Bquat's Account Talk

[Bquat]

Still consolidating in the price channel. Have a chance of unembedding today and testing the bottom of the channel:

 

[Beester15]

I think we will get a breakdown of that channel today.

 

[Bquat]

Still consolidating in the price channel. Have a chance of unembedding today and testing the bottom of the channel:

Did not unembed but the VIX did. I'll have to watch that. The 50 Day should start flattening out soon:

 

[Bquat]

S fund and VIX consolidating sideways. Even though VIX volatility is low, the VIX is still pretty high:

 

[rangerray]

The market doesn't know where it wants to go right now.

 

[Bquat]

Finally a breakout above the price range and coming up to test the flattening 50 Day::smile:

 

[Bquat]

Now it would be good to get below the danger zone with the VIX:

 

[Bquat]

I was thinking about doubling down this morning because we are above a flat 50 day but this is a rising wedge which can be bearish::blink:

 

[Bquat]

Things are looking better. Trying a new channel while waiting for the top of the old channel to be tested as support. Can't decide to double down yet.

 

[Bquat]

Finally doubling down 100 S fund. I think the top of the longterm channel will hold as support. Also the midterm channel in the VIX may be confirming also:

 

[Bquat]

Just using the last day of month IFT.

 

[Bquat]

Had to do another redraw. Market just doing too much rethinking. I may have been a day too early.
Well at least the 50 Day is tested from above:

 

[Bquat]

Well the VIX is just inside of the Danger Zone but I hope the bottom of the orange channel acts as resistance:

 

[Bquat]

My entry is looking better and it saved my two IFT's for this month:

 

[Bquat]

My entry is looking better and it saved my two IFT's for this month:

Back to zero with my double down ( IN ) from 50 S to 100 S:

 

[Bquat]

Back to zero with my double down ( IN ) from 50 S to 100 S:

Now finally green after doubling down. Now let's go up so I can make double of what I lost on the way down:

 

[Bquat]

Well 430 on the auto tracter. So maybe I'm doing ok.:smile: Last year I saved 8% by getting out for May. This year I didn't do that. I hope I'm right. I think this may be an Ascending Triangle (orange) which is bullish. Also a small cup waiting for a handle. So I will hold for another 50 Day test:

 

[Bquat]

It is weird that I be thinking the fear zone in the VIX is pretty much safe. In respect to what has happened it is now like a less fear zone::cheesy:

 

[Bquat]

I'm not following IT ​this year so he probably has me beat by 10 percent or more this year. So good going this year IT.:smile:

 

[Bquat]

It is weird that I be thinking the fear zone in the VIX is pretty much safe. In respect to what has happened it is now like a less fear zone::cheesy:

VIX is finally testing the 200 Day: