5% - 10% profit per day trading

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K well i ditched the trade as oil hit 47.66... :)

Another point-perfect exit to.
Got out there as it was too steep a rise, and dow looks like it could drop soon.


So thats now £694 profit for the day!! :D :p


Broke the £686 target i was going for, so am extremely pleased.

Since all i did today was get up after 10am, have a hot bubble bath when i have scamned my landlord/water comany/nextdoor neighbour so i dont even pay teh water bill!! hehe

(the landlord and enxtdoor neighbour share my bill)


I then drunk some more rose chmpagne while dancing aorund my flat thinking about school n college.. :)

then ate a kebab, called up teh maid service to get my maid to come clean tommorow again, and then just sat down at my laptop for 2hours 1 n half hours while watcing tv,
and earnt £694 for doing that..... :eek: :eek: :confused: :)
 
Oooooh almost forgot, i made £9 more about half hour ago from a £1 dow short! :)


I really really loved this trade since i got in at just £1 tick, tight s/l as i saw it stalling and falling at strong resistance..,
but i actually got my fill (after spread) at 5points above the actual market price!!! :D :cool: :p


Didnt really like the idea of being short £1 dow, long £7 oil, so ditched it for just £9 after spread.



ive attached chart below to show where got out of the oil trade at 47.66
 

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Its now £703 total for the day..

And im so so happy cos since i started last week monday with under £4,000 capital cos losses from bef and withdrawn over £1000,
Ive made now £5,064 since then.. :)




+attached screenshot to show the t2w crew that i did ditch oil at the time and price i said i did.
 

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haha...Hi spanish!

No, that 'candles' who posts on trade2win forum is not me. I've had a few pm's in the past about this, lol.

Good trading to you,

regards

candles (the real one:) )
 
ALoha plumber, thanks for the pm.

You still holding your dow short??? :confused: :) :)


Ive attache dchart to show why i couldnt be getting in a dow trade at mo, as its 'midway' at moment.

Soz my lins look very mess, its teh stuff i criceld taht show how midway it is though, and so could very easily go anyway isn its current range.
 

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Quote from candles:

haha...Hi spanish!

No, that 'candles' who posts on trade2win forum is not me. I've had a few pm's in the past about this, lol.

Good trading to you,

regards

candles (the real one:) )


Ahhh thanks mate.. and aloha.. :)

I really really just didnt think taht you had been making up in here before, and so wheni read taht on t2w something just didnt add up.

cos after reading your trades on here anyone can see your not a guy who trades at 10p per point!!! lol


And aloha porph, how you been doing recently??
 
Aloha plumber im not sure if my private msg rely went through, since it kept saying 404 error...,

So i will post it here just incase-

Soz to hear about getting caughtup in the dow mate. :/

I would advise holding your short though, as oil has broken down to 45.26....

And all the dow actually is is all the companies in the dow list having their values added up.


So with oil crashing like this, now down about 19% istraight in just 3days,
this is gna bring down teh share price of exon and chevron, in the top 5 biggest price companies in the dow.

So when they fall about just 6%+ they take off around 50points off the dow alone! :)


If dow can break through the 8648 level you will be in luck.

:cool:




As yesterday i did call 8126 quite likely to be retested, especailly with the non-farms coming that hasnt been priced in yet this week.
 
K well after oils fall to 45.26 oil is only for buying now, since its about 20% straight fall in 4days.


Ive attached chart to show what im seeing today, an dnow its just a case of watching how oil reacts to and at the lines.

Just a simple case of seeing how it consolidates at the lines, and trading accordingly.


Not wanting to go in long form the morning now when it is 45.60,
since the dow is looking rather foolish so high up, and so it looks very very likely to touch 8367.

(120points drop from now).


And esecially with jobless coming itd be foolish and risky to start building anything strong in oil yet....



SO just gta sit and wait for teh lines to be hit
 

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K 1st trade is a £1 long order set to be triggers if oil falls to 45.60

This is cos oil is trending up, but very slowly,
and its formed a triangle formation today, so will spike 1 way very soon....

So just tossed in a £1 long to dont miss the trend if it does continue up.. :)
 
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