Topic: Wall Observer BTC/USD - Bitcoin price movement tracking &amp; discussion - page 22464. (Read 26609053 times)

Quote from: bassclef on March 13, 2015, 10:22:48 AM

Quote from: billyjoeallen on March 13, 2015, 10:43:50 AM

no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300.

lot of usd swaps opened in the process, no cheap dolla' on bitfinex...

hidden bearish divergence showing up.

usd going ballistic.

but keep repeating that everything is ok, because I am ok with it. Cool

Not enough ammo to go down, that's what defines a bull market. So we dance along the edge of the top resistance until we build enough power to jump over it.

we are not in a bull market. where did you get that idea?

Daily chart? Seems pretty bullish to me. I guess it depends on your definition.

Lately you seem to get excited about these low-volume shakeouts. You do realize they are meant to lock traders into poor positions.

no, not really.

what really got me excited was yesterday's bull attempt to break 300 on high volume that failed for the 4th time. delusional bulls are the one who will push us back down.

bears really dont have to do anything.

I see. Well we may get a little more downside, but I wouldn't personally be short here. If we can't go down and we can't go up, we go sideways/drift upwards until a) significant supply shows up or b) bulls push through. And with a capitulation/rising bottom gradient in the background putting demand in control (this is why we tend to drift upwards), I give greater probability to scenario b.

of course you give greater probability to b, because you think we bottomed. many bulls think that.

octaft

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Activity: 476

Merit: 250

Over time, she earned my respect- something you have still yet to do yourself.

Thank god for that. I would be embarrassed to have a moron like you respect me.

bassclef

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Activity: 924

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Quote from: tarmi on March 13, 2015, 10:35:50 AM

Quote from: bassclef on March 13, 2015, 10:29:53 AM

Quote from: bassclef on March 13, 2015, 10:22:48 AM

Quote from: SkyValeey on March 13, 2015, 10:39:35 AM

no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300.

lot of usd swaps opened in the process, no cheap dolla' on bitfinex...

hidden bearish divergence showing up.

usd going ballistic.

but keep repeating that everything is ok, because I am ok with it. Cool

Not enough ammo to go down, that's what defines a bull market. So we dance along the edge of the top resistance until we build enough power to jump over it.

we are not in a bull market. where did you get that idea?

Daily chart? Seems pretty bullish to me. I guess it depends on your definition.

Lately you seem to get excited about these low-volume shakeouts. You do realize they are meant to lock traders into poor positions.

no, not really.

what really got me excited was yesterday's bull attempt to break 300 on high volume that failed for the 4th time. delusional bulls are the one who will push us back down.

bears really dont have to do anything.

I see. Well we may get a little more downside, but I wouldn't personally be short here. If we can't go down and we can't go up, we go sideways/drift upwards until a) significant supply shows up or b) bulls push through. And with a capitulation/rising bottom gradient in the background putting demand in control (this is why we tend to drift upwards), I give greater probability to scenario b.

michaelGedi

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"to be or not to be, that is the bitcoin"

EDIT: for clarity, he's playing a lute. He's a bear playing a lute...

billyjoeallen

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Hide your women

Quote from: octaft on March 13, 2015, 10:35:23 AM

Quote from: billyjoeallen on March 13, 2015, 10:03:44 AM

There is no such thing as a "successful" trader. There are traders who may go well one day and bad at another. Whoever claims for his/her error-less abilities he/she may as well claim the title of the bigger liar as well. I personally suck at trading. I must classify myself to the worst trader around; that's why I'm a perma-hodler ever since.

Well yeah, anyone who claims to never have been wrong is obviously FOS, but you can be wrong sometimes and still make profit. It's all about making more when you're right than you lose when you're wrong.

Quote from: octaft on March 13, 2015, 10:35:23 AM

Thanks for the suggestions. Yep, TERA is a she. She was consistently bearish, but as I remember mostly right. It was a bearish year and no one wanted to hear it. As I recall she found trading bitcoin pretty stressful though.

AFAIK TERA never divulged their gender, and them being a she was based off of some sexist bullshit BJA came up with. Big shock there, I know.

