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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #1,161
  • May 29, 2009 9:55am May 29, 2009 9:55am
Quoting wormboy
Good god stopped out again. Oh well, too bad I wasn't around to cut my loss earlier when price breach the upper tl & had to take the full blow.
Pretty abysmal gain for me this month since the last 4 losses in a row had cancelled out most of my earlier gains. Let's hope June turns out better.
Good luck
Azim...
Timing is always the Key,YOU CAN BE correct on the direction,but always to enter at the optium time,that is the Difficult Bit to work out,plus also the month ends today and a Freaky Friday ?....
i know for sure you will get it back and some more..

baz
  • #1,162
  • May 29, 2009 10:14am May 29, 2009 10:14am
Quoting baz
Azim...
Timing is always the Key,YOU CAN BE correct on the direction,but always to enter at the optium time,that is the Difficult Bit to work out,plus also the month ends today and a Freaky Friday ?....
i know for sure you will get it back and some more..

baz
Thanks for pointing that bit out baz, definitely gonna look into it over the weekend & see where it went wrong for me this past 2 weeks.
Have a good one brother & enjoy your weekend
Thank You
  • #1,163
  • May 29, 2009 1:36pm May 29, 2009 1:36pm
Quoting wormboy
Good god stopped out again. Oh well, too bad I wasn't around to cut my loss earlier when price breach the upper tl & had to take the full blow.
Pretty abysmal gain for me this month since the last 4 losses in a row had cancelled out most of my earlier gains. Let's hope June turns out better.
Good luck
just part of the learning curve brother this market is nuts, follow larger time frames will certainly help...as this is the only clue right now...(this is all u need to include and i reckon yur set!...)
have a great weekend bro! next month we will fight!!
  • #1,164
  • May 29, 2009 3:13pm May 29, 2009 3:13pm
Quoting nAVIN2007
just part of the learning curve brother this market is nuts, follow larger time frames will certainly help...as this is the only clue right now...(this is all u need to include and i reckon yur set!...)
have a great weekend bro! next month we will fight!!
That I will most definitely do. Have a good one brother, I'll see you next week
Thank You
  • #1,165
  • May 31, 2009 12:17pm May 31, 2009 12:17pm
WB your were spot on with my thinking in the other thread. Hows goes the battle my firend?
"Millionaires don't use astrology, billionaires do"
  • #1,166
  • Jun 1, 2009 1:25am Jun 1, 2009 1:25am
Quoting OrionsWay
WB your were spot on with my thinking in the other thread. Hows goes the battle my firend?
Orion : Lucky guess mate. Nice though to be on the same page as you brother
Been a tough month (trading wise) in May. Left me with a few bloodied nose. Hopefully this month I could return the favour lol. How about you mate, cleaning "them" out I hope
Thank You
  • #1,167
  • Jun 1, 2009 9:23am Jun 1, 2009 9:23am
Going to short this beast with 2 small ones at the peak of the resistance level with a wide stop. Will amend & add to the position once price shows further weakness. Good luck

GBP JPY

1. short @157.96 sl @160.50
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Thank You
  • #1,168
  • Jun 1, 2009 12:12pm Jun 1, 2009 12:12pm
USD CAD had a nice bounce off 1.08 .. I hate how it occurred while I was sleeping!

Check the chart out... could see a nice pullback from the 1.8 level

Need to be patient and see how the daily closes on this one. A target off this could be 1.15
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  • #1,169
  • Jun 1, 2009 12:25pm Jun 1, 2009 12:25pm
Hi all, Azim,

See u've traded the beast lol.

I prefer its poor relation the mistress and just shorted from 137 - just hit a good s/r level.

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  • #1,170
  • Jun 1, 2009 12:29pm Jun 1, 2009 12:29pm
Quoting jack.canadia
USD CAD had a nice bounce off 1.08 .. I hate how it occurred while I was sleeping!

Check the chart out... could see a nice pullback from the 1.8 level

Need to be patient and see how the daily closes on this one. A target off this could be 1.15

Hi Jack,

Also been watching this one but I'm looking for a good short entry maybe around 1.9.

I think this pair will reach parity this year - especially if oil keeps going up.
  • #1,171
  • Jun 1, 2009 12:40pm Jun 1, 2009 12:40pm
Quoting stewrigh
Hi all, Azim,

See u've traded the beast lol.

