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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #1,861
  • Jul 21, 2009 8:20am Jul 21, 2009 8:20am
Quoting wormboy
Placed a small position.

GBP JPY

1. long