Surfer Alerts

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Quote from Placebo:

Still looks bearish to me, don't see much strength materializing just yet.
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The channel will keep me flat untill the strength arives--- at least thats the idea! surf
 
Quote from marketsurfer:

The channel will keep me flat untill the strength arives--- at least thats the idea! surf
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I like it. Buying/selling in direction of momentum. Sounds good. Now throw in some context and finer signal and you'll be a real TA trader. :D
 
Quote from marketsurfer:

The channel will keep me flat untill the strength arives--- at least thats the idea! surf
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Price channels? You mean like on a price chart? :D
 
so, is surf still long CL?

i just read he's considering going long gold. OMG, this is another amazing mistake, everybody is unloading gold right now due to cyprus central bank decision of selling its gold reserves, which might signal the beginning of prolonged decline in prices going forward, due to the potential follow through in europe's debt burdened economies, with very rich central bank reserves, such as portugal, spain, italy, greece and ireland.
 
Quote from marketsurfer:

Allright--- we are setting up channel to trade the /YG june gold emini contract. The PD's are leaning bullish BUT experience has shown that this may portend toward a continued negative move. We have created a death channel in the contract at 1433 to 1377--- trades will be entered in the direction of the break out, at 3 minutes after breaking above or below the channel line---- If our channel lines are correct, the breaking of these lines combined with the PD will result in profitable price momentum in the same direction. Lets go do what happens. Surf:)

PS-- I feel bullish here, along with the PD's but will await confirmation via channel to confirm rather than plunging in on PD alone.
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have you tested this or are you flying by the seat of your pants..

backtest > forward test > small position size > take from the "house" > grow your position size from what you took from the casino {drop back down to small size if you give back what you took from the house}

thank me later for saving your ass
 
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