the surf report--part 2

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ok, the euro is exploding right now against the dollar. watching closely for short entry very soon.

the DIA is dropping quickly in the premarket. holding system DJIA shorts here.

best,

surfer
 
Quote from marketsurfer:

ok, the euro is exploding right now against the dollar. watching closely for short entry very soon.

the DIA is dropping quickly in the premarket. holding system DJIA shorts here.

best,

surfer
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Exploding? 60 pip range overnight and we're trading +18 pips at your entry.
 
Quote from riskarb:

Exploding? 60 pip range overnight and we're trading +18 pips at your entry.
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45 pips in 70 minutes or faster is exactly what my program looks to fade.( more to it than that, including volume, but you get what i mean) its exploding per my criteria.

:D
 
man, not a good day at the surfer shack. stopped out of both the currency trade and the short DJIA trade. channel remains intact in the dow. flat entering tomorrow.

surfer
 
Quote from Pekelo:

Dave, didn't I tell you we are still going higher?? You know my predicting power... :)
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you did, pekelo. nice call!


the strategy for today is to trade the channel which is now 10513--10423 in the DJIA.

oil is starting to spark my interest again, am determinining strategy for QM as we speak.

best,

surfer
 
We just reached the bottom of my predicted level of 10550-600.

Dave, you might want to use here a tight stop loss...
 
Well, as I said, we are back to your entry point and I hope you did use a tight stop loss so you could have locked in some of those 50 points gains what you had.... :)
 
thanks pekelo.


shorts have just fired in the EUR/USD pair @1.1990. short pair here, long dollar with initial entry size.


as you know, the system fired longs in DJIA yesterday when the upper channel line broke, I am long entering today.

surfer
 
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