{quote} edit : I might be missing one last wave up, but to me C seem to be now over... Will see in the next couple of hours.
oh Gahd! I think it's a vanilla impulse!
cryptocurrency everytime
- #3,421
- Apr 28, 2014 3:25pm Apr 28, 2014 3:25pm
- Joined Jul 2011 | Status: good | 4,295 Posts
oh Gahd! I think it's a vanilla impulse!
- #3,422
- Apr 28, 2014 3:34pm Apr 28, 2014 3:34pm
{quote} You know, i keep hoping for the downtrend to resume, but looking at that C wave on a 5 min chart... i think we've only now got wave 4 in - let's hope 5 doesn't extend!
{quote} I hope he makes a ton of money as a reward for being an unassuming genius and just such a great person to have around.
I hope as long as BTC is giving us some swing we'll have the chance to see more of his method - #3,423
- Apr 28, 2014 3:47pm Apr 28, 2014 3:47pm
- Joined Jul 2011 | Status: good | 4,295 Posts
{quote} Which part is an impulse ? From 412 ? Or just 5 of c ? {quote} Agreed
It seems about to break down but the wave structure is tiny! it's like EW for ants!
If this goes to 460 I'm going to feel so bad - why? - because there was no signal or evidence this was going to happen - it really does not give me a warm and fuzzy feeling when price starts becoming random
cryptocurrency everytime
- #3,424
- Edited 4:15pm Apr 28, 2014 4:05pm | Edited 4:15pm
{quote}It seems about to break down
Sorry, bad play on words aside, i Think I saw it too, this C is 1.6 of A.
Just had an other look, if there was a diagonal, it broke or need to be retrace. I'd go for broke.
Also, so far, LTCUSD gave me the feeling of moving ahead of BTC, and the H1 chart is pretty neat, no impulse, no diagonal and choppy overlapping structure.
- #3,425
- Apr 28, 2014 4:28pm Apr 28, 2014 4:28pm
- Joined Jul 2011 | Status: good | 4,295 Posts
{quote} Nerves or wave ?
Nerves, wave, break down...
OK, i can't stay awake any longer - see you tomorrow
cryptocurrency everytime
- #3,426
- Apr 28, 2014 7:10pm Apr 28, 2014 7:10pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
{quote} So far the count fits, doesn't it? I think this wave up is quite aggressive - even though in my analysis article this morning i said "retrace to 440" i didn't actually expect it! Nevermind, it is consistent with a PA pattern in the previous wave down, so we just wait for the drop. BTC-e M5 {image}
I had it going to 434....L_L was WAY out with 436, it went to 437.
Nice to see we 3 are in Sync'
Now lets find the next target to the South..
Wish I had been awake & joining in the conversation last night
Money Makes Money
- #3,427
- Apr 28, 2014 8:08pm Apr 28, 2014 8:08pm
{quote} "Mornin' all. I had it going to 434....L_L was WAY out with 436, it went to 437.
Haha
You were there in spirit Numbers from Btce,
My first theory is his is a wave II. then the target would be the fib 0.786 of wave I (from 340 to 545) = 388
My second option would be the subwave count, and an extended wave v. Being equal to the sum of wave 1 to 3 from the top of 4. 457-(505-431)=383
And I said 386 before because it's conveniently in between
and because I have found some previous resistance l line there.
- #3,428
- Apr 28, 2014 8:18pm Apr 28, 2014 8:18pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
{quote} Morning
Money Makes Money
- #3,429
- Apr 28, 2014 8:23pm Apr 28, 2014 8:23pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,430
- Apr 28, 2014 8:27pm Apr 28, 2014 8:27pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,431
- Apr 28, 2014 8:30pm Apr 28, 2014 8:30pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Watching the PA. There are more retrace targets above.????They are what I call hard & extreme targets, but PA suggests an attempt may be made to get to them.????? {image}
Money Makes Money
- #3,433
- Apr 28, 2014 8:38pm Apr 28, 2014 8:38pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,434
- Apr 28, 2014 8:45pm Apr 28, 2014 8:45pm
{quote} I just drew a "Barrier" line to stop it at 435...
About mt4, I'm not sure, if it moved the same %, i don't see any reason why..
- #3,435
- Apr 28, 2014 8:49pm Apr 28, 2014 8:49pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,436
- Apr 28, 2014 9:08pm Apr 28, 2014 9:08pm
Btc-e charges both commissions & spread which is CFD broker bullshit. I would rather switch to AVA trader but they still only trade 24/5..Bugga. The sooner more FOREX brokers come on line trading Cryptocoins 24/7 the better.
On that note, good night, will see under what price mayhem I'll wake upon
- #3,437
- Apr 28, 2014 10:18pm Apr 28, 2014 10:18pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Speculation........
Money Makes Money
- #3,438
- Apr 28, 2014 10:58pm Apr 28, 2014 10:58pm
- Joined Jul 2011 | Status: good | 4,295 Posts
Speculation........
$10,000 seems a magnet doesn't it? And according to Bitcoin's 7 month topping cycle, we should see that in March 2015.
So if it does top on 25 Jul then we can catch the short ride to $400 and position for the trade of our careers
nevermind a $10,000 wave, i think this coming move to $4000 is a great opportunity and I'm going to apply my MM and risk control like never before. The first thing is getting a clean, optimal entry as low as possible, i guess...
cryptocurrency everytime
- #3,439
- Apr 28, 2014 11:07pm Apr 28, 2014 11:07pm
- Joined Jul 2011 | Status: good | 4,295 Posts
cryptocurrency everytime
- #3,440
- Apr 29, 2014 1:08am Apr 29, 2014 1:08am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money