Ecoer Logo
VOTING POWER100.00%
DOWNVOTE POWER100.00%
RESOURCE CREDITS100.00%
REPUTATION PROGRESS13.07%
Net Worth
3.181USD
STEEM
0.000STEEM
SBD
4.919SBD
Own SP
14.135SP

Detailed Balance

STEEM
balance
0.000STEEM
market_balance
0.000STEEM
savings_balance
0.000STEEM
reward_steem_balance
0.000STEEM
STEEM POWER
Own SP
14.135SP
Delegated Out
0.000SP
Delegation In
0.000SP
Effective Power
14.135SP
Reward SP (pending)
0.000SP
SBD
sbd_balance
4.919SBD
sbd_conversions
0.000SBD
sbd_market_balance
0.000SBD
savings_sbd_balance
0.000SBD
reward_sbd_balance
0.000SBD
{
  "balance": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "reward_steem_balance": "0.000 STEEM",
  "vesting_shares": "22989.497823 VESTS",
  "delegated_vesting_shares": "0.000000 VESTS",
  "received_vesting_shares": "0.000000 VESTS",
  "sbd_balance": "4.919 SBD",
  "savings_sbd_balance": "0.000 SBD",
  "reward_sbd_balance": "0.000 SBD",
  "conversions": []
}

Account Info

nameforextrader
id52067
rank102,941
reputation133545492501
created2016-08-08T18:17:03
recovery_accountsteem
proxyNone
post_count14
comment_count0
lifetime_vote_count0
witnesses_voted_for0
last_post2016-08-21T12:12:12
last_root_post2016-08-21T10:59:03
last_vote_time2016-08-21T10:59:03
proxied_vsf_votes0, 0, 0, 0
can_vote1
voting_power9,949
delayed_votes0
balance0.000 STEEM
savings_balance0.000 STEEM
sbd_balance4.919 SBD
savings_sbd_balance0.000 SBD
vesting_shares22989.497823 VESTS
delegated_vesting_shares0.000000 VESTS
received_vesting_shares0.000000 VESTS
reward_vesting_balance0.000000 VESTS
vesting_balance0.000 STEEM
vesting_withdraw_rate0.000000 VESTS
next_vesting_withdrawal1969-12-31T23:59:59
withdrawn0
to_withdraw0
withdraw_routes0
savings_withdraw_requests0
last_account_recovery1970-01-01T00:00:00
reset_accountnull
last_owner_update2016-08-14T05:49:09
last_account_update2016-08-14T05:49:09
minedNo
sbd_seconds855,343,719
sbd_last_interest_payment2016-08-16T16:53:42
savings_sbd_last_interest_payment1970-01-01T00:00:00
{
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM7Ns5rTt48kmSJNbwMkTYCmdGM3UiTrgDN3HAXWoNDiUvrZRLRB",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "balance": "0.000 STEEM",
  "can_vote": true,
  "comment_count": 0,
  "created": "2016-08-08T18:17:03",
  "curation_rewards": 0,
  "delegated_vesting_shares": "0.000000 VESTS",
  "downvote_manabar": {
    "current_mana": 0,
    "last_update_time": 1470680223
  },
  "guest_bloggers": [],
  "id": 52067,
  "json_metadata": "",
  "last_account_recovery": "1970-01-01T00:00:00",
  "last_account_update": "2016-08-14T05:49:09",
  "last_owner_update": "2016-08-14T05:49:09",
  "last_post": "2016-08-21T12:12:12",
  "last_root_post": "2016-08-21T10:59:03",
  "last_vote_time": "2016-08-21T10:59:03",
  "lifetime_vote_count": 0,
  "market_history": [],
  "memo_key": "STM8L5CJmBbHbmfGMmnU19jhttGyiuMxTxyVHXAamyS3uGhiYLRs7",
  "mined": false,
  "name": "forextrader",
  "next_vesting_withdrawal": "1969-12-31T23:59:59",
  "other_history": [],
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM7tZuX8Cr2apjpn2D3YdG76esYCqf3dM1KXxEriysnGsmTrhS1W",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "pending_claimed_accounts": 0,
  "post_bandwidth": 10000,
  "post_count": 14,
  "post_history": [],
  "posting": {
    "account_auths": [],
    "key_auths": [
      [
        "STM4vuZkmGcphNnQboSfPNFrQfq4kvVP6HFXP5JQUTS6bTQvEPyFL",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting_json_metadata": "",
  "posting_rewards": 6584,
  "proxied_vsf_votes": [
    0,
    0,
    0,
    0
  ],
  "proxy": "",
  "received_vesting_shares": "0.000000 VESTS",
  "recovery_account": "steem",
  "reputation": "133545492501",
  "reset_account": "null",
  "reward_sbd_balance": "0.000 SBD",
  "reward_steem_balance": "0.000 STEEM",
  "reward_vesting_balance": "0.000000 VESTS",
  "reward_vesting_steem": "0.000 STEEM",
  "savings_balance": "0.000 STEEM",
  "savings_sbd_balance": "0.000 SBD",
  "savings_sbd_last_interest_payment": "1970-01-01T00:00:00",
  "savings_sbd_seconds": "0",
  "savings_sbd_seconds_last_update": "1970-01-01T00:00:00",
  "savings_withdraw_requests": 0,
  "sbd_balance": "4.919 SBD",
  "sbd_last_interest_payment": "2016-08-16T16:53:42",
  "sbd_seconds": "855343719",
  "sbd_seconds_last_update": "2016-08-19T14:26:24",
  "tags_usage": [],
  "to_withdraw": 0,
  "transfer_history": [],
  "vesting_balance": "0.000 STEEM",
  "vesting_shares": "22989.497823 VESTS",
  "vesting_withdraw_rate": "0.000000 VESTS",
  "vote_history": [],
  "voting_manabar": {
    "current_mana": 9949,
    "last_update_time": 1471777143
  },
  "voting_power": 9949,
  "withdraw_routes": 0,
  "withdrawn": 0,
  "witness_votes": [],
  "witnesses_voted_for": 0,
  "rank": 102941
}

Withdraw Routes

IncomingOutgoing
Empty
Empty
{
  "incoming": [],
  "outgoing": []
}
From Date
To Date
2019/08/08 19:46:54
authorsteemitboard
bodyCongratulations @forextrader! You received a personal award! <table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@forextrader/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table> <sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@forextrader) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=forextrader)_</sub> ###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!
json metadata{"image":["https://steemitboard.com/img/notify.png"]}
parent authorforextrader
parent permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
permlinksteemitboard-notify-forextrader-20190808t194653000z
title
Transaction InfoBlock #35381257/Trx ebbc88fc5c0e1dbfad7e2e43e3ba3b86ac93dd9f
View Raw JSON Data
{
  "block": 35381257,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @forextrader! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@forextrader/birthday3.png</td><td>Happy Birthday! - You are on the Steem blockchain for 3 years!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@forextrader) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=forextrader)_</sub>\n\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notify.png\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "permlink": "steemitboard-notify-forextrader-20190808t194653000z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2019-08-08T19:46:54",
  "trx_id": "ebbc88fc5c0e1dbfad7e2e43e3ba3b86ac93dd9f",
  "trx_in_block": 19,
  "virtual_op": 0
}
2018/06/17 09:40:42
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
voterfactastichealth
weight10000 (100.00%)
Transaction InfoBlock #23397567/Trx e2d3099f015d09ae4768c9a59f3481277ed31a5c
View Raw JSON Data
{
  "block": 23397567,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "factastichealth",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2018-06-17T09:40:42",
  "trx_id": "e2d3099f015d09ae4768c9a59f3481277ed31a5c",
  "trx_in_block": 22,
  "virtual_op": 0
}
2017/08/08 20:34:45
authorsteemitboard
bodyCongratulations @forextrader! You have received a personal award! [![](https://steemitimages.com/70x70/http://steemitboard.com/@forextrader/birthday1.png)](http://steemitboard.com/@forextrader) Happy Birthday - 1 Year on Steemit Happy Birthday - 1 Year on Steemit Click on the badge to view your own Board of Honor on SteemitBoard. For more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday) > By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!
json metadata{"image":["https://steemitboard.com/img/notifications.png"]}
parent authorforextrader
parent permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
permlinksteemitboard-notify-forextrader-20170808t203447000z
title
Transaction InfoBlock #14404653/Trx 03d7ae749a775888bdfbc7d6dc06ff0d5463287d
View Raw JSON Data
{
  "block": 14404653,
  "op": [
    "comment",
    {
      "author": "steemitboard",
      "body": "Congratulations @forextrader! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@forextrader/birthday1.png)](http://steemitboard.com/@forextrader)  Happy Birthday - 1 Year on Steemit Happy Birthday - 1 Year on Steemit\nClick on the badge to view your own Board of Honor on SteemitBoard.\n\nFor more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday)\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
      "json_metadata": "{\"image\":[\"https://steemitboard.com/img/notifications.png\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "permlink": "steemitboard-notify-forextrader-20170808t203447000z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2017-08-08T20:34:45",
  "trx_id": "03d7ae749a775888bdfbc7d6dc06ff0d5463287d",
  "trx_in_block": 28,
  "virtual_op": 0
}
2017/07/12 23:53:48
authornzfxtrader
bodyGreat post, thanks for sharing. Nice to see some other forex traders here on Steemit. Cheers!
json metadata{"tags":["introduceyourself"],"app":"steemit/0.1"}
parent authorforextrader
parent permlinkforex-and-crypto-trader-perpetual-traveller-and-anarcho-capitalist-singing-in
permlinkre-forextrader-forex-and-crypto-trader-perpetual-traveller-and-anarcho-capitalist-singing-in-20170712t235346754z
title
Transaction InfoBlock #13631880/Trx a70cd9e1a295171051bb5d85c650de594704a190
View Raw JSON Data
{
  "block": 13631880,
  "op": [
    "comment",
    {
      "author": "nzfxtrader",
      "body": "Great post, thanks for sharing. Nice to see some other forex traders here on Steemit. Cheers!",
      "json_metadata": "{\"tags\":[\"introduceyourself\"],\"app\":\"steemit/0.1\"}",
      "parent_author": "forextrader",
      "parent_permlink": "forex-and-crypto-trader-perpetual-traveller-and-anarcho-capitalist-singing-in",
      "permlink": "re-forextrader-forex-and-crypto-trader-perpetual-traveller-and-anarcho-capitalist-singing-in-20170712t235346754z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2017-07-12T23:53:48",
  "trx_id": "a70cd9e1a295171051bb5d85c650de594704a190",
  "trx_in_block": 10,
  "virtual_op": 0
}
2017/07/07 09:51:21
authorforextrader
permlinkexamining-the-correlation-between-bitcoin-and-the-chinese-yuan
votercarbonemys
weight10000 (100.00%)
Transaction InfoBlock #13471200/Trx dab4d72863a3e0fed6caf026ce1887ae778be309
View Raw JSON Data
{
  "block": 13471200,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "examining-the-correlation-between-bitcoin-and-the-chinese-yuan",
      "voter": "carbonemys",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2017-07-07T09:51:21",
  "trx_id": "dab4d72863a3e0fed6caf026ce1887ae778be309",
  "trx_in_block": 15,
  "virtual_op": 0
}
2017/06/11 18:19:36
authorforextrader
permlinkforex-and-crypto-trader-perpetual-traveller-and-anarcho-capitalist-singing-in
voterahmedmorra
weight10000 (100.00%)
Transaction InfoBlock #12733963/Trx 7cc84a7d0de515c6309ff3fa6464b8543ce053c7
View Raw JSON Data
{
  "block": 12733963,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "forex-and-crypto-trader-perpetual-traveller-and-anarcho-capitalist-singing-in",
      "voter": "ahmedmorra",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2017-06-11T18:19:36",
  "trx_id": "7cc84a7d0de515c6309ff3fa6464b8543ce053c7",
  "trx_in_block": 5,
  "virtual_op": 0
}
2016/12/28 19:49:18
authorforextrader
permlinkexamining-the-correlation-between-bitcoin-and-the-chinese-yuan
votertampaluke
weight10000 (100.00%)
Transaction InfoBlock #7989529/Trx 2a723bbe272d0f2d47553c50abf0584befe7445b
View Raw JSON Data
{
  "block": 7989529,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "examining-the-correlation-between-bitcoin-and-the-chinese-yuan",
      "voter": "tampaluke",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-12-28T19:49:18",
  "trx_id": "2a723bbe272d0f2d47553c50abf0584befe7445b",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/12/28 19:48:18
authorforextrader
permlinkre-forextrader-examining-the-correlation-between-bitcoin-and-the-chinese-yuan-20160817t181821202z
votertampaluke
weight10000 (100.00%)
Transaction InfoBlock #7989509/Trx 8e84677813f33684f9e092e097944d8f34941459
View Raw JSON Data
{
  "block": 7989509,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "re-forextrader-examining-the-correlation-between-bitcoin-and-the-chinese-yuan-20160817t181821202z",
      "voter": "tampaluke",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-12-28T19:48:18",
  "trx_id": "8e84677813f33684f9e092e097944d8f34941459",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/21 16:20:57
authorforextrader
permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
voterhelikopterben
weight10000 (100.00%)
Transaction InfoBlock #4279501/Trx fa873cbe4418aee1319a563a3605913b50871b46
View Raw JSON Data
{
  "block": 4279501,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "voter": "helikopterben",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T16:20:57",
  "trx_id": "fa873cbe4418aee1319a563a3605913b50871b46",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/21 16:05:36
authorforextrader
permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
voterhappylovelife
weight10000 (100.00%)
Transaction InfoBlock #4279197/Trx dad6fdc1a8965fa6fede3d7f308f5592ce67c41c
View Raw JSON Data
{
  "block": 4279197,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "voter": "happylovelife",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T16:05:36",
  "trx_id": "dad6fdc1a8965fa6fede3d7f308f5592ce67c41c",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/21 12:28:54
authoroululahti
body@@ -206,70 +206,8 @@ ;)%0A%0A -But again, not trying to downtalk the effort you put into it.%0A By %22
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274927/Trx 6f6631f18b98000f6a726058c7907c01c27cea0c
View Raw JSON Data
{
  "block": 4274927,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -206,70 +206,8 @@\n ;)%0A%0A\n-But again, not trying to downtalk the effort you put into it.%0A\n By %22\n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:28:54",
  "trx_id": "6f6631f18b98000f6a726058c7907c01c27cea0c",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/21 12:28:42
authoroululahti
body@@ -1102,8 +1102,71 @@ useless. +%0A%0ABut again, not trying to downtalk the effort you put into it.
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274923/Trx a70daa12042f12dee1c0afc67e75d6b11a763b8e
View Raw JSON Data
{
  "block": 4274923,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -1102,8 +1102,71 @@\n useless.\n+%0A%0ABut again, not trying to downtalk the effort you put into it.\n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:28:42",
  "trx_id": "a70daa12042f12dee1c0afc67e75d6b11a763b8e",
  "trx_in_block": 7,
  "virtual_op": 0
}
2016/08/21 12:28:06
authorforextrader
permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
voterdomavila
weight10000 (100.00%)
Transaction InfoBlock #4274911/Trx aa471521675ac98682fa3a000052eef3bb62fd6c
View Raw JSON Data
{
  "block": 4274911,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "voter": "domavila",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:28:06",
  "trx_id": "aa471521675ac98682fa3a000052eef3bb62fd6c",
  "trx_in_block": 4,
  "virtual_op": 0
}
2016/08/21 12:28:03
authorforextrader
permlinkbitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016
voterdomavila
weight10000 (100.00%)
Transaction InfoBlock #4274910/Trx 83d882baedab3e10823d0d079b48a924f9f4ff2f
View Raw JSON Data
{
  "block": 4274910,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "bitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016",
      "voter": "domavila",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:28:03",
  "trx_id": "83d882baedab3e10823d0d079b48a924f9f4ff2f",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/21 12:27:54
authoroululahti
body@@ -202,16 +202,78 @@ ... ;)%0A%0A +But again, not trying to downtalk the effort you put into it.%0A By %22Beta
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274908/Trx 87d8fdf3cc264b92998781da82b187b03f0eec79
View Raw JSON Data
{
  "block": 4274908,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -202,16 +202,78 @@\n ... ;)%0A%0A\n+But again, not trying to downtalk the effort you put into it.%0A\n By %22Beta\n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:27:54",
  "trx_id": "87d8fdf3cc264b92998781da82b187b03f0eec79",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/21 12:26:21
authoroululahti
body@@ -793,19 +793,19 @@ be +f ac -c +t or -d ed -to +in by
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274878/Trx 5aec0a56ad9a444b186842b66922faaa90b48ddf
View Raw JSON Data
{
  "block": 4274878,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -793,19 +793,19 @@\n  be \n+f\n ac\n-c\n+t\n or\n-d\n ed \n-to\n+in\n  by \n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:26:21",
  "trx_id": "5aec0a56ad9a444b186842b66922faaa90b48ddf",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/21 12:25:30
authoroululahti
body@@ -817,28 +817,231 @@ applying technical analysis. +%0A%0AIt's trying to do technical analysis for a company like Apple the moment it came out of the garage. There's so much uncertainty on where it will go, such analysis is interesting but basically useless.
