No not a thing if i'm honest but it is only one day or one afternoon with spanish, please be patient, i am tryin to learn but the greatest thing is that spanish is helping me earn while i learn.
Meli.
5% - 10% profit per day trading
- Thread starter spanish89
- Start date
- Status
No not a thing if i'm honest but it is only one day or one afternoon with spanish, please be patient, i am tryin to learn but the greatest thing is that spanish is helping me earn while i learn.
Meli.
I am trading Nymex Crude (FEB)
Here is why i just went short: we violated the uptrend line earlier, we will break it again. Next support is the 76% retrac line near 46.00
Here is why i just went short: we violated the uptrend line earlier, we will break it again. Next support is the 76% retrac line near 46.00
:eek: :eek: :eek:
I am now actually insulted!! LOL
I explained to you about the dow going from low to high,
about how it was cos oil fell from 46s to under 44 in straight vertical line.., so pullback was coming,
and explained about dollar being so weak, and the last time it was this weak oil was in the 80s t 90s!
ooops, ive just been told off....lol
to porph, i have learnt something today yes, i am still trying to get my head around wot moves oil and spanish has taught me a few things to look out for wen trading it. I am by no means able to trade on my own as i have proven already. its brill that i can trade along side other pro traders like spanish and earn while i learn and yet he asks for nothing.
Meli.
Heres why me and Meli made our trades..
the left chart is what we could see at the time we made the trade...
The market took hours n hours n hours rising so so soo slowly to get to the 46s, and then it crashed down $3s in 5mins in a vertical straightline!! :eek: :eek:
Dollar still remained very weak, dow was rising up, so this oil move was just a random crash taht had nothing to back it up, and it ended up on an extremely string base of support.
So we bought oil just below $44.
Since $3s vertical crash (a trade that i called to sell at 46.60), means atleast 60 t 80cents rise back up.
the left chart is what we could see at the time we made the trade...
The market took hours n hours n hours rising so so soo slowly to get to the 46s, and then it crashed down $3s in 5mins in a vertical straightline!! :eek: :eek:
Dollar still remained very weak, dow was rising up, so this oil move was just a random crash taht had nothing to back it up, and it ended up on an extremely string base of support.
So we bought oil just below $44.
Since $3s vertical crash (a trade that i called to sell at 46.60), means atleast 60 t 80cents rise back up.
Im not trying to just ''tell everyone whatsgna happen and what the next move will be''.... lol
Since if you try trading the market by ''making it into 1 long story'', and so just forecasting day by day what the moves will be based on the characters casuing the movements each day...
Yes you can do tat for a few days, even a few weeks,
but then after the 28th day yoru story starts to run out of content..
And so i instead of teaching people how to forecast and see the moves,
i try showing peope how to make lots of money everyday by simply watching the 1st big move of the day happen,
and then trading off the reaction to it to mae lots of easy easy money for extremely little actual realistic risk!
Since once you get the hang of ow to do it, you can start everyday as a new day, not caring epecially what the story for the day is,
you can instead just relax your mind all day and just use your eyes to watch the big steep spikes, and ten know when to enter teh trade to take the top off / catch teh bouce back from thee bottom of the,
Since if you try trading the market by ''making it into 1 long story'', and so just forecasting day by day what the moves will be based on the characters casuing the movements each day...
Yes you can do tat for a few days, even a few weeks,
but then after the 28th day yoru story starts to run out of content..
And so i instead of teaching people how to forecast and see the moves,
i try showing peope how to make lots of money everyday by simply watching the 1st big move of the day happen,
and then trading off the reaction to it to mae lots of easy easy money for extremely little actual realistic risk!
Since once you get the hang of ow to do it, you can start everyday as a new day, not caring epecially what the story for the day is,
you can instead just relax your mind all day and just use your eyes to watch the big steep spikes, and ten know when to enter teh trade to take the top off / catch teh bouce back from thee bottom of the,
Quote from NO:1 OILTRADER:
thankyou spanish for the trades you gave me earlier. For evryone else, spanish did not recomend i take any trades but simply gave me advice to which i decided to take on my own.
The live calls where brill and spot on, wot more can i say.
will show you the trades i made, not much money but is only 50p per point so if your rich you can add as many pounds to it as you like, i know spanish plays with loads and hopefully one day i will too.
i made £7.50
£8.50
and £8.00
Meli.
So you made an average of 16 pips/trade. Do you think that's good/sustainable for oil and the amount of risk? I always thought oil was far more capable of netting greater returns than a mere 16 pips.
Hello mate.
I agree. Had one of my lowest profits days in AGES today. Im up about £810 LOL. Not worth getting out of bed for nowadays
, lol.PS - do you read my replies 'cos you never seem to reply to them!
Quote from blackjack666:
Hello mate.
I agree. Had one of my lowest profits days in AGES today. Im up about £810 LOL. Not worth getting out of bed for nowadays
PS - do you read my replies 'cos you never seem to reply to them!
lol
I wouldnt say £800 is bad.
And i read your replies but you barley ever post here anymore..,
just sorta slink off during the day and trade alone.
Rather greedy, instead of sharing your trades on here so i can start up an outlet of money from the S&P to my account...
- Status