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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #1,221
  • Jun 3, 2009 4:38pm Jun 3, 2009 4:38pm
Quoting OrionsWay
long u/c mate from 0813
hey orion .. im with you in there as well! Several positions between 0812 and 0845.

What you think .. 1.13 , 1.15 or 1.20 as a target?
  • #1,222
  • Jun 3, 2009 4:39pm Jun 3, 2009 4:39pm
Quoting OrionsWay
Not bad mate, covered ...
Nice job as always my friend. This came to mind when you mentioned 132 levels. http://www.forexfactory.com/showpost...&postcount=511

Interestingly tho, I don't see, no wait, I can't see us getting towards 165 or above with this beast. I only see lower levels. Think you could point out why you see higher?
Okay mate, have a good one
Thank You
  • #1,223
  • Jun 3, 2009 4:47pm Jun 3, 2009 4:47pm
Quoting westlichinde
closed one for good profit at 156.8 one still open to see if it hits your 155 mark.
Received a few message regarding the 155 level which westlichinde pointed out earlier. Thought I'd shed some light to the matter.
I think the charts attached are self explaining.
Same chart posted a few days ago : http://www.forexfactory.com/showpost...stcount=179975

Hope that helps.
Okay, see you guys London session.
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  • #1,224
  • Jun 3, 2009 4:52pm Jun 3, 2009 4:52pm
Quoting wormboy
Nice job as always my friend. This came to mind when you mentioned 132 levels. http://www.forexfactory.com/showpost...&postcount=511

Interestingly tho, I don't see, no wait, I can't see us getting towards 165 or above with this beast. I only see lower levels. Think you could point out why you see higher?
Okay mate, have a good one

WB the blue and aqua lines on the weekly chart are sq roots of price from the bottom lo at a ratio of .621 we have a perfect 8 roots drop from the high we must at the very least go 3 from the bottom up around 163 but i think we go beyond and test thick orange supply line at some price level
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"Millionaires don't use astrology, billionaires do"
  • #1,225
  • Jun 3, 2009 4:53pm Jun 3, 2009 4:53pm
Quoting jack.canadia
hey orion .. im with you in there as well! Several positions between 0812 and 0845.

What you think .. 1.13 , 1.15 or 1.20 as a target?
Yep all them are good 1.16 comes to mind but my hopes are a W5 breaking out over the hi's to 1.39 1.40
"Millionaires don't use astrology, billionaires do"
  • #1,226
  • Jun 4, 2009 12:57am Jun 4, 2009 12:57am
here is my plan for g/j..based on my minifibz,we touched a temporaly bottom at 155.67 0.0%fibz..and is bouncing back up..two possible target,1st 50% fibz at 158.05 and 100%fibz at 160.45..so have been longing and have this point in mind for my short's..let's see how she play's out..if for any reason we get to 160,the we will see my earlier long target of 162area..here is the earlier post. http://www.forexfactory.com/showpost...postcount=1181
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Imanuel Parsifal
  • #1,227
  • Jun 4, 2009 2:03am Jun 4, 2009 2:03am
Quoting wormboy
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
this is where i got the idea of 155 area... sorry if i caused a conflict.
  • #1,228
  • Jun 4, 2009 6:06am Jun 4, 2009 6:06am
Quoting jack.canadia

E/U H/S pattern and possible entry option.

$$$$$$$$

Entry triggered over night at 4240!
  • #1,229
  • Jun 4, 2009 7:11am Jun 4, 2009 7:11am
Quoting wormboy
Stop amended for the remaining position.

GBP JPY

1. short @159.89 sl @158.80

Current position on dragon remains intact & I will only look to amend my stop once price reach high 153 level.

Good luck
Thank You
  • #1,230
  • Jun 4, 2009 7:13am Jun 4, 2009 7:13am
I missed on posting earlier calls made on cable trade. All apologies for that.
This are the earlier posts for those who were interested on the analysis.

http://www.forexfactory.com/showpost...stcount=135462
http://www.forexfactory.com/showpost...stcount=135475
http://www.forexfactory.com/showpost...stcount=135518

Good luck
Thank You
  • #1,231
  • Jun 4, 2009 7:48am Jun 4, 2009 7:48am
Quoting wormboy
Current position on dragon remains intact & I will only look to amend my stop once price reach high 153 level.

