Lose all your capital fast, with MatTheCat and his TA 101A! - page 52.

MatTheCat

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Quote from: adamstgBit on May 27, 2016, 01:33:25 PM

nice one mat.

what trade will you think of next, i can wait to see.

You may be alarmed to learn, that my bias has now switched to bullish....but I aint buying up here.

Will buy blind on 61.8% retrace, failing that, any kind of retrace followed by bullish market structure.....

.....btw....I did only lose $46 on my last trade.....sure, had I stuck to plan, then it would have been more like $400, but truth is, I wasn't liking the trade for the whole day that I made it, and had readjusted my target to scratch (inc fees). The fact that all I was looking for was a fkn $2 move down from my entry, and Bitcoin really wasn't wanting to give me it, set alarm bells off and as it happens, I exited the trade literally seconds before the pump kicked off.

darlidada

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you are like george in seinfeld! just do the opposite! (the opposite is the name of an episode, you should watch it! superfunny

ps: just finished reading the whole thread, i learned a lot, thx guys

r0ach

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adamstgBit

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Trusted Bitcoiner

nice one mat.

what trade will you think of next, i can wait to see.

MatTheCat

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This was the Trade:

This was the news event:

http://www.coindesk.com/us-swap-platform-registration-cftc/

And this was what happened:

Apparently.....although, pretty fucking funny how all this happened during Shanghai Opening Times.......

....in which case, maybe this was the news:

http://www.zerohedge.com/news/2016-05-24/currency-war-resumes-china-devalues-yuan-5-year-lows

MatTheCat

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MatTheCat

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Quote from: zimmah on May 27, 2016, 05:41:45 AM

hey hold on a minute!

wasn't the whole point of this thread that you'd be wrong most of the time, so that we can do the opposite?

I'm very disappointed

Meh...

I am sure I wont be able to resist the odd impulse short at the most inopportune of moments on this rise.

zimmah

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Quote from: MatTheCat on May 26, 2016, 08:59:08 PM

Quote from: marcus_of_augustus on May 26, 2016, 08:25:36 PM

Quote from: MatTheCat on May 26, 2016, 08:20:44 PM

Well....totally misjudged that.

Had a short from $452, but exited at $454, literally seconds before big massive pump!

But like every other time I have missed the pump, no fkn way am I chasing that FOMO motherfucking short squeezing space rocket.

lol, this is the best, bar none, thread for the lulz!

I tend to get 'fans' on here only when I am wrong. Only r0ach feels the need to poke his nose in here, when I am right and even then, if I am correct on the short side, it is always due to some Chinese manipulators etc etc etc...(like this pump isn't entirely to do with Chinese Manipulators....CNY leads by a mile, pump happened at Shanghai Opening etc)

Go through the thread...look at the trade ideas....about 60% were on the money.

Most recent was my most spectacularly wrong.....but no TA could have predicted that pump, and in the end, I got out just $2 further up the charts than what I got in. I can live with that:

Only people who got to ride that pump where 'believers', and believers will still be believing when 'they' start dumping.....

Daily MAs have crossed bullish again....so I will switch bias back to hunting longs when the dust settles:

hey hold on a minute!

wasn't the whole point of this thread that you'd be wrong most of the time, so that we can do the opposite?

I'm very disappointed

MatTheCat

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Quote from: marcus_of_augustus on May 26, 2016, 11:03:13 PM

... except it lead this run all the way. No wonder you're losing.

He aint losing. Without having too much knowledge of how to read charts, I can vouch that he plays his cards pretty fucking damn well, and unlike most others around here, he won't be loaded up with Bitcoin, hoping n holding in vain when it's harvest time for the whales. (whales harvesting Bitcoin Nutters and Joe Public that is, not the other way around).

He bought at $435. Advised me that 'the bottom' was in, and said he hoped that I had been smart enough to get in.......even if I was (I wasn't, cos I was tripping balls when BTC confirmed $435 low), I would have sold in $450s, and would have hunted shorts in $450s, which is something that I did of course do......

I took this trade early on Thursday. Very quickly, I started to not like it, as it seemed obvious that BTC was going to pop up higher (to around $460 or something I thought), so for the whole day, I sat with my target adjusted to break even ($451.xx when considering exchange fees), but crazily enough, BTC just wouldn't get down there. Just a few seconds prior to the onset of the pump, and way past my bedtime, I exited the trade at $454. I consider this one very lucky escape.

