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Author Topic: Wednesday is RALLY day!!!  (Read 7518 times)
GeniuSxBoY
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July 21, 2011, 09:23:56 PM
 #41

If you guys don't know me by now, take the opposite of whatever I say and everything will come true.
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July 21, 2011, 09:26:26 PM
 #42

If you guys don't know me by now, take the opposite of whatever I say and everything will come true.

Then, could you please start predicting gloom and doom? I bought in at 14.5, dammit.

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GeniuSxBoY
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July 21, 2011, 09:31:31 PM
 #43

Just want till Euro transfers are unfrozen.... we'll have a huge run from mt gox.


Liberty reserve can't keep up with all the withdraws already. That means a LOT more money is leaving mt gox than coming in.
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July 21, 2011, 09:36:05 PM
 #44

If you guys don't know me by now, take the opposite of whatever I say and everything will come true.

Just want till Euro transfers are unfrozen.... we'll have a huge run from mt gox.


Liberty reserve can't keep up with all the withdraws already. That means a LOT more money is leaving mt gox than coming in.

Wait, so DON'T wait till the Euro transfers are unfrozen... and Liberty Reserve CAN keep up?

I'm so confused.  Grin

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July 21, 2011, 09:36:41 PM
 #45

If you guys don't know me by now, take the opposite of whatever I say and everything will come true.

Yea so what's your prediction for the next few days?  Grin

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July 21, 2011, 09:44:02 PM
 #46

no real gains made this week...time to sell off some positions if you can (to buy back in on the weekend slump)....my guess is that we will see low 12's (the failure to break back into 14's for any major amount of time has me worried) if not high 11's. definately feeling bearish in the short term.....

then again, this is just wild speculation, so who knows? thats half the fun  Grin





as for me, i went all in at 13.1 so im holding for now...i dont see a lot of money to be made from my current position (i didnt luck out enough to get free trades from mt gox).
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July 21, 2011, 09:48:58 PM
 #47

Yea the problem lately though is trying to figure out when the weekend actually begins and ends lol

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July 21, 2011, 09:53:33 PM
 #48

no real gains made this week...time to sell off some positions if you can (to buy back in on the weekend slump)....my guess is that we will see low 12's (the failure to break back into 14's for any major amount of time has me worried) if not high 11's. definately feeling bearish in the short term.....

then again, this is just wild speculation, so who knows? thats half the fun  Grin





as for me, i went all in at 13.1 so im holding for now...i dont see a lot of money to be made from my current position (i didnt luck out enough to get free trades from mt gox).


I am starting to see something interesting in the daily model. It seems a bit counter-intuitive, but it looks like the longer that price is held below $14 the likelihood of an extended rally being sparked before the end of August increases.

I'm not worried.  I'll gladly push it back from 14 for a while if it helps to solidify the future rally.

https://www.bitcoin.org/bitcoin.pdf
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July 21, 2011, 09:57:06 PM
 #49

no real gains made this week...time to sell off some positions if you can (to buy back in on the weekend slump)....my guess is that we will see low 12's (the failure to break back into 14's for any major amount of time has me worried) if not high 11's. definately feeling bearish in the short term.....

then again, this is just wild speculation, so who knows? thats half the fun  Grin





as for me, i went all in at 13.1 so im holding for now...i dont see a lot of money to be made from my current position (i didnt luck out enough to get free trades from mt gox).


I am starting to see something interesting in the daily model. It seems a bit counter-intuitive, but it looks like the longer that price is held below $14 the likelihood of an extended rally being sparked before the end of August increases.

I'm not worried.  I'll gladly push it back from 14 for a while if it helps to solidify the future rally.

That's the way. It's all about momentum  Grin

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July 21, 2011, 10:04:03 PM
 #50

no real gains made this week...time to sell off some positions if you can (to buy back in on the weekend slump)....my guess is that we will see low 12's (the failure to break back into 14's for any major amount of time has me worried) if not high 11's. definately feeling bearish in the short term.....

then again, this is just wild speculation, so who knows? thats half the fun  Grin





as for me, i went all in at 13.1 so im holding for now...i dont see a lot of money to be made from my current position (i didnt luck out enough to get free trades from mt gox).


I am starting to see something interesting in the daily model. It seems a bit counter-intuitive, but it looks like the longer that price is held below $14 the likelihood of an extended rally being sparked before the end of August increases.

I'm not worried.  I'll gladly push it back from 14 for a while if it helps to solidify the future rally.

i hope that analysis is right, id love to see a solidly backed rally...





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July 21, 2011, 10:15:26 PM
 #51

It makes sense to me.... For a rally to ignite, there has to be enough people who feel it is undervalued.  If it moves up, it is less likely we will get enough people to form that opinion.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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netrin
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July 21, 2011, 10:34:06 PM
 #52

Haven't you heard? Thursday is the new Wednesday  Cheesy

Parabolic SAR (the dot BELOW the trend) says NOW is the time to BUY...


ADX:22.74, +DI/-DI: increasing, MACD:well... never mind that. Smiley

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July 21, 2011, 10:41:13 PM
 #53

Haven't you heard? Thursday is the new Wednesday  Cheesy

Parabolic SAR (the dot BELOW the trend) says NOW is the time to BUY...


Hourly sar is kinda worthless if we are trying to predict a several day rally.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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July 21, 2011, 10:42:13 PM
 #54



Parabolic SAR (the dot BELOW the trend) says NOW is the time to BUY...


Indeedy. And what a nice change of trend it is to see too before the weekend doldrums. I bought back in an hour ago @ $13.55 Smiley

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July 21, 2011, 10:49:54 PM
 #55

Hourly sar is kinda worthless if we are trying to predict a several day rally.


If you'd missed it, we were swept by a trend!



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July 21, 2011, 10:59:12 PM
 #56



If you'd missed it, we were swept by a trend!




Problem with that graph is the SAR is going in the opposite direction to the SMA lol

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GeniuSxBoY
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July 21, 2011, 11:22:50 PM
 #57

Does campbx opening have anything to do with this decline from mtgox?
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July 21, 2011, 11:55:58 PM
 #58

Yea the problem lately though is trying to figure out when the weekend actually begins and ends lol

The weekend dip is becoming longer.  I suggest we ask Rebecca Black about the weekend and when it starts.  Friday, according to her.

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July 22, 2011, 01:08:45 AM
 #59



Parabolic SAR (the dot BELOW the trend) says NOW is the time to BUY...


Indeedy. And what a nice change of trend it is to see too before the weekend doldrums. I bought back in an hour ago @ $13.55 Smiley

I hope you sold before the HOURLY rally was over.

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
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imperi
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July 22, 2011, 01:08:53 AM
 #60

The weekend dip starts late Wednesday and ends on Tuesday.
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