She had brains and skill. I miss her contributions to the thread.

Oh man if I weren't so lazy, I would find that old post where you said they "trade like a woman," with the clear implication being that they are a coward.

So much respect there. Roll Eyes

Over time, she earned my respect- something you have still yet to do yourself.

SkyValeey

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podyx

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Quote from: billyjoeallen on March 13, 2015, 10:03:44 AM

There is no such thing as a "successful" trader. There are traders who may go well one day and bad at another. Whoever claims for his/her error-less abilities he/she may as well claim the title of the bigger liar as well. I personally suck at trading. I must classify myself to the worst trader around; that's why I'm a perma-hodler ever since.

Well yeah, anyone who claims to never have been wrong is obviously FOS, but you can be wrong sometimes and still make profit. It's all about making more when you're right than you lose when you're wrong.

Quote from: bassclef on March 13, 2015, 10:29:53 AM

Thanks for the suggestions. Yep, TERA is a she. She was consistently bearish, but as I remember mostly right. It was a bearish year and no one wanted to hear it. As I recall she found trading bitcoin pretty stressful though.

AFAIK TERA never divulged their gender, and them being a she was based off of some sexist bullshit BJA came up with. Big shock there, I know.

She had brains and skill. I miss her contributions to the thread.

Oh man if I weren't so lazy, I would find that old post where you said they "trade like a woman," with the clear implication being that they are a coward.

So much respect there. Roll Eyes

It's a scientific fact that men like taking risks more then women but I guess you feminazis don't care for such things.
Also, I'm sure it was intended as a joke

tarmi

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Quote from: bassclef on March 13, 2015, 10:22:48 AM

Quote from: billyjoeallen on March 13, 2015, 10:03:44 AM

no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300.

lot of usd swaps opened in the process, no cheap dolla' on bitfinex...

hidden bearish divergence showing up.

usd going ballistic.

but keep repeating that everything is ok, because I am ok with it. Cool

Not enough ammo to go down, that's what defines a bull market. So we dance along the edge of the top resistance until we build enough power to jump over it.

we are not in a bull market. where did you get that idea?

Daily chart? Seems pretty bullish to me. I guess it depends on your definition.

Lately you seem to get excited about these low-volume shakeouts. You do realize they are meant to lock traders into poor positions.

no, not really.

what really got me excited was yesterday's bull attempt to break 300 on high volume that failed for the 4th time. delusional bulls are the one who will push us back down.

bears really dont have to do anything.

octaft

sr. member

Activity: 476

Merit: 250

There is no such thing as a "successful" trader. There are traders who may go well one day and bad at another. Whoever claims for his/her error-less abilities he/she may as well claim the title of the bigger liar as well. I personally suck at trading. I must classify myself to the worst trader around; that's why I'm a perma-hodler ever since.

Well yeah, anyone who claims to never have been wrong is obviously FOS, but you can be wrong sometimes and still make profit. It's all about making more when you're right than you lose when you're wrong.

Thanks for the suggestions. Yep, TERA is a she. She was consistently bearish, but as I remember mostly right. It was a bearish year and no one wanted to hear it. As I recall she found trading bitcoin pretty stressful though.

AFAIK TERA never divulged their gender, and them being a she was based off of some sexist bullshit BJA came up with. Big shock there, I know.

She had brains and skill. I miss her contributions to the thread.

Oh man if I weren't so lazy, I would find that old post where you said they "trade like a woman," with the clear implication being that they are a coward.

So much respect there. Roll Eyes

adamstgBit

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Trusted Bitcoiner

DXY making new highs, now over 100 (100.10 right now), the dollar can't keep rising like this, can it?

Wandererfromthenorth

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Activity: 742

Merit: 500

Quote from: billyjoeallen on March 13, 2015, 10:13:09 AM

AFAIK TERA never divulged their gender, and them being a she was based off of some sexist bullshit BJA came up with. Big shock there, I know.

