|
|
|
|
|
If you want to be a moderator, report many posts with accuracy. You will be noticed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
adamstgBit
Legendary
 Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
 |
May 27, 2016, 06:33:25 PM |
|
nice one mat.
what trade will you think of next, i can wait to see.
|
|
|
|
r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
|
|
May 27, 2016, 07:16:25 PM |
|
|
|
|
|
|
darlidada
|
|
May 27, 2016, 07:30:37 PM
Last edit: May 27, 2016, 11:23:52 PM by darlidada |
|
you are like george in seinfeld! just do the opposite! (the opposite is the name of an episode, you should watch it! superfunny
ps: just finished reading the whole thread, i learned a lot, thx guys
|
|
|
|
|
|
MatTheCat (OP)
|
|
May 27, 2016, 08:39:10 PM |
|
nice one mat.
what trade will you think of next, i can wait to see.
You may be alarmed to learn, that my bias has now switched to bullish....but I aint buying up here. Will buy blind on 61.8% retrace, failing that, any kind of retrace followed by bullish market structure..... .....btw....I did only lose $46 on my last trade.....sure, had I stuck to plan, then it would have been more like $400, but truth is, I wasn't liking the trade for the whole day that I made it, and had readjusted my target to scratch (inc fees). The fact that all I was looking for was a fkn $2 move down from my entry, and Bitcoin really wasn't wanting to give me it, set alarm bells off and as it happens, I exited the trade literally seconds before the pump kicked off. |
|
|
|
r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
|
|
May 27, 2016, 09:46:33 PM |
|
You may be alarmed to learn, that my bias has now switched to bullish....
Relevant Mat quote generator activated: I am hoping to walk away with other players money.
The majority who invest money in a vacuos asset like Bitcoin are certain to lose
So my plan is to look for long setups
|
|
|
|
r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
|
|
May 28, 2016, 03:01:44 AM |
|
We need a Mat update. What strategy are we using to set money on fire today... |
|
|
|
Drgmn
Newbie
Offline
Activity: 29
Merit: 0
|
|
May 28, 2016, 07:40:52 AM |
|
Hey Mat, hows going - still waiting for those 420 $ coins now?  |
|
|
|
|
|
MatTheCat (OP)
|
|
May 28, 2016, 02:12:06 PM |
|
We need a Mat update. What strategy are we using to set money on fire today... Too busy atm to post here.... In and out of trades on 5 min charts......BTC far too overextended and volatile.... ....took a decent chunk of the upside action last night, and other than than that, taking scalp trades.....another trade target is looming actually as a I type......a good few of these should make up for missing out like 60% of this pump (and even looking to go short at the bottom of it) |
|
|
|
notme
Legendary
Offline
Activity: 1904
Merit: 1002
|
|
May 28, 2016, 02:14:21 PM |
|
We need a Mat update. What strategy are we using to set money on fire today... Too busy atm to post here.... In and out of trades on 5 min charts......BTC far too overextended and volatile.... ....took a decent chunk of the upside action last night, and other than than that, taking scalp trades.....another trade target is looming actually as a I type......a good few of these should make up for missing out like 60% of this pump (and even looking to go short at the bottom of it) That's the Cat we all know and love. |
|
|
|
|
darlidada
|
|
May 28, 2016, 05:30:35 PM |
|
We need a Mat update. What strategy are we using to set money on fire today... Too busy atm to post here.... In and out of trades on 5 min charts......BTC far too overextended and volatile.... ....took a decent chunk of the upside action last night, and other than than that, taking scalp trades.....another trade target is looming actually as a I type......a good few of these should make up for missing out like 60% of this pump (and even looking to go short at the bottom of it) I think you have a problematic relationship with the bitcoin. I think it makes you angry and prevents you to make good trades. You should make peace with it and you'll start to make profits. Also, I dont understand why you are trading BTC right now, you should just do as r0ach mentioned : you find a position where you can take an assymmetric trade and you leverage it x20 and then you go play the drums or you gamble on the alts, which are a lot more volatile, so you can increase your stack! and read r0ach posts again! sometimes they make you angry but afterwards they make you money  |
|
|
|
|
spazzdla
Legendary
Offline
Activity: 1722
Merit: 1000
|
|
May 28, 2016, 05:31:03 PM |
|
Jack the top line up to around 508-515. We have longer till break out, if break out. One more down IMO.
|
|
|
|
|
|
MatTheCat (OP)
|
|
May 28, 2016, 08:42:40 PM |
|
 That was that bloody quick, that I have taken a bunch of profits already. |
|
|
|
|
MatTheCat (OP)
|
|
May 28, 2016, 08:52:43 PM |
|
Kerrching!  And Out! |
|
|
|
talkingleaves
Member
Offline
Activity: 106
Merit: 10
|
|
May 28, 2016, 09:01:36 PM |
|
what did i miss? did mat short at $450?
|
|
|
|
|
|
MatTheCat (OP)
|
|
May 28, 2016, 09:11:05 PM |
|
Whole bunch of people gonna get wrecked!  (Not me of course!) |
|
|
|
Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
|
|
May 28, 2016, 09:23:16 PM |
|
I have placed limit shorts from 550$ to 565$, now I am afraid the piglets on BFX are going to miss them...  |
Sometimes, if it looks too bullish, it's actually bearish
|
|
|
|
MatTheCat (OP)
|
|
May 28, 2016, 09:28:52 PM |
|
I have placed limit shorts from 550$ to 565$, now I am afraid the piglets on BFX are going to miss them...  eek! Sure, we are in ridiculous nosebleed territory....but I wouldn't be placing any fucking limit shorts anywhere right now! Almost asking for as much trouble as going all in long with a market order right about now. |
|
|
|
r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
|
|
May 28, 2016, 09:35:36 PM |
|
Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent. |
|
|
|
|
