- Search Energy EXCH
-
venzen replied Dec 6, 2013hi Ramses! Good to see ya! Great charts and love to see the EW unfold as you have it there. You know, it's funny, because disruptive tech like Bitcoin rocks the boat, it polarizes people into 'nationalistic' camps - us vs them. So all kind of ...
Bitcoin technical analysis
-
venzen replied Dec 6, 2013
thanks FlashCall! The world laughs with you! image Bitcoin technical analysis
-
venzen replied Dec 6, 2013dr_who, you make some pointed remarks and raise some valid issues. At this stage, the glass is either half empty or half full. I'm interested to see which way destiny will swing for Bitcoin and crypto-currency. Maybe they'll nail it down with ...
Bitcoin technical analysis
-
venzen replied Dec 6, 2013bad lucky chonchy... wait for the sell-off (profit taking) to finish and when we see confirmation of the return of the uptrend we get in long to 1440!
Bitcoin technical analysis
-
venzen replied Dec 6, 2013hi all, A quick data dump for a round-up of the week. Unexpected news from China, some news of adoption spreading, oh, and suddenly BoA are big fans and forecast Bitcoin $1,300! Can't beat 'em join 'em, eh? (news links courtesy of vest007 at ...
Bitcoin technical analysis
-
venzen replied Dec 5, 2013China bars banks from bitcoin transactions hence the drop today and the constant profit-taking... RSI reverse divergence from H1 and higher TFs, says the next high might be the last one before a larger correction. ... just thinking about PBOC's ...
Bitcoin technical analysis
-
venzen replied Dec 5, 2013you're right he wouldn't be able to know that kind of thing, but IMO it's like most cases of alleged manipulation - there has to be incentive and at least some direct or indirect benefit - the banks are too busy fumbling over oneanother and trying ...
Bitcoin technical analysis
-
venzen replied Dec 5, 2013you can execute limit and stop orders in your MT4 order entry screen - no need to buy/sell at market price everytime! mind the limit/stop orders though - you don't want them triggered by a spike!
Bitcoin technical analysis
-
venzen replied Dec 5, 2013Thanks for the suggestion, chonchy, but I considered it carefully and think it is better that I do not accept any transactions. It can get messy later because we don't know what the future holds and a record of accepting donations could be construed ...
Bitcoin technical analysis
-
venzen replied Dec 5, 2013thanks SP, i was so busy eulogizing i didn't update the chart! edit: the drop triggered a short order and it hit my TP just below 900 (BTC-e pricing) - back to eulogizing i guess!
Bitcoin technical analysis
-
venzen replied Dec 5, 2013grin, You ask intelligent questions. Briefly, to clarify my angle and dismiss any preconceptions you might have: I'm not a gold bug, not a Bit bug and I'm not foaming at the mouth about fiat - it's going to be with us for a while still. Ok, so with ...
Bitcoin technical analysis
-
venzen replied Dec 5, 2013hi Goldenshot, i see theRhodie has already given you some thoughts. Like he says, the geomteric and circular techniques have no methodology - you just make it up as you go along in a way and some consistencies start showing up and eventually fade ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
-
venzen replied Dec 5, 2013Exactly. the notion of embedded timeless value is a security blanket. It's as if we are face-to-face with the reality of "perceived value". QE can do that. Or being stuck in Kathmandu with only a Visa card. Or trying to barter a bar of gold for a ...
Bitcoin technical analysis
-
venzen replied Dec 5, 2013very good! and welcome to the wonderful world of Bitcoin! 1mBTC, eh? image
Bitcoin technical analysis
-
venzen replied Dec 5, 2013take it easy with the language around here - this is a speculative instrument and it goes up and down. It does so in a manner that some think is exaggerated but so does GBPUSD in my opinion - or some EM currencies like USDZAR. We know from QE that ...
Bitcoin technical analysis
-
venzen replied Dec 4, 2013A good case in point for all those thinking to listen to old Nick and speculate with their hard-earned cash in the markets: Isaac Newton lost his 1 lot speculating in the South Sea bubble and, ironically, had his own lesson in "market gravity". What ...
Bitcoin technical analysis
-
venzen replied Dec 4, 2013the concern and milk of human kindness for Bitcoin speculators is really heart-warming... you're right shoplogix, how did i, a barefoot country boy, end up an adult placing speculative bets on whether an instrument would increase or decrease in ...
Bitcoin technical analysis
-
venzen replied Dec 4, 2013Olu thanks for the chart. drawn like that it seems the move up was wave C of a running flat and another 3wave move down could complete the expanding ending diagonal and give closure to the move.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
-
venzen replied Dec 4, 2013I like circular trendline studies and you cicumscribed the upmove well - it's a characteristic of impulses that they travel through a circle from NW to SE or SW to NE (as in this example) and make a pivotal touch right in the centre. The subsequent ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread