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I don't think STR will break 0.0000125 - 0.000013 is a buy!
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The box sizes are not ideal, I am just playing around with my HL script to see how it behaves... EDIT: STR seems good, XMR needs some tweaking to have better scale & ETH needs bigger box size. |
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Klee, we need a PnF update.
The question is, BFX or Bitstamp? Damnit, I already watch 4 chart for each one (2 close, 2 HL), this will make it 8 charts in total, too much information! I just came to base and met after some time with my 2 devs and 1 tester (all ex colleagues) to discuss about the project roadmap. The services would be (long term) in 3 fields: 1) P&F charting & tools 2) P&F TA 3) Signals & Patterns You could be able to choose whatever you want from the above. Regarding 2), I want to filter the noise from all these coins (and in the future every asset imaginable) with the below methods: a) Automated signal generation & pattern scans for various P&F parameter setups for EVERY asset - so I will run automated scripts for every coin (or asset) to find which setup (eg HL 2 box reversal 3, CLOSE 4 box reversal 3, HL 4 box reversal 1 etc etc) provided a signal and/or pattern in any of them. It is too difficult to do it manually, especially for many assets. So I will have an alert and I can focus making TA based on that alert. b) Optimisation. Back testing for every asset so you know which parameters are optimal for the given asset!!! Think about it... No need to depend on the skills & experience only of an analyst/trader but you can have an objective measure on which setup provided the most signals/patterns in the past for the asset (eg it maybe a log scale HL chart with 2% box size and reversal 3). Stay tuned... |
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BTC failed to breakout, it could end 3 ways: 1)Fall into the support (200+) and bounce 2)Double bottom break <198 3)Reverse and triple top break (that applies as a possible scenario after 1 too)  |
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LTC plan failed?
Not yet, will sell if we break 2.5 and/or close below 2.75 |
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Klee, so $200 will not be tested again, in other words, no more dips ?
I don't know, still overall trend is bearish. It may fall back to 200 if it fails somewhere between 240-285. Bullish above 285. |
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There is also the 242-244 resistance but I think it will be violated in the 2$ box HL. In the 4$ box resistance is 244-248:  |
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Next stop 254-258:  Or epic fail here (unlikely). |
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Just bought LTC and escaped from this shithole...
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 All the way up to $6 ? Based on what did you make this decision? I think if we don't have a sell the news dump (seems we did not), medium/long term it will retest 7$  |
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Bought LTC at 3$ - plan is to double at 6$. Cross fingers...
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I will be travelling and busy settling back at my base until Monday, so pardon my absence here and/or slow PM responses...
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So we are going down now?
Not necessarily - we may breakout above resistance (234) - I see it strong so I don't think shorting here is wise, better to wait for 234 to go long up to 245-260 area. |
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As predicted by our 2$ box chart, BTC found resistance at 228:  Did not manage to short it because of the BFX issues. I am still traped there so until I go I am looking at BFX charts too. |
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As predicted by our 2$ box chart, BTC found resistance at 228: Did not manage to short it because of the BFX issues. I am still traped there so until I go I am looking at BFX charts too. |
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interesting double top signals now on finex BTCUSD,2,3, HL as well as finex BTCUSD,4,3, HL - I would be careful.
a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
What timeframe? I see nothing on 1d*  For BTC, HL is preferable for medium/short term traders. CLOSE better for long term traders and/or investors. CLOSE is very useful for riciculously high volatility (as in BFX recently) and to have it always open for seeing a better view of the trend (HL may be on Os while CLOSE still on X column).
In alts I prefer CLOSE and 2% log scale because of the insane volatility.PM me your skype... *In 2 box HL, double top breakout is 234, 4 box 256... timeframe was 1 hour - do you have a reason for chosing a day as a timeframe? pmed you  1h is very sensitive - more reward but more false signals. Original P&F was 1d CLOSE. I don't pay TradingView so I only have 1d timeframe available. If I could I would use 4h & 8h HL charts too. |
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BFX freezes both ways lol
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interesting double top signals now on finex BTCUSD,2,3, HL as well as finex BTCUSD,4,3, HL - I would be careful.
a subjective question is on box size as well as the parametrization of close or high low - do we have enough quality here to discuss this open minded?
I think HL is the better parameter for cryptos - but I am not sure on the high part of it.
What timeframe? I see nothing on 1d* For BTC, HL is preferable for medium/short term traders. CLOSE better for long term traders and/or investors. CLOSE is very useful for riciculously high volatility (as in BFX recently) and to have it always open for seeing a better view of the trend (HL may be on Os while CLOSE still on X column).
In alts I prefer CLOSE and 2% log scale because of the insane volatility.PM me your skype... *In 2 box HL, double top breakout is 234, 4 box 256... |
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