5% - 10% profit per day trading

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Good morning everyone. I just woke up.

I am getting ready to find a good long entry before the inventory numbers. I have a feeling we are going to rally into the inventory numbers. The market needs an excuse to rally.
 
Quote from gucci:

Hey spanish,

congrats to your climbing back. May I ask what you think about the "Trading in the zone"?
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Thanks mate. :)


I havent read it yet, i have a different book that is for more shorterm powerful use. (The 7 deadly sins of trading).

I will read traidng in the zone, but will do it once ive builtup enough money to be able to actually trade with calmness and not huge fear inside.
Since at moment theres no way i can trading calmly due to the circumstances that im in.


And nice calls usman.. :)


I overslept so only just got up at 2.30uk time. :p

Although i havent missed much as i havent seen any trade opportinities that i would be take.




i want to see it get to 42.86/43.26 and then see how it reacts there.

and if it forms a reversal formation i will sell there...
 
i turned down the 42.26 entry, as it looks like itd doing a flagpole/pendant formation again now, and so a breakout to the 42.86 43.26 cold br brewing... :cool:
 
btw im getting the ransquawk commentary updating me every 30sec on the dolalr/yeen level,
as the otions for that expire today nd so its going down alot,
and so when it goes down it pushes down the dow and then indirectly oil..
 
Hi Guys,
Hope everyone is making good money....
Ive been doing ok last few days, FX and indicies were good, but oil trades about breakeven.. hoping to get my head around oil trades..

One major problem i am having is getting up before 8am UK time to trade the markets.. Man i need to get my asss up or else im gona be losing alot of good moves and trades...
Any suggestions??? lol .. maybe get a barrell of coffee in the morning and a big fat alarm clock to get my ass up.. seriously i need to sort out and get myself up in the morning..

Anyone tried CapitalSpreads as their broker.? What do you think about them..

Thanks
S2
 
Quote from spanish89:

whats your target mate??

and how comes you use such a large stop when trading breakout though?? :eek: :confused:
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I have 45 as the initial target. I think a good size rally could push us there. But I will change my target and jump out early after inventory numbers if the rally stalls

Yeah I am starting to use wide stops now. I am tired of trading in and out of OIL. I want to start making bigger gains and the best way to do it is to stay in the trade longer and use wider stops. I am up $1500 from yesterday, so I don't mind giving back $1000 today if needed.
 
Quote from lemeeeplay:

I have 45 as the initial target. I think a good size rally could push us there. But I will change my target and jump out early after inventory numbers if the rally stalls

Yeah I am starting to use wide stops now. I am tired of trading in and out of OIL. I want to start making bigger gains and the best way to do it is to stay in the trade longer and use wider stops. I am up $1500 from yesterday, so I don't mind giving back $1000 today if needed.
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your holding this form now till tomorrow afternoon mate, and looking for it to rally to $45S?? :eek: :eek: :confused:

ambitious.. :cool:



(The inventory number is tomorrow btw mate)
 
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