Bquat's Account Talk

[FAB1]

Allmost out just 9% in dr copper is dumping. Eye on monday and if stocks ralley kick me!

 

[FAB1]

If these gains.hold will break about even on trade. could have had +3 % with less headache though. looks like were back to quick in&out strategy days.

 

[Mcqlives]

If these gains.hold will break about even on trade. could have had +3 % with less headache though. looks like were back to quick in&out strategy days.

And how we could make the money if we had more trades!

I stayed in yesterday and today I thought the mornings action showed 1540 as a strong floor. Now that we are solidly above 1550 I have strong hopes that we go up next week.

As a side note...I wish we had a commodities only based fund to DCA into! Something along the lines of a third each of grain crops, energies and metals.

 

[Mcqlives]

Done? You get out? I may follow tomorrow unless the 50 day is all it needed.:worried:

Like I said, I stayed in. When I referenced my methods (at least for the time being) I was talking about my "get out" lines on closing prices. 1546 was my closest one to yesterdays and we were well under it and I was expecting today to go from bad to worse. Today was a very nice surprise for me and I hope next week is good as well. I have a lot of catching up to do this weekend!

 

[Bquat]

Like I said, I stayed in. When I referenced my methods (at least for the time being) I was talking about my "get out" lines on closing prices. 1546 was my closest one to yesterdays and we were well under it and I was expecting today to go from bad to worse. Today was a very nice surprise for me and I hope next week is good as well. I have a lot of catching up to do this weekend!

I have a lot of catching up to do next week. We did good today and S fund did good. I'm + for year. but still :embarrest:, but not contrary indicator by probably .I%.:toung:

 

[Mcqlives]

I think I'm going to take my profit and go to G. You?

 

[Bquat]

I think I'm going to take my profit and go to G. You?

Even though the top of the descending channel is looking like good resistance, I might be seeing a new channel forming. I just don't know if I can handle another nose bleed.:notrust:

 

[Mcqlives]

Even though the top of the descending channel is looking like good resistance, I might be seeing a new channel forming. I just don't know if I can handle another nose bleed.:notrust:

I saw it too but think it might be a smaller trend within the larger downward channel.. We have a few minutes till decision though.

 

[Bquat]

I saw it too but think it might be a smaller trend within the larger downward channel.. We have a few minutes till decision though.

I'm going with 1576ish.

 

[Mcqlives]

I'm going with 1576ish.

I see a little strength and am guessing 1567 as my pick but I hope we aren't seeing things. Riding it for one more day, at least.

 

[Bquat]

I see a little strength and am guessing 1567 as my pick but I hope we aren't seeing things. Riding it for one more day, at least.

Top of the channel held as support get ready to see move up.:blink:

 

[Mcqlives]

Top of the channel held as support get ready to see move up.:blink:

good call!

 

[Bquat]

good call!

Thanks

 

[Mcqlives]

Thanks

Ladder time?

 

[Bquat]

Ladder time?

Ok but no promises. Have to reenter the orange channel and only a few rungs before we test for an H&S. Maybe only a little gain but if we get above shoulder level we could get new high but that is 40/60 so far.:suspicious: Only did ladder form cause you asked. The ladder rungs show bad spots to retrace from. Increases chance of failure. We need to skip a rung in reality.:blink:

 

[Bquat]

Ok but no promises. Have to reenter the orange channel and only a few rungs before we test for an H&S. Maybe only a little gain but if we get above shoulder level we could get new high but that is 40/60 so far.:suspicious: Only did ladder form cause you asked. The ladder rungs show bad spots to retrace from. Increases chance of failure. We need to skip a rung in reality.:blink:

We have two distinct possibilities. The completion of the right shoulder or a repeat pattern. I prefer the repeat pattern. It has a better chance with this move. So let's cross that pink line before the deadline.

 

[Bquat]

Pink line now being tested from above. Now if only we can get shorts to cover. Shortly we should be at the 1% gain waiting for user input.:blink:

 

[RealMoneyIssues]

Pink line now being tested from above. Now if only we can get shorts to cover. Shortly we should be at the 1% gain waiting for user input.:blink:

Shorts are not going to cover for a measly 1% pop up as they are expecting a much larger drop in the future. If we get another 1-1.5% today/tomorrow, then we might see another short covering rally to 1599.99...

Then be scared...

 

[Bquat]

Shorts are not going to cover for a measly 1% pop up as they are expecting a much larger drop in the future. If we get another 1-1.5% today/tomorrow, then we might see another short covering rally to 1599.99...

Then be scared...

I'm mainly happy we didn't double top here and we're building good support and high base here. And the main thing is we have 1 hour to watch for direction.

 

[Bquat]

At user input level so input already.