BTW, today is 3 months from the bubble pop. And also wednesday 
Let's celebrate it, bears!
Let's celebrate it, bears!
hehe, 3 month runup, 3 month pop... what now?
megapop
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32984. (Read 26610780 times)
July 10, 2013, 10:00:19 AM
hehe, 3 month runup, 3 month pop... what now?
megapop
July 10, 2013, 10:00:15 AM
BTW, today is 3 months from the bubble pop. And also wednesday
Let's celebrate it, bears!
Let's celebrate it, bears!
Wow, 3 months. Its been emotional.
July 10, 2013, 09:53:54 AM
BTW, today is 3 months from the bubble pop. And also wednesday
Let's celebrate it, bears!
Let's celebrate it, bears!
hehe, 3 month runup, 3 month pop... what now?
July 10, 2013, 09:39:45 AM
BTW, today is 3 months from the bubble pop. And also wednesday
Let's celebrate it, bears!
Let's celebrate it, bears!
July 10, 2013, 09:01:00 AM
July 10, 2013, 08:34:13 AM
I sort of follow you but I hadn't been using short term periods like that.
This is a bit over my head actually
How is the period (short or long) related to the effect on sell offs? (or buys)
I thought it didn't matter, it was all in the order book (for the most part).
I think that this makes sense for day trading (if sufficient daily volatility)This is a bit over my head actually
How is the period (short or long) related to the effect on sell offs? (or buys)
I thought it didn't matter, it was all in the order book (for the most part).
And of course, daily traders he must know: where the support and resistance is too.
Exactly when he react to the first signal, you can throw away a lot of percent profit.
But I think now it was clear with 2.5k "bomb" at 79 and almost 9k "resistance" at 80 ...
however, it will be interesting how low the price gets now!
?
He probably knew also, that we can't stay long time in this "mini triangle".
We must go up above 78.5 or lower than 76 - 77, otherwise, the volume decreases and we will wait for further developments.
July 10, 2013, 08:31:42 AM
Thanks Dalib, really interesting and I understand now (I do well with pictures)
Gives me something to keep an eye on...
Gives me something to keep an eye on...
you're welcome
July 10, 2013, 08:20:53 AM
I sort of follow you but I hadn't been using short term periods like that.
This is a bit over my head actually
How is the period (short or long) related to the effect on sell offs? (or buys)
I thought it didn't matter, it was all in the order book (for the most part).
This is a bit over my head actually
How is the period (short or long) related to the effect on sell offs? (or buys)
I thought it didn't matter, it was all in the order book (for the most part).
I think that this makes sense for day trading (if sufficient daily volatility)
And of course, daily traders he must know: where the support and resistance is too.
That second square (SELL) is pretty tricky, you could end up selling too early and then end up getting a loss at next BUY.
July 10, 2013, 08:18:18 AM
Thanks Dalib, really interesting and I understand now (I do well with pictures)
Gives me something to keep an eye on...
Gives me something to keep an eye on...
July 10, 2013, 08:02:32 AM
Ignored.
July 10, 2013, 08:00:54 AM
July 10, 2013, 07:52:31 AM
I did not understand earlier yesterday why someone yesterday bought 5k.
But then again I checked the RSI and MFI, and I have also seen that around 73 (72.51) was a "daily bottom" (15-30 min oversold).
By the way day trading with 3-5K BTC must be a lot of "risky entertainment"
But also quite fast money when the daily volatility greater than 5 preferred around 10% ...
But then again I checked the RSI and MFI, and I have also seen that around 73 (72.51) was a "daily bottom" (15-30 min oversold).
By the way day trading with 3-5K BTC must be a lot of "risky entertainment"
But also quite fast money when the daily volatility greater than 5 preferred around 10% ...
July 10, 2013, 07:44:52 AM
I sort of follow you but I hadn't been using short term periods like that.
This is a bit over my head actually
How is the period (short or long) related to the effect on sell offs? (or buys)
I thought it didn't matter, it was all in the order book (for the most part).
This is a bit over my head actually
How is the period (short or long) related to the effect on sell offs? (or buys)
I thought it didn't matter, it was all in the order book (for the most part).
I think that this makes sense for day trading (if sufficient daily volatility)
And of course, daily traders he must know: where the support and resistance is too.
July 10, 2013, 07:40:36 AM
I sort of follow you but I hadn't been using short term periods like that.
This is a bit over my head actually
How is the period (short or long) related to the effect on sell offs? (or buys)
I thought it didn't matter, it was all in the order book (for the most part).
This is a bit over my head actually
How is the period (short or long) related to the effect on sell offs? (or buys)
I thought it didn't matter, it was all in the order book (for the most part).
July 10, 2013, 07:30:55 AM
I don't understand that sell off. I saw the price bottomed at 75 and then immediately went back to 77
IAS, I think it sold well see that the price is at the top for now and he made a dump until it is under price great demand. He needed the advantage of the first signal.If he was waiting for more signals (MACD, EMA), we'd have fallen below the with 3K sell market order.
I'm not sure I understand you. Are you saying it was a mis-timed sell?
Yes, but this is short time
See how, daily peaks and lows correspond to 15-30 min oversold and overbought (According MFI and RSI).
http://bitcoincharts.com/charts/mtgoxUSD#rg5zig30-minztgSza1gEMAzm1g10za2gEMAzm2g25zxzi1gMACDzi2gRSIzi3gMFIzv
and large waves (like break at 66) with your (daily) chart as http://bitcoincharts.com/charts/mtgoxUSD#rg60ztgSzm1g10zm2g25zi1gMACDzi2gSStochzi3gMFIzi4gStochRSIzv
July 10, 2013, 07:28:10 AM
I don't understand that sell off. I saw the price bottomed at 75 and then immediately went back to 77
IAS, I think it sold well see that the price is at the top for now and he made a dump until it is under price great demand. He needed the advantage of the first signal.
If he was waiting for more signals (MACD, EMA), we'd have fallen below the with 3K sell market order.
I have the money flow as being bottomed around 20. (http://bitcoincharts.com/charts/mtgoxUSD#rg60ztgSzm1g10zm2g25zi1gMACDzi2gSStochzi3gMFIzi4gStochRSIzv)
I'm not sure I understand you. Are you saying it was a mis-timed sell?
July 10, 2013, 07:22:39 AM
I don't understand that sell off. I saw the price bottomed at 75 and then immediately went back to 77
Of course it did, there's almost no bid volume down to 75.5 right now.
Good luck selling anything near current price if you want to dump.
I should have looked at the depth. Only 232 to $76.
And 743 to $75.50
And 1850 to $75
That filled in awfully quick considering we were just there, no?
July 10, 2013, 07:22:09 AM
I don't understand that sell off. I saw the price bottomed at 75 and then immediately went back to 77
IAS, I think it sold well see that the price is at the top for now and he made a dump until it is under price great demand. He needed the advantage of the first signal.
If he was waiting for more signals (MACD, EMA), we'd have fallen below the with 3K sell market order.
That it was the right decision at the right time when he needed to quickly sell 3k over 75
July 10, 2013, 07:17:55 AM
I don't understand that sell off. I saw the price bottomed at 75 and then immediately went back to 77
Of course it did, there's almost no bid volume down to 75.5 right now.
Good luck selling anything near current price if you want to dump.
July 10, 2013, 07:13:37 AM
I don't understand that sell off. I saw the price bottomed at 75 and then immediately went back to 77
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