5% - 10% profit per day trading

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i'm going to try to get in some longs today, buy on dips. with the dollar in the crapper, it looks bullish for oil.

edit: ok didn't stick to the plan and got in some quick scalps short at the 52.20 level. looks like we're forming a triangle/pennant (never was sure about terminology) at that level, and about to break out
 
this doenst look very strong anymore mate, i just want a final upspike for a bit of squeeze play, that i cna then attack into.

will need end of teh day for any decent movement though i think. :(
 
although ur right we do have a triangle here, and i hate them... lol

as i now just gta hope this spikes up not down when it breaks out.


if its down i duno how much want to momentum trade it :/
 
Finished with oil for the day as per my ealier posts, but ive made a friggin killing on the US markets today. nearly as good as yesterday! Fantastic two days in a row.
 
Quote from Blubaru_555:

anyone doing any trading today?

short 52.14
stop 52.30
target 52.80... or any major dip

It is hard to hold 52.50 level for MAY oil TODAY , so i am shorting from those levels and closing at lows
 
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