she bounced right off.
The Surf Report
- Thread starter marketsurfer
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yes, the system is uncanny, DJIA hit the exact figure, i am PSYCHED!!!! we are staying flat here in the dow, short the nasdaq. came within .03 of being stopped out of tktx short.
i trade the system on breaking out of the channel, however it is apparent that failure at the channel figures may potentially provide excellent opps to enter in opposite direction of move, like today. i am going to back test this concept and see what happens.
have a great weekend !!
surf
Quote from LongShot:
surf, have you ever heard of a "coincidence",
ie the occurrence of "uncanny' events that happen at the same time by accident but seem to have some connection.
as for trading movement off support, gee what an insight!
yes, longshot--however this is "non traditional" support.
surfer
A half way line may work for averaging in.10 million in at 10590 and another 10 million at the break of the upper/lower channel line.
we are short the nasdaq here from channel break 2127. the DJIA is still floundering in the death channel, therefore we are FLAT. purchased WLSA @ 3.24 at close friday. holding long here. holding PDPR long, TKTX short.
surfer
surfer
LONG djia here from channel break @ 10657
stopped out of nasdaq--currently flat
WLSA --doing nicely up .15
TKTX--- flat, took loss
PDPR---holding
best,
surfer
stopped out of nasdaq--currently flat
WLSA --doing nicely up .15
TKTX--- flat, took loss
PDPR---holding
best,
surfer
after hugging the upper channel line for a bit, the DJIA has broken off it on an upward trajectory. we are holding the system longs here. 2153 is go long figure for nasdaq.
surfer
surfer
once the system places you in profits--stops are up to you. i let these breaks run, attempting to catch big big waves at the risk of giving back gains-----however, you can take profits whenever you choose.
best,
surfer
best,
surfer
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