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274861/Trx 32db08a19d959e315493b5c39813e754880f1573
View Raw JSON Data
{
  "block": 4274861,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -817,28 +817,231 @@\n applying technical analysis.\n+%0A%0AIt's trying to do technical analysis for a company like Apple the moment it came out of the garage. There's so much uncertainty on where it will go, such analysis is interesting but  basically useless.\n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:25:30",
  "trx_id": "32db08a19d959e315493b5c39813e754880f1573",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/21 12:24:00
authoroululahti
body@@ -798,16 +798,19 @@ ccorded +to by only
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274831/Trx 71cc2c20e6de2e74c3b01c7320ec920bde4366f4
View Raw JSON Data
{
  "block": 4274831,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -798,16 +798,19 @@\n ccorded \n+to \n by only \n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:24:00",
  "trx_id": "71cc2c20e6de2e74c3b01c7320ec920bde4366f4",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/21 12:23:36
authoroululahti
body@@ -546,12 +546,8 @@ hat -you simp
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274823/Trx bf567701455e6fd60c520e7d6a0cc319014effd0
View Raw JSON Data
{
  "block": 4274823,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -546,12 +546,8 @@\n hat \n-you \n simp\n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:23:36",
  "trx_id": "bf567701455e6fd60c520e7d6a0cc319014effd0",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/21 12:22:42
authoroululahti
body@@ -805,20 +805,18 @@ rded by -simp +on ly apply
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274806/Trx 8e5ad76bdc5042d142c29e057f88463136653602
View Raw JSON Data
{
  "block": 4274806,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -805,20 +805,18 @@\n rded by \n-simp\n+on\n ly apply\n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:22:42",
  "trx_id": "8e5ad76bdc5042d142c29e057f88463136653602",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/21 12:22:27
authoroululahti
body@@ -500,22 +500,47 @@ se and c -oncept +hances as well as possible flaw s etc th
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274801/Trx f13a8f1c7216fb63b81719a23034e265ae0f375e
View Raw JSON Data
{
  "block": 4274801,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -500,22 +500,47 @@\n se and c\n-oncept\n+hances as well as possible flaw\n s etc th\n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:22:27",
  "trx_id": "f13a8f1c7216fb63b81719a23034e265ae0f375e",
  "trx_in_block": 4,
  "virtual_op": 0
}
2016/08/21 12:21:45
authoroululahti
body@@ -107,16 +107,26 @@ . So I'm + %22somehow%22 aware o
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274787/Trx e6d02fa8f6113d6b06eb22713c73efbac9ab815b
View Raw JSON Data
{
  "block": 4274787,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -107,16 +107,26 @@\n . So I'm\n+ %22somehow%22\n  aware o\n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:21:45",
  "trx_id": "e6d02fa8f6113d6b06eb22713c73efbac9ab815b",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/21 12:21:18
authoroululahti
bodyI worked as an equities and derivatives trader as well as market maker in investment banking for some time. So I'm aware of the idea behing technical analysis. That's why I wrote this comment... ;) By "Beta" I'm not necessarily refering to the label on the logo, but the actual developement state Steem is in atm, with the constant updates and features added as well as the fact it's on the market for merely 4 months now. It's a project that's so "new" regarding concepts, ideas, user base and concepts etc that you simple chart patterning doesn't do any good for mid- to long-term assumptions. It's in such an early stage that it either fails completely within half a year or takes off. There's not much inbetween due to dozens of facts and issues that can't be accorded by simply applying technical analysis.
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
permlinkre-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z
title
Transaction InfoBlock #4274778/Trx 894e1b05762f8e18fa0ddd0adc49a34ed98176ad
View Raw JSON Data
{
  "block": 4274778,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "I worked as an equities and derivatives trader as well as market maker in investment banking for some time. So I'm aware of the idea behing technical analysis. That's why I wrote this comment... ;)\n\nBy \"Beta\" I'm not necessarily refering to the label on the logo, but the actual developement state Steem is in atm, with the constant updates and features added as well as the fact it's on the market for merely 4 months now.\nIt's a project that's so \"new\" regarding concepts, ideas, user base and concepts etc that you simple chart patterning doesn't do any good for mid- to long-term assumptions. It's in such an early stage that it either fails completely within half a year or takes off. There's not much inbetween due to dozens of facts and issues that can't be accorded by simply applying technical analysis.",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "permlink": "re-forextrader-re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t122118328z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:21:18",
  "trx_id": "894e1b05762f8e18fa0ddd0adc49a34ed98176ad",
  "trx_in_block": 3,
  "virtual_op": 0
}
2016/08/21 12:12:12
authorforextrader
bodyNah its cool :) Most if not all financial instruments make the same patterns. This is mainly due to order flow or investor psychology like I wrote in my post. The BETA label doesn't mean much these days. Bitcoin itself was in beta for years. Maybe it stills is? BETA is just a label used by developers to limit their liability if shit hits the fan. https://bitcoinmagazine.com/articles/bitcoin-beta-longer-gmail-1396323056
json metadata{"tags":["steem"],"links":["https://bitcoinmagazine.com/articles/bitcoin-beta-longer-gmail-1396323056"]}
parent authoroululahti
parent permlinkre-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t112520411z
permlinkre-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z
title
Transaction InfoBlock #4274597/Trx b66b7e87026286baa33317f7da7abddd9260fc43
View Raw JSON Data
{
  "block": 4274597,
  "op": [
    "comment",
    {
      "author": "forextrader",
      "body": "Nah its cool :) Most if not all financial instruments make the same patterns. This is mainly due to order flow or investor psychology like I wrote in my post. \n\nThe BETA label doesn't mean much these days. Bitcoin itself was in beta for years. Maybe it stills is? BETA is just a label used by developers to limit their liability if shit hits the fan. \n\nhttps://bitcoinmagazine.com/articles/bitcoin-beta-longer-gmail-1396323056",
      "json_metadata": "{\"tags\":[\"steem\"],\"links\":[\"https://bitcoinmagazine.com/articles/bitcoin-beta-longer-gmail-1396323056\"]}",
      "parent_author": "oululahti",
      "parent_permlink": "re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t112520411z",
      "permlink": "re-oululahti-re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t121208724z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T12:12:12",
  "trx_id": "b66b7e87026286baa33317f7da7abddd9260fc43",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/21 11:25:54
authorforextrader
permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
voteroululahti
weight10000 (100.00%)
Transaction InfoBlock #4273678/Trx dec88ce9e998e2abca32f24a6b9993b8ff2ea505
View Raw JSON Data
{
  "block": 4273678,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "voter": "oululahti",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T11:25:54",
  "trx_id": "dec88ce9e998e2abca32f24a6b9993b8ff2ea505",
  "trx_in_block": 3,
  "virtual_op": 0
}
2016/08/21 11:25:51
authoroululahti
body@@ -185,8 +185,50 @@ e least. +%0A%0ABut I'll leave an upvote for the effort.
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
permlinkre-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t112520411z
title
Transaction InfoBlock #4273677/Trx ffc9451946964d9c495f123a2776c5b66dceb6a4
View Raw JSON Data
{
  "block": 4273677,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "@@ -185,8 +185,50 @@\n e least.\n+%0A%0ABut I'll leave an upvote for the effort.\n",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "permlink": "re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t112520411z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T11:25:51",
  "trx_id": "ffc9451946964d9c495f123a2776c5b66dceb6a4",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/21 11:25:18
authoroululahti
bodyAnalyzing some chart patterns for something that's barely 4 months old as well as in its very early beta-phase and trying to predict a price for year's end seems a bit vague, to say the least.
json metadata{"tags":["steem"]}
parent authorforextrader
parent permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
permlinkre-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t112520411z
title
Transaction InfoBlock #4273666/Trx 27435ae54decb48e2fb2e3e3639f062857998012
View Raw JSON Data
{
  "block": 4273666,
  "op": [
    "comment",
    {
      "author": "oululahti",
      "body": "Analyzing some chart patterns for something that's barely 4 months old as well as in its very early beta-phase and trying to predict a price for year's end seems a bit vague, to say the least.",
      "json_metadata": "{\"tags\":[\"steem\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "permlink": "re-forextrader-usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21-20160821t112520411z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T11:25:18",
  "trx_id": "27435ae54decb48e2fb2e3e3639f062857998012",
  "trx_in_block": 3,
  "virtual_op": 0
}
2016/08/21 11:03:03
authorforextrader
permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
voterkalyan
weight10000 (100.00%)
Transaction InfoBlock #4273225/Trx e41e81a02783a3d5929b1c77e9fb38d114713dbe
View Raw JSON Data
{
  "block": 4273225,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "voter": "kalyan",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T11:03:03",
  "trx_id": "e41e81a02783a3d5929b1c77e9fb38d114713dbe",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/21 10:59:03
authorforextrader
permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
voterforextrader
weight10000 (100.00%)
Transaction InfoBlock #4273146/Trx 08ad9ff6f5b44ee0426c7bf1da3f66366f1a9fb6
View Raw JSON Data
{
  "block": 4273146,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "voter": "forextrader",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T10:59:03",
  "trx_id": "08ad9ff6f5b44ee0426c7bf1da3f66366f1a9fb6",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/21 10:59:03
authorforextrader
