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The Swamp

  • #13,561
  • Dec 27, 2017 10:35am Dec 27, 2017 10:35am
Quoting fxtyrant
{quote} yea i know... his mofu is ridiculously good.... been trying to learn but 1. dont even know what mofu means. 2. cant seem to piece together how he comes up with these levels
mofu fibs 55.9 and 44.1, there's your start. put some work into it and you can get the rest
  • #13,562
  • Dec 27, 2017 10:36am Dec 27, 2017 10:36am
Quoting fxtyrant
god.... the doomsday indicator.... 10y v 2y treasury yield spread now down to 0.5248, this is getting really unnerving.... once we hit 0 on that spread... itll be the beginning of the end.... in fact if you looked back to the previous financial crisis when Michael J. Burry famous for being the fund manager who predicted the 2008 financial crisis, i totally understand why he was early into the trade.... treasury yield spread hits 0 around 2006, S&P rallied another 20% until mid 2007 until finally the S&P vindicated his view with a magnificent 56%...
he wasn't the only one who predicted it.. It dont take a rocket scientist to know the entire world ran on oil. it at 80$ was 400% higher than pre 911. since 1973 all downturns in the economy were caused by an spike in oil. at 400% it was the mother of all spikes. at 147 near 800%.. with everyone and their brother around the world filling cans and empty shoes with oil. its going to happen again.. it may be tulip bulbs or bitcoin or its brother. easy money and leverage can be a terrible thing.
those who can, do. those who cant, talk about those who can
  • #13,563
  • Dec 27, 2017 10:41am Dec 27, 2017 10:41am
Quoting gatorinla
{quote} he wasn't the only one who predicted it.. It dont take a rocket scientist to know the entire world ran on oil. it at 80$ was 400% higher than pre 911. since 1973 all downturns in the economy were caused by an spike in oil. at 400% it was the mother of all spikes. at 147 near 800%.. with everyone and their brother around the world filling cans and empty shoes with oil. its going to happen again.. it may be tulip bulbs or bitcoin or its brother. easy money and leverage can be a terrible thing.
well the craze with bitcoin is already starting to feel like this....

shell companies selling juice renaming themselves as crypto only to see shareprice rocket 1000%, i mean if this isnt insanity i dont know what is.....
whats scary is that some of this insanity is Humans beating Algorithms.....
algorithms are easily tricked into believing things especially some that operates on reading headlines....

http://www.zerohedge.com/news/2017-1...ong-blockchain

http://www.zerohedge.com/news/2017-1...hain-expansion

i dont know how the bitcoin storyline is gona unfold but these articles here is not something that sparks confidence in me to buy bitcoin....
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #13,564
  • Dec 27, 2017 10:45am Dec 27, 2017 10:45am
its safe to say year will close higher, Q3 higher, Month higher, week higher, day higher. all closed above previous. looks like it will test 19xx again.. the month had indicated 1939 test.. the week got its 1911 test.. the day is showing it may do it again..

the usd is in the same boat.

being so close to month q and year end.. that day close may not mean so much.. the month close still indicative of 1939 test. year closing here is indicative of a moon landing.
those who can, do. those who cant, talk about those who can
  • #13,565
  • Dec 27, 2017 10:48am Dec 27, 2017 10:48am
Quoting fxtyrant
{quote} well the craze with bitcoin is already starting to feel like this.... shell companies selling juice renaming themselves as crypto only to see shareprice rocket 1000%, i mean if this isnt insanity i dont know what is..... whats scary is that some of this insanity is Humans beating Algorithms..... algorithms are easily tricked into believing things especially some that operates on reading headlines.... http://www.zerohedge.com/news/2017-1...ong-blockchain http://www.zerohedge.com/news/2017-1...hain-expansion...
i am not leveraged.. bought 5k in ripple 2 weeks back..
those who can, do. those who cant, talk about those who can
  • #13,566
  • Dec 27, 2017 10:50am Dec 27, 2017 10:50am
Quoting gatorinla
{quote} i am not leveraged.. bought 5k in ripple 2 weeks back..
not bad! yea ripples the way to go, cheapest transaction...
i mean i believe in blockchain and i believe the fundamental value lies in cryptocurrency to be a method for low cost fund transfers/transaction, so lowest cost wins out eventually.

