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Topic: PnF TA - page 41. (Read 190664 times)

legendary
Activity: 2002
Merit: 1040
November 03, 2015, 03:24:02 PM
Great flick... Great thread  Smiley
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 03:22:29 PM
That means the current stoploss for you is 419*0,9=377$ ?
Yes.
At Bitstamp where I trade it would be 413*0.9=371.7 


I saw (again) this movie yesterday....
legendary
Activity: 2002
Merit: 1040
November 03, 2015, 03:21:19 PM
That means the current stoploss for you is 419*0,9=377$ ?
Yes.
At Bitstamp where I trade it would be 413*0.9=371.7 

legendary
Activity: 1498
Merit: 1000
November 03, 2015, 03:20:29 PM
Awesome!

Bitstamp 2h 3x2 HL:



Next stop 550$.
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 01:21:43 PM
450-470 has resistance too...
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 01:18:01 PM
That means the current stoploss for you is 419*0,9=377$ ?
Yes.
At Bitstamp where I trade it would be 413*0.9=371.7 
legendary
Activity: 1473
Merit: 1086
November 03, 2015, 01:15:55 PM
That means the current stoploss for you is 419*0,9=377$ ?
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 01:11:43 PM
FOMO hits me hard.  Grin Back in btc since 383$.

But seriously, who would've expected this kind of movement after the local 335$ top.
Edit: Sell at 480 or 365$.
Me thinks 520-550, but split the take profits from 425 up to 550 (if possible).

EDIT: Stoploss should be a trailing stop of 10% of the last peak (IMHO).
legendary
Activity: 1473
Merit: 1086
November 03, 2015, 01:05:43 PM
FOMO hits me hard.  Grin Back in btc since 383$.

But seriously, who would've expected this kind of movement after the local 335$ top.
Edit: Sell at 480 or 365$.
legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
November 03, 2015, 08:19:25 AM
Klee, how are you buddy ? Hope you are doing well Smiley

When could this stop ?

When we are going to have a correction ?

Aren't you afraid we may have a sharp downward legs ?
China is up to something, I mean the gvt.

This can be world changing.

Interstellar.




To that extent ? I know you are bullish/bearish with reasonable limits, but this time, I see you perma-permabull man (I'm extremely happy of course) !!
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 07:57:43 AM
Klee, how are you buddy ? Hope you are doing well Smiley

When could this stop ?

When we are going to have a correction ?

Aren't you afraid we may have a sharp downward legs ?
China is up to something, I mean the gvt.

This can be world changing.

Interstellar.


legendary
Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
November 03, 2015, 07:40:51 AM
Klee, how are you buddy ? Hope you are doing well Smiley

When could this stop ?

When we are going to have a correction ?

Aren't you afraid we may have a sharp downward legs ?
legendary
Activity: 1498
Merit: 1000
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 05:07:13 AM
XBT ETN outperforming NASDAQ index almost 50%




Reversal here is a 'top' indicator for BTC..
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 04:28:50 AM
Below 360 we will probably have a bigger correction (down to 325-335)
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 04:20:27 AM
did i hear 450?

 Cool
Daily CLOSE - it can spike in the 530-550 area...
legendary
Activity: 2338
Merit: 2106
November 03, 2015, 04:09:39 AM
did i hear 450?

 Cool
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 04:07:05 AM
Possible next daily spike between 460 and 550.

Close the daily at about 450.
legendary
Activity: 1498
Merit: 1000
November 03, 2015, 02:59:02 AM
PnF is based on momentum. Momentum for BTC got really bullish AFTER we broke 350.

Intuitively, many whales (I know some) were willing to buy back only if this price was taken on volume. See this happening live at Bitstamp.
This may be just the beginning.

So 'TA does not work with BTC' has some merit because in trending markets you need momentum tools.

The only method that I have seen (except PnF) that really works in these legs up is macsga's, with whom we already cooperate to incorporate a robust analytical method (based on momentum too) in crypt-XO's toolbox.
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