sir faps
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Activity: 91
Merit: 10
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December 27, 2013, 02:05:19 AM |
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Sharpening your knife for the slaughter? |
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"There should not be any signed int. If you've found a signed int
somewhere, please tell me (within the next 25 years please) and I'll
change it to unsigned int." -- Satoshi
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OldGeek
Sr. Member
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 27, 2013, 02:08:43 AM |
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Incoming!
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thefunkybits
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Activity: 1218
Merit: 1000
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December 27, 2013, 02:12:04 AM |
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Which StochRSI do you guys watch? I would think 1 hr. to 1 day would be accurate but they are all over the place!
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 27, 2013, 02:13:40 AM |
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kinfe time
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Walsoraj
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December 27, 2013, 02:14:18 AM |
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Which StochRSI do you guys watch? I would think 1 hr. to 1 day would be accurate but they are all over the place!
We don't. Most of us prefer to trade on raw emotion. |
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Odalv
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Activity: 1400
Merit: 1000
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December 27, 2013, 02:17:35 AM |
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OldGeek
Sr. Member
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 27, 2013, 02:22:07 AM |
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I gave up serious consideration of the stochRSI after the indicator on 12-1 said that it was a good time to buy when the price on Stamp was 1000.
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Amechan
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Activity: 105
Merit: 10
Spreading Bitcoin love
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December 27, 2013, 02:26:18 AM |
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Quickly! Panic! There is no time!
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thefunkybits
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Activity: 1218
Merit: 1000
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December 27, 2013, 02:26:54 AM |
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I gave up serious consideration of the stochRSI after the indicator on 12-1 said that it was a good time to buy when the price on Stamp was 1000.
Yeah, I'm more of a MACD guy but I figured there might be something to the Stoch. (speaking of which, 1 Hr. MACD has crossed over hehe) |
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CoinDox
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December 27, 2013, 02:27:19 AM |
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Coming from a seasoned Forex trader and once a firm devotee of technical analysis - it helps you understand what has happened, it does not tell you what will... Can it give you an IDEA of what may happen? Sure, but only if the underlying circumstances are the same as they were the last time the analysis was conducted, which in the dynamic reality is hardly ever.
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el_rlee
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Activity: 1600
Merit: 1014
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December 27, 2013, 02:29:31 AM |
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Does anybody know why btc-e USD disappeared from bitcoincharts.com?
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OldGeek
Sr. Member
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 27, 2013, 02:31:05 AM |
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Does anybody know why btc-e USD disappeared from bitcoincharts.com?
No idea but I noticed yesterday that it was absent. |
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OldGeek
Sr. Member
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Activity: 266
Merit: 250
Blitz:The price affects the perception of the news
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December 27, 2013, 02:32:16 AM |
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Coming from a seasoned Forex trader and once a firm devotee of technical analysis - it helps you understand what has happened, it does not tell you what will... Can it give you an IDEA of what may happen? Sure, but only if the underlying circumstances are the same as they were the last time the analysis was conducted, which in the dynamic reality is hardly ever.
You can say that about all TA and not be wrong. |
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btcprice
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December 27, 2013, 02:39:05 AM |
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Coming from a seasoned Forex trader and once a firm devotee of technical analysis - it helps you understand what has happened, it does not tell you what will... Can it give you an IDEA of what may happen? Sure, but only if the underlying circumstances are the same as they were the last time the analysis was conducted, which in the dynamic reality is hardly ever.
I couldn't have said it better. Thank you for bringing some sense to the conversation. |
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aminorex
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Activity: 1596
Merit: 1029
Sine secretum non libertas
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December 27, 2013, 02:44:09 AM |
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oh my goodness. it's dick cheney's ecg on btc-e. that's not a good omen.
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Goose7
Newbie
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Activity: 9
Merit: 0
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December 27, 2013, 02:55:01 AM |
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Which StochRSI do you guys watch? I would think 1 hr. to 1 day would be accurate but they are all over the place!
We don't. Most of us prefer to trade on raw emotion.  |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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December 27, 2013, 03:27:13 AM |
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lol cool image if only we could post gifs we'd be at 10,000$ by now, alas we can no longer post gifs so its down to 521.10001CAD we go, oh well. |
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TERA
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December 27, 2013, 03:31:21 AM |
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Everyone trust your money to Houbi's "fire currency platform"  |
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thefunkybits
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Activity: 1218
Merit: 1000
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December 27, 2013, 03:34:24 AM |
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I have a theory that most of the traders holding short positions have been squeezed and bought back in already (most of it panic buying yesterday and today). This alleviates some buying pressure and leaves only new money to do the buying. With the weekend we should see a nice dip, but is this the end of a bulltrap or the start of a new trend?
Hmmmm
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