5% - 10% profit per day trading

Status
Not open for further replies.
Quote from banksie:

I'm thinking of a short of the 1hr pin bar thats forming. What ya think Spanish? What time frame do you trade?
More...


I start with the direction im going to trade, have switched to long for today based on a few factors.

I start with the daily chart, and then zoom in and out through all the differnt time frames, looking at all the different S&R levels, and then watch the market and enter when its hitting strong support from 1 of those levels.

My main reasoning for going long today is dollar weakened alot, indicies are all up, and oil is in need of pullback and its just crashed $20s straight basically....


The chart ive attached make sit more easy to see the etent of the upwards pullback after each big fall we have had, and this has been steepest yet.. lol
 

Attachments

Quote from banksie:

I'm thinking of a short of the 1hr pin bar thats forming. What ya think Spanish? What time frame do you trade?
More...


Hope you didnt short just now at 80.75... :eek: :confused:

I just saw my trade go from -£90 to -£10 in seconds... :)



Im now gna go out for breakfast, happy enough to leav emy trade to run itself.
 
Im seriously seriously hating and getting extremely worried about how oil has now become to trade though..

As with no clear short - midterm trend i am having to completely change my style of trading and just invent a whole new technique from today for as long a sthis continues... :eek: :confused: :( :(
 
Currently making a measly £145 from an oil short. Really want my 10k target to get hit this week - giving me £8k in about 3 weeks of fulltime trading! :)
 
Quote from blackjack666:

Currently making a measly £145 from an oil short. Really want my 10k target to get hit this week - giving me £8k in about 3 weeks of fulltime trading! :)
More...


LOL


Sorry mate by its now time to adapt or die!! :p :D

No more 'getting sells in and then beng able to sit back and go on holidays'.. lol


Ive made 155ticks so far today buying oil form the UK market open, n been trading at £2 tick so its currently £262 profit for the day after spread cost.
(
WHich is extremely good i think since this is the 1st day that i have had to basically invent on the spot a completely new stratergy n style of trading and trade using it!! :p :cool:


(i did get very angry a few minutes ago, when i got back home and instantly turned on lapto as fast as i could to check status of trade, saw it was at 82.38, got graph up as fast as i could to see for resistance, but then by the time i got my sb latform signed in oil had falled down to 82.11 :(

So i missed out on £60 by a few seconds!!! :( :(


But i then remebered the book, and i did do all that i could have done, i did it as fast as i hyscially could move the mouse, and so ive calmed down now.


Ive now got a buy order for £2 tick from 81.56, stoploss 80.62, and still going for the target of 86.07
 
Quote from blackjack666:

Currently making a measly £145 from an oil short. Really want my 10k target to get hit this week - giving me £8k in about 3 weeks of fulltime trading! :)
More...


Where you entered your sell?? :confused:
 
Status
Not open for further replies.
Back
Top