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nAVIN2007 Apr 5, 2010 11:11am | Post# 5981

lol
dunno if he meant it that way but it sure sounded like it!
how you doing bro
Im good bro! ..just trying to figure out if this cable is gonna go to 1.50 first b4 it takes off!!..might just go up!!..this whole non farm and easter its difficult to judge

wormboy Apr 5, 2010 11:20am | Post# 5982

Euro Dollar Trade Update
 
EurUsd

1.short @3522 sl @NA (0.2)

Closed partial

EurUsd

1.short @3522 closed @3491 (0.1)

Remaining stop amended.

EurUsd

1.short @3522 sl @3518 (0.1)

wormboy Apr 5, 2010 11:22am | Post# 5983

Im good bro! ..just trying to figure out if this cable is gonna go to 1.50 first b4 it takes off!!..might just go up!!..this whole non farm and easter its difficult to judge
yea .. fed anouncing discount rate later too. I'm playing it safe today. We remembered what happened the last time

wormboy Apr 5, 2010 11:28am | Post# 5984

Euro Dollar Update
 
1 Attachment(s)
Okay .. classic trap earlier, markup towards dp only to ram it back down towards supp level. Let's see what happens here..
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Size: 25 KB

wormboy Apr 5, 2010 11:32am | Post# 5985

Euro Dollar Trade Update
 
Closed partial

EurUsd

1.short @3522 closed @3491 (0.1)

Remaining stop amended.

EurUsd

1.short @3522 sl @3518 (0.1)

Remaining Trade closed

EurUsd

1.short @3522 closed @3472 (0.1)

wormboy Apr 5, 2010 11:41am | Post# 5986

Euro Dollar Update
 
2 Attachment(s)
Okay we'll stop trading here & wait for a breakout on the HTF. Current price on the H4 is threatening to breakout south with the ltl breach & H&S neckline test. We'll only take the trade when price clear the levels cleanly.
Good luck to all.
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Size: 25 KB
Click to Enlarge

Name: eu4b.gif
Size: 23 KB

shr5 Apr 5, 2010 11:42am | Post# 5987

Remaining Trade closed

EurUsd

1.short @3522 closed @3572 (0.1)
good one

wormboy Apr 5, 2010 11:43am | Post# 5988

good one
Thank you ali. Hope you've had a good trading day

Indeskey Apr 5, 2010 11:44am | Post# 5989

Good trade WB...

I'm sorry to interrupt, do you have some vision about usd/jpy? where this goes?

I'm hold a short @ 93.76 (0.1), better it closed or open?

Thanks for your advise...


Rengats,
Indeskey

shr5 Apr 5, 2010 11:47am | Post# 5990

Thank you ali. Hope you've had a good trading day
hmm...the usual 2 bad and 3 good....all in all couple of pips in the bag so am happy what's your opinion about GU? does it seem to be following in EUs footsteps means was it a false break upside?

wormboy Apr 5, 2010 11:56am | Post# 5991

hmm...the usual 2 bad and 3 good....all in all couple of pips in the bag so am happy what's your opinion about GU? does it seem to be following in EUs footsteps means was it a false break upside?
Good good. Keep it up

Cable imho is still in uptrend. And earlier we saw price test dp @5222, but was heavily defended, so I am a bit hesitant to short from here, matter of fact if positioning, I'll only short below 5170. The H4 is indicating there is a possibility that a double top formation is in progress. Time will tell, I am merely speculating that it is.
If assuming price do not get closer to dp by today's close, I will contemplate on buying. Will stay flat tho for now, not going to even scalp this.

shr5 Apr 5, 2010 11:59am | Post# 5992

Good good. Keep it up

Cable imho is still in uptrend. And earlier we saw price test dp @5222, but was heavily defended, so I am a bit hesitant to short from here, matter of fact if positioning, I'll only short below 5170. The H4 is indicating there is a possibility that a double top formation is in progress. Time will tell, I am merely speculating that it is.
If assuming price do not get closer to dp by today's close, I will contemplate on buying. Will stay flat tho for now, not going to even scalp this.
ok cool enough......lot of trading took place around 1.5250-65 area on thursday as well as friday though it was pretty low when it came to volume......so i guess any break below that level could touch the dp otherwise your double top seems the likely way around it....but ofcourse only time will tell....watching it from the sides as well

wormboy Apr 5, 2010 12:45pm | Post# 5993

Good trade WB...

I'm sorry to interrupt, do you have some vision about usd/jpy? where this goes?

I'm hold a short @ 93.76 (0.1), better it closed or open?

Thanks for your advise...


Rengats,
Indeskey

hi indeskey.

looks like a bad trade there sorry. i would've sold only at the break of 93.65 ... your silver lining is that currently it is a bearish day for uy, so you might still be able to come out with this still with little damage or none at all.
I would ask you to close your trade but, since it does look toppy toppy .. I won't. Depending on your risk tolerance tho, if you can handle the drawdown, just put your stop at 94.70 and trail it for 20 pips.
However, if you're expanding your margin by doing so, I suggest you kill the trade. Your decision mate. I wish you good luck

wormboy Apr 5, 2010 1:14pm | Post# 5994

Written by Jamie Coleman
April 5, 2010 at 16:18 GMT

"MNI’s Steve Beckner, one the most-followed Fed-watchers in Washington, says the FOMC won’t raise the discount rate today nor anytime soon, for that matter…"


---------------------------------------------------------------------------------------


Okay, guess no show today. I'm outta here. Trade safe everyone!

wormboy Apr 5, 2010 7:33pm | Post# 5995

Cable Trade
 
okay good morning

back to original plan. we're buying cable.

GBPUSD

1. long @5303 sl @5175 (0.2)

wormboy Apr 6, 2010 4:46am | Post# 5996

Cable Trade Update
 
okay good morning

back to original plan. we're buying cable.

GBPUSD

1. long @5303 sl @5175 (0.2)

Trade stopped out.

GBPUSD

1. long @5303 stopped @5175 (0.2)


what a mess .. thought they'd wait at least till london to go crazy

Denefx Apr 6, 2010 5:47am | Post# 5997

Trade stopped out.

GBPUSD

1. long @5303 stopped @5175 (0.2)


what a mess .. thought they'd wait at least till london to go crazy
sorry to hear about ur loss.. i believe u'll make it up in no time though..

wormboy Apr 6, 2010 5:52am | Post# 5998

sorry to hear about ur loss.. i believe u'll make it up in no time though..
thanks dene, it happens. but ruginya tidur hari ni! cess

Denefx Apr 6, 2010 6:01am | Post# 5999

http://www.forexfactory.com/showpost...postcount=5913

so far so good.. here's the update for euro.. not yet violate my earlier analysis..

http://i42.photobucket.com/albums/e3...Apr10-01-1.jpg

Denefx Apr 6, 2010 6:03am | Post# 6000

thanks dene, it happens. but ruginya tidur hari ni! cess
hehehhee.. lesson learnt i guess.. tak elok tido siang hari..


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