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Author Topic: Critical Levels - EW analysis  (Read 354096 times)
RoadTrain
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April 07, 2015, 08:41:58 PM
 #1361

I expected some move to the downside, but the market feels undecided. Despite breaking that wedge, volatility is low.
I wonder how it plays out.
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ensurance982
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April 07, 2015, 08:43:48 PM
 #1362

I expected some move to the downside, but the market feels undecided. Despite breaking that wedge, volatility is low.
I wonder how it plays out.

There's that even bigger wedge that's pushing us down still, you know the one that started back in November 2013 Wink We're now almost at another make-or-break situation and no one knows where this is going...

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Okurkabinladin
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April 07, 2015, 10:07:39 PM
 #1363

Any update on situation at hand, guys? Opinions?
Morecoin Freeman
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April 07, 2015, 10:28:48 PM
 #1364

Another FAIL by chessnut
So what is your prediction? ...

Ask the stranger he knows who you really are.
damiano
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April 07, 2015, 10:37:56 PM
 #1365

Chessnut-- were you joking when you said huge dump/fireworks at Sunday 12 GMT ?  Nothing happened then, just a steady climb to where we are at now. 

Do you think 236 BTSP/BFX was a bottom?

do you think I meant on the hour? lol, no I wasnt joking. I think we will see dumps in the coming 24hr

I dont thnk 236 is a lasting bottom.

Another FAIL by chessnut

A bit of a premature assumption
SkyValeey
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April 07, 2015, 10:40:34 PM
 #1366

Another FAIL by chessnut
So what is your prediction? ...


This?



Btw. I like him but he's typical bulltard without any skills in trading. Only up-up-up-buy-buy-buy and then cry-cry-cry.

If he post "there'll be no dump" then this is good sell/short indicator. Smiley

and he knows it :-D :

Every single time I buy the ******* price goes down.

So please don't criticise Chessnut because he's doing good work here:) (even if he's not prophet)
LFC_Bitcoin
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April 07, 2015, 10:41:30 PM
 #1367

God damn I thought I deleted that.

RyNinDaCleM
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April 08, 2015, 01:20:47 AM
 #1368

Another FAIL by chessnut
So what is your prediction? ...


This?



Btw. I like him but he's typical bulltard without any skills in trading. Only up-up-up-buy-buy-buy and then cry-cry-cry.

If he post "there'll be no dump" then this is good sell/short indicator. Smiley

and he knows it :-D :

Every single time I buy the ******* price goes down.

So please don't criticise Chessnut because he's doing good work here:) (even if he's not prophet)

Thank you for wording it in a much nicer way. I had a long post written out and was about to post it, but decided not to after your post made a similar point but in a less hurtful way. Smiley

nanobrain
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April 08, 2015, 03:38:47 AM
 #1369

Wow,...I can't believe Chessnut is still around doling out pseudo-science predictions.  SOme people are just shameless.

Remember Ristos prediction thread...he was a couple of thousand dollars out.

He spent months on the WallObserver in early 2014 predicting another bubble before he had to slink off when it was clear he was talking rubbish.

He posts on Trading View and has the same accuracy as a stopped clock.

He's a kid playing at being a stock-wiz...when he says he's being doing this for five years, he means since he studied it at high school.

Ask yourself this....he has been bullish on BTC for over a year (we are always about to "shoot up"); so if he is so good at EW and predicting the market, how has he managed to consistently miss the longest bear market in BTC existence?

He's either:
a) not very good
b) disingenuous
c) thinks that 'good' advice' means always being positive.

For me a mix of a and c but I'm soft-hearted.

nothing to see here
Phillis
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April 08, 2015, 10:26:26 AM
 #1370

quite a dump there, which should silence the trolls Wink
phoenix1
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April 08, 2015, 10:29:03 AM
 #1371

C'mon LFC_Bitcoin ... man up and apologise. How wrong you were ...

Good call Chessnut  Wink

"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
Spink
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April 08, 2015, 10:30:06 AM
 #1372

Well, well, well  Grin

Chessnut, just thank you, man.
Morecoin Freeman
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April 08, 2015, 10:32:24 AM
 #1373

Another FAIL by chessnut
So what is your prediction? ...

24 hours?

Sideways maybe 3 or 4 dollar movement up or down.
Certainly won't be any kind of dump.
get rekt  Tongue

Ask the stranger he knows who you really are.
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April 08, 2015, 10:48:24 AM
 #1374

Not yet guys. There is a support line at $245.

LFC_Bitcoin is probably frustrated from Liverpool's 4-1 bashing over the weekend.




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chessnut
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April 08, 2015, 10:50:12 AM
 #1375

C'mon LFC_Bitcoin ... man up and apologise. How wrong you were ...

Good call Chessnut  Wink

Im not interested in right or wrong, it's about valid and invalid which is why I dont need any apologies from critics. Its those that make things bitter and think one example of anything ever has enough bearing to bring down a sound principle, they bug me. Im really glad to see there are some people out there who can see the EW principle for what it is, nothing more and nothing less. Happy Dumps.

JustAnotherSheep
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April 08, 2015, 10:52:17 AM
 #1376

Thanks for not keeping this great thread locked chess, don't let the trolls get to you! And maybe you should consider making it self-moderated, since these people clearly lack the common sense and courtesy to not post in threads dedicated to subjects they dislike (that or they just want to rustle some jimmies).

Also, I am indeed enjoying the dumps. Finally moved to OKCoin a couple of weeks ago and I gotta say I loove shorting Grin

Is it a bull? Is it a bear? No, it's just another sheep.
LFC_Bitcoin
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April 08, 2015, 10:52:50 AM
 #1377

Well done chessnut - after the 24 hrs you predicted but well done.

Afrikoin
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April 08, 2015, 10:55:27 AM
 #1378

Well done chessnut - after the 24 hrs you predicted but well done.

BOOOOOOOOOo!

 Grin



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LFC_Bitcoin
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April 08, 2015, 10:58:41 AM
 #1379

I apologise for being a dick.
I'm not somebody who won't apologise for being wrong.

Well played Sir.

chessnut
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April 08, 2015, 11:28:53 AM
 #1380

Awww shucks guys.  Grin

An impulse always follows an impulse, we could be in wave C of an ABC zig zag, or wave III of a larger impulse towards yearly and possibly final yearly lows. The impulse is the preferred count on a larger scale but following what exactly.. it is unclear. So the target for a worst case scenario (for shorts  Cheesy) wave C is around 1300. This is just because it is a 0.618 retrace of the 2015 rally, the target is not otherwise clear with so little form within the wave. Targets to be prepared for in the case of a larger impulse will also become clearer as it unfolds, but there are some critical points in the case of specific counts. The $90 level is a possible minimum in the case of an expanding diagonal wave C where wave V must be greater than wave III. This would likely also be the reversal level, not that this price could be tolerated for any great length of time in that case. Otherwise gently testing yearly lows at about 800yuan is the most plausible situation.

I do believe Ryan has a good xyz count for a much bumpier road to yearly lows, makes sense if you dont see a motive for all this shenanigans.

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