20th 3dMACD bar started GREEN!

[intighet]

My problem with the 3DMACD signal is that if you switch to 1WMACD, then you still see a lot of negative momentum. It is why I don't trust charts much, the signals seem to change arbitrarily depending on the scale at which you look at them.

Understanding scale with candlestick charts is definitely tricky. If you will allow it, imagine that the signals are equally true on each scale, and that the price action on each scale is also equally significant, at each respective scale. It is in this way that the price graph most directly shares attributes with fractal patterns. Just as a shoreline is chaotically jagged, but fails to smooth as you zoom out on a map (unlike, for instance, macroscopic smooth edges that are jagged and chaotic on a microscopic scale), price patterns and generalized behavior of price function operate under the same principles on all scales which is actually a very surprising and nontrivial point.

[DustyRah]

It was a buy at $300 when a call was made to get on board the train....bummer to those who missed that ride!

[ask]

Second 3dMACD is green. Let's wait how it will close on Friday evening.

[yefi]

Let us make an offering at the temple of MACD and genuflect before him. The sun will shine, the rain will tend the earth and our crops will grow to the skies. All hail the mighty benefactor of the harvest and spread his prophecies unto the unconverted.

2011-10-29. 

[brg444]

Let us make an offering at the temple of MACD and genuflect before him. The sun will shine, the rain will tend the earth and our crops will grow to the skies. All hail the mighty benefactor of the harvest and spread his prophecies unto the unconverted.

2011-10-29. 

so you had to go back 3 years, when 3 day trading volume was less than 500 BTC 

[yefi]

Let us make an offering at the temple of MACD and genuflect before him. The sun will shine, the rain will tend the earth and our crops will grow to the skies. All hail the mighty benefactor of the harvest and spread his prophecies unto the unconverted.

2011-10-29.  

so you had to go back 3 years, when 3 day trading volume was less than 500 BTC  

If we had gone back three years and it had agreed would it not have reaffirmed the pattern in your mind? Do not the very people in this thread go far back to reaffirm the pattern?

Three day volume was over 160,000 BTC. We're looking at Gox here btw, not Bitstamp which was just an infant on Hazek's teat then.

[kwukduck]

Well i guess we can forget about that up trend now.... 

[ask]

Well i guess we can forget about that up trend now.... 

No. We are still on track. Just hold another couple of days.

[inca]

Well i guess we can forget about that up trend now.... 

No. We are still on track. Just hold another couple of days.

Still likely a shake out

[ask]

https://www.youtube.com/watch?v=TcJ-wNmazHQ

Well i guess we can forget about that up trend now.... 

No. We are still on track. Just hold another couple of days.

Still likely a shake out

The Final Countdown - 3, 2, 1, GOOOOOOOOO

https://www.youtube.com/watch?v=TcJ-wNmazHQ

[NotLambchop]

Well i guess we can forget about that up trend now.... 

No. We are still on track. Just hold another couple of days.

[yayayo]

Well i guess we can forget about that up trend now.... 

No. We are still on track. Just hold another couple of days.

You should admit that we just saw a false signal.

If you had programmed an algorithmic trading system based on the 3d MACD it would have incurred a loss.

If trading on the signals of a single indicator would lead to proftable results, any idiot would do it. Markets don't work like this.

ya.ya.yo!

[ask]

Third  bar is green.

[DonYo]

There were 4 red bars before the 1100 take off...  

[wobber]

I have found it. The Pattern. Everytime the price goes up a little, it goes even more down! Note that there was no true increase, when it went up more, it went down even more. Just a speculative pattern.

[BlindMayorBitcorn]

Well i guess we can forget about that up trend now.... 

No. We are still on track. Just hold another couple of days.

This was officially the worst advice ever LOL

Retrospect yo

[Tzupy]

@wobber: Most of the large ones are sub-sub-waves of wave C. Some smaller are sub-sub-sub waves, others don't matter due to low volume.

[BlindMayorBitcorn]

Well i guess we can forget about that up trend now.... 

No. We are still on track. Just hold another couple of days.

Swim after the boat that is NOT sinking. Now I get it

[ask]

Fourth green 3dMACD bar is coming

[SnokkomBTC]

Fourth green 3dMACD bar is coming

Yeah, is a short squeeze coming?