Surf's Special Situation Journal

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

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  1. cornix

    cornix

    Yea, some lucky streaks are amazingly long! :D
     
    #2331     Jan 27, 2013
  2. This is the confusion and beauty of TA and understanding trends is top of the list of what teases the trader. First you have to break the code of how trends turn and evolve in a single time frame and then you will be a step closer to resolving the conflicts in multiple time frames.

    The rules are the same for a sub 1 min trend as for a weekly chart and Donna is correct in what she states. But you are right - "the trend is your friend" is a hard nut to crack so it's more like "the trend is a lying, devious traitor" until you get to think like it does. Then you'll see that it tells you what its current and future intent is. It answers the why, where, when and how.
     
    #2332     Jan 27, 2013
  3. themickey

    themickey

    mmmmmh, yes agreed, and I've noticed in life, those who know the least shout the loudest.

    The Surf journal has not been so much a journal as a pissing match, kind of like what you see in small man syndrome.
     
    #2333     Jan 28, 2013
  4. Look to a much larger timeframe than the timeframe in which your entry signal occurs to determine whether you're trading against the trend or not....So if you're trading a 1-minute chart for entry then determine the direction of prices on say a 30-minute or 60-minute chart to filter your trades

    Determining direction can be as simple as locating whether the starting point of the trend on the higher timeframe occurs in the middle of your higher timeframe chart, beginning of the chart, or end of the chart to assess how old the trend is.....of course if you do it this way then make sure you use the same scaling for all of your charts for consistency
     
    #2334     Jan 28, 2013
  5. Quite simply, buyers and sellers behave in a cyclical manner in all timeframes. This market behaviour is apparent in any chart.

    No need for annotation or MACD.
     
    #2335     Jan 28, 2013
  6. Thank you for your comments regarding trend determination, I was simply stating the ambiguity of phrases and concepts like "Trade with the trend" or "Trend is your friend"; I'm in no need of guidance, was just making an observation because the phrases are overused and abused.
     
    #2336     Jan 28, 2013
  7. Experts do not predict.

    Since prediction is never used, statistics are NOT required either.

    An expert uses market information to have a foundation. The foundation is surmounted by logical building blocks.

    reread the posts I made in the thread named "volume". ther you see the OP has passed the irreversable point point of not being able to build his mind to have it become differentiated.

    Your timeframes have a problem. The timeframes came from your mind. Consider making money using fees and commissions that come from contracts that you and others sign as a mutual agreement.

    Testing to apply potential trading approaches has no value either. So, I do not test. Others who feel like it can test my approaches. They get answers that are not within their belief systems. Too bad for them.
     
    #2337     Jan 28, 2013
  8. cornix

    cornix

    Hey Surf,

    Thanks for mentioning me in your Twitter. I am glad you liked my posts somewhat. :)
     
    #2338     Jan 28, 2013
  9. volente_00

    volente_00

    Still holding HLF surf ?
     
    #2339     Jan 29, 2013
  10. You got it brother. I truly do appreciate your contribution here---

    surf
     
    #2340     Jan 29, 2013
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