OFFICIAL: XMRBTC is Definitely a LONG position now.
Red line entered left side of white line that is moving up in the 8h TF. Seeing this in a longer TF is good news indeed.
Happy Trading everyone.
EDIT: Close up view.
Happy Trading everyone.
EDIT: Close up view.
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Close up view in 12h TF:
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Looking at the Daily, you would think we're heading down, since the red line is coming out the right side of a white line that is moving down.
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The lower TF's are showing the reversal that's yet to be reflected in the longer TF in my opinion.
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Daily TF:
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Posting the 3D (3 Day) TF to show the longer TF's above 12 hours will simply reflect what we are seeing played out in the lower TF's.
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The white line is moving down a tad towards the red line going up to meet it. The only reason I'm POINTING THIS OUT is to ADVISE NOT TO necessarily go by higher/longer TF's to determine where a pair is going.
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apologies, this is XMRUSD not XMRBTC posted above.
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They dumped on us but it's going back up.
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4h TF:
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8h TF:
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show you the next leg up of resistance that needs to become support:
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Above was 90m TF... Here is 45m TF:
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I will STILL be doing my taxes today. I have TONS of journal entries yet to do. Before I get to it, I want let everyone in on a little something... This:
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I have one "mutli-chart" up like you see above AND one big chart for 1h and higher TF's on EVERY pair I trade.
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I've had others call me, "embarrassing" and "stupid" in other traders publications where I posted what I found in an effort to INFORM others of the advantage they have with this indicator. Especially, in FOREX publications where the real liquidity is located. However, those who have called me such names willing close their eyes and ears TO THEIR OWN EMBARRASSMENT & STUPIDITY.
Fine, you can remain in your embarrassing stupidity while I remain in mine... ; ) ; ) hehe.
I actually shorted XMRBTC 6 times on the way up. Yes, you heard me right... while we were pumping. I was using 5 BTC to buy in with the pumps then sell (short) at certain points on the way up. This denied other larger whales from dumping into buy orders that would have looked delicious to them and I would still those buy orders from them just 60 seconds or so before they would.
Each time I shorted, the whale had no choice but to wait with a pause for a while or keep going up. Well, they kept pumping it up and I kept shorting on the way up at just the right time before they could short it.
After the 4th time of shorting it, we had quite a long pause and the whales with their bots decided a different strategy. WHY? Cause I had a lot of traders gun shy about putting buy orders in near the top after shorting it a 4th time. The whales ended up putting buy orders in themselves near the top; and instead of larger amounts in one order, they put multiple 100 to 200 XMR orders lined up behind one another but spaced out a bit to show support and encourage others to place orders in above theirs. This was after we had already reached our high of 0.0145 and we were on the way down.
I shorted two more times on the way down before the big dump THAT I SAW COMING. That's when I put a buy order in at the top of a candle just above my blue support line at 0.01269256 with those 5.0 BTC and went to sleep. I woke up to find we came down ALMOST EXACTLY to my support line and my buy order was filled. Now, we are back up to 0.01371800 currently at this writing.
How's that for "embarrassing" and "stupid?" hehe... Go figure... hehe
Fine, you can remain in your embarrassing stupidity while I remain in mine... ; ) ; ) hehe.
I actually shorted XMRBTC 6 times on the way up. Yes, you heard me right... while we were pumping. I was using 5 BTC to buy in with the pumps then sell (short) at certain points on the way up. This denied other larger whales from dumping into buy orders that would have looked delicious to them and I would still those buy orders from them just 60 seconds or so before they would.
Each time I shorted, the whale had no choice but to wait with a pause for a while or keep going up. Well, they kept pumping it up and I kept shorting on the way up at just the right time before they could short it.
After the 4th time of shorting it, we had quite a long pause and the whales with their bots decided a different strategy. WHY? Cause I had a lot of traders gun shy about putting buy orders in near the top after shorting it a 4th time. The whales ended up putting buy orders in themselves near the top; and instead of larger amounts in one order, they put multiple 100 to 200 XMR orders lined up behind one another but spaced out a bit to show support and encourage others to place orders in above theirs. This was after we had already reached our high of 0.0145 and we were on the way down.
I shorted two more times on the way down before the big dump THAT I SAW COMING. That's when I put a buy order in at the top of a candle just above my blue support line at 0.01269256 with those 5.0 BTC and went to sleep. I woke up to find we came down ALMOST EXACTLY to my support line and my buy order was filled. Now, we are back up to 0.01371800 currently at this writing.
How's that for "embarrassing" and "stupid?" hehe... Go figure... hehe
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I was making $80 to $120 a pop with each short on the way up last night.
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Simply an update for me to refer back on: