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I don't know if the market is going lower right now, but if it does it will create some great buying opportunities. Buy S&P at 1220 area and ride the bounce to 1257 is the one that leaps out to me. Thats a high probability trade.

Crude is pretty crazy right now. I am waiting patiently for only the best level setups before getting involved.

We are so lucky in the U.K. not to have to worry about events like this.

I have started offering mentoring recently myself, diversified income stream is always good. And yes it does seem to help keep me in the right frame of mind in my own trading

Hehe. No I was not trading a dollar long over that time. Amazing what we as humans notice patterns in, you can also see the retests of the breakout areas in my equity curve if you look closely.. no wonder people talk about technical analysis being a fallacy :D Obviously that's the sweet...

Well i was a losing trader for 3 years until I found a good system. I am certainly making the kind of high returns in trading that this guy is claiming is only possible in business. http://www.elitetrader.com/vb/showthread.php?s=&threadid=214188 Make sure you scroll down and look at all...

ok guys heres the easy way to settle this. if he ends up getting out of this alive its a demo trade. if he zeros his account its probably a live trade :D

this is looking ugly. selloff in commodities and dollar rally, snp hardly budges..

one day you will get caught the wrong side of a 1000+ tick move i think this says it best

haha

looks like this rally is going to continue for a while...

someones got me in short the euro from the high this morning. cheers

Dont be rediculous. Only the too big to fails are allowed to do things like that

long commodities. particularly agriculture but as always timing is hard, I am waiting to see if we have another deflation downleg. if wheat, corn etc tank to severe new lows over the next year or 2 i think buy and hold for 20yrs will be the moneymaking strategy of our lifetime... if...

us inflation > world inflation- short dollar index global currency crisis- long commodities or like me: us inflation < world inflation- long DX :)

yes nice consolidation wedge. im adding on break of 132.95 with long term targets

agreed ratio. same people tell me pivots dont work blah blah. its all about staring at something for long enough and seeing how the price reacts at the level/trendline or whatever. eventually u notice patterns, which i am not going to give details on haha how come i can pick 1-2 pivots per...

'luck' that he sold into a massive resistance at 950 with a stop just above. bad entry maybe but i dont think that was lucky. i sold 945 with a stop at 960 too. and yes i was worried i nearly got stopped out too, but thats trading. plenty of idiots buying into the cnbc hype so sometimes...

anyone?

i got 2x Dell 24inch lcds a couple of years ago. 1920x1200 rez and excellent quality. a bit more expensive but very very good