Good luck
stay on board bro...am tanking her...
Imanuel Parsifal
  • #1,232
  • Jun 4, 2009 11:33am Jun 4, 2009 11:33am
Quoting westlichinde
also, do u do analyis on EuGb?
thanks
I almost forgot about this. Here you go mate
Major s/r level & tl played out beautifully & it's looking good marching north. Cable would plunge deeper the higher this goes btw. Original post & chart here : http://www.forexfactory.com/showpost...postcount=1174

Hope that helps.
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  • #1,233
  • Edited 11:13pm Jun 4, 2009 11:02pm | Edited 11:13pm
based on my 5min chart which i use to get good entries..i see an inverted PB and what look to me like a bullish hammer..i think the london session is going to be bullish..so am long...target...156.81
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Imanuel Parsifal
  • #1,234
  • Jun 4, 2009 11:10pm Jun 4, 2009 11:10pm
bro any trade for today???please update me further update me about Cable long term trade too

thanks

Ub
  • #1,235
  • Jun 5, 2009 12:10am Jun 5, 2009 12:10am
Quoting sycho
based on my 5min chart which i use to get good entries..i see an inverted PB and what look to me like a bullish hammer..i think the london session is going to be bullish..so am long...target...156.81
o.k. got stopped out of that one for just 3+..seems london favour's the bears after all.what i try to do is,identify the main mind direction of each session,and play along with it.now at time of high tension trade like this..i observed that price mostly go in the opposite direction of it original intent,it then swings back with news..let's see how it all play's out,we may still be bullish after alll..
Imanuel Parsifal
  • #1,236
  • Jun 5, 2009 12:13am Jun 5, 2009 12:13am
Quoting sycho
o.k. got stopped out of that one for just 3+..seems london favour's the bears after all.what i try to do is,identify the main mind direction of each session,and play along with it..
It's all down to uncertainty about the uk government and gordon brown. Another cabinet minister resigned last night. There are increasing calls for Brown to resign, and if/when that does happen, the pound will get thrashed due to the uncertainty that will introduce.
  • #1,237
  • Jun 5, 2009 12:17am Jun 5, 2009 12:17am
Quoting daffy
It's all down to uncertainty about the uk government and gordon brown. Another cabinet minister resigned last night. There are increasing calls for Brown to resign, and if/when that does happen, the pound will get thrashed due to the uncertainty that will introduce.
i get that clearly bro,was thinking same also,but i asked myself,if i where they what would i do..and i said,i would try boosting the cable to make everything seem as if unaffected by the current scenario..let's see how she play's out..
Imanuel Parsifal
  • #1,238
  • Jun 5, 2009 8:48am Jun 5, 2009 8:48am
Original post : http://www.forexfactory.com/showpost...stcount=135367

Watch the crows
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  • #1,239
  • Jun 5, 2009 9:04am Jun 5, 2009 9:04am
Quoting wormboy
Original post : http://www.forexfactory.com/showpost...stcount=135367

Watch the crows
Hello aziz,though it's been an extreme profit week for me,i just dont feel too well with this g/j not tanking bellow to 140areas...she just seem to be suspended,just above critical 153area..any leads,cause have checked everything,and she should have tanked lower,was forced to close my 160short's..how has your week gone so far?..
Imanuel Parsifal
  • #1,240
  • Jun 5, 2009 9:42am Jun 5, 2009 9:42am
Quoting sycho
Hello aziz,though it's been an extreme profit week for me,i just dont feel too well with this g/j not tanking bellow to 140areas...she just seem to be suspended,just above critical 153area..any leads,cause have checked everything,and she should have tanked lower,was forced to close my 160short's..how has your week gone so far?..
I've had a good week so far bro. Glad to hear you grab some too
Btw, like cable, I am still short on dragon and my bias hasn't changed.
My remaining position stop level remains unchanged for now.
http://www.forexfactory.com/showpost...postcount=1229

Based on the chart I've attached, I've had 2 tl breaks & bar the spike earlier, dragon's slowly but surely inching lower based on the lower lows & lower highs. Plus the daily close bearish engulfing hadn't been invalidated yet. I think that's good enough reasons for me.

Have a good one & good luck
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