4xForecaster

Hello, Houston. Do You Copy? | $BTC $USD #bitcoin $Gold #forex

BITSTAMP:BTCUSD   Bitcoin / Dollar
Hello again, friends,

Yesterday, I wrote a long piece describing the technical and predictive analysis of BTCUSD             ( Bitstamp ), as well as identifying supports, resistance, targets and offering a general directional assessment of the crypto. I also mentioned that the chart was coming out soon ... So, here it is.

In addition to cut/paste the technical/predictive analysis and forecasting I wrote yesterday, I will add specific examples of on-going BTCUSD             charts, paying particular attention to hidden geometries, alternative technical considerations, all this to emphasize the preponderance of technical and quantitative data pointing to a rallying.

In the risk of narcotizing the reader's mind, I will try to be as detailed and critical as possible, so as to remain unengaged in one directional bias or another. Please, also know that, despite all the work that has gone is these analysis, I have not traded any of the bitcoin crypto-currencies, I do not have any open account in any of the bitcoin crypto-currencies, and I have no interest in doing so. My job as an independent proprietary analyst is to look at non-price action, that is the work of the market, which for most is followed through the action of price, but to my opinion, uses price as a carrot dangling at the end of a stick which is held by institutional hands. Therefore, price is NOT what I study. Price is merely the light projection on a cinema screen which entertains the masses. Instead, I seek to study that from which the light originates, which is the matter of interest in quantitative analysis, or one that I defined as predictive analysis and forecasting.

Being unengaged in bitcoin trading, I have a non-emotional and non-threatening position, which allows me to study without the interference of fear. i hope this is enough credentials to earn your trust and support. Feel free to express this by following me on Twitter (alias: 4xForecaster), adding comments at the bottom of the chart within a respective discussion thread, or simply "thumb-up" the chart. I will take that as a currency of appreciation.

The technical comments will be added in the discussion thread. So, please, give me time to add the technical commentaries below.

Thank you for your kind support and trust in my analyses. Feel free to review the prior analyses and forecasting, which are offered as links below, as they also contain deep and quite involved threads of technical discussion.


OVERALL:

For the time being, I will quickly comment that this chart was built on 16 APR 2014 at 0946am when price was @ 522.04, and was shared in privacy with TradingView admin/Moderators. The arrows suggest a probable price action, which so far has been correct. Again, I will provide more detail on the expected price action in the discussion thread that follows at the bottom of this chart. If it's not appearing right away, it's because I am still working at the illustration of other BTC charts.

Cheers,

David Alcindor
I literally posted this seconds ago 0_0
snapshot
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4xForecaster PRO ronfkingswanson
Great! So, a consensus is forming along these physical lines ... The market is starting to sculp the aggregate trading mind. It's all good - David
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Hey David! Great analysis. I happen to agree with your bullish spirit also. Thanks for all your great work!
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Thank you @Treveley. Charts are weekly, so demand time and patience, but there is certainly a confluence of bullish events that may prove that indeed, the forecast remains in tune with the market's "mindful" intentions. - David
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18 APR 2014 - Technical/Predictive Analysis & Forecasting;

First, here is what I wrote yesterday (I will bracket the whole thing in double-dashes, so as to help orient your eyes to what's been said, and what is new:


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17 APR 2014 - Chart update ...

... Oh! ... Hi, Friends!

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No, contrary to opinion, I have not fell into a slumber (quick let's re-adjust my hair and erase the bedsheet marks off my face - Hmmm ... )
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Looking at the chart, we can assume that the title "Bitcoin Bears Bang Bottom Barrel ..." was appropriate, as indeed the bears did scrap the bottom of the barrel and there was only one direction to go ... Up, that is.

I have yet to put a final touch on a new chart then let the paint dry a little (I really want to wait for a solid directional confirmation signal, before I post the chart. No, really), but I will add a few comment herein as a way to recapitulate the recent price action.


TRADE RECAP:

First, let's review a few recent calls:
- Following a series of low to moderate to high probability support definition, the predictive analysis ended up sandwiching a high probability support target @ 425.37 with two moderate levels, one above @ 438.82 and one below @ 408.87. A low-probability defined the bottom of the barrel @ 384.65.

Second: What just happened ... : In the space of two 4-hour candles, bears clawed through the lowest target to leave scrap marks @ 339.79. However, they were just as quickly pushed back and revisited the 541.00 level, which was left in the chart, anticipating a support-turned-resistance precious moment.

In the context of the momental lines, which were lined up into parallel to define channels, this 541.00 high was also justified by the validation of a top-most bearish trending momental line - Following is a link that will give you a glimpse of the upcoming chart. Herein, you will see what that channel looks like:

BTCUSD (Bitstamp) - Chart released on 16 APR 2014 @ 0946am CST; Price @ 522.04
- https://x/f85z2BPF/

snapshot



TRADE OUTLOOK:
- So, now what?

The price is expected to unwind to the downside and find significant support from which to escalate to new highs. The prospective bull should remain put, while the bear might consider taking time to pull the ursine vest off. The early predictive analysis and forecasting is cautiously optimistic, as the market has produce an early bullish market reversal, pending confirmation.

Significant structures to consider are as follows:


- Bearish Structures/Supports:
@438.97 - This offers the first and highest probability of reversal
@384.35 should concern aspiring bulls
@363.53, if BBCB'ed should prompt bears to done that skin back on.

---> All of the above levels are temporary, but represent LOWER probability projection plan compared to the prospective bullish projections that follow. This is to remain true UNTIL a trend reversal confirmation signal or a complete invalidation signal occurs, which ever comes first would cancel the other.


- Bullish Structures/Resistance
Bulls should adjust their hopes and aspiration to fit a demanding uphill battle field. Residual bears have dugged significant trenches overhead. However, first and foremost: the upper border of the channel, defined in the chart above, has to be overcome. If and once that bloodied mud battle is cleaned off, the following resistance will likely keep certain bulls in doubt:
@541.00 - This level will feel like a deja-vu. Bulls that have left some skin there will likely hope to reach that level and relinquish any chance of re-experiencing the pain of loss. So, prepare for some selling activity at this level
@630.00 - This is a predictive analysis/forecasting product, but it falls quite well in line with the E.A.G.L.E. range, so I will simply say that bulls should expect a significant slippery pull-back at:
@630.78 and @667.80 ,both of which are loosely defined as a probable departure point to the downside, and remains to be evaluated as to how far down is price likely to roll. I would venture to say that a 38.2, 50.0 or 61.8-Fib retracement might offer a reliable measure. However, I would need to turn to my system to gauge the probable depth of reversal.

---> All of the above levels are temporary, but represent a higher probability projection plan compared to the prospective bearish projections defined above. This is to remain true UNTIL a trend reversal confirmation signal or a complete invalidation signal occurs, and as above, one occurrence would cancel the other proposition.


OVERALL:

The directional should read "Neutral" and the stage lights off until bulls and bears trigger a committed directional signal. Until then, it's all prose, words and wind, none of which has the power to move the market, unless your mom calls you Mrs.Yellen.

Cheers,

David Alcindor
Predictive Analysis & Forecasting


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Get my TradingView.com signals on Twitter:
My alias: @4xForecaster
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Now, on to today's commentary (18 APR 2014):

First, let me remind you that BTCUSD "walks" like any other price-legged animal, and it does so in a atmosphere much similar to other assets. What I mean here is that the institutions that make a market for it will probably control it is a way that leaves their own footprints across the chart. This is what I analyze in my predictive analysis and forecasting. If you read the intro above, it is what I referred to as the origin of the light, which projects itself onto the cinema screen. So, I do NOT analyze price, but the elements from which it originates, if this makes any sense.


- BASIC GEOMETRIES:
From a general perspective, I like looking at an asset in its historical context and assign it patterns.

In the case of this crypto, a look at the WEEKLY chart and considering the basic Butterfly pattern (not arguing here whether it would go to the projected height, bbut simply looking at the pattern that has commanded the price action), one can appreciate the intelligent purpose that seem to exist behind price action. Meaning, the moves have been paced at specific Fibonacci levels, and patterned into a recognizable geometry of sort: Let it be either a Butterfly, a Gartley perhaps, and for the more advanced trader, a possible 3-Drives pattern:

snapshot

(Source and other technical commentaries here:
Bears Running Out Of Rope? | $BTC USD #bitcoin #litecoin $Gold
)

NOTE: In this example, one should note that the 2-4 Line was broken to the upside, suggesting a mounting force brewing among bulls. Yes, it was tamed back down as it re-submitted itself to its linear geometry, but the burst was there, nonetheless. Whether it be contained by institutions or by fundamental concerns, price's adherence to the upper end of that linear geometry (BTW: Not a standard channel pattern, lines are defined by hidden geometries, which I have called momental lines) still attests to a bullish anticipation. So far, the low target ("TG-Lo") has been validated and helt its ground.


- BURSTING BUBBLE AND REVERSAL TO GROWTH TRENDLINE:

If you also recall a discussion we had on the reversal to the mean, we discussed a well-recognized Bubble Bursting event, which defines price as reaching such a far position from an initial growth trendline/support, that it is expected to re-validate that growth line as a matter of bubble-bursting pattern definition. Following is the chart I used to illustrate that concept:

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NOTE: This is the exact same view as the chart described above, but "skinned" along standard channel-defining lines. What is relevant here is the fact that price has been bracketed and commanded in pure adherence to the channel. At the time I defined these lines, I also suggested that the reversal to the growth trendline/support would probable occur based on a vertical and horizontal range of values, which are the ones defined in grey. What has occurred in the interim is a validation of a minor trendline. Whether price would consider this hidden geometry a sufficient element from which to mount a rally remains to be defined by the market itself. Nonetheless, here too, there is a sense that price will likely retest the upper boundaries of the bearish channel, and a breakout would confirm a rallying.


Even looking at another exchange - that is other than the Bitstamp - we can appreciate that the bitcoin currency is at an important juncture. For instance, the MtGOX shows that this post-bubble concept of price reverting to its original growth trendline/support. Here, see how the MtGOX fell back down precisely to that trendline, and how it has rebounded since that defining event:

snapshot


NOTE: Here, the comment made above regarding reversal to trendline applies as well.


OVERALL:

There is so much more to converse here, but the technical concepts would go beyond the mere premise that price is gesturing a bullish hoof. Bears may have residual strength, but based on the technical implication of a momental line channel or standard price channel break out, the last of the bear will have to submit itself to the growing sense of a rallying.

The main chart illustrates a provisional price action and pathway, which is by no means a part of the prediction, but a submission of a probable pathway, based on identified forecast levels which are anticipated to impose resistance or gift support. One should note for instance that the first obstacle could present itself as a declining top wedge, where a horizontal line of support bids against a lowering ask value of sellers. A break above that overhead declining trendline will define the conditional break-out, which such geometry imposes as a requisite to a bullish signal.

Hence, 438.97 comes as a relevant support, a garrison line for bulls to prepare for a potential uphill move. And uphill that will be, if there ever was one.

Cheers,


David Alcindor
Predictive Analysis & Forecasting
TradingView Moderator


PS: As statement before: Feel free to express your support by following me on Twitter (alias: 4xForecaster), by adding comments at the bottom of the chart within a respective discussion thread, or simply by "thumbing-up" the chart. I will take that as a currency of appreciation.

Thank you.

David
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flibbr PRO 4xForecaster
Excellent write up David. I enjoy reading every word of it.
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DanLaffas 4xForecaster
Great stuff again David. I do appreciate your input into this commodity.

A question regarding the return to the original growth trendline/support. A suggestion was brought up in the chat about the 'bump and run' pattern/theory. I've attempted to plot it and have come up with this chart. I'd be keen to hear your thoughts on this pattern and whether you have any belief or trust in it.
BTC (Weekly) - bump and run theory


Thanks again David.
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@DanLaffas - I am not familiar with the pattern in reference, so I would not be the right person to ask whether it is about to occur in your chart. Looking at the RSI, though, it seems to prepare a rallying from its current 41 value.

A rallying from this level would tend to correspond to a scenario that fits what you have described in that other pattern. However, RSI alone, especially in a weekly timeframe, may not be a reliable tool when used alone.

Using structural analysis, whereby the trader pays particular attention at support/levels, especially if these are associated with unusual volume spikes, then I would consider 635/640 to be an agreeable level of overhead resistance.

Using basic symmetrical pattern formation, such as the symmetrical AB=CD (yours in the chart is named differently, but would be a similar pattern), then Point-C could become an acceptable level at which resistance would occur.

If you recall, the anticipated pattern I suggested would in fact follow and meet resistance at the same area, but for reasons that seem to have been attained through different means - Here is the patterned path, for illustration:

snapshot


Taken all together, a lot of the technical studies are looking at a probable bullish scenario. When a preponderant number of data point to one direction, this ease of discovery should always be balanced with the work of contrarian suspicion, as too often, the chart could be "painted' in a way that makes the masses look left, when in fact, the theater of tricks is occurred at the right of a blind-sided audience.

So, the works that need to occur at this point is to look for all other opposite scenarios that can occur to surprise and contradict your expectation, so as to be ready if it did occur, or simply build the confidence within the bullish scenario if and when enough evidence is gathered that a bearish scenario could not possibly happen, as they are always two threatening sides in any tempestuous market such as this one, and best is to remain with the prevailing currents - David
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Awesome as usual, enjoying as always, still, I think Technician will probably not find agreement in this with You.
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St4rR0ver 4xForecaster
Great, we come here to misunderstanding in terms, maybe my engles :-), As I was refering to user Technician. You sure will remember him ;-). Anyhow thanx for Your through explanation and You have my full undersanding and support in Your views and aproaches.
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Ha! I did not realize you were talking about a specific person. I have not looked into his or other trader's perspective, and I tend to avoid being influenced by other's chart, not because I feel any superiority, but because I am too easily influenced by other good chartist's perspective. For this reason, I tend to live in a technical bubble - David
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@IanDax - Appreciate your feedback. Technicians (and I include myself in that general category, with a particular interest in predictive analysis and forecsating) are limited by what they know.

For instance, classic RSI institutional teaching continues to refer to bearish/bullish divergences as having something to do with imminent reversals, when in fact, the author of the RSI (Welles Wilder) meant something quite contrary to this.

Another instance related to RSI is the insistence by the same teaching institutions to never include the divergences that really matter, namely positive/negative divergences, which are rarer and happen to be highly correlated with imminent reversals.

As far as hidden geometries, I have my own interest in it as a former architecture student. I was able to define several patterns which I use to call top/bottom reversals. These patterns are "special" in the sense where the trader has to look at the opposite end of what classic patterns ask conventional traders to look at.

Finally, my predictive analysis and forecasting system, which depends on non-price events, is the real engine behind my analyses.

Altogether, patterns, occult geometries and system form the layered approach of my analyses. I do not expect conventional technicians to look at all this and make sense, because their frame of reference is locked into a paradigm that cannot be changed, much like a plumber cannot shift into an electrician's mindset, even if they both envision the same house in which they work side by side.

The most important place to be is with the market. Nothing that I do tries to prove anything or something right or wrong. Like Frank Lloyd Wright said of his homes, he wants to build them so that they do not stand on the hill, but they are of the hill. In my analysis, I merely try to perceive the market in its own environment, and remain flowing with it.

Again, very much appreciate your feedback and your reading my analyses.

Cheers,

David Alcindor
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flibbr PRO 4xForecaster
David do you like the work of Gann.. being a former architecture student and also.. you mentioned before about planetary movements, does you system take this into consideration also . . ?
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@flibbr - I have looked into it, the way people looked through cages at the zoo, without forcibly becoming biologist. I walked through that geometric zoo, ate some popcorn and cotton candy, and returned home, knowing I would never be a biologist - David
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4xForecaster PRO 4xForecaster
... Or a Gann-based chartist.
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Always enjoy your analysis and innovative use of words as brush strokes with which to paint ideas across the mindscape.

Your cold hard analysis and sharp mind has always been a helpful guide. Thanks, David!
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Thank you @venzen for your very kind words. Very much appreciated - David
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Thanks as always for your insights and the hard work which has gone into them David - very much appreciated!
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$$$$$super
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I'm not buying it yet… Not enough buying volume to support the trend reversal on that "breakout." I think we still have some time before the overall trend changes, tread cautiously guys. I'm short for the quarter until I see a breakout on high volume. A lot of these charts you are posting are curve fitting and speculative.
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A day later, and my original sketch is playing out perfectly
Rally correction halts at triple intersection, possible reversal
Here's an update with more commentary
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20 APR 014 - Update:

Watch for overhead resistance in this chart, as defined by the 3 down-arrows:

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- See original analysis here:
Hello, Houston. Do You Copy? | $BTC $USD #bitcoin $Gold #forex
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nick.stoneman.5 4xForecaster
Very timely post David. On the 1 hour chart Bitcoin has tried 3 times to penetrate this overhead resistance line in the last 3 candles! Best wishes, Nick
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4xForecaster PRO nick.stoneman.5
Thank you. Yes, this is on of the hidden geometries I like to use. It looks like a "channel" line, but it is not. Yet, it will cap/support moves across the entire "life" of the chart, unlike standard channels, that are limited in time.

In effect, whether they represent algo rhythmic patterns or the aggregate "style" of institutional trading habits, they still maintain their validity.

David
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4xForecaster PRO 4xForecaster
20 APR 2014 - Update:

$BTCUSD Update: Momental line still in force; caps price; floor remains open to lows:

snapshot


- David Alcindor
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David,

Why are you always bullish? I've followed your postings via tradingview for several months and it seems like you have a permenantly bullish bias in every analysis. I too am "long term bullish" on the fundamentals of Bitcoin but have you even considered the possibility that we could fully retrace to the start of the bubble? I am concerned that your desire to see the market go bullish is impacting your ability to rationalize the clearly bearish trend.

-Wes
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actually AFAIK, David neither holds nor trades any bitcoins at all, so I'm not sure what "desire" he could have to see a bullish trend. Also, go back on his bitcoin charts not that far and you'll see plenty of bear, too
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norok PRO ronfkingswanson
You're right; perhaps I am assuming too much about his personal bias.

I have been trading Bitcoin since 2011 and fully understand that new lows are possible. As a professional trader I am very often wrong myself. However, it seems that every time I come to tradingview to follow the trend David has been drawing lines to show a bullish path.

I enjoy reading everyone's opinions on price action but there seem to be far too many "To the Moon" people that bought at the highs, are grasping for hope, and ignoring what were strategic exits over the last 3 months while the bearish trend was continuing.

My main criticism comes from his words such as "caution to the bears" for which I have been.

I know what signs to look for in my own trading to go bullish and at best would need 1 month of bullish action to confirm. Until then any bullish trades I might make would classify as aggressively counter trend with "caution to the bulls" in the current state of the market.
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@norok - I appreciate clearing your position. My analytical focus is on defining reversal tops and bottoms, something I have become very good and kept well-documented for my own record and defense.

So, it looks like we are both at the opposite thesis of the market analysis, as I look for early confirmations, while you seem to look for late confirmation signals. Both of which have their own merit, of course - David
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norok PRO 4xForecaster
Thanks for your reply. As I said I enjoy taking in other's opinions of price actions as I am forever a student of the markets. I am also reading your past analyses as you posted.

My thesis is grounded in that I am a trader. Therfore I classify trades as aggressive or conservative for the purpose of allocating risk. At all times I want to be following the prevailing trend with the largest position size for the highest probability.

In my experience even if you catch a reversal late there is still ample reward following confirmation. BTCUSD is no different. In October 2013 I saw a clear resistance around 140 which once broken proceeded to 1200. One did not need to pick the bottom to have caught the 1000% return. Trying to do so would chip away at your profits and confidence. That may then chip away at your available capital and your resolve when it comes time to place the trade.

If you have not yet gotten into trading I highly suggest it. Having skin in the game could take your analysis to a whole new level.
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Thank you @norok. I agree with what you said completely. I appreciate your prior inquiry, as traders such as yourself will keep analysts in check. This constant quality-assurance is well warranted.

I do trade, and have been since 1997. I focus mainly on Forex, but expand my analyses on intermarket influences as of late.

Again, thank you for the challenging question.

David
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4xForecaster PRO ronfkingswanson
@ronfkingswanson - Thank you. Just posted a long recap on the bearish/bullish. In fact, very first chart I ever posted on BTCUSD was a bear, and I got all the possible insults and injuries I could get ... Eventually it went down to that 280's, when at the time it was above 800 or so.

People are so entranched in their belief that it becomes all that they know. Another truth is that people are limited by what they know. When bias becomes knowledge, you are screwed.

Cheers,

- David
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@norok - Not sure what you are talking about. But, may be I can help clear a few things up.

First, all my initial analyses were bearish, not because I felt like it, but because the predictive analysis and forecasting system I use, which defines confirmed directional trends and targets was bearish.

In fact, at that time, it constantly defined bearish targets, one after another, and as it were, there were getting hit one after another, until a point where it failed.

That failure is typically a reversal warning. Not signal.

Indeed, the trend had reversed, and only over the past few weeks had I written with a long directional bias. Here again, I do not let my opinion inspire what I write. Just the plain and simple systematic facts.

Here is a synopsis of the charts available that summarize an initial bullish, then a transitional stance, than a confirmed bearish, with targets getting first on the upside, then on the downside - I hope this dissipate some of the bias you suggested might cloud my judgment. Truth is, the system takes my opinion, likes/dislikes, or judgment out of it. I simply report what the system says:

1 - In this chart, all targets had already been hit. There is a cautionary "Unless 758 fails to act as support, our directional bias remains positively bullish" wording, to appeal to both sides of the directional mindful divide.
- Link:
BTCUSD - Chart Update: #BTCUSD #BTC #USD #Bitcoin


BTCUSD - Chart Update: #BTCUSD #BTC #USD #Bitcoin



2 - In this next chart, the opening statement explicitly indicates: "In its overall aspect, this BTCUSD (Bitstamp) chart is predominantly bearish", while the conclusion states that "Bears are lurking at the edge of the woods", although the signal remains bullish, as indicated in that same sentence. Here too, the chart is mindful of both directional biases by offering a conditional level at which a bullish trend would fail:
- Link:
Update: Week In Review/Forecast | #BTCUSD #Bitcoin (Bitstamp)


Update: Week In Review/Forecast | #BTCUSD #Bitcoin (Bitstamp)



3 - In this next one, the title indicates that " Still Bearish; Targets Unchanged:
-
Update: Still Bearish; Target Unchanged | $BTCUSD #Bitcoin


Update: Still Bearish; Target Unchanged | $BTCUSD #Bitcoin



4 - ... While a month later, another title still states: "Bears Persist ..."
- Link:
Update: Support Held; Bears Persist; Added Target  $BTC #bitcoin


Update: Support Held; Bears Persist; Added Target  $BTC #bitcoin



5 - Following above chart, consistent with my daily analysis, I furnished further analyses that remained consistent to the bearish initial bias:
- Link: First bearish target hit ...
First Target Hit ... Next? | $BTC $USD #Bitcoin #Litecoin


First Target Hit ... Next? | $BTC $USD #Bitcoin #Litecoin


- Link: Still with a bearish bias, despite a significant bullish relief rally ...
Update-2: Relief Rally, EAGLE Strategy Explained | #Bitcoin $BTC


Update-2: Relief Rally, EAGLE Strategy Explained | #Bitcoin $BTC


- Link: Relief rally hits right at the anticipated resistance zone:
A Classical Tale Of "Told You So"? | $BTC #Bitcoin #Litecoin


A Classical Tale Of "Told You So"? | $BTC #Bitcoin #Litecoin



Now, here is where the system detected an EARLY bullish reversal signal:
- Link:
Early Reversal Signal; Speculative Path; New Bullish Target


Early Reversal Signal; Speculative Path; New Bullish Target



.... For the sake of time, but to remain on point, here is one where the market turned yet again, and I remained bearish, as the system indicated:
- Link: "Bearcoins Are Back!":
Bearcoins Are Back . Again | $BTC $USD #bitcoin #litecoin #Gold


Bearcoins Are Back . Again | $BTC $USD #bitcoin #litecoin #Gold



Here again, jumping over several other analyses consistent with the prevailing directional bias offered by the system, we finally arrived at a point where ALL bearish targets that were predefined had been hit. The RED target was yet another reversal point, which held to this day:https://www.tradingview.com/v/obrm9zzp/

#Bitcoin Bears Bang Bottom Barrel ... | #bitcoin $BTC $USD $Gold


Norok (Wes), I hope this is enough to illustrate that I have no chosen bias, and that regardless of the bias I may appear to chose, the analysis remains spot on, the direction remains respected as predicted, and the targets are hit as predefined.

More importantly, I hope that I was able to dissipate any belief that my "ability to rationalize the clearly bearish trend". As far as I am concerned in this system-based trading, there is no rationalization, no assumed trend, and ... really no me. It's the system, just as I defined and refined it, without fear, greed, prejudice or bias.

Cheers,

David Alcindor
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21 APR 2014 Update:

- From Twitter signal:

"$BTCUSD: The 438 scenario discussed last week remains in force as bearish momental line continues to impose its will: http://www.tradingview.com/x/2O33ovTZ/%22

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David Alcindor


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Follow me on Twitter, alias: @4xForecaster
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$438.05 Target HIT
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ronfkingswanson PRO ronfkingswanson
More china bad news pushes everyone vertical, and after a few pauses, bitstamp finally capitulated with a 1K coin dump, sending us into the target :P
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craig.richary ronfkingswanson
Great work buddy. Next stop 630.
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norok PRO ronfkingswanson
Bearish market ignores the good, crashed on the bad. In this case; sell the rumor (buy the news?).
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