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Thread: Bquat's Account Talk

  1. #12697

    Join Date
    Jan 2011
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    Default Re: Bquat's Account Talk

    Quote Originally Posted by Bquat View Post
    I still have a failure to reengage. Especially on House decisions this week and debt ceiling approaching:
    If something doesn't pass maybe N1 and if we have a shutdown N2:
    Attached Images Attached Images
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  2.  
  3. #12698

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    Default Re: Bquat's Account Talk

    100 DMA tested as resistance from below:
    Attached Images Attached Images
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  4.  
  5. #12699

    Join Date
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    Default Re: Bquat's Account Talk

    This can get bad. Spidey sense N2 me N1 or Orange. Spidey is concerned:
    Attached Images Attached Images
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.


  6.  
  7. #12700

    Default Re: Bquat's Account Talk

    Other factors could be at play here, but I think the main catalyst was the reaction to Hoyer. The downturn occurred around 11:30am, very close to the time Hoyer contradicted Pelosi about the bill passing.

    "House Majority Leader Steny Hoyer told reporters “nope” when asked if he was confident that the bipartisan infrastructure would pass if it was brought to the floor today." - CNN

    Senator Manchin also isn't making things easy. What a nightmare.


    Quote Originally Posted by Bquat View Post
    This can get bad. Spidey sense N2 me N1 or Orange. Spidey is concerned:

  8.  
  9. #12701

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    Default Re: Bquat's Account Talk

    It tried to come back and into green but end of day big drop brought us back to the low:
    Attached Images Attached Images
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  10.  
  11. #12702

    Join Date
    Apr 2008
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    Cleveland, Ohio
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    12,130

    Default Re: Bquat's Account Talk

    roller_animated.jpg

    I have Zofran and Compazine out on the counter.
    May the force be with us.

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  13. #12703

    Default Re: Bquat's Account Talk

    ha ha ha ha. momma always said make sure you have enough to share. ;-)

  14.  
  15. #12704

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    Default Re: Bquat's Account Talk

    Sorry guys I was out this morning. Well here I am trying to draw October charts and shortened thy longterm for a two IFT frame. I have been in G fund a long time but having truble still with this news based market. The market is bouncing exactly on N1 where I was wanting to enter but we are in October end of fiscal year and the House is in decision time. In a normal situation I would buy right now but I am dumb money and Spidey is again telling me to confirm the change in direction so he has a Dead Cat Bounce level for me. So the guess is again a personal choice. October 1 chart:
    Attached Images Attached Images
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  16.  
  17. #12705

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    Default Re: Bquat's Account Talk

    100 DMA tested again as resistance. I may have had my DCB line too low:
    Attached Images Attached Images
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  18.  
  19. #12706

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    Default Re: Bquat's Account Talk

    Still no move for me today. Midterm channel is looking to be drawn correctly. Testing Higher Low tail line again:
    Attached Images Attached Images
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  20.  
  21. #12707

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    Default Re: Bquat's Account Talk

    Back in the channel:
    Attached Images Attached Images
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.

  22.  
  23. #12708

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    Default Re: Bquat's Account Talk

    Midterm channel still continuing. No move for me today.
    Attached Images Attached Images
    Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.


  24.  
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