Diary of a Mad Surfer | Page 32 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Wave Surfer - Trading Journal 32 replies

TEB: Retracement Wave Surfer System 156 replies

please please help going mad 4 replies

Mad Money ... Mad Market? 3 replies

Attachments: Diary of a Mad Surfer
Exit Attachments

Diary of a Mad Surfer

  • #621
  • Aug 26, 2008 2:06am Aug 26, 2008 2:06am
Breakout and retest on cable 1hr. UCAD breaking out on the 4hr. Lets see if EU can close the daily candle below that fib fan.
Just Trade It
  • #622
  • Aug 26, 2008 5:28am Aug 26, 2008 5:28am
Crude Oil sitting on the Daily 200 EMA. Has been hitting and bouncing off the Daily 200 EMA for the past 12 out 14 days. If it breaks (which it should) the next area of minor support is around 109.xx but We should see it down to around 99.xx which is also around 365 EMA. EURO should also follow.

Sorry cant post charts. They are on a different computer.
Humble Lifetime Member
  • #623
  • Aug 26, 2008 6:42am Aug 26, 2008 6:42am
Quoting Big Wave Rider
It sure is 30 pips and GO!

RUN MF'er RUN!!!! I hear 'em behind me.
You ain't getting this shit back MF'er. IT's MINE NOW!!!
  • #624
  • Aug 28, 2008 6:43am Aug 28, 2008 6:43am
  •  MPP
  • Joined Jun 2007 | Status: Be yourself, everyone else is taken | 2,734 Posts
Hi all
left the Uk and now on my way to OZ. Happy trading will be back soon

I hope!!
  • #625
  • Aug 28, 2008 6:49am Aug 28, 2008 6:49am
Quoting MPP
Hi all
left the Uk and now on my way to OZ. Happy trading will be back soon

I hope!!

Have a safe journey! send me an email, if you can!

Take care!
Humble Lifetime Member
  • #626
  • Nov 12, 2008 12:26pm Nov 12, 2008 12:26pm
Hey BWR and everyone else!

What is your opinion on USD/CHF?

It is trying to break through some tough resistance. There are EMA confluences.

The daily bar is break the resistance on the weekly 200 EMA and the Monthly 50 EMA?

Any thoughts? I am thinking that once this breaks, it should be good for a thousand pips or more. I am holding onto a long and will until I get stopped out.
Humble Lifetime Member
  • #627
  • Nov 13, 2008 12:41pm Nov 13, 2008 12:41pm
Quoting Ash
Hey BWR and everyone else!

What is your opinion on USD/CHF?

It is trying to break through some tough resistance. There are EMA confluences.

The daily bar is break the resistance on the weekly 200 EMA and the Monthly 50 EMA?

Any thoughts? I am thinking that once this breaks, it should be good for a thousand pips or more. I am holding onto a long and will until I get stopped out.

I say it has a lot of potential to the up side. It seems to be in an uptrend trade it as such. Buy on dips, let your profits ride.
Just Trade It
  • #628
  • Nov 14, 2008 2:31am Nov 14, 2008 2:31am
Sorry guys It seems as soon as I posted my pip count in cesarnc's thread last night the Dow reached sub 8,000 for a minute and took off and never looked back, I closed all my positions as I realized the support of 8,000 on the dow and also the 1.24 area on E.U was major support that failed to break two weeks ago and I knew that cable would follow. At least I got out early I sure a lot of people who were short were screaming WTF!!! Is going on here??? I saw it as a probabiltiy that this could happen and was prepaire to exit if it happened and I was also preparied to keep on riding the wave if it keep going down. This is why it is important to do intermarket analysis, because it's all interconected like a spiderweb, when one string is pulled the whole web moves. If I didn't see this double support on the Dow and E.U then I would have given alot of profit back. Here was my pip count about 10 minutes before I closed out all positions. The high was around 6,300 pips but I got out with a little over 6,100 pips Not bad. I 've been using this method for around 6 months now and my results have been consistantly the same as you see below.
Attached Image (click to enlarge)
Click to Enlarge Name: Oct&Nov 08 099 (Large).jpg Size: 141 KB
Just Trade It
  • #629
  • Nov 14, 2008 2:58am Nov 14, 2008 2:58am
Quoting Big Wave Rider
Sorry guys It seems as soon as I posted my pip count in cesarnc's thread last night the Dow reached sub 8,000 for a minute and took off and never looked back, I closed all my positions as I realized the support of 8,000 on the dow and also the 1.24 area on E.U was major support that failed to break two weeks ago and I knew that cable would follow. At least I got out early I sure a lot of people who were short were screaming WTF!!! Is going on here??? I saw it as a probabiltiy that this could happen and was prepaire to exit if it...
Yeah, I hear you and also got out with about 5000+. I would've thought that the 8000 level would have broken but the bulls were just there waiting. It's OK, we learn and adapt. One thing I must add is that if the market keeps on hitting the 8000 level another 1-2 times, it will break and we will be headed down toward the 7000-7500 level.
Humble Lifetime Member
  • #630
  • Nov 16, 2008 10:39am Nov 16, 2008 10:39am
Quoting Ash
Yeah, I hear you and also got out with about 5000+. I would've thought that the 8000 level would have broken but the bulls were just there waiting. It's OK, we learn and adapt. One thing I must add is that if the market keeps on hitting the 8000 level another 1-2 times, it will break and we will be headed down toward the 7000-7500 level.

