The Surf Report

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Posted on the 22nd:

Quote from Pekelo:

There is a good chance that we topped today. Doubletop is in place, ready to go down. RSI nicely overbought...
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Prediction: fullfiled...

Also I did mention I had a weak sell signal. Being long of the DJIA was a mistake. Are you still in position???
 
nice call, pekelo!

closed DJIA longs as they plumeted back into the death channel.

closing EUR/USD longs @ 1.1923 now!

flat across board.


the DJIA channel needs to be recalculated. stay tuned.....


surfer:)
 
today was brutal--worst day of the year.

i am holding a long dollar position with substantial relative size and am experiencing a healthy drawdown. the analysis conducted has proven itself wrong--- the position will be liquidated per the poison pill guidelines with just a little more adverse excursion to maintain critical capital levels.

the adverse move appears to be over, good news. holding at this time.


see you later,

surfer

:(
 
Surf, you are one of the few honest guys here, I admire that. There was no reason to post that bad trade, you did it anyway. Hats off...

On a lighter note, do you happen to have a bike?? I mean motorcycle...
 
well, we took a big hit in the eur/usd pair due to faulty analysis.

gave back 7 days of profits plus.

entered small short @ 1.2085


regrouping here, setting strategy. see you soon.


surfer
 
Quote from Pekelo:

Surf, you are one of the few honest guys here, I admire that. There was no reason to post that bad trade, you did it anyway. Hats off...

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well...he posted it in da chat; no much chances of hidin' anywhere.
 
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