The Surf Report

[JSSPMK]

Quote from marketsurfer:

sure, i have no issue with your suggestions, other than the TA providing correct timing other than in hindsight. one can hedge, its not the way i choose to trade.

best,

surf

Did you just say TA is only worthy of paying attention to in hindsight?

In that case I have a Surf-free system that is a no brainer.

1. Buy or sell YM when MACD histogram crosses the centreline on the daily chart;

2. You will have DDs, but that's OK since you will be using position sizing accordingly;

3. Take profit near 400-500 points gain.

4. Reverse position whenever Histogram closes above/below centreline in the opposite direction of initisl signal;

5. No hard stops providing signal still there (ie histogram remains either above or below its centreline).

So here we have a system that does not rely on Surfer's knowledge at all and is 100% TA based.

Next signal will be a buy signal when YM's daily histogram crosses above its centreline

 

[marketsurfer]

Continuing to hold shorts in YM into monday morning, and looking for potential entry into oil.

hung out with Rev Al, ate some good food, smoked the good smoke on top of 666, quantified with the raven haired quant, and ended the night with fireworks......despite the precious show being cancelled due to venue issues-- great weekend..does it get any better!?

 

[marketsurfer]

Quote from JSSPMK:

Did you just say TA is only worthy of paying attention to in hindsight?

In that case I have a Surf-free system that is a no brainer.

1. Buy or sell YM when MACD histogram crosses the centreline on the daily chart;

2. You will have DDs, but that's OK since you will be using position sizing accordingly;

3. Take profit near 400-500 points gain.

4. Reverse position whenever Histogram closes above/below centreline in the opposite direction of initisl signal;

5. No hard stops providing signal still there (ie histogram remains either above or below its centreline).

So here we have a system that does not rely on Surfer's knowledge at all and is 100% TA based.

Next signal will be a buy signal when YM's daily histogram crosses above its centreline

what's the results of testing this system?

surf

 

[JSSPMK]

Quote from marketsurfer:

what's the results of testing this system?

surf

we'll get them as we go along

 

[Robert Weinstein]

Quote from marketsurfer:

Continuing to hold shorts in YM into monday morning, and looking for potential entry into oil.

hung out with Rev Al, ate some good food, smoked the good smoke on top of 666, quantified with the raven haired quant, and ended the night with fireworks......despite the precious show being cancelled due to venue issues-- great weekend..does it get any better!?

Sounds like a good time in an enjoyable place. Took a look at the website review and it surely appears to be a place I could find myself going to way to often if I lived near one.

I made a few bucks trading CROX today. Can you believe (I am sure YOU can) how that bitch fell from the sky???

 

[marketsurfer]

Quote from 1Reason:

Sounds like a good time in an enjoyable place. Took a look at the website review and it surely appears to be a place I could find myself going to way to often if I lived near one.

I made a few bucks trading CROX today. Can you believe (I am sure YOU can) how that bitch fell from the sky???

nice trading.

yeah...send me an note if your ever in town...we ll smoke a few and chat markets.

yes I can believe it. it really kills me that I was early and got shook out. this stock is a dog with fleas just a matter of time. good luck with it.

staying short YM here.

surf

 

[marketsurfer]

continuing to hold short. expecting additional downside in DJIA.


surf

 

[Wittgenstein]

Quote from marketsurfer:

continuing to hold short. expecting additional downside in DJIA.


surf

Well done, surf.

 

[sportsguy]

still holding my CROX March puts

got at least a double, and holding for more

great call surf. . . i wish i had the time to have bought more around CROX 70, option around $1

sportsguy

 

[marketsurfer]

Quote from sportsguy:

still holding my CROX March puts

got at least a double, and holding for more

great call surf. . . i wish i had the time to have bought more around CROX 70, option around $1

sportsguy

excellent, sportsguy!!!!

i can only wish, at this point, that i had the wherewithal to withstand the CROX heat and continued to hold.

fantastic trading.

surfer