuh6879 on January 10, 2016, 09:11:05 PM Incoming -snip- http://imagizer.imageshack.us/a/img633/1858/55H5rK.gifhttp://imagizer.imageshack.us/a/img908/2412/4RvipD.gif Title: Re: The MatTheCat reverse indicator thread Post by: r0ach on January 10, 2016, 09:47:02 PM I've changed the topic slightly to "The MatTheCat reverse indicator thread". I feel this thread can become a full length documentary.
Title: Re: The MatTheCat reverse indicator thread Post by: afbitcoins on January 10, 2016, 11:16:39 PM Thought this was an interesting point of view, not specific to bitcoin but is relevant to bitcoin I think.
Quote Don't watch markets too much - its all program trading Submitted by gldslv on January 9, 2016 - 2:29am. It must be tough playing markets using traditional trading techniques now a days. Trading against algos is like playing chess with a computer. It moves 100 times faster and given enough market power can create any perception it wants to paint. All the manipulator has to do is tell the computer to move a stock/bond/index prices in a method that paints a image to the trader that becomes financially attractive. Once the money is drawn in they can tell it to go in reverse and clean the house/gather the chips. Its not the old days, in today's world, perception is managed by a few money centers. Its all algos based in painting an image of market movements. Not reality. 'Falling knives', 'gap filling' are algo responses these days and not traditonal human traders (forget investing) performing the activity. Trading algos do not take into account any long term investment data points that any reasonable human investor instantly understands.. Do the algos adjust/compensate trading patterns on this type of information? Its really hard to quantify and therefore hard to introduce to the algo: 1) Debt/gdp ratios and the rate of debt growth between sovereigns relative to a stable unit of account? 2) rapidly changing geo-political relationships. Can't quantify that until you see an earnings/pricing hit somewhere. 3) The meaning of 'money versus a currency' as it pertains to human purchasing power? Which to humans, I would think, is really important. 4) Undefined black swan events like country X accepting the yuan for trading or better yet announcements that include new markets to sell/buy goods and services, therefore impacting the future earnings power of corporations that do not participate in those markets. Its important to get the trend right, the algos react to capital and trade movement but I'm convinced that if China attacked Japan on a Monday, human traders would hit the sell button, the markets would drop and by Thursday, by controlling/manipulating the VIX and futures on the indexes, the algos would gap fill right back to almost normal. This type of event is a trend influencer that only humans can quantitatively 'feel' the impact on future market conditions. The algo's lack of understanding for these minor and not so minor non-quantitative events is why we are experiencing more and more shock and awe. To me this is saying, trade on longer timescales. On day trading you will be cleaned out. Title: Re: The MatTheCat reverse indicator thread Post by: MatTheCat on January 11, 2016, 04:54:09 AM When you see a seed battling and finally managing coming above ground, forming it's first leaves. Do you keep saying it is more likely to go back into the ground, or move up rapidly to the sun/moon? We had the most nerve breaking part, now just enjoy watching it grow. Did you know that you can almost see a plant grow with the naked eye? Bitcoin is not a plant. Bitcoin is a means of transferring wealth from dumb money to smart money. That means it has to ramp up and down. Plants don't do this. Worst analogy ever. Thought this was an interesting point of view, not specific to bitcoin but is relevant to bitcoin I think. Quote Don't watch markets too much - its all program trading Submitted by gldslv on January 9, 2016 - 2:29am. It must be tough playing markets using traditional trading techniques now a days. Trading against algos is like playing chess with a computer. It moves 100 times faster and given enough market power can create any perception it wants to paint. All the manipulator has to do is tell the computer to move a stock/bond/index prices in a method that paints a image to the trader that becomes financially attractive. Once the money is drawn in they can tell it to go in reverse and clean the house/gather the chips. To me this is saying, trade on longer timescales. On day trading you will be cleaned out. Excellent post. But on the otherhand, this is also why HFT markets such as Huobi respond to certain levels and fit into specific TA models so well. What the post describes, is also pretty much my reasoning for my 'Everyone's a Loser' chart forecast. If what I project in my chart comes to fruition, the majority of market participants are going to lose money. Bears are going to have their Short Stops triggered. Bulls are going to start piling in on break of significant resistance, and the whales will be letting them bulls have all the $470+ Bitcoin that they can possibly carry, until retail buying pressure dries up, and the HFT bots are set into reverse mode. Edit: 'Everyone's a Loser' trade idea abandoned. Someone has come to Stamp with a big bag of BTC to dump. When Stamp leads, it is always to the downside. Whether the whale doing the dumping had a 2K BTC sack, which he has already emptied, or a 5K sack, or a 20K BTC sack is irrelevant to me. Far too dangerous to trade at the moment. Title: Re: The MatTheCat reverse indicator thread Post by: r0ach on January 11, 2016, 11:52:03 AM It's funny how everyone sees the market being entirely controlled by a "they", meaning exchange owners or random Chinese billionaire, when the gold market movements now look identical to the Bitcoin market movements. From a flat line to a random, big vertical line, a stop, then another.
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2016/01/20160110_gold.jpg Title: Re: The MatTheCat reverse indicator thread Post by: MatTheCat on January 11, 2016, 12:00:43 PM It's funny how everyone sees the market being entirely controlled by a "they", meaning exchange owners or random Chinese billionaire, when the gold market movements now look identical to the Bitcoin market movements. From a flat line to a random, big vertical line, a stop, then another. ...yet their are whole books devoted to the topic of how to spot and/or get on the right side of insider market actions? The more the concentrated a stock or an asset is in just a few hands, the more likely the market is to be dictated by a 'they' and I think it is fairly common knowledge that a large proportion of Bitcoin is held by a relatively small number of hands. Title: Re: The MatTheCat reverse indicator thread Post by: r0ach on January 11, 2016, 12:13:48 PM But you tend to act like Bitcoin is "poisoned" by manipulators and that other markets aren't. It's pretty much the same wherever you go. You're always going to be in one of the following three categories:
1) Market Maker - can move markets 2) Momentum Trader - make money riding on the back of whale trends 3) Gambler - buys when there is no obvious trend That's probably the biggest scam element of the stock market, is that there's a permanently, artificially manufactured uptrend due to continus QE since the beginning of time. One might be able to make the claim that it's a conspiracy to make a forced corporatocracy since the majority of the time you're going to be on the positive side of momentum trade due to inflation (#2 in the list above). Therefore, you're forced to hand your money over to make big corporations even bigger and powerful. The other side effect is that due to this artificial, mostly permanent, positive market indicator, there's too many people making money on the stock market when they shouldn't be. Anything that's a zero sum game, which any currency is, since one man's trillionaire is another man's slave plantation owner via having monopoly over everything, should be far more risky to try and profit in or it's not a rational market. The final conclusion is, if you believe that only big business/companies create things of value, then it looks like not only did the Ayn Randians of Atlas Shrugged win, but that system is actually forced upon you. Companies need customers, and since this system is designed to fleece all the customers of everything eventually, either every customer becomes a part of some corporation themselves via stock ownership and/or employment, or the system collapses. All resulting from the prime mover of inflation. Title: Re: The MatTheCat reverse indicator thread Post by: r0ach on January 21, 2016, 11:16:48 AM Awaiting new MatTheMarginCalled reverse indicator
Title: Re: The MatTheCat reverse indicator thread Post by: abs350 on January 21, 2016, 11:37:20 AM Guys guys guys.
Youre wasting your time with this. Seriously if you do this short term trading thing you can only lose. Mathematically its obvious. Short term trading is about who has the most cheese. The more $$$$$ you have the more you can pump & dump and the more you make. And the reverse. Dont waste your time with this bull/bear. if you are a small guy you are gonna get crushed. No indicator can help you and it doesnt matter how long you spend watching bitcoinwisdom.com..... You are gonna get crushed by a whale. So....... just buy and hold. We just had a massive correction over the last few years and yet the price didnt go to zero. Thats how you know its a correction and still a bull. Otherwise it would have gone to zero already. There's nothing else to know. Seriously. Just buy and hold. Dont give your money to the pump + dump professionals. Don't play that game unless you know you are the whale. You can only lose. You guys know the economic picture. You know people outside of these forums hate bitcoin. You know us believers are the enlightened few on the planet. You know the price is mega undervalued. Dont be a douche. Buy and hold. Dont play the short term game you cannot win. PS. Roach you are a douche. At least MatTheCat gives his opinions. All u do is just insult people because you are losing money but you dont admit it. MatTheCat is a cool guy. Title: Re: The MatTheCat reverse indicator thread Post by: MatTheCat on January 21, 2016, 11:43:28 AM Awaiting new MatTheMarginCalled reverse indicator Yes... Stop Called on my FUCKING LONG! TWICE! Once way down below on the Fuck You Move down to $352. And again on the Fuck You Move