The Surf Report

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SURF ALERT

channel has formed in YM!

ok, trading this channel now. 13440 ---13397. long if upper broke, short if lower breaks. remember 3 minute break rule.

surf
 
Quote from marketsurfer:

caught a nice upwave--- kept 20 points and am now back long from 13460. surf
And did you then "keep" another 20 points whereupon you went short?:p

I find it unusual that you would doggedly hold positions for lengthy periods when they go against you, whereas you quickly exited your long after only 20 points. What gives?

In any event, what are your intentions with your present long @ 13460?

EDIT: Wow! You already exited your second long before I even posted this message!
 
Quote from Thunderdog:

And did you then "keep" another 20 points whereupon you went short?:p

I find it unusual that you would doggedly hold positions for lengthy periods when they go against you, whereas you quickly exited your long after only 20 points. What gives?

In any event, what are your intentions with your present long @ 13460?

EDIT: Wow! You already exited your second long before I even posted this message!
you can hold paper money a lot longer than greenbacks.
 
Quote from Thunderdog:

And did you then "keep" another 20 points whereupon you went short?:p

I find it unusual that you would doggedly hold positions for lengthy periods when they go against you, whereas you quickly exited your long after only 20 points. What gives?

In any event, what are your intentions with your present long @ 13460?

EDIT: Wow! You already exited your second long before I even posted this message!

this is speculative daytrading off the speech. totally different than my other trading. it was 20 points after being up substantially more--took profits on the way back down.

holding longs from 13454 entered after channel break.

thanks

surf
 
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