5% - 10% profit per day trading

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with my above bull/bear factors I am on long side most of the day in/out .

Thanks Usman , in addition to my Euro take also , your assurance helped to hold the draw down at 6070 , I finally closed 6115
over all a good day
 
Also, USMAN, are you looking at EUR/USD strictly for an intraday indicator? Reason I ask is because I do see some correllation (just starting to look at a rough and dirty chart on this) but for instance, on a daily basis, EUR/USD is up today vs CL being down on the day, despite it being up during the normal trading session.
 
Quote from bt116:

Do any of you guys trade the CL spreads or strictly outright?
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I used to do spreads few months ago need patience for waiting a week at least to see good returns.
now a days only outright contracts .
 
US Stocks Remain Lower;

http://www.marketwatch.com/story/us-stocks-remain-lower-djia-down-111-points

Investors also digested new data that cast a murky outlook for the U.S. economy. The Labor Department reported that initial claims for jobless benefits fell 12,000 to a seasonally adjusted 631,000 in the week ended May 16. But the number of continuing claims climbed 75,000 to a record 6,662,000 as the unemployed continue to face a challenging job market.

On a more welcome note for U.S. consumers, crude futures took a break from their recent sprint higher, trading down $1.51 at $60.53 a barrel recently in New York.

Heading into the peak demand period this summer, rude prices are trading at less than half their records hit last year. However, constraints in refinery output could yet shock U.S. consumers at the pump in the months ahead. Many plants are still constrained in their ability to churn out more gasoline because they can't get credit to buy additional crude, said Matthew Simmons, chairman of Simmons & Co., a boutique investment bank in Dallas focused on the energy industry.

"A lot of people are focusing on the big inventories we have right now and saying crude is due for a reversal," said Simmons. "But they're overlooking the reasons why the inventories are so high, which are pretty worrisome."
 
Quote from usman88:

@everyone

hold your longs overnight and get 100 cents guaranteed
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From 60.90 at close, we are now at 61.80+ in the european session. I am not done with the call yet. We will break the high and touch 62.95 today regardless of how equities perform
 
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