Sorry, I not supposed too be posting here. I guess? But it can get boring waiting for the 1000 point plunge. In the meantime so many opportunities present themselves to make money. Maybe one day I will start a journal. Good luck surf. See you guys later. May pop in once in a while.
Then are you and all the others jacking too? I see others posting stuff. Including you. Stuff that has nothing to do with surf or most just trolling him. At least i do take up for him ....sometimes. Most of you just mock him. Or post BS like "long 2387 Pt 2397 SL 2380). Then wait for the pat on the back and the "likes" from the comrades to pour in." That BS does no one any good except the posters ego. There are no secrets in the markets. Just ignorance. At least i explain my trades and give a rationale behind them. And surf has the audacity to forecast WAY INTO the future. At least he puts himself on the line and has to endure derision. I sincerely hopes he gets his thousand point plunge and then he can laugh all the way to the bank and his detracters will be long gone and silenced. BTW It is a bull market still at this moment but that can change.
For the sake of explanation I make this final post related to the expanding triangle pattern or megaphone. Why do I grab my 6 or 7 points on the first leg down? Why not hold through the PB and stay in? Why should I? The PB reached nearly back up to my entry. My argument is simply this. Best to simply lock in my profits then wait for the PB to finish then short again on a signal for the second leg. That way I lock in my profits avoid a SL or BE if the PB happens to reverse the trend. In addition, and this is very important. On the second leg down I am using my previous profits (at least a portion of them) and compounding my gains during the second leg. Think about it! Finally the second leg give me another good gain of over 10 points. And if I exit on first leg..grab my profits..wait thru PB entry then short on the second leg and I happen to get stopped out on the second leg I am still ok and have a profit on the megaphone pattern simply because I locked in my profits on my first leg.
I think right at this point in time we are at crossroads. Cannot ascertain up nor down. Just wait, another several hours might do it or maybe a day. The move I'm anticipating should be conclusive / dramatic.
I had you on ignore before volpri because of too much chatter, ie your posts too long winded and hijacking of threads. However have lifted it off because your technical trade theory to me makes sense, that is you seem to have experience, PS: liked the comment "There are no secrets in the markets. Just ignorance"
Out of curiosity, I wonder if I may ask about all your trades/stats. Don't get me wrong, I like the charts you post and your methodology, but in the fast few examples, they have all been winners except for 1 small NQ loss for 2pts I think. So my question is if what you showed over the past few days are all the trades you have taken? Presented like this, your win rate looks incredibly high and you're always getting into the right move at the right time. In the past, I've seen examples like this as well, but upon closer inspection, what is actually going on is more entries and more losing trades. Nothing wrong with losing trades of course, and a trader can still be very profitable, but its a whole different story if you do in fact take more trades than you show but only show us the ones that are working. I hope you don't take any offense to my question.
As an investor/trader, i understand the trouble with "guaranteeing" anything. With thst said, in this case, things are different. We have succesfully called the market top within several weeks per the system. Now, the system is guaranteeing the 1000 point drop from our 10 unit entry point. The systematic extraction of long term capital has been uncannily accurate this year -- even the great PTJ / mr.B was over a year off on their market crash call in 1987-- yet he made a handsome sum. No one can time the market exactly, but the system can nail time blocks when change is very likely to occur without the fatally flawed philosophy of pure price action.