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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #1,281
  • Jun 10, 2009 3:42am Jun 10, 2009 3:42am
Quoting wormboy
Hey David,

I'm out of cable trades for the time being. Dragon's pinching my nipples right now
Lol. Good luck with your trade mate
I am waiting for the current 4H candle to close on cable so am a bit undecided right now, I see dragon is struggling to get past R2 on the 5th of the June on my chart it is 159.976 It all depends on where cable goes today which I think will dictate what happens with dragon.

I would like to see cable retrace to 1.6200
  • #1,282
  • Jun 10, 2009 4:03am Jun 10, 2009 4:03am
Quoting davids
I am waiting ...
We have pretty much identical levels on dragon.
Just be careful buying cable tho, the weekly star & daily crows are still there staring us down
Thank You
  • #1,283
  • Jun 10, 2009 4:07am Jun 10, 2009 4:07am
Quoting wormboy
Selling off the identical rejection @160.45 resistance which coincides with the old tl. Full lot trade going into this lol.
Ready to dive sycho?

GBP JPY

1. short @159.87 sl @160.60

Stopped out again.
Thank You
  • #1,284
  • Jun 10, 2009 4:15am Jun 10, 2009 4:15am
Quoting wormboy
We have pretty much identical levels on dragon.
Just be careful buying cable tho, the weekly star & daily crows are still there staring us down
im long on gbpjpy..crazy trade the drawdown was a bit to nuts..hope u doing well bro!..
(i only long really cause of the monthly....to many false signals on lower times im finding)

target i think which is achievable is 1.67 assuming the lower target is achieved with a good close on dailly, (no hammer, doji...lol)
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  • #1,285
  • Jun 10, 2009 4:17am Jun 10, 2009 4:17am
And down she goes... yeah, how fu*#!ng original.
Thank You
  • #1,286
  • Jun 10, 2009 4:19am Jun 10, 2009 4:19am
Quoting wormboy
Stopped out again.
HMM,Y! NOT RELAX A BIT BRO...I THINK G/J IS TRYING TO BREAK BACK INTO THE CHANNEL,AND 160.75area it the place to beat now,or bounce from..here is a chart..
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Imanuel Parsifal
  • #1,287
  • Jun 10, 2009 4:20am Jun 10, 2009 4:20am
Hey Nav

Just took a beating bro. I'm just up by 3% so far this month after that blow I took. How are you doing?
Thank You
  • #1,288
  • Jun 10, 2009 4:27am Jun 10, 2009 4:27am
Quoting sycho
HMM ..
yes, gotta admit this top/bottom picking business is pretty much a gamble on my part. Sometimes I get it right, most of the time I don't
(That rofl was a pissed off laugh at myself mind you)
Gotta stick with my rules. Buy strength, sell weakness.
BLOODY REMEMBER THAT AZIM!!

green pips to you my friend, peace out
Thank You
  • #1,289
  • Jun 10, 2009 4:30am Jun 10, 2009 4:30am
Quoting wormboy
Hey Nav

Just took a beating bro. I'm just up by 3% so far this month after that blow I took. How are you doing?
this month is hectic for me bro..im in a trade which is absolutly killing me..thanks god im on a demo still ,got no cash

im hoping this mofo is a retrace of the move down
bloody hell i go with the trend and the mofo raised like a nut....lol

otherwise im doing quite well..just the odd bad tradee here and there, like every1 i guess..
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  • #1,290
  • Jun 10, 2009 4:36am Jun 10, 2009 4:36am
Quoting wormboy
yes, gotta admit this top/bottom picking business is pretty much a gamble on my part. Sometimes I get it right, most of the time I don't
(That rofl was a pissed off laugh at myself mind you)
Gotta stick with my rules. Buy strength, sell weakness.
BLOODY REMEMBER THAT AZIM!!

green pips to you my friend, peace out
thx bro..it use to happen to me like that b/4..but since i started switching strategy as the market condition's changes,so also has my profitability increased..you see most trading technique work well for a set of market condition,say intra-day range.breakout,swing trade e.t.c. playing along ..pays much bro..best of luck trading...
Imanuel Parsifal
  • #1,291
  • Jun 10, 2009 5:02am Jun 10, 2009 5:02am
Quoting nAVIN2007

otherwise im doing quite well..just the odd bad tradee here and there, like every1 i guess..
What do you mean like everyone else?? Haven't you noticed almost everyone & their dog in this forum are making a kajillion dollars a trade except us losers?

anyway good to hear your trades are working out bro. I think you being out of live trading right now is a blessing tho. Very difficult to tweak trade systems while on live I must say. I'm in the process of reworking my stops per trade since yesterday & it is a bitch trying to do so I must admit. Think I'll leave it be for the time being & work my way up to 10% for this month's gains god willing & I'll be out for the rest of the month, revert back to demo to work on the stops.
Btw, I think 6600 level is ancient history. I'm still short bias all the way down to 5300 unless price close above 6600.
Good luck bro
Thank You
  • #1,292
  • Jun 10, 2009 5:08am Jun 10, 2009 5:08am
One more attempt since the last price failed to close above the resistance level.

GBP JPY

1. short @160.26 sl @160.85
Thank You
  • #1,293
  • Jun 10, 2009 5:18am Jun 10, 2009 5:18am
Quoting wormboy
One more attempt since the last price failed to close above the resistance level.

GBP JPY

1. short @160.26 sl @160.85
I think it might work this time provided your stop doesn't get taken out. Cable is showing a bit of weakness, and the USDX is showing a morning star pattern on the hourly (not perfect though), so if cable can break 6340, I reckon your trade will come good.

My concern though is that there does seem to be a lot of buyers at 6340 that seems to be providing good support.

Fingers crossed.
  • #1,294
  • Jun 10, 2009 5:36am Jun 10, 2009 5:36am
Quoting wormboy
One more attempt since the last price failed to close above the resistance level.

GBP JPY

1. short @160.26 sl @160.85
bro.seriously,i think your going to loose money there,the next up test to break back into the thread is just at you sl..may be looking for reversal patterns on 5min and 15min would help..bezt of luck..
Imanuel Parsifal
  • #1,295
  • Jun 10, 2009 6:00am Jun 10, 2009 6:00am
Quoting daffy
I think it....
Hope you're right mate. Nipple's getting pinched again
Thank You
  • #1,296
  • Jun 10, 2009 6:02am Jun 10, 2009 6:02am
Quoting sycho
bro.seriously,i think your going to loose money there,the next up test to break back into the thread is just at you sl..may be looking for reversal patterns on 5min and 15min would help..bezt of luck..
It's okay. Won't be the first
I don't trade anything lower than hourly charts my friend, too much adrenaline haha.
Thanks for the heads up tho. Appreciate it.
Thank You
  • #1,297
  • Jun 10, 2009 6:12am Jun 10, 2009 6:12am
Quoting wormboy
It's okay. Won't be the first
I don't trade anything lower than hourly charts my friend, too much adrenaline haha.
Thanks for the heads up tho. Appreciate it.
i understand mate.no guarantees in this our game of pumpum..best of luck...
Imanuel Parsifal
  • #1,298
  • Jun 10, 2009 6:12am Jun 10, 2009 6:12am
Here's what I spy on the usdx.

Morning star on the hourly, at a former resistance turned support, but, we hit a descending trendline which is acting as resistance.

We might not get a decision until the trade balance news though.
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  • #1,299
  • Jun 10, 2009 6:22am Jun 10, 2009 6:22am
Quoting wormboy
One more attempt since the last price failed to close above the resistance level.

GBP JPY

1. short @160.26 sl @160.85
Welp, there goes. Stopped out again.
Thank You
  • #1,300
  • Jun 10, 2009 6:24am Jun 10, 2009 6:24am
Quoting wormboy
Welp, there goes. Stopped out again.
Does not sound as if you are having much fun today
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