prior to the break out (actually, I stopped myself out here at scratch, due to bearish market signals...but point is, market lied to me yet again). I fucking hate this manipulated fucking bullshit cunt of a market. But just so you know. Next major target for Bitcoin is $315 imo. Another probably Fuck You Move up to $435 notwithstanding, just to shake the public out of its short positions (same as they done with the publics long positions down below) before 'they' send her crashing back down, taking all the little piggies oinking for $500-$1000 Bitcoin, back down to the slaughterhouse. If I take the short, and it turns out I am wrong and I get stopped as Bitcoin heads up to breach a major resistance, then so fuck. If I take the short, get stopped out in my sleep, just before Bitcoin crashes...then man....if that happens again, I am gonna need to kill someone. Title: Re: The MatTheCat reverse indicator thread Post by: Searing on January 21, 2016, 02:27:07 PM Awaiting new MatTheMarginCalled reverse indicator Yes... Stop Called on my FUCKING LONG! TWICE! Once way down below on the Fuck You Move down to $352. And again on the Fuck You Move prior to the break out (actually, I stopped myself out here at scratch, due to bearish market signals...but point is, market lied to me yet again). I fucking hate this manipulated fucking bullshit cunt of a market. But just so you know. Next major target for Bitcoin is $315 imo. Another probably Fuck You Move up to $435 notwithstanding, just to shake the public out of its short positions (same as they done with the publics long positions down below) before 'they' send her crashing back down, taking all the little piggies oinking for $500-$1000 Bitcoin, back down to the slaughterhouse. If I take the short, and it turns out I am wrong and I get stopped as Bitcoin heads up to breach a major resistance, then so fuck. If I take the short, get stopped out in my sleep, just before Bitcoin crashes...then man....if that happens again, I am gonna need to kill someone. This is why I simply mine an hold ...I may be an idiot (or it may be idiot proof) but don't need the drama...it either works or it don't work. So far keeping score....BTC would have to dump to about 210 for me to be out equip and elec (mined since 2013 in 2013 knc jupiter 53 btc and now knc titan script miners...1 new 1 was used....at about 47 more btc equiv (if i moved ltc to btc today) for around 101 btc total or so?) and still mining on my (mostly) move it all from ltc to btc when the ratio is right :) but anyway keeping score... BTC would have to dump to below 210 (if i lumped all the ltc into btc now) and LTC alone with what I have left ...with before halving most of it at about 1.80 or so I think If I am right .....no issues...if I am wrong...well ..they have these nice 'beanie baby' support groups...I could join....mostly women ..hey I could get lucky...we'd have something in common off the start :( but trading makes me pucker up in all the wrong places..I'd always guess wrong (just saying) but admire your efforts...and wish you the best of luck ...but..coward that I am watching from the sidelines :) I look at it this way...I have invested in BTC equip the equiv of a Bass Boat ..if BTC and LTC and open crypto all goes to heck..well hell the Bass Boat sunk is how I'm gonna think of it :) anyway how I keep score ...staying as far the fr*ck away from 'trading' as I can get ..I know my limitations anyway best of luck ...braver man than I am....I have enough drama just playing 'hold the btc' game Title: Re: The MatTheCat reverse indicator thread Post by: MatTheCat on January 21, 2016, 03:10:52 PM anyway how I keep score ...staying as far the fr*ck away from 'trading' as I can get ..I know my limitations anyway best of luck ...braver man than I am....I have enough drama just playing 'hold the btc' game I have only very recently started to make real attempts to stop tarding bitcoin and start trading it. Majority who 'trade', actually 'tard', and that is just the way it is. I am generally scraping profits (recently), but am still very rough around the edges with regards to trading plans, set-ups, entries and exits, but am sharpening up all the time. The one big advantage I can easily see coming from learning to trade and understand markets, is when the time comes to get the fuck out of a market. I will be far more likely to recognise it than if I was just happily holding with the philosophy that 'it will either work or it won't'. Title: Re: The MatTheCat reverse indicator thread Post by: sandiman on January 21, 2016, 04:24:54 PM Even if this indicator looks very serious, I am not sure I am ready to bet some money on a cat named mat ::)
