Attachments: Trading For Those With a 9-5 Job

Trading For Those With a 9-5 Job

#3,441
Jan 30, 2014 10:29am Jan 30, 2014 10:29am

Olu
Joined Jun 2009 | Status: Trend Trader | 6,287 Posts | Online Now

Euro is on the verge of a bid downmove. Hints of QE and deflation can only help this cause

olu

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If you think you can or cannot do it you are correct

#3,442
Jan 30, 2014 10:32am Jan 30, 2014 10:32am

Razi89
| Joined Dec 2012 | Status: Trader | 269 Posts

hi olu.
any idea about natuarl gas?
thanks

#3,443
Jan 30, 2014 2:00pm Jan 30, 2014 2:00pm

Olu
Joined Jun 2009 | Status: Trend Trader | 6,287 Posts | Online Now

Quoting Razi89

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hi olu. any idea about natuarl gas? thanks

Ignored

Hi Razi89
Natural gas made a massive move to the downside today especially the march contract because of warmer weather forcast for next week. The april contract fell too but not as much. Imho this commodity is a buy after the retracement for another move upwards which if I am correct will carry past the recent high. If april falls below 4.200 then a different dynamic is at play

If you think you can or cannot do it you are correct

#3,444
Jan 30, 2014 4:49pm Jan 30, 2014 4:49pm

srt
Joined Dec 2012 | Status: On Life's Path | 2,076 Posts

Quoting Razi89

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hi olu. any idea about natuarl gas? thanks

Ignored

Hi Razi89,
I agree with Olu on nat. gas. It's a buy on a good pullback. The problem right now is all the "hot money" from daytraders in this market because of the big moves recently. Moves of 10% each of the last 2 days is crazy. Best to let it settle down or be a short-term trader & get in & out quickly. I'll be looking to get back in on a spike lower. Could happen with these wild moves now. I'd like to see 4.40-4.45 for an entry.

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#3,445
Jan 30, 2014 5:11pm Jan 30, 2014 5:11pm

srt
Joined Dec 2012 | Status: On Life's Path | 2,076 Posts

Sugar:

Watching this one again. Getting some wide-range days here at an interesting location on the weekly chart.

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#3,446
Jan 31, 2014 4:56am Jan 31, 2014 4:56am

Olu
Joined Jun 2009 | Status: Trend Trader | 6,287 Posts | Online Now

Dollar Index - Will it breakout today?

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If you think you can or cannot do it you are correct

#3,447
Jan 31, 2014 4:58am Jan 31, 2014 4:58am

Olu
Joined Jun 2009 | Status: Trend Trader | 6,287 Posts | Online Now

Quoting srt

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Sugar: Watching this one again. Getting some wide-range days here at an interesting location on the weekly chart. {image} {image}

Ignored

Srt

This baby imho is going towards 10.00. I was looking to sell at 15.50 area. The markets will do what it wants to do though irrespective of what I think

If you think you can or cannot do it you are correct

#3,448
Jan 31, 2014 10:02am Jan 31, 2014 10:02am

Olu
Joined Jun 2009 | Status: Trend Trader | 6,287 Posts | Online Now

Quoting srt

Disliked

Sugar: Watching this one again. Getting some wide-range days here at an interesting location on the weekly chart. {image} {image}

Ignored

Nice strong upmove today. But it would take more than this to call a bottom. People have to bank profits

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If you think you can or cannot do it you are correct

#3,449
Jan 31, 2014 10:06am Jan 31, 2014 10:06am

Razi89
| Joined Dec 2012 | Status: Trader | 269 Posts

Quoting Olu

Disliked

{quote} Hi Razi89 Natural gas made a massive move to the downside today especially the march contract because of warmer weather forcast for next week. The april contract fell too but not as much. Imho this commodity is a buy after the retracement for another move upwards which if I am correct will carry past the recent high. If april falls below 4.200 then a different dynamic is at play

Ignored

thanks sir

#3,450
Jan 31, 2014 10:10am Jan 31, 2014 10:10am

Razi89
| Joined Dec 2012 | Status: Trader | 269 Posts

sir i am short one standard lot of usd/jpy at 102.45 with sl 103 tp around 100 figure.
what your comments please?

#3,451
Jan 31, 2014 10:24am Jan 31, 2014 10:24am

Razi89
| Joined Dec 2012 | Status: Trader | 269 Posts

Quoting srt

Disliked

{quote} Hi Razi89, I agree with Olu on nat. gas. It's a buy on a good pullback. The problem right now is all the "hot money" from daytraders in this market because of the big moves recently. Moves of 10% each of the last 2 days is crazy. Best to let it settle down or be a short-term trader & get in & out quickly. I'll be looking to get back in on a spike lower. Could happen with these wild moves now. I'd like to see 4.40-4.45 for an entry. {image}

Ignored

thanks

#3,452
Jan 31, 2014 1:29pm Jan 31, 2014 1:29pm

srt
Joined Dec 2012 | Status: On Life's Path | 2,076 Posts

Quoting Razi89

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{quote} thanks

Ignored

I guess my impatience got to me.
I entered a bullish option position when nat. gas was down 5% today :-)

#3,453
Jan 31, 2014 4:33pm Jan 31, 2014 4:33pm

trexy123
| Joined Feb 2012 | Status: Trader | 470 Posts

Quoting srt

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{quote} I guess my impatience got to me. I entered a bullish option position when nat. gas was down 5% today :-)

Ignored

Srt I am new to options

which option did you bought and which broker do you use?

#3,454
Feb 1, 2014 5:04am Feb 1, 2014 5:04am

srt
Joined Dec 2012 | Status: On Life's Path | 2,076 Posts

Quoting trexy123

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{quote} Srt I am new to options which option did you bought and which broker do you use?

Ignored

Hi Trexy,

If you're new to options, probably best to do some studying first.
There's many different strategies but I'd suggest starting with just 1-Calls 2-Puts 3-Call Spreads 4-Put Spreads.
After you fully understand these 4, then do some research on "time decay" and "premium".
I could go on & on about what to look for & study but I've probably turned you off already since most just want to trade & not waste time studying. For me, options has been the best thing I've learned in trading/investing. Many "experts" will tell you they're too complicated but you can keep it simple by just focusing on the 4 I've listed.

As for my nat. gas position, that might be held for weeks or I might adjust it if needed so no reason to tell you what I did if you don't know how and when to adjust it if needed.

#3,455
Feb 1, 2014 10:27am Feb 1, 2014 10:27am