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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #141
  • Mar 10, 2009 6:59am Mar 10, 2009 6:59am
Double top at the 141.50 resistance zone..

I believe the PA will PB to the 38.2 % retracement (133.00 area)

IMHO


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  • #142
  • Mar 10, 2009 7:00am Mar 10, 2009 7:00am
I hope my setup workout..." Patience"



Quoting wormboy
rgitt05 sounds good to me those level you mentioned. Pending order right up that alley.
Hey belekas, what's up!
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  • #143
  • Mar 10, 2009 7:08am Mar 10, 2009 7:08am
Lets see what Bernanke has to say in 20 mins time.
Probability Professor
  • #144
  • Mar 10, 2009 7:10am Mar 10, 2009 7:10am
Quoting rgitt05
Double top at the 141.50 resistance zone..

I believe the PA will PB to the 38.2 % retracement (133.00 area)

IMHO


Quoting wormboy
... The trendline on my 6hrly was already broken yesterday & I took the trade @137.22 [email protected].
And as usual my sl will be amended once price closes below 135.5 & will look to tighten as we near the 133.25 support. I will bail on the first sight if things get ugly
(Post #129)

. Now that's living proof when I said technicalities in trading is only 10% of the works. Look, two different methods, but both looking at the same target. Always makes me wonder how some traders let themselves sucked into the most subjective matter in trading & keep looking for the "best" trading system
Btw, nice one mate.
Thank You
  • #145
  • Mar 10, 2009 7:12am Mar 10, 2009 7:12am
Cool thread, WB.

I have just one question. How have you managed to fill up 10 pages of a thread with analysis, when your analysis consists of short, sell and bear?
  • #146
  • Mar 10, 2009 7:15am Mar 10, 2009 7:15am
no change in me view still long cable and geppy and euro short yen
"Millionaires don't use astrology, billionaires do"
  • #147
  • Mar 10, 2009 7:16am Mar 10, 2009 7:16am
Bahahaha, daffy thanks mate. Welp, to be fair I didn't do it on my own.
Most guys here saw the same thing
Okay, be back later. Dinner.
Thank You
  • #148
  • Mar 10, 2009 7:16am Mar 10, 2009 7:16am
Too bad the account are not the same...




Quoting wormboy
(Post #129)

. Now that's living proof when I said technicalities in trading is only 10% of the works. Look, two different methods, but both looking at the same target. Always makes me wonder how some traders let themselves sucked into the most subjective matter in trading & keep looking for the "best" trading system
Btw, nice one mate.
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  • #149
  • Mar 10, 2009 8:27am Mar 10, 2009 8:27am
most probable 1 hr bear flag being built atm

today is only a sell day, tomorrow a sell short day, i expect more of a rally, definately buyin or allowing them to be buying while they sell into i, or reverse that buying into the selling cheap. flip a coin, cuz until that channel breaks true intentions are somewhat cloudy

in terms of EW appears to be a W4 with 5 to come lower

covered cable longs for now, will buy longs cheaper
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"Millionaires don't use astrology, billionaires do"
  • #150
  • Mar 10, 2009 8:33am Mar 10, 2009 8:33am
Quoting OrionsWay
most probable 1 hr bear flag being built atm

today is only a sell day, tomorrow a sell short day, i expect more of a rally, definately buyin or allowing them to be buying while they sell into i, or reverse that buying into the selling cheap. flip a coin, cuz until that channel breaks true intentions are somewhat cloudy

in terms of EW appears to be a W4 with 5 to come lower

covered cable longs for now, will buy longs cheaper
I would have to totally agree with you there, on all points.
Probability Professor
  • #151
  • Mar 10, 2009 9:10am Mar 10, 2009 9:10am
just covered euro longs, prolly test lower channel again, since we have already moved to our 3 day rally point overnight from yesterdays buy day lo point


arrrrg seems my lack of patients may have got the better of me in cable, oh well life for another day


trading and women much alike, never chase them, if its meant to be it shall come to you, if not hunt it down and kill it LOL
"Millionaires don't use astrology, billionaires do"
  • #152
  • Mar 10, 2009 9:20am Mar 10, 2009 9:20am
It seems YM and ES place a bottom in near term maybe mt also
"Millionaires don't use astrology, billionaires do"
  • #153
  • Mar 10, 2009 9:26am Mar 10, 2009 9:26am
Quoting OrionsWay
just covered euro longs, prolly test lower channel again, since we have already moved to our 3 day rally point overnight from yesterdays buy day lo point


arrrrg seems my lack of patients may have got the better of me in cable, oh well life for another day


trading and women much alike, never chase them, if its meant to be it shall come to you, if not hunt it down and kill it LOL
That's true. Sofia might beg the differ tho
I agree with you regarding cable tho, funnily enough that 15m channel I posted a few hours ago is still valid. I think cable will reveal the direction once that channel breaks. Hope she breaks where my po is tho lol
Dragon just won't roll over and die will it. Bugger, never thought trading this beast will be such a drab.
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Thank You
  • #154
  • Edited 9:47am Mar 10, 2009 9:35am | Edited 9:47am
wb

today is a buy day meaning it will post a lo point, of which there will be 2 days to produce the 3 day rally hi point in theory of taylor trading technique, time tested and proven since the days way beore prolly u or me LOL.
Have we met that lo point yet volume suggests yes but never know.

today is a buy, and tomorrow and thrus they will sell into the rally, and complete the cycle again.

4h view of current sup
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"Millionaires don't use astrology, billionaires do"
  • #155
  • Mar 10, 2009 10:11am Mar 10, 2009 10:11am
Quoting OrionsWay
wb

today is a buy day meaning it will post a lo point, of which there will be 2 days to produce the 3 day rally hi point in theory of taylor trading technique, time tested and proven since the days way beore prolly u or me LOL.
Have we met that lo point yet volume suggests yes but never know.

today is a buy, and tomorrow and thrus they will sell into the rally, and complete the cycle again.

4h view of current sup

OrionsWay:

What is that Taylor Trading Technique you are using when posting your charts.
  • #156
  • Mar 10, 2009 10:19am Mar 10, 2009 10:19am
Quoting koorb
OrionsWay:

What is that Taylor Trading Technique you are using when posting your charts.
check the site out
"Millionaires don't use astrology, billionaires do"
  • #157
  • Mar 10, 2009 10:20am Mar 10, 2009 10:20am
Quoting OrionsWay
wb

today is a buy day meaning it will post a lo point, of which there will be 2 days to produce the 3 day rally hi point in theory of taylor trading technique, time tested and proven since the days way beore prolly u or me LOL.
Have we met that lo point yet volume suggests yes but never know.

today is a buy, and tomorrow and thrus they will sell into the rally, and complete the cycle again.

4h view of current sup
Orion, I don't understand. If you don't mind, can you explain this again?
I'm not the sharpest tool around here. Cheers mate
Thank You
  • #158
  • Mar 10, 2009 10:22am Mar 10, 2009 10:22am
looks like I'm not the only one clueless on the matter. Thanks koorb
Thank You
  • #159
  • Mar 10, 2009 10:24am Mar 10, 2009 10:24am
Quoting wormboy
Orion, I don't understand. If you don't mind, can you explain this again?
I'm not the sharpest tool around here. Cheers mate

explain which wb the angle of support geppy sits on OR the taylor trading techniques,

TTT is base on 3 day cycle, a buy day a sell day and a sell short day

the buy day is the lo point and then an average 3 day rallying ensues peaking generally on the ssd sell shor t day

check the site out for better understandings
http://www.taylortradingtechnique.net/
"Millionaires don't use astrology, billionaires do"
  • #160
  • Mar 10, 2009 10:28am Mar 10, 2009 10:28am
the buy sell day thingy bro.
okay thanks for the link. I'll read it up. Something new for me to digest.
Thanks orion
Thank You
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