sup yall!
thought i'd drop in and do my biweekly-ish share.
My call to membership is still short since saturns return on christmas.
A private program i use has only just flipped to neutral candles on the 1W. after a bubble it tends to print at least 1 bearish candle first so I agree with LP that more downside should happen. please consider the Monthly switched today so some upside until even the 8th is possible. then it is kinda shitty for a couple weeks, or should be.
Other than market structure and astrology I have also mentioned to members not to get all hyped up until the fork BS is resolved. Chinese miners have threatened to dump btc 1 order of magnitude if segwit is implemented. and they have also said they will do a 2MB patch on Core if Core does not do it. Yet Classic is gavin's and Gavin is satoshi's man. so this is a super shit show right now.
ETH might have a phaaaaaaaat ass dump here, BTFD!!! I see it making the BTC bubble pattern at this point. and they are running fairly inverse. so again if LP is bearish til mid march then ETH can still run right? right! so again, BTFD!
I say bearish to mid march as a ballpark. he said 266. at 11c/hr of bear pressure 266 as a line is march 12. just math not a prediction. prediction is that a lot of math points to that time frame. so buying near equinox, a trend reversal, will be safe....just like in september.
Altcoins have been money. If you wish to trade alts i recommend finding a trending coin with volume and buy the dips on the 1h staochrsi oversold and ride the waves. seems the safest approach. again, high volume markets only. and polo is killin' it. loads of volume.
Great chart to show how risk management works in your favor.
https://twitter.com/StockTwits/status/693840156198096896/photo/1
https://www.youtube.com/watch?v=EpA1C5DJqhw
I came across this build your own bot with an app a couple months ago. however it relies on TV where as LP is from a dedicated platform. this might be a way small cap people can try a bot and then see if they want to take on the better bot LP runs. so i am not trying to say use this over LP's. i am saying it might be a way for people to get used to automated trading and then take the plunge with HB or what ever on tradewave. a cheap test drive so there is no buyers remorse