[INTRA-DAY ACTION]
That's a week without a post. Been papering the markets past few days, doing quite well. Tending to trade gold and crude futures and a lot of JPM, POT, RIG, USD/JPY, EUR/USD and a couple of random stocks like KFT and TYC. Basically just typing in random tickers and taking it from there, it's quite fruitful as my eye is really in at the moment so I can tell quickly if there is a trade on or not. Setting a lot of alerts and using limit orders to scale in is working quite nicely too.
RIG is a powerhouse at the moment, has done nothing but climb all day as crude formed a nice base earlier. If it takes out $63 it will look pretty decent on the daily. This trade has been a long time in the making but there have been countless entry signals over all the timeframes I check out.
Current range for RIG at the moment is $63-$55. Looking for a break over this consolidation range a solid supportive base to form around $63.
Chart looks promising with a pullback today to the crossing moving averages. Hopefully we keep going.
Being in scalp mode for the past few weeks has really sharpened my brain up, and I'm doing a good job of keeping my profit loss ratio per trade at around $5:$1.
Also this week I got a BlackBerry Storm. They are highly recommended and I I'll maybe buy some RIMM soon. It does almost anything. I was gonna buy a new iPod, always wanted SatNav and everything else that goes with it. Free unlimited texts and mobile internet at £5 less per month than my current pay as you go rate. Value.
RIG is a powerhouse at the moment, has done nothing but climb all day as crude formed a nice base earlier. If it takes out $63 it will look pretty decent on the daily. This trade has been a long time in the making but there have been countless entry signals over all the timeframes I check out.
Current range for RIG at the moment is $63-$55. Looking for a break over this consolidation range a solid supportive base to form around $63.
Chart looks promising with a pullback today to the crossing moving averages. Hopefully we keep going.
Being in scalp mode for the past few weeks has really sharpened my brain up, and I'm doing a good job of keeping my profit loss ratio per trade at around $5:$1.
Also this week I got a BlackBerry Storm. They are highly recommended and I I'll maybe buy some RIMM soon. It does almost anything. I was gonna buy a new iPod, always wanted SatNav and everything else that goes with it. Free unlimited texts and mobile internet at £5 less per month than my current pay as you go rate. Value.
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