DreamboatAnnie's Account Talk

DBA...good luck with ur trade. Good news from Coolhand today on his interp of NAAIM numbers (post # 8257). Always nice when he swings thru for his take on things...
EJJ

Curious why you divert from ur old strategy on equities...remember Birtchtree...he would always talk about taking the emotions out of a trade.



DreamboatAnnie;670088]I entered C fund 50%. Hoping this is only a small pull back and with upswing to continue in April.

Price did get above both 100 and 200 MAs. So, looks like strength...will see...:rolleyes: This is not a move in line with my strategy...
 
Hi Shitepoke. Thank you...hope it doesn't drop too much. I deviated from strategy because I like the strength C fund showed by getting above 50-day MA and above the 180 and 200 MAs, and it was last day in month and I like to be invested going into a new month. Also, April is often one of the strongest months but I know anything can happen. I do hope the 200 will act as support but will see. I do expect it to start consolidating, but hope it rises some this coming week.

I did chuckle when you mentioned Birchtree. He had no emotions at all. He was a truly a huge raging Perma-Bull! It didn't matter if the sky was falling, he was always buying his "wallflowers". Lol...He was right...we were and as far as I can tell, still are in a cyclical bull market! But I am now dealing with a shorter time frame as I plan to retire in less than two years. So, I will try to be conservative, but gotta be in it to make money...

As for Coolhand, I did not realize he had posted last Thursday and earlier today. So happy to see that he posted! Woo..hooo...hope he keeps visiting us. Like most folks here, I greatly miss his interpretations and thoughts on the market. :smile:

Best wishes to you and everyone! :D:D:D
 
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Hi Epic, This is what I like about C fund.
Green circles =Good - notice price is above 3 & 10 EMA, RSIs are steady or rising. MACD histogram bars are starting to get smaller .may go green. will see...
Pink circle = Watching Slow stochastic - It is teetering intraday on losing the embedded reading as it has dropped just below 80, but then rises back up above 80.
Not circled but good - 20MA is now over 50EMA! Woo...hoo...
Not circled but not so good - MACD default - Histogram bars dropping/getting smaller, and looks like it could cross down below its signal line soon.. So will be watching for exit primarily on 3 EMA, Stochastic drop below 80 and RSI2 touching 70 and dropping back down below 70.
View attachment 53932
 
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Posting that last chart one more time...Hope it shows in window this time. :smile: and it did keep the SlowSto embedded reading...both above 80.

02 - C FUND - SPX DAILY.png
 
Charts as of a few mins ago. Yes, might exit. C fund RSI2 moving down. Not sure on exit, but likely will be last minute decision. I know Fed minutes come out tomorrow and sometimes market mulls over something new...so it can be a surprise. Eh...will see...
:smile:
01 - S FUND - DWCPF DAILY.png

02 - C FUND - SPX DAILY.png

03 - I FUND - EFA DAILY.png

04 - F FUND - AGG DAILY.png
 
Decision to stay put...:smile:
Like Whipsaw's Slow Sto 5,5 setting (faster) than default setting. Will see how this pans out!
Best wishes to everyone!
 
Here are charts. I am likely going to exit. It failed. C fund has 3 EMA crossing below 10 EMA, and MACD default is crossing below its signal line. Will exit before I lose more. Best wishes to all!

01 - S FUND - DWCPF DAILY.png

02 - C FUND - SPX DAILY.png

03 - I FUND - EFA DAILY.png

04 - F FUND - AGG DAILY.png
 
I am trying to improve on my exits. That has always been the toughest. I think the entry using Slow Sto drop below 20 and then starting to rise and especially if there is a large candle that brings price higher than the last two days, is a good entry. But the Exit... that is a mess. I stare at charts trying to come up with something that is reliable for exit. Best I can tell at this point is to watch MACD default (12,26,9) to see that it has good SPACE between it and its signal line BUT MUST also have drop in RSI 2 below 70. If only RSI 2 drops but MACD default still has lots of spacing, then best to hold another day or so to see if price recovers on that bobble to continue on up. So both must be in place for the Exit. If you look at the S and C fund charts above, you'll notice that price hits upper bollinger, backs away and then hits it a second time before it truly looses upward momentum. Upward trendline was good but the indicators are what help spot the exit..... Just thinkin out loud..... :rolleyes: Maybe I am just CRAZY! LOL... need to back test that.

PS. humm... sometimes I just want to take my marbles and go home! I despise this market! lol... :blink:

Best wishes to everyone! :D:D:D Best thing is that Friday is almost here.... heee heee hee ... ah R&R

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DBA, soon you will see the charts like Neo in the Matrix, with limits and trendlines moving in conjunction with economic projections and geo-political events, bollinger bands and moving averages all flowing like fluids across the chart in live motion... you will be... be the chart, DBA... the shortest line between two points is a straight line in the opposite direction! Na na na na na na naaaaa! :nuts:
 
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