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Author Topic: major breakout imminent!  (Read 8360 times)
proudhon
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April 18, 2012, 04:30:17 AM
 #41

G'night folks.  See you back under $5 when I wake up.  Ammiright?
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phorensic
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April 18, 2012, 05:18:44 AM
 #42

G'night folks.  See you back under $5 when I wake up.  Ammiright?
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April 18, 2012, 07:27:52 AM
 #43

What kind of Voodoo is this? Shocked
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April 18, 2012, 04:04:38 PM
 #44

I know.  It's staying above $5 for longer than it usually does.  Although it *is* doing a sort of "double-top".  I don't know if double-top is an accepted charting term, but imagine the opposite of when everyone says double-bottom.

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April 18, 2012, 04:09:04 PM
 #45

I know.  It's staying above $5 for longer than it usually does.  Although it *is* doing a sort of "double-top".  I don't know if double-top is an accepted charting term, but imagine the opposite of when everyone says double-bottom.



http://www.financial-spread-betting.com/course/triangles-charting.html

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April 18, 2012, 04:16:01 PM
 #46

I know.  It's staying above $5 for longer than it usually does.  Although it *is* doing a sort of "double-top".  I don't know if double-top is an accepted charting term, but imagine the opposite of when everyone says double-bottom.



http://www.financial-spread-betting.com/course/triangles-charting.html

Care to explain to non-trianglelingulars? Or a hint maybe? Much appreciated.

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April 18, 2012, 04:21:11 PM
 #47

in my mediocre interpretation, this is a bull triangle forming, once it plays out, it should go up..


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April 18, 2012, 04:22:22 PM
 #48

in my mediocre interpretation, this is a bull triangle forming, once it plays out, it should go up..



Thank you man!

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April 18, 2012, 04:23:03 PM
 #49

No promises! Cheesy

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proudhon
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April 18, 2012, 05:48:33 PM
 #50

No promises! Cheesy

That's important because there have been quite a few of these mystical "bull" triangles in the past months.
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April 18, 2012, 07:55:18 PM
 #51

Still above $5.  Above 5.1 even.   Tongue

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proudhon
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April 19, 2012, 02:16:29 AM
 #52

Still above $5.  Above 5.1 even.   Tongue

I'm surprised, I'll give you that.  I still don't think there's enough interested and serious money to push through the 2012 high.
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April 19, 2012, 03:32:23 AM
 #53

Still above $5.  Above 5.1 even.   Tongue

I'm surprised, I'll give you that.  I still don't think there's enough interested and serious money to push through the 2012 high.

That may be the case. But, damn there is a lot of money in bids right now. More so than I've seen in a while.

proudhon
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April 19, 2012, 03:54:40 AM
 #54

Still above $5.  Above 5.1 even.   Tongue

I'm surprised, I'll give you that.  I still don't think there's enough interested and serious money to push through the 2012 high.

That may be the case. But, damn there is a lot of money in bids right now. More so than I've seen in a while.

I don't think even twice that amount would be enough to push through (I mean realistically, not in a single unlikely buy).
phorensic
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April 19, 2012, 05:41:42 AM
 #55

Well I was totally wrong about my "double-top".  I still think we will return below $5 like we keep doing over and over.  Good thing I hedge now, my Bitcoinica short is starting to look nasty  Shocked
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April 19, 2012, 06:21:26 AM
 #56

... Bitcoinica short...

Ouch!

We just might see $6 before we're done with this rise. G/L

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April 19, 2012, 06:12:54 PM
 #57

No... anyone who was blindsided by that needs to learn to trade.

your arrogance is unbecoming of a trader.

this sentence has fifteen words, seventy-four letters, four commas, one hyphen, and a period.
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notme
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April 19, 2012, 06:23:13 PM
 #58

No... anyone who was blindsided by that needs to learn to trade.

your arrogance is unbecoming of a trader.

Ok... if you missed it you need to zoom out and quit looking at only the 5 day chart.  Is that better?

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April 19, 2012, 06:45:30 PM
 #59

its looking rather bearish right now  Undecided

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April 19, 2012, 06:50:56 PM
 #60

No promises! Cheesy

That's important because there have been quite a few of these mystical "bull" triangles in the past months.

Haha, I'm still waiting for my "bermuda" triangle.




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