bodyIn my STEEM analysis few days ago I hypothesised that STEEM/BTC will not revisited the highs at 0.0075 this year. Here are the cliffnotes of that article. It took around one month for Steem to lose over 61% of its value. This is a relatively small amount of time and points to a classic chart of bubble gone bust. ![](https://s20.postimg.org/6wcpqf1ml/steem_15aug_2016_2_Copy.png) It is highly unlikely that we're going to see STEEM resume its upward trajectory after such a sharp fall, at least for the next few months. In fact if the previous BTC crashes are any guide, the recovery may takes years. In the past three days we got more confirmation that we’re now in downward trend. See the 2 Hour chart below. Prices rallied to a high of 0.003246 on Poloniex four days ago only to be met with heavy selling. We’re now quoted at 0.002467, close to where we were before the spike higher transpired. ![]( https://s20.postimg.org/maqm2brwd/steem_21aug_Copy.png) This reverse V-shaped price formation is a bearish signal. The large pinbar in the middle is not helping things either. It shows that the buying pressure lasted only for a short period of time before it was overwhelmed by selling. This is exactly what you would expect to happen during bear market rallies. As I said in my previous STEEM/BTC analysis, basic market psychology is at play here. The fast decline likely caught many by surprise. Plenty of people stayed on the sidelines waiting for a bounce. If we start moving higher these traders will start to dump the coins they're holding and the higher we go, the more the selling will intensify. A continuation of the downward trend now seems likely. Possible support on the way down can be found at this month’s low of 0.002262, closely followed by the round 0.002 level. Further down we have the 0.00168 high, the breakout point for the current bubble. A revisit of this level may be met with some buying pressure, at least in the short-term. Please follow me here https://steemit.com/@forextrader to receive my regular updates. I try to post at least once per day. My previous STEEM/BTC analysis can be found here https://steemit.com/steem/@forextrader/usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
json metadata{"tags":["steem","bitcoin","trading","investing","money"],"image":["https://s20.postimg.org/6wcpqf1ml/steem_15aug_2016_2_Copy.png"]}
parent author
parent permlinksteem
permlinkusdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21
title$STEEM/BTC : Recent Price Action Confirms Downward Trend (Technical Analysis, Poloniex, August 21)
Transaction InfoBlock #4273146/Trx 08ad9ff6f5b44ee0426c7bf1da3f66366f1a9fb6
View Raw JSON Data
{
  "block": 4273146,
  "op": [
    "comment",
    {
      "author": "forextrader",
      "body": "In my STEEM analysis few days ago I hypothesised that STEEM/BTC will not revisited the highs at 0.0075 this year. Here are the cliffnotes of that article. It took around one month for Steem to lose over 61% of its value. This is a relatively small amount of time and points to a classic chart of bubble gone bust.\n\n![](https://s20.postimg.org/6wcpqf1ml/steem_15aug_2016_2_Copy.png)\n\nIt is highly unlikely that we're going to see STEEM resume its upward trajectory after such a sharp fall, at least for the next few months. In fact if the previous BTC crashes are any guide, the recovery may takes years.\n\nIn the past three days we got more confirmation that we’re now in downward trend. See the 2 Hour chart below. Prices rallied to a high of 0.003246 on Poloniex four days ago only to be met with heavy selling. We’re now quoted at 0.002467, close to where we were before the spike higher transpired. \n\n![]( https://s20.postimg.org/maqm2brwd/steem_21aug_Copy.png)\n\nThis reverse V-shaped price formation is a bearish signal. The large pinbar in the middle is not helping things either. It shows that the buying pressure lasted only for a short period of time before it was overwhelmed by selling. \n\nThis is exactly what you would expect to happen during bear market rallies. As I said in my previous STEEM/BTC analysis, basic market psychology is at play here. The fast decline likely caught many by surprise. Plenty of people stayed on the sidelines waiting for a bounce. If we start moving higher these traders will start to dump the coins they're holding and the higher we go, the more the selling will intensify.\n\nA continuation of the downward trend now seems likely. Possible support on the way down can be found at this month’s low of 0.002262, closely followed by the round 0.002 level. Further down we have the 0.00168 high, the breakout point for the current bubble. A revisit of this level may be met with some buying pressure, at least in the short-term.\n\nPlease follow me here https://steemit.com/@forextrader to receive my regular updates. I try to post at least once per day.\n\nMy previous STEEM/BTC analysis can be found here https://steemit.com/steem/@forextrader/usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "json_metadata": "{\"tags\":[\"steem\",\"bitcoin\",\"trading\",\"investing\",\"money\"],\"image\":[\"https://s20.postimg.org/6wcpqf1ml/steem_15aug_2016_2_Copy.png\"]}",
      "parent_author": "",
      "parent_permlink": "steem",
      "permlink": "usdsteem-btc-recent-price-action-confirms-downward-trend-technical-analysis-poloniex-august-21",
      "title": "$STEEM/BTC : Recent Price Action Confirms Downward Trend (Technical Analysis, Poloniex, August 21)"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-21T10:59:03",
  "trx_id": "08ad9ff6f5b44ee0426c7bf1da3f66366f1a9fb6",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/19 18:09:24
authorforextrader
permlinkbitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016
voterhappylovelife
weight10000 (100.00%)
Transaction InfoBlock #4224440/Trx fc2b9ecb8c981bf979f5d6b71f45b34c60dabefb
View Raw JSON Data
{
  "block": 4224440,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "bitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016",
      "voter": "happylovelife",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-19T18:09:24",
  "trx_id": "fc2b9ecb8c981bf979f5d6b71f45b34c60dabefb",
  "trx_in_block": 3,
  "virtual_op": 0
}
2016/08/19 17:43:18
authorforextrader
permlinkbitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016
voterfunkywanderer
weight10000 (100.00%)
Transaction InfoBlock #4223923/Trx 80abb61b2de2a24cbe70849eb5ff4ea17db6ff18
View Raw JSON Data
{
  "block": 4223923,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "bitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016",
      "voter": "funkywanderer",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-19T17:43:18",
  "trx_id": "80abb61b2de2a24cbe70849eb5ff4ea17db6ff18",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/19 17:41:06
authorforextrader
permlinkbitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016
votermatrixdweller
weight10000 (100.00%)
Transaction InfoBlock #4223880/Trx 122b5b34c8af3f57ebc06b4f8ca30d70c2d8426e
View Raw JSON Data
{
  "block": 4223880,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "bitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016",
      "voter": "matrixdweller",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-19T17:41:06",
  "trx_id": "122b5b34c8af3f57ebc06b4f8ca30d70c2d8426e",
  "trx_in_block": 3,
  "virtual_op": 0
}
2016/08/19 17:40:39
authorforextrader
permlinkbitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016
voterforextrader
weight10000 (100.00%)
Transaction InfoBlock #4223871/Trx 0f37262b8e799cc0d3f93e915d592ad75b5cdebc
View Raw JSON Data
{
  "block": 4223871,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "bitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016",
      "voter": "forextrader",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-19T17:40:39",
  "trx_id": "0f37262b8e799cc0d3f93e915d592ad75b5cdebc",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/19 17:40:39
authorforextrader
bodyAfter the Bitfinex hack crash and the recovery that followed, bitcoin has been stuck in a large triangle pattern. The market is in a 'wait and see' mode here. The likely culprit for this is again Bitfinex as the former number one BTCUSD exchange tethers on the edge of bankruptcy. But this is a technical analysis update so let's hit the charts! The chart below uses BTC-E price feed, exchange that took up the number one mantle from Bitfinex. ![]( https://s20.postimg.org/twtxgct19/btc-19aug2016-1+-Copy.png) On our first picture above we see that bitcoin has been stuck in a large triangle pattern. The current boundaries of this price formation are at $566 (bottom) and $577 (top). Because of the nature of this price formation, we could get a breakout with the simple passage of time, not triggered by any price movement. Because of this (and to shields us from false breakouts) a little bit wider range seems more appropriate, with a top at $584 and a bottom at $560. Bearish Breakout Targets Long-Term Trendline A move to the downside has more potential due to the fact that we've been in a downward trend on the daily charts since the peak near $800 two months ago. But if we zoom out a bit we can see that bitcoin has yet to break the long-term trendline stretching all the way back to August of last year. This year-long trendline lended some support to prices during the chaos following the Bitfinex hack and will likely continue to do so. Conservative shorts should keep this trendline in mind as a potential target. It's around $513 right now but it will slowly move up with time. ![]( https://s20.postimg.org/gh6wqwkjh/btc-19aug2016-2+-Copy.png) Bulls Should Stay Nimble If we get a bullish breakout above $580, things are more complicated. As I wrote above the daily trend has been down for two months and it would be unreasonable to expect this to change. Possible targets are the $600 and $650 round levels. Bulls are fighting against the momentum and should stay nimble in this environment. That’s it for now, please follow me at https://steemit.com/@forextrader to be updated when a new post comes up. I usually post at least once per day. ![]( https://s20.postimg.org/7aom3mfb1/btc-19aug2016-3+-Copy.png)
json metadata{"tags":["trading","bitcoin","money","investing","technical-analysis"],"image":["https://s20.postimg.org/twtxgct19/btc-19aug2016-1+-Copy.png"]}
parent author
parent permlinktrading
permlinkbitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016
titleBitcoin Stuck in Large Triangle but Breakout Seems Imminent - BTC/USD August 19th, 2016
Transaction InfoBlock #4223871/Trx 0f37262b8e799cc0d3f93e915d592ad75b5cdebc
View Raw JSON Data
{
  "block": 4223871,
  "op": [
    "comment",
    {
      "author": "forextrader",
      "body": "After the Bitfinex hack crash and the recovery that followed, bitcoin has been stuck in a large triangle pattern. The market is in a 'wait and see' mode here. The likely culprit for this is again Bitfinex as the former number one BTCUSD exchange tethers on the edge of bankruptcy. \n\nBut this is a technical analysis update so let's hit the charts! The chart below uses BTC-E price feed, exchange that took up the number one mantle from Bitfinex.\n\n![]( https://s20.postimg.org/twtxgct19/btc-19aug2016-1+-Copy.png)\n\nOn our first picture above we see that bitcoin has been stuck in a large triangle pattern. The current boundaries of this price formation are at $566 (bottom) and $577 (top). Because of the nature of this price formation, we could get a breakout with the simple passage of time, not triggered by any price movement. Because of this (and to shields us from false breakouts) a little bit wider range seems more appropriate, with a top at $584 and a bottom at $560.\n\nBearish Breakout Targets Long-Term Trendline \n\nA move to the downside has more potential due to the fact that we've been in a downward trend on the daily charts since the peak near $800 two months ago. But if we zoom out a bit we can see that  bitcoin has yet to break the long-term trendline stretching all the way back to August of last year. This year-long trendline lended some support to prices during the chaos following the Bitfinex hack and will likely continue to do so. Conservative shorts should keep this trendline in mind as a potential target. It's around $513 right now but it will slowly move up with time.\n\n![]( https://s20.postimg.org/gh6wqwkjh/btc-19aug2016-2+-Copy.png)\n\nBulls Should Stay Nimble\n\nIf we get a bullish breakout above $580, things are more complicated. As I wrote above the daily trend has been down for two months and it would be unreasonable to expect this to change. Possible targets are the $600 and $650 round levels. Bulls are fighting against the momentum and should stay nimble in this environment. \n\nThat’s it for now, please follow me at https://steemit.com/@forextrader to be updated when a new post comes up. I usually post at least once per day. \n\n![]( https://s20.postimg.org/7aom3mfb1/btc-19aug2016-3+-Copy.png)",
