Bquat's Account Talk

[Bquat]

Third try on my exit line. Biggest dip that we had in a while. My 5, 13, and 20 day moving averages are all rising and catching up. So dip buyers let's go bullish. Walk up that orange line. Just trying to will the market bullish here.:embarrest: It could happen.

 

[Bquat]

1580 is acting like major support. 4th time is the charm. Now only if the bulls believe it. Battle line is being drawn.

 

[Bquat]

Hear we go again, dead lining. My flag is starting to turn to a low base.:worried: Triggering my exit button. Exiting. 100 G

 

[weatherweenie]

Triggering my exit button.

Sounds like a personal problem

 

[Bquat]

Sounds like a personal problem

Yes it is in fact. Now watch things change. Finally break time.

 

[RealMoneyIssues]

Hear we go again, dead lining. My flag is starting to turn to a low base.:worried: Triggering my exit button. Exiting. 100 G

Bquat is out of the market

 

[Bquat]

Bquat is out of the market

I hope my planned exit works out.

 

[RealMoneyIssues]

I hope my planned exit works out.

Me too since I am out with you...

 

[Bquat]

Was my exit premature? Well I didn't stick with my last one and had to ride it out for a 1/2% loss. This one I don't know but I called my exit and maybe I should of used 1578 in case if it was strong support.:embarrest: Yes the current channel is a bull flag and 1578 held as support. But, yes but, you remember how I said the old peaks line should be support and how I said we were in the upper part of the (dark red line) channel. Well we're under both. Now yes I can redraw the channel using peaks and put us back in it, which I would do if I was in but I'm out and we didn't go up to the top of the channel for a new peak. Maybe Christian at Nightly Market Videos is scaring me. I didn't get the Spidey sense, but we already belayed that effort.:embarrest: I'm going to watch and see if the dip continues. 1552-1542 or 50 day reentry? As always the support and resistance lines should be unbiased and the yellow channel is drawn with a slight bearish tilt using the bottoms instead of the tops. Also weigh in with charts or comments for others. Don't worry there always a chance I could be wrong.

 

[Bquat]

Birchchart? No Bearchart 40/60 chance: Only 1 1/2% down. Now I know you guys will disagree with this one.

 

[RealMoneyIssues]

Was my exit premature? Well I didn't stick with my last one and had to ride it out for a 1/2% loss. This one I don't know but I called my exit and maybe I should of used 1578 in case if it was strong support.:embarrest: Yes the current channel is a bull flag and 1578 held as support. But, yes but, you remember how I said the old peaks line should be support and how I said we were in the upper part of the (dark red line) channel. Well we're under both. Now yes I can redraw the channel using peaks and put us back in it, which I would do if I was in but I'm out and we didn't go up to the top of the channel for a new peak. Maybe Christian at Nightly Market Videos is scaring me. I didn't get the Spidey sense, but we already belayed that effort.:embarrest: I'm going to watch and see if the dip continues. 1552-1542 or 50 day reentry? As always the support and resistance lines should be unbiased and the yellow channel is drawn with a slight bearish tilt using the bottoms instead of the tops. Also weigh in with charts or comments for others. Don't worry there always a chance I could be wrong.

Your second guessing yourself and probably trying to get the last of the blood out of the turnip. Analyze for your next IFT, but don't fret about how much money you may, or may not, have left on the table...

Just my naive 2 cents...

 

[Bquat]

Well we'll see if this level has too much resistance. Also I redrew the yellow channel more un biased. My right shoulder is being broken as I type. So almost two hours to watch.

 

[Birchtree]

Always keep in mind that during bull markets another top is always just around the corner. All the market wants now is an excuse to move higher.

 

[Bquat]

I kinda feel there's two chances of double topping today.:worried: Head testing right now and look at the 1% decision point I always talked about. If we get the 1% gain we'll be right at a double peak right as the computers wait for user input. We need to start building a high base right now to build strength before the next level. I would like to be wrong for you guys that are in because all I'll miss is potential gain.

 

[Mcqlives]

Staying in. This is a weak high base but it is a high base. Hate the deadline.

Remember your chart from this post last Thursday? We are testing your channel again and keeping 1603 as a higher longer term ceiling. If this breaks up a little more we have confirmation of bulls and 1603 will be tested soon. If this fails then you made the right call and keep an eye on the 50. Just my 2cents.

 

[Bquat]

Remember your chart from this post last Thursday? We are testing your channel again and keeping 1603 as a higher longer term ceiling. If this breaks up a little more we have confirmation of bulls and 1603 will be tested soon. If this fails then you made the right call and keep an eye on the 50. Just my 2cents.

Good two cents if this breaks.

 

[Mcqlives]

Good two cents if this breaks.

This morning is a replay of last Thursday mornings action.

 

[Bquat]

This morning is a replay of last Thursday mornings action.

Last Thursday we had just got over resistance and was building a weak high base. Even though this is a high base forming, we are below resistance and even with the last peak. A slight pull back making a bull flag would be better than retrying and retrying this level until it's considered a failed move. It still has a 45/55 chance of going up though. So 20 min. for you to watch.:notrust:

 

[Mcqlives]

Last Thursday we had just got over resistance and was building a weak high base. Even though this is a high base forming, we are below resistance and even with the last peak. A slight pull back making a bull flag would be better than retrying and retrying this level until it's considered a failed move. It still has a 45/55 chance of going up though. So 20 min. for you to watch.:notrust:

What you said!

 

[Bquat]

What you said!

Here's a close up. My friend since you be dead lining the deadline. Won't know for sure until the post deadline move. I still want two more hours. Let me know how you go.