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Author Topic: I drew lines on a chart.  (Read 2411 times)
ElectricMucus
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October 21, 2012, 11:19:01 PM
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I call it the long term trend.




Discuss.

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October 21, 2012, 11:20:46 PM
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YO!, You shouldn't be giving away such awesomeness for free!!
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October 21, 2012, 11:36:25 PM
 #3

I'm in the mood. Smiley

Besides I like "stable" prices.

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October 22, 2012, 01:29:01 AM
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The long term trend consists of straight lines on a linear chart? Guess we're all doomed, then.

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mobodick
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October 22, 2012, 04:34:03 AM
 #5

I think you're one trend behind.
phatsphere
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October 22, 2012, 10:08:00 AM
 #6

more love for logarithms please!
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October 22, 2012, 10:29:32 AM
 #7

You drew a lot of lines. Which one is the long term trend?  Huh

I still believe there wouldn't have been a crash, at least not that massive, had it not been for the MtGox incident.

I still meet folks who believe "Bitcoin was hacked".

Lots of "investors" back then didn't really understand Bitcoin yet, and just followed the herd when everyone was selling.

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Mushoz
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October 22, 2012, 11:31:29 AM
 #8

Okay, so lots of nice looking lines, but what do they mean? Will the price go up or down in the short/mid/longterm?

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ElectricMucus
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October 22, 2012, 12:53:18 PM
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The long term trend consists of straight lines on a linear chart? Guess we're all doomed, then.

I'm not saying it is forever.

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Spekulatius
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October 22, 2012, 01:20:22 PM
 #10

Seriously Mucus, the only two lines that have some informational value are those two:

ElectricMucus
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October 22, 2012, 01:34:45 PM
 #11

People ask what's a long term trend, here is one... Stop complaining.

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Akka
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October 22, 2012, 01:41:18 PM
 #12

Seriously Mucus, the only two lines that have some informational value are those two:



Impressive, so he accidental made 1/3 of his random lines have informational value.

Come on Mucus, you can do better. (or worse, seems like how serious you take this whole 0 evidence speculations).

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BitLucky
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October 22, 2012, 02:02:56 PM
 #13

more love for logarithms please!

http://www.youtube.com/watch?v=8L6Dpq5kY_A
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October 22, 2012, 03:25:23 PM
 #14

more love for logarithms please!

Indeed, I go for Log chart too, much more representative of reality !  In linear chart, price doubling looks like bubbles, in fact, on a log chart, price are much more realistic when big varation occurs !

see..

Linear : Wow, a bubble and a crash !!!



Log : Ok, some reasonable variation !!!



Very different !
ElectricMucus
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October 22, 2012, 06:51:41 PM
 #15

Same method different timeframe.

You all still think of the parallel lines as pointless?




I realize that "lines on a chart" has limitations, but it isn't supposed to exceed those, at least for me.
For something better there need to be rigorous methods.

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
mobodick
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October 22, 2012, 06:54:15 PM
 #16

Same method different timeframe.

You all still think of the parallel lines as pointless?



Aah, there you go,. latest trends ladies and gentlemen!
Smiley
myself
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October 22, 2012, 11:09:20 PM
 #17

what did i win ?




Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
ElectricMucus
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Drama Junkie


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October 22, 2012, 11:21:02 PM
 #18

IDK... did you automate it?

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
myself
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chaos is fun...…damental :)


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October 22, 2012, 11:29:22 PM
 #19

IDK... did you automate it?
http://www.sierrachart.com/index.php?l=doc/doc_TechnicalStudiesReference.html#244

Los desesperados publican que lo inventó el rey que rabió, porque todo son en el rabias y mas rabias, disgustos y mas disgustos, pezares y mas pezares; si el que compra algunas partidas vé que baxan, rabia de haver comprado; si suben, rabia de que no compró mas; si compra, suben, vende, gana y buelan aun á mas alto precio del que ha vendido; rabia de que vendió por menor precio: si no compra ni vende y ván subiendo, rabia de que haviendo tenido impulsos de comprar, no llegó á lograr los impulsos; si van baxando, rabia de que, haviendo tenido amagos de vender, no se resolvió á gozar los amagos; si le dan algun consejo y acierta, rabia de que no se lo dieron antes; si yerra, rabia de que se lo dieron; con que todo son inquietudes, todo arrepentimientos, tododelirios, luchando siempre lo insufrible con lo feliz, lo indomito con lo tranquilo y lo rabioso con lo deleytable.
ElectricMucus
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Drama Junkie


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October 22, 2012, 11:43:22 PM
 #20


In that case make a bot and see if you won...

First they ignore you, then they laugh at you, then they keep laughing, then they start choking on their laughter, and then they go and catch their breath. Then they start laughing even more.
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