I've had enough of Marketsurfer!

[romik]

I was late on this one as you can see on chart, according to rules I posted a TL would have generated a sell signal around 1,950 SPX, making reward more appropriate at x3, but I want to keep this as transparent as I possibly can, so entry was 1,942 stop is 1,962 and target 1,882

If I wasn't late on this one, then reward would have been reached now.

 

[jimmiebarton]

Romik, I know you mean well, but you'll never convince him that's he's wrong. I don't know a lot of successful technicians, but the few that I do know are all former sell-side, former NYSE MMers, etc. Two of which work in legit prop and make high seven to low eight figures and only look at charts, no fundamental, macro, etc.

Obviously a sample of two is just that, but to state, categorically, that TA doesn't work is infantile.

You'd be enraged if Surf woke up tomorrow and exclaimed that TA worked. No more windmills...

(I personally don't use it).

what do you use stats?

 

[jimmiebarton]

S EURO 11200

scalp

 

[jimmiebarton]

add S 1206

 

[jimmiebarton]

add 1228 S

1211 basis

 

[jimmiebarton]

add 1238 S

 

[jimmiebarton]

S 1242; last short

11223 basis

 

[Banjo]

jimmi, what did you see to make you short or was it a macro political reason.

 

[romik]

Bet closed 1,882 for +3%

I was late on this one as you can see on chart, according to rules I posted a TL would have generated a sell signal around 1,950 SPX, making reward more appropriate at x3, but I want to keep this as transparent as I possibly can, so entry was 1,942 stop is 1,962 and target 1,882

 

[romik]

-1%
+3%
+3%
+3%