Post
Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
Tzupy
on 29/05/2016, 13:58:45 UTC
I have placed limit shorts from 550$ to 565$, now I am afraid the piglets on BFX are going to miss them... Roll Eyes

 Shocked

eek!

Sure, we are in ridiculous nosebleed territory....but I wouldn't be placing any fucking limit shorts anywhere right now!

Almost asking for as much trouble as going all in long with a market order right about now.

The piglets on BFX are smarter than the Chinese piglets, they didn't touch my limit shorts, shrug...
So I took a small short at 541$ and will increase my position on 15 min and 30 min PSAR bearish flips, at least that's my plan.
It is possible that this wasn't a local 3, but a local 5 (the 3 got suppressed by the big triangle, still 112$ from 360$ to 472$).
In such a case, the correction should be nice, and if 510$ support will be broken tomorrow, it should bottom around 470$.