OP,
Take your loss, educate yourself a bit on charting, currency trading and daytrading and maybe try hunting again later when you are better armed.
How on earth would charting and ccy/daytrading have anything to do with BTC?
There are zero reliable "levels" in the BTC market, let alone proper margin accounts, instant execution, depth, etc..it doesn't even make sense to get started to pretend that BTC is in any way a "truly" tradeable market outside of hitting buy and sell on mtgox randomly.
You've just made my point. Understanding the ramifications of lack of derivatives, liquidity but most importantly transparency and oversight is critical to understand the ramifications on BTC price fluctuations.
The crowd psychology part re: charting & day trading has already been addressed.
