DreamboatAnnie's Account Talk

[ravensfan]

Thanks Raven! Lol... Gotta have fun sometimes. Doing some wine tasting and shopping in nearby pretty little town with a few girlfriends plus karaoke, which I love! Should be fun! .

Wine tasting? Karaoke? Nah! Give me a tall Guinness and some Irish drinking songs and I'm good. (What do you do with a drunken sailor?) Have fun. Looking forward to your charts when you get back.

 

[ravensfan]

 

[DreamboatAnnie]

Now thars a cute funny little ditty! But sounds like the guys are going to get him in trouble with the captain. Never knew all he lyrics on this! :laugh:

 

[DreamboatAnnie]

Charts

 

[DreamboatAnnie]

Good morning, here are daily charts.

 

[shitepoke]

DBA...off the lillypad anytime soon?

 

[DreamboatAnnie]

Hi Shitepoke,
Not yet. Too many whipsaws and my indicators have not yet fully hit.
It got very close recently. I am trying to stay patient...FOMO... But glad I've stayed out.

My strategy is at post 4868, pg 406.

Best wishes to you and everyone! :smile:

 

[DreamboatAnnie]

Charts

 

[DreamboatAnnie]

Good morning! Here are charts.

I added dark pink line to RSI and Stochastic... So a 3rd strategy for entry is to go in when both RSI and Stochastic get below low levels indicated by my inserted Pink lines and then staying in only a few days, reducing exposure as price gets close to whipsaw zone. Hummm... Just trying to figure how to jump in for short term gain without too much Risk. The other two strategies include only using 13/ 48 day EMA crossovers or strategy at post #4868. That later strategy has been difficult to use as market is just steadily stair stepping downward, so that parameters don't get hit.
Best wishes to Everyone*!!!

 

[DreamboatAnnie]

Here are charts. I drew in verticle dotted green line to denote that my strategy 2 have hit for entry. But must say I don't like it because whipsaw zones have gotten a little higher based on last two swing highs (see verticals lines added in on Slow Sto...whipsaw zones now a bit above 50). So, while parameters hit, I don't feel that confident about entering. So, I am not entering. Ugghh... Best wishes to all! :smile:

 

[Whipsaw]

Did somebody say Whipsaw?

 

[shitepoke]

DBA- time to let loose of the emotion...last yr you/me said we would go by the numbers. I lost by going with emotion, BIG TIME! what do your numbers say??
SH

 

[felixthecat]

Swimming in the waters this year has not worked out well. I totally understand the confidence you speak of. These bear rallies have been quick and painfull on the wrong side of the entrance. I do like the RSI, Macd, and the Full STO, and Dow Jones FXCM Dollar Index which all appear to be on the side of a continued rally. However the 10 yr treasure yield is pushing a bit higher as of late and appears to be indecisive on the yield moving higher. Perhaps content on staying around 4 percent until earnings quarter is further along. The dollar has been sliding some as of late so maybe this will allow the rally to continue for the remainder of the week?

 

[DreamboatAnnie]

DBA- time to let loose of the emotion...last yr you/me said we would go by the numbers. I lost by going with emotion, BIG TIME! what do your numbers say??
SH

Hi Shitepoke,
I do believe the strategy at post 4868 is too risky because of the volatility and whipsaws going on (green/red vertical dashed lines on my charts). So that strategy is an attempt to get in after the whipsaw zone has been tested and passed, indicating a longer upswing. However, except for the late June/earlyJuly counter rally, I don't think this strategy is happening often enough. I am switching it up to look more at using a different strategy (PINK LINE strategy) of going in only after market drops down to pink line on Slow Stochastic and preferably RSI as well. Going in while market is that low is making more sense to me now and seems less risky with thought of exiting when price drives Slow Sto up to the whipsaw zone (at least exit a large percentage to pocket gains).

I am thinking that this Pink Line strategy would get me in earlier and exit earlier...and be a safer bet with more chance of making some gains. I am particularly looking for Slow Sto to drop below 10 (black line) and be below its signal line (red line) and then starting to rise above its signal line for entry while also looking at RSI to see if it is pointing upward. Using whipsaw lines to exit or reduce exposure.

My numbers on the #4868 strategy post indicates an entry as of yesterday, which I did not follow. I am preferring now to use the strategy described above. So, I am staying out for now until the next big drop.

Best wishes to you and everyone! :smile:

 

[felixthecat]

Dang…10 yr treasury yield moving up. The dollar stronger. Well, if this continues, bear rally is over.

QUOTE=felixthecat;679254]View attachment 55835 Swimming in the waters this year has not worked out well. I totally understand the confidence you speak of. These bear rallies have been quick and painfull on the wrong side of the entrance. I do like the RSI, Macd, and the Full STO, and Dow Jones FXCM Dollar Index which all appear to be on the side of a continued rally. However the 10 yr treasure yield is pushing a bit higher as of late and appears to be indecisive on the yield moving higher. Perhaps content on staying around 4 percent until earnings quarter is further along. The dollar has been sliding some as of late so maybe this will allow the rally to continue for the remainder of the week?[/QUOTE]

 

[DreamboatAnnie]

Agree with you Felix. Will see how chart indicators and price are affected. Now using my pink line strategy described in last few posts above. Best wishes to you! :smile:

 

[DreamboatAnnie]

Charts

 

[DreamboatAnnie]

Looking at COB charts and RSI clearly turning down. So at this point does look like it reverses at point a bit above 50 on Slow Sto. Glad I did not enter.

 

[DreamboatAnnie]

Charts...

 

[ravensfan]

As usual DBA, awesome charts! You are amazing!!!:nuts:

I'm liking this pink line strategy you've mentioned.