5% - 10% profit per day trading

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Quote from spanish89:



USA IS WORTHLESS AND POWERLESS NOW.
aND THEY ARE ABSOLUTELY TERRIFIED!! :cool:

The last person that was thinking along those lines was Sadam Hussien. The last legitimate Country brave enough to try anything like that was Japan I believe! Wonder if they still feel that way today too? :D
 
Spanish's analytical skills are, as always, spot on.

The greatest military power in the history of human civilization is 'powerless' :P
 
As long as a green buck gets printed here , no worry friends.
One crucial thing this country needs is more labor force , and
more local industries , say no the Unions and to all the bloodsucking wallstreet thugs , bring back Spitzer and put him
in charge of SEC.....that's all
 
Quote from MJUK:

Spanish's analytical skills are, as always, spot on.

The greatest military power in the history of human civilization is 'powerless' :P



lol

You need to get with the times my friend! :p :cool:

In the olden days whoever had the biggest army was the ruler of the world.



However now in this modern day world usa do have the biggest army and most updated and new guns and weapons,
BUT SO WHAT??? lol :cool:

Since they simply just cannot use them at all no matter what happens around the world, unless another country actually had troops come into usa land and start invading, which just wouldnt work! lol



At the moment usa is fighting and failing war in iraq, war in afghanistan, and war all across the streets of villages in usa, since the media are claiming people are close to just crying in the streets and sitting in their houses starving while tehy cant afford to pay their monthly mortage fees and so they are all getting evicted to become homeless soon.. lol

So with all that going on constantly and meant to be getting much much worse in ways that the public will actually be able to feel,
the last thing that teh uk government could do is decide to fiance and launch ANOTHER WAR!! :D


If they do i would simply rush out and invest all my cash into newspaper companies, and the number of headlines and media stories that that would cause globally would be ginormous!! lol ;)




And yes i do know that israel dont have oil, however when tension starts in the middleast oil always comes under threat a theres bombs going off way too close to the oil patches for anyones liking.

And now that oil is so ridiculously low and all the arab countries are in great desperation to push rice back up i wouldnt be at all surprised if iran decided to get involved very very soon and start doing things like threating to close the hamas and gaza straights and a couple of ports(that really important route where most of the oil for foreign countries passes through),
and that would really give oil traders an excuse to start the buy back now. :cool:
 
Quote from spanish89:

So i would strongly advise anyone who can put in trades after hours to buy oil asap. :)


And while you can mock the way i talk about the ussa's powerfulness if you want,
the people who did take that call i made will have already been able to take 160 - 200ticks profit!! :cool: :p
 
Quote from Trader_Dante:

Don't be ridiculous! This is still going DOWN. Try your cycle count again when we've popped through $25.

Not sure what system you are using that told you to hang on to any shorts, but I think I'll stick to my cycle counts. The cycle count told me to exit shorts at the close on Thursday, and to go long on Friday if prices showed strength.

I know a lot of people don't believe you can trade on cycles, but hey, to each his own. I just threw it out there as a heads up to anyone that was still short and expecting the market to continue down in the short term.

Also, you may be right in that we see $25.00 before $50.00, but I don't think I want to risk riding out a pull back to find out. Good trades mate!
 
Ive relooked at chart and im not gna trade today as the rice has risen straight from 35s t 39 in straight line, thats 10% move.

And so pullback is happening now.


But itd be extremely risky to sell now at such a low price, but risky to buy now when pric is likely to pull back slightly before rising.


I am only looking to buy now but i wont be buying at higher than between 36.86 t 37.39.


And my next target if i get that trade in will be 40.86 t 41.26




To show how the market reacted to the lines over the last week il attach chart.

(I havent added any new lines, these lines were all drawn on when oil was in the mid t high 40s, and you couldnt even see below 40 on the chart at that time!
But when the market did get that low this is how it reacted when touching the lines....)
 

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Quote from blackjack666:

porph, you know when abnamros sp500 open again? The dow is moving but not the sp500. I am long and should be making about £1000 (according to the dow move) but it ain't moving!! lol

Well, I just decided to hold the position anyway and just woke up to see that its now up even more :)

Closed it for now giving me a nice £1900 to start my day :)
 
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