Bquat's Account Talk

[JTH]

Your exiting the F-fund at the top of a 14-day range-bound channel where prices are compressed. With 1 IFT left, you have options.

 

[Bquat]

I'm ok with my C fund entry:

 

[Bquat]

Little nervous on my S Fund entry but we do have a higher low:

 

[Bquat]

Your exiting the F-fund at the top of a 14-day range-bound channel where prices are compressed. With 1 IFT left, you have options.

Thanks:

 

[Bquat]

Anybody want to see a time lapse on the DOW? Remember moving averages are scaled for 2 hour only:

 

[Bquat]

Ok JTH is the DOW a leading indicator or follower and what do you think of my channels? I see you:

 

[JTH]

Ok JTH is the DOW a leading indicator or follower and what do you think of my channels? I see you:

Depends on the season, based on past studies I've done, for a leading Index, I look at the Transportation Index and the NASDAQ 100, but when they do lead the markets up/down, it's usually by just a day or two. I don't follow the Dow Jones Industrials much, it's "Old School Large Caps" with almost all of the original companies now gone. But that's just my preference, I have nothing against it, the good news is there is always lots of TA/Blogs/News you can find on them because they've been around for such a long time.

The Diamonds are telling us the same thing the S&P 100 & NASDAQ 100 have been telling us, this is a large cap rally, which means this is a world-wide fear-driven market where folks are seeking a combination of the 3Ps through Precaution, Preservation, & Performance. JMHO

 

[Bquat]

Depends on the season, based on past studies I've done, for a leading Index, I look at the Transportation Index and the NASDAQ 100, but when they do lead the markets up/down, it's usually by just a day or two. I don't follow the Dow Jones Industrials much, it's "Old School Large Caps" with almost all of the original companies now gone. But that's just my preference, I have nothing against it, the good news is there is always lots of TA/Blogs/News you can find on them because they've been around for such a long time.

The Diamonds are telling us the same thing the S&P 100 & NASDAQ 100 have been telling us, this is a large cap rally, which means this is a world-wide fear-driven market where folks are seeking a combination of the 3Ps through Precaution, Preservation, & Performance. JMHO

Thanks, I've been doing too much Precaution, Preservation, & now trying Performance.

 

[Bquat]

Anybody try the Moving VWAP 50 for longer term trades?

 

[Bquat]

Going to try SPY 20 Day supported channel and VWAP 50 as a trail basis:

 

[Bquat]

Upon further review it looks just like a 13 day:

 

[airlift]

Upon further review it looks just like a 13 day:

Bquat,

What do you mean by a 13 day? Tia.

 

[RealMoneyIssues]

Bquat,

What do you mean by a 13 day? Tia.

I'm not Bquat, but I stayed at a Holiday Inn Express last night (not really).

Based on his chart, I would say he is talking about the curve that represents the 13 day moving average.

 

[JTH]

For some clarification, there are 3.25 2-hour candlesticks in a day, so a 52 2-hour moving average on a 2-hour scale is a 15 Day moving average on the daily scale.

View attachment 31269

 

[RealMoneyIssues]

For some clarification, there are 3.25 2-hour candlesticks in a day, so a 52 2-hour moving average on a 2-hour scale is a 15 Day moving average on the daily scale.

View attachment 31269

Sheesh, picky picky... I suppose you use a 65 min candle chart too...

 

[Bquat]

Bquat,

What do you mean by a 13 day? Tia.

This chart shows what I mean and JTH explained it better. I really didn't know the correlation until what he said. When I tried the 15 Day moving average it didn't match quite as well:

 

[Bquat]

For some clarification, there are 3.25 2-hour candlesticks in a day, so a 52 2-hour moving average on a 2-hour scale is a 15 Day moving average on the daily scale.

View attachment 31269

I was going with 4 candles a day because isn't the first 1/2 hour the first candle?

 

[JTH]

I was going with 4 candles a day because isn't the first 1/2 hour the first candle?

If I remember correctly, the candle transistions into the next day before it's fully closed, but I would have to verify that by exporting the data into notepad and looking at it. I'll take a look at it when I get home tonight.

 

[Bquat]

If I remember correctly, the candle transistions into the next day before it's fully closed, but I would have to verify that by exporting the data into notepad and looking at it. I'll take a look at it when I get home tonight.

That's ok buddy. I don't need it down to a nat's a--. I use the free version at freestockscharts.com - freestockscharts Resources and Information. This website is for sale! and I don't think it's necessary to be that precised.

 

[Bquat]

Transports is fighting to keep the breakout JTH was mentioning in his thread: