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Author Topic: Analysis  (Read 941374 times)
Ivanhoe
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January 01, 2015, 11:32:39 PM
 #2301

Did masterluc say he would be away from the thread for Christmas?
If he said that then i am sure he meant the christian-orthodox Christmas, since he is russian, which we celebrate at 7 January.
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masterluc (OP)
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January 03, 2015, 08:21:52 PM
 #2302

As for roubles - I don't have them as I am not Russian.

As for my dissapear - I was almost dead boring waiting 1 year wedge to complete (or failure). Still boring.

podyx
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January 03, 2015, 08:26:39 PM
 #2303

As for roubles - I don't have them as I am not Russian.

As for my dissapear - I was almost dead boring waiting 1 year wedge to complete (or failure). Still boring.

What's your opinion on the market now?
masterluc (OP)
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January 03, 2015, 08:29:23 PM
 #2304

As for roubles - I don't have them as I am not Russian.

As for my dissapear - I was almost dead boring waiting 1 year wedge to complete (or failure). Still boring.

What's your opinion on the market now?
unchanged. Tracing out giant triple zigzag bullish wedge since ATH.

RyNinDaCleM
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January 03, 2015, 08:34:35 PM
 #2305

As for roubles - I don't have them as I am not Russian.

As for my dissapear - I was almost dead boring waiting 1 year wedge to complete (or failure). Still boring.

What's your opinion on the market now?
unchanged. Tracing out giant triple zigzag bullish wedge since ATH.

What are you saying? Another 6-8 months of this boredom to complete the Xx and final zigzag?

Pattart
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January 03, 2015, 08:35:36 PM
 #2306

What would be a good price to start buying back in at if it  goes down that far?
masterluc (OP)
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January 03, 2015, 08:36:11 PM
 #2307


What are you saying? Another 6-8 months of this boredom to complete the Xx and final zigzag?
In my opinion we are in "z"

Gunfight and arty makes some difficulties with Internet and analysis hehe

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January 03, 2015, 08:50:08 PM
 #2308


What are you saying? Another 6-8 months of this boredom to complete the Xx and final zigzag?
In my opinion we are in "z"

Gunfight and arty makes some difficulties with Internet and analysis hehe

I'm not familiar with the XYWZ notation in EW, so I searched an image for better understanding. Is this the Z that you mean?
I market my opinion on the current market position with a light purple cross. Would that be correct, or should it be lower?


Sometimes, if it looks too bullish, it's actually bearish
RyNinDaCleM
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January 03, 2015, 10:03:17 PM
 #2309


What are you saying? Another 6-8 months of this boredom to complete the Xx and final zigzag?
In my opinion we are in "z"

Gunfight and arty makes some difficulties with Internet and analysis hehe

I'm not familiar with the XYWZ notation in EW, so I searched an image for better understanding. Is this the Z that you mean?
I market my opinion on the current market position with a light purple cross. Would that be correct, or should it be lower?



Well, that's a triple zigzag of triple zigzags but that's the gist, yes.

thefiniteidea
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January 04, 2015, 04:15:17 PM
 #2310

You guys remember this chart I posted a week ago?


A bit of nasty speculation for you all...

Bitcoin hits $200 in January  Wink




Here's an updated version as of Jan 4th...





I'd say, we should be stopping at $260 for a time, with support here, until further declining to $200.
masterluc (OP)
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January 04, 2015, 07:17:54 PM
 #2311

* masterluc buying frenzy  Grin



podyx
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January 04, 2015, 07:21:11 PM
 #2312

* masterluc buying frenzy  Grin

img]http://www.sierrachart.com/image.php?l=142039917830.png[/img]


Xiaoxiao
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January 04, 2015, 07:40:26 PM
 #2313

* masterluc buying frenzy  Grin




Luc, what do you think about the analysis right above your post?
masterluc (OP)
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January 04, 2015, 07:59:51 PM
 #2314

Luc, what do you think about the analysis right above your post?
Price can throw over the wedge resistance/support line shortly at the end (bearish wedge on example, flip image upside down)


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January 04, 2015, 08:23:45 PM
 #2315

* masterluc buying frenzy  Grin




Does this chart mean you expect the price to sink lower to between 200 and 250 over the next week or two? Or is the bottom in?
podyx
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January 04, 2015, 08:57:28 PM
 #2316

Luc, what do you think about the analysis right above your post?
Price can throw over the wedge resistance/support line shortly at the end (bearish wedge on example, flip image upside down)



Meaning a bounce to $350-400 and then back down to $200?

The TA Xiao was referrering to was one that predicted price to effectively drop down to 200 levels so I don't see how your post relate to it.
RyNinDaCleM
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January 04, 2015, 09:15:11 PM
 #2317

Luc, what do you think about the analysis right above your post?
Price can throw over the wedge resistance/support line shortly at the end (bearish wedge on example, flip image upside down)



Meaning a bounce to $350-400 and then back down to $200?

The TA Xiao was referrering to was one that predicted price to effectively drop down to 200 levels so I don't see how your post relate to it.


That is the throw-over Luc is talking about. Throw-over of a diagonal allows for such a movement as down to $200 for a quick stab. He said to flip the picture.


Throw-over is the same as a false break of the trend line. Traders will short on the break, the price will reverse and the short squeeze will be in the making

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January 04, 2015, 09:51:13 PM
 #2318

Awesome TA masterluc! And nice clarification there RyNinDaCleM...
molecular
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January 04, 2015, 10:01:54 PM
 #2319

Awesome TA masterluc! And nice clarification there RyNinDaCleM...

yep. This wehre lucs above pix come from: http://thepatternsite.com/EWDiagTriangle.html

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podyx
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January 04, 2015, 10:04:48 PM
 #2320


That is the throw-over Luc is talking about. Throw-over of a diagonal allows for such a movement as down to $200 for a quick stab. He said to flip the picture.
img]https://i.imgur.com/Q1y24wI.png[/img]

Throw-over is the same as a false break of the trend line. Traders will short on the break, the price will reverse and the short squeeze will be in the making

I see, thanks Cheesy
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