{quote} CoolI'm interested in the two greens and the cyan on your thru to thru. What kind of choices do you have for the anchors of each cycle ? Only the first two points ? If so, can you put them on the 20thaugust 2012 and see what happen ? Or do you choose the orange one first and then it automatically subdivide ? If so, could you move it to 26th of september 2013 and see what happen ? Sorry for asking, I just can't find this indicator on tview.
- #3,742
- May 14, 2014 8:34pm May 14, 2014 8:34pm
{quote} hello LL, i didn't choose anything. the analysis was fully automated so there was no subjectivity involved. it's not really an indicator. it is a standalone software program to do hurst cycles.
Is it only live feed or can you upload .csv files to that software ? It'd be great if we could compact the mtgox data from 2011 to the bitstamp one.
- #3,743
- May 15, 2014 2:29am May 15, 2014 2:29am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Enough, enough already.!!!!!!!!
Bear flag near completion.....
Bear flag near completion.....
Money Makes Money
- #3,744
- May 15, 2014 6:55am May 15, 2014 6:55am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,745
- May 15, 2014 8:39am May 15, 2014 8:39am
{quote} Hello
- #3,747
- May 15, 2014 9:43am May 15, 2014 9:43am
Thank you so much emptymind,
Great work !
Tell me if I'm wrong but these hint that november is only the the first wave of a cycle ending in 2015.
Also that the bottom is in, again. But we might not move/go a bit lower until 28th of may.
And the next peak would be around mid august.
Subjectively, I find the result more fitted for april 13',but it's also pretty close to the date I mentioned yesterday, so yeah subjectivity
Glad to see I'm not the only one feeling the stretch 
Great work !
Tell me if I'm wrong but these hint that november is only the the first wave of a cycle ending in 2015.
Also that the bottom is in, again. But we might not move/go a bit lower until 28th of may.
And the next peak would be around mid august.
Subjectively, I find the result more fitted for april 13',but it's also pretty close to the date I mentioned yesterday, so yeah subjectivity
Enough, enough already.!!!!!!!! Bear flag near completion.....
- #3,748
- Edited 12:16pm May 15, 2014 11:25am | Edited 12:16pm
thanks LL... i leave the interpretation of the chart up to you. makes sens after touching 100K sometime in 2015 you would get a correction.
market is near the lower channel line (40 day channel)
market is near the lower channel line (40 day channel)
- #3,749
- May 15, 2014 3:08pm May 15, 2014 3:08pm
- Joined Aug 2007 | Status: The Bitcoiner | 20,231 Posts
Enough, enough already.!!!!!!!! Bear flag near completion.....
The Chonchy
- #3,751
- Edited 8:56pm May 15, 2014 6:42pm | Edited 8:56pm
this is my conservative target for july 20 something
actually the minimum dark blue wave 3 should be just a tick more than dark blue wave 1........... so the minimum target is:
bitstamp numbers:
wave 0 = 2.22
wave 1 = 259.34
wave 2 = 45
wave 3 = ?
(ln(259.34)-ln(2.22))+ln(45)=5,256.89 + 0.01 USD (minimum dark blue wave 3 target)
actually the minimum dark blue wave 3 should be just a tick more than dark blue wave 1........... so the minimum target is:
bitstamp numbers:
wave 0 = 2.22
wave 1 = 259.34
wave 2 = 45
wave 3 = ?
(ln(259.34)-ln(2.22))+ln(45)=5,256.89 + 0.01 USD (minimum dark blue wave 3 target)
- #3,752
- May 15, 2014 7:31pm May 15, 2014 7:31pm
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,753
- Edited 9:28pm May 15, 2014 8:17pm | Edited 9:28pm
btc china had the wave 5 ending above wave 3. that's fine just means wave 5 was truncated/failed
market tried to hide this impulse wave
it's only a matter of some time before the larger cycles "kick in". imo shorting at this time is financial suicide
i think bitcoin will breakout of the downtrend within 2 days
- #3,754
- May 15, 2014 9:55pm May 15, 2014 9:55pm
- Joined Jul 2011 | Status: good | 4,295 Posts
I got so stressed by this wave crawling to the invalidation zone that I got ill ! 
