no need for a lot of money 2 k in oil futures would have given 12.5 k return in under a week
Cable Update (GBPUSD)
- #143,741
- Jul 7, 2009 12:45pm Jul 7, 2009 12:45pm
- #143,742
- Jul 7, 2009 12:55pm Jul 7, 2009 12:55pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #143,743
- Jul 7, 2009 12:56pm Jul 7, 2009 12:56pm
- Joined Dec 2008 | Status: Conservative | 2,112 Posts
- #143,744
- Jul 7, 2009 1:01pm Jul 7, 2009 1:01pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
not necessarily .. if you have to open 2-3 trades to get it right, you arent buying or selling at the right price levels
Ghost Rider - WWTBMD?
- #143,745
- Jul 7, 2009 1:07pm Jul 7, 2009 1:07pm
you`re right... oil is really very lucrative... It flows and you know where it`s going... But people like me often get tempted to over leverage it and blow accounts
- #143,747
- Jul 7, 2009 1:13pm Jul 7, 2009 1:13pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
Ghost Rider - WWTBMD?
- #143,748
- Jul 7, 2009 1:14pm Jul 7, 2009 1:14pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Easy to say after the fact, you'd of likely tried 4 times before and lost your 2K on every occasion.
actually hit it with 4 contracts 69 ... got a touch of draw down but not much
lol.... you not been reading my posts. I do not post if i have no clue what is going on. Do you really think i am the kind of trader that throws money away ?
also look at
told the guys over at vsa forum oil short at 71 when it was 71
http://www.forexfactory.com/showthre...95#post2843695
then look at
Blogging daily now at www.volume.zone
- #143,750
- Jul 7, 2009 1:18pm Jul 7, 2009 1:18pm
Matching Friday's looses of 2%. Dow closed below previous resistance at 8200. Cable needs to get on with the program and drop already 
I am short at 1.6142. I am seeing this thing grinding down towards 1.59 over the next few days. Not a violent drop, just a "dragging of the feet" drop. I have been stopped out many times in recent days, mostly at BE, so I would not be surprised if it goes up just enough to run my stop. Overall bearish bias. Sell rallies as long as below daily 21EMA ( now 1.63060). Currently trading at 1.6135.
I am short at 1.6142. I am seeing this thing grinding down towards 1.59 over the next few days. Not a violent drop, just a "dragging of the feet" drop. I have been stopped out many times in recent days, mostly at BE, so I would not be surprised if it goes up just enough to run my stop. Overall bearish bias. Sell rallies as long as below daily 21EMA ( now 1.63060). Currently trading at 1.6135.
- #143,751
- Jul 7, 2009 1:20pm Jul 7, 2009 1:20pm
- Joined Apr 2007 | Status: HARD SHYT SCUBA TRADER | 20,886 Posts
Blogging daily now at www.volume.zone
- #143,752
- Jul 7, 2009 1:24pm Jul 7, 2009 1:24pm
- Joined Mar 2009 | Status: Trader | 25,480 Posts
thanks albchr, i learnt for sometime frm babypips..
i was hoping to find a more detailed website abt trend identifying kinda thing..
hmm.. i guess its all down to getting more experience on the real market..
Ghost Rider - WWTBMD?
- #143,755
- Jul 7, 2009 1:36pm Jul 7, 2009 1:36pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
are we there yet? 
Thank You 
[IMG]file:///C:/DOCUME%7E1/ADMINI%7E1/LOCALS%7E1/Temp/moz-screenshot.jpg[/IMG][IMG]file:///C:/DOCUME%7E1/ADMINI%7E1/LOCALS%7E1/Temp/moz-screenshot-1.jpg[/IMG][IMG]file:///C:/DOCUME%7E1/ADMINI%7E1/LOCALS%7E1/Temp/moz-screenshot-2.jpg[/IMG]My point of view is that the price will go up because of divergence on M30.
Do you agree with me?
Do you agree with me?
- #143,757
- Jul 7, 2009 1:39pm Jul 7, 2009 1:39pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
are we there yet?
nice viagra.
MY OPINION NOT FINANCIAL ADVISE
- #143,758
- Jul 7, 2009 1:40pm Jul 7, 2009 1:40pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
Thank You
- #143,759
- Jul 7, 2009 1:41pm Jul 7, 2009 1:41pm
- Joined Jan 2009 | Status: bye FF | 8,806 Posts
I am a student of Malcombs he is amazing at vsa and has become more and more proficient at his calls. (I consider him a mentor) There are some very good traders here and he is definitely one of them.
here u are i've been looking all over 4 u MY OPINION NOT FINANCIAL ADVISE
- #143,760
- Jul 7, 2009 1:42pm Jul 7, 2009 1:42pm
- Joined Jan 2009 | Status: Not bothered. | 18,084 Posts
why dragon keep pushing this thing..
nice viagra.
Thank You