5% - 10% profit per day trading

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Quote from Trader_Dante:

Are you still long from $41.95?!

This is ridiculous...


Yep, theres no way anything could tear me away from such a perfect easy opportunity to buy!! :D :cool:


Its just falling cos of jobless number was so big,
even though the dow just bounced those 60poinst through the 8239 level,
and oils now finding out that it is just gan have to follow.

:D



Ahhhh i would so sooo much love to see the iranian opec oil ministers face as hes watching this!! :p

Even the saudis are gna start getting mouthy now about cutting hard.

*whooooo for us :)*
 
Made 'another' oil chart screenshot.... hehe

Looks very scruffy, much clearer to see on a plain chart, 1hour, zoomed out max.


But basically dow bottomed at thd 8126 level, as id said taht was too strong support,
it then did a head n sholders, and went up not just to the 8239 like id saued, but the it broke trough the 8246 resistance level! :D


while this was going on oil was still falling since it hadnt touched my line yet, (even though it had fallen so much it ALWAYS has to stop at 1 of my lines, wont just stop midway between 2 and bouce from there).

Thats why the drop is so overdone, as the lines were spaced out.



Its fallen 26% in 1week now though or in other words $15s.

It tries any of that nonense next week and oil will be down at $26!! LOL


And try picturing the face of a load of arabic oil barons when a load of blokes in suits turn up at their kingdom door asking to buy oil at a price lower than the price it costs the arabs to make it... :D :p :cool:



Be gan get bouce next week, and its gna be soo much fun
 
Quote from plumber68:

Hi, would you be long the Dow now ?

Also, what would be the symble for to trade oil on IB, thanks.


Aloha i dont use IB soz, i think oils symbol is CL though.

For me its just 'nymex crude'. :)


And i would STRONGLY advise staying out of dow now,
especially not going long now cos that number could rehit dow at anytime.

The best trade at moment is long oil
 
hello.
Not traded oil in a while. Are you in an oil trade now spanish? How many pips or you makinhg/losing?

I might throw some dosh at it whilst i wait to get picked up...
 
Quote from blackjack666:

hello.
Not traded oil in a while. Are you in an oil trade now spanish? How many pips or you makinhg/losing?

I might throw some dosh at it whilst i wait to get picked up...


Yep, holding long oil form 41.95 after spread.

Target is for oil to hit 42.92
 
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