Jozzaboy
Member
 Offline
Activity: 98
Merit: 10
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July 04, 2013, 10:23:05 AM |
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The more traps the better. I can multiply my holdings. This is an excellent example right..... now.
How do you identify a bear trap though? The market can go either way for a variety of reasons. Are you just guessing based on experience and a gut feeling? Nope, I meant to write bull trap. That's how inexperienced I am.  |
BTC: 16whd9eNR8WY9nVhUUevNYMbQB2eS1jtYF I also accept precious metals, no paper money please. |
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siulynot
Legendary
Offline
Activity: 1274
Merit: 1000
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July 04, 2013, 12:12:07 PM |
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I think that by january 2014 we will be seeing a higher highs higher lows pattern again. Ill just short the way down for now :p
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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July 05, 2013, 06:35:51 PM |
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Short buy everything below $70.
Daily sma 200 should rebound.
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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July 05, 2013, 06:37:12 PM |
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RyNinDaCleM
Legendary
Offline
Activity: 2408
Merit: 1009
Legen -wait for it- dary
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July 05, 2013, 06:46:27 PM |
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Short buy everything below $70.
Daily sma 200 should rebound.
Conflicting_arguments_brain_hurts  |
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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July 05, 2013, 06:47:28 PM |
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I call it short buy, because I short USD.
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 05, 2013, 06:51:43 PM |
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I call it short buy, because I short USD.
Indeed. But, you go first! |
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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July 05, 2013, 06:53:48 PM |
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I always first hehe
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 05, 2013, 06:55:34 PM |
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Well gox is still dropping so you pulled the trigger early.
Good luck though.
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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July 05, 2013, 07:26:06 PM |
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Geez, I'm not buying till the high $50s because I believe any bounce before that is not worth the risk, thus Im more bearish than lucif? Wow, thats news  |
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thefiniteidea
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July 05, 2013, 07:26:51 PM |
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Lucif will be proven right. Buy now, sell at $90-$100.  |
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meh32123
Member
Offline
Activity: 111
Merit: 10
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July 05, 2013, 07:27:54 PM |
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Buying at around $45 i reckon.
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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July 05, 2013, 07:29:48 PM |
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You see, nobody believes me. Hehe. But I don't care.
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ft73
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July 05, 2013, 07:32:03 PM |
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You see, nobody believes me. Hehe. But I don't care.
Now i will, let's see. Buying @65 |
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siulynot
Legendary
Offline
Activity: 1274
Merit: 1000
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July 05, 2013, 07:53:18 PM |
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You see, nobody believes me. Hehe. But I don't care.
LUCIf, i believe you I closed my short at $64 and now im buying slowly. If day closes above 200sma daily, then ill buy more. |
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lucif (OP)
Sr. Member
Offline
Activity: 462
Merit: 250
Clown prophet
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July 05, 2013, 07:54:14 PM |
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:cool: I share this because really nobody take me seriously  Otherwise it will not work. R73: target is around weekly 20 sma (currently running near 100) in around two weeks. |
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Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
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July 05, 2013, 08:08:29 PM |
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Trying my luck as well @67
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ft73
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July 05, 2013, 08:11:44 PM |
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:cool: I share this because really nobody take me seriously Otherwise it will not work. R73: target is around weekly 20 sma (currently running near 100) in around two weeks. Chart? |
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ElectricMucus
Legendary
Offline
Activity: 1666
Merit: 1057
Marketing manager - GO MP
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July 05, 2013, 08:39:47 PM |
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Nice call lucif
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Rampion
Legendary
Offline
Activity: 1148
Merit: 1018
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July 05, 2013, 08:41:55 PM |
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Nice call lucif
Just because I wanted to play lucif's game for fun I followed his advice and bought at $68ish with 5% of my stash, don't know if I'm going to hold it two weeks like he said EDIT: anyhow depth is scary, look how thin are the bids  |
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