Holding SP 500 and Oil LONGS into Monday.
Enjoy your weekend!
Surf
Enjoy your weekend!
Surf
The Surf Report--part 2
- Thread starter marketsurfer
- Start date
USA launches cruise missiles into Libya
The impetus for a massive equity and oil rally on Monday??
The impetus for a massive equity and oil rally on Monday??
As was very clear Friday, it appears a solid upwave is in place for US equities today(Monday) . ES June possible to take out 1300 --
Oil longs looking good
Holding ES longs.
Oil longs looking good
Holding ES longs.
Price is pushing here, as expected, folks.
I am awaiting 1300 to be taking out in the ES june----however, this is a great opp for day traders to go SHORT @ 1294 for a quick pull back of 1 plus points-----be nimble and cautious.
staying LONG ES and QM
surf
I am awaiting 1300 to be taking out in the ES june----however, this is a great opp for day traders to go SHORT @ 1294 for a quick pull back of 1 plus points-----be nimble and cautious.
staying LONG ES and QM
surf
How well and truly fascinating. Price predictions from the guy who believes markets are random and efficient, and that trends do not exist.
http://www.elitetrader.com/vb/showthread.php?s=&postid=3113386&highlight=market+random#post3113386
Hmmmm, perhaps you could explain the contradiction in my posts. I don't see it.
<b>trends can exist in an efficient market.</b>
Take a look at a psuedo random number generated chart-- google it, if you dont' understand--- you will see "trends" and all kinds of TA patterns, et al .
Of course, after entry in directional trading, the chosen direction needs to continue for profit--- however, knowing the past direction is irrelevant-- which is the commonly mistaken use of the word trend in trading. In other words, trend is irrelevant ( no edge) prior to directional entry.
surf
Yes, trends can exist in random markets. The market isn't normally distributed. How does the market achieve non-normality? By trending and jumping