The Surf Report--part 2

Thanks.


Excellent! I like Mick's song with Lenny Kravitz.


So you are working in A/R now? very cool!

surf

 

Thanks, so far, so good....

surf

 

SURF ALERT---- Long Signals strength fading--- taking profits

Out and Flat @ 1209.25

I am done for the weekend, have a great one!

surf

 

So much for conviction ....thought you had the stones to ride the "big one" & take the whole enchiliada?

This is where the need to be right overwhelmed the perseverance it takes to be truly successful at this game.

Great Call...poor trade management.

 

SP states downgrade calculations for US. Off by trillions

Story developing.

 

Very possible. Could also be pressure from higher ups

 

Events are one price driver, although they are somewhat indeterminate regarding market reaction. They are a very small part of the system. We look at the things that drive price in total-- not price itself since price is the past no matter how its analysed.

Once the underlying bias and decision to buy/sell is made, then price is reviewed to find the optimal entry-- since there is nothing else to fine tune the entry point.

So, I guess, in some stretch I do use TA after the actual trade direction and price range has been determined by analyzing the price drivers.

 

Yes, captured a lot of the up move then bailed prior to the fat selloff. The price driver system "knew" prior to the NFP being released.

 

Tell that to CNBC who leaked the story....

 

SURF ALERT


ES longs fired@ 1173.25

Long 30 contracts @ 1173.25


This is a full on, no holds barred buy signal so we are in with100% size

Best,

Surf