I've been using 500mg/week EQ with twice a week injections and that's about as often as you need to shoot. EOD is overkill for a long ester. Search around for the roid calculator which shows the blood levels for each day through your cycle. It fluctuates a bit, but there aren't really any huge peaks or dips.
I would suggest running at least 400mg a week. I was running that dosage and the fat was melting off me along with only 600mg of r-ala a day. The fat loss oddly stopped when I added in Anavar (go figure), but EQ alone should be fine. You will definitely see results if you're using 2g ALA with the EQ. You still need to diet though, the drugs won't do all the work.
Also, you won't be shut down as hard you would be with say fina or deca, but you will be shut down after 14 weeks.
Cutting with EQ is a real test of your willpower since EQ hunger pangs will drive you nuts when you're in a calorie deficit. I would suggest running ECA/NYC along with it, it helps TREMENDOUSLY with suppressing the hunger. The only problem I had then was when the NYC wore off at night and I got late night hunger like no other.