Surf's Special Situation Journal

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

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  1. I concur. nice meeting you also and I hope I am wrong regarding TA price action chart reading being a consistent money making method---- 20 years of hard core observation, study , hands on practice and close friendships with the top folks in the business led me to my beliefs--- but clearly, that does not mean I am correct in all cases.

    surf
     
    #1951     Jan 4, 2013
  2. He must not understand the CLT. He did say he's usually the dumbest guy in the room (his words, not mine) :D

     
    #1952     Jan 4, 2013
  3. Holding YM long over weekend with 360 plus points of PD profit--


    Adding SBY and TWO as plays on real estate recovery.
    SBY @ 19.65

    TWO @ 11.70


    Have a nice weekend!

    surf


    [​IMG]
     
    #1953     Jan 4, 2013
  4. Beautiful house. Where is that?
     
    #1954     Jan 4, 2013
  5. Thanks, unfortunately it's not my house. It's a condo buildings but beautiful none the less. You should see the view. I think there are a few photos of the view on surf report. . Mt tremblant-- here for the weekend. surf
     
    #1955     Jan 4, 2013
  6. Surfers,

    we are taking profits here at 13324. Price Drivers indicate things will likely get confused this week hence flattening the position.

    However, the magic number for reentering is 13383--- if this line in the sand breaks on the upside, by the channel system parameters, longs will be reentered.

    Awaiting Price Driver signal.

    surf


    [​IMG]
     
    #1956     Jan 7, 2013
  7. How is a channel system, that uses price bars NOT TA?? :confused:

     
    #1957     Jan 7, 2013
  8. How many times do I have to explain? the posted charts are for illustration only-- that's what charts are for. the bias and execution have nothing to do with charts or TA.

    Looks like the Price Drivers got us out just in time this morning....

    surf
     
    #1958     Jan 7, 2013
  9. great trade surf.

    is there a "surfer" group anywhere online to follow u?

    tia
     
    #1959     Jan 7, 2013
  10. thanks! no group, i just post here.

    surf
     
    #1960     Jan 7, 2013
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