The Surf Report

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Quote from Spectre2007:

hey surf, one way to avoid a huge loss is put a time and price constraint risk management.

ie.. if price is not below or above a specific level, I will exit the trade.

ie. if profit hasnt registered by a specific date, I will exit the trade.

price and time stops, are important to not let a trend wipe you out.
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thanks spectre'. makes sense---i do have a time horizon--although wide on the YM trade.

best, surf
 
Quote from apex82:


btw.... the market correction is soon. I agree with you on a large drop I have just been patient since feb 27th and getting ready to pounce sometime this month.
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thanks for the words, apex. no argument here. good luck!

surf
 
holding all positions going into monday.

YM short--- negative

CROX short-- profitable

EUR/USD short--- negative


nothing has changed yet in the analysis.

regards,

surf
 
Quote from marketsurfer:

holding all positions going into monday.

YM short--- negative

CROX short-- profitable

EUR/USD short--- profitable


nothing has changed yet in the analysis.

regards,

surf
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EURUSD at 1.3832... confused as to how you arrive at the result as in your favor, again.
 
Quote from marketsurfer:

i am negative in the trade right now.

surf
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OK, I see you edited it from a + to - result. I don't follow how a trader can make that mistake with any frequency. In any event, I see a rally in EURGBP this week. Very little risk in going long at .6733.
 
Quote from marketsurfer:

holding all positions going into monday.


EUR/USD short--- negative
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This is quite possibly a last move before a brisk retracement, possible 4th lower peak + divergence on a weekly chart
 
Quote from JSSPMK:

This is quite possibly a last move before a brisk retracement, possible 4th lower peak + divergence on a weekly chart
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i agree. thanks! do you have a target for the retracement?

surf
 
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