Topic: The MatTheCat reverse indicator thread (Read 3263 times)

I am currently short from $430, and won't be adjusting anything for the time being.

Hmm, Mat is long, those are basically the epitome of "weak hand" coins.  Now all we need is to print a bumper sticker that says, "If MatTheCat is long, what could go wrong?"

Any update on the indicator please? 

New reverse indicator in:


This was a short position where he was disagreeable the price went up.  If he was still short, we would be clear for an extreme upside breakout, but his short was wiped out, so it's unclear what the market will do now.

Fucking rat cocksuckers.

6 fucking BTC trade with Stop Order

Nope.

My trade was more a play on EUR rising against USD.

USD to BTC on Finex. BTC to EUR on Kraken. EURUSD currently at 1.08. Am expecting to see it at around 1.12 over coming week. So Fiat is better sitting in EUR than USD for now. True, I was traying to catch a bus back up the charts, but Bitcoin started looking heavy, so just converted right away. No Loss.

I entered trade without waiting on divergence on 15 minute chart. Not waiting on Div at least on 15 min charts is in the sin bin of all trade entries, but I done it anyway, with one eye on the EURUSD bounce. Too many moving parts.

That div (15 min BTC) has now occurred and my trade will probably now go on to work, but I cant be arsed with it all right now.

ditto 'the above quote' for your trading at a loss

we all are quite 'mad'  imho from the majority point of view no matter how we pursue crypto..in my case btc holding...in your case in/out trading....so it goes

Time will definitely tell ....

derp....scrapped.

au contraire!

When it is time to get the fuck out the market, everyone will doing the exact opposite. They will be piling in, hands over fist.

if it is time to get out of market...everyone will realize it at the same time imho ....won't matter ..we will all be 'screwed'

just my thoughts...if a 'slow bleed' I'd likely get most of my btc and/or ltc out (i hope)...but my expectation is 'if she goes tulips' the free fall will be such that it will blast past
my 210 floor anyway....so again...it works or it don't ..that's how i got into it ...that's probably how i will get out...on my feet or boots first

but admire your 'kutspa' ...me don't have the time to delve into this ...nor the 'angst' of learning such.... but if you 'succeed' it is more then likely we all will....so I wish you luck

I have only very recently started to make real attempts to stop tarding bitcoin and start trading it. Majority who 'trade', actually 'tard', and that is just the way it is.

I am generally scraping profits (recently), but am still very rough around the edges with regards to trading plans, set-ups, entries and exits, but am sharpening up all the time. The one big advantage I can easily see coming from learning to trade and understand markets, is when the time comes to get the fuck out of a market. I will be far more likely to recognise it than if I was just happily holding with the philosophy that 'it will either work or it won't'.

anyway how I keep score ...staying as far the fr*ck away from 'trading' as I can get ..I know my limitations

anyway best of luck ...braver man than I am....I have enough drama just playing 'hold the btc' game

Yes...

Stop Called on my FUCKING LONG!

TWICE!

Once way down below on the Fuck You Move down to $352. And again on the Fuck You Move prior to the break out (actually, I stopped myself out here at scratch, due to bearish market signals...but point is, market lied to me yet again). I fucking hate this manipulated fucking bullshit cunt of a market.

But just so you know. Next major target for Bitcoin is $315 imo. Another probably Fuck You Move up to $435 notwithstanding, just to shake the public out of its short positions (same as they done with the publics long positions down below) before 'they' send her crashing back down, taking all the little piggies oinking for $500-$1000 Bitcoin, back down to the slaughterhouse.

If I take the short, and it turns out I am wrong and I get stopped as Bitcoin heads up to breach a major resistance, then so fuck. If I take the short, get stopped out in my sleep, just before Bitcoin crashes...then man....if that happens again, I am gonna need to kill someone.

Awaiting new MatTheMarginCalled reverse indicator

It's funny how everyone sees the market being entirely controlled by a "they", meaning exchange owners or random Chinese billionaire, when the gold market movements now look identical to the Bitcoin market movements.  From a flat line to a random, big vertical line, a stop, then another.

When you see a seed battling and finally managing coming above ground, forming it's first leaves. Do you keep saying it is more likely to go back into the ground, or move up rapidly to the sun/moon?
We had the most nerve breaking part, now just enjoy watching it grow. Did you know that you can almost see a plant grow with the naked eye?

