5% - 10% profit per day trading

I entered at 5805 as there were huge lots 200+ at 5800 for buying before the european session which is huge even by nymex standards (reversals happens at such huge buying even in nymex). But then it broke through and I got stopped out at 5790.

However bought again at 5840 and just exited at 5977

 

good call Usman , you truly deserve this as you been preaching this for a week

 

MF global question.

what is the good front end to place orders with MF gloabl accounts
- currently I am using 'CQG trader ' charges $250/month , but have NO 'stop order' , NO 'bracket orders '

- 'CQG professional' has all the capabilities but it is expensive $750/month

- Ninja has all advanced order types. But it seems placing orders with NInja trader for MF accounts, we need to pay additional per order price ( regular Ninja fee of $50/month is ok )

- I am evaluating this one
http://www.ctsfutures.com/index.aspx

I need some front order for order placement with MF ( with reasonable price )with 'stop limit' atleast and prferably ' bracket orders.

@Usman any input here thanks

 

I use manxpress. Old software with old interface but works for me

 

good call usman! too bad i woke up late today argh. are we heading down from 60.00 now? i'm already short just in case, not going to miss a big down move.

 

I believe that we should fall from here now. Currently we are at 5905. I believe 5750 is very much possible.
Touching 6000 was a technical matter. It had to happen because of technical reasons but now with inventory outlook and all the stuff i believe we are gonna fall

 

@IV

can you post pics of CQG trader?

 

CQG trader - it is just DOM tree mainly , DOM tree works good
http://www.cqg.com/Products/CQG-Trader.aspx


advanced one
http://www.cqg.com/Products/CQG-Integrated-Client.aspx

 

I had short at 60 , but closed with small profit much early ..

 

looks like a mini double bottom in oil in the last hour, i'm on the sidelines, if we get close to 60.00 i'm going to short.