hi XTrade and friends, I've been focussing on Bitcoin and cryptocurrency trades for a while. So far so good. although I am eager to start building a medium term Gold position as soon as direction becomes clear. One of my reasons for changing to ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Goodnight, chonchy. This is tricky PA right here - you don't worry about it OK. Let it run out of it's steam and then we position when it has made up it's mind. Plenty of time. I have trend turning only 8 or 9 hours from now by drawing the triangle ...

Bitcoin technical analysis

me too, adding 0.1BTC to my long position as soon as it looks like a bottom is in. BTW - i was reading your posts all day, but not responding because I want to get a lot of writing done to earn more BTC. Price was really fighting between 835 and ...

Bitcoin technical analysis

hi chonchy, yes, price is like a cat on a hot tin roof. I can't say where it's going to stop - 825? 820? 800? But one thing is sure: it's running out of indicator space to the downside... it may shoot up from whatever low it puts in here... Does you ...

Bitcoin technical analysis

OK, I'm calling it a day. I enjoyed the conversation lady_luck. Good Luck to you and see you tomorrow.

Bitcoin technical analysis

Well said, there is more benefit than one in the change-over!

Bitcoin technical analysis

Indeed. But as always we have to beware of co-option - whereby some people (whether women or from minority groups) actually further the objectives and institutionalized power structures of the majority bosses. However, let's give her the benefit of ...

Bitcoin technical analysis

i don't know what is "normal" - if you know what i mean? I noticed this morning that Bitstamp had higher volume than MtGox - eventhough MtGox still had the higher price. So suddenly we have Huobi in the game and they're doing lots of volume (not ...

Bitcoin technical analysis

Yeah, so much so it's making me feel uncomfortable... where's the trick? I'm going create an "expectation buffer" like this: IF 'd' happens as expected and then 'e' also happens as expected THEN i will start thinking about the upside ...

Bitcoin technical analysis

It's easy to say: "Oh well, I'm so relaxed, I'm just going to let PA do it's thing..." Meanwhile, I'm watching it like a hawk and my mind is going tick-tock-tick-tock at a high rate! Here's another M15 chart (Gold PA faint in the background). I ...

Bitcoin technical analysis

Yep, she anticipated that move up well! Opening the first link, I clicked on "Load more bars" and PA went up right where BB said it would! The algo webinar looks interesting and I'm going to explore that tomorrow morning over coffee. Right now there ...

Bitcoin technical analysis

Thanks for saying about the coding - it's really simple - just some strong visual signals for divergence and (in RSI) "reverse divergence" (new indicator LL not confirmed by a price LL (and vice versa for HH)). This is definitely base building IMO - ...

Bitcoin technical analysis

I agreed to a fair rate (sorry can't say how much exactly, because of confidentiality) - their angle is new Bitcoin user (and miner) orientation and then some more indepth pieces about topical issues - blockchain integrity, regulation and its ...

Bitcoin technical analysis

funny business in the price action - the indicators are all pointing down, but the downside potential seems limited. edit: the faint bars are Gold's PA image

Bitcoin technical analysis

Oh, BTW, I was commisisoned today to write research articles for a cryptocurrency news site. They'll pay me in BTC. I'll post links to my articles here when they hit the screens! "Research Article"... that sounds very academic but i think it's just ...

Bitcoin technical analysis

Gold has been in a downtrend for some time so it's declines maybe last longer... What surprises me is the fact that they go down at the same time but Gold continues much further after Bitcoin has already turned up. I'm not sure if that would be ...

Bitcoin technical analysis

hehehe, that's like dcramer saying the other day that as soon as he tries to trade he starts losing money, if he just holds everything goes well! Happy you sold your coins - I will also cash out some coins soon so localbitcoins.com will be my best ...

Bitcoin technical analysis

Thanks for keeping us posted chonchy! @smartypants, I need some technical advice (code compilation) - if you see this please PM me

Bitcoin technical analysis

morning people, when overlaying the XAUUSD chart on BTCUSD, it is apparent that, in most cases, when BTCUSD makes a strong decline, XAUUSD also declines but continues declining after BTCUSD has turned up. This pattern is verifiable and may be a ...

Bitcoin technical analysis

... and these Tatooine Sunset coloured ones - I would pay a lot of money for those... maybe 0.1BTC image

Bitcoin technical analysis