Anyway Mat, Ill give you props for putting your balls on the line publicly like that.
Unfortunately I think you make wrong assumptions and are too stubborn to take a different perspective.
Topic: Lose all your capital fast, with MatTheCat and his TA 101A! - page 47. (Read 85774 times)
LOL!
Yep. This is where Joe Public is going to want to get long Bitcoin, so we could well see r0ach's triangle resolve bullishly, but man o man, I suspect some slaughter coming up here.
you would have had to have been very, very good, to have played that pump long....I suspect most that piled in, either piled back out at a loss, and/or are sitting right now biting their nails
*Cough* *Cough*
Do you know what the word asymmetric trade means? It means whoever goes long right now, even if it did drop back to 420 by some miracle (not likely), they wouldn't lose a dime because you can easily just hold the long until halving rise is over and still be in mega profit. That is who you are trading against and why you lost.
I am ready.
We will see who's smart and who's not when the halving happens. Iteresting times ahead.
I am ready.
You aint very very good r0ach.
You are a retard holder. HUGE difference.
This thing could go back down to $400s, but no matter what, you will be holding the whole time watching all your profits evaporate....been there and done it all before.
If your triangle seems to be right (looks like we are getting closer of the last quart, so it should break asap if pattern is validated), price objective is more than +50 CNY, it should be around 3900 or 3600. I am sure you like that r0ach.
you would have had to have been very, very good, to have played that pump long....I suspect most that piled in, either piled back out at a loss, and/or are sitting right now biting their nails
*Cough* *Cough*
Do you know what the word asymmetric trade means? It means whoever goes long right now, even if it did drop back to 420 by some miracle (not likely), they wouldn't lose a dime because you can easily just hold the long until halving rise is over and still be in mega profit. That is who you are trading against and why you lost.
I am ready.
We will see who's smart and who's not when the halving happens. Iteresting times ahead.
I am ready.
....another reason is that Bitcoin is getting listed on Nasdaq tomorrow. This is the News, and the pump would have been the rumour. Buy the rumour, sell the news.
So, you think that the main reason for this "pump" was/is the Nasdaq news? I have very hard time to believe that.
So do I, I think I just fell for some bullshit....
....it was a reliable source from whom I got the info, but he types in broken English and I misunderstood his take on the issue.
....another reason is that Bitcoin is getting listed on Nasdaq tomorrow. This is the News, and the pump would have been the rumour. Buy the rumour, sell the news.
So, you think that the main reason for this "pump" was/is the Nasdaq news? I have very hard time to believe that.
Fuck... the Chinese start pumping again despite the bearish divergences... made me close my short... 
That was silly. China had no volume on that leg and neither did a lot of western exchanges. Bitfinex had decent volume though
.No, closing a small short from 541$ was the right decision, I'd do it again, it was a wash (I closed it as soon as I smelled a pump).
What was silly is that I couldn't switch fast enough from the bear state of mind to the bull one, so I missed the pump.
That 'pump', proved an out and out headfake on all exchanges except OkCoin Futures, and Finex.
Both of those exchanges are notorious for Stop Runs. Short Traders who essentially had the right idea, would have gotten wiped out on both.....that is all that the big shooting star candles were....Shorts being liquidated. you would have had to have been very, very good, to have played that pump long....I suspect most that piled in, either piled back out at a loss, and/or are sitting right now biting their nails, heavily underwater, praying on the market to come back to them.....which is one reason why we probably go down from here....
....another reason is that Bitcoin is getting listed on Nasdaq tomorrow. This is the News, and the pump would have been the rumour. Buy the rumour, sell the news.
Fuck... the Chinese start pumping again despite the bearish divergences... made me close my short...
That was silly. China had no volume on that leg and neither did a lot of western exchanges. Bitfinex had decent volume though
.No, closing a small short from 541$ was the right decision, I'd do it again, it was a wash (I closed it as soon as I smelled a pump).
What was silly is that I couldn't switch fast enough from the bear state of mind to the bull one, so I missed the pump.
Fuck... the Chinese start pumping again despite the bearish divergences... made me close my short...
That was silly. China had no volume on that leg and neither did a lot of western exchanges. Bitfinex had decent volume though
.LOL.
Yeah, funny that, it is almost as if the game was being rigged on the CNY exchanges, in order that big fkn high priced cash outs could be made on the big USD exchange.
Fuck... the Chinese start pumping again despite the bearish divergences... made me close my short...
That was silly. China had no volume on that leg and neither did a lot of western exchanges. Bitfinex had decent volume though
.
we all should buy with hands and feet and mouth and then thanks mat!
It's going to level at 3750 yuan then make the jump to 3800 yuan
Fuck... the Chinese start pumping again despite the bearish divergences... made me close my short...
lol, #rekt ?
Still say $465 new bottom.
Nothing would surprise me....cos that is some nasty bear structure put in across the big exchanges, and not even a 38.2% retrace on the likes of Huobi, although it was exactly that on Finex.
Roach - as usual, go fuck yourself.
Still say $465 new bottom.
GOOD LUCK WITH THAT SHIT NAYGER
Still say $465 new bottom.
Nothing would surprise me....cos that is some nasty bear structure put in across the big exchanges, and not even a 38.2% retrace on the likes of Huobi, although it was exactly that on Finex.
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