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1001
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Economy / Speculation / Re: PnF TA
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on: September 12, 2015, 12:24:28 PM
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https://pointfigure.slack.com/I decided to add slack chat too, it will be a very important communication tool from now on, it is strongly advised to join. In the future it will be probably the main tool for the subscribers, until I have a site. Attention: Altcoins signals/charts will be posted ONLY there! I will use the general channels for the time being, after the service stops being public I will invite the subscribers in private groups. why not simply IRC? #pnf-bitcoin I wanna share screenshots and have control in general - it will not be open in the future unless you pay subscription fees. What is the problem with slack? Anonymity? yea no, just wondering.. its just open vs private source thing. what would be te subscription rates? 15$/month for BTC & LTC. Market reports + signals when there is any + possible signals + chat with me Still working on the alt fees and the various other services (most of them are not ready anyway). |
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1002
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Economy / Speculation / Re: PnF TA
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on: September 12, 2015, 11:47:52 AM
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https://pointfigure.slack.com/I decided to add slack chat too, it will be a very important communication tool from now on, it is strongly advised to join. In the future it will be probably the main tool for the subscribers, until I have a site. Attention: Altcoins signals/charts will be posted ONLY there! I will use the general channels for the time being, after the service stops being public I will invite the subscribers in private groups. why not simply IRC? #pnf-bitcoin I wanna share screenshots and have control in general - it will not be open in the future unless you pay subscription fees. What is the problem with slack? Anonymity? |
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1004
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Economy / Speculation / Re: Analysis never ends
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on: September 12, 2015, 10:32:31 AM
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Out of short term downtrend  Out of long term log downtrend Unusual volume activity near weekly 200 smaI am neutral-bullish and still consider downtrend from ATH went to history. Nice! Regarding the volume activity, IMO is mostly because of people entering Bitstamp again after leaving Bitfinex. |
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1005
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Economy / Speculation / Re: PnF TA
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on: September 12, 2015, 09:54:28 AM
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https://pointfigure.slack.com/I decided to add slack chat too, it will be a very important communication tool from now on, it is strongly advised to join. In the future it will be probably the main tool for the subscribers, until I have a site. Attention: Altcoins signals/charts will be posted ONLY there! I will use the general channels for the time being, after the service stops being public I will invite the subscribers in private groups.
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1006
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Economy / Speculation / Re: PnF TA
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on: September 11, 2015, 09:46:25 PM
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Email sent to subscribers, BIG Bitcoin & Litecoin move regardless of direction (very strong patterns in both directions)!!!
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1007
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Economy / Speculation / Re: PnF TA
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on: September 11, 2015, 09:22:42 PM
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But the Apple chart is for a period of ~15 years, or am i too stupid to read the chart?
See the last X column, it starts from April this year... EDIT: Just saw it is basically a triple top!   |
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1008
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Economy / Speculation / Re: PnF TA
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on: September 11, 2015, 08:38:17 PM
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Long story short, AAPL is kicking ass while BTC is eating dust....
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1010
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Economy / Speculation / Re: PnF TA
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on: September 11, 2015, 08:12:17 PM
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XBT ETN vs NASDAQ COMPOSITE Relative Strength chart (from 18 May 2015 until now), 1x2:  We had a Bearish signal reversed which led up to 110, which means that the ETN was outperforming $COMPQ for 10%. We retraced almost at the resistance and we are now at 8% better performance from $COMPQ. The chart has excluded dates that the two markets were not both open and does not take into account the USD SEK fluctuations (it is based on the current rate 1 USD = 8.23340 SEK). This is the first time a P&F Relative Strength chart of BTC vs an institutional index is presented. I have RS charts for BTC:$BRENT, BTC:$GOLD, BTC:$SPX etc. Not to be published in public  This chart mean that if NASDAQ is rallying, if we have in this chart X column, BTC is outperforming the NASDAQ market. PF trendlines & patterns apply here too. If we have 0 columns, better look for a better investment (while of course NASDAQ rallies)... |
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1011
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Economy / Speculation / Re: PnF TA
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on: September 10, 2015, 08:25:51 PM
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Thanks Fakhoury, not sure yet on this pump - if we hit 260 things will start to get very serious. But we may have sideways and we are still in a bear trend so every fall below the old low (now about 225) is very dangerous for the bulls.
Classical TA agrees, we have to be above 260 to be bullish again: (PF is classical TA too but you know what I mean) Thank you Klee, but $260 is still far my friend. That's why I am posting this, to remind the bulls their duty! |
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1012
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Economy / Speculation / Re: PnF TA
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on: September 10, 2015, 06:31:09 PM
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Thanks Fakhoury, not sure yet on this pump - if we hit 260 things will start to get very serious. But we may have sideways and we are still in a bear trend so every fall below the old low (now about 225) is very dangerous for the bulls.
Classical TA agrees, we have to be above 260 to be bullish again:  (PF is classical TA too but you know what I mean) |
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1014
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Alternate cryptocurrencies / Altcoin Discussion / Re: Does anyone still think NXT is a scam?
