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venzen replied Dec 1, 2013anything below $450-$500 is a buy. Although price going above $1000 may indicate a new wave up is underway.
Bitcoin technical analysis
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venzen replied Dec 1, 2013hehehe, very good: 10 kinds of people...
My experience also, a buddy might call and say: "so I've installed Linux - so far so good - but i can't see my files from Windows anywhere..." and: "How do i install MS Office Suite on this? Becaue Open ...Bitcoin technical analysis
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venzen replied Dec 1, 2013and this is the sad thing for us small fish - despite regulation and quality assurance, the retail brokers can legitimately do this and we have zero recourse.
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Dec 1, 2013KO, this is an interesting count. Thanks for posting. I just cannot be certain of Gold's intentions or the seasonal effects on PA. I've noticed a tendency iin previous years for Gold to rally thriugh December, but this is not sufficient reason for ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Dec 1, 2013hi smartypants, Welcome. Ah yes the Linux paradox: most people don't know enough about OS to use Linux without getting frustrated or aggravated, but without making the change they're going to remain stuck with a non-standards compliant relic of the ...
Bitcoin technical analysis
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venzen replied Dec 1, 2013PA is fragmenting... trend is undergoing the first stages of breakdown into decline. You can see how people are thinking: "This is a correction, I have to get in here so i don't miss the rocket to 1400!" And others are seeing the vascillation and ...
Bitcoin technical analysis
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venzen replied Dec 1, 2013Chonchy, Thanks for the posts. I'm not fully online today due to internet problems in Thailand. I just read the Bitcoin Forum post where the guy says: "I believe Bitcoin can go to $70-$100..." and another guy's saying: "One day when it goes to ...
Bitcoin technical analysis
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venzen replied Nov 30, 2013XT, i intend to check the link as soon as my country internet is back to normal. Thailand's internet backbone is disconnected due to protests in the capital. No major worry... some party politics. When a buddy abroad asked me what's going on via ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 30, 2013Saturday morning fun
I see the market is pushing PA above 1200 again but it's unlikely to hold. An ending diagonal is final - it may be acting only for this wave up which could then see another push up to 1300/1400 but the double top formation ...Bitcoin technical analysis
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venzen replied Nov 29, 2013Morning all, Seems the moment has arrived. BTCUSD is forming an ending diagonal and simultaneous double top: The target looks to be around 1240 and the subsequent correction may be swift. I am not sure what the downside target is, because there is ...
Bitcoin technical analysis
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venzen replied Nov 29, 2013Morning all, I agree with your assessment, XT, except on the point of Gold ownership. Why? Because I think the problem is country specific - meaning the hyperinflation is fenced in by the country borders and the logistics of survival are therefore ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 29, 2013Amazing upside push - this is not an ending diagonal because there is no overlapping of waves 1 & 4 - it appears to be an extended 5th wave now in subwave 4. Judging from previous advancing waves the 5th subwave is also likely to extend. I don't ...
Bitcoin technical analysis
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venzen replied Nov 28, 2013hi Ssm, exactly, that document helped me better understand the different forces acting on different types of currency. It's not just one effect across the board, instead there are contextual forces that are at play - and sometimes more than one ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 28, 2013Hi Fidza, There will be a significant correction in the coming weeks. However, I think the mainstream's pessimism of Bitcoin is about to be proved wrong. Even those who already own Bitcoins and are participants in the current uptrend could be ...
Bitcoin technical analysis
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venzen replied Nov 28, 2013apologies, off-topic, but just to make a logical conclusion to my previous post, I'm using the GU example discussed in the paper I posted previously: BoE is failing to tighten monetary policy by raising rates, so the market is doing the tightening ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 28, 2013morning all, the Yen pairs and GU are really defying indicators to the upside, but i'm cautious to join the trend at this stage or to even step in front of it with a short position - with the Yen it's unprecedented printing and Nikkei stock mania. ...
XAU/USD & XAG/USD - Gold & Silver Traders Thread
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venzen replied Nov 28, 2013Thanks for the well wishes. Give Thanks and Praise!
Bitcoin technical analysis