The Surf Report

[4_Q]

Quote from marketsurfer:

we have also entered SHORT EUR/USD @ 1.3020. long USD here.
surf

FYI Surf. You win if the ticker falls in price.

 

[illiquid]

Quote from marketsurfer:

we have also entered SHORT EUR/USD @ 1.3020. long USD here.

Don't you have to wonder where were you 3 days ago on this trade? Profits if any will be harder to keep on this one.

 

[marketsurfer]

Quote from illiquid:

Don't you have to wonder where were you 3 days ago on this trade? Profits if any will be harder to keep on this one.

agree. took loss @1.3038, and reversed long @1.3041--stops @ 1.3014

are you expecting a retrace back to the 1.3100 range or higher--appears likely to me at this point.

thanks

surf

 

[illiquid]

No clue really, expecting a choppy week if anything.

 

[marketsurfer]

got whipsawed and humbled by the indomitable eur/usd pair--- sustaining losses.

holding OIL long.

best wishes, surf

 

[Spooz Top]

53 + change.........do you have a stop on this Surf?

55 was big......

 

[marketsurfer]

Quote from Spooz Top:

53 + change.........do you have a stop on this Surf?

55 was big......

yeah stopped out at 1.3014 . see original post above.

surf

 

[Spooz Top]

Quote from marketsurfer:

yeah stopped out at 1.3014 . see original post above.

surf

actually meant the crude trade......long 57.12?

 

[marketsurfer]

Quote from Spooz Top:

actually meant the crude trade......long 57.12?

yes, i am holding. stops @ 49 even. a bit early, still confident.

surf

 

[Bitstream]

Quote from marketsurfer:

yes, i am holding. stops @ 49 even. a bit early, still confident.

surf

bears tried to take control over the oils some time ago, but they seized it completely once it broke 55. i think it would be wise to exit now or at the next bounce, then re-exam, revalue and eventually re-enter. i cant see any reason to long the oils right now and that's cuz there aint none.

if it bounces it will a dead cat bounce imo; i cant see the reasoning behind this trade.