Bquat's Account Talk

[Bquat]

Go we here, yes?

 

[airlift]

Go we here, yes?

Great. Tia

 

[Whipsaw]

Nordic's quote aligns with the gaps in Tom's market commentary... question: is the move up too far to fast to catch? Beware, falling knife zone... ??

 

[Bquat]

Great. Tia

I know you are but what about me?

 

[airlift]

I know you are but what about me?

I didn't mean to sound insensitive. Good luck!

 

[Bquat]

I didn't mean to sound insensitive. Good luck!

I was just joking there.

 

[Bquat]

I still have a conspiracy theory on our deadline. Too close for me to call so no move today. Playing with a descending channel::suspicious:

 

[Whipsaw]

I still have a conspiracy theory on our deadline. Too close for me to call so no move today. Playing with a descending channel::suspicious:

Amazing, makes the call on the post noon deadline change in market character!

 

[Bquat]

Because of today's action, I am wondering about my river line placement. I'm thinking the upper one because of increased volatility and being below the 50 Day. Also we could bounce after filling the gap at the waiting line:

 

[Mcqlives]

Because of today's action, I am wondering about my river line placement. I'm thinking the upper one because of increased volatility and being below the 50 Day. Also we could bounce after filling the gap at the waiting line:

I like the upper river line as well...plus it conforms more to the 20/50 line cross we may see soon.

 

[Bquat]

I like the upper river line as well...plus it conforms more to the 20/50 line cross we may see soon.

I think I'll redraw when I get back.

 

[Bquat]

SPX for tomorrow:

 

[nnuut]

I'd like to see that spider spin your lines!

 

[Bquat]

I'd like to see that spider spin your lines!View attachment 29907

Do give me acrophobia.

 

[BooDog]

Hmm I would love to see the visual representation of that.

see if this one loads.

Okay, so this is a rough that I did last week. Wasn't planning on posting this anywhere but it gives the jist of what I was talking about. My X's aren't very clean and it doesn't look all that great. I'll do a better one when I get a chance.

 

[BooDog]

see if this one loads.

Okay, so this is a rough that I did last week. Wasn't planning on posting this anywhere but it gives the jist of what I was talking about. My X's aren't very clean and it doesn't look all that great. I'll do a better one when I get a chance.

Originally Posted by BooDog
Very interesting seeing what works for other technical traders. I use a modified P&F (point and figure) usually starting from a 6 - 8 month daily and zoom in from there with other indicators. Drawing X's on each uptrend and down trend cycle. Where the X's intersect horizontally drawing the lines to the right margin. Most often they are on the critical support and resistance levels so one could simply eyeball the chart. Eventually I use the stochastic family, MFI, momo and sometime a few others along with divergence (PPO and ADX with +/-DI) to watch for pincher set ups.

meant to edit this into the last post. Sometimes I am a bit more organized. Really.

 

[Bquat]

meant to edit this into the last post. Sometimes I am a bit more organized. Really.

Thanks for sharing your info.

 

[Bquat]

This is a low base moving sideways into resistance::worried:

 

[Bquat]

Everything is moving sideways as if waiting for a news event.:notrust:

 

[Bquat]

Finally acting like double top and midterm may go bearish (yellow circle) if we don't turn by COB: