The Surf Report

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Quote from TradEStar:

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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can you expound?...when considering the YM...what would be your set-up...please explain...thanks!!!!
 
Quote from increasenow:

can you expound?...when considering the YM...what would be your set-up...please explain...thanks!!!!
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I was just stating that using two time frames can enhance an entry point for a position trade..I was listing the chart time frames I use for such a tasking, thats all.
 
Quote from marketsurfer:

our final entry into this short term top probing trade was made @ 13755--- average entry is 13687 YM. holding here.

surf
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the price action hasn't confirmed yet, but so far the trade looks good.

jj
 
Congrats JJ, you just managed to write the stupidest sentence on ET:

Quote from JimmyJam:

the price action hasn't confirmed yet, but so far the trade looks good.
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Yeah, the trade is at -70 but sure looks good! :eek:

Surf, you forgot to read the SEC's warning:

Trading against Pekelo's predictions can be hazardous to your broker account's health!
 
Quote from TradEStar:

I was just stating that using two time frames can enhance an entry point for a position trade..I was listing the chart time frames I use for such a tasking, thats all.
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Two time frames only makes you more confused...:(
 
Quote from Pekelo:

Congrats JJ, you just managed to write the stupidest sentence on ET:



Yeah, the trade is at -70 but sure looks good! :eek:

Surf, you forgot to read the SEC's warning:

Trading against Pekelo's predictions can be hazardous to your broker account's health!
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That's funny Pekelo, I don't remember insulting you, point-in-fact I've supported you while you went around ranting about your great paper trades on everyone else's thread, because nobody wants to read that boring POS you put out.

I'd rather spend my day trading rather than getting into a word-fight with the resident top paper trader on the board.

But so long as price holds below the its 200 SMA, the trade looks good.

Good trading Surf,

JJ
 

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Quote from JimmyJam:

Here's what I'm thinking (and here's how it's looking).

We'll see. :)

Good trading,

JJ
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Soooo, the trade has gone 80 pts in your favor Surf, I've been scalping the downside like a madman, and price action may be bottoming for today.

You can hold'em or you can close'em. Me, I like to book the profits and move on to the next trade whenever possible.
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Since you posted your asinine insult on Surf's thread, Pekelo, if you were a man I would be expecting your apology on it as well.

But I'll understand if you can't do that, you're probably busy doing some more analysis on the the market :p, while waiting for your Mom to fix you some lunch.

Good trading to all,

Jimmy Jam
 

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