NCA 2: THE CHARTBOOK

[IgazI]

You don't even want to know what my price prediction is, it will just make you angry

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[Jalarupa]

How'd I do...?

[aliassmith]

You don't even want to know what my price prediction is, it will just make you angry

waaa.png

I haven’t looked at bitcon for awhile. Damn $19k is low. More people missed that moon trip it seems.

[Don_xyZ]

Remember, these are not candles! you are not waiting for 'boxes to close':

The sea of closes is simplified into frames so that you can better grasp the history of the underlying price movement; we are still using the individual closes to take action.

action.png

So it's kinda like x-ray to the frame and act upon the expected domino effect?

[Don_xyZ]

You don't even want to know what my price prediction is, it will just make you angry

waaa.png

I haven’t looked at bitcon for awhile. Damn $19k is low. More people missed that moon trip it seems.

Lotsa newer holders are pissed lolz
Gonna be interesting to see where price will be 3 years from now.

[IgazI]

I have to constantly stop myself from making things more difficult than it has to be

- frames
- swings
- closes

Nothing else.

15 minute chart:
a frame is 1/32 of 1440 minutes:

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[IgazI]

Looks gross, doesn't it?

- where am I?
- where am I going?
- use the 15 minute chart to swing the wheel in that direction.

Six hour chart:

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[IgazI]

You can just use HL at the daily level, instead of using closes; the 'wickyness' is at a minimum and it only exists to provide context to your 15 minute swings.

Looking at all of the numbers, you might decide to take reversal trades in the specific range of 190 to 290 pips;
the more swing history, the better your range selection.

Notice also that the big numbers are on top, small on bottom, with a few interrupting swings where the large numbers are on the bottom.

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[IgazI]

That was quite the pamp BTC had. . .
too bad it's an exercise in futility.

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[IgazI]

Change my mind:

12 minute chart of Bitcorn:

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There is plenty of time to exit on a close:

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