The Surf Report

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The DJIA futures stayed within the channel, flat entering tomorrow.

holding shorts in eur/usd.


still projecting a whopper of a day tomorrow---- indications are down, but will stick to the system and not jump the gun on entry.

happy june 1:D , be ready gentlemen and lady........

surf
 
the channel appears to be perfectly set as the fraudulent spike up was repelled back down by the upper figure. remaining flat here untill channel snaps--expecting big down today---but will trade channel.

holding eur.usd short as it drops rapidly off the figures this morning. looking good for the USD.

regards, surf
 
Quote from marketsurfer:

the channel appears to be perfectly set as the fraudulent spike up was repelled back down by the upper figure. remaining flat here untill channel snaps--expecting big down today---but will trade channel.

holding eur.usd short as it drops rapidly off the figures this morning. looking good for the USD.

regards, surf

Not gonna happen so long as the market holds the line ... but at least you're not shorting into uptrends anymore.

JJ
 

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Thanks, atticus.

we were obviously wrong about the sell off today. however, the system kept us flat and we are staying flat untill the channel is broken.

maintaining shorts in eur/usd, looking at eur/gbp per atticus.

regards,
surf
 
Quote from marketsurfer:

Thanks, atticus.

we were obviously wrong about the sell off today. however, the system kept us flat and we are staying flat untill the channel is broken.

maintaining shorts in eur/usd, looking at eur/gbp per atticus.

regards,
surf

agreed with atticus... since I posted last to take some profits the most you have ever seen on the downside is 25 pips and that just came from a major news report today... This market has been basing for a long time in this major support zone.. I suggest taking some more off if todays high is broken on monday. That is where I will be adding to my long...
 
Quote from marketsurfer:

SURF ALERT:

Taking profits here in EUR/USD @ 1.3448 and reversing LONG @ 1.3450. expecting retrace back to the 1.3607 range.

regards,
surf

Nice trade :)
 
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