"Just Oil"

Chikot posted:
    Only when Mongols invade China again 😁

zuntrader posted:
    oil is goin to 1.50...by end of the year.

jajajaja

I continued trading one of my previous demos for practice purposes.
It's been a murder. 32% up since Friday. Made a ton of pips today. Big leverage but good execution.
240 pips today on demo. about 280 with live. 3 winners 1 loser.
I want to double this demo. currently 42% up.
Today is a great day to trade. Extreme volatility with huge candles gone and there were few nice opportunities both on long and short side. I could have traded live but my goal is steady safe results plus I made decision if I win first trade of the day, I stop trading live and move to demo to keep practice same thing.
One never knows if market would behave like today but opportunities with small risk and high probability are present almost every day. just closed trade around 86.80, it is currently at around 87.00. trend line Hello.

Yep 😉

Considering that China is number one car manufacture now and number one buyer of cars I doubt we ever see $20-30 oil.
Safe really huge economic dislocation.
My opinion is it is pretty stupid to waste such a valuable resource as oil to let 1-2 tons of metal drive around.

zuntrader posted:
    

Chikot posted:
    Only when Mongols invade China again 😁

zuntrader posted:
    oil is goin to 1.50...by end of the year.

jajajaja

Very choppy slow market. i am waiting.

0.32% up. the day is done. shorted first but got stopped. reversed and traded back plus added some.

The most important in trading I believe is patience and self control. It is always necessary to have plan B which I did when went short. Thankfully there was strong signal and momentum reversal, otherwise I would have to wait for second opportunity and as I see now so far nothing as candles are too big again.

Had good long trade for about 60 pips on demo. Demo doing well too. I want to try to double it. so far 47% up.
Obviously leverage is high but stops are in place.

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this is one of my accounts I started trading at the end of February.

Nice pullback long at the 4hr 21....

I see you. Enter 86.70-86.80?

FXraider posted:
    Nice pullback long at the 4hr 21....

Crazy day. had 4 winning trades with up to 35 pips in profit but did not take anything, moved stops and was stopped. this obviously upset me so I made few mistakes and ended day 0.7% down. my first down day in a month. will continue tomorrow.

Traded loss back.

shorted it fromj under 87.00. decided to close evertyhing to bring account back, now if anything nice happens I will try to make another trade.

ok, gotta go so will call it a week. 0.5-0.6% up this week mainly due to not taking profits yesterday. Gotta take what is available when price is that choppy like yesterday.
will continue on Monday.

Demo +49%

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+50.6% on Demo

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wow, it dropped to almost 82.00. Just, well, you never know. Yesterday stick to trade like leech and get kick into ars. Today it goes easy, close for some nice pips and it appears I picked mere 10% of the total move. could have left second half running but psychologically felt it was more important to bring account back to yesterday's balance.

there was more than 500 pips move today and I entered pretty much almost at the top. I noticed yesterday pin bar formed on daily and was watching. But again failed to capitalize. I would have been happy had I picked 100-150 pips today. instead made about 50. It always starts kind of slow and accelerates later.

Great, now you have an excellent chance of losing all the pips you just gained.

You wish. I am not that type that will rush after leaving train.
there is more opportunities almost every day.

FXraider posted:
    Great, now you have an excellent chance of losing all the pips you just gained.

;)