boumalo
Legendary
*
Offline Offline

Activity: 1330
Merit: 1001


View Profile Personal Message (Offline)

Ignore
March 28, 2014, 04:53:39 AM

Is the retrace over already?  Angry

If you want my advice, this retrace will not be over for many hours if not days, and even forever.

Today was an exercise in picking bottoms for longs. not a good day for opening shorts.

Dr. Ly, if you ask me, ask chessnut about that tomorrow. You might get completely different answer  Grin

Seleme, you always misunderstand me. dont mock me. I talk in probabilities, when I note the market is changing, it has strategical significance, not always long term weight. I never knew there was going to be chinese FUD, and yet I sold spontaneously at 577 because I was flexible enough to change as the market changed. dont follow my advice if you dont understand it.

that is what everyone is doing, following the trends

And, for those who did not like either my bullish or my bearish predictions, here is the Chinese Slumber Method prediction.  Since the Chinese did not sleep last night, the last data point (3126 CNY) is invalid (W practically zero). So the Method says to stick to the previous trend, which predicts 3667 CNY on Huobi and 600 USD on Bitstamp by Friday March 28 19:00--19:59.  Smiley

very precise predictions, it gives you some guidance but you are probably wrong 49% of the time and still making a profit