      "json_metadata": "{\"tags\":[\"trading\",\"bitcoin\",\"money\",\"investing\",\"technical-analysis\"],\"image\":[\"https://s20.postimg.org/twtxgct19/btc-19aug2016-1+-Copy.png\"]}",
      "parent_author": "",
      "parent_permlink": "trading",
      "permlink": "bitcoin-stuck-in-large-triangle-but-breakout-seems-imminent-btc-usd-august-19th-2016",
      "title": "Bitcoin Stuck in Large Triangle but Breakout Seems Imminent - BTC/USD August 19th, 2016"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-19T17:40:39",
  "trx_id": "0f37262b8e799cc0d3f93e915d592ad75b5cdebc",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/19 14:26:24
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
sbd payout0.052 SBD
steem payout0.000 STEEM
vesting payout122.823421 VESTS
Transaction InfoBlock #4220040/Virtual Operation #3
View Raw JSON Data
{
  "block": 4220040,
  "op": [
    "author_reward",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "sbd_payout": "0.052 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "122.823421 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-19T14:26:24",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 3
}
2016/08/18 14:57:36
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
voterardina
weight10000 (100.00%)
Transaction InfoBlock #4192226/Trx df8766c4ce9402115e796c7ab4cdc97dbfbb8b74
View Raw JSON Data
{
  "block": 4192226,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "voter": "ardina",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:57:36",
  "trx_id": "df8766c4ce9402115e796c7ab4cdc97dbfbb8b74",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/18 14:36:21
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
voterrunridefly
weight10000 (100.00%)
Transaction InfoBlock #4191804/Trx 87662aa57660ea97ab80afdeeb254f81fdc917cd
View Raw JSON Data
{
  "block": 4191804,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "voter": "runridefly",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:36:21",
  "trx_id": "87662aa57660ea97ab80afdeeb254f81fdc917cd",
  "trx_in_block": 3,
  "virtual_op": 0
}
2016/08/18 14:36:18
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
votermelek
weight10000 (100.00%)
Transaction InfoBlock #4191803/Trx 4e03952d0378a3790d6d315d600fd5702d605938
View Raw JSON Data
{
  "block": 4191803,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "voter": "melek",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:36:18",
  "trx_id": "4e03952d0378a3790d6d315d600fd5702d605938",
  "trx_in_block": 6,
  "virtual_op": 0
}
2016/08/18 14:27:39
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
votermoon32walker
weight10000 (100.00%)
Transaction InfoBlock #4191631/Trx b1396150984087520c3defdd0b29e879f7f2de87
View Raw JSON Data
{
  "block": 4191631,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "voter": "moon32walker",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:27:39",
  "trx_id": "b1396150984087520c3defdd0b29e879f7f2de87",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/18 14:26:12
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
voteralexc
weight10000 (100.00%)
Transaction InfoBlock #4191602/Trx 47d493817e78ff481d109dbe6ec4d053d4002aa5
View Raw JSON Data
{
  "block": 4191602,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "voter": "alexc",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:26:12",
  "trx_id": "47d493817e78ff481d109dbe6ec4d053d4002aa5",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/18 14:15:12
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
votertelos
weight10000 (100.00%)
Transaction InfoBlock #4191385/Trx 44d21ada8dd5b3c378657d5751ab5617a530e4d7
View Raw JSON Data
{
  "block": 4191385,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "voter": "telos",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:15:12",
  "trx_id": "44d21ada8dd5b3c378657d5751ab5617a530e4d7",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/18 14:13:06
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
voteranimus
weight10000 (100.00%)
Transaction InfoBlock #4191343/Trx 905f0b9608d2d7ed3a29be4abc81e095738d50ac
View Raw JSON Data
{
  "block": 4191343,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "voter": "animus",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:13:06",
  "trx_id": "905f0b9608d2d7ed3a29be4abc81e095738d50ac",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/18 14:07:42
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
voterpierce-the-veil
weight10000 (100.00%)
Transaction InfoBlock #4191235/Trx d8655d9c7733e406b90a70ab38a55845c7ad66f3
View Raw JSON Data
{
  "block": 4191235,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "voter": "pierce-the-veil",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:07:42",
  "trx_id": "d8655d9c7733e406b90a70ab38a55845c7ad66f3",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/18 14:04:54
authorforextrader
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
voterforextrader
weight10000 (100.00%)
Transaction InfoBlock #4191179/Trx 42c4a2abe7e1dee5ef95b5ca0dd102427fa3451e
View Raw JSON Data
{
  "block": 4191179,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "voter": "forextrader",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:04:54",
  "trx_id": "42c4a2abe7e1dee5ef95b5ca0dd102427fa3451e",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/18 14:04:54
authorforextrader
bodyI’m a firm believer in behavioral finance. This is a subset of finance that examines why people make irrational decisions. Out of this relatively new field of science, several important studies have emerged. In a series of articles I will go over some of the more important biases we as humans hold and how they impact our trading. Bagholding AKA ‘The Endowment Effect’ No the actual name of this bias is not ‘bagholding’ but ‘Endowment effect’. The endowment effect is means that people ascribe more value to things simply because they own them. In one study participants were given a mug and then offered the chance to sell it for pens of equal value. ![]( https://s20.postimg.org/imnfg6jul/endowmentef.png) Not the actual mug used in the experiment  After they were given the mug, Researches found that the amount participants required as compensation was approximately twice as high as the amount they were willing to pay to acquire the mug. Similar studies were done with other goods and found a similar bias. How does this affect your trading? What we learned above is that people ascribe more value to things they already own and this includes stocks, bonds and even bitcoin. How many times have you read posts from bitcoiners that eloquently explain their reasoning as ‘HODL’. If you’re trading discretionary, you should set rules for exiting your trade BEFORE you enter. For extra commitment, consider writing down your exit rules, whatever they may be (technical or fundamental). Remember that once you buy bitcoin or other crypto-currency, your mind will start to value it more and play tricks on you. Lot of these behavioral biases are interconnected. The ‘Endowment Effect’ It is somewhat tied to other biases like ‘Loss Aversion’ but we’ll cover that one in a separate article. That’s it for now, please follow me at https://steemit.com/@forextrader for more posts. If there’s enough interest I will go over more of these biases and how they affect your trading.
json metadata{"tags":["trading","bitcoin","money","investing","finance"],"image":["https://s20.postimg.org/imnfg6jul/endowmentef.png"]}
parent author
parent permlinktrading
permlinkwhy-you-suck-at-trading-behavioral-bias-number-1-bagholding
titleWhy You Suck at Trading - Behavioral Bias Number 1 - ‘Bagholding’
Transaction InfoBlock #4191179/Trx 42c4a2abe7e1dee5ef95b5ca0dd102427fa3451e
View Raw JSON Data
{
  "block": 4191179,
  "op": [
    "comment",
    {
      "author": "forextrader",
      "body": "I’m a firm believer in behavioral finance. This is a subset of finance that examines why people make irrational decisions. Out of this relatively new field of science, several important studies have emerged. In a series of articles I will go over some of the more important biases we as humans hold and how they impact our trading.\n\nBagholding AKA ‘The Endowment Effect’ \n\nNo the actual name of this bias is not ‘bagholding’ but ‘Endowment effect’. The endowment effect is means that people ascribe more value to things simply because they own them. In one study participants were given a mug and then offered the chance to sell it for pens of equal value. \n\n![]( https://s20.postimg.org/imnfg6jul/endowmentef.png)\n\nNot the actual mug used in the experiment \n\nAfter they were given the mug, Researches found that the amount participants required as compensation was approximately twice as high as the amount they were willing to pay to acquire the mug. Similar studies were done with other goods and found a similar bias.\n\nHow does this affect your trading? \n\nWhat we learned above is that people ascribe more value to things they already own and this includes stocks, bonds and even bitcoin. How many times have you read posts from bitcoiners that eloquently explain their reasoning as ‘HODL’.\n\nIf you’re trading discretionary, you should set rules for exiting your trade BEFORE you enter. For extra commitment, consider writing down your exit rules, whatever they may be (technical or fundamental). Remember that once you buy bitcoin or other crypto-currency, your mind will start to value it more and play tricks on you. \n\nLot of these behavioral biases are interconnected. The ‘Endowment Effect’ It is somewhat tied to other biases like ‘Loss Aversion’ but we’ll cover that one in a separate article.\n\nThat’s it for now, please follow me at https://steemit.com/@forextrader for more posts. If there’s enough interest I will go over more of these biases and how they affect your trading.",
      "json_metadata": "{\"tags\":[\"trading\",\"bitcoin\",\"money\",\"investing\",\"finance\"],\"image\":[\"https://s20.postimg.org/imnfg6jul/endowmentef.png\"]}",
      "parent_author": "",
      "parent_permlink": "trading",
      "permlink": "why-you-suck-at-trading-behavioral-bias-number-1-bagholding",
      "title": "Why You Suck at Trading - Behavioral Bias Number 1 - ‘Bagholding’"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T14:04:54",
  "trx_id": "42c4a2abe7e1dee5ef95b5ca0dd102427fa3451e",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/18 10:59:12
authorforextrader
permlinkexamining-the-correlation-between-bitcoin-and-the-chinese-yuan
votervee.kay
weight10000 (100.00%)
Transaction InfoBlock #4187476/Trx 02d47505f8f08f9ab0c2d6fc5d3988e071a92c71
View Raw JSON Data
{
  "block": 4187476,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "examining-the-correlation-between-bitcoin-and-the-chinese-yuan",
      "voter": "vee.kay",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-18T10:59:12",
  "trx_id": "02d47505f8f08f9ab0c2d6fc5d3988e071a92c71",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/17 18:18:24
authorforextrader
bodyI did a little screw up in the final chart, the switch line should've been in August 2015 not 2014. I spent a lot of time on this post, so don't feel like changing it. Just keep that in mind.
json metadata{"tags":["bitcoin"]}
parent authorforextrader
parent permlinkexamining-the-correlation-between-bitcoin-and-the-chinese-yuan
permlinkre-forextrader-examining-the-correlation-between-bitcoin-and-the-chinese-yuan-20160817t181821202z
title
Transaction InfoBlock #4167533/Trx 7872e31bdbccf278cc77180b6a01f2ec43686c9a
View Raw JSON Data
{
  "block": 4167533,
  "op": [
    "comment",
    {
      "author": "forextrader",
      "body": "I did a little screw up in the final chart, the switch line should've been in August 2015 not 2014. I spent a lot of time on this post, so don't feel like changing it. Just keep that in mind.",
      "json_metadata": "{\"tags\":[\"bitcoin\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "examining-the-correlation-between-bitcoin-and-the-chinese-yuan",
      "permlink": "re-forextrader-examining-the-correlation-between-bitcoin-and-the-chinese-yuan-20160817t181821202z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-17T18:18:24",
  "trx_id": "7872e31bdbccf278cc77180b6a01f2ec43686c9a",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/17 18:10:27
authorforextrader
permlinkexamining-the-correlation-between-bitcoin-and-the-chinese-yuan
voterforextrader
weight10000 (100.00%)
Transaction InfoBlock #4167374/Trx 6a4317a86be05370e8a27eeb28868bfc2a9bde52
View Raw JSON Data
{
  "block": 4167374,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "examining-the-correlation-between-bitcoin-and-the-chinese-yuan",
      "voter": "forextrader",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-17T18:10:27",
  "trx_id": "6a4317a86be05370e8a27eeb28868bfc2a9bde52",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/17 18:10:27
authorforextrader
bodyCountless news articles and posts on reddit are alluding to a relationship between Bitcoin and the Chinese Yuan. It's hypothesized that the relationship is there because Chinese investors are using BTC as a means to circumvent currency controls in China. But does this relationship exist and if it does, how strong is it? Let's find out! ![](https://s20.postimg.org/mp59nrz7h/china_flag_Copy.png) I will be using the same method of examining correlations as in this previous post. https://steemit.com/trading/@forextrader/3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview The two instruments we will be looking at are BTC/USD (BitStamp price feed) and USD/CNH. We are using a European exchange like BitStamp and not OKCoin for example to avoid Chinese trader sentiment influencing the data further. Although as you can see in my correlation post above and the pic below, prices on the two exchanges move neck in neck most of the time. ![](https://s20.postimg.org/g3eazey9p/correlation3_Copy.png) We use USD/CNH which is the US Dollar versus the Chinese Yuan offshore rate. This is the freely traded currency unlike USD/CNY, the onshore currency rate. The onshore rate is tightly controlled with it's value only allowed to move in a certain band around the daily PBOC fixing. The offshore rate technically trades freely in Honk Kong but the Bank has been known to make large interventions in that market as well. Nonetheless it's better to chart something that trades somewhat free compared to not free at all. Enough talk, chart time! On the first picture below we see BTC/USD with the Correlation Coefficient plotted as a red histogram on the bottom. We will examine multiple timeframes, starting with the 4H chart. Is there correlation on the lower timeframes? Chart says NO. Notice how in the past 30 days the value of the CC Indicator keeps moving from negative to postitive territory. There is no consistent relationship to note here. ![](https://s20.postimg.org/68wt41q0t/steemit-17-8-16_Copy.png) Our second chart below is the daily timeframe. Here things start to get interesting. The red histogram spent most of 2016 predominantly on the positive side, peaking at over .80 in March, April and June. This signals weak to strong positive correlation. This means that as the Yuan weakens and the USD/CNH moves up, BTC/USD moves up as well. ![](https://s20.postimg.org/yztmu3vul/steemit-17-8-16-2_Copy.png) This is a very significant finding because the normally you would expect the opposite to happen. Because these two pairs share a USD component, as the Dollar gains versus the Yuan and USD/CNH moves up, then (ceteris paribus) BTC/USD should decline. What the chart above demonstrates is that for the past year the BTC vs Yuan correlation has been so strong that it overpowered the USD element of the equation. But one year does not make a trend. Let's examine how far back does this positive correlation go. Our next chart below is of the weekly timeframe. Here we can see that before August/September of last year, this correlation was negative! Notice how the histogram spends most of the time below the 0 figure. Then after 'the switch' in August/September happened, BTC/USD and USD/CNH started to move together! ![](https://s20.postimg.org/oe9ri3pj1/steemit-17-8-16-3_Copy.png) One does not need to look hard to find the reason behind the switch. On August 10th 2015 China rattled currency markets by weakening the Yuan by 1.9 percent, the biggest value in two decades. In the months that followed, the PBOC continued to slowly devalue the Yuan. The Verdict: Yes Bitcoin and the Chinese Yuan are correlated. A weaker Yuan correlates to a stronger Bitcoin. But the correlation is a direct result of Chinese devaluation and not a persistent phenomenon. Furthermore it's not clear if the opposite is true i.e. does a strengthening Yuan lead to lower Bitcoin prices? We currently don't have much data to examine this because the USD/CNH has been on a consistent uptrend during the past 12 months. It appears that on the lower timeframes there is no correlation. Please follow me here https://steemit.com/@forextrader In my next post I will be covering the correlation between Ether and Bitcoin.
json metadata{"tags":["bitcoin","trading","investing","money","yuan"],"image":["https://s20.postimg.org/mp59nrz7h/china_flag_Copy.png"]}
parent author
parent permlinkbitcoin
permlinkexamining-the-correlation-between-bitcoin-and-the-chinese-yuan
titleExamining the Correlation Between Bitcoin and the Chinese Yuan
Transaction InfoBlock #4167374/Trx 6a4317a86be05370e8a27eeb28868bfc2a9bde52
View Raw JSON Data
{
  "block": 4167374,
  "op": [
    "comment",
    {
      "author": "forextrader",
      "body": "Countless news articles and posts on reddit are alluding to a relationship between Bitcoin and the Chinese Yuan. It's hypothesized that the relationship is there because Chinese investors are using BTC as a means to circumvent currency controls in China. But does this relationship exist and if it does, how strong is it? Let's find out!\n\n![](https://s20.postimg.org/mp59nrz7h/china_flag_Copy.png)\n\nI will be using the same method of examining correlations as in this previous post. https://steemit.com/trading/@forextrader/3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview\n\nThe two instruments we will be looking at are BTC/USD (BitStamp price feed) and USD/CNH. We are using a European exchange like BitStamp and not OKCoin for example to avoid Chinese trader sentiment influencing the data further. Although as you can see in my correlation post above and the pic below, prices on the two exchanges move neck in neck most of the time. \n\n![](https://s20.postimg.org/g3eazey9p/correlation3_Copy.png)\n\nWe use USD/CNH which is the US Dollar versus the Chinese Yuan offshore rate. This is the freely traded currency unlike USD/CNY, the onshore currency rate. The onshore rate is tightly controlled with it's value only allowed to move in a certain band around the daily PBOC fixing. The offshore rate technically trades freely in Honk Kong but the Bank has been known to make large interventions in that market as well. Nonetheless it's better to chart something that trades somewhat free compared to not free at all. Enough talk, chart time!\n\nOn the first picture below we see BTC/USD with the Correlation Coefficient plotted as a red histogram on the bottom. We will examine multiple timeframes, starting with the 4H chart. Is there correlation on the lower timeframes? Chart says NO. Notice how in the past 30 days the value of the CC Indicator keeps moving from negative to postitive territory. There is no consistent relationship to note here.\n\n![](https://s20.postimg.org/68wt41q0t/steemit-17-8-16_Copy.png)\n\nOur second chart below is the daily timeframe. Here things start to get interesting. The red histogram spent most of 2016 predominantly on the positive side, peaking at over .80 in March, April and June. This signals weak to strong positive correlation. This means that as the Yuan weakens and the USD/CNH moves up, BTC/USD moves up as well. \n\n![](https://s20.postimg.org/yztmu3vul/steemit-17-8-16-2_Copy.png)\n\nThis is a very significant finding because the normally you would expect the opposite to happen. Because these two pairs share a USD component, as the Dollar gains versus the Yuan and USD/CNH moves up, then (ceteris paribus) BTC/USD should decline. What the chart above demonstrates is that for the past year the BTC vs Yuan correlation has been so strong that it overpowered the USD element of the equation. \n\nBut one year does not make a trend. Let's examine how far back does this positive correlation go. Our next chart below is of the weekly timeframe. Here we can see that before August/September of last year, this correlation was negative! Notice how the histogram spends most of the time below the 0 figure. Then after 'the switch' in August/September happened, BTC/USD and USD/CNH started to move together!\n\n![](https://s20.postimg.org/oe9ri3pj1/steemit-17-8-16-3_Copy.png)\n\nOne does not need to look hard to find the reason behind the switch. On August 10th 2015 China  rattled currency markets by weakening the Yuan by 1.9 percent, the biggest value in  two decades. In the months that followed, the PBOC continued to slowly devalue the Yuan. \n\nThe Verdict: Yes Bitcoin and the Chinese Yuan are correlated. A weaker Yuan correlates to a stronger Bitcoin. But the correlation is a direct result of Chinese devaluation and not a persistent phenomenon. Furthermore it's not clear if the opposite is true i.e. does a strengthening Yuan lead to lower Bitcoin prices? We currently don't have much data to examine this because the USD/CNH has been on a consistent uptrend during the past 12 months. It appears that on the lower timeframes there is no correlation.\n\nPlease follow me here https://steemit.com/@forextrader\n\nIn my next post I will be covering the correlation between Ether and Bitcoin.",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"trading\",\"investing\",\"money\",\"yuan\"],\"image\":[\"https://s20.postimg.org/mp59nrz7h/china_flag_Copy.png\"]}",
      "parent_author": "",
      "parent_permlink": "bitcoin",
      "permlink": "examining-the-correlation-between-bitcoin-and-the-chinese-yuan",
      "title": "Examining the Correlation Between Bitcoin and the Chinese Yuan"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-17T18:10:27",
  "trx_id": "6a4317a86be05370e8a27eeb28868bfc2a9bde52",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/17 16:06:45
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
sbd payout4.345 SBD
steem payout0.000 STEEM
vesting payout10376.963679 VESTS
Transaction InfoBlock #4164909/Virtual Operation #6
View Raw JSON Data
{
  "block": 4164909,
  "op": [
    "author_reward",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "sbd_payout": "4.345 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "10376.963679 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-17T16:06:45",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 6
}
2016/08/17 12:18:06
authorforextrader
permlinkre-domavila-re-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160817t090322024z
voterdomavila
weight10000 (100.00%)
Transaction InfoBlock #4160366/Trx 3d6a60cbe3752f56ef9d0a680957eb5657797d04
View Raw JSON Data
{
  "block": 4160366,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "re-domavila-re-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160817t090322024z",
      "voter": "domavila",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-17T12:18:06",
  "trx_id": "3d6a60cbe3752f56ef9d0a680957eb5657797d04",
  "trx_in_block": 5,
  "virtual_op": 0
}
2016/08/17 09:03:24
authorforextrader
bodyTnx! I will probably post a separate article on the Ether vs Bitcoin correlation. Now working on one for Yuan vs BTC.