I prefer its poor relation the mistress and just shorted from 137 - just hit a good s/r level.

Attachment
Hey stew, great spot on the ey mate, hopefully it works out well.
You did great with the euro dollar long last week, much respect. Did you take my pips? I want them back!

Lol, have a good one my friend
Thank You
  • #1,172
  • Jun 1, 2009 12:58pm Jun 1, 2009 12:58pm
Quoting wormboy
Hey stew, great spot on the ey mate, hopefully it works out well.
You did great with the euro dollar long last week, much respect. Did you take my pips? I want them back!

Lol, have a good one my friend

Yeah EU was a good un - just closed all my longs but beginning to think I should have hung on a bit - we'll see.
  • #1,173
  • Jun 1, 2009 1:16pm Jun 1, 2009 1:16pm
You can tell i'm bored lol.

Tell me if I'm posting too much but this is another one I'm looking at.

I don't understand why the pound is so strong - it must tank soon surely.

PF has just hit the 200 MA and there is some strong S/R from Dec.

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  • #1,174
  • Jun 1, 2009 1:59pm Jun 1, 2009 1:59pm
Quoting stewrigh
You can tell i'm bored lol.

Tell me if I'm posting too much but this is another one I'm looking at.

I don't understand why the pound is so strong - it must tank soon surely.

PF has just hit the 200 MA and there is some strong S/R from Dec.

Attachment
You're not posting too much my friend.Good thing you see it too.
What I said earlier regarding cable: http://www.forexfactory.com/showpost...stcount=134937
The chart shows why.
Good thing you came up with another reason as to why I was thinking Cable will tank hard. Tho admittingly, I'll need the daily close on eg to confirm my stance.
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Thank You
  • #1,175
  • Jun 2, 2009 5:17am Jun 2, 2009 5:17am
Quoting wormboy
Going to short this beast with 2 small ones at the peak of the resistance level with a wide stop. Will amend & add to the position once price shows further weakness. Good luck

GBP JPY

1. short @157.96 sl @160.50
bro yesterday i took that positiong in dragon in my demo account with SL of 160.50 and tp was 140 points which is hitted now lol again market is on same level so can i go again in live account now with this trade???i took in demo coz i dunno the spread of it and don't know how much i can loss if SL will hit can you tell me about it if i took trade at 57.96 and SL at 160.50 or 160.00 so how much is this diffrence i mean if in any situation my SL hit in dragon so how much iwill loss i am still confuse about dragon pip system can you tell me how much is 1pip value?i can see good sell oppurtunity but waiting for your reply in this matter...

Ub

P.S check your FB i posted chart there...
  • #1,176
  • Jun 2, 2009 5:45am Jun 2, 2009 5:45am
Quoting wormboy
Going to short this beast with 2 small ones at the peak of the resistance level with a wide stop. Will amend & add to the position once price shows further weakness. Good luck

GBP JPY

1. short @157.96 sl @160.50
stop amended

GBP JPY

1. short @157.96 sl @157.81
Thank You
  • #1,177
  • Jun 2, 2009 5:52am Jun 2, 2009 5:52am
Quoting ubaidahsan
bro yesterday ..
I think taking a position now on dragon is not advisable. Like cable, you missed a large chunk of this move by now. Probably the best thing for you to do now is to wait till dragon gets to the near term support which is at low 155 level and pick your trade from there ( long or short either way ).
Don't gamble bro
Thank You
  • #1,178
  • Jun 2, 2009 9:21am Jun 2, 2009 9:21am
Quoting wormboy
stop amended

GBP JPY

1. short @157.96 sl @157.81
Trade stopped out. Good start to the month, albeit a small one
Roll on next trade!
Thank You
  • #1,179
  • Jun 2, 2009 9:31am Jun 2, 2009 9:31am
Quoting wormboy
Trade stopped out. Good start to the month, albeit a small one
Roll on next trade!
Nothing wrong with that! Pips is Pips!! Keep them rolling!
Patience + Discipline - Greed = Success
  • #1,180
  • Jun 2, 2009 9:38am Jun 2, 2009 9:38am
Hello Wormboy and Infinity Finally got my internet connection repaired today
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