Well done mate! I didnt wnat to take the risk of holding overnight as theres no way of knowing what the chinese will do with it. Im gna be going dentist tomorrow morning for surgery, and then gna go london to buy some more aftershave form the armnai shop, but will set a sell order in place to take the top of any spikes or peaks. I wont be too disappointed if i dont get filled at all tomorrow though, as i now just gna focus on making less trades, but really taking the top of peaks hard. Like today when we had that ridiculous spike, i so soo much wantd to just smash the fuk out of it, but i was already tiedup with £4 sells, so didnt bother. Would have been an extremely easy 200ticks though.
Jakker if youstill in that long id strongly advise you to close it now mate, or atleats just scale it down to £1 tick. Its cos look at the fxs today... Dollar had its strongest gain ever today against all pairs. Over 700pips stronger against aud.., yet oil barely fell $4s! Thats why i cashed out early n didnt hold overnight, cos when oil ignores that kinda fall + the dow 1000+ crash in 2days and below 10k, ftse biggest crash ever, you know that oils been oversold, and there are now buyers waiting for any excuse to buy back into the market, and sellers not selling but just waiting for the bounce. (Oils already up 50cents+ so far, not sure where you got in though). And if you check teh fxs they are all now pulling back against the dollar overnight...., and BANG!! thats the excuse the buyers are gna be using to buy back into the market. Its your own cash, and so you should only listen to your own judgement mate... But i just bet that if you wait till market opens and let some bounce come back in from the dollar weaking, then you can hit oil from above $90 and so earn over the 90-88 again!
closed most of it out for ã100 or so profit. Still holding a small short which is losing a few hundred, but gonna wack on a massive short when I think the time is right
:eek: :eek: How can you take such big risk when that is all the money you have in the world and this is your fultime career now?? :eek: lol (Ive tried to cut down on my risks because i was nearly heading for heart attack!) You got your sell in above or below the 89.52 level mate?? (Cos thats a very big level). And the gains we seeing in oil today are because; The fxs have strengthened alot against the dollar for the 1st time in months, because we have now over-used the 'demand destruction of the credit crisis' fear, and now that fear has been replaced with hope that the banks/fed are gna cut interest rates this week or next. + the liybian oil minister + a few others are all now saying they gna cut oil output, and cos the winter coming. I gna wait till we get the inventory numbers tomorrow, see what the reaction is, and then sell off that depending on the reaction and all the other factors. Dont think i will be getting a sell in before the 94.26 huge level, which i do think we likely could see tomorrow. But that will be great cos i get to redo yesterday's £1000+ again!
no risk mate I tihnk we've both proved how easy this game is! PS - Latest oil short is currently making me ã272 Wanna start making a few grand a week!!
This thread is brilliant. It should be made into a sitcom...Fucking Ace Trading inc. Who would we get to play Spanny and Jackeroo, suggestions?
LOL I wouldn't say its ''easy'' to learn, but once you workedout how to consistently earn this much its easy as long as you dont get too greedy, and stay patient. Nice trading though. That £2 sell order from 91.66 would have made me quite a lot.., but im happy with myself for taking today off ans sorting out other stuff.