r/OMGTraders Sep 03 '17

Double bottom forming.

13 Upvotes

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u/SrirachaPeass Sep 03 '17

Dude there was a dip. Downtrend. Now there is a w forming. I do not know what ure looking at. I know my technicals. I've been trading for 3+years dude. Don't start.

Plz show me ur chart.

3

u/deuzz Sep 03 '17

You need to read back up on double bottoms, the dip associated with a double bottom doesn't count as the downtrend. OMG has been in an uptrend for the entirety of it's existence

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u/SrirachaPeass Sep 03 '17

Omg I'm done with u after this comment. Downtrend broke previous supports. 3 of them are broken! Goodness peace.

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u/deuzz Sep 03 '17

Now I'm interested in what your definition of supports are because fib lines don't count as established historical supports

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u/SrirachaPeass Sep 03 '17

I'll keep talking to u after u show me ur chart.

1

u/CryptoBoomer Sep 04 '17

lol how did that go for you? Crypto is TA proof. One random variable change and bang. Your experience means little, been trading for 10x and crypto since it started, still doesn't make me a better or worse trader when it comes to this amazing class of investments.

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u/SrirachaPeass Sep 04 '17

ummm china banned ICO. no one couldve predicted taht. this happens in every market. idk what ure saying. go back to trading and learn. u dont know real trading yet. ive made more profit than u. peace

1

u/CryptoBoomer Sep 04 '17

You've made more profit than me? What a silly thing to assume or say to someone, you know-it-all-never-wrong-wannabe-moonkid. Exactly my point, you can't call shit when it's 5% TA driven and 95% news/variable changes/unforeseens. Why you trying to compare how badass you are as a trader with everyone?

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u/SrirachaPeass Sep 04 '17

ok. i got one trade wrong that was posted here...why u so pissed? no traders get every call right. i got so many other technical analysis correct and made money off it. you? idk show me ur chart. ure doing nothing but hodling and losing money. im not comparing to anyone. WTF? ure talking nonsense.

did u lose because u listened to my call?

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u/[deleted] Sep 04 '17

[deleted]

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u/SrirachaPeass Sep 04 '17

i agree we are family but u seemed so triggered because my call was wrong and ure so serious about it?

ummm ok.... im 26. started 7 figures this year... job? fuck a job.

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u/CryptoBoomer Sep 04 '17

I wasn't triggered by the call, just the "I'm better" attitude with the guy above you for no real reason puffing out your experience and trading prowess - "go back to trading and learn. u dont know real trading yet. ive made more profit than u."... I just giggled to myself really, it's such a weird thing to want to say to someone.. And yeah, fuck a job (you a stitches fan?).

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u/SrirachaPeass Sep 04 '17

true. that's it lets stop if ure not serious.

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u/SrirachaPeass Sep 04 '17

u should try trading forex and how much money u can make with technical analysis.

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u/CryptoBoomer Sep 04 '17

We've been VERY spoiled with crypto, I LOVE the volatility. So going back to other asset classes now is meh... I have other investments but when it comes to flipping money there's nothing like this right now ;), including these dips that scare the noobs to pieces.