Would expect things to slow a tad now and maybe even go south for awhile.Hangman candle,RSI overbought.....Good enough for me to start running.

No Cobra unfortunately never invested, money tied up else where.

Would though be looking purley at a Stoch Momentum index for signs of overbought on a daily chart.Suspect could go a tad higher before a rest.But hey if your in why not take some profits!

Would of proven quite a nice trade over a relatively short time frame.

Well we got the push,to where expected..

Did have a pause along the way,but got there all the same!

I don't really have a problem with them (CMC) as their the only one I've tried so far. I have read on reefcap above that Etrade may be offering CFD's sometime soon, so will wait to see what they offer.

As for CMC, you are not only pitting your skills against everyone in the physical market but also against CMC themselves, from what I have read so far. This doesn't bother me, as it's good to beat them at their own game. I only have a small portfolio with them to test the waters with CFD's. I do have reservations though about the security of my funds when not invested in a trade. From what I've read, most CFD providers have a consolidated account for their clients, and that they don't gaurantee your money. Anyone else read this?.

Owen

Lots of indepth write ups regarding CMC

http://www.reefcap.com/ubb/Forum56/HTML/000028.html

just get the feeling that there skimming and there prices are not a direct follow of the physical market.

I,m led to believe some do,but as you say brokerages may be more,but when a quoted price is better and your not getting it,due to the discrection of CMC.Pisses me off.

Think MAN Financial might be better ,also is Maquarie now or thinking of doing a similar thing in regard to CFD,s.

Maybe someone can elaborate more,as i,m a woffler on such things.

I to am with CMC and trade in CFD,s

Not that i would recommend CMC.

What exactly do you do with etrade.Is this just straight buying selling shares?

CFD,s pretty cool though hey!.

Decan,
If it's not a rude question, what derivitives are you trading at the moment (from your other post). I'm with Etrade (Etrade Pro platform), but have currently started to dabble with CFD's (Contracts For Difference) with CMC Group.

Cobra

I,m not a financial adviser and this isn,t a buy recommendation,but seems like we are all a bit chicken to go out on a limb with a potential mover.So with all that said and a very high probability of this security doing the complete opposite.....here goes.

Looking for support at bottom horizontal blue line,around 8.51,with resistance at top blue line 9.00.

Go long if support holds, or if breached could bounce at around 8.20, bottom diagnol line.

Good luck!..