Pages:
Author

Topic: It's called a correction (waveaddict's bitcoin charting subscription thread) - page 25. (Read 92097 times)

legendary
Activity: 1008
Merit: 1000
Im addicted to the daily updates...

I NEED MY FIX  Cheesy
hero member
Activity: 504
Merit: 502
Don't take my questions as criticism.  I'm just one of those anal, "must understand every line" types and so am abusing your previously demonstrated good nature towards questioners.

Thanks for the responses; I'm sure it'll become clearer as time passes.
hero member
Activity: 532
Merit: 500
New subscriber; catching up with the nomenclature...

In chart 94; when you use the word "reversal" on the MACD chart does that mean reversal of the price trend or reversal of the MACD trend?

In chart 95 you provide two predictive curves, green and purple, am I right to assume that these represent the two edges of your prediction and we should therefore expect to see trading between these two.  Or... are they worst case/best case type of lines?

Apologies for the questions; dropping in without the context of previous charts makes the learning curve a bit steeper... not that I mind that.

I think you meant (95) and (96) respectively

Yes; you're right.  My email client puts the labels at the bottom and I forgot that Smiley

For the first question, a reversal of one would pretty much mean a reversal of the other

I'm still a bit confused; as MACD going one way doesn't mean price going the same way does it?

Regardless; I think I understand what you were predicting (and by the looks of it, it came true).

For your second question, 'purple' and 'green' are the most likely outcomes from the technical evidence thus far.

hope that clears things up,  Smiley
-waveaddict

Okay, but what's the difference between them?  Why two lines and not one?  What is the second line showing me?


The two lines within the MACD represent a longer-term and shorter-term moving average.

Trust me, give it a few more days and you will understand how I am thinking in my emails. I usually go out of my way to explain things.  Smiley
hero member
Activity: 504
Merit: 502
New subscriber; catching up with the nomenclature...

In chart 94; when you use the word "reversal" on the MACD chart does that mean reversal of the price trend or reversal of the MACD trend?

In chart 95 you provide two predictive curves, green and purple, am I right to assume that these represent the two edges of your prediction and we should therefore expect to see trading between these two.  Or... are they worst case/best case type of lines?

Apologies for the questions; dropping in without the context of previous charts makes the learning curve a bit steeper... not that I mind that.

I think you meant (95) and (96) respectively

Yes; you're right.  My email client puts the labels at the bottom and I forgot that Smiley

For the first question, a reversal of one would pretty much mean a reversal of the other

I'm still a bit confused; as MACD going one way doesn't mean price going the same way does it?

Regardless; I think I understand what you were predicting (and by the looks of it, it came true).

For your second question, 'purple' and 'green' are the most likely outcomes from the technical evidence thus far.

hope that clears things up,  Smiley
-waveaddict

Okay, but what's the difference between them?  Why two lines and not one?  What is the second line showing me?
hero member
Activity: 532
Merit: 500
New subscriber; catching up with the nomenclature...

In chart 94; when you use the word "reversal" on the MACD chart does that mean reversal of the price trend or reversal of the MACD trend?

In chart 95 you provide two predictive curves, green and purple, am I right to assume that these represent the two edges of your prediction and we should therefore expect to see trading between these two.  Or... are they worst case/best case type of lines?

Apologies for the questions; dropping in without the context of previous charts makes the learning curve a bit steeper... not that I mind that.

I think you meant (95) and (96) respectively

For the first question, a reversal of one would pretty much mean a reversal of the other

For your second question, 'purple' and 'green' are the most likely outcomes from the technical evidence thus far.

hope that clears things up,  Smiley
-waveaddict
legendary
Activity: 2198
Merit: 1311
Hopefully a little drop is coming and hopefully I can get to the bank and make another bitinstant deposit before it does.  Last week I used bitinstant to MtGox and have already overcome the fee + another 3%.   Grin  I think I'm going to start making this a weekly ritual.
hero member
Activity: 504
Merit: 502
New subscriber; catching up with the nomenclature...

In chart 94; when you use the word "reversal" on the MACD chart does that mean reversal of the price trend or reversal of the MACD trend?

In chart 95 you provide two predictive curves, green and purple, am I right to assume that these represent the two edges of your prediction and we should therefore expect to see trading between these two.  Or... are they worst case/best case type of lines?