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on: September 10, 2015, 12:18:02 PM
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did you know that it's possible to launch a mineable PoW monetary system (MS) coin that runs on top of the NXT platform? You need to open your mind and do more research, NXT is more than a coin, and your love of mineable coins is being catered for!
Why would I launch a mineable PoW monetary system (MS) coin that runs on top of the NXT platform when I already have Bitcoin? I'm very open minded and know Bitcoin's worth, thanks. Can you imagine a scenario where a small community might want to use the power of a crypto currency that's distributed among them using PoW, but there aren't enough users to ever secure their own PoW network? The community would want to control as much as possible about the coin, so using Bitcoin wont work as most of the variables are already set, and the value is too volatile. Think hard, and I'm not talking about you personally here either, just a group of people anywhere in the world who might want to use a crypto currency between themselves. I can think of literally millions of cases (my mind is very open), and many use cases don't suit bitcoin. Bitcoin is cool and worth a lot for what it can do, but it isn't appropriate in every use-case where a PoW coin might be useful, BUT, that's ok because the NXT MS can cater for many other use-cases, including small niche cases, like a school community, workplace, apartment block etc. How many P2P nodes do you need running 24/7 to secure a PoW network? More than many niche coins could ever guarantee on their own network, so they either use an existing crypto like bitcoin, or start their own MS coin. I'm currently working on a proposal for a 'school coin', distributed using PoW, with a fixed supply that's reached within 12 months. I also want to peg the value of the coin to 1 cent. This coin would be very useful in a small school community of ~500 students as a 'rewards' system, and I can make it using a NXT MS coin quite easily. AFAIK there isn't any other viable option open to me. Why PoW? |
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1015
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Alternate cryptocurrencies / Altcoin Discussion / Re: ion discussion
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on: September 10, 2015, 12:02:44 PM
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Don't worry, this is all good if this is about to succeed - it will strengthen the project.
Of course you are only human and you should try to manage your interactions because everything has it's price.
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1018
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Economy / Speculation / Re: How many BTC I need ?
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on: September 09, 2015, 04:37:41 PM
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1M so even if it goes to 1$ you are still a millionaire! Damn you Satoshi.... No reason for many to put $1 million into Bitcoin, unless they have a ton of money to spare. No interest can be gained off of it. Once Bitcoin stabilizes and increases steadily in value, then people will store their wealth in Bitcoin. Bitcoin's too young right now, and too volatile for the rich to do that. Once it starts an uptrend, there will be an explosive amount of growth, since more people know about it and want to jump on the train, it may fall just as visciously back down, unless Bitcoin finds it's place in society. Once it does, as little as 10 could make you a millionaire. I meant 1M BTC lol |
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1020
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Economy / Speculation / Re: PnF TA
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on: September 09, 2015, 10:54:05 AM
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What I sent a couple of hours ago to my subscribers: ================================================================================================ Hi all, I was extremely busy lately and did not manage to do the report I was planning. But we have an alert for sell if BTC hits 238 at Bitstamp and LTC 2.9$ at BTC-e. This is a pretty much short term signal but given the overall crypto market trend (bearish) and the importance of the resistance levels reached, it is advised to pay very close attention to this pullback. I will try to make an in depth report about everything later today/tonight. ================================================================================================ Support for LTC is 2.7-2.75, stoploss 2.65$ BTC is trickier, we have a first bullish support at 232-234, then the previous double bottom at 226 (basically 225) and then another bullish support 218-220. Again, these are based on short term HL charts (I will post them asap) and should be treated with caution (again, I want to remind that the bullish support lines are NOT so effective when a bearish resistance is present above...). ================================================================================================ Bitstamp, 2h CLOSE, 1x1 246 245 X X 244 X 0 0 243 X X 0 242 X 0 X 0 241 X X 0 X 0 240 X 0 0 0 239 X 238 X 237 X 236 X 235 X 234 X X X 233 X 0 X 0 232 X 0 X 231 X 0 X X 230 X X 0 X X 0 X X 229 X 0 X 0 0 X X X X 0 X 0 X 228 X 0 X X 0 0 0 X 0 X 0 X 0 227 X 0 X 0 X 0 0 0 226 X 0 X X 0 X 225 X X 0 X 0 0 X 224 X X 0 X 0 0 X 223 X 0 X 0 X 0 X 222 X 0 0 X 0 221 X 0 220 X Support 240, sell if we close 239 and lower. ================================================================================================ I decided to add the previous setup ALWAYS in my short term analysis, because sometimes the HL charts are very noisy, especially when we use small box size and/or reversal (eg reversal of 2 boxes). So now we have TWO ways of predicting a short term move (for day traders) - one is the daily 2x2 HL and the other is the 2h 1x1 CLOSE. In our case we sell if we hit 238 in the first one OR close below 240 in the second. Here is the 2x2 chart:  See how the price found solid resistance as predicted (in the 245 area). Also, I have added some bullish resistance lines. In a possible price recovery and new breakout, we will have a new triple top which will face huge resistance at 250$ which is the red thick line and the bullish resistance from the last spike at 246$. ================================================================================================ EDIT: The pasted excel sucks but... |
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