Market Discussions

You come in here asking for specific info and you'll be trolled. Try asking how to find the information for yourself.

the last time i mined had to have been at least 8 years ago :D hence not being up to date with all bonuses etc and a litle lazy

If you want I can post a chart saying what price is doing and will probably do in the next future.
But to some, showing a chart is like showing a red banner to an enraged bull.

Since it takes about an hour to prepare it and it's very late, I am going to post it tomorrow after DT.

In a dark, dystopian universe where dog eats dog and everyone IS out to get you...













... Vaerah gives you a giant space hug!

Whats a Candle Bar?

Here the fresh charts come!


Monthly chart

WPD
We are still above the super-strong support trend line. This means for now buyers are still reigning uncontrasted.

Chart link.


Weekly chart

WPD

Here the super strong trend line may be seen in all its majesty.

I'd like to ask Mynna about it. How does his own markets analysis methodology explain that?

In my method, you can see buyers and sellers are fiercely battling over Big Round Number 800 ISK. They formed a tight range market I marked with a yellow rectangle. Whoever will win the 800 price level level fight will drag price outside that zone (look at it as it was a gigantic tug of war, where price is the ribbon tied to the rope, buyers and sellers are trying to pull the rope till price leaves a rectangle drawn on the floor. That rectangle is the yellow one I have drawn.

Chart link


Daily chart

WPG

Price is exactly at the middle of the fight zone (800 BRN).

Chart link

I have drawn three of the possible scenarios.

- Scenario 1: buyers win and drag price outside of the yellow rectangle (it's the same rectangle I have also drawn on the weekly chart). If so, the next target is the upper red trend line. By the time price gets there, the trend line will cross 1000 ISK BRN and we'll have a so called confluence. Confluences are powerful situations where multiple factors align up, boosting their effects each other. If buyers win and price gets to 1000, that level will be a good place to either push price sky high or to powerfully repel it down. Above the rectangle it's advisable to buy, as long as price puts a bullish price action pattern on top of it, Please read my EvE-RL finance thread to learn a lot more about these concepts.

- Scenario 2: sellers win and drag price below the yellow rectangle. It's a DANGEROUS area, because price will be stuck between the rectangle bottom (aka RM "support") and the lower red trend line. This will cause a battle where you SHALL risk losing ISK if you'll buy in there.

- Scenario 3: sellers win and drag price back to the lower trend line. If and only if price will put a bullish price action pattern then you may buy and have a decent hope it'll go back up again. Just take attention when it goes back to the yellow rectangle because meeting its bottom will create a resistance effect that will try push price back down. So you have to employ money management in there. More about money management is in my finance thread.

If sellers drag price below the lower trend line and put a bearish price action pattern, then it's going to be a painful day. The day of panic dumping. That trend line is way too strong to not cause mayhem when broken.

thanks alot VV

now how about hydrogen isotopes? :D

I don't have records of those.
If you want I can analyze it but the results will be far from satisfactory.

Because it's made to be applicable in a RL world where a central bank statement, a speculation, a political decision can change everything in far more devastating ways than an EvE patch does.

Actually, patches come every 6 months, deep markets changing RL events happen once a month if not more often.




They are not predictive at all. That's why they work. Nobody knows the future.
Charts are not leading indicators either. They are snapshots. The method applied to analyze them, instead, is called "trend following". Following as in "delayed". Which is totally the opposite of "predicting the future" or "leading indicator".




This depends on whether there are news leaks or not. Same as goes in RL.




In RL we assist to the same behaviors and this despite storing stockpiles has a cost. Quick examples: moltitude of oil tankers full and parked around during oil speculations: they are highly paid but still... they are there.




They don't. Neither in EvE or RL.