I remember she did, she said something like "you are talking to a girl" or something.
Too lazy to find the post tho.

michaelGedi

sr. member

Activity: 364

Merit: 250

"to be or not to be, that is the bitcoin"

No I don't. I'm doing pretty well, but not that good.

ok my memory did fail me Undecided

40%

https://bitcointalksearch.org/topic/m.10685081

bassclef

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Activity: 924

Merit: 1000

Quote from: bassclef on March 13, 2015, 10:22:48 AM

no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300.

lot of usd swaps opened in the process, no cheap dolla' on bitfinex...

hidden bearish divergence showing up.

usd going ballistic.

but keep repeating that everything is ok, because I am ok with it. Cool

Not enough ammo to go down, that's what defines a bull market. So we dance along the edge of the top resistance until we build enough power to jump over it.

we are not in a bull market. where did you get that idea?

Daily chart? Seems pretty bullish to me. I guess it depends on your definition.

Lately you seem to get excited about these low-volume shakeouts. You do realize they are meant to lock traders into poor positions.

billyjoeallen

legendary

Activity: 1106

Merit: 1007

Hide your women

Quote from: bassclef on March 13, 2015, 10:22:48 AM

no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300.

lot of usd swaps opened in the process, no cheap dolla' on bitfinex...

coins from auction went for a good price.

hidden bearish divergence showing up.

usd going ballistic.

but keep repeating that everything is ok, because I am ok with it. Cool

Can't believe I'm saying this but I'm starting to agree with Tarmi. We've lost the momentum. Breakout that I was expecting should have happened by now. I'm still long but not leveraged long.

tarmi

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Activity: 1232

Merit: 1011

no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300.

lot of usd swaps opened in the process, no cheap dolla' on bitfinex...

hidden bearish divergence showing up.

usd going ballistic.

but keep repeating that everything is ok, because I am ok with it. Cool

Not enough ammo to go down, that's what defines a bull market. So we dance along the edge of the top resistance until we build enough power to jump over it.

we are not in a bull market. where did you get that idea?

bassclef

hero member

Activity: 924

Merit: 1000

Quote from: michaelGedi on March 13, 2015, 09:44:26 AM

no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300.

lot of usd swaps opened in the process, no cheap dolla' on bitfinex...

hidden bearish divergence showing up.

usd going ballistic.

but keep repeating that everything is ok, because I am ok with it. Cool

Not enough ammo to go down, that's what defines a bull market. So we dance along the edge of the top resistance until we build enough power to jump over it.

tarmi

legendary

Activity: 1232

Merit: 1011

no, it's not a win win because a lot of ammo was spent for 4 attempts to break 300.

lot of usd swaps opened in the process, no cheap dolla' on bitfinex...

coins from auction went for a good price.

hidden bearish divergence showing up.

usd going ballistic.

but keep repeating that everything is ok, because I am ok with it. Cool

bassclef

hero member

Activity: 924

Merit: 1000

Nothing has changed after the latest shakeout last night even if it was a little more severe than usual, giving bears more confidence.

To get this thing over $300 market needed to clear out more selling. Whales get thier longs filled cheap and enjoy less selling into the next rally attempt. It's a win win.

billyjoeallen

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Hide your women

Quote from: infofront on March 13, 2015, 09:34:59 AM

Quote from: LFC_Bitcoin on March 13, 2015, 09:23:04 AM

Chessnut gets more wrong than right.

I enjoy reading his analyses, and he seems to know EW really well. However, you're correct.

do you have data on his success/failures? or just based on looking at his posts? Wink

I have no idea, but he is a trader to talk to on these forums at the very least

EDIT, oh and don't forget billyjoeallen, he claims he's up 60% this year Shocked

No I don't. I'm doing pretty well, but not that good.

billyjoeallen

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Activity: 1106

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Hide your women

There is no such thing as a "successful" trader. There are traders who may go well one day and bad at another. Whoever claims for his/her error-less abilities he/she may as well claim the title of the bigger liar as well. I personally suck at trading. I must classify myself to the worst trader around; that's why I'm a perma-hodler ever since.

Well yeah, anyone who claims to never have been wrong is obviously FOS, but you can be wrong sometimes and still make profit. It's all about making more when you're right than you lose when you're wrong.