5% - 10% profit per day trading

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it was 48.06

(the line on my chart showed it there)


I was so sooo close to buying there, but something happend that made me not. :/


But then as i saw it bounce there, come down but not be able to break lower i took the trade at £8 tick as market dipped to 48.19,
target was set at it hitting 49.23,

but as i saw it spike fast i switched to the tick-by-tick chart, and pulled it as market hit .98 :)


So cost me £108 comission.. :(

But got £536 pure profit still for those few seconds. :)
 
Ive put chart to show where the S&R is so everyone can see them... :)


And to show how the market is reaction now its come down to where these lines were.
 
Quote from mctom:

for this crazy trading I use a 1 min chart .---not my usual thing though but seems to get results
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ok, so you are using close below sma line to enter and exit for whatever... normally what tfs you use?
 
I normally use a 30 min chart then a 15 min. But recently moved to shorter tf as stops were getting too expensive. I never never hold a trade overnight.
 
Quote from mctom:

I normally use a 30 min chart then a 15 min. But recently moved to shorter tf as stops were getting too expensive. I never never hold a trade overnight.
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i hold forex trades overnight, since thats a known beast to me. crude, i am 3 weeks old!

made 400 points on forex today on eurusd, gbpjpy and usdcad.
 
and it did it... :)


Im currently writing to etx capital again trying to demmand that they give the oil futures contract a minimum stoploss of 30 or even lower!! :mad: :mad:


once i get that i can then trail these moves up and down
 
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