another crypto has my eyes is IOTA.... interesting concept.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #13,567
  • Dec 27, 2017 11:05am Dec 27, 2017 11:05am
Quoting gatorinla
{quote} i am not leveraged.. bought 5k in ripple 2 weeks back..
are you serious?. ripple..good for you..
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  • #13,568
  • Dec 27, 2017 11:06am Dec 27, 2017 11:06am
As long as eu is under 244 weekly MA bears are in safe...it is around 1.1926...if it will be crossed up and confirmed pain and trouble for bears.
  • #13,569
  • Dec 27, 2017 11:09am Dec 27, 2017 11:09am
Quoting fxtyrant
{quote} not bad! yea ripples the way to go, cheapest transaction... i mean i believe in blockchain and i believe the fundamental value lies in cryptocurrency to be a method for low cost fund transfers/transaction, so lowest cost wins out eventually. another crypto has my eyes is IOTA.... interesting concept.
this time last year.. ethereum was 7-8 bucks ..
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those who can, do. those who cant, talk about those who can
  • #13,570
  • Dec 27, 2017 11:14am Dec 27, 2017 11:14am
Quoting Boulder
{quote} are you serious?. ripple..good for you.. {image}
who has ripple using meta?
those who can, do. those who cant, talk about those who can
  • #13,571
  • Dec 27, 2017 11:16am Dec 27, 2017 11:16am
Quoting gatorinla
{quote} i am not leveraged.. bought 5k in ripple 2 weeks back..
Gator, can you recommend a exchange for purchase?..
Bitstamp, Kraken, or Gatehub?
  • #13,572
  • Dec 27, 2017 11:17am Dec 27, 2017 11:17am
Quoting gatorinla
{quote} who has ripple using meta?
XM
Admiral Market.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #13,573
  • Dec 27, 2017 11:18am Dec 27, 2017 11:18am
Quoting gatorinla
{quote} who has ripple using meta?
is that sarcasm? , or that is a question?

never mind.. sorry for misunderstanding..get it from.instaforex..
  • #13,574
  • Dec 27, 2017 11:20am Dec 27, 2017 11:20am
Quoting Boulder
{quote} is that sarcasm? , or that is a question? never mind.. sorry for misunderstanding..get it from.instaforex..
thats a question.... wants to know which broker has Ripple to trade on MetaTrader.
We live in a finite world with infinite possibilities.
FxTyrant M-Series (Live - Darwinex) All Time Return: 0.7%
  • #13,575
  • Dec 27, 2017 11:22am Dec 27, 2017 11:22am
Quoting Boulder
{quote} Gator, can you recommend a exchange for purchase?.. Bitstamp, Kraken, or Gatehub?
i did bitstamp.. i tried to use it or kraken.. kraken is still investigating me..
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those who can, do. those who cant, talk about those who can
  • #13,576
  • Dec 27, 2017 11:35am Dec 27, 2017 11:35am
Quoting Boulder
{quote} is that sarcasm? , or that is a question? never mind.. sorry for misunderstanding..get it from.instaforex..
i didnt see it.. i still dont see XRP
those who can, do. those who cant, talk about those who can
  • #13,577
  • Dec 27, 2017 11:37am Dec 27, 2017 11:37am
Quoting Boulder
{quote} Gator, can you recommend a exchange for purchase?.. Bitstamp, Kraken, or Gatehub?
i cant recommend any. all are good at taking your money..i haven't tried to redeem yet.
those who can, do. those who cant, talk about those who can
  • #13,578
  • Dec 27, 2017 11:37am Dec 27, 2017 11:37am
Quoting gatorinla
{quote} i didnt see it.. i still dont see XRP
see the chart..
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  • #13,579
  • Dec 27, 2017 11:39am Dec 27, 2017 11:39am
Quoting gatorinla
{quote} i cant recommend any. all are good at taking your money..i haven't tried to redeem yet.
no worries.. I am just looking into this for fun..
  • #13,580
  • Dec 27, 2017 11:43am Dec 27, 2017 11:43am
Quoting Traderak
As long as eu is under 244 weekly MA bears are in safe...it is around 1.1926...if it will be crossed up and confirmed pain and trouble for bears.
Have you been short all the way from 1.03xx?
Since it was below 244 Weakly MA all the way up.
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