The Surf Report

Discussion in 'Journals' started by marketsurfer, Apr 25, 2002.

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  1. yes, i closed my eur/usd short at the announcement today for profits. yeah, it is very similar to the glory days.

    best,

    surf
     
    #3471     Jun 29, 2006
  2. The move took everybody by surprise, including, SBC, PFG, and us. Since our charting runs off of the currenex feed, we can preset our entries outside the "noise", and like a patient Viper wait for the trade to come to us.

    It is amazing seeing the difference between the charts using the currenex feed compared to the composite feed, the composite feed has all of the noise from fxcm etc. But the currenex is relatively noise free. We were anticipating a Fed dove move in the EUR, but not of this magnitude.

    Talk to you later

    Viper
     
    #3472     Jun 29, 2006

  3. yeah, i bet. i run a composite of 5 dealers and am able to estimate volume based on frequency. would like to take a look at the currenex direct feed. thanks for the info!

    surf
     
    #3473     Jun 29, 2006

  4. thanks, ecas. nice to see you here. sorry the jokers keep you away from this great site!

    surf
     
    #3474     Jun 29, 2006
  5. Exodus

    Exodus

    surf,

    Great trade bro !

    I closed my spread out for a .40 loss but it was no biggie ;-)
     
    #3475     Jun 29, 2006

  6. thanks, exodus!


    best,

    surfer
     
    #3476     Jun 29, 2006
  7. SURF ALERT:



    SHORT OIL ---- 73.50


    the programs indicate that this is a good price to start shorting oil. the strategy is to enter 2 additional times if needed, expecting sub 70. this is a speculative position based on some esoteric cycle work combined with a" rumour". keeping position small for now.


    the DJIA longs are continuing to perform nicely. holding here.


    happy 4th of july !

    surf
    :D
     
    #3477     Jun 30, 2006
  8. the market is being held-up while there's an awful lot of sell'in going on here - take a look at the internals, might be time to start prun'in the tree soon.

    happy 4th yourself :D - go partay and spend some a that monay!

    later,

    jj
     
    #3478     Jun 30, 2006
  9. As a short term trade...it looks fine to me. However looking at the daily, looks like you might be early again. BTW, nice trade on the YM, are you still holding?
     
    #3479     Jun 30, 2006
  10. thanks, jj and mike. yeah, i am still holding both postions and plan on it into next week baring any shocks.... i will let the YM's fluctuate a little before i sell.

    surf
     
    #3480     Jun 30, 2006
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