Thats what I'm hoping, but at the same time when you look at the monthly charts there has to be some kind of meaningful correction, It just can't fall straight down. Or can it?
Just Trade It
  • #631
  • Nov 19, 2008 10:51am Nov 19, 2008 10:51am
A lot of pairs are in the barrel plus a possible pin bar on cable. Set ups are cooking everywhere. This is why being patient is a quality to being successful.
Just Trade It
  • #632
  • Nov 19, 2008 12:29pm Nov 19, 2008 12:29pm
Quoting Big Wave Rider
A lot of pairs are in the barrel plus a possible pin bar on cable. Set ups are cooking everywhere. This is why being patient is a quality to being successful.
Been watching all the pairs like a hawk. The other day you asked how low can the market go. I've been thinking and can't come up any logical answer. One day the DOW is up 900 points the next day it's down 900. Fear and greed are the order of the day.

Just being patient with our trades is the answer. It took almost 5 days for Swissy to break out. I've kept it and holding onto it. If the S&P and DOW make new lows, I am looking for a good 1000+ pips on swissy alone.
Humble Lifetime Member
  • #633
  • Nov 24, 2008 12:14pm Nov 24, 2008 12:14pm
Could this be a rally to sell? Or is this going to be a large correction that shows a mini trend on the daily? wait and see.
Just Trade It
  • #634
  • Nov 24, 2008 1:52pm Nov 24, 2008 1:52pm
Quoting Big Wave Rider
Could this be a rally to sell? Or is this going to be a large correction that shows a mini trend on the daily? wait and see.
Imvho, one would have to say it most likely will be a mini change in the daily. I'm just following my charts. The markets should rally till after the bailout of the auto makers, then the markets start tanking due to dismal (crap) holiday season (Imvho).
Humble Lifetime Member
  • #635
  • Nov 24, 2008 1:57pm Nov 24, 2008 1:57pm
Quoting Ash
Imvho, one would have to say it most likely will be a mini change in the daily. I'm just following my charts. The markets should rally till after the bailout of the auto makers, then the markets start tanking due to dismal (crap) holiday season (Imvho).

Looking at the weekly we are due for some meaningful correction. And since we hit the 50% level on the Dow I would have to say now is the time. I will follow my charts. But lets just say that I am now Bullish until I turn bearish again, Which could happen in 5 minutes
Just Trade It
  • #636
  • Nov 24, 2008 4:14pm Nov 24, 2008 4:14pm
Quoting Big Wave Rider
Looking at the weekly we are due for some meaningful correction. And since we hit the 50% level on the Dow I would have to say now is the time. I will follow my charts. But lets just say that I am now Bullish until I turn bearish again, Which could happen in 5 minutes
Same here!
Humble Lifetime Member
  • #637
  • Nov 28, 2008 3:33pm Nov 28, 2008 3:33pm
Quoting Big Wave Rider
A lot of pairs are in the barrel plus a possible pin bar on cable. Set ups are cooking everywhere. This is why being patient is a quality to being successful.
Now they went up into the 4hr barrel which is my favorite. A break down from from here confirms continuation of the down trend. If it breaks up from here then we go into the daily barrel with the daily 200. The daily 200 is where the trend is really at. One of the golden rules is you buy above the 200 day average and you sell below it.
Just Trade It
  • #638
  • Dec 6, 2008 7:51am Dec 6, 2008 7:51am
Hey Guys, sorry I haven't been around lately. I stopped trading a few weeks ago. I was too afraid of giving all of my profits back This has been a great year for me and once the Dow failed to break below 8,000 I had a feeling the markets would stop trending so I stopped trading. Plus I want to end the year in profit. I won't tell you how much profit but I am well over 300% for the year. (thats a dramatic understatement but If I told you the truth no one would believe me) Most of my profits came from May until November, all of it being long USD and short GBP, mixed with other currencies. Anyways this was my breakout year. After a few years of break even after cost of living this was one year in which my account really grew.
The keys to my sucess was discipline, discipline, discipline and following the golden rule of trading *Cut your losses short and let your winners ride, and then pyramiding your winners*
I wish all you you happy holidays and a happy new year. I won't be around much for the rest of the year because I am back on vacation enjoying all this fresh snow in the Alps. Take care and I wish you all sucess. It ain't easy but someone has to do it.
Just Trade It
  • #639
  • Dec 6, 2008 10:47am Dec 6, 2008 10:47am
Quoting Big Wave Rider
Hey Guys, sorry I haven't been around lately. I stopped trading a few weeks ago. I was too afraid of giving all of my profits back This has been a great year for me and once the Dow failed to break below 8,000 I had a feeling the markets would stop trending so I stopped trading. Plus I want to end the year in profit. I won't tell you how much profit but I am well over 300% for the year. (thats a dramatic understatement but If I told you the truth no one would believe me) Most of my profits came from May until November, all of it being...
Congrats BWR!

Take care and do stop by to give us some pointers!
Humble Lifetime Member
  • #640
  • Dec 15, 2008 10:16am Dec 15, 2008 10:16am
I just took profit on a few positions (euro) that netted over 1,300 pips. Not bad considering I am taking the rest of the year off. Can't pass up opportunities even on vacation. We are running into a ton of resistance going up from here. If the resistance holds I will look to short. If they break then I will continue with the longs. Looks like we may have a bottom but this may also be the perfect place to short. Wait and see. Dow dropping from the 4hr barrel.
Just Trade It
1 trader viewing now