Dargo
Legendary
 Offline
Activity: 1820
Merit: 1000
|
 |
March 20, 2013, 05:12:23 PM |
|
but no need to be snippy about it.
i am not I misunderstood - thanks for the book recommendation then. |
|
|
|
|
myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
|
|
March 20, 2013, 05:17:07 PM |
|
but no need to be snippy about it.
i am not I misunderstood - thanks for the book recommendation then. also u can take a look at this https://community.bitfinex.com/showthread.php/98-Myself-Scalping-Strategy  |
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.
|
|
|
|
robocoin
|
|
March 20, 2013, 05:45:43 PM |
|
Market can not just grow and grow. Even Ponzi. Drammatic rise = drammatic fall. Slow rise = slow fall.
lucif, oh lucif, gimme hope. |
|
|
|
|
samson
Legendary
Offline
Activity: 2097
Merit: 1070
|
|
March 21, 2013, 12:18:31 AM |
|
Possible head and shoulders 'top' formation ? |
|
|
|
|
Odalv
Legendary
Offline
Activity: 1414
Merit: 1000
|
|
March 21, 2013, 12:27:40 AM |
|
Market can not just grow and grow. Even Ponzi. Drammatic rise = drammatic fall. Slow rise = slow fall.
But there is(was) not similar market as Bitcoin. Bitcoin is revolution. (not slow evolution, just as Apple, Facebook ... stock) What do you mean ? |
|
|
|
|
Dargo
Legendary
Offline
Activity: 1820
Merit: 1000
|
|
March 21, 2013, 12:45:57 AM |
|
Wave 5 probably go above 100.
Whoa, missed that comment before... |
|
|
|
|
myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
|
|
March 21, 2013, 02:05:17 AM |
|
Possible head and shoulders 'top' formation ? wait for confirmation  |
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.
|
|
|
RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
|
|
March 21, 2013, 02:07:03 AM |
|
Possible head and shoulders 'top' formation ? It's difficult to make anything from such a short time period, but it does look like one forming. I would bet more on a small scale correction rather than reversal. |
|
|
|
BitPirate
Full Member
Offline
Activity: 238
Merit: 100
RMBTB.com: The secure BTC:CNY exchange. 0% fee!
|
|
March 21, 2013, 03:28:16 AM |
|
Possible head and shoulders 'top' formation ? It's difficult to make anything from such a short time period, but it does look like one forming. I would bet more on a small scale correction rather than reversal. I hope so... my "buy" finger is itchy. |
|
|
|
nanopene
Newbie
Offline
Activity: 49
Merit: 0
|
|
March 21, 2013, 07:28:17 AM |
|
That's okay, its free. I don't expect him to be right, no one can be expected of that. I use his analysis to provide a second perspective and to see if I've missed anything. Besides, I haven't seen anyone else posting anything... ah well  I use his technical analysis to do exactly the opposite of what he recommends. He has a knack of being consistently wrong, and I am reaping profits from it lol |
|
|
|
|
samson
Legendary
Offline
Activity: 2097
Merit: 1070
|
|
March 21, 2013, 08:50:48 AM |
|
wait for confirmation The pattern started to break before the end of the second shoulder then I went to sleep and it appears to have recovered and right now we're only a few BTC away from another ATH over $66. I'm coming to believe that the only real option is to hold long term and just wait and see what happens. |
|
|
|
|
myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
|
|
March 21, 2013, 08:59:56 AM |
|
I'm coming to believe that the only real option is to hold long term and just wait and see what happens.
there is allot of trades u can do on simple dont go against the trend sell at daily R3 R 4 buy at daily R1-PP kinda does the trick |
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.
|
|
|
lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
|
|
March 21, 2013, 05:18:55 PM |
|
Local short-term top imho. Otherwise I missed 3/4 with 1/2 and some more upside comming.  Yeah, this wave should be something...  |
|
|
|
|
lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
|
|
March 21, 2013, 05:28:15 PM |
|
But this is run out of standard deviations, so i think its a local top  |
|
|
|
|
BrightAnarchist
Donator
Legendary
Offline
Activity: 853
Merit: 1000
|
|
March 21, 2013, 10:05:12 PM |
|
But this is run out of standard deviations, so i think its a local top Cool. This is perfectly in line with where I think stocks are poised, except in their case I think the top is already in as of a few days ago. It's funny how the exact same psychological/sentiment backdrop runs through people in different markets at the same time. Euphoria always gives way to fear... |
|
|
|
|
myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
|
|
March 21, 2013, 10:08:30 PM |
|
It's funny how the exact same psychological/sentiment backdrop runs through people in different markets at the same time. Euphoria always gives way to fear...
note that there can be one more spike on the SP500 just to test the ATH but any drop below 1535 can be a good confirmation for shorts http://www.sierrachart.com/image.php?l=1363903724693.png |
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.
|
|
|
BrightAnarchist
Donator
Legendary
Offline
Activity: 853
Merit: 1000
|
|
March 21, 2013, 10:27:29 PM |
|
It's funny how the exact same psychological/sentiment backdrop runs through people in different markets at the same time. Euphoria always gives way to fear...
note that there can be one more spike on the SP500 just to test the ATH but any drop below 1535 can be a good confirmation for shorts http://www.sierrachart.com/image.php?l=1363903724693.pngAgreed. Right now most wavers I've asked say it still looks like a small fourth wave that may give way to another ATH, but in that case we're still very close to a major top. Obviously I'm leaning towards the interpreting that the top is already in, but the next week or two and the market should yield its hand. |
|
|
|
|
myself
Legendary
Offline
Activity: 938
Merit: 1000
chaos is fun...…damental :)
|
|
March 21, 2013, 10:30:19 PM |
|
It's funny how the exact same psychological/sentiment backdrop runs through people in different markets at the same time. Euphoria always gives way to fear...
note that there can be one more spike on the SP500 just to test the ATH but any drop below 1535 can be a good confirmation for shorts http://www.sierrachart.com/image.php?l=1363903724693.pngAgreed. Right now most wavers I've asked say it still looks like a small fourth wave that may give way to another ATH, but in that case we're still very close to a major top. Obviously I'm leaning towards the interpreting that the top is already in, but the next week or two and the market should yield its hand. check this http://www.marketwatch.com/Economy-Politics/Calendars/Economic for risk events |
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.
|
|
|
|
|
BrightAnarchist
Donator
Legendary
Offline
Activity: 853
Merit: 1000
|
|
March 22, 2013, 12:51:17 PM
Last edit: March 22, 2013, 01:05:37 PM by BrightAnarchist |
|
Litecoin clearly topped on the 20th, and has been crashing. In fact, all the alt coins seem to have followed the same script. I think this is important - it means the speculative juices have maxxed out on those markets. Bitcoin is bigger and taking longer, but I fail to see why it won't eventually follow suit.
Another interesting thing that I've noticed is this tendency for people to claim that "bitcoin does well when bad things happen in the world". This same argument has been used for gold. And yet, so far, the charts tell the opposite story: bitcoin does well when stocks and general financial speculation are high (such as the high in 2011, which perfectly matched the high in the US small caps/large caps ratio), and goes down when speculative fever does. So far when the economy worsens, people want cash, and not gold or bitcoins.
Things could change for sure, but I'm just pointing out the hard, cold evidence thus far doesn't match the kinds of fundamental arguments I'm hearing based on past market activity. They sure sound good and logical on paper though, I won't argue with that
|
|
|
|
|
|
