The Surf Report

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Quote from atticus:

That is comical. Putting in a serious bottom 10 handles off the recent swing-high? You realize this sh!t is archived for the ages, no?

Just wait and see :D
 

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Quote from JimmyJam:

Just wait and see :D

You're trading that slope to the buy? Good luck with that. I don't see LH/LL as especially bullish. We see what we want to see.
 
Quote from atticus:

You're trading that slope to the buy? Good luck with that. I don't see LH/LL as especially bullish. We see what we want to see.

That was the last good intra-day Short you're gonna get, I hope you took it.

When trading counter-trend, with all of the indicators pointing in the opposite direction, it's all in the divergence Risk, come'on now, you know that.

JJ

P.S. ... and stop using all of those technical analysis statements to bolster your arguement on Surf's thread, I'm sure he doesn't appreaciate it. :p
 
Quote from JimmyJam:

That was the last good intra-day Short you're gonna get, I hope you took it.

When trading counter-trend, with all of the indicators pointing in the opposite direction, it's all in the divergence Risk, come'on now, you know that.

JJ

I have $300k riding on it, so yeah, you can say I took it. GL, but all I see is a take-out of the 3-day low. With these vols, who knows, but I wouldn't be buying until we test 1506 cash.

It's my bot talking. I am programmed to listen and obey.
 
There were three really Juicy Shorts in today's action for the trend followers. IMHO, after about 10 - 12 handles of profit, the Bears gonna lock it in and go have steak and shrimp for an early dinner.

JJ
 

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Quote from JimmyJam:

LMAO, the market is putting in a serious bottom surf, you're gonna have to eat all those profits ... again.

JJ

Well, my overall directional call was dead wrong for today. And though I caught some small Longs, I gave back my profits trying to catch the divergence reversal. But this ...

Quote from atticus:

It's my bot talking. I am programmed to listen and obey.

... is right on the money.

Good trading all,

Jimmy Jam
 
rode a very nice downwave today as expected. made the several days of choppy seas well worth riding. projecting a potentially epic penetrating descent within 90 days--- locked and loaded to capture if this is its start. holding YM shorts into thursday.

best,

surf
 
Quote from atticus:

I have $300k riding on it, so yeah, you can say I took it. GL, but all I see is a take-out of the 3-day low. With these vols, who knows, but I wouldn't be buying until we test 1506 cash.

It's my bot talking. I am programmed to listen and obey.


whats your time frame on the trade?

surf
 
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