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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #741
  • Apr 6, 2009 7:05am Apr 6, 2009 7:05am
Quoting wormboy
Target levels reached. Time to tighten it.

long @4375 sl @4875

Good luck
Done

long @4375 closed @4928
Thank You
  • #742
  • Edited 8:04am Apr 6, 2009 7:07am | Edited 8:04am
Rare trade for me. Let's see how this pans out.

long @2320 sl @2210 tp @2615

Good luck
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: ucad44.JPG Size: 80 KB
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  • #743
  • Edited 8:15am Apr 6, 2009 7:19am | Edited 8:15am
Hi guys, some observation on ucad.

The H1 already trigger buy signal when candlestick break the trend line. This is the first signal. The second signal is the full body candlestick appear above trend line without touching the trend line. This is enough to trigger long for me.

I already long @ 1.2285 SL @ 1.2219

I'm expecting the H4 & daily to conclude the long action.

regards,
Attached Image(s) (click to enlarge)
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  • #744
  • Apr 6, 2009 8:00am Apr 6, 2009 8:00am
H & S developing????
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  • #745
  • Apr 6, 2009 8:13am Apr 6, 2009 8:13am
Quoting wormboy
sl amended.

long @140.58 sl @149.75
Okay done. What a ride

long @140.58 closed @149.75
Thank You
  • #746
  • Apr 6, 2009 8:19am Apr 6, 2009 8:19am
Since some of the guys here who took the trade by going long didn't mention it, I think I must add the other telling factor for the trade is the morning star pattern which appeared a few hours ago on the hourly chart. This is a very strong reversal pattern. Makes an interesting trade given the many factors which points upwards. Let's see how far we get with this.
Attached Image (click to enlarge)
Click to Enlarge Name: ucad111.JPG Size: 89 KB
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  • #747
  • Apr 6, 2009 8:21am Apr 6, 2009 8:21am
Quoting sblank
H & S developing????
It's a possibility sblank. But i think we'll prolly short much earlier than that.
Good luck
Thank You
  • #748
  • Apr 6, 2009 8:28am Apr 6, 2009 8:28am
Okay. All profit are now off the table. We'll look for a break below the tl (highlighted rectangle area) before loading shorts. Failing to do so & we won't discount the possibility to go long again. No trade atm.
Good luck everyone
Attached Image (click to enlarge)
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  • #749
  • Apr 6, 2009 9:24am Apr 6, 2009 9:24am
Hello WB I have been away on hoiday how are you?
  • #750
  • Apr 6, 2009 9:31am Apr 6, 2009 9:31am
Hi davids, how have you been mate? I'm doing good btw
Good to have you back
Thank You
  • #751
  • Apr 6, 2009 11:36am Apr 6, 2009 11:36am
Bearish outlook confirmed atm. Evening star on the 6hourly & we're looking to short below the ltl.
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  • #752
  • Apr 6, 2009 1:00pm Apr 6, 2009 1:00pm
Quoting dstryr
Okay so I'm young and jumped the gun but thats just me.

Long UCAD at 2260 Stop loss 2213 TGT1: 2420
Stop loss moved to 2300....first tgt hit almost exactly... Second target 2540
Attached Image (click to enlarge)
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Going to make it big by age 21.
  • #753
  • Apr 6, 2009 1:31pm Apr 6, 2009 1:31pm
Quoting dstryr
Stop loss moved to 2300....first tgt hit almost exactly... Second target 2540

Actually stop loss moved to 2315...just noticed Inverted H&S on the 1hrly developing. Lets watch carefully.
Attached Image (click to enlarge)
Click to Enlarge Name: UCAD4hr4.jpg Size: 86 KB
Going to make it big by age 21.
  • #754
  • Apr 6, 2009 4:45pm Apr 6, 2009 4:45pm
A follow up to post #751.
Took a small position for this beast.

short @148.89 sl @151.55

As usual stops will be moved periodically.

Good luck
Attached Image (click to enlarge)
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  • #755
  • Apr 6, 2009 4:59pm Apr 6, 2009 4:59pm
Hey Wormboy... I see you're doing great in the wormhole....

Here's a quickie on the gu daily... I see that we closed above this tl and above the daily 5sma.. though shorter tfs look bearish especially with the h1 forming a potential shampoo.. I am still not sold on a short yet on the higher tfs.. but I may be taking a few on the lower ones....
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Patience + Discipline - Greed = Success
  • #756
  • Apr 6, 2009 11:49pm Apr 6, 2009 11:49pm
Good morning everyone
This a followup to post #754. Our shorts are all coming along fine atm. I don't usually like to place a target as to where the trade would prolly ends up at but the marked area on the hourly could possibly be the area of target. Anyway, don't forget to lock in gains, stranger things have happened.
Good luck.
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  • #757
  • Apr 7, 2009 12:00am Apr 7, 2009 12:00am
Quoting Infinity
Hey Wormboy... I see you're doing great in the wormhole....

Here's a quickie on the gu daily... I see that we closed above this tl and above the daily 5sma.. though shorter tfs look bearish especially with the h1 forming a potential shampoo.. I am still not sold on a short yet on the higher tfs.. but I may be taking a few on the lower ones....
Hey bro. Thanks, but I'm sure we could do better with your analysis bro
Your take looks spot on to me bcoz tho my bias for cable is now down I will not short cable until the neckline on the shampoo gets taken out. The neckline suprisingly coincides with the tl I have pulled from the beginning of the last surge and concludes at the highlighted area. Quite possibly a good shorting opportunity from there on.
Anyway, my hands are off cable this week. Only dragon & loonie for me this week. Good to have you bro, & good luck to you!
Attached Image (click to enlarge)
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Thank You
  • #758
  • Edited 2:31am Apr 7, 2009 12:10am | Edited 2:31am
Considering a long in EURGBP. 9087 stop loss 9027
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Going to make it big by age 21.
  • #759
  • Edited 2:43am Apr 7, 2009 1:12am | Edited 2:43am
Quoting dstryr
Actually stop loss moved to 2315...just noticed Inverted H&S on the 1hrly developing. Lets watch carefully.
Stop loss moved to 2335
Attached Image (click to enlarge)
Click to Enlarge Name: UCAD4hr.jpg Size: 79 KB
Going to make it big by age 21.
  • #760
  • Edited 2:44am Apr 7, 2009 2:24am | Edited 2:44am
Quoting dstryr
Stop loss moved to 2335
Cad has to break 2455 for Inverted H&S to hold...if not I'll be closing the trade.
Attached Image (click to enlarge)
Click to Enlarge Name: UCAD4hr2.jpg Size: 70 KB
Going to make it big by age 21.
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