The WoRmHoLe | Page 19 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Better-than-the-wormhole 555 replies

Attachments: The WoRmHoLe
Exit Attachments

The WoRmHoLe

  • #361
  • Mar 14, 2009 8:17pm Mar 14, 2009 8:17pm
Do this Ascending triangle look like a "symmetry triangle" from the left?




In due time GJ is ready for major breakout to the upside..

Fib levels 38.2% 155 zone
50.0% 167 zone

PA may PB to lower blue TL before major BO..

Also, look at the 4hr GJ chart, the PA is at the overall red TL( critical area for BO or reversal to the lower TL before BO to the upside..



IMHO..

Trade the charts..

Trend is your friend..

Attached Image(s) (click to enlarge)
Click to Enlarge Name: daily gj b.gif Size: 29 KB
Click to Enlarge Name: 4hr gj a.gif Size: 23 KB
[
  • #362
  • Mar 14, 2009 8:37pm Mar 14, 2009 8:37pm
The PA zig zag lines looks like an inverted H & S formation...I waiting for the PA to reverse at the 129.00 in the blue box for confirmation to take a long if the PA PB to the lower box line..


Trade the charts...

Attached Image (click to enlarge)
Click to Enlarge Name: daily gj e.gif Size: 24 KB
[
  • #363
  • Mar 15, 2009 6:46am Mar 15, 2009 6:46am
Yep, its been discussed, Rigitt. Please see post's 330 & 331

AJ

Quoting rgitt05
The PA zig zag lines looks like an inverted H & S formation...I waiting for the PA to reverse at the 129.00 in the blue box for confirmation to take a long if the PA PB to the lower box line..


Trade the charts...

  • #364
  • Mar 15, 2009 6:51am Mar 15, 2009 6:51am
Thanks for the feedback...I thought the zig zag would help see the formation of the inverted H & S clearer... My other setup is much better to see that the PA is running into strong resistance and major TL..




Quoting donutman_111
Yep, its been discussed, Rigitt. Please see post's 330 & 331

AJ
[
  • #365
  • Mar 15, 2009 6:55am Mar 15, 2009 6:55am
One thing we must all remember, especially if you are new to forex or any type of trading for that matter, when we look out at the Daily. Things just dont happen overnight. The pattern break that you are speaking of may not happen for weeks. We could actually see this thing go back to the 130.0 area yet. Now, I am not saying it will, but it's possible. Right now, i believe the 4 Hr give us a better picture for the week as for now.

AJ


Quoting donutman_111
Yep, its been discussed, Rigitt. Please see post's 330 & 331

AJ
  • #366
  • Mar 15, 2009 7:03am Mar 15, 2009 7:03am
Hi probable gopher trade perhaps yeild BIG 3k points
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_6.gif Size: 57 KB
"Millionaires don't use astrology, billionaires do"
  • #367
  • Mar 15, 2009 7:05am Mar 15, 2009 7:05am
Hi donutman,

I said in my post the zig zag indicator formed this possible inverted H & S line.. I have been trading forex for 4 years now, and I trade fulltime for a private hedge company as well for myself..I think I am doing well for someone learning from this FF forum and observing many hrs of PA. No pun intended but I have a plenty of past post that shows my consistent setup work well..I am a swing trader and sometime scalp if the market is ranging..



Quoting donutman_111
How did you do that, or did you just manually draw them in. If you don't mind me asking.

AJ
[
  • #368
  • Mar 15, 2009 7:06am Mar 15, 2009 7:06am
Hello, could you explain further. I don't understand your chart.

AJ

Quoting OrionsWay
Hi probable gopher trade perhaps yeild BIG 3k points
  • #369
  • Mar 15, 2009 7:11am Mar 15, 2009 7:11am
I am sorry if I offended you, it was not my meaning. Got to head to church, see you all later.

AJ
  • #370
  • Edited 7:25am Mar 15, 2009 7:14am | Edited 7:25am
Quoting donutman_111
Hello, could you explain further. I don't understand your chart.

AJ


swing trade AJ swing 1 is wave 1 yellow box is target for wave 2 in EW structure and wave 3 project to any of those blue APP lines, being wave 3 is generally the largest 90+% of the time a 1.618 expansion of wave 2 could be expected. We broke out of the donward trend on thursday on on rising volume with massive spread after a 4 day test of the lo's on low volumes suggesting the LO is in no more supply down there
I suspect demand will roll for a long time long.


I think we gotta be a buyer on dips even big dips
"Millionaires don't use astrology, billionaires do"
  • #371
  • Edited 8:02am Mar 15, 2009 7:16am | Edited 8:02am
FYI , you will see that most traders invited to this board are experience and
show different styles of setup.. I don't need a newbie with very few posts and new to this FF to insult my post or other people post and not post anything..Past post prove the facts...Anyway, I will keep most of my post to myself since I am making money for clients and myself...


Quoting donutman_111
Don't take me wrong, I was just asking a question. Thats the problem with text, it's not as social as it should be.
[
  • #372
  • Mar 15, 2009 7:53am Mar 15, 2009 7:53am
Quoting rgitt05
FYI , you will see that most traders invited to this board are experience and
show different styles of setup.. I don't need a newbie with very few posts and new to this FF to insult other people post and not post anything..Past post prove the facts...Anyway, I will keep most of my post to myself since I am making money for clients and myself...



Dont think he was being rude RG, but his point about dailies is 100% correct, Dont hink he is inexperienced either, just looking to pick the brain is all. FF is a sharing of idea's, no need ever to get defensive, if you want to expand on your thoughts then do, if not dont. But u cannot be offended when someone questions anyone's subjectivity, to insert an assertion we all must be up for the task of defending what we state. In any avenue of life. Or dont, but it sure goes against our credibility.
"Millionaires don't use astrology, billionaires do"
  • #373
  • Mar 15, 2009 7:58am Mar 15, 2009 7:58am
I also beliee chunnel has a date with the breakout area below and lower

voer the course of the next 1.5 years
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_7.gif Size: 67 KB
"Millionaires don't use astrology, billionaires do"
  • #374
  • Mar 15, 2009 8:07am Mar 15, 2009 8:07am
a view on euppy eur jpy
Attached Image (click to enlarge)
Click to Enlarge Name: ScreenHunter_8.gif Size: 69 KB
"Millionaires don't use astrology, billionaires do"
  • #375
  • Mar 15, 2009 8:15am Mar 15, 2009 8:15am
Hi OrionsWay,

Thanks for your feedback..It just seems he is a newbie with many questions..Also, he haven't been a member with FF so I assumed his past is newbie.. Look at at his past 10 post..I think most post are self explain if you look at the charts and READ the comments. I had impression that this FF thread was for experience traders with there POV and comment what maybe playout.. Too much questions turn me off is why I stopped posting for a while and than I was invited to this Thread to find newbies again..

I know FF is a place for sharing but I had impression this was a private FF with experience traders who can post without many newbie questions..




Quoting OrionsWay
Dont think he was being rude RG, but his point about dailies is 100% correct, Dont hink he is inexperienced either, just looking to pick the brain is all. FF is a sharing of idea's, no need ever to get defensive, if you want to expand on your thoughts then do, if not dont. But u cannot be offended when someone questions anyone's subjectivity, to insert an assertion we all must be up for the task of defending what we state. In any avenue of life. Or dont, but it sure goes against our credibility.
[
  • #376
  • Mar 15, 2009 8:15am Mar 15, 2009 8:15am
I am sorry you took me wrong, I appologised and thought it would suffice. I have been trading for a long time and was just looking for a new idea or ideas. Don't understand why you would take me so wrong, so I will appologise again.

AJ
  • #377
  • Mar 15, 2009 8:23am Mar 15, 2009 8:23am
Quoting rgitt05
Hi OrionsWay,

Thanks for your feedback..It just seems he is a newbie with many questions..Also, he haven't been a member with FF so I assumed his past is newbie.. Look at at his past 10 post..I think most post are self explain if you look at the charts and READ the comments. I had impression that this FF thread was for experience traders with there POV and comment what maybe playout.. Too much questions turn me off is why I stopped posting for a while and than I was invited to this Thread to find newbies again..

I know FF is a place for...

Well i can understadn that also, my trading style technique is the most difficult of all trading, and highly guarded as well, And i will not defend it at any cost, for my cost of learning this is high and anyone who wants to pick my brain about it is plainly just wasting their time, I give some things but not the fundamental truths, its a learning process and takes tooo much time to understand, and in my mind nothing for nothig so u must do your homework for the pearls which perception and preception provide. That being said im sure donut man has another handle with many posts attached to it, he had just chosen a new one for this application here. No harm no foul.
"Millionaires don't use astrology, billionaires do"
  • #378
  • Mar 15, 2009 8:26am Mar 15, 2009 8:26am
Apologize is accepted but I think reading the post before asking questions will help reduce the number of unnecessary post on this FF board..
I am not here to bully anyone because this is a public forum, but I feel this private FF by worm was intended for experience traders if I read his first post right..He did say anyone welcome to post but after 20 pages it started to get cluttered up with many newbie questions IMHO can be explain from the post..




Quoting donutman_111
I am sorry you took me wrong, I appologised and thought it would suffice. I have been trading for a long time and was just looking for a new idea or ideas. Don't understand why you would take me so wrong, so I will appologise again.

AJ
[
  • #379
  • Mar 15, 2009 8:27am Mar 15, 2009 8:27am
Well said Orionsway..


Quoting OrionsWay
Well i can understadn that also, my trading style technique is the most difficult of all trading, and highly guarded as well, And i will not defend it at any cost, for my cost of learning this is high and anyone who wants to pick my brain about it is plainly just wasting their time, I give some things but not the fundamental truths, its a learning process and takes tooo much time to understand, and in my mind nothing for nothig so u must do your homework for the pearls which perception and preception provide. That being said im sure donut man has...
[
  • #380
  • Mar 15, 2009 2:48pm Mar 15, 2009 2:48pm
How did you know I changed handles, had to change my email also...LOL Yep, your right and been around here for 5 years. Just got tired of all the PM's and too many people got hold of my email. Been trading ever since I quit my job and pulled my 401K out to trade it myself and then made most of my money with Fidelity before switching to Forex. By the way, I appreciate your knowledge, Thanks again.

AJ

Quoting OrionsWay
Well i can understadn that also, my trading style technique is the most difficult of all trading, and highly guarded as well, And i will not defend it at any cost, for my cost of learning this is high and anyone who wants to pick my brain about it is plainly just wasting their time, I give some things but not the fundamental truths, its a learning process and takes tooo much time to understand, and in my mind nothing for nothig so u must do your homework for the pearls which perception and preception provide. That being said im sure donut man has...
4 traders viewing now