Wednesday, March 10, 2010

Surf Alert: SHORT THE USD NOW !!


US Dollar shorts have been triggered. We are long the EUR/USD pair at 1.3666.

9 comments:

VIPER said...

Surf from my calculations you are early, but that having been said, I think you have the direction right. It is my observation that the EURO might retrace back to 3620-3600. Too much draw for me, but we all trade differently.

The Ever We Will See VIPER

marketsurfer said...

Thanks Viper! I always like to hear your take on things. Yeah, I agree, possibly early, but I have wide stops and this is for a long term hold hopefully. Holding here

VIPER said...

I told you 20-00, but a nice bounce out of there. Volume is very low, at least on my hub, so I expect to see a continuation of breakouts, large retraces, directional drifts, and then repeat the process. In other words, outside of capital, patience is the most valuable commodity in this market. But as always, it is nice to be on the right train moving in the right direction.

The Ever Rail-Fanning VIPER

marketsurfer said...

Thanks for the kudos Viper. yes, looks like i caught a nice move here. one of my indicators turned green for the first time since jan in the pair. staying long. best!!

Dr. Logic said...

Your long is currently 144 pips under water. My call of staying short is 144 pips further in profit. My stop is re-adjusted to 1.3639. The fade-the-surfer strategy continues to be the way to go.
Why are you constantly breaking the rules of Elite Trader and sneaking back into a site where you have been banned?

Dr. Logic said...

Euro down to 1.3259 today. Wonderful call. Your investors are loving this one.

Dr. Logic said...

Euro at 1.2718. Have you blown out your fund yet? Great blog there surfy. Make the calls and simply don't offer a reversal or an exit.
Nice job getting banned from Elite Trader again for the 10th time, very professional.

Dr. Logic said...

Euro at 1.2140 today Surfy . . . you still long?1300 pips out now.

Dr. Logic said...

Euro at 1.2018. How's that Long doing for you?