Lose all your capital fast, with MatTheCat and his TA 101A!

[r0ach]

Have just taken a pop at $575......

I would gladly see Bitcoin go to $0 and lose all my money as long as Mat took an all-in long first just to see what he typed after it happened or if Bitfinex would be blamed in some type of way.

[MatTheCat]

I think I am just going to stop posting actual trades here.....the success rate versus trades that I keep 'private' is fucking shocking....got to be something in it.

[Miz4r]

I think I am just going to stop posting actual trades here.....the success rate versus trades that I keep 'private' is fucking shocking....got to be something in it.

Looks like both our longs are doing pretty well now, I have closed half of it in the jump to $634 and now just letting it ride for a while.

[MatTheCat]

I think I am just going to stop posting actual trades here.....the success rate versus trades that I keep 'private' is fucking shocking....got to be something in it.

Looks like both our longs are doing pretty well now, I have closed half of it in the jump to $634 and now just letting it ride for a while.

Ha Ha!

Not mine....

I was away out for the day, decided that I didn't like my trade, and decided to exit it on the next test of the highs, thus:



Retard....I do this ALL THE FUCKING TIME!

[Ted E. Bare]

My feline friend, I advised you to buy and hold at 600 bucks. You suck big time.

[siameze]

MOONTIME.
Is everyone prepared and wearing their moonboots.

$1000 is next. Before the halving!

[Hyperjacked]

Have just taken a pop at $575......

I would gladly see Bitcoin go to $0 and lose all my money as long as Mat took an all-in long first just to see what he typed after it happened or if Bitfinex would be blamed in some type of way.

Nice...agreed 

[siameze]

Have just taken a pop at $575......

I would gladly see Bitcoin go to $0 and lose all my money as long as Mat took an all-in long first just to see what he typed after it happened or if Bitfinex would be blamed in some type of way.

Nice...agreed 

You guys are sick! 

[MatTheCat]

My feline friend, I advised you to buy and hold at 600 bucks. You suck big time.

I am not interested in holding a big pile of vapour, that I paid $600 per piece for.

[r0ach]

I do this ALL THE FUCKING TIME!

I wrote a song about today's market.  Wanna hear it, Here it goes.  It's called:  

Outtraded by the r0ach again:

The cat joins the exchange
And quickly he's subdued
Through constant stop loss hunts
The young boy learns their rules

With time the cat draws in
This whipping cat done wrong
Deprived of all his coins
The young cat struggles on and on he's known
A vow unto his own
That never from this day
Bitfinex would take away his coins easy

Last trades:

Selling:



Rebuying the dip:



This might have been a good long to hold but I just let it go for the scalp because I've been up like 48 hours and can't be assed dealing with babysitting a bunch of longs.  There's a perfect cup and handle setup, so if you've actually slept in the last week, it might be a good entry somewhere around here with a stop loss if you want to roll the dice on getting near term Brexit chaos gains:

[MatTheCat]

I wrote a song about today's market.  Wanna hear it, Here it goes.  It's called:  

Outtraded by the r0ach again:

The cat joins the exchange
And quickly he's subdued
Through constant stop loss hunts
The young boy learns their rules

With time the cat draws in
This whipping cat done wrong
Deprived of all his coins
The young cat struggles on and on he's known
A vow unto his own
That never from this day
Bitfinex would take away his coins easy

Hooray for you once again r0ach..u da best!  


Despite my usual follies, I still managed to get a small slice of the upside:

[r0ach]

No reverse indicator?

[MatTheCat]

No reverse indicator?

Ok sweetcheeks, just for you....here is the latest:

[r0ach]

No reverse indicator?

Ok sweetcheeks, just for you....here is the latest:

[MatTheCat]

Despite the fact that Bitcoin has basically bounced 60% from it's drop, without so much as looking back (for me, yet more signs of how rigged this market is), it is looking like they are gonna ramp Bitcoin even more.




Given how hard and fast Bitcoin has bounced, this is a dangerous long trade, and only to be entered into upon confirmation of break up. LTFs are already looking bullish, and HTFs are still of course in a bullish territory. So 'IF' Bitcoin breaks up, then it will just be bull city imo:




Update: Break out up the way not looking very likely at all here....will keep my eye on it....if it breaks up, then I will hit the trade, if it breaks down, then I don't have any bearish setups prepated in my head atm.

[Bavaria]

Mat BTC has recently confirmed double bottom which must logically generate uptrend, don`t you agree? 

[MatTheCat]

Mat BTC has recently confirmed double bottom which must logically generate uptrend, don`t you agree?  

On the 15 minute - 60 minute time frame, sure, the double bottom is there, I was counting on the bounce, and despite my usual pissing all over my feet and inability to leave winning trades alone, I did manage to catch some of the upside. However, I am very surprised by how hard, fast, and direct, this has bounced. If you go much beyond the 60 minute charts, then there wasn't a double bottom at all, but great big V-Bottom, which generally (although by no means always), the market is going to want to test. Just look at Bitcoin's history on higher time frames and show me a single time where a V bottom was not tested at some point down the line.

....although I am currently eyeing up a long continuation trade, which is starting to look more and more unlikely to matrialise, my instinct is that $555, wasn't the ultimate low of the post pump correction. But that is just my opinion. Sometimes I am right, sometimes I am wrong and is still way to early to say that based purely on the charts.

[r0ach]

it is looking like they are gonna ramp Bitcoin even more.

And of course seconds after you post that, the market dumps.

This was probably the reason though and not the Chinese:

https://bitcointalk.org/index.php?topic=1413819.msg15362332#msg15362332

[MatTheCat]

And of course seconds after you post that, the market dumps.

This was probably the reason though and not the Chinese:

https://bitcointalk.org/index.php?topic=1413819.msg15362332#msg15362332

Fuck off, twat....don't go quoting me out of context when there is clear evidence of what I was thinking just a couple of posts above.

I never took the long trade, because my long trade parameters were not met.

• The trade entry point was not triggered.
  
• The LTF MAs were bearish when the break out attempt (or rather, the FU move), occurred.

As the time approached for the pennant to resolved. I did state above, that bullish resolution was looking increasingly less likely.

[r0ach]

Mat, settle down.  I'm not here to take your Bitcoins.  We have to log on BitFinex and do battle on the orderbooks first.  That is, unless you stopped using BitFinex and use an even more shady site like 1Broker or SimpleFX now...