hehehe lady_satoshi or is it satoshi_luck trading and posting at FF - whoohoo!

Bitcoin technical analysis

great application of the EWP, emptymind!

Bitcoin technical analysis

happy birthday yesterday, chonchy! the conversation is great because these are issues we have to consider. And as you say, sometimes the movies seem fantastical, but there is nothing new under the sun! I tell you, having grown up in South Africa ...

Bitcoin technical analysis

Good point to raise... I think the personality of the Bitcoin chart shows a certain trading style amongst the top BTC traders. Just like the GBPUSD and the CHFUSD look different, so the Bitcoin has a "look" with these crazy rallies and deep ...

Bitcoin technical analysis

i'm catching up on the conversation - was having dinner... yes, on tradingview the same thing, looks like someone dropped a ton of Gold in the market - (or a ton of paper) You guys know, I'm not so clever with all the mysteries in the world, and i ...

Bitcoin technical analysis

nice one - looks good! agree with you about 5 of 3 not yet showing in MACD... i reckon we go up again to new highs - this dip was pure profit taking since there is not any sign of bad news out there...

Bitcoin technical analysis

maybe by some miracle this is what we get: image

Bitcoin technical analysis

chonchy, i also see that gap on the daily but it's not there on 4H. So far your MA method has worked well so I'm assuming you're right: blue or choco - I think choco...

Bitcoin technical analysis

hi lady_luck, well yes, if the economy is going to implode then we're all back in the stone age so these guys going on about apocalypse must enjoy themselves while they can! We don't know what's coming so any wave could go in any direction - i ...

Bitcoin technical analysis

hi Meskun, i get 1:3 leverage with BTC-e via their MT4 offering - it's not much but better than nothing.

Bitcoin technical analysis

hi KO, thanks for sharing. those figures look about right. When Bitcoin starts rallying its scary. I've got indicators in all TFs below daily bending over backward with divergence - for several days now, but daily says at least the ATH is target. So ...

Bitcoin technical analysis

sounds like a sensible amount to transfer to BTC-e. Yep you've got an RSI indicator on that chart - it can be your best friend in terms of predicting direction - so do read about it at babypips.com (i did that whole course and sometimes refresh on ...

Bitcoin technical analysis

Good for you and enjoy the ride - there is no clear sign it's about to stop... What would make you to exit your position and take profit? Or are you perhaps thinking of not taking profit and adding?

Bitcoin technical analysis

lady_luck, this is a valid count and may very well be what's happening. If we consider the count you show then 2 questions jump out at me: 1) Where is the big money? Presumably it's not the newly arrived big players who took BTC to the ATH. I don't ...

Bitcoin technical analysis

hi Ozes, Like XTrade I would say babypips.com is mandatory reading - they have a very good trading "school" where every aspect of trading is discussed and illustrated. However, since you're already into Bitcoin and have an account, I suggest you ...

Bitcoin technical analysis

hi XTrade! Happy New Year and good to see you here! I think chonchy and KiwiOz were the only traders here to get in around the 600's - some of us were expecting a correction once PA hit a upper channel TL ... but BTC surprised us by jumping channel ...

Bitcoin technical analysis

chonchy, I agree with your analysis: the H1 and H4 show a pullback is due, and Daily shows there is a lot of room to the upside without any indicator going overbought or diverging. The downside risk is small IMO - a technical pullback and boom! to ...

Bitcoin technical analysis

I'm reminded of the time when I held 0.4 BTC with MtGox and price hit $67 and I sold again at $110 expecting it to go to $50... those were one of my first charts in this thread... and by $260 I still hadn't bought back in - expecting BTCUSD to ...

Bitcoin technical analysis

myelbow4, Welcome and Good Luck with the trade!

Bitcoin technical analysis

incredible defiance of indicator divergence at every timeframe! M5 RSI, MACD and Stochs say BTCUSD is past topping and should correct Except: Daily says no stopping this trend for another $500 - could this be true? BTCUSD (MtGox) H4 - (red dots ...

Bitcoin technical analysis