Surf Report

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While for me price has broke out the range enough to make some money i still consider this market to be bullish. I would consider it becoming bearish if it breaks below 2280 and truely bearish if it breaks below 2218. But while money can be made in PB and ranges it is still bullish by any means on a daily chart IMO.
 
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Overnight said:
Your 21087 entry was on the June contract yes, back on March 2nd or thereabouts? Well shit, as I see the chart, you're at ~600 tick profit on an extended downtrend. Why not exit the contracts NOW to capture the profits, and go back in short now with one or two contracts, to try to capture some extra downage to that original 1000 point target if that downage keeps happening? This way if it starts going back up, you have a lot less potential loss?

I just don't get it. With a 10ct position at ~600 points you're at ~$30K profit right now, yeah?

And does your shorting audience have the minimum $44K capital requirement to hold maintenance assuming the position settles in +net liquidity each day? Did you tell them that bit?
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Take profits? Not the surf. He is a gunslinger at O.K. Corral. He is out to set his legacy in stone. I mean points!
 
Goofboy is a mug if he doesn't bank around here. After 7 straight losers fighting a multi-year trend the inevitable happens and urf goes onside. It's a losers mentality to think every trade will turn into a huge winner. New all time highs are on the cards.
 
propwarrior said:
Goofboy is a mug if he doesn't bank around here. After 7 straight losers fighting a multi-year trend the inevitable happens and urf goes onside. It's a losers mentality to think every trade will turn into a huge winner. New all time highs are on the cards.
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In order to bank, he would need to have an actual position.
 
propwarrior said:
Goofboy is a mug if he doesn't bank around here. After 7 straight losers fighting a multi-year trend the inevitable happens and urf goes onside. It's a losers mentality to think every trade will turn into a huge winner. New all time highs are on the cards.
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For surfs sake i hope you are wrong but i agree with you. Nothing has shown me yet that this is a bearish market, long term. It is bearish in the short term. Breaking out of ranges south and PB good for shorting on a daily chart with much more tradeable action on smaller TF's both short and long but NOTHING has hollered at me about the market being bearish, as of yet. Of course, that could change.

Hope the surf doesn't gunsling himself right out of O.K. Corral into Boot Hill. He reminds me of the poster going by "buy1sell2" that loves to ride the yo yo up and down.
 
Tides gone out 250 points Surf , your wave selection is shabby . All total BS like the borrowed ferrari photo . Credibility sinking faster than the Orange Oracle , I can rent you an algo that will make you top of the heap . That 150k watch will do ... hahaha
 
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