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1Pakis (OP)
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September 03, 2012, 10:25:09 AM |
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I 'm starting this thread in order to keep a log of very simple analysis usually without comments from me. You can comment you as much as you want. Lets start:  |
Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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1Pakis (OP)
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September 03, 2012, 10:31:48 AM |
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Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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1Pakis (OP)
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September 03, 2012, 10:39:19 AM |
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Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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1Pakis (OP)
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September 03, 2012, 10:58:28 AM
Last edit: September 03, 2012, 04:51:08 PM by 1Pakis |
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ur SC configuration is not correct
Where is the mistake? What should I do to correct it?  |
Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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Seal
Donator
Hero Member
 Offline
Activity: 848
Merit: 1078
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September 03, 2012, 11:46:15 AM |
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I 'm starting this thread in order to keep a log of very simple analysis usually without comments from me.
Why no comments? Given this is a forum community, a description would be helpful to a lot of people even if it is only one sentence. |
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1Pakis (OP)
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September 03, 2012, 12:08:45 PM |
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I thing because they are simple they are somehow self explained  |
Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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the_thing
Sr. Member
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Activity: 546
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Proof-of-Stake Blockchain Network
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September 03, 2012, 12:31:08 PM |
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I thing because they are simple they are somehow self explained From what I see, I understand that you use minimum and maximum day prices in certain days (typically in long-time lows and peaks). However, I don't understand how maximum and minimum prices in these days are relevant. You know, sometimes people sell/buy small amounts of bitcoins for much less/more than what market price is. Care to explain your methods? |
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1Pakis (OP)
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September 03, 2012, 04:48:01 PM |
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Care to explain your methods?
I don't have any specific method. When you draw lines, channels, fibs, e.t.c. you use the extremes. I don't recomment any entry or exit points. I just try to keep it simple and not overanalyse. |
Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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the_thing
Sr. Member
Offline
Activity: 546
Merit: 252
Proof-of-Stake Blockchain Network
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September 03, 2012, 05:05:44 PM |
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Care to explain your methods?
I don't have any specific method. When you draw lines, channels, fibs, e.t.c. you use the extremes. I don't recomment any entry or exit points. I just try to keep it simple and not overanalyse. Well, if you don't have a specific method and just draw straight lines and connect them somewhere then it seems like a random analysis that shows nothing. Truth be told, I'm skeptical about technical analysis in general. |
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| |
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|
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|
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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September 03, 2012, 10:46:13 PM |
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Well, if you don't have a specific method and just draw straight lines and connect them somewhere then it seems like a random analysis that shows nothing.
Truth be told, I'm skeptical about technical analysis in general.
Well, you can see that the trend-lines show obvious support/resistance, and that the descending channel was broken out of today. I would recommend however, the use of parallel lines to mark the top/bottom extremes of the channels, and everyone would be able to see how these channels hold up over time. |
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FreeMoney
Legendary
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Activity: 1246
Merit: 1014
Strength in numbers
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September 04, 2012, 12:34:01 AM |
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These charts are all of the past. When do we get the future ones?
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone. |
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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September 04, 2012, 12:42:47 AM |
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These charts are all of the past. When do we get the future ones?
I'd pay some decent coin for SierraChart:Future!  |
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cloon
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September 04, 2012, 07:12:06 AM |
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@1pakis
have you thought of using logarithmic scale?
you'd have a different view
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donations to 13zWUMSHA7AzGjqWmJNhJLYZxHmjNPKduY
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1Pakis (OP)
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September 06, 2012, 05:05:00 AM |
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I will try it.
I think log scale is for long term and very big price movements.
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Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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1Pakis (OP)
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September 06, 2012, 05:05:43 AM |
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Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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1Pakis (OP)
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September 06, 2012, 05:19:31 AM |
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Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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1Pakis (OP)
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September 06, 2012, 05:24:39 AM |
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Here is the log scale of the above image. Not much difference.  |
Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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lucif
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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September 06, 2012, 12:23:33 PM |
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lucif
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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September 06, 2012, 10:19:07 PM |
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