Surf's Special Situation Journal

Discussion in 'Journals' started by marketsurfer, Aug 4, 2012.

Thread Status:
Not open for further replies.
  1. --- look at my chart to illustrate price as I get it here-------- surf
     
    #1261     Oct 25, 2012
  2. It's hard to tell anything from your chart. Your squiggly TA indicators are distracting. :D
     
    #1262     Oct 25, 2012
  3. LOL! I think thats the default chart on TOS--- I don't even know how to draw a line on the chart-- imagine a line across the 609 level--- those are 5 minute candles, not one stayed sub the line for the entire 5 minute time block-- if it did, entry would have triggered then been stopped out almost immediately. i try 3 times at the level prior to changing it or giving up. surf

    ps-- MAY GET another shot at it here...
     
    #1263     Oct 25, 2012
  4. predictive TA says flat market
     
    #1264     Oct 25, 2012
  5. Ok. we will see what happens! thanks... Interestingly, my 609 number does look like some kind of pivot point here-- does it become resistance or stay support??

    surf
     
    #1265     Oct 25, 2012
  6. I'm not understand you, Surfdaddy. Are you trading off 5 min bars? I thought you didn't use charts?? Clearly the stock DID spend over 5 minutes below 609 as the 1m bars show. That period may have overlapped two consecutive 5m bars which is why your chart doesn't show a single 5m bar completely below 609, but unless you're trading off 5m bar completions, why would that matter?

    Something isn't right here. You are denying your use of charts or TA or both. Come out of the closet, dude.
     
    #1266     Oct 25, 2012
  7. :D :D

    its 5 minute block of time completions--- so i guess its also a full 5 minute candle--- the trade did not trigger--- we are flat here
     
    #1267     Oct 25, 2012
  8. 609.5 is a pivot point.

    Software prediction is down into close and then up but don't expect much for what she gives she takes back tomorrow.

    The red band is where the big money players are parked.

    Personally I'd never trade a prediction that I haven't done with my own TA and I have spent zero time on AAPL, but I thought I'd compare my squiggly line with yours and let the bots MMA it :D

    I forgot to click the buy and sell arrows for tomorrow.
     
    #1268     Oct 25, 2012
  9. So you admit to using charts and to candleshticks. You have been outted.
     
    #1269     Oct 25, 2012
  10. Surf, I'm guessing your price driver prediction software works on a similar basis to mine and the problem is that the direction predicted can actually be an inversion, hence you got your call times right but in the wrong direction. The conversation you mentioned was where you discovered a simple safeguard with a channel to give you a break point and so confirm if the expected move or the inversion is the correct direction.
     
    #1270     Oct 25, 2012
Thread Status:
Not open for further replies.