5% - 10% profit per day trading

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I want to see dow settle at its 7960 support and then rise,
having taken oil down to 38.62 so i can buy.. :)


Dow could and will likely restest its 7500 lows over te coming week t next week though. :)
 
oooh it just hit 7959, and now bounced 30oints fast... :)

i cant wait till i get a job in a prop firm then i can kill teh market with all my calls using 5points stoplosses. hehe


im not gna buy anything yet though as nor reverla formation in oil yet
 
Quote from spanish89:

im not gna buy anything yet though as nor reversal formation in oil yet
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actually we do have a double bottom, but on bigger timeframes its a pendant. (more falling that means)


and teh big timeframes always beats the short 1s
 
Quote from usman88:

Added more buys and selling at 30/40 cents profit. Brought down abg buy to 3950
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nice mate... :)

im holding a long too from 39.16


Target is 39.86, and so i was pissed off too see it test 39.40 (it crosses 1 of those line son my chart there so i knew it would react),
but it fell back down to near the lows.

glad it didnt break them though :)



Whats your target usman?? :cool:
 
Quote from elitejets:

Senate just passed stimulus package 61-37
we will see if the markets like it
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the reason market crashed was cos after teh excitement came in, it was then a case of ''ok now this is over, if tis doenst do much what next?? no ammo left in the gun and noting left for us too look formward to and rally on''.


If teh fed didnt do anything at all dow would be in the 9000s now... :cool:


since market would 1st say ''ok all companies values crashed down, they are now 60% t 90% lower than few months ago..., so what next??''


And the enxt would be big bargian hunting boys coming in and buying up the cheap stuff.




however the fed have got involved and made the whole thing into basically a soap opera and a story!! :D :p
 
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