Chef Ramsay

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Oh baby, just got home and see we're on the move again. And damn, litecoin is that little engine that could. I'll drink to that!

chesthing

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Quote from: marcus_of_augustus on May 26, 2016, 11:03:13 PM

Quote from: chesthing on May 26, 2016, 10:43:46 PM

Quote from: marcus_of_augustus on May 26, 2016, 10:38:23 PM

Quote from: chesthing on May 26, 2016, 10:29:00 PM

(ignoring Huobi with it's free exchange fees).

yeah, just keep ignoring huobi

Since it was $20 past all other exchanges - yeah, ignore that fake shit. When Stamp hits $480 I'll pay attention.

... except it lead this run all the way. No wonder you're losing.

I'm not losing, I hold bitcoins - I'll be convinced and buy more when Stamp crosses $480. And Huobi no exchange fees = fake ass volume.

marcus_of_augustus

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Eadem mutata resurgo

Quote from: chesthing on May 26, 2016, 10:43:46 PM

Quote from: marcus_of_augustus on May 26, 2016, 10:38:23 PM

Quote from: chesthing on May 26, 2016, 10:29:00 PM

(ignoring Huobi with it's free exchange fees).

yeah, just keep ignoring huobi

Since it was $20 past all other exchanges - yeah, ignore that fake shit. When Stamp hits $480 I'll pay attention.

... except it lead this run all the way. No wonder you're losing.

adamstgBit

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if matt shorted this, then its offical, we will see MUCH higher prices very soon.

chesthing

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Quote from: marcus_of_augustus on May 26, 2016, 10:38:23 PM

Quote from: chesthing on May 26, 2016, 10:29:00 PM

(ignoring Huobi with it's free exchange fees).

yeah, just keep ignoring huobi

Since it was $20 past all other exchanges - yeah, ignore that fake shit. When Stamp hits $480 I'll pay attention.

marcus_of_augustus

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Eadem mutata resurgo

Quote from: chesthing on May 26, 2016, 10:29:00 PM

(ignoring Huobi with it's free exchange fees).

yeah, just keep ignoring huobi

chesthing

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Probably wouldn't be a bad short, shit just can not pass $470s (ignoring Huobi with it's free exchange fees).

marcus_of_augustus

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Eadem mutata resurgo

https://twitter.com/whalecalls/status/736003148188356608

go 20x short now Mat ... I dare ya Wink

Addition

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Quote from: MatTheCat on May 26, 2016, 09:38:46 PM

Quote from: chesthing on May 26, 2016, 09:18:28 PM

Huobi $482, others almost $20 behind - interesting. Volume is very low, sure doesn't look like the start of a pump to me.

Don't forget that is how the last pump went as well.......

It doesn't matter how *real* it is or isn't, if you can buy BTC now at $470, and sell tomorrow at $520, then who gives a shit....

....of course, I can't buy now, not at $480, nor at $490.....if this is the pump, then I am missing it.

Interesting and sudden uptick : )

Anything to do with CFTC announcement?

http://www.coindesk.com/us-swap-platform-registration-cftc/

http://www.cftc.gov/PressRoom/PressReleases/pr7375-16

Not too sure, but I think this means investment banks can now acquire BTC-derivatives as part of portfolio?

RyNinDaCleM

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Legen -wait for it- dary

Quote from: MatTheCat on May 26, 2016, 09:02:11 PM

Quote from: Ted E. Bare on May 26, 2016, 08:47:41 PM

Halving is less than 45 days from now. When are you going to buy in? At $600?

If BTC goes up in one great big green dildo all the way to $600, then so be it. I will have missed the pump. I will never chase price in either direction.

That's the best time to short because it won't stick.

MatTheCat

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Quote from: chesthing on May 26, 2016, 09:18:28 PM

Huobi $482, others almost $20 behind - interesting. Volume is very low, sure doesn't look like the start of a pump to me.

Don't forget that is how the last pump went as well.......

It doesn't matter how *real* it is or isn't, if you can buy BTC now at $470, and sell tomorrow at $520, then who gives a shit....

....of course, I can't buy now, not at $480, nor at $490.....if this is the pump, then I am missing it.

Topic: Lose all your capital fast, with MatTheCat and his TA 101A! - page 52. (Read 85774 times)