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futures

  • Thu, Dec 07, 2017 - 05:14pm

    #6

    davefairtex

    Status Diamond Member (Offline)

    Joined: Sep 03 2008

    Posts: 3150

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    futures

I have no idea if my models will continue to work once futures start trading.  With the big boys with their big computers involved, they could well change the current rhythms of bitcoin and my stuff could simply stop working.

That's what happened long ago to SPX.  It had a certain rhythm back in the 60s and 70s, but once computers got involved, things changed, and it became harder to trade.  That's what my analysis of history says.

Who knows, though.

RSI-7 = 97 right now.  BTC hit $20,000 on GDAX just an hour ago – now back down to $17k.  .  That's a $3000 round trip in 2 hours.