The Surf Report

Status
Not open for further replies.
... and here's a chart that went 300 pts in your favor before signaling a change in trend drift :)

A two day hold was required for this one.

So even if you closed out the previous trade (I wouldn't until I got a signal telling me to reverse though) you still have a 1:3 / Risk:Reward in the financials ... not bad at all.

Good trading,

JJ
 

Attachments

Quote from JimmyJam:

The settings are for a position trader, and while you may take a trade intra-day, quite often a move will continue for a substantial amount of time (particularly in the currencies and bonds, less so in the futures).
More...
Here's an insane move in the Swiss Franc, giving it the most conservative entry (latest entry possible) and worst exit (bottom tick of the change in trend drift) you still have over 0.0250 pts of profit in the trade.

Seeing as how we have 0.0001=$12.50 value in the SF, that's the equivalent of about $3,125 per contract traded.

Good trading,

JJ
 

Attachments

Are you a lawyer?

Quote from annaland:

Actually, that is NOT the case and your possible hopes of turning surf’s cheese into a nondairy substance, should be voided on mystical basis. Had I stated “Only you could make these baloney posts and get them ET-trademarked”, I would surrender to your insightful reading of the words that roll off my fingers tips. However, I distinctly and deliberately included “living off the high of annaland, a world of ecstasy”, which, although to you the finger-words may not add any significance, changes the gist and interpretations of the original content. :)
More...
 
Quote from marketsurfer:

...its you who are confused.... boneheads who buy the top tick--- yeah hindsight is 20/20 --one only knows its top tick after the fact, why would you call these people boneheads??
More...
Not necessarily hindsight. For someone to buy the "top tick," he would have had to buy on breakout. Buying on breakouts is caution-to-the-wind trading by my delicate sensibilities. It's an in-your-face style of trading that tends to get slapped hard in the face compared to other trend trading approaches. And, oh-so-coincidentally, it is how you choose to characterize trend trading. How surprising.
 
Quote from annaland:

Actually, that is NOT the case and your possible hopes of turning surf’s cheese into a nondairy substance, should be voided on mystical basis. Had I stated “Only you could make these baloney posts and get them ET-trademarked”, I would surrender to your insightful reading of the words that roll off my fingers tips. However, I distinctly and deliberately included “living off the high of annaland, a world of ecstasy”, which, although to you the finger-words may not add any significance, changes the gist and interpretations of the original content. :)
More...
Whatever. Just so long as we both recognize the baloney content in surf's posts, quite apart from our otherwise divergent views of this fine fellow. Clearly you are intoxicated with this hooch that goes by the brand name of marketsurfer. Just try not to go blind.:p
 
Quote from Thunderdog:

Whatever. Just so long as we both recognize the baloney content in surf's posts, quite apart from our otherwise divergent views of this fine fellow. Clearly you are intoxicated with this hooch that goes by the brand name of marketsurfer. Just try not to go blind.:p
More...



why are you not providing specifics of alleged contradictions? unfortunately, it seems, you prefer to throw stones from relative anonymity without being direct so that it can be addressed.

you're a fine fellow yourself, mr. dog. no need to be so angry!

surf:D
 
Quote from JimmyJam:

Not true.

Here is a chart which utilizes the Trend Drift concept. The settings are for a position trader, and while you may take a trade intra-day, quite often a move will continue for a substantial amount of time (particularly in the currencies and bonds, less so in the futures).

While the chart nailed these two entries, the system actually will only win 3 out 4 / 4 out 5 ... :D.

Losses are flexible, as your stop may not be hit before you are required to change/close your current position, however the maximum loss is for approximately 1/4 times your maximum win ... :D :D (if that much, because it is designed to keep you in the trade for the duration of its run, and as we have seen, some of these currencies and energies can run).

However, you don't try to hit every squiqqly line, and you must be sufficiently capitalized to trade in such a fashion (not really a great method for the 3 tick e-mini s&p traders).

Good trading,

JJ

P.S. For anyone actually reading this stuff, I edited the win percentage, LOL. It wins often and well, but you will have to take the occasional hit, and it's going to be more than 2pts ES or equivalent.
More...
JJ,

Forgive me, but I'm not sure I understand your disagreement with me. All I see is nice trending price action on a colorful chart suitable for framing.
 
Status
Not open for further replies.
Back
Top