Topic: trendlines and manipulators (Read 2470 times)

manipulator manipulates you, not the value of BTC

Well, in the U.S. we do still have the 2nd amendment, no matter how many politicians want to ignore it. The laws banning machine guns are silly. They are "feel good" laws only. To be honest, a semi-auto can be as deadly or possibly more deadly (precision) than a full-auto. This is why certain military rifles have other selections: M4 - 3 rd burst, AN94 - 2 rd burst.

All full-auto does is make sure you run out of bullets fast.  

Yes, a few bills were passed, I don't know the exact dates or details (about 30 years ago, Ronald Reagan was in office). But basically manufacturing and / or importing fully automatic weapons is illegal (for civilian sale, of course the military - law enforcement still has access).

Weapons manufactured / imported before the law passed are legal to own and sell, but they are obviously rare (because of the law) which explains the high price tag. You also need to be approved by the ATF, pay $200, and wait for some time.

Ahh, well. The U.S. makes some of the finest rifles available! So do a bunch of other countries as well.  Wink

U.S. AK type semi auto rifles are mostly made from surplus parts kits that were shipped from soviet bloc countries and had the receiver destroyed in the process! In other words, they are junk. Yet due to the robust AK design, they are still functional.

People in the U.S. who want a quality AK look for U.S. companies that take imported Saiga sporting rifles from IzhMash and convert them to the more typical semi-auto AK everyone is accustomed to.

Real AK-47s (with full-auto functionality) cost many thousands of dollars (they are not allowed to be imported for three decades now) and require approval from the ATF to own. You might be able to own one for $25,000. In the U.S. that is.

The Hammer (Long)
1.  Big trader posts large volume on the ask side
2.  Individuals see the ask and try and get in front of him by selling/shorting/lowering their offers
3.  He is simultaneously buying at the bid from the small guys
4.  As soon as selling volume dries up, he pulls his ask and enters long, causing a jump in prices
5.  He sells to the people who buy behind him, scalping a profit

How to Play the Hammer (Long)
1.  Watch the volume from the small traders that are trying to trade in front of him
2.  When the volume dries up and he pulls his ask - enter long
3.  If he doesn't follow soon with a large trade, exit your trade at a scratch or loss

I saw the bold text as "I used to identify the pattern and follow it to pinch a bit of the profit", but maybe I'm just not conspiracy minded enough.

Here is the way I see it!
He puts a large wall up on the sell side, causing people who want to get an order executed to trickle over the top and down in front. He then pulls his order causing a very thin market near the going rate, and he sweeps them up as to not move the price up higher than needed. And, repeat!

On the buy side, it's to show false support (ex. demand), therefore, causing the other buyers to raise their bids, so he can sell higher, and again, not to lower the price more than is necessary!

Then you'll, on occasion, see a rather large wall on both sides! I believe this is when he is taking a break (sleep) so he knows the price will still be where he left it when he picks back up where he left off!

It's mind games really! This is someone with experience in stock trading, manipulation, and psychological reaction, and wanted an easy profit!

I believe he can force the price to where he wants, when he wants! When you have 25K+ BTC, and $100,000 at the same time, well, you have that kind of power!

There are a few things that I have been reticent to talk about, simply because I didn't want the general public to know the stuff that "we" know.  However, in the spirit of this thread - helping people to stop losing money - I have decided to share a little.

One of the main and widely-talked about issues is "the manipulator".  After watching time and again as individuals have "the hammer" dropped on them, I figured I might as well shed a little light on what may be happening.  There are several different strategies being used by a few individuals with "lots" of buying power, so I'll talk a little about the main strategy I see on a daily basis.

The manipulator is basically a large trader who is repetitively practicing a strategy we call "the hammer".  It's a simple strategy of deception and can lead to a "crack" in prices.  Prior to applying a systematic strategy to the BTC market, I used to trade with him and make a decent profit.

The Hammer (Long)
1.  Big trader posts large volume on the ask side
2.  Individuals see the ask and try and get in front of him by selling/shorting/lowering their offers
3.  He is simultaneously buying at the bid from the small guys
4.  As soon as selling volume dries up, he pulls his ask and enters long, causing a jump in prices
5.  He sells to the people who buy behind him, scalping a profit

How to Play the Hammer (Long)
1.  Watch the volume from the small traders that are trying to trade in front of him
2.  When the volume dries up and he pulls his ask - enter long
3.  If he doesn't follow soon with a large trade, exit your trade at a scratch or loss

There are several different variants of this strategy, but as a general rule of thumb - if you see a fake bid or ask, the markets are probably going that way soon.

This is more for informative purposes than actual trading advice.  See how subjective this is?  In my opinion, this type of trading isn't scalable and it doesn't possess long-term profitability, which is what this thread is about. My suggestion is that you take this information as a little "FYI" and stick to a systematic and tested strategy, ignoring the games that go on in the order-book entirely.

I thought you can get one for 200 US$? Do they charge surcharge for BTC;) ?

I agree that it is not "manipulators" and only a big deal shaken the market. This text is too difficult for the interpreter. And I think too complicated. But yeah. No pattern of jumps. If I want to buy some tomorrow AK47, I'll buy a few thousand BTC. I manipulator?

Why?