Yeah still in no trading zone... max till 29.01.2018
your target 1 and 2 (@famunger) are mixed in cells of @haejin?
Downvoted haejins comment here because i see on my own that he upvoted this post dont needs to get 8usd for this statement. selfupvoter! down with you...
hi @tubokhl - thank you for getting involved in my post. No targets are not mixed up. They were representing the next 2 steps in @haejins reviews. Those were going down to 7'600 and than recovering to 9'000. Hope that clarifies it.
@tuvokhl :-) okay i get it... Tone also tells about no trading zone and "buy bitcoin yesterday" :-)... hodl 90% and trade only with 10%. Other Trader often also dont tell about this kind of mindsets.
Yes - you are right. He had a no trading zone way up to 16'500 - but since he got caught in the bull trap (his own words) he is very bearish and is talking more about the next level barriers - to reverse I think his opinion is still that we need to break over 16'500.
And I agree - I like his analytics very much.
In the future I want to enrich my overview with some indicator showing how often the analysts have been right about the targets they are giving out. I think that would be great to know and brings competitions and therefore hopefully even more quality into the TA. And it is fun I guess :-)
yeah but the intresting with random number generator like tone uses is that you dont look for a price to close position, instead of this you look for the right time... right now at 13k tone goes bullish again if we break.
I dont know how deep you got into it.
Yeah I am aware of the timing indicators. That is really cool advanced stuff. The question is bullish on which scale - the weekly is clearly bearish to him. Out of my head I think the 4hourly was turning bullish. But I still think he said that to turn back bullish overall we need to go over the last significant high. Will look for verification on his next video.
What is your background? It seems you have also quite a lot TA knowledge. Have you been to one of Tone‘s seminars?
I bought indicator and i am in this chatgroups.
Daily turned bullish today. For weekly turning bullish you have to wait to much longer. I consider daily as safe enough entrypoint also because we breakout downtrendline and last days had less volatility. I am continue to be long.
Have you listened to his video today? He seems to me still very bearish. Yes short term (next count) bullish though. I am thinking of attending his class and also buy his indicator. What is your experience? I think positive if I read you correctly?!