Pages:
Author

Topic: KNIFE IMMINENT - page 4. (Read 7039 times)

sr. member
Activity: 448
Merit: 250
this statement is false
January 27, 2012, 01:21:20 AM
#6
this shit is crap. shove it.

explain yourself

actually, first: have you ever taken calculus?
legendary
Activity: 1050
Merit: 1003
January 27, 2012, 01:18:37 AM
#5
this shit is crap. shove it.
sr. member
Activity: 448
Merit: 250
this statement is false
January 27, 2012, 01:05:20 AM
#4
dude, you don't understand how charts work. the manipulator moves the price; the charts help determine how much MOMENTUM the price move has. for instance, by only looking at the price, you neglect volume, which is an important indicator, as well as price. the charts i use are simple transformations of the price and volume, many of which act as oscillators which is very important for predicting maxima and minima (i.e. learn 2 calculus)

here's a post i made days after the MACD crossover, immediately after the AROON UP/DOWN crossover, and predicting the plummet in the Chaikin Oscillator:
 
this is just the beginning. triple, quadruple, top. we're going down from here. there isn't enough faith in bitcoin to sustain prices over $7, remember the summer bubble was just this year. doubt prevented the 'obvious' rally to $8, and nothing's changed except a MASSIVE long squeeze reminding everyone just how risky their positions are. the slopes on each side up, then down from $7 demonstrate that what we saw was an echo bubble. expect a correction to the 'true' value of bitcoin (it will be above $2, that was an overcorrection). but we're going down from here.

bull market is over, for now.


Manipulators move the market, charts describe and predict how the market reacts to the movements.
member
Activity: 102
Merit: 10
January 27, 2012, 12:54:36 AM
#3
But, but, but... the manipulator!  Huh  Wink
legendary
Activity: 1022
Merit: 1001
January 27, 2012, 12:53:31 AM
#2
lol...I dunno I found the OP quite funny  Tongue

Oh, and here's a pic of a falling knife

sr. member
Activity: 448
Merit: 250
this statement is false
January 27, 2012, 12:51:06 AM
#1


if any of you still don't 'believe' in charts, let's take a look:

-the Chaikin Money Flow became positive for the first time in early December... the same day that

-the MACD crossover to positive occurred,

foreshadowing a strong uptrend for December

furthermore, three very important signals occurred within the 1-2 days around the huge Bitcoinica mass liquidation:

-MACD/EXP crossover to negative

-AROON UP/DOWN crossover to negative

-testing of zeroline by the Chaikin Oscillator

lucky for me i got out at $6.85 when the MACD crossover occurred. you fools!

learn 2 charts

-arepo

ps clear bear market now, dead center, actually; if you follow the sine curve of "sentiment" we are now in pessimism, which immediately precedes PANIC



 Grin

EDIT: pps bear market signalled by the Chaikin Money Flow going negative for the first time since early December, and a huge crash (+/- crossover) in the Chaikin Oscillator (momentum of the Accumulation/Distribution Line) these past 2-3 days.
Pages:
Jump to: