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Author Topic: I drew lines on a chart.  (Read 2623 times)
ElectricMucus (OP)
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October 21, 2012, 11:19:01 PM
 #1

I call it the long term trend.




Discuss.
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October 21, 2012, 11:20:46 PM
 #2

YO!, You shouldn't be giving away such awesomeness for free!!
ElectricMucus (OP)
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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
 #4

The long term trend consists of straight lines on a linear chart? Guess we're all doomed, then.

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October 22, 2012, 04:34:03 AM
 #5

I think you're one trend behind.
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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 (OP)
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October 22, 2012, 12:53:18 PM
 #9

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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October 22, 2012, 01:20:22 PM
 #10

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

ElectricMucus (OP)
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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.
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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October 22, 2012, 02:02:56 PM
Last edit: October 22, 2012, 03:29:56 PM by BitLucky
 #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 (OP)
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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.
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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
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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 (OP)
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October 22, 2012, 11:21:02 PM
 #18

IDK... did you automate it?
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 (OP)
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October 22, 2012, 11:43:22 PM
 #20


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