- Search Crypto Craft
- 38 Results
- DonPato replied Jan 14, 2020
I'm grateful you found this thread valuable. Please contribute or ask any questions to clarify. Looking forward to hearing from you again soon.
- DonPato replied Dec 31, 2019
I'm not sure I understand what you are asking. The post you quote is simply an explanation of liquidity. Are you looking for a tool to see market depth?
- DonPato replied Aug 29, 2019
Always good to take profits...one never goes broke taking profits.
- DonPato replied Aug 28, 2019
The image is a daily chart of BTC/USD. It gives a clear picture of what happens when stops are all hit at once creating a huge selling Cascade in the order flow. Price goes "whoosh".
- DonPato replied Aug 28, 2019
Thar' she blows!!
- DonPato replied Aug 28, 2019
I imagine this is why many buyers are defending the lows over the past few weeks. I agree if the stops below this area are run a big "woosh" lower will occur.
- DonPato replied Aug 27, 2019
Yes Price is pushing lower (at least at the moment) but we are still in the overall range. I have moved my price into what I refer to as the "danger zone". It is now vulnerable to a "FU stop" where my stop is taken then price turns and goes my way ...
- DonPato replied Aug 26, 2019
You have a nice well defined range to play with.
- DonPato replied Aug 26, 2019
Zzzzz Yep...the lazy days of summer.
- DonPato replied Aug 26, 2019
Yes... I've been holding short the last two weeks... waiting to see if buyers poop out and price drops below the July lows... not looking good so far.
- DonPato replied Aug 26, 2019
Just an update... looking at the market on my cell phone while I do laundry. Volume is now increasing as price falls from the day's highs and has now surpassed the volume on Friday's volatile day. Still holding short
- DonPato replied Aug 26, 2019
Good day all...just a quick update on this infernal bitcoin trade....still waiting...waiting...waiting. It seems clear that there are very few sellers around the 10,000 level, but what I also find odd is that there are also very few buyers as well. ...
- DonPato replied Aug 21, 2019
As I stated above I am quite aware of this...however each of the markets you mentioned (with the possible exception of the indexes) is BACKED by something. The treasuries - Govt...the commodities are the actual item you are trading...whether or not ...
- DonPato replied Aug 21, 2019
Hello again friends...looking at my one and only bitcoin trade it would appear that my original analysis (stated here) was correct: image Price is now testing the last low and I will be very interested in seeing how this develops. I have moved my ...
- DonPato replied Aug 16, 2019
We'll done Auricforecas!! I love it when that happens. You feel very powerful
- DonPato replied Aug 16, 2019
Looks like there is profit taking at the end of the week on the swing short positions. I'm still expecting another leg down to test the bottoms but also think there will be a move higher at the beginning of the week to come to test a zone midway ...
- DonPato replied Aug 15, 2019
And herein lies my "issue" with crypto in general. I completely understand the way that markets work generally, but with crypto exchanges I am in the dark. We are buying and selling something that literally doesn't exist. Not even in an electronic ...
- DonPato replied Aug 15, 2019
This morning's look at my BitCoin Short: image While selling still remains dominant, some buying has come in near the higher end of the range bottom...I suspect short term shorts taking profit. I too am tempted to take profit ahead of this bottom, ...
- DonPato replied Aug 14, 2019
Very well said auricforecas...I can't add anything. You've cut to the heart of trading. Again I thank you for your encouragement.
- DonPato replied Aug 14, 2019
Thank you for the encouraging words...I appreciate your sentiment...especially after my very public screw up on Gold (that one was live)....oh well. It is what it is. My methodology still works even if I lose...