json metadata{"tags":["trading"]}
parent authordomavila
parent permlinkre-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160817t004930557z
permlinkre-domavila-re-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160817t090322024z
title
Transaction InfoBlock #4156523/Trx 2ccab1a0829ceed61800d929663e47844bda7eb0
View Raw JSON Data
{
  "block": 4156523,
  "op": [
    "comment",
    {
      "author": "forextrader",
      "body": "Tnx! I will probably post a separate article on the Ether vs Bitcoin correlation. Now working on one for Yuan vs BTC.",
      "json_metadata": "{\"tags\":[\"trading\"]}",
      "parent_author": "domavila",
      "parent_permlink": "re-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160817t004930557z",
      "permlink": "re-domavila-re-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160817t090322024z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-17T09:03:24",
  "trx_id": "2ccab1a0829ceed61800d929663e47844bda7eb0",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/17 07:37:33
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
voteryefet
weight10000 (100.00%)
Transaction InfoBlock #4154824/Trx 37f1a1825fec67993902939e8232e72685ca3718
View Raw JSON Data
{
  "block": 4154824,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "yefet",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-17T07:37:33",
  "trx_id": "37f1a1825fec67993902939e8232e72685ca3718",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/17 00:49:36
authordomavila
body@forextrader Thanks for this. I just tried it out on ETHBTC and BTCUSD. Interesting.
json metadata{"tags":["trading"],"users":["forextrader"]}
parent authorforextrader
parent permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
permlinkre-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160817t004930557z
title
Transaction InfoBlock #4146703/Trx ca02656d861bfec8233ce1e8c309504cdf3ad195
View Raw JSON Data
{
  "block": 4146703,
  "op": [
    "comment",
    {
      "author": "domavila",
      "body": "@forextrader Thanks for this. I just tried it out on ETHBTC and BTCUSD. Interesting.",
      "json_metadata": "{\"tags\":[\"trading\"],\"users\":[\"forextrader\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "permlink": "re-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160817t004930557z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-17T00:49:36",
  "trx_id": "ca02656d861bfec8233ce1e8c309504cdf3ad195",
  "trx_in_block": 4,
  "virtual_op": 0
}
2016/08/17 00:40:57
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
voterdomavila
weight10000 (100.00%)
Transaction InfoBlock #4146531/Trx 53fcd21cd231e064b4600e83216e01df5bbbbdac
View Raw JSON Data
{
  "block": 4146531,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "domavila",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-17T00:40:57",
  "trx_id": "53fcd21cd231e064b4600e83216e01df5bbbbdac",
  "trx_in_block": 3,
  "virtual_op": 0
}
2016/08/16 17:07:57
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
voterslimjim
weight10000 (100.00%)
Transaction InfoBlock #4137510/Trx 415c9f89c0a95badb74a4b50f66411b8c60918c9
View Raw JSON Data
{
  "block": 4137510,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "slimjim",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T17:07:57",
  "trx_id": "415c9f89c0a95badb74a4b50f66411b8c60918c9",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/16 16:53:42
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
sbd payout0.070 SBD
steem payout0.000 STEEM
vesting payout171.496804 VESTS
Transaction InfoBlock #4137224/Virtual Operation #6
View Raw JSON Data
{
  "block": 4137224,
  "op": [
    "author_reward",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "sbd_payout": "0.070 SBD",
      "steem_payout": "0.000 STEEM",
      "vesting_payout": "171.496804 VESTS"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T16:53:42",
  "trx_id": "0000000000000000000000000000000000000000",
  "trx_in_block": 4294967295,
  "virtual_op": 6
}
2016/08/16 16:37:36
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
votersock
weight10000 (100.00%)
Transaction InfoBlock #4136906/Trx 810a7ff90a3ea6ae8f6349a9618f6cf66d143a24
View Raw JSON Data
{
  "block": 4136906,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "sock",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T16:37:36",
  "trx_id": "810a7ff90a3ea6ae8f6349a9618f6cf66d143a24",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/16 16:01:39
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
votermurh
weight3301 (33.01%)
Transaction InfoBlock #4136193/Trx 1d1509cca6eac67393c478ed7856b7353103e778
View Raw JSON Data
{
  "block": 4136193,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "murh",
      "weight": 3301
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T16:01:39",
  "trx_id": "1d1509cca6eac67393c478ed7856b7353103e778",
  "trx_in_block": 3,
  "virtual_op": 0
}
2016/08/16 16:01:39
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
votersilver
weight10000 (100.00%)
Transaction InfoBlock #4136193/Trx e0358b2101056e76ad7f66efda6a7f43fd98ae00
View Raw JSON Data
{
  "block": 4136193,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "silver",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T16:01:39",
  "trx_id": "e0358b2101056e76ad7f66efda6a7f43fd98ae00",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/16 16:01:00
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
votersilversteem
weight10000 (100.00%)
Transaction InfoBlock #4136180/Trx e1417ec1f5f74e77566e406c662883b7d53b7e43
View Raw JSON Data
{
  "block": 4136180,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "silversteem",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T16:01:00",
  "trx_id": "e1417ec1f5f74e77566e406c662883b7d53b7e43",
  "trx_in_block": 3,
  "virtual_op": 0
}
2016/08/16 15:23:39
authorrucoin
bodyI think, the price will go below
json metadata{"tags":["trading"]}
parent authorforextrader
parent permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
permlinkre-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160816t152416375z
title
Transaction InfoBlock #4135440/Trx 2d27c67a881cf72ce4d278ff03083cc460a5d737
View Raw JSON Data
{
  "block": 4135440,
  "op": [
    "comment",
    {
      "author": "rucoin",
      "body": "I think, the price will go below",
      "json_metadata": "{\"tags\":[\"trading\"]}",
      "parent_author": "forextrader",
      "parent_permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "permlink": "re-forextrader-3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview-20160816t152416375z",
      "title": ""
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T15:23:39",
  "trx_id": "2d27c67a881cf72ce4d278ff03083cc460a5d737",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/16 15:23:27
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
voterrucoin
weight10000 (100.00%)
Transaction InfoBlock #4135436/Trx ee5f970fbe69485cec6b36f98053487b1373dc73
View Raw JSON Data
{
  "block": 4135436,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "rucoin",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T15:23:27",
  "trx_id": "ee5f970fbe69485cec6b36f98053487b1373dc73",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/16 15:18:51
authorforextrader
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
voterforextrader
weight10000 (100.00%)
Transaction InfoBlock #4135345/Trx 8f251f3eb56cb0a07d5fe51c77815f78724056b5
View Raw JSON Data
{
  "block": 4135345,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "voter": "forextrader",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T15:18:51",
  "trx_id": "8f251f3eb56cb0a07d5fe51c77815f78724056b5",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/16 15:18:51
authorforextrader
bodyThis is a short guide how you can see correlation between any two trading instruments on Trading View. STEP 1: Choose your primary trading instrument. In our case we will use the BTCUSD, with a feed from BitStamp. ![]( https://s20.postimg.org/uk1kdznr1/correlation1_Copy.png) STEP 2: Click on Indicators. This will show a long list of built-in TV indicators. Scroll down to the 'Correlation Coefficient' and click on it. Alternatively you can search for 'Correlation Coefficient' in the search box to the left. ![]( https://s20.postimg.org/i6oq72y2l/correlation2_Copy.png) STEP 3: Choose your secondary trading instrument. In the box that shows up, we again type in BTCUSD and pick OKCOIN from the list of data providers. ![]( https://s20.postimg.org/9e7rjecxp/correlation4_Copy.png) On the final snapshot below you can see the final result. The 'Correlation Coefficient' is displayed in the form of a red histogram, with values ranging from 0 to 1. The closer we are to 1, the higher the positive correlation is between the two trading instruments. On the chart below we can see that the correlation between our two choices approaches 1 almost all of time. ![]( https://s20.postimg.org/g3eazey9p/correlation3_Copy.png) This is to be expected, this is the same trading instrument BTCUSD and prices across exchanges tend to be 'brought in line' by arbitragers. In other posts I will explore some of the most hypothesized correlations in the crypto space like Bitcoin and the Chinese Yuan or Bitcoin and Ether. Is there truth to these correlations or are market participants just seeing what they want to see? Follow me to find out https://steemit.com/@forextrader
