Surf's Special Situation Journal

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Quote from marketsurfer:

Yeah, i see what you mean. i am bailing on this at 12998 ( on a full 5 minute close below) --- but still bullishly optimistic. 13030 looks like possible support now. surf
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Minimal follow through to the downside. You might be OK.
 
Quote from Lucrum:

Minimal follow through to the downside. You might be OK.
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It's tough to be a critic from an incomplete chart. PA definitely shows no change in "short" sentiment.

Note the parts on the OB where the BM was hit very late in the bar.

Five bars later another OB formed in the opposite manner.

If it had more vol, then the presumed long would have been "saved" by the saucer that never formed and a BM would have afforded a wash trade on a later "short" if taken.

So the lesson not learned again and again was that price is a lagging indicator of price.

The ym has just gone through 2 vol exp's an they were in opposite directions as shown by the forming OB's.

The third OB showns how FBO after FBO is providing the "pain" bullshitters finally succumb to. Except for the real dummies who can't post "read" complete charts.

Add another variable so you can track the leading indicator of price.

Something is driving the slowest fractal. Why not show the leading trend driver instead of having to settle for a little red question mark?
 

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Quote from R. Raskolnikov:

No firm bud, I trade from home. Why is this so tough for you to understand? :confused: :confused:
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And you started with 5k and now live in gramercy park and dine regularly at Per Se. Ok, chief, whatever you say.
 
Regularly? I never said that. I said I went there for dinner last week. Yes, I live in Gramercy Park, as do 1000's of people. :)

Quote from marketsurfer:

And you started with 5k and now live in gramercy park and dine regularly at Per Se. Ok, chief, whatever you say.
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Quote from jack hershey:

It's tough to be a critic from an incomplete chart. PA definitely shows no change in "short" sentiment.

Note the parts on the OB where the BM was hit very late in the bar.

Five bars later another OB formed in the opposite manner.

If it had more vol, then the presumed long would have been "saved" by the saucer that never formed and a BM would have afforded a wash trade on a later "short" if taken.

So the lesson not learned again and again was that price is a lagging indicator of price.

The ym has just gone through 2 vol exp's an they were in opposite directions as shown by the forming OB's.

The third OB showns how FBO after FBO is providing the "pain" bullshitters finally succumb to. Except for the real dummies who can't post "read" complete charts.

Add another variable so you can track the leading indicator of price.

Something is driving the slowest fractal. Why not show the leading trend driver instead of having to settle for a little red question mark?
More...

"FBO"? "OB"? "BM"? Bowel Movement?

I presume you're ranting about adding volume.
1) I do use it some
2) I didn't ask for a lesson
3) I'm not in the mood to blow the dust off my JH obfuscation translator
4) Smurf, feel free to have this post removed if you feel it's polluting your journal
 
Quote from Laissez Faire:

Support?

I see you're using TA now.

Merry Christmass! :)
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merry christmas!

:D

only as descriptive terms--that's what TA is for.

Breaking out on the upside here, pushing toward breakeven on the entry. surf
 
Quote from marketsurfer:

Still in and long the march YM
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I guess not anymore. Anyhow, this trade reminded me of your Combine performance. First up 4K, then ending it down 4K....

By the way taking a long term stand while this fiscal cliff negotiation is going on is pure gambling....
 
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