Title: Re: The MatTheCat reverse indicator thread Post by: Searing on January 22, 2016, 05:58:19 AM anyway how I keep score ...staying as far the fr*ck away from 'trading' as I can get ..I know my limitations anyway best of luck ...braver man than I am....I have enough drama just playing 'hold the btc' game I have only very recently started to make real attempts to stop tarding bitcoin and start trading it. Majority who 'trade', actually 'tard', and that is just the way it is. I am generally scraping profits (recently), but am still very rough around the edges with regards to trading plans, set-ups, entries and exits, but am sharpening up all the time. The one big advantage I can easily see coming from learning to trade and understand markets, is when the time comes to get the fuck out of a market. I will be far more likely to recognise it than if I was just happily holding with the philosophy that 'it will either work or it won't'. if it is time to get out of market...everyone will realize it at the same time imho ....won't matter ..we will all be 'screwed' just my thoughts...if a 'slow bleed' I'd likely get most of my btc and/or ltc out (i hope)...but my expectation is 'if she goes tulips' the free fall will be such that it will blast past my 210 floor anyway....so again...it works or it don't ..that's how i got into it ...that's probably how i will get out...on my feet or boots first :) but admire your 'kutspa' ...me don't have the time to delve into this ...nor the 'angst' of learning such.... but if you 'succeed' it is more then likely we all will....so I wish you luck :) Title: Re: The MatTheCat reverse indicator thread Post by: MatTheCat on January 22, 2016, 07:58:38 AM if it is time to get out of market...everyone will realize it at the same time imho ....won't matter ..we will all be 'screwed' just my thoughts...if a 'slow bleed' I'd likely get most of my btc and/or ltc out (i hope)...but my expectation is 'if she goes tulips' the free fall will be such that it will blast past my 210 floor anyway....so again...it works or it don't ..that's how i got into it ...that's probably how i will get out...on my feet or boots first :) but admire your 'kutspa' ...me don't have the time to delve into this ...nor the 'angst' of learning such.... but if you 'succeed' it is more then likely we all will....so I wish you luck :) au contraire! When it is time to get the fuck out the market, everyone will doing the exact opposite. They will be piling in, hands over fist. Title: Re: The MatTheCat reverse indicator thread Post by: Searing on January 22, 2016, 08:25:07 AM if it is time to get out of market...everyone will realize it at the same time imho ....won't matter ..we will all be 'screwed' just my thoughts...if a 'slow bleed' I'd likely get most of my btc and/or ltc out (i hope)...but my expectation is 'if she goes tulips' the free fall will be such that it will blast past my 210 floor anyway....so again...it works or it don't ..that's how i got into it ...that's probably how i will get out...on my feet or boots first :) but admire your 'kutspa' ...me don't have the time to delve into this ...nor the 'angst' of learning such.... but if you 'succeed' it is more then likely we all will....so I wish you luck :) au contraire! When it is time to get the fuck out the market, everyone will doing the exact opposite. They will be piling in, hands over fist. could be true.....i too have drunk the btc and ltc 'kool aid' as usual I will be the last to know....lol :) but win/lose/draw the last 3 years have been a hell of a lot of fun! :) don't let me 'discourage' you...me .....i know my time/ego/angst/fud limitations on all this....and 'at this time' trading is not on it on the other hand I have a new scam 'attic mining' you go to attic (in my case 5k prob of junk) you sell on ebay...you then by btc.....if all goes 'tulips' you have 'clean attic' (in my case fix floor etc 2k) and house value goes up 15k (also on 'paper' like btc) EGO SAVED....lol...but seriously.....I probably need to do this....(but ebay is sooooo boring) or if/when I kick the bucket that stuff will all go to a 'landfill' anyway...it is not like my relatives would know how to sell all that apple2/kapro/exotic stuff on ebay anyway I was given/found/got for peanuts...:) but as to 'home mining' that is the only version I promote now (or in your case 'trading') only game(s) in town for us 'regular folk' :) Title: Re: The MatTheCat reverse indicator thread Post by: MatTheCat on January 22, 2016, 09:40:01 AM derp....scrapped.