json metadata{"tags":["trading","investing","money","technical-analysis","bitcoin"],"image":["https://s20.postimg.org/uk1kdznr1/correlation1_Copy.png"]}
parent author
parent permlinktrading
permlink3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview
title3 Steps To See Correlation Between Any 2 Trading Instruments on TradingView
Transaction InfoBlock #4135345/Trx 8f251f3eb56cb0a07d5fe51c77815f78724056b5
View Raw JSON Data
{
  "block": 4135345,
  "op": [
    "comment",
    {
      "author": "forextrader",
      "body": "This is a short guide how you can see correlation between any two trading instruments on Trading View. \n\nSTEP 1: Choose your primary trading instrument. In our case we will use the BTCUSD, with a feed from BitStamp.\n\n![]( https://s20.postimg.org/uk1kdznr1/correlation1_Copy.png)\n\nSTEP 2:  Click on Indicators. This will show a long list of built-in TV indicators. Scroll down to the 'Correlation Coefficient' and click on it. Alternatively you can search for 'Correlation Coefficient' in the search box to the left.\n\n![]( https://s20.postimg.org/i6oq72y2l/correlation2_Copy.png)\n\nSTEP 3: Choose your secondary trading instrument. In the box that shows up, we again type in BTCUSD and pick OKCOIN from the list of data providers. \n\n![]( https://s20.postimg.org/9e7rjecxp/correlation4_Copy.png)\n\nOn the final snapshot below you can see the final result. The 'Correlation Coefficient' is displayed in the form of a red histogram, with values ranging from 0 to 1. The closer we are to 1, the higher the positive correlation is between the two trading instruments. On the chart below we can see that the correlation between our two choices approaches 1 almost all of time. \n\n![]( https://s20.postimg.org/g3eazey9p/correlation3_Copy.png)\n\nThis is to be expected, this is the same trading instrument BTCUSD and prices across exchanges tend to be 'brought in line' by arbitragers. \n\nIn other posts I will explore some of the most hypothesized correlations in the crypto space like Bitcoin and the Chinese Yuan or Bitcoin and Ether. Is there truth to these correlations or are market participants just seeing what they want to see? Follow me to find out https://steemit.com/@forextrader",
      "json_metadata": "{\"tags\":[\"trading\",\"investing\",\"money\",\"technical-analysis\",\"bitcoin\"],\"image\":[\"https://s20.postimg.org/uk1kdznr1/correlation1_Copy.png\"]}",
      "parent_author": "",
      "parent_permlink": "trading",
      "permlink": "3-steps-to-see-correlation-between-any-2-trading-instruments-on-tradingview",
      "title": "3 Steps To See Correlation Between Any 2 Trading Instruments on TradingView"
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-16T15:18:51",
  "trx_id": "8f251f3eb56cb0a07d5fe51c77815f78724056b5",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/15 18:14:18
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
voterdmitry
weight10000 (100.00%)
Transaction InfoBlock #4110164/Trx c579aac927764c19db2bea14e945a1bf2906ab30
View Raw JSON Data
{
  "block": 4110164,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "voter": "dmitry",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T18:14:18",
  "trx_id": "c579aac927764c19db2bea14e945a1bf2906ab30",
  "trx_in_block": 2,
  "virtual_op": 0
}
2016/08/15 17:47:12
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
voterhelikopterben
weight10000 (100.00%)
Transaction InfoBlock #4109625/Trx 4ae4fe492203373c859557a553570777bed3f7df
View Raw JSON Data
{
  "block": 4109625,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "voter": "helikopterben",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T17:47:12",
  "trx_id": "4ae4fe492203373c859557a553570777bed3f7df",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/15 17:10:18
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
voterfriend5
weight10000 (100.00%)
Transaction InfoBlock #4108892/Trx 6243c9cba8e45894a94060c322014096803c6154
View Raw JSON Data
{
  "block": 4108892,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "voter": "friend5",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T17:10:18",
  "trx_id": "6243c9cba8e45894a94060c322014096803c6154",
  "trx_in_block": 4,
  "virtual_op": 0
}
2016/08/15 16:55:57
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
voterartific
weight10000 (100.00%)
Transaction InfoBlock #4108605/Trx ac5fe7d48abf48219c50329275b2d0ee74a65c8b
View Raw JSON Data
{
  "block": 4108605,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "voter": "artific",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T16:55:57",
  "trx_id": "ac5fe7d48abf48219c50329275b2d0ee74a65c8b",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/15 16:52:51
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
voterspinner
weight10000 (100.00%)
Transaction InfoBlock #4108543/Trx 333a440de1eb6aee116cf245f5f4af19f2683753
View Raw JSON Data
{
  "block": 4108543,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "voter": "spinner",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T16:52:51",
  "trx_id": "333a440de1eb6aee116cf245f5f4af19f2683753",
  "trx_in_block": 5,
  "virtual_op": 0
}
2016/08/15 16:43:36
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
voterkingdom
weight10000 (100.00%)
Transaction InfoBlock #4108360/Trx 393af1e0da7e5a830120f36765d81f25857717db
View Raw JSON Data
{
  "block": 4108360,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "voter": "kingdom",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T16:43:36",
  "trx_id": "393af1e0da7e5a830120f36765d81f25857717db",
  "trx_in_block": 5,
  "virtual_op": 0
}
2016/08/15 16:35:33
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
votermax-infeld
weight10000 (100.00%)
Transaction InfoBlock #4108200/Trx eecdfa969e0c14e257631732a60301798f7d6dc6
View Raw JSON Data
{
  "block": 4108200,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "voter": "max-infeld",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T16:35:33",
  "trx_id": "eecdfa969e0c14e257631732a60301798f7d6dc6",
  "trx_in_block": 0,
  "virtual_op": 0
}
2016/08/15 16:34:57
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
voterrunridefly
weight10000 (100.00%)
Transaction InfoBlock #4108188/Trx 6cbd86565d167a8f90e1dfba1c0ff56322623bec
View Raw JSON Data
{
  "block": 4108188,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "voter": "runridefly",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T16:34:57",
  "trx_id": "6cbd86565d167a8f90e1dfba1c0ff56322623bec",
  "trx_in_block": 1,
  "virtual_op": 0
}
2016/08/15 16:32:54
authorforextrader
permlinkusdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15
voterjoshbreslauer
weight10000 (100.00%)
Transaction InfoBlock #4108147/Trx d03086b8b4ede3290d06e00d8e2649b77911278c
View Raw JSON Data
{
  "block": 4108147,
  "op": [
    "vote",
    {
      "author": "forextrader",
      "permlink": "usdsteem-btc-not-revisiting-the-highs-this-year-if-ever-technical-analysis-bittrex-august-15",
      "voter": "joshbreslauer",
      "weight": 10000
    }
  ],
  "op_in_trx": 0,
  "timestamp": "2016-08-15T16:32:54",
  "trx_id": "d03086b8b4ede3290d06e00d8e2649b77911278c",
  "trx_in_block": 0,
  "virtual_op": 0
}

Account Metadata

POSTING JSON METADATA
None
JSON METADATA
None
{
  "posting_json_metadata": {},
  "json_metadata": {}
}

Auth Keys

Owner
Single Signature
Public Keys
STM7tZuX8Cr2apjpn2D3YdG76esYCqf3dM1KXxEriysnGsmTrhS1W1/1
Active
Single Signature
Public Keys
STM7Ns5rTt48kmSJNbwMkTYCmdGM3UiTrgDN3HAXWoNDiUvrZRLRB1/1
Posting
Single Signature
Public Keys
STM4vuZkmGcphNnQboSfPNFrQfq4kvVP6HFXP5JQUTS6bTQvEPyFL1/1
Memo
STM8L5CJmBbHbmfGMmnU19jhttGyiuMxTxyVHXAamyS3uGhiYLRs7
{
  "owner": {
    "account_auths": [],
    "key_auths": [
      [
        "STM7tZuX8Cr2apjpn2D3YdG76esYCqf3dM1KXxEriysnGsmTrhS1W",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "active": {
    "account_auths": [],
    "key_auths": [
      [
        "STM7Ns5rTt48kmSJNbwMkTYCmdGM3UiTrgDN3HAXWoNDiUvrZRLRB",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "posting": {
    "account_auths": [],
    "key_auths": [
      [
        "STM4vuZkmGcphNnQboSfPNFrQfq4kvVP6HFXP5JQUTS6bTQvEPyFL",
        1
      ]
    ],
    "weight_threshold": 1
  },
  "memo": "STM8L5CJmBbHbmfGMmnU19jhttGyiuMxTxyVHXAamyS3uGhiYLRs7"
}

Witness Votes

0 / 30
No active witness votes.
[]