we reached max adverse excursion on the system trades today. closed all longs. will continue to trade from existing gann channel. best, surfer
Probably after a decent swing run , I am going to lock in some profits on a high volitility day also. Hi Surf, Hunter-family. ====================== A 20 minute [not scary] + delayed comment follows.Gold index[$xau] found support at 50 day ma. Bought long dividend paying gold stock in trading account yesterday.
it appears that the dow will gap down big time sub channel. we will invoke the 12 minute gap rule before we short this morning. mark the low of the first 12 minutes and that is the go short point should it be violated. if the market bounces from the gap, the lower channel figure on the dow will be our GO LONG trigger. whatever happens, today should be volatile and a blast ! thanks murray turtle for the words. let's go do what happens, surfer
as you know, the 12 minute rule was violated in the djia and we are currently short. the nasdaq's channel was broken naturally and we are short the nasdaq, also. holding shorts here over the weekend. best, surfer
we are surf'n in the curl now ! riding this down wave per system guidelines on the short boards. INTENSE. will hold overnight unless wiped by trailing stops . gnarly ! surfer :