The weak hands are soon emptied...
I've read that twice a week for the last 3 months or so.
and you will keep reading it..
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33080. (Read 26496968 times)
June 18, 2013, 05:35:44 PM
I've read that twice a week for the last 3 months or so.
and you will keep reading it..
June 18, 2013, 05:31:14 PM
The weak hands are soon emptied...
I've read that twice a week for the last 3 months or so.
June 18, 2013, 05:09:30 PM
today it seems like a remote possibility
Today was important, because it broke the downtrend channel from 136 and delievered confidence.
But you can have two viewpoints: it was a deserate try to move up which failed or you say today was the first baby step outside again. Two steps ahead, one step back..
June 18, 2013, 05:09:22 PM
we touched 99.99 @ bitstamp 15 minutes ago
June 18, 2013, 05:09:06 PM
Question to everybody:
How did your sentiment change after today? Would you rate it more bullish or bearish to see the price rise quite fast from 98-100 to 113 and drop back down to 104-106?
How did your sentiment change after today? Would you rate it more bullish or bearish to see the price rise quite fast from 98-100 to 113 and drop back down to 104-106?
I think the day is described by the day. We apparently are coming out of a down trend where many people (including me) are short term bearish.
The big up to the day was short term bullish (all things considered) but that pullback was a confirmation of what we already thought we were in. See my post above, clear reversal signal.
Volume is key (however I must say this market is easily manipulated).
Anyway, I say we are moving down as originally planned.
The question is when (if our hunches are right).
IAS
June 18, 2013, 04:58:40 PM
The weak hands are soon emptied...
June 18, 2013, 04:48:38 PM
Question to everybody:
How did your sentiment change after today? Would you rate it more bullish or bearish to see the price rise quite fast from 98-100 to 113 and drop back down to 104-106?
How did your sentiment change after today? Would you rate it more bullish or bearish to see the price rise quite fast from 98-100 to 113 and drop back down to 104-106?
at first my prediction was unbelievable, even bullish people were loling at me
today it seems like a remote possibility
tomorrow....
well you get the picture.
June 18, 2013, 04:40:43 PM
Today for a while I started to increase the number of long short term positions.
I except a resistance @110$ and trading range 105/110 (+/- 1).
Sounds right for you?
I stuck to my plans. Sold at 111 from 104 almost allin, then shorted (20%) from 109 to 106. Now I except boring noise and low volumes. Double quick wins today. I except a resistance @110$ and trading range 105/110 (+/- 1).
Sounds right for you?
June 18, 2013, 04:24:05 PM
Well, sold some at $108.5 and bought back in. Only made 1 BTC, but hey, they say it will be worth $300k one day this year, perhaps it wasn't so bad after all. Now I just need to repeat this 99 more times and I'll have earned myself a supernode worth of coins.
June 18, 2013, 04:23:35 PM
Question to everybody:
How did your sentiment change after today? Would you rate it more bullish or bearish to see the price rise quite fast from 98-100 to 113 and drop back down to 104-106?
How did your sentiment change after today? Would you rate it more bullish or bearish to see the price rise quite fast from 98-100 to 113 and drop back down to 104-106?
June 18, 2013, 04:14:03 PM
I like to doodle on charts.
June 18, 2013, 04:07:37 PM
Inverted Hammer and Shooting Star
The Inverted Hammer and Shooting Star look exactly alike, but have different implications based on previous price action. Both candlesticks have small real bodies (black or white), long upper shadows and small or nonexistent lower shadows. These candlesticks mark potential trend reversals, but require confirmation before action.
The Shooting Star is a bearish reversal pattern that forms after an advance and in the star position, hence its name. A Shooting Star can mark a potential trend reversal or resistance level.
The Inverted Hammer and Shooting Star look exactly alike, but have different implications based on previous price action. Both candlesticks have small real bodies (black or white), long upper shadows and small or nonexistent lower shadows. These candlesticks mark potential trend reversals, but require confirmation before action.
The Shooting Star is a bearish reversal pattern that forms after an advance and in the star position, hence its name. A Shooting Star can mark a potential trend reversal or resistance level.
112-114 is a significant resistance level so it's not that strange it bounced off from that and we can see the resemblance of a shooting star candle forming on the D1. The day is not over yet though so the candle might look very differently in the end. It already looks more and more like a regular candle.
June 18, 2013, 04:05:22 PM
Ok so you were lucky and now want to try the same trick again. I will watch you panic buy at 110 tomorrow. 
The fact is that it's too early for stable $110 now. But time will tell.
Why are your names so similar?
of course we are the same person! I'm trolling myself!
June 18, 2013, 04:03:08 PM
Ok so you were lucky and now want to try the same trick again. I will watch you panic buy at 110 tomorrow.
The fact is that it's too early for stable $110 now. But time will tell.
Why are your names so similar?
June 18, 2013, 04:00:51 PM
Ok so you were lucky and now want to try the same trick again. I will watch you panic buy at 110 tomorrow.
The fact is that it's too early for stable $110 now. But time will tell.
We need whales to erase their shit first. We need all people to be strong then. We need more time to forget the post-bubble stress. And we need more good news after that.
June 18, 2013, 04:00:15 PM
June 18, 2013, 03:58:39 PM
Yeah yeah we know you sold at 100 freedomizer and want to buy back in at 50. Tough luck.
No, I bought at 102 and sold at 108.5 today
Ok so you were lucky and now want to try the same trick again. I will watch you panic buy at 110 tomorrow.
June 18, 2013, 03:56:57 PM
Inverted Hammer and Shooting Star
The Inverted Hammer and Shooting Star look exactly alike, but have different implications based on previous price action. Both candlesticks have small real bodies (black or white), long upper shadows and small or nonexistent lower shadows. These candlesticks mark potential trend reversals, but require confirmation before action.
The Shooting Star is a bearish reversal pattern that forms after an advance and in the star position, hence its name. A Shooting Star can mark a potential trend reversal or resistance level. The candlestick forms when prices gap higher on the open, advance during the session and close well off their highs. The resulting candlestick has a long upper shadow and small black or white body. After a large advance (the upper shadow), the ability of the bears to force prices down raises the yellow flag. To indicate a substantial reversal, the upper shadow should relatively long and at least 2 times the length of the body. Bearish confirmation is required after the Shooting Star and can take the form of a gap down or long black candlestick on heavy volume.
Pretty close to this:
The Inverted Hammer and Shooting Star look exactly alike, but have different implications based on previous price action. Both candlesticks have small real bodies (black or white), long upper shadows and small or nonexistent lower shadows. These candlesticks mark potential trend reversals, but require confirmation before action.
The Shooting Star is a bearish reversal pattern that forms after an advance and in the star position, hence its name. A Shooting Star can mark a potential trend reversal or resistance level. The candlestick forms when prices gap higher on the open, advance during the session and close well off their highs. The resulting candlestick has a long upper shadow and small black or white body. After a large advance (the upper shadow), the ability of the bears to force prices down raises the yellow flag. To indicate a substantial reversal, the upper shadow should relatively long and at least 2 times the length of the body. Bearish confirmation is required after the Shooting Star and can take the form of a gap down or long black candlestick on heavy volume.
Pretty close to this:
June 18, 2013, 03:55:14 PM
Yeah yeah we know you sold at 100 freedomizer and want to buy back in at 50. Tough luck.
No, I bought at 102 and sold at 108.5 today
June 18, 2013, 03:54:21 PM
Yeah yeah we know you sold at 100 freedomizer and want to buy back in at 50. Tough luck.
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