Woke up with a cold sweat this morning, glanced over at my MT4 mobile (next to my collection of medicine) and saw price start dropping back to the decline TL...
It's either going to test and keep correcting higher for longer or it's going to penetrate and resume decline...
Must say... I feel a lot better now, but if price goes up again I might just need to go lie down!
Woke up with a cold sweat this morning, glanced over at my MT4 mobile (next to my collection of medicine) and saw price start dropping back to the decline TL...
It's either going to test and keep correcting higher for longer or it's going to penetrate and resume decline...
Must say... I feel a lot better now, but if price goes up again I might just need to go lie down!
cryptocurrency everytime
- #3,755
- May 15, 2014 10:03pm May 15, 2014 10:03pm
- Joined Jul 2011 | Status: good | 4,295 Posts
cryptocurrency everytime
- #3,756
- May 16, 2014 12:51am May 16, 2014 12:51am
- | Commercial User | Joined Sep 2013 | 2,500 Posts
Money Makes Money
- #3,757
- May 16, 2014 12:53am May 16, 2014 12:53am
- Joined Jul 2011 | Status: good | 4,295 Posts
BTC-e H1 shows price sticking to the top of the decline TL.
Price is also wrestling with the Bollinger Band midline. Just below is the red 200 MA... a lot at stake but the indicators are already oversold, so more upside may result, although it won't get far... the market just seems to lack the momentum to escape the magnetic targets below.
Price is also wrestling with the Bollinger Band midline. Just below is the red 200 MA... a lot at stake but the indicators are already oversold, so more upside may result, although it won't get far... the market just seems to lack the momentum to escape the magnetic targets below.
cryptocurrency everytime
- #3,758
- Edited 5:53am May 16, 2014 5:39am | Edited 5:53am
- Joined Jul 2011 | Status: good | 4,295 Posts
a sign... exhaustion gap on this last candle as the market grasps at the 1.618 extension in three subwaves...
this has caused MACD (at the bottom) to over-reach and form a reverse diverge (HH in MACD not confirmed by a HH in price).
Stochastics (top) are grouped at maxed out value, so now price has nowhere to go but down... how far down remains to be seen
edit: 15 min TF
this has caused MACD (at the bottom) to over-reach and form a reverse diverge (HH in MACD not confirmed by a HH in price).
Stochastics (top) are grouped at maxed out value, so now price has nowhere to go but down... how far down remains to be seen
edit: 15 min TF
cryptocurrency everytime
- #3,759
- Edited 11:42am May 16, 2014 10:50am | Edited 11:42am
{quote} Yeah FXopen is working well but the only advantage is the global location.
Exchanges and brokers always requires vigilance.
Some location are good to protect us from the risk of fraud.
But they are also more exposed to government actions.
Having decent business information increase trust but also chances of hack.
Despite a safe offer in a well respected country, Mtgox still managed to accumulate all of those weakness.
From having most of my btc <with bank> transaction in oz, in the previous years, I can say their policy got updated very quick.
I had a few buy via OKpay bounce back, because of gambling risk also said as <reasons that raised a flag and couldn't be disclosed for obvious security purpose>.
I've seen tellers at NAB asking more and more question about who I was and what were those payment to <crypto xxy>.
And I had intrabank wire with bankwest being froze when sent to well known localbitcoin owner.
But Oz had a massive SR paranoia at the time, may be it's better now. Until wind changes or not...
I think my point is still the same, if having a paper wallet or a blockchain wallet is a pain for day trading. Second to best secured option is to have multiple accounts on multiple exchanges and broker, all with totp, different email with sms verification and a good password is a password you can't remember...
Alongside prices swing, owning a large BTC portfolio definitely comes with more than one risk that justify the reward