Thanasis Collection Pack

[Thanasis]

I have gathered here current status of our strategy.

As you can see there are 2 short term trend lines. The red Downtrend Line and the green Uptrend Line.

Normally for a bullish trend the prices must be simultaneously above both, the red Downtrend Line and the green Uptrend Line (I region).

Similarly, normally for a bearish trend the prices must be simultaneously bellow both, the red Downtrend Line and the green Uptrend Line (III region).

So:

1) As long as the prices stay at the (I Region) we must be in fiat.

2) As long as the prices (breaking upwards the red Downtrend Line) will found in the (II region), we consider the case to BUY with a portion of our capital.

3) As long as the prices (breaking upwards and the green Uptrend Line) will found in the (I region), we consider the case to BUY the rest portion of our capital.

[Thanasis]

In this day chart you can see that:

Everytime the prices had broken the current red Downtrend Line then afterwards they had a significant anode.

[Thanasis]

As you can see, this 10 days period the traders compete with the traders of the 10 days period between 5 March and 15 March of the same year.

As you can also see, the volumes in these two 10 days period are the same, so there is not at this moment a clear indication of what will follow.

[Thanasis]

In this 1h chart you can see a simple but very effective trading mechanism for the short term manual traders.

1) Stay in fiat as long as the prices are below the red Downtrend Line.

2) BUY if the prices will break upwards the red Downtrend Line.



https://cryptotrader.org/topics/913623/thanasis-collection-pack

[Thanasis]

In this chart you can see the big anode that has begun from May 25.

This is the last part of the chart, with prices above the green Uptrend Line.

It had follow the first part of the chart, with prices below the red Downtrend Line.

Now, as the prices are approaching the green Uptrend Line it will be judged if this anode will be terminated (if the prices will be break downtrend the green Uptrend Line) or it will be continued (if the prices will be reflected upwards the green Uptrend Line).

This judging point will be critical for the behaviour of the prices for a month or so.



https://cryptotrader.org/topics/913623/thanasis-collection-pack

[Thanasis]

In the above chart i have I have designed the bunch of the Support Lines under the current level of prices.

For some strange reason all of them are equidistant between each other at 38 points !!!

This stable prediction rule is something that it is not normal in the developed markets (like the Dow stock market or the USD/EUR Forex market).

So, this is a very simple proof that the BTC market is still very unmarurated and very easy for somebody to trade profitably and without many risk in manual or in a bot manner.



https://cryptotrader.org/topics/913623/thanasis-collection-pack

[Thanasis]

Living in Greece, Summer 2014


http://www.youtube.com/watch?v=YpKlUIDf4oY

[Thanasis]

This downtrends breakage of the long term green uptrend line is definitely a negative sign for the short term future.

[Thanasis]

Would you like a free trading bot for the Huobi exchange ?

Please visit:

https://cryptotrader.org/topics/913623/thanasis-collection-pack

[Thanasis]

Now we live in a period of narrow Bollinger Bands.

You must note that technically, every time we have a period with narrow Bollinger Bands then this period is followed by and extreme move up or down.

This happened in the November 2013 and May 2014 which were both in up direction.

[Thanasis]

This is the first time that the prices have broken downwards a long term trend line (starting from Apr 15 !!!).

Technically this normally means an expected fall.

Users must take care about a possible "pullback", which means a a trap inverse movement up to the trend line which may entrap many users buying when they had not.

[Thanasis]

As long as the prices are below of the red Downtrend Line, maybe it is not worth to BUY.

[zzzman20]

It looks like we are breaking through the red line right now, would you agree Thanasis?

[whiskey]

how much did you earn with this bot Thanasis? would you recommend using it for small amounts? ( < 0.05 BTC)

[Thanasis]

As my real job is an officer in an big investment bank, i have some decades experience with automated trading bots.

This bot comparing to my other bots and to other bots of the market, adjusted every time to the specific market it concerns had overall the best profitability.

Theoretically it is good for any balance of trading amount, even the very small. But of course not smaller than the fees of the exchange.

[Thanasis]

You can see that we had here a fault breakage of the red Downtrend Line.

Normally It is not a good sign

[Thanasis]

In this daily chart i have marked 2 periods that are unique in the sense that they seem to be exactly the same during the last year.

The first of them was about the middle of May 2014 and the second is now.

Both of them are characterized with low volatility.

Normally a period with very low volatility is followed by an extreme movement.

[Thanasis]

As long as the prices are below the red Downtrend Line, the market is very weak.

[Thanasis]

As i have told 2 post above : "a period with very low volatility is followed by an extreme movement".

Today with this violent fall you can see what i meant saying that.

[Thanasis]

In short, this is what has been happened.