The Surf Report

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Quote from 1Reason:

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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thanks . yes, i agree with you--- another "katrina" or worse situation will surely be the top, if not before.

regards,

surf
 
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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Failed 13778, Out 13678. Waiting for re-entry, +106.
 
added once more to the YM short today @ 13712 bringing the average entry price to 13664. expecting smack down smack down thursday--monday. will enter one more time @ 13755 if opportunity presents itself.


what a rocket ride from profits into adverse territory today!



regards,

surf



2le57jr.png
 
Quote from Pekelo:

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...
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Very possibly today was that downday when you should have got out of your shorts with a decent gain.

If you check my journal, since Monday I have only been taking longs...
 
MS,


15 minute chart mixed with a 1 or 3 minute for the entry signal will give you some incredible "dual confirmation" position trade entries for whatever you trade..YM, CL, etc.
 
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