Thought this was an interesting point of view, not specific to bitcoin but is relevant to bitcoin I think.


To me this is saying, trade on longer timescales. On day trading you will be cleaned out.

Don't watch markets too much - its all program trading
Submitted by gldslv on January 9, 2016 - 2:29am.

It must be tough playing markets using traditional trading techniques now a days.   Trading against algos is like playing chess with a computer.  It  moves 100 times faster and given enough market power can create any perception it wants to paint. All the manipulator has to do is tell the computer to move a stock/bond/index prices in a method that paints a image to the trader that becomes financially attractive.  Once the money is drawn in they can tell it to go in reverse and clean the house/gather the chips.  

Its not the old days, in today's world, perception is managed by a few money centers.  Its all algos based in painting an image  of market movements. Not reality.   'Falling knives', 'gap filling' are algo responses these days and not traditonal human traders (forget investing) performing the activity.  Trading algos do not take into account any long term investment data points that any reasonable human investor instantly understands..

Do the algos adjust/compensate trading patterns on this type of information? Its really hard to quantify and therefore hard to introduce to the algo:

1) Debt/gdp ratios and the rate of debt growth between sovereigns relative to a stable unit of account?

2) rapidly changing geo-political relationships. Can't quantify that until you see an earnings/pricing  hit somewhere.

3) The meaning of 'money versus a currency' as it pertains to human purchasing power? Which to humans, I would think, is really important.

4) Undefined black swan events like country X accepting the yuan for trading or better yet announcements that  include new markets to sell/buy goods and services, therefore impacting the  future earnings power  of corporations that do not participate in those markets.

Its important to get the trend right, the algos react to capital and trade movement but I'm convinced that if China attacked Japan on a Monday, human traders would hit the sell button, the markets would drop and by Thursday,  by controlling/manipulating  the  VIX and futures on the indexes,  the algos would gap fill right back to almost normal. This type of event is a trend influencer that only humans can quantitatively 'feel' the impact on future market conditions.  The algo's lack of understanding for these minor and not so minor non-quantitative events is why we are experiencing more and more shock and awe.

Incoming $1600 $3200

-snip-

and then going right back down the way it came.

Hmm, Mat is long, those are basically the epitome of "weak hand" coins.  Now all we need is to print a bumper sticker that says, "If MatTheCat is long, what could go wrong?"

I've said this to you before Mat, but perhaps if you just held some btc for a couple of years in cold storage and got on with your life you might do better than churning back and forth based on nothing more than whimsy

Bitcoin is an assymetric bet which if it pays off will reward you handsomely. This forum is littered with accounts of young traders who knew best but in the end lost money with an asset that rose 1000's of % over a few short years. Trading is a zero sum game and you are not in the club.

Zoom out.

You just said it's not going to $500 then just posted a chart that shows it either getting up near there again or passing it.  We need a less ambiguous reverse indicator.

Reverse indicator from the gods confirmed.

highly doubtful 'they' will take it up to $500

We need a new reverse indicator update, where is he?

Almost as strong as the kwuckduck antipode indicator as well as the lesser known talks_cheap about-face indicator as well.

well this another using LTC as example I posted info on BTC historically following for kicks just for perspective

here is the link

https://bitcointalksearch.org/topic/m.13485424

Historically BTC price from 2009 till present in a haphazard way ...using July as the month of choice    (no idea why July is funny)

quote:

from this historical chart (link)

http://www.coindesk.com/price/

Yearly Historical Price *July* of BTC

July 19th 2010   $     0.07

July 18th 2011   $    13.71

July 16th 2012   $      8.72

July 15th 2013   $    88.40

July 14th 2014   $   621.56

July 13th 2015   $   280.60

Jan   8(12, )th 2014 2016   $  456.00   (now)

Anyway this thread COULD be right...hell it was 7c in 2010 from the above

lmao i don't actually believe that this would be true within this 3 months, there are not a lot of major news predicting that the bitcoin price is gonna majorly rise. the earlier people who bought bitcoin would be rich already but the newcomers would be hard to trade with bitcoin without such a large capital compared from now.

The MatTheCat reverse indicator is a tried and true system dating back to the Mayans and Aztecs.

Fuck Bitcoin!

Yep...I am butthurt. I have sat in a fucking crappy short trade all week