5% - 10% profit per day trading

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trade is currently at break even (apart from spread cost),
and so now im gna have to hold it over the weekend.

which i hare doing as it ruins my entre weekend with constant worry and fear. :(


especially if something happens with gas, opec say something, or a few trillion quid is spread out in donations to everyone in usa and uk,
then i will be fucked. :(


But after having such a huge huge spike, if you look at the yearly charts theres never been an intraday spike this big n steep taht hasnt pulledback,
and so im gna have to take the strain over the weekend, as my target of 154ticks is worth just under £1,400... :/


so its too big to turn down.

*Sigh* :(
 
what does everyone else thinks about tomorrows market? where do you think it will be headed?

I am thinking about shorting around $47 for a dollar.
 
Quote from usman88:

what does everyone else thinks about tomorrows market? where do you think it will be headed?

I am thinking about shorting around $47 for a dollar.


Ive been holding my sell over weekend, think its very very likely we will see 44.26 tomorrow,
maybe even 43.86 if im lucky.


I think its extremely unlikely that oil will open at 7am uk time above its starting price, since the steepness and extent of the spike up on friday afternoon from the mid 41 straight to mid 46s.
 
Hi all,
I had a good day on friday, caught afew scalps on Oil and caught abit of the last bull run up... afew on SnP and EU, but then lost afew pips on EU at the end but up overall for the day...

Better be careful monday.. Im still short 1 lot on Oil from the last hour on friday, hoping to see it tumble abit and lock in profits,, see how that goes..

RBS Market index - noticed since they took over from ABN AMRO theyre been hanging alot... Although not a spreadbet company, they offer CFDs.. But hoping they can fix their platform or ima move elsewhere...

S2
 
Depending on how ES behaves, I'll be looking to buy into pull-backs. Oil is over-extended on short-term charts, but it doesn't look too bad on the daily charts, so I am still bullish.
 
I see lots of resistance above but a narrow range with lots of significant S/R levels around. I also see a rising short-term trend line beneath. So lots of volatility and sharp ping-pong moves.
 
Quote from MJUK:

I see lots of resistance above but a narrow range with lots of significant S/R levels around. I also see a rising short-term trend line beneath. So lots of volatility and sharp ping-pong moves.


Mmmmmmmm finally!!! :D :cool: :p

I waited soo soooo long while all the stupid fuking trend-chasers have been casually grazzing on the market!! :mad: :mad: :mad:



But now its finally fucking feeding time for me,
and i am EXTREMELY hungry now!!
:p :D :p
 
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