Title: Re: The MatTheCat reverse indicator thread Post by: Searing on January 22, 2016, 12:13:29 PM derp....scrapped. ditto 'the above quote' for your trading at a loss :) we all are quite 'mad' imho from the majority point of view no matter how we pursue crypto..in my case btc holding...in your case in/out trading....so it goes :) Time will definitely tell .... Title: Re: The MatTheCat reverse indicator thread Post by: MatTheCat on January 22, 2016, 01:16:14 PM derp....scrapped. ditto 'the above quote' for your trading at a loss :) we all are quite 'mad' imho from the majority point of view no matter how we pursue crypto..in my case btc holding...in your case in/out trading....so it goes :) Time will definitely tell .... Nope. My trade was more a play on EUR rising against USD. USD to BTC on Finex. BTC to EUR on Kraken. EURUSD currently at 1.08. Am expecting to see it at around 1.12 over coming week. So Fiat is better sitting in EUR than USD for now. True, I was traying to catch a bus back up the charts, but Bitcoin started looking heavy, so just converted right away. No Loss. I entered trade without waiting on divergence on 15 minute chart. Not waiting on Div at least on 15 min charts is in the sin bin of all trade entries, but I done it anyway, with one eye on the EURUSD bounce. Too many moving parts. That div (15 min BTC) has now occurred and my trade will probably now go on to work, but I cant be arsed with it all right now. Title: Re: The MatTheCat reverse indicator thread Post by: Searing on January 22, 2016, 03:06:04 PM derp....scrapped. ditto 'the above quote' for your trading at a loss :) we all are quite 'mad' imho from the majority point of view no matter how we pursue crypto..in my case btc holding...in your case in/out trading....so it goes :) Time will definitely tell .... Nope. My trade was more a play on EUR rising against USD. USD to BTC on Finex. BTC to EUR on Kraken. EURUSD currently at 1.08. Am expecting to see it at around 1.12 over coming week. So Fiat is better sitting in EUR than USD for now. True, I was traying to catch a bus back up the charts, but Bitcoin started looking heavy, so just converted right away. No Loss. I entered trade without waiting on divergence on 15 minute chart. Not waiting on Div at least on 15 min charts is in the sin bin of all trade entries, but I done it anyway, with one eye on the EURUSD bounce. Too many moving parts. That div (15 min BTC) has now occurred and my trade will probably now go on to work, but I cant be arsed with it all right now. heh...well good for you...at least you have the chops and an 'angle' ...myself I prefer (or whatever) the long game on holding BTC...by end of life of the 2 Titans (I convert ltc to btc)I should be around 110 btc of coin....end of miner life that is ....so even at today's prices of around 400 bucks I've doubled my money almost exactly (admittedly on paper) and that includes all equip and electric since oct 18th 2013 when I started.... so yeah...I'm speculating on future growth of this 'open protocol' and such for BTC etc at least most folk today I can get them to the point where they accept it as a risk and speculation....that is better then 2013 when my bank sic'd the SEC on me because 'obviously' i was a criminal mastermind (bank error to say they jumped to conclusions was an understatement) was fun thou.....got it cleared up promptly but felt like 'Al Capone' when I went into the bank that week (needless to say ..changed banks) so anyway progress of a sort.....from everyone thinking btc is a 'ponzi' to them in 2015 just thinking I'm crazy (no real change there most folk think that anyway) :) well good luck on your endeavors ..I like reading this thread for the other perspective on all this ...coward that I am...(we also serve who hold and wait) :) later Title: Re: The MatTheCat reverse indicator thread Post by: r0ach on January 26, 2016, 04:46:33 AM New reverse indicator in:
Fucking rat cocksuckers. 6 fucking BTC trade with Stop Order This was a short position where he was disagreeable the price went up. If he was still short, we would be clear for an extreme upside breakout, but his short was wiped out, so it's unclear what the market will do now. Title: Re: The MatTheCat reverse indicator thread Post by: MatTheCat on January 26, 2016, 11:55:39 PM New reverse indicator in: Fucking rat cocksuckers. 6 fucking BTC trade with Stop Order This was a short position where he was disagreeable the price went up. If he was still short, we would be clear for an extreme upside breakout, but his short was wiped out, so it's unclear what the market will do now. https://www.tradingview.com/x/tAYp11Gc/ Title: Re: The MatTheCat reverse indicator thread Post by: abs350 on January 28, 2016, 11:51:40 PM Any update on the indicator please? :P
Title: Re: The MatTheCat reverse indicator thread Post by: MatTheCat on January 29, 2016, 12:13:05 AM Any update on the indicator please? :P yep...shit trade...and a complete reversal from the short tub I have been thumping the whole time...up until the 2nd time I got Stop triggered at the very top of the candle....... ....but trade was based upon bull div forming on 15 minute...but nothing came of it, it was invalidated...and I closed my position...except for a few BTC...which I decided to hold and simply not sell until they were in profit (as opposed to all the hopscotching around which is beginning to do my nut in...since I know in a few months time, this will be trading up around $650+ regardless of any pumps n dumps in between..... ...anyhow..as for reverse indicator.... I am still expecting BTC to crater....and since for various reasons I amn't actually in this trade I posted: https://www.tradingview.com/chart/BTCUSD/TivbFXdk-Short-Trade-Location-Hits/ Crater, it most likely will. Title: Re: Matthecat reverse indicator confirmed Post by: Searing on January 29, 2016, 07:40:27 AM Hmm, Mat is long, those are basically the epitome of "weak hand" coins. Now all we need is to print a bumper sticker that says, "If MatTheCat is long, what could go wrong?" yeah ... i hold all my coins i've ever mined...may as well print one up for me too :) ...hell you may have a thriving bumper sticker business concern a going! :) boom or bust baby....boom or bust :) Title: Re: The MatTheCat reverse indicator thread Post by: r0ach on April 21, 2016, 03:12:00 AM The new reverse indicator:
I am currently short from $430, and won't be adjusting anything for the time being. |
