You always make it seem like so much work Mat. Did you ever try buying on the cross of EMA 10/21 with 24-hour period? We talked about that in one of your threads like two years ago when you were swearing and freaking out.
I can't handle the stress of actual day-trading and it seems to catch most of the upside. It translated to a buy at ~$405 a month ago or so, then sell at $450. Then another buy at $445 on the 26th.
Topic: Lose all your capital fast, with MatTheCat and his TA 101A! - page 51. (Read 85774 times)
Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent.
We are due to test that $500 mark
no
So, how do you consider that a secure floor? Don't you know how markets work? Levels need testing after breaking to confirm the support.
We're engineering it to stay up because it takes time to drag the idiot exchanges Bitstamp and BTCE upwards. The longer it is up, the more they are forced to come along. Shitstamp attempted manipulation downwards only works very short term, they can't do it over a period of days.
Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent.
We are due to test that $500 mark
no
So, how do you consider that a secure floor? Don't you know how markets work? Levels need testing after breaking to confirm the support.
Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent.
We are due to test that $500 mark
no
Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent.
We are due to test that $500 mark
Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent.
We will see.... as you know, I have zero faith, but if I see a continuation setup, then I will take it.
As my sig sez...Crypto may well pump, but the only guarantee in crypto, is the dump!
Whole bunch of people gonna get wrecked!
Mat, since you still haven't figured out how this market works, the last move was to secure a $500 floor. The downside potential now is about non-existent.
I have placed limit shorts from 550$ to 565$, now I am afraid the piglets on BFX are going to miss them... 
eek!
Sure, we are in ridiculous nosebleed territory....but I wouldn't be placing any fucking limit shorts anywhere right now!
Almost asking for as much trouble as going all in long with a market order right about now.
I have placed limit shorts from 550$ to 565$, now I am afraid the piglets on BFX are going to miss them...
Whole bunch of people gonna get wrecked!
(Not me of course!)
(Not me of course!)
what did i miss? did mat short at $450?
Kerrching!
And Out!
And Out!
That was that bloody quick, that I have taken a bunch of profits already.
Jack the top line up to around 508-515. We have longer till break out, if break out. One more down IMO.
We need a Mat update. What strategy are we using to set money on fire today...
Too busy atm to post here....
In and out of trades on 5 min charts......BTC far too overextended and volatile....
....took a decent chunk of the upside action last night, and other than than that, taking scalp trades.....another trade target is looming actually as a I type......a good few of these should make up for missing out like 60% of this pump (and even looking to go short at the bottom of it)
I think you have a problematic relationship with the bitcoin. I think it makes you angry and prevents you to make good trades. You should make peace with it and you'll start to make profits.
Also, I dont understand why you are trading BTC right now, you should just do as r0ach mentioned : you find a position where you can take an assymmetric trade and you leverage it x20 and then you go play the drums or you gamble on the alts, which are a lot more volatile, so you can increase your stack!
and read r0ach posts again! sometimes they make you angry but afterwards they make you money
We need a Mat update. What strategy are we using to set money on fire today...
Too busy atm to post here....
In and out of trades on 5 min charts......BTC far too overextended and volatile....
....took a decent chunk of the upside action last night, and other than than that, taking scalp trades.....another trade target is looming actually as a I type......a good few of these should make up for missing out like 60% of this pump (and even looking to go short at the bottom of it)
That's the Cat we all know and love.
We need a Mat update. What strategy are we using to set money on fire today...
Too busy atm to post here....
In and out of trades on 5 min charts......BTC far too overextended and volatile....
....took a decent chunk of the upside action last night, and other than than that, taking scalp trades.....another trade target is looming actually as a I type......a good few of these should make up for missing out like 60% of this pump (and even looking to go short at the bottom of it)
Hey Mat, hows going - still waiting for those 420 $ coins now?
We need a Mat update. What strategy are we using to set money on fire today...
You may be alarmed to learn, that my bias has now switched to bullish....
Relevant Mat quote generator activated:
I am hoping to walk away with other players money.
The majority who invest money in a vacuos asset like Bitcoin are certain to lose
So my plan is to look for long setups
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