Apologies for the questions; dropping in without the context of previous charts makes the learning curve a bit steeper... not that I mind that.
hero member
Activity: 532
Merit: 500
You talk about the hourly 200 sma being at $5.20... when I chart the hourly 200 sma I see ~$4.95... am I doing it wrong or was there a typo?

good catch. It was a typo

I meant 50sma  Embarrassed
legendary
Activity: 1008
Merit: 1000
You talk about the hourly 200 sma being at $5.20... when I chart the hourly 200 sma I see ~$4.95... am I doing it wrong or was there a typo?
hero member
Activity: 532
Merit: 500
today's email has been sent  Smiley

-March 14 update (includes chart: 94, 95, 96)
legendary
Activity: 1904
Merit: 1002
Smiley hope you premium subscribers are loving chart (94) as much as I enjoyed drawing it.

-waveaddict

This new 2 tiered system is lame.

Its a good system... Not everyone needs/wants the trading advice, and its only 2.5 btc more over 6 months, shell out the extra .4 btc per month, I'm sure you'll get more than that back.

I don't have enough liquid BTC to cover a 6 month subscription at this time.  All my funds that aren't working for me will need sold soon for fiat obligations.  I was debating sitting out a month, but I decided I could spare 2.5 BTC.
newbie
Activity: 45
Merit: 0
Smiley hope you premium subscribers are loving chart (94) as much as I enjoyed drawing it.

-waveaddict

This new 2 tiered system is lame.

Its a good system... Not everyone needs/wants the trading advice, and its only 2.5 btc more over 6 months, shell out the extra .4 btc per month, I'm sure you'll get more than that back.
donator
Activity: 3108
Merit: 1166
I'm already considering subscribing for the premium, but shouldn't I have received the 'chart 94' anyway? It is a chart is it not? Isn't the trading advice separate or is it on the chart itself? Just wondering. =)



You do have a point there. I'll send (94) out with the other chart for today. The reason why I drew it though was to help my premium subscribers visualize how my 'trading' targets that I provided in previous 'premium only' emails would probably be met.

Thanks.  It sucks being a subscriber, but not "getting" your public comments.

I expect that once waveaddict's web site is up then there will probably be dual forums on it (P/W protected) where he can post his charts & comments specific to each of the services offered & where the respective members can also chit chat & plot amongst themselves too - should be fun, see my sig for a work in progress, though I haven't got around to the forums on it part as yet
hero member
Activity: 532
Merit: 500
It's 15BTC for a 6 month premium subscription, correct?

yes  Smiley
legendary
Activity: 1904
Merit: 1002
I'm already considering subscribing for the premium, but shouldn't I have received the 'chart 94' anyway? It is a chart is it not? Isn't the trading advice separate or is it on the chart itself? Just wondering. =)



You do have a point there. I'll send (94) out with the other chart for today. The reason why I drew it though was to help my premium subscribers visualize how my 'trading' targets that I provided in previous 'premium only' emails would probably be met.

Thanks.  It sucks being a subscriber, but not "getting" your public comments.
hero member
Activity: 686
Merit: 500
Bitbuy
It's 15BTC for a 6 month premium subscription, correct?
legendary
Activity: 840
Merit: 1000
Thanks for the info and great service.
hero member
Activity: 532
Merit: 500
I'm already considering subscribing for the premium, but shouldn't I have received the 'chart 94' anyway? It is a chart is it not? Isn't the trading advice separate or is it on the chart itself? Just wondering. =)



You do have a point there. I'll send (94) out with the other chart for today. The reason why I drew it though was to help my premium subscribers visualize how my 'trading' targets that I provided in previous 'premium only' emails would probably be met.
legendary
Activity: 840
Merit: 1000
I'm already considering subscribing for the premium, but shouldn't I have received the 'chart 94' anyway? It is a chart is it not? Isn't the trading advice separate or is it on the chart itself? Just wondering. =)

hero member
Activity: 532
Merit: 500
Smiley hope you premium subscribers are loving chart (94) as much as I enjoyed drawing it.

-waveaddict

This new 2 tiered system is lame.

I can assure you that I am not providing any less of a 'charting' service than before for month to month subscribers. I am just providing additional 'trading' advice for those who are willing to commit for an extended period (premium). Keep in mind that commitments from people make my life a lot easier, and therefore, it does not seem unfair to me to provide these people with added benefits since they are paying for it.
Pages:
Jump to: