Post
Topic
Board Altcoin Discussion
Re: Ryan Pumper: Pumpers Picks (Updated Daily)
by
IacceptBTC
on 18/02/2015, 08:29:02 UTC
Looking at this XQN trade, which was a PumpersPick in January


there was an obvious pattern of movement, that was fairly simple to exploit

You see the most important factor, after every rally – is the percentage decline. A high percentage decline indicates that weak hands (novices) have been shaken out of a coin, leaving the coin in the hands of skilled traders.


I will break down what is clearly visible in the above image

From 13 Nov 2014, the price of XQN began to climb from 1005 Satoshi (on low volume) before settling at 11,253 Satoshi on 22 Nov 2014 – representing a 1019% gain in value.

After this gain, the price – of course – fell into decline. XQN began to plummet and landed at 151 Satoshi by 8 Dec 2014, which is a 98% decline in value


Exploitable behavioural trait: After rallying the price fell into decline, culminating with an -98% loss in value


This wasn’t the end of XQN though (despite how many people labelled it as being ‘dead’)

Having reached its bottom price, the price exploded yet again. By 11 Dec, the price had reached 7235 – this is a staggering 4,691% gain.

If you are aware of “the price cycle” you can predict what happen next...

... after hitting 7235 Satoshi, the price dropped yet again. This time, the descent took place over a longer time span (as I explained in my earlier example, some traders just don’t know when to call it quits)

From 11 Dec 2014, the price began to slide downwards...This downward spiral lasted throughout the entire month of January, and finally came to an end on 5 Feb 2015 at 505 Satoshi – which is a 93% decline


Exploitable behavioural trait: Again, after rallying the price fell into decline, culminating with an -93% loss in value


From this low of 505, the price has since climbed to 5319 Satoshi... another high percentage yield: 953%.. judging from the last rallies, there may be some distance left for XQN to travel.

Overall, this analysis illustrates how to use a coins price rhythm to your advantage. It shows how you can “be 10 steps ahead” of the average trader.

XQN is a coin that tends to decline by 90% every time it rallies, which makes it all too simple to predict.

Noice trade

its all about that decline and how you maneouver on into position to take advantage

it's the rhythm that you have to exploit
thanks for explaining how it works with this percentages etc

I noticed you have done a trade like this based on timing? e.g using the length of the previous rallies to judge entry / exit points

would love to hear more about that