Yet another analyst :)

[lucif]

I must say - analytics do not disclose their personal bets with such specific targets and timeframes. Moreover in very short term.

This is my resposibility and i took it. Lets wait.

[cypherdoc]

I must say - analytics do not disclose their personal bets with such specific targets and timeframes. Moreover in very short term.

This is my resposibility and i took it. Lets wait.

sure i have.  in my newsletter.  you unfortunately, have made this a public thread.

so in short term you're betting down with a target of 1240.  what happened to the 5 from 2d ago and why?

[lucif]

You are completely blind. That was weekly chart with not yet confirmed figure and 5 target within months

You don't provide targets in your emails at all. You just say buy or sell. When? At what level? What to expect? Only yr ass knows.

And you know what? You trolled out my personal bet. Take it. No matter will I right or not - fuck you.

But I'm sure I am right. I will not share such specifics anymore. Nobody do it.

[cypherdoc]

no need to get upset.  i had enough of that yesterday.

its a public thread and i'm only asking good, basic questions that i'm sure the others are interested in too.

i actually commend you for putting yourself out there on direction and target.  you know what i think already and you know what direction i think things go from my newsletter.

[lucif]

Green doji completed, cypher. Like predicted. One green candle will allow some more red. Today or tomorrow I expect 20 sma to fall. With following selloff.

[cypherdoc]

Green doji completed, cypher. Like predicted. One green candle will allow some more red. Today or tomorrow I expect 20 sma to fall. With following selloff.

that's the way to put yourself out there.  good for you.

[Lethn]

I hated using candlestick charts for currency trading, you're very lucky your brain can take that kind of thing.

[lebing]

with such overt manipulation of candle sticks on mtgox, its not exactly an ideal strategy to follow.

[RyNinDaCleM]

with such overt manipulation of candle sticks on mtgox, its not exactly an ideal strategy to follow.

That's why you can't use short periods! Daily and longer for candlesticks. The forced candles can only last so long then the big guy gets too much on one side and he doesn't have the power to muscle the market any longer, so longer periods are more of an accurate average.

[smoothie]

cypher,

1) I dont try to win, I analyze the actual situation based on TA and figures.
2) Trend dont follow you as well as volume. Coz you are blind and ignoring basics of 1st year study of technicial analysis.

The main indicator on this market is volume. Look at graphs and say on which side daily and weekly candles volume?

hey, hey.  no need to get testy.  i was just teasing you and pointing out a couple of things. 

like i told you before, don't make the rookie mistake of focusing on volume so much.

Once again Cypher trolling the bears lol.

Volume isn't the only thing to look at yes but it shouldn't be ignored. Who's to say what "too much" focus on a topic is or isn't? Cypher please stop preaching as if you have the holy grail of flawless trading techniques.

Nothing to see here guys.

Lucif keep it coming, you are doing great. Thanks for the effort and insight sharing WITHOUT having to charge a subscription fee. LOL! 

[smoothie]

You are completely blind. That was weekly chart with not yet confirmed figure and 5 target within months

You don't provide targets in your emails at all. You just say buy or sell. When? At what level? What to expect? Only yr ass knows.

And you know what? You trolled out my personal bet. Take it. No matter will I right or not - fuck you.

But I'm sure I am right. I will not share such specifics anymore. Nobody do it.

+1...Hey Cypher looks like you're bringing out the best in everyone eh?  

On Topic: IMHO the price will take a hit once those pre-orders of ASICs hit the market and those people attempt to recoup their hardware cost and turn a profit in the short term and to pay for bills etc. We have been in this "floating" mode price action for months now. TA will just fine tune your entry and exit points.

Lucif keep it coming buddy.

[cypherdoc]

cypher,

1) I dont try to win, I analyze the actual situation based on TA and figures.
2) Trend dont follow you as well as volume. Coz you are blind and ignoring basics of 1st year study of technicial analysis.

The main indicator on this market is volume. Look at graphs and say on which side daily and weekly candles volume?

hey, hey.  no need to get testy.  i was just teasing you and pointing out a couple of things. 

like i told you before, don't make the rookie mistake of focusing on volume so much.

Once again Cypher trolling the bears lol.

Volume isn't the only thing to look at yes but it shouldn't be ignored. Who's to say what "too much" focus on a topic is or isn't? Cypher please stop preaching as if you have the holy grail of flawless trading techniques.

Nothing to see here guys.

Lucif keep it coming, you are doing great. Thanks for the effort and insight sharing WITHOUT having to charge a subscription fee. LOL! 

the only troll around here is you smoothie.  stop trolling ppl just b/c they're trying to run a legitimate business.

[smoothie]

cypher,

1) I dont try to win, I analyze the actual situation based on TA and figures.
2) Trend dont follow you as well as volume. Coz you are blind and ignoring basics of 1st year study of technicial analysis.

The main indicator on this market is volume. Look at graphs and say on which side daily and weekly candles volume?

hey, hey.  no need to get testy.  i was just teasing you and pointing out a couple of things.  

like i told you before, don't make the rookie mistake of focusing on volume so much.

Once again Cypher trolling the bears lol.

Volume isn't the only thing to look at yes but it shouldn't be ignored. Who's to say what "too much" focus on a topic is or isn't? Cypher please stop preaching as if you have the holy grail of flawless trading techniques.

Nothing to see here guys.

Lucif keep it coming, you are doing great. Thanks for the effort and insight sharing WITHOUT having to charge a subscription fee. LOL!  

the only troll around here is you smoothie.  stop trolling ppl just b/c they're trying to run a legitimate business.

Please stay on topic Cypher. You know better than to go off topic. Thanks!  

Off topic (sorry Lucif): My calling things as I see it (about the subscription fee) is my personal perspective. No where today did I mention your name along with the subscription fee. Chill...  

[smoothie]

Lucif what other indicators are you looking to use in your TA? If you prefer not to share, that's cool. No problem.

[lucif]

with such overt manipulation of candle sticks on mtgox, its not exactly an ideal strategy to follow.

Yes. But when I told about green doji I mean nothing will change today. Believe you in candles or not, but too much candles of same color makes probability of next same candle lower.

This makes sense only in such situations - when further short term direction isn't clear enough.

[lucif]

About indicators you can follow myself's topics here. He is good.

[lucif]

From weekly view, the way to 12 looks to be completed in 2-3 candles.

On this way, price will show hard actions once per couple of days with consolidations like now. As I said earlier, we are resting in small triangle, but in very nervous zone.

Volume still keep bears side.

[lucif]

Look how sma10 supported past rally

http://bitcoincharts.com/charts/mtgoxUSD#rg60zigDailyztgSzm1g20za2gSMAzm2g10zxzv

It is now on 1346 and will keep moving down, providing resistance.

I don't believe it will be broken to upside in near future.

[lucif]

IFT is in hard bear zone now signaling about rally end.

[lucif]

This is the last time I analyzing very short term so deep I hope. But just to show people the power of deep TA, since cypher trolled me out

Textbook target of current very short term bear pennant is 12.39