5% - 10% profit per day trading

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Quote from spanish89:

id love to get a fast sell in between 43.86 and 44.19 now... :)
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it just gapped up 120ticks in 5mins, touched 43.86, but then fellback 30ticks. :confused:


i couldnt sell it as its too risky selling at suhc mid range level on intraday,
although over the course of teh week n last few weeks this is very high still. :(


and specialist news just came in that IEA just revised down oil demmand again btw.
 
Quote from spanish89:

it just gapped up 120ticks in 5mins, touched 43.86, but then fellback 30ticks. :confused:


i couldnt sell it as its too risky selling at suhc mid range level on intraday,
although over the course of teh week n last few weeks this is very high still. :(


and specialist news just came in that IEA just revised down oil demmand again btw.
More...

@spanish can you send PM about the news service you are using, we discussed about this news service some time ago .. thanks
 
I don't trade using Elliott Wave but I am studying it. One of those things where everyone sees it differently and never agrees. Anyway ... here is my take ...

It looks like a wave 3 down so this consolidation is a wave 4 which can either be simple or complex. Usually, (it is the case with most of the currencies), it will be complex meaning long and drawn out and range bound. No trend for a while just back to selling the tops and buying the bottoms.

I made some on short term shorts this morning but I am done for the day now.
Hope you guys are making money with this choppiness.
Have a good weekend
Nicola
 
remember heating oil expires today, so could be shorts squeeze...


i didnt want to be holding sell over weekend incase opec say anything, so i didnt take the sell earlier at 43.86


and wont be making any trades till next week. :)
 
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