5% - 10% profit per day trading

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Quote from spanish89:

Im also still holding by my call of buying gold at 889 / 867,
need baout 6% more fall then we are there.



Im still holding this call i made 3weeks ago about buying gold at 889.. :)


Its down from 1000s t 905 today (9% fall),
so just need (1.6% more fall) :)
 
Quote from spanish89:

Im still holding this call i made 3weeks ago about buying gold at 889.. :)


Its down from 1000s t 905 today (9% fall),
so just need (1.6% more fall) :)

So will you actually be trading it and how much /pip? It's not really an amazing call as it's just support/resistance but could still be good if not a bit too obvious.
 
http://www.msnbc.msn.com/id/12400801/

Traders awaited Wednesday’s release of crude inventory data by the Energy Information Administration.

Analysts are looking for
- oil stocks to rise by 2.2 million barrels, and
- gasoline stocks to fall by 600,000 barrels
according to a survey by Platts, the energy information arm of McGraw-Hill Cos.



Markets watch inventory levels closely for signs of rising or falling demand. Oil prices rose for two consecutive days last week when the build up in crude inventories was less than expected.

But prices began to fall on Friday and then plunged Monday. Crude is still trading about $4 below Monday’s open.

-----
Traders are also awaiting government reports later this week on employment levels, which have in recent months sent oil prices plunging further.

The nation has lost 3.6 million jobs since the recession started, including 598,000 jobs in January alone, the most since 1974. The jobless rate surged to 7.6 percent in January, and economists and government officials all agreed the toll is certain to go higher.
 
Quote from usman88:

for tomorrow i believe we will see 4350 no matter what the inventory numbers are

hmm.. for that one indicator may be oil should not drop below 41 now onwards .. (now @41.30 )
 
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