5% - 10% profit per day trading

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K heres the chart for today.

As you cans ee oils just tossing around and boucing off those lines.

if you scalp hardcore you can make loads from it! :D


im instead just palying the numbers game..., of 26% fall down straight = atleast 2% rise, and that will be my £1000 for the day. :)


ive also added more lines n teh 1hour chart to show the levels that will be needed to be watched if oil falls to them...

(you cant see them on chart yet cos they so low)
 

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The reason ive draw so many lines is cos theere were so many different trend channels,
and there is no way you can predict or know what 1s its gan stay in and when it will and wont jump into others, and to which 1s.... ect


But so when yu have these lines drawn inadbvance, when your using any dimeframe chart and you see price hit the line you know taht there will be a reaction there.

And when its amid lines you kn ow taht you can ignore it... :)


so if you have open profit, but price not near a line you know to just leave it to run till it does go to a line to react.




(p.s soz i not relied to many pms yet, i will soon i promise, ive just been drinking lots n traidng n so its sorta very hectic) :/
 

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Grrrr

ive had to drop target to 44.92 hit, so will only get take out at 44.86

and average enetry is 44.41, and its £10 tick so just £450... :(


I know market could hit the 45.13 t 26 level, but the line comes trhough at the .92 level, and its already breaking 2line sot get there...

n since its coming form the 43.56 level thats still 1.5dollars rise.


not much in dollars, but in % thats now huge.
 
eurghh i feel so sick! :( :(


i shouldnt have been drinkin beer n sparkiling whine so early in the morning :/


just wnat this trade to clear through so i can lie down n sleep it off instead of puking
 
K i took a loss of £583 (£120 of that was spread cost)


best i had offered was £50 profit earlier but was holding out for target,
and it was cos of the candaian non-farms that crashed oil.


Its still nearly £3,000 rofit left for this week though, and thats well over 50% profit on teh capital i started with, so im not na be upset.


This trade was £10 per, so nearly 2x the size of even the biggest profittable trades ive had too, so not gna let this loss bother me much. :)
 
got horrific shitty fill as market crashed about 60oints in fractions of the second,
but got filled selling dow from 8243 after 9points spread, target set at 8126 (need touch of about 8118 to safely clear spread)
 
i dumped my crde trade for loss back at 43.89.. :D

just before it crashed.


and people say i dont take loss... lol



although im 20points within making over £700 on dow
 
dante i strongly dont recommend that mate,
I put chart to show why...


I know you personally may still think 'my lines' are all nonsense and just lines, but i have shown repeatedly that they are the meaningful levels...

And oil has broken that line, so it will go down to test teh lower line now (cant see that line yet)


Especially with the dow gna break 8089 very likely today or monday, since i very very much doubt that the dows bottom will be a ''head n shoulders'' formation (upside down),
its much more likely to be a roughly layered triple t quadruple bottom.


and when dow goes down it takes oil
 

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Not meaning to brag or show off, but i just cant resist broadcasting my excellence with yet another point perfect exit from a trade... :D :p :cool:

dropped the dow like the piece of shit like it it hit 8152 (my sb firm wouldnt update it as i had set automatic order there, so had to close that and get out manually.


But the 8152 level that i had called back when dow was at 8316.. :)
 

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