The Surf Report

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Quote from marketsurfer:

SHORT aud/usd here @ .8832---

SHORT YM 13606


regards,

surf
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Careful.
See chart.
I triggered a long about 2 hours after your short at 13572. Initial subjective stop - 13528, objective stop - 13412.
Targets to the upside; 13778, 13984, 14078, 14085, 14205 & 14267. If an oscillation is created that doesn't sequentially breach each of those targets . . . I exit.
 

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Quote from ProfLogic:

Careful.
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I agree. Downmove is done. If we get one more day down, you should get out of the shorts and switch to the long side....

But you might not be that lucky to get that down day...
 
Quote from ProfLogic:

Careful.
See chart.
I triggered a long about 2 hours after your short at 13572. Initial subjective stop - 13528, objective stop - 13412.
Targets to the upside; 13778, 13984, 14078, 14085, 14205 & 14267. If an oscillation is created that doesn't sequentially breach each of those targets . . . I exit.
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thank you, Plogic. what's your strategy on oil and AUD/USD here?

surf
 
Quote from annaland:

What would you call it? It's definitely not the stick-iest of all the sticks, but it sure is more hick than not. Here’s a dreamy view from the parking lot…
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there were 4 bail bond operations in a row. i bet that's where the security force came from earlier in the day!

surf:D
 
Quote from marketsurfer:

thank you, Plogic. what's your strategy on oil and AUD/USD here?

surf
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I don't watch the pairs so I can't comment on the AUD/ISD pair but as far as the eMini Crude, I'm long from the end of Aug. with a 78.275 objective stop base on the chart I posted. This crude chart IS creating a short term top here and how it will play out is still up in the air. I'm showing that this chart is about to create an oscillation where I will move my stop to. Past that I can't tell. I can't see into the future, I can only tell you what is happening right now.
 

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Quote from marketsurfer:

SHORT aud/usd here @ .8832---

SHORT YM 13606


regards,

surf
More...

Nice to see the surf report back in business!!

I am still looking to short crude but waiting for that day of panic where it spikes and the news reports "How far can this go as no end is in sight"

Best of luck on the forex trade
 
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