Surf's Special Situation Journal

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

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  1. thanks. you mean short @ 13054 and a 272 point stop loss?? WTF?

    Ya technicians speak in nostrodamus riddles that can be reinterpreted at anytime. pretty clever!
     
    #1691     Dec 21, 2012
  2. cornix

    cornix

    No riddles, all absolutely clear. Strange that you found riddle even in such a short analysis. Are you biased? :D

    That's hypothetical intermediate-term trade, so 272 point stop-loss, yes. Your long has 1000 point stop-loss, correct? :)
     
    #1692     Dec 21, 2012

  3. Thank you for pointing out this typo, Cornix. Stops at 12998! not 12098
     
    #1693     Dec 21, 2012
  4. #1694     Dec 21, 2012
  5. cornix

    cornix

    Ah it was a typo... alright, no problem... Personally I usually use 6-8 tick stops max in YM/NQ, but that's day trading.
     
    #1695     Dec 21, 2012
  6. cornix

    cornix

    #1696     Dec 21, 2012
  7. cornix

    cornix

    Ah you made me recall... I indeed made 15% in October when showed every trade publicly, including you. :D
     
    #1697     Dec 21, 2012
  8. The inevitable bounce higher has started, holding longs here.

    surf
     
    #1698     Dec 21, 2012
  9. Before the fact calls are the only thing surf report readers care about. actionable ideas, not chest pounding hubris. surf
     
    #1699     Dec 21, 2012
  10. I take it the TA traders are short now with 275 plus point stops on the upside??

    The TA traders went short right before surf's price drivers indicated massive buying volume arriving in the market-- TA traders are always late and a dollar short.

    Chart for illustration purposes only

    [​IMG]
     
    #1700     Dec 21, 2012
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