Trading The Bars

[sagarkapoor]

Hi Engel,

Here Is A Snapshot Of Crude Trades Yesterday...If Internet Hadn't Died On Me Last Evening....Perhaps The Profit Would Have Been...A Lot More...But Squared Them Today When Internet Started....There Is Many More Trades Than Is Visible In The Snapshot But Image Would Have Been Very Big

1 Lot Of Crude, Margin Is $2000....Most Of The Trades Are In Multiples Of 5 Lots



Happy & Safer Forex

SavantGarde

Holy crapozoids thats some cool dough you made there bro ... raining $$$'s :thumb:
Get a backup data card connection Savant bhai won't cost that much and will be a good backup .... you're already making a killing trading FX and Crude

 

[Old Monk]

Hi Savantji,

How do I open an account to trade crude. Who is the broker to approach.

Regs
Monk

 

[SavantGarde]

Hi Monk,

My Accounts Are In U.S & Elsewhere...But Not In India.

If For Some Reason You Are Unable To Open Account Outside India....Then Perhaps You Will Need To Look Into MCX Or NCDEX To Trade Crude...
But Don't Know Have Much About These Exchanges.

Happy & Safer Trading

SavantGarde

Hi Savantji,

How do I open an account to trade crude. Who is the broker to approach.

Regs
Monk

 

[Old Monk]

Thanks Savantji,

I do have access to US markets via my UK accounts.and i also have an account with Oanda for FX. Please advice on crude market.

Regs
-Monk

 

[SavantGarde]

Monk,

Some FXCMs Offer CFD, Metals & Crude In A Single Account...So Please Check With OANDA.....Cause I Am Not Familiar With Them....Check The IB Site....They Offer....As I Have Seen Their Ads.

CRUDE.....I Presume You May Have Seen The Screenshot Posted Here, Was Only My 4th Trade....I Normally Don't Enter Crude.....Unless & Until I Feel It Would Be A Crime Not To Enter.... Basically...Entries Are Based On Minor Support, But Usually Major Supports Is What I Am More Comfortable....Cause From What I Have Noticed....Is That Very Very Big Players Including Sovereign Fronts (OPEC & NON-OPEC) Are Involved...In Crude Trading...To Maintain Some Amount Of Price Control....Therefore It Is Quite Easy & Quite Risk Free To Take The Trades...When Major Support Is Momentarily Violated.

I Am Taking The Liberty To Answer Something You Posted About Your Investment In The Other Thread....

Your Idea Of Riding The Trend Till It Lasts.....Is Absolutely Perfect....It Is The Same For Me....

Since I Trade Futures Only...I Find Trading NF, BNF & Stock Futures More Comfortable....Perhaps More Rewarding.

For Example I Have Positions In NF From 12th March Onwards....I Think It Was At 2598.00

Coming To Your NF....Position......I Don't Think You Are Easily Swayed By Some Volatility....Therefore Maintain Your Position...I Don't Think You Have Any MTM Issues Either...Therefore No Worries, There Is A Thread Of Mine Nifty Intraday Pivot Points....In Day Trading Section You May Find It Of Some Interest...

Happy & Safer Trading

SavantGarde

Thanks Savantji,

I do have access to US markets via my UK accounts.and i also have an account with Oanda for FX. Please advice on crude market.

Regs
-Monk

 

[Old Monk]

Hi LT,

Yes It Is MT4 & I Have CFD, Crude, Metals Besides Currency On The Same Account

Happy & Safer Forex

SavantGrade

Hi Savantji

I would love to have something like this. Currently my FX is on oanda and CFD is with IGG. I would if you could be of help

Regs
-Monk

P.S. I like your nick name - I guess it is S Avant Garde. Btw - Are you from design background.

 

[Old Monk]

Thanks for the response Savantji,

I think our post crossed wire.

Regs
-Monk

 

[SavantGarde]

Monk,

You Are Right About The Nick Name....There Is A Bit More Though, Many Just Mistake It For A Maharashtrian Name....Sawant....

Let Me Check For UK FXCMs Offering All-In-One & If You Are Very Active With FX....I Don't Know Know If OANDA Is Offering ECN Or Not...

Yes Very Much From Design & Architectural....Background...But Not Anymore, Cause I Am Not Good At The Financial Part Of Things....& Terrible At Following Up Money Owed To Me...Made Me Feel I Am Begging For My Own Money....That Was The Reality Of Things...Lived & Thought Perhaps If I Am Delivering My End Of The Bargain In Time Or Before Time....I Wouldn't Have Trouble With Receivables.....But Wasn't The Case In Reality & Learnt It All Through Very Trying Times....

Happy & Safer Trading

SavantGarde

Hi Savantji

I would love to have something like this. Currently my FX is on oanda and CFD is with IGG. I would if you could be of help

Regs
-Monk

P.S. I like your nick name - I guess it is S Avant Garde. Btw - Are you from design background.

 

[engel]

Yesterday went short in gbpusd twice earn a total of 356+ points,shorted usdchf/eurusd earn 36+ points,Went long on eurusd & earned 29+ points.

 

[Old Monk]

"You Are Right About The Nick Name" - For once in life I was right.

"Let Me Check For UK FXCMs Offering All-In-One" - Thank you very much Savantji.

"If You Are Very Active With FX....I Don't Know Know If OANDA Is Offering ECN Or Not..." - Currently not very active but have moved some decent funds to the account after disolving my long team protfolio. Pardon my ignorance - I don't know much about ECNs

"Yes Very Much From Design & Architectural....Background..." - uhmm. I've had my share of fun during those 5 years and still have some vivid memories of those NASAs that I attended.

Regs
-Monk