The Surf Report

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Quote from marketsurfer:

thanks, peter. yeah, we FINALLY nailed a very nice down wave in the DJIA. it is uncanny the way the old upper neo gann line @ 10523 broke, the index rallied back, touched the line and just dropped back into the uncharted time/ price abyss. we are holding shorts here. see attached trading chart illustrating same.

best,

surfer :D
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nice work. your persistence paid off nicely.
 
the system nailed a very very nice downwave after being in choppy seas for a bit. it's about time.... i am psyched !! holding shorts here with trailing stops . for those of your following along---- VICTORY !!!

best,

surfer :) :)
 
moves like this are exactly what the system is designed to catch. makes the dues paying in the chop worth every minute.. staying short here with wide trailing stops.

enjoy !

surfer:)
 
Quote from marketsurfer:

as you know, the system is short from the breakage of the lower channel this morning. we caught another nice wave down and are following with wide profitable trailing stops. i am presently in the learning stages of a new trading method, hence the sporadic journal. when i nail down the new program, the indepth reporting will continue.


see the attached chart. note the yellow previous upper gann channel line acting as support @10523 if this breaks we are expecting another nice drop. staying short in the here and now.

surfer
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here is our chart showing the yellow gann line. had to compress it for full effect.
 

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