Recent content by htp80

I trade oil futures all day, every day. I work off 1 minute charts as they present a handful of great low risk high reward trades. Like any contract though its not the only way to trade as I guy I work with trades off the 60min chart and takes a huge number of points. My advice, don't be put...

Too true....it is all about the cash. Cash is king in this game and the more you have in the more you are going to make which I guess is where the % / month comes into it

yep and the monkey who hits 1000000000% a month will sit quietly and eat a bannana while all the other monkeys will cause a riot chimping and chomping it can't be done, never, ever, not in a million years

Hi all, I feel the arguement that spreadbetters and DMA traders who work on their own account can't make an absolute killing each calender month gets far too many column inches. I'm baffled by it to be honest as it is more than possible to build up a small account into a substantial sum of...

Didn't quite get to my 71 level. Turned at 63 which is just over the 50% retracement from yesterdays high / low. So still on sidelines. Interesting to see how it reacts at 5820 support. Dow heading south so could see a break. Either way out untill Monday.

I work with the same timescales. I have a 4H aswell for swing trades. Missed the bounce from 5821. Won't be interested again until price hits 5871 / 73 when I'll be keeping an eye out for a short depending on how the Dow is performing. Good thread Guys.

made a couple of points on the way up this morning. but missed out on the pullback to 5990. cant see much happening now untill US open.

well done. has been a decent day so far. making money on the way down and on the way up. don't have any positions open at the moment but feel there is probably one more trade left in the day yet.

its not doing much at the moment. I'm waiting to see if it breaks 5990 before I make my next move. if it doesn't then long at 6000 sounds good as I still think this sell off is a little bit overdone.

scrap that. I'm went short at 6012 and closed for 14 pts. now out and waiting for further direction.

morning. providing the early trade doesn't throw up any surprises l'll be going long this morning on the ftse aiming for 6040 - 6050.

i missed this post. you could have caught it just right.

if the Dow sees a strong finish I'm long right from the word go tomorrow morning. this sell off looks overdone in my view. this was your target area or very close to it...do you fancy it?

nice few points....im too waiting for the bounce.

morning, went short at 6080 and closed 6055. I favour a move down over the next few session towards the levels you were talking about although not totally convinced. Have you closed your short yet?