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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #461
  • Mar 19, 2009 3:30am Mar 19, 2009 3:30am
Quoting wormboy
Cable's first test to breach 4150 level failed. But since it's Asian session, personally I fell failure to breach does not carry weight. We'll see how it plays out when London resumes. If it still fails to breach the support @4150 and stays afloat, bias will favour bulls. Personally, I will not jump on the wagon too soon as the daily, tho is pointing north, is still in a downtrend.
Will wait for confirmation. Good luck
bro if u go with long or short in cable so please update

thanks

Ub
  • #462
  • Mar 19, 2009 4:06am Mar 19, 2009 4:06am
Yea, The Gep has tried to beat on it 3 times in the last 12 hours and has failed miserably each time.

AJ
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  • #463
  • Mar 19, 2009 4:12am Mar 19, 2009 4:12am
Got a pending below the spike started by the FOMC release yesterday.
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  • #464
  • Mar 19, 2009 4:18am Mar 19, 2009 4:18am
Currently Cable is facing resistance at the 4325 level. Let's see if she forms a double top for us bears
Good luck
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Thank You
  • #465
  • Mar 19, 2009 4:23am Mar 19, 2009 4:23am
short @4285 sl@4350 tp@4150

Let's see.
Thank You
  • #466
  • Mar 19, 2009 5:57am Mar 19, 2009 5:57am
Hi Jim I was thinking we might break up here ,great place to sell tho set up looks good.
On the lfxjpy weekly we have a hanging man possibly ,not confirmed ,im still beting on a break up myself.
But the eur ,I think its brave to sell the eur today.

Tony

Quoting donutman_111
Got a pending below the spike started by the FOMC release yesterday.
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #467
  • Mar 19, 2009 6:12am Mar 19, 2009 6:12am
Quoting wormboy
short @4285 sl@4350 tp@4150

Let's see.
Stopped out again. That's the second time this week. I must be on a roll
Okay, staying out of this pair. Welp, back to skinning the beast.
Thank You
  • #468
  • Mar 19, 2009 7:08am Mar 19, 2009 7:08am
Pair blew thru the 4418 R3, resistance, probably on its way to the Daily high at 1.4610.

AJ
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  • #469
  • Mar 19, 2009 7:09am Mar 19, 2009 7:09am
Show me how to tame the beast...

Quoting wormboy
Stopped out again. That's the second time this week. I must be on a roll
Okay, staying out of this pair. Welp, back to skinning the beast.
  • #470
  • Mar 19, 2009 7:58am Mar 19, 2009 7:58am
Okay. Here it is. The very thing that is holding me from loading my longs. The Daily trendline. One final go at her. Will turn & load longs from here on if she clears above the trendline.

short@4502 sl@4802 [0.2 lotsize]
Good luck
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Thank You
  • #471
  • Mar 19, 2009 8:25am Mar 19, 2009 8:25am
From another standpoint, I have the 89 SMA, which i use to determine long term trend. Notice how the 4 Hr 89 was broken and then tested and then continued on to plow thru 2 heavy resistance levels. The Daily 89 in the 2nd chart is still 1400 pips away. This speaks volumes to me that the reversal is at hand, a lot like the resurrection that is coming in 3 weeks. Just a little FYI for you all. If bullish flag forms this afternoon I may load up longs...... By the way, Worm, when you going to show me how to trade the beast......LOL

Thanks, Jim


Quoting wormboy
Okay. Here it is. The very thing that is holding me from loading my longs. The Daily trendline. One final go at her. Will turn & load longs from here on if she clears above the trendline.

short@4502 sl@4802 [0.2 lotsize]
Good luck
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  • #472
  • Mar 19, 2009 8:26am Mar 19, 2009 8:26am
Yep I am on the same ride


Quoting donutman_111
Pair blew thru the 4418 R3, resistance, probably on its way to the Daily high at 1.4610.

AJ
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #473
  • Mar 19, 2009 8:35am Mar 19, 2009 8:35am
Worm, This is your thread, so please let me know if I overstep my boundaries and I will back off. I do not want to ruin your good thing you got going here. And I appreciate your help.

AJ-Jim
  • #474
  • Mar 19, 2009 8:39am Mar 19, 2009 8:39am
Crap. You mean to tell me the both of you are going to leave me here to die? Alone?
Btw, at least there's different views. Nice one tone, jim
If she breaks the tl, there'll be a lot of room. That time I'll prolly go for another 3 months of longs & no short calls
Good luck guys!
Thank You
  • #475
  • Mar 19, 2009 8:41am Mar 19, 2009 8:41am
Quoting donutman_111
Worm, This is your thread, so please let me know if I overstep my boundaries and I will back off. I do not want to ruin your good thing you got going here. And I appreciate your help.

AJ-Jim
No brother. It's OUR thread. No such thing as you going out of bounds mate. I'm not wearing a skirt btw No issue brother.
Thank You
  • #476
  • Mar 19, 2009 8:48am Mar 19, 2009 8:48am
We won't let you die out here..... We know that You know as well as we do the 4500 is the Psych. level of the moment and is very important... Right?

AJ

Quoting wormboy
Crap. You mean to tell me the both of you are going to leave me here to die? Alone?
Btw, at least there's different views. Nice one tone, jim
If she breaks the tl, there'll be a lot of room. That time I'll prolly go for another 3 months of longs & no short calls
Good luck guys!
  • #477
  • Mar 19, 2009 8:51am Mar 19, 2009 8:51am
Quoting donutman_111
We won't let you die out here..... We know that You know as well as we do the 4500 is the Psych. level of the moment and is very important... Right?

AJ

See Jim, if you can spot the rationale of it without having to call me crazy then I know that you know that the trick question regarding the beast won't work on me
Nice one brother
Thank You
  • #478
  • Mar 19, 2009 11:16am Mar 19, 2009 11:16am
What no short calls ,no way

Quoting wormboy
Crap. You mean to tell me the both of you are going to leave me here to die? Alone?
Btw, at least there's different views. Nice one tone, jim
If she breaks the tl, there'll be a lot of room. That time I'll prolly go for another 3 months of longs & no short calls
Good luck guys!
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #479
  • Mar 19, 2009 11:57am Mar 19, 2009 11:57am
Quoting Bones
What no short calls ,no way
But I thought you just went long mate?
Thank You
  • #480
  • Mar 19, 2009 12:00pm Mar 19, 2009 12:00pm
hey pip! kal!
Thank You
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