Surf's Special Situation Journal

[marketsurfer]

Quote from icarus618:

Dude, the other day you got caught with your pants down watching 5 minute bars on a price chart. You enjoy pulling your own chain.

Huh, I use TA to illustrate what has happened, its really good for that--otherwise it has zero value---- stocks don't even trend, how on earth could a line on a chart show the way??

The TA folks continually vacillate between intuition, objective, subjective, sometimes contradicting themselves in the same paragraph--- so I figured that some of you are just jerking my chain--- ya cant be that naive...

If most of the TA brigade actually did catch on to something that actually worked consistently, and won the fight against the human urge to gamble, the market would simply change to negate the winning method. If it didn't it could not survive-- as the laws of compounding would come into play..... this is all very basic common sense-- but its tough to argue anything with fundamental religious types

surf

 

[NoDoji]

Quote from icarus618:

Dude, the other day you got caught with your pants down watching 5 minute bars on a price chart. You enjoy pulling your own chain.

Icarus, it's very unfair to distort the facts like this. Brother Surf was NOT watching 5 minute bars on a price chart.

He made it very clear that he was watching "5 minute block of time completions".

 

[R. Raskolnikov]

Hilarious

Quote from NoDoji:

Icarus, it's very unfair to distort the facts like this. Brother Surf was NOT watching 5 minute bars on a price chart.

He made it very clear that he was watching "5 minute block of time completions".

 

[R. Raskolnikov]

Would you mind sharing HOW you create your channels, you don't have to share anything proprietary of course, just curious what creates the upper and lower ranges for the channels. TIA

Quote from marketsurfer:

Huh, I use TA to illustrate what has happened
surf

 

[marketsurfer]

Quote from R. Raskolnikov:

Would you mind sharing HOW you create your channels, you don't have to share anything proprietary of course, just curious what creates the upper and lower ranges for the channels. TIA

Nothing complex at all.

They are based on the bullish obearish gauge of the price drivers. When the price driver index liens bullish, the channel lines are set at X price difference above and below the current price, same thing but different parameters with a bearish reading. surf

 

[R. Raskolnikov]

Cool, thanks. Good luck with the tweaked PD method

Quote from marketsurfer:

They are based on the bullish obearish gauge of the price drivers. When the price driver index liens bullish, the channel lines are set at X price difference above and below the current price, same thing but different parameters with a bearish reading. surf

 

[Lucrum]

Quote from marketsurfer:

J...Markets have changed radically and continue to change....you need to be flexible or the flexions will crush you. surf

So then, you'll be dumping those "price drivers" you used during your unsuccessful Combine?

 

[marketsurfer]

Quote from Lucrum:

So then, you'll be dumping those "price drivers" you used during your unsuccessful Combine?

Don't gloat until you take the combine. No, I have combined the PDs with the channel system--- as they are uncannily accurate in predicting large moves, just not direction. The channels should keep the trade directed correctly. The Apple short was the first trade using this new tactic and it was a winner. Surf

 

[tracer619]

I think AAPL goes up next week. ie it will close higher next Fri 4pm than it did this Fri 4pm.a dip on Monday morning is a BUY.

 

[cornix]

Quote from marketsurfer:

Just keep on preaching this mantra--- I guess it ads security to an uncertain endeavor. Markets have changed radically and continue to change....you need to be flexible or the flexions will crush you. surf

Yes, they change. But stay the same too. Interesting phenomenon isn't it?