Bquat's Account Talk

[OBXTrader]

I guess we'll find out. 1828 obtained.

What happens if we cross 1828 this afternoon? I don't see a line there.

I don't know, I am only a 10% TSP gainer for 2013, but I am overly conservative and sitting in the G Fund today. So, I guess that's one good decision.

 

[Bquat]

What happens if we cross 1828 this afternoon? I don't see a line there.

I don't know, I am only a 10% TSP gainer for 2013, but I am overly conservative and sitting in the G Fund today. So, I guess that's one good decision.

Raise your brightness until you see the little gray lines. That was the intersection of the little gray line and one of my yellow decision lines. If we broke through 1828 and showed more down side I would of taken 25% more of the table. A bounce there I would add 25% more. We bounced and I be waiting for confirmation. It could be a bear flag. I watch the videos tonight and see whats up. Not too many free videos any more. They used to be nightly and now two of them are weekly one nightly and one not at all. Here dwell over these.I blued it up for you and showed the possible new channel.

 

[Bquat]

Magnified area. Watching 11 Day for confirmation.

 

[Bquat]

Chart for tomorrow: Clear as mud.

 

[nnuut]

Love your charts they are the BOMB, but this one is so full of lines I'm afraid that new guys may not get it. Good work

 

[Bquat]

Well my pink line was in the right place. I need to things to go positive. Pink line to test and hold as support from above and to break above the 11 Day. The first may be happening right now.

 

[Bquat]

Love your charts they are the BOMB, but this one is so full of lines I'm afraid that new guys may not get it. Good work

Thanks but I divided the chart up with the yellow lines at good parallel lines to see where a channel may develope and the ligh gray lines where we most likely bounce. I may clear it up a little. It gets congested when I zoom out.

 

[Bquat]

This is a bull flag forming and when the market decides this is a positive thing we can go for the 11 Day. If we don't take out the 11 Day, this is basically confirming a lower high.:blink:

 

[Mcqlives]

Chart for tomorrow: Clear as mud.

Using your chart from post 6209 as a reference...

Good news, futures bounces nicely off of your orange-ish 20? day line and the 1832 mark is still a solid pivot point.
Bad news, 1847ish is looking like a ceiling with a possible rounded top forming.

I am staying put at 50i 50g for now and will see what monday brings. Have a great weekend.

 

[Bquat]

Just lost trust in my new channel. Lower high confirmed.:worried: Using my first IFT to take more off the table. 75% G, 25% S

 

[Mcqlives]

Just lost trust in my new channel. Lower high confirmed.:worried: Using my first IFT to take more off the table. 75% G, 25% S

Ditto...change my mind and am going 100g. I thought we would flirt with 1839is this morning and then see a move up this afternoon. Since that failed I am growing very cautious.

 

[Bquat]

Using your chart from post 6209 as a reference...

Good news, futures bounces nicely off of your orange-ish 20? day line and the 1832 mark is still a solid pivot point.
Bad news, 1847ish is looking like a ceiling with a possible rounded top forming.

I am staying put at 50i 50g for now and will see what monday brings. Have a great weekend.

You may be right:

 

[Bquat]

Ditto...change my mind and am going 100g. I thought we would flirt with 1839is this morning and then see a move up this afternoon. Since that failed I am growing very cautious.

I am trying to break myself from getting all in or all out with one move. Now I may stay at this risk level untill the 50 day to decide.

 

[Bquat]

Love your charts they are the BOMB, but this one is so full of lines I'm afraid that new guys may not get it. Good work

Better this is, yes?

 

[Bquat]

I guess everything was better after Bernanke talked. Until the market spit it out.:notrust: Ok, midterm bull flag developing or short term bearish pennant? Me I'm nervous. I think with today's EOD action we'll go for the 50 day. Then everybody and his brother will be deciding. Big swing at that point. This is just a quick chart: I'll look at things later.

 

[Bquat]

Clean chart:

 

[Bquat]

What if we were to try reward/risk numbers for each line. These levels are because we're still in a QE environment. Otherwise each label would be a line down. I'm thinking +/- 25% at 18/18 and then next month I would have two decisions again. Now does this seem like a fair assessment for decision making process?

 

[Bquat]

The bulls were trying a little in futures but the bears had no part of it shortly after the open. The double top increases the downside potential.:worried: My isometric triangle may break in the direction of the short term trend. A break out at the 3/4 point sometimes can be a head fake.

 

[Bquat]

The risk to reward has just increased so I lowered the reward to risk labels one line. The rounded top may be official now.:worried::worried:

 

[Bquat]

I'm considering holding my 25% S position until the 50 Day test and save my last IFT for that decision point.