Bquat's Account Talk

[Bquat]

I don't care if we only go up at 1% each day as long as we build a solid base and continue to clime. This is a high base forming but still a possible bear pull back: I'll definitely wait for 1845 until I add to my allocation. Staying above 1828 could help the bulls decide. Slow and strong inch by inch. My 1% line is a little more than an inch but when I zoom back it could be 1 inch:

 

[BichonFreeze]

It never ceases to amaze me how much one trading hour can change the whole outlook.

 

[Bquat]

It never ceases to amaze me how much one trading hour can change the whole outlook.

Yeah post deadline too. Not looking too good.

 

[BichonFreeze]

Woof, at this rate we'll be in the red

 

[OBXTrader]

I will say it before Birchtree. We just needed to get rid of the week-kneed people first for this secular bull rally to continue. I hit buy on an IRA ETF at market low.

Woof, at this rate we'll be in the red

 

[Bquat]

I don't know why but we're back on schedule:

 

[JTH]

I don't know why but we're back on schedule:

Surprisingly, we bounced off Friday's lowest closing bar on the 15-minute timeframe.

View attachment 28158

 

[Bquat]

JTH,I am extreamly happy with your increased involvement in providing info and charts on Tsptalk. We do enjoy it. Usually if I use one of your lines or important points that helps show what I'm seeing, I try to show it's from you. Some of the stuff you come up with truly amazes me. 1828 looked like it would hold the other day and I think your 1811 was equilivent where futures turned.

 

[Bquat]

JTH can I use your 1828 as a rallying point? Or my 1842?

Now i'm thinking of increasing at 1842-45 or decreasing if 1828 doesn't hold.

 

[Bquat]

Now that back stopped hurting I'll go back to bed.

 

[OBXTrader]

That Friday mark I remembered as well (happened to be at my desk both days) and why executed the (S&P and W4500) ETF buys yesterday. Not a lot of money, but a little more skin in the game.

Surprisingly, we bounced off Friday's lowest closing bar on the 15-minute timeframe.

View attachment 28158

 

[Bquat]

Trying to show the importance of the bottom rung holding. I really don't want to have to use my last IFT to exit.:worried:

 

[BichonFreeze]

Yeah I'd have to agree, does not look good. Will see how this pans out in an hour.

 

[Bquat]

It really is looking like the peaks are being sold. So give me a higher low soon. I need it.

 

[Bquat]

I'm sticking at 50% waiting on a higher low to set itself: Not seeing a big sell off has me chancing at saving the last IFT.

 

[Bquat]

Market has hesitated at this level too long. I redrew my purple lines so let's go bullish now: I have to go bowl, so you guys watch the action for me.

 

[Bquat]

May be creating a trading range between the blue and red line. A one percent gain tomorrow could really change the outlook back to bullish:

 

[BichonFreeze]

Bquat, you may get your 1% today. Yellen is speaking.

 

[Bquat]

Redrew the longer time frame until I can figure the new shorter time frame out:

 

[Bquat]

Here's an attempt just worried about the gap: