5% - 10% profit per day trading

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ooooh talk of the devil....

Dec. 8 (Bloomberg) -- Crude oil rose for the first time in seven days in New York after the Organization of Petroleum Exporting Countries’ president said there was consensus for a “significant” production cut when the group meets next week.

A “severe” cut may be needed to halt the decline in prices, group president Chakib Khelil told the Associated Press in a Dec. 6 interview.
 
Ooooooh that opec announcement of ''signiicant'' and even the word ''severe'' was used, is really really adding extra boost to oil already 10mins into the overnight start!! :)


Up 40ticks in 1st few mins of the overnight.

Looks like you wont have to wait too long till you breakeven on your trade dante. ;)


Now if only id waited till the 41.26 level to enter as thats where the line touch was gna be... :cool:

Ahhh those few minutes of impatience helped me miss out on bagging an extra £500 lol
 
Hi spanish,
just wanted to see what Oil was like and picked up a quick 14pt (I guess you call it tick's not pt's?) scalp, man not bad nice $140. Will look at it more over the next week or so.
Thank you.
p.s. Not brave enough to follow your total lead, but must admit like your calls.
 
Quote from plumber68:

Hi spanish,
just wanted to see what Oil was like and picked up a quick 14pt (I guess you call it tick's not pt's?) scalp, man not bad nice $140. Will look at it more over the next week or so.
Thank you.
p.s. Not brave enough to follow your total lead, but must admit like your calls.
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Aww welldone mate.. ;)

And thankyou.. :)


Goodluck trading today.., lets hope we can all celebrate this evening! :cool:
 
Aww i just looked at the chart and bang on target oil is surging till it touches a line, pulling back and reacting there,
and then rising again.. :)


I seriously cant believe what a fucking waste of time school was!!! LOL

All those pointless years and subjects, total and utter waste of time....


Since now i dont even have to work...,
As a fucking line does all my my work for me!! LOL :D
 

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Whooooo hooooo :D

Wokeup to see oil smashing through all the lines... :)


Was abit foolish to cash in, and then get in the trade again at 3ticks higher market, but had to pay the spread again, so over £100 extra for no real reason, other than to have the feel that ive 'locked in' money. lol

Gna now go lie down since theres no point me trying to sit here and wait for market to hit target, as i would get too jumpy.
 

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Quote from arabianights:

Thanks for the cash spanish...

Why not try selling dow at 8920ish, spanish stop of course :)
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lol

That ok mate. :)
How much you had bought oil at per tick??


And i will sell dow again, however now isnt the time.
Since cos it rallied so hard on such bad jobless loads of people are going to think thats a bullish sign, and so will be buying more today...,
however i have a totally differnet veiw. lol

I simply totally disregard however the markets reacts to bad news (once ive made my money from selling it 1st),
and instead just see that even though this new rally is just another 1 of the many all based on hope....

Eventually people are going to stop clicking the button saying 'buy', when they see how long and shaky the spikes looking,
and are going to have to see that 'wait a minute, those jobless people still are all sitting in their houses with no jobs, so sapping money from the government and not making any....

So the fall will come.



however its silly to trade something like dow that is so jolty and rockety, not any realy S&R or cycles,
so just for momentum traders.

When you can instead trade oil thats so easy. :)
 
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