Quote from: toknormal on April 10, 2015, 09:10:33 AM

Ok, since people seem to be getting depressed about the price I thought I'd provide the "inside view" from traders who are shorting this market - e.g. me. (On purely a "know your enemy basis of course" Wink

).

Dash market performing exactly to expectations now.

My short's still open from weeks ago and now in the black, however indicators are beginning to signal closure-time on the horizon. 1 of 3 of mine already in (the 4-hour RSI now indicating market in oversold condition).

http://i.imgur.com/t1ukbOW.png

If only I had gone "all-in", but unfortunately I don't do "all-in" Cheesy

Still, just shows you that if you follow the rules with military discipline at least you can get on the right side of the trend.

http://i.imgur.com/jiH1hRF.png

1-hour MACD is level but 4-hour MACD and 4-hour volume trends indicate there's still a bit of mileage in my short.

http://i.imgur.com/gUweGQ7.png

http://i.imgur.com/4Hiah0Z.png

I'll probably start placing orders starting around the 0.01 mark upwards to catch any panikers.

EDIT: oops ! Didn't notice those walls on craptsy. So looks like it's going to have to be in the 13 range then.

Hello toknormal, I would like to understand, what are you saying/writing in your post. I`m just...too lama for short/long, MACD terms.
What does it mean to regular user ? Not really a trader guy, but I`m interested in... Is there a short explanation, what does those trends means, to regular lama like me ? I read about candles, green/red and what they mean. But need to translate to human speech