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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #241
  • Mar 12, 2009 9:25am Mar 12, 2009 9:25am
Quoting wormboy
Lol, now I'm out. What a busy day
One trade left. Come on dragon!
Here's something on the cable...
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Patience + Discipline - Greed = Success
  • #242
  • Mar 12, 2009 9:37am Mar 12, 2009 9:37am
Infinity :I'm flat atm. However I need cable to properly breach 3900 to 4150 before my bias is changed. Thanks for the heads up brother! Cheers
Thank You
  • #243
  • Mar 12, 2009 9:52am Mar 12, 2009 9:52am
Hello Wormboy I made good pips on on USDJPY today in at 96.70 and out again at 98.08

On GBPUSD I am in at 1.3779 it seems to be struggling ATM moment as there is resistance at 1.3800 The 50sma is holding her back as well
  • #244
  • Mar 12, 2009 10:24am Mar 12, 2009 10:24am
Quoting davids
Hello Wormboy I made good pips on on USDJPY today in at 96.70 and out again at 98.08

On GBPUSD I am in at 1.3779 it seems to be struggling ATM moment as there is resistance at 1.3800 The 50sma is holding her back as well
Nice trades Davids, well done. Are you locked in the green on the long Cable, with trailing stop? What's your target or will you let PA guide you?

It's just cleared the 62ema on the 1h (1.3830). Interesting if the candle closes clear of this level. I am liking the formation of recent candles on 4h for longs.

Still concentrating on equities today - my brain can only handle one asset class!! Had a sneaky small scalp on a EURGBP short earlier at 9300, even though my trading plan says that I never scalp. Oh well, it turned out okay.
  • #245
  • Mar 12, 2009 10:25am Mar 12, 2009 10:25am
Hey paul! Wanna tell us what the hell was up with the spike? Fundamentally if there is any. Thanks brother.
Thank You
  • #246
  • Mar 12, 2009 10:28am Mar 12, 2009 10:28am
I'm waiting for a 5/13/62 set up on my 1h, before I go long...

Currently, the 5ema has crossed the 13ema, just waiting for the 62 ema to be overtaken, and my chart will be screaming long, baby long.... That is unless Wormboy and the short squad destroy sterling before I get my set up...
  • #247
  • Mar 12, 2009 10:29am Mar 12, 2009 10:29am
Quoting davids
Hello Wormboy I made good pips on on USDJPY today in at 96.70 and out again at 98.08

On GBPUSD I am in at 1.3779 it seems to be struggling ATM moment as there is resistance at 1.3800 The 50sma is holding her back as well
Hey brother, nice job You could have made tons with dragon tho, like for like movement today. I'm staying out for cable for now, because I don't see anything that I can trade off. Have a good one mate
Thank You
  • #248
  • Mar 12, 2009 10:31am Mar 12, 2009 10:31am
Quoting wormboy
Hey brother, nice job You could have made tons with dragon tho, like for like movement today. I'm staying out for cable for now, because I don't see anything that I can trade off. Have a good one mate
That's because your buy button is broken....
Patience + Discipline - Greed = Success
  • #249
  • Mar 12, 2009 10:34am Mar 12, 2009 10:34am
Quoting wormboy
Hey paul! Wanna tell us what the hell was up with the spike? Fundamentally if there is any. Thanks brother.
Hey Azim,

Nothing on my Dow Jones newsfeed, hinting at any fundamental reason. Only can think of typical short squeeze, as the reason, with existing shorts being stopped out as prices takes out key moving averasges.

I had my fourth consecutive proftable trading today!! After the sh*t time last week, I wonder whether I have actually made any money or just placed an incorrect formula on my excel sheets.

Cheers, Paul
  • #250
  • Mar 12, 2009 10:34am Mar 12, 2009 10:34am
Quoting Infinity
That's because your buy button is broken....
Lol, one half of the evil twin is here. What's up brother?
Thank You
  • #251
  • Mar 12, 2009 10:35am Mar 12, 2009 10:35am
Quoting Infinity
That's because your buy button is broken....
  • #252
  • Mar 12, 2009 10:38am Mar 12, 2009 10:38am
Quoting gammase1
Hey Azim,

Nothing on my Dow Jones newsfeed, hinting at any fundamental reason. Only can think of typical short squeeze, as the reason.

I had my fourth consecutive proftable trading today!! After the sh*t time last week, I wonder whether I have actually made any money or just placed an incorrect formula on my excel sheets.

