5% - 10% profit per day trading

[usman88]

i suggest that you move your target to 4120 which is the pivot. Not that its not gonna touch 4090 but better safe than sorry.

 

[spanish89]

im more thinking maybe take it at 41.06


Although i know myself and i never ever leave for my targets!! lol


When i see it fall very fast and deep and hit a support il take the cash and run.


fuck teh targte then

 

[spanish89]

grrr te triangle formation taht it formed i knew would break sharply 1 direction, unluckily it was up..

so means theres alot of trend chasers out today who need to be crushed!!


it looks like double top / sliding double top at mo though

 

[usman88]

looks like we are gonna not slowdown before $44.

 

[spanish89]

market crosses line on my chart at 42.99 and then 43.62

 

[spanish89]

im condiering adding £2 more sells nowish, but i dont like this at all though seeing oil rally like this when theres not spark to cause it... :eek:


and all teh economic data, dollar, dow are agaisnt it

 

[usman88]

Quote from spanish89:

im condiering adding £2 more sells nowish, but i dont like this at all though seeing oil rally like this when theres not spark to cause it... :eek:


and all teh economic data, dollar, dow are agaisnt it

mate oil does not need any news to rally. I remember about a year back, oil rallied $2-$3 dollars on news that wife of a manager of crude oil rig was kidnapped by nigerian militants. Now you imagine!

When the market players want to move the market, they can create any reason. Most probably this time they will cite the obama presidential oath and potential improvement in economy etc.....or maybe short covering.......

Moral of the story is to not rely on news. Think hard and deep and put yourself in place of big players and play like you wanna wipe out small traders

 

[spanish89]

k well my trade is in.

average 42.03 after spread now, target 41.19

so nothing i can do now except hope

 

[spanish89]

dante is saying this is just cos of the offical real rollerove ris todaynot last friday when ig did it,
and so everyone who was short feb is now buying it back and thats what caused this.


However last 3months i was banking on this (as i saw it back in july n august as we came down the 100s...)


SO im not sure why this has to happen today

 

[spanish89]

how stupid lazy idiot do you have to be though to leave your trade running so late in the month before cashing in,
when you know theres a chance this could happen!!


stupid lazy cunts!!