Bquat's Account Talk

[Bquat]

Is the orange the new channel? I see the 20 day trying to establish itself as resistance. This is a low base forming and possible bear flag. Light blue line could be the official lower low if it breaks.:worried: So look fast decide quick and good luck.

 

[Bquat]

No comments? Well many may think this is a missed dip buying opportunity. I think it's dip buyers are still buying not realizing the market is switching direction. But for me to be right we need some selling to take place right about now.:notrust:

 

[Bquat]

No comments? Well many may think this is a missed dip buying opportunity. I think it's dip buyers are still buying not realizing the market is switching direction. But for me to be right we need some selling to take place right about now.:notrust:

Maybe the shadow knows?

 

[Mapper]

??? Crickets???
Well sir, I like it and I'm also ready to see bears bring on more pain. We certainly don't want folks getting complacent.

 

[Bquat]

Well the 13 DMA is the key. It's about to be tested as resistance. If it doesn't hold as resistance again tomorrow, I'll be wrong again. So, the 13 DMA will be the battle line between the dip buyers and big money. I was hoping for a larger correction. I was hoping for at least a 1.38% daily drop to get the selling going. Tomorrow dudes. I want that lower low.

 

[Bquat]

??? Crickets???
Well sir, I like it and I'm also ready to see bears bring on more pain. We certainly don't want folks getting complacent.

Being complacent is sideways movement isn't it? I want the never coming consolidation to come.:notrust:

 

[Bquat]

According to futures, The channel is now a 20 day supported channel. The dip buyers are winning and momentum is still to the upside. Ok I guess I'll have to admit to being wrong again.:embarrest: Now should I capitulate since QE is still here to stay?

 

[Bquat]

Maybe I should go silent for a couple of weeks until my dip comes like Christian. Nightly Market Videos No even if I'm wrong the peoples still use the charts. I think QE is going against him this year also.

 

[OBXTrader]

I just posted on my account talk a few minutes ago. I went back into the L2030 yesterday based on market reaction to FOMC member comments was not as severe as last time that happened. Like that was all that was baked in the cake.

I still love your charts, helps in decision making.

Maybe I should go silent for a couple of weeks until my dip comes like Christian. Nightly Market Videos No even if I'm wrong the peoples still use the charts. I think QE is going against him this year also.

 

[Bquat]

Well at least my switch line is still intact. It's trying to make me look better.:worried:

 

[Bquat]

Not giving up yet. An ha! If the twenty day could be broke down this could be a shooting star doji or inverse hammer. At least we have a lower high. Can this weakness continue?

 

[Bquat]

Well at least my switch line is still intact. It's trying to make me look better.:worried:

Ok, again.

 

[Bquat]

I'm thinking of going up a time frame and maybe less of a daily type guesser. I'm thinking of dropping the 5 day and going more with 11 day, 20 day and 50 day. I think it may have a smoothing effect or more so toward a swing instead of day by day look. Even though I may post as often it will be ideas as how it effects the trend. I did read Rev. Stark's commentary in his free service and I feel he's talking about me. I think I've been watching a tree grow instead of the direction of the wind blowing through the forest. So I'll try to recalculate the larger time frame and maybe pay more attention to the switch line type decisions. So bear with me and we'll see. What you guys think?

 

[Bquat]

:blink::blink:Tomorrows post may be late. Site under reconstruction.:blink::blink: Slow thinker on board.

 

[Bquat]

Made it! Under new time frame. In the channel low base sideways consolidation.

 

[Mapper]

I'm thinking of going up a time frame and maybe less of a daily type guesser. I'm thinking of dropping the 5 day and going more with 11 day, 20 day and 50 day. I think it may have a smoothing effect or more so toward a swing instead of day by day look. Even though I may post as often it will be ideas as how it effects the trend. I did read Rev. Stark's commentary in his free service and I feel he's talking about me. I think I've been watching a tree grow instead of the direction of the wind blowing through the forest. So I'll try to recalculate the larger time frame and maybe pay more attention to the switch line type decisions. So bear with me and we'll see. What you guys think?

I always appreciate your charts and comments but for my purposes I'm always wanting to see a longer time frame on the charts. I think what you have been doing is good and very helpful but "zooming out" once in a while to see where the daily action fits into the larger perspective helps me to keep more of what I like to think of as a "level head" in terms of microanalyzing the movements. The longer time frame is particularly helpful for TSP...for ETFs the shorter term is more valuable.

I'm still positioned bearishly...would like to see 1685 break but your blue "higher lows" line has been a tough nut to crack. If we break it, retaking it will prove quite a challenge...maybe a good thing for those wanting more volatility.


Edit: REally like the left chart on the above post

 

[Bquat]

How's this?

 

[Bquat]

Playing with some mid-term switch line stuff.:notrust: By this Maybe I should of still been in but cautious.

 

[Bquat]

So is this confusing?

 

[Bquat]

Better ?