Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
TERA
on 27/02/2014, 09:13:46 UTC

You know why it makes you nocturnal in the US, and me nocturnal in the UK?

Because all the main market making n breaking action is coming from those of a Far East time zone persuasion.

What does that tell ya?

It tells me the two of you aren't as smart as you keep telling each other you are.

I'm in the 'eastern' time zone and apart from the Gox closure crash the other day volume is always very slow on Stamp during the 'day'....it picks up around 7pm local when Europe is getting up and hots up later as the US responds.  Major upswings/downswings tend to have happened between 6am and 9 am local, corresponding with the West Coast being in full swing.  Apart from between October to December last year, its pretty much always been like that since last March at least.

The only advantage one gets being in the East of the planet is you see the news stories break and develop before they hit the global daily cycle.  But of course, as everyone here keeps telling me, news and sentiment have no impact on BTC.
6am is not the west coast being in 'full swing'. Most people are not even awake yet at 6am, and most people start work at 9am.