Sounds like you don't even have a strategy at all, but are dollar cost averaging. Which there is nothing wrong with, but you are not some hardcore professional trader that is trading every little pump and dip like you pretend to be. We already know better than that... And another thing, we already know how to trade. Most of us are in here to share ideas and keep up with events, but you, on the other hand, think this is a class room and you are the teacher. So when you come in here with your chart lines and drawings thinking you are teaching us, you're really not. We already know everything that's going on with the charts, I don't understand how you think you're helping. If anything you're not telling us anything at all, all you're doing is saying, "Guys! Bitcoin is either going to go up or down!" Stop it
You guys don't know shit lol. I literally called this move up to 70k's back on Sep 26! Yet no recognition? I know all the hate I'm getting spawns from jealousy, but it's still so frustrating! https://www.elitetrader.com/et/threads/bitcoin-price-thread-2-0.381192/page-3 When have I ever said I was buy every dip lol...I have always been a swing trader. You on the other hand, can't even comprehend charts that are spelled out for you...like painting by numbers! That is an amazing level of incompetence.
My god... could you be any more contradictory? You're targeting it going up, and you're targeting it going down. Now how is it that you target? You're waiting for a double correction. So at the moment, based on what you're saying, you don't even have a target. But then you end off with "I'm already in a position". So, this mean you think its a single correction, and you're already in, so you're targeting 85k. Can you not just say this? Forget all your "if" statements based on some future event that may or may not happen. Right now, you're saying you're long, and you're targeting 85k... correct? If you ever choose to exit and go short, make sure to update right when you exit and go short. Everything else you write about in pointless.
85k isn't a target lol...85k--100k etc...it is a fibonacci level. Are you just being dense on purpose? How is it not clear what I am doing? I have a "target" at the END of the double correction. I also have an upper price level where the next pullback might be...literally LOOK at my charts below for the single and double correction.. It's not that hard to figure out the game plan lol.
We don't want your game plan. We want your current position. That's it. Just say if you are long or short and at what price. ITS NOT HARD TO FIGURE OUT!
Long or Short? I'm both lol ..how can you not extrapolate that? It's about knowing where price is going. ??? Seriously, the level of incompetence here never ceases to amaze me. I'm literally projecting two different scenarios in their entirety...over the span of possibly 3 months. I should screenshot these conversations and head over to an Elliott wave forum for a good laugh...actually I could post this conversation in any forum, not even stock related and they would still laugh at the incompetence around here!
That's exactly how I feel about your posts... Since you say you are long and short, how are you playing each side? Exactly what trade are you in right now that expresses your long view and your short view? I don't care for you charts with all the different scenarios. I want to see what ticker you have taken an actual position in. How are you long bitcoin and how are you short bitcoin?
THAT IS IRRELEVANT! I POSTED THIS ON OCT3. HERE WE ARE TODAY. STOP PRAISING TALKING HEADS AND GIVE ME MY KUDOS!! @johnarb @Tokenz @NoahA @themickey
LOL! Oh so etf's have to buy bitcoin to match the inflows??? lol have you guys not seen the gme debacle with etf reporting and ftd's and redemption wrappers??? Do you really think the etfs haven't loaded up yet? Their footprints were all over the price action yesterday and during this entire correction. " The FTDs are supposedly in ETFs that are supposed to own a certain percentage of GME shares. Effectively, the slight of hand is in the creation and redemption of ETF wrappers. An ETF can be sold before it has been created, and this is deemed to be sufficient to meet the delivery of an actual security/share in the stock itself. Hence, the stock (GME) is deemed to have been delivered. However, they then FTD within the ETF. The T+35 relates to the FTD within the ETF supposedly holding GME shares. Those shares do have to be bought, but you won't find a direct reference to them. What is being said is that you're looking in the wrong place if you want to find the FTDs that'll impact the GME shares price."