Quote from: Nam3 on September 22, 2017, 09:25:35 PM

Quote from: JayJuanGee on September 22, 2017, 09:18:39 PM

Quote from: Nam3 on September 22, 2017, 09:04:47 PM

Quote from: JayJuanGee on September 22, 2017, 09:00:36 PM

Quote from: Nam3 on September 22, 2017, 08:52:39 PM

Quote from: JayJuanGee on September 22, 2017, 08:36:18 PM

Quote from: ragnar0k on September 22, 2017, 07:22:02 PM

Well, It would be great to have a green line on the daily chart now and then...
14 days only two greens - last time I see in the chart was this bad was in 2014.

I am holding but I am not overly happy...I think the "healthy correction" should be over now, let's move on Embarrassed

I will be interesting to se whether this week's candle is red or green. Right now, we are bouncing a bit below the turning point for the candle, and it appears that it needs to be above $3660 in order to be green. Two more days and 2.5 more hours, before it closes.

Something tells me if it won't go green then it'll go red for sure. I'm just wondering how deep that green/red candle would be Undecided

You sound like a bit of an exaggerator. For what purpose? Effect?

Yeah.. there is no in between when it comes to candle closing colors, it is either going to go green or red.

Regarding depth, who fucking knows? currently, it is not even clear which direction it is going to go, so how would we presume any kind of further step about depth?

In the beginning of the week, I was more inclined to predict that this week's candle would be green and even that we were heading back up - after recent price performance, I am a bit more torn about which direction is more likely - it could go either way, and there may even be a slight edge to down, but that slight edge does not mean that the down would be BIG, or even long lasting.

For the sake of curiosity. BTW; I'm a trader, so you know how it works.

Well, I personally believe that it is unethical to talk your book in these kinds of threads, so I guess I do not know how it works in terms of exaggerating for the sake of inducing others. On the other hand, sometimes, when I am personally fearful that the price is going to go the opposite way of my preference (that is usually down), sometimes, I just won't say anything about my internal beliefs... .. and maybe that is a bit of a biased in my sometimes content.

Furthermore, I attempt to create a buy/sell strategy in which I hedge for either price direction, and accordingly, I try to keep my feelings out of my trades. Therefore, even though I tend to have some preferences that my orders get filled (especially when they are getting close to getting filled, and my buy/sell increments tend to be relatively small - currently a bit less than 3%, so I feel like I am not really greedy or desperate in filling my orders), I set my orders up in such a way that I attempt to minimize my feelings - even though I feel like I have gotten a lot fucking richer - largely from our unexpected more than 3x BTC price rise for calendar 2017 - life is good...

Nah, didn't mean to induce anyone. As I've said originally, "I'm just wondering how deep that green/red candle would be"
As anyone can clearly see from my 'wordings', I'm not favoring any direction here, so there's no point of inducing.

Thank you for sharing your strategy though Cool

So we have support @ 3500 and bearish line is taking us down nicely towards the support... on a weekend.
My strategy is hodl, although I am tempted to take a hit for the team and go short, so it will inevitably go up. I can hedge against my total incompetence in calling the bottom!