hardforky

My Whaley Stop Hunt: Update - Trending vs the historical FOREX

BITFINEX:BTCUSD   比特幣 / 美元
74瀏覽
0
74 0
A lot of nervous hands right now, and rightfully so. There is obvious room for a further 20% slide (relative to fall we have seen this year this is small potatoes but offers considerable additional gains if the market reaches ATH again). I hope for further upside here though I don't expect the market to edge much past 9k if it does go up.

I adjusted the historical FOREX Stop Hunt trendline down to match closely with the BTC pricing levels (and increased the trended line angle to adjust for the spike so consider this manipulated* and the grey lines are just me tracking the developing flag). It seems on-trend and despite the ups and downs in the last day the target of 8,500 for BTC is marked for tonight at around 01:00 CET. Will hold on as deep as possible. I'm still very hesitant about following this trendline as it is based on a totally different market but the IDEA/Hypothesis remains the same** as this is merely an experiment to understand how greatly the market is manipulated. I've noticed a few traders following the 2014 BTC crash trend - whilst similar in nature, I feel that this is obvious and has generated some emotional calls which the Market Maker will capitalise on - Take all Ideas, amateur and pro to formulate your own.

Good luck.

* I've posted the original map on twitter (at some point I drew a face on it for reasons I know not) - @HardForky
**Stop Hunts / Squeeze / Traps / etc are manipulations and are centered on taking advantage of behavioral economic traits exhibited by traders. This is why the market maker always wins - it creates the TA and I practice the idea that the whole market is a trap unless there are influences like influx of new money as we saw in December. However, the MM cannot be greedy and needs to share a little wealth and here lies opportunity for 10% of traders which I would like to be part of. The trend highlighted is indicative and the BTC market has dropped lower than the historical market in question - It also traces back for 2 months so I would be surprised that a manipulation would follow a trend so religiously.

Yep, full of conspiracy theory so I would take this all with a pinch of salt ;)

評論: Note: in a declining market I'd expect this trend to fail and as folks start to go long the MM will go for their stops (probably placed under the $6k mark - this will then drive a large rebound once the stops sell off, allow the MM to do some buying and then jump on board with all the $5-$6k bottom traders waiting to go long.
評論: Running in-line with trend...
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出