Cheers, Paul
Hmmm .. I get the technical reasoning tho with those support levels I mentioned on my charts, just wondering if the was anything that triggered it fundamentally tho.
Great to know you're making back my friend. Told you' it'll come back!
Anyway, I'm gonna short the crap out of your currency (dragon)
Good rr for me here, since this beast is stuck behind this resistance. Wanna come with? lol

Cheers mate.
Thank You
  • #253
  • Mar 12, 2009 10:38am Mar 12, 2009 10:38am
Quoting wormboy
Lol, one half of the evil twin is here. What's up brother?
Hey bro! I'm great... it's been a wonderful day... longing and shorting my old friend cable... The longs off the h4 are paying well atm...
Patience + Discipline - Greed = Success
  • #254
  • Mar 12, 2009 10:40am Mar 12, 2009 10:40am
Quoting gammase1
Nice trades Davids, well done. Are you locked in the green on the long Cable, with trailing stop? What's your target or will you let PA guide you?

It's just cleared the 62ema on the 1h (1.3830). Interesting if the candle closes clear of this level. I am liking the formation of recent candles on 4h for longs.

Still concentrating on equities today - my brain can only handle one asset class!! Had a sneaky small scalp on a EURGBP short earlier at 9300, even though my trading plan says that I never scalp. Oh well, it turned out okay.

Hi Paul

Thanks Mate
I will let the PA guide me I have locked in +20 so far, I have to rush to Comittee meeting at my golf club catch up with you tomorrow

Cheers David
  • #255
  • Mar 12, 2009 10:41am Mar 12, 2009 10:41am
Quoting wormboy
Hey brother, nice job You could have made tons with dragon tho, like for like movement today. I'm staying out for cable for now, because I don't see anything that I can trade off. Have a good one mate
Thanks Azim
  • #256
  • Mar 12, 2009 10:41am Mar 12, 2009 10:41am
WB:

Might take a look at the E/J again. heading to those mountain tops. Good short opportunity last time. Maybe this time the same.
  • #257
  • Mar 12, 2009 10:57am Mar 12, 2009 10:57am
Quoting wormboy
Hmmm .. I get the technical reasoning tho with those support levels I mentioned on my charts, just wondering if the was anything that triggered it fundamentally tho.
Great to know you're making back my friend. Told you' it'll come back!
Anyway, I'm gonna short the crap out of your currency (dragon)
Good rr for me here, since this beast is stuck behind this resistance. Wanna come with? lol

Cheers mate.
i have no bias in shorting or going long sterling. but have made cash for today, so will finish up now and go out to eat some greek food and drink some spanish beer, overlooking the river thames...

equities still strong which will provide a degree of support to cable, even though the correlation between the two hasn't been as strong of late. still, some way for cable to move to the upside before i get signal to enter with my soldiers.

have a good evening all.

Paul
  • #258
  • Mar 12, 2009 11:27am Mar 12, 2009 11:27am
Quoting koorb
WB:

Might take a look at the E/J again. heading to those mountain tops. Good short opportunity last time. Maybe this time the same.
Thanks koorb. Nice rr that level but I'm not going to take it until it breaks 123.3 level. Did you take the trade?
I am however looking to build on my shorts on dragon. This is going to be my last trade for this week. I've made really good gains this week so I am not looking to ruin it Good rr here too.
The beast is facing problems getting past the resistance at 136.4 level (redline), if it close & clears that level then I will close this trade. I think it'll test the 133.25 level again (greenline). I could be wrong, but I hope not
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Thank You
  • #259
  • Mar 12, 2009 11:34am Mar 12, 2009 11:34am
Quoting gammase1
i have no bias in shorting or going long sterling. but have made cash for today, so will finish up now and go out to eat some greek food and drink some spanish beer, overlooking the river thames...

equities still strong which will provide a degree of support to cable, even though the correlation between the two hasn't been as strong of late. still, some way for cable to move to the upside before i get signal to enter with my soldiers.

have a good evening all.

Paul
Wow. That is some dinner. You're missing a spanish chick to go with that combo tho paul.
Okay my friend, enjoy your evening. Have a good one
Thank You
  • #260
  • Mar 12, 2009 11:36am Mar 12, 2009 11:36am
Quoting wormboy
Thanks koorb. Nice rr that level but I'm not going to take it until it breaks 123.3 level. Did you take the trade?
I am however looking to build on my shorts on dragon. This is going to be my last trade for this week. I've made really good gains this week so I am not looking to ruin it Good rr here too.
The beast is facing problems getting past the resistance at 136.4 level (redline), if it close & clears that level then I will close this trade. I think it'll test the 133.25 level again (greenline). I could be wrong, but I hope not
Yea I took the EJ trade at 125.69. Also GJ at 135.90 very small lot though. These pairs can run in a hurry.
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