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wormboy May 4, 2010 7:30pm | Post# 6501

Euro Dollar Trade Update
 
Stop amended.

EU

1. long @3078 sl @3010 (0.5)

Trade stopped out.

EU

1. long @3078 stopped @3010 (0.5)

wormboy May 4, 2010 7:32pm | Post# 6502

Dragon Trade Update
 
GBPJPY

1. long @143.25 sl @142.50 tp @144.30 (0.5)

Trade closed

GBPJPY

1. long @143.25 closed @143.26 (0.5)

wormboy May 4, 2010 8:00pm | Post# 6503

Dario thought I was playing ...
 
cable going to 1.7
It's not an overnight target, but it's already printed on the charts, so depends on how you trade.
If you trade the ltf, my opinion will mean nothing. It's more of a long term positioning.

Good luck with your trading.

"they" see it too now ....

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

Sterling on the cusp of a big move

Written by Sean Lee
May 4, 2010 at 23:33 GMT

"Ive just had a chat with a professional trader friend of mine whos been trading cable at major institutions for over 30 years. He feels that the cable is due for a major move and he thinks it will be up. His arguments are that if some major selling was going to emerge it would have done so by now. The weak EUR has dragged cable lower but the EUR/GBP cross has fallen also and is now below important support at .8600. Once the election is out of the way, he feels that a big rally back towards 1.57 is possible, especially if the Tories come close to an absolute majority."

wormboy May 4, 2010 10:18pm | Post# 6504

Cable Trade
 
1 Attachment(s)
po triggered.


GBPUSD

1. long @5128 sl @4975 (1.0)
Click to Enlarge

Name: gu8.png
Size: 47 KB

wormboy May 5, 2010 4:32am | Post# 6505

Cable Trade Update
 
po triggered.


GBPUSD

1. long @5128 sl @4975 (1.0)

Trade closed

GBPUSD

1. long @5128 closed @5140 (1.0)

wormboy May 5, 2010 5:07am | Post# 6506

Cable Trade
 
Trying again with small position. Ltf had closed above day open

GBPUSD

1. long @5158 sl @5080 (0.2)

albchr May 5, 2010 5:36am | Post# 6507

Trying again with small position. Ltf had closed above day open

GBPUSD

1. long @5158 sl @5080 (0.2)
Hey Buddy. Congrats on your first GU trade. Still holdoing mine but.. ..LOL

http://www.forexfactory.com/showpost...postcount=1305

dario1002 May 5, 2010 5:57am | Post# 6508

Come on wormie.... go long with all your house on 1.5163 so that we can break this today pivot!!! what u waiting for???

wormboy May 5, 2010 5:59am | Post# 6509

Hey Buddy. Congrats on your first GU trade. Still holdoing mine but.. ..LOL

http://www.forexfactory.com/showpost...postcount=1305
That's my second gu trade today bro. I closed one earlier from the morning entry. I got 140 bucks! Yipeeeeee
Small consolation after the hammering i took yesterday lol

wormboy May 5, 2010 6:00am | Post# 6510

1 Attachment(s)
Come on wormie.... go long with all your house on 1.5163 so that we can break this today pivot!!! what u waiting for???

I have a small house, might not be enough to push cable

Here are the levels I'm working from for cable.
Click to Enlarge

Name: gum5.gif
Size: 33 KB

albchr May 5, 2010 6:07am | Post# 6511

That's my second gu trade today bro. I closed one earlier from the morning entry. I got 140 bucks! Yipeeeeee
Small consolation after the hammering i took yesterday lol
My bad brother... I wasn't up for your first one. We had a nice 34 restart here in Michigan and I've been catching up on some much needed sleep.

Waiting on dispatch to give us another load and then it's off to Texas most likely so I'll be scarce on the forum while on the road again.

wormboy May 5, 2010 6:09am | Post# 6512

My bad brother... I wasn't up for your first one. We had a nice 34 restart here in Michigan and I've been catching up on some much needed sleep.

Waiting on dispatch to give us another load and then it's off to Texas most likely so I'll be scarce on the forum while on the road again.

what's a 34 restart bro?

albchr May 5, 2010 6:27am | Post# 6513

1 Attachment(s)
what's a 34 restart bro?
After pushing so hard for 3 weeks out here long haul trucking across the USA, you need to take a break to get things in life taken care of like laundry and such and get some rest after not much sleep. So we take 34 hours before pushing on again.

See, my dog Shadow made all those bad calls yesterday. See how embarrassed he looks?
Click to Enlarge

Name: Whoops.gif
Size: 104 KB

dario1002 May 5, 2010 6:37am | Post# 6514

After pushing so hard for 3 weeks out here long haul trucking across the USA, you need to take a break to get things in life taken care of like laundry and such and get some rest after not much sleep. So we take 34 hours before pushing on again.

See, my dog Shadow made all those bad calls yesterday. See how embarrassed he looks?

WOW.. that picture is very cool
tell your dog that it's ok to have a crappy day

wormboy May 5, 2010 8:03am | Post# 6515

Cable Trade Update
 
Trying again with small position. Ltf had closed above day open

GBPUSD

1. long @5158 sl @5080 (0.2)

Trade closed.

GBPUSD

1. long @5158 closed @5124 (0.2)

wormboy May 5, 2010 8:05am | Post# 6516

Cable Trade
 
Reversed

GBPUSD


1. short @5124 sl @5190 (0.2)

Lucky Duke May 5, 2010 8:26am | Post# 6517

hi Wormboy

Thanks for your great thread! I learn a lot from reading your posts.

Is it OK if I ask questions sometimes?

wormboy May 5, 2010 8:44am | Post# 6518

hi Wormboy

Thanks for your great thread! I learn a lot from reading your posts.

Is it OK if I ask questions sometimes?

Hi lucky thank you for the kind words.
It's okay to ask questions, I'll promise to reply if I know the answer. If I don't know the answer, I'll try to get someone who knows to answer

Welcome to the hole!

wormboy May 5, 2010 8:48am | Post# 6519

Cable Update
 
1 Attachment(s)
Chart below is an update from the one posted earlier.
Shows why I reversed my long trade to short.
I've had one whipsaw special today, I hope this falls straight down the toilet & only come back up after the election.
That 500 pips down I was telling dario about yesterday would be nice too
Click to Enlarge

Name: gum5.gif
Size: 34 KB

wormboy May 5, 2010 9:01am | Post# 6520

EURO!!
there's no end to the fall is there?
I'm beginning to see 2008 playback lol


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