Bquat's Account Talk

[Bquat]

Perfect, BQ. Thanks for having a sense of humor, but you didn't comment on the hair style.

Good luck and thanks for your insights.

PO

I was posting with my two finger technique and didn't get to yours yet. I had a flat top as a kid during the summers. What's you point?

 

[Bquat]

Well according to Uptrend, we may get a bounce off of 1327. I agree. Why, because that is exactly where my 13 day and bottom of the old channel is. We also have 20 day support at 1328 but I remember 1332 was a strong resistance in the past and should be strong support. I hope news feeder doesn't knock me off the first page again.

Took out the little channel because we may open below it.

 

[RealMoneyIssues]

What is the period on your chart (looks like 30 mins) and what are your 70/182/280 SMA (EMA) trend lines? You talk about 13 day line and well, the math doesn't add up for me so I was curious how you defined it.

Thanks

 

[Bquat]

Ok, I lightened the first two Fib. lines and drew in support at 1332ish. Remember the channel is about 2% wide and the 20 day is about 3% and I think the 13 day and especially the 20 day are good holding points. Plus droping to the 20 day would make me fall to O% gain for 2012. Cross fingers.

 

[nasa1974]

No my thread is fine. I was complaining about spam in the new post area. I was trying to get across that if I wanted a news feed, I could set my email for one. Also business news may be ok but sports and headlines have nothing to do with finance. They may be ok on weekends. Also JMO, Headline news and CNN overly push stories and sometimes seem to over speculate and amplify for effect. I also feel this is spamming because can't we figure out how to get news on our own if we wanted it. I'm just ranting. I glad you guys posted to keep my thread on the first page.

Bquat, At times we all have a problem with something out of the status quo. These new posts are appearing in the Misc. Stuff Section under the News & World Affairs Thread so it shouldn't have any affect in our members section and the posts are not showing up under the New Form Posts column on the right hand side of the page. When this information is posted we have a choice to read it or not. If all we posted was financial information this would be a pretty boring place. Anytime you offer a new feature it takes a little time to debug it. Keep posting your charts they are helpful.

 

[clester]

I'm looking for a test of 50 dma which is rising fast. That could be near 1300 soon. But of course I'm out. If I was in I would agree with you. I wonder if folks en masse take profits? If so, we could get a good drop which would be a buying opportunity.

 

[Bquat]

Bquat, At times we all have a problem with something out of the status quo. These new posts are appearing in the Misc. Stuff Section under the News & World Affairs Thread so it shouldn't have any affect in our members section and the posts are not showing up under the New Form Posts column on the right hand side of the page. When this information is posted we have a choice to read it or not. If all we posted was financial information this would be a pretty boring place. Anytime you offer a new feature it takes a little time to debug it. Keep posting your charts they are helpful.

Yes but they are there when I select whats new. If all we posted was financial information this would be a pretty boring place. Hello there's all kinds of sites for the news, sports and other things.Turn the TV on while your on this site if you want news. I just think it's a turn off to have to scroll through them to get to members posts. This site is to help others make money, not an entertainment site. I concider this spam just like you get in email but we don't have a filter.Ok rant over.

 

[Bquat]

I'm looking for a test of 50 dma which is rising fast. That could be near 1300 soon. But of course I'm out. If I was in I would agree with you. I wonder if folks en masse take profits? If so, we could get a good drop which would be a buying opportunity.

We could be just having one of Oscar's three day holiday rule. The trend changes just before the holiday and reverses back next week.

 

[nasa1974]

I'm looking for a test of 50 dma which is rising fast. That could be near 1300 soon. But of course I'm out. If I was in I would agree with you. I wonder if folks en masse take profits? If so, we could get a good drop which would be a buying opportunity.

If we do start to drop I can ride it out a little bit but I hope we don't fall to 1300. Let's hope we catch the higher support lines.

 

[Bquat]

If we do start to drop I can ride it out a little bit but I hope we don't fall to 1300. Let's hope we catch the higher support lines.

Now that something we can agree on. I haven decided if I want to exit at the breaking of my 13 day. I might wait fo the 20.

 

[nasa1974]

Yes but they are there when I select whats new. I just think it's a turn off to have to scroll through them to get to members posts. Ok rant over.

I could see where that would be annoying using the "What's New" choice and having to scroll through all that. I just look for this.

Futures not looking good.

 

[Bquat]

I could see where that would be annoying using the "What's New" choice and having to scroll through all that. I just look for this.

Futures not looking good.

Futures look really bad last night and I was expecting a drop to the bottom of the channel. Well things look better than I thought so I put the little channel back up.

 

[Birchtree]

FWIW - in 1963 my hair style was a DA. Can you guess what that stands for?

 

[nnuut]

Duck's Butt!

 

[Birchtree]

You so smart. I had a class mate that was prevented from walking the graduation walk because he had a beatle hair cut - and he became a physics teacher. Now everyone wants to look like Lady Gaga.

 

[Bquat]

What is the period on your chart (looks like 30 mins) and what are your 70/182/280 SMA (EMA) trend lines? You talk about 13 day line and well, the math doesn't add up for me so I was curious how you defined it.

Thanks

Yes I'm using a 30 min. I counted 14 30 min. candles a day so I took 5, 13, and 20 times 14 for this period. In the 15 min these represent about 3ish, 7.5ish and 11.6ish (24 15 min candles). I was trying to convert periods to days. It works for me. Sorry I missed this.
PS there's normally approx. 20 trading days a monthl, so I use the 20 as a monthly.

 

[Bquat]

Yes I'm using a 30 min. I counted 14 30 min. candles a day so I took 5, 13, and 20 times 14 for this period. In the 15 min these represent about 3ish, 7.5ish and 11.6ish (24 15 min candles). I was trying to convert periods to days. It works for me. Sorry I missed this.
PS there's normally approx. 20 trading days a monthl, so I use the 20 as a monthly.

Here's an example of the time frames. The 5 day is acting as resistance in the 30 min. and the 7.5 day is acting as resistance in the 15 min but you can see we might be breaking it in the 15.
Does that help?

 

[Bquat]

I will stay in today.

 

[nnuut]

You so smart. I had a class mate that was prevented from walking the graduation walk because he had a beatle hair cut - and he became a physics teacher. Now everyone wants to look like Lady Gaga.

​

 

[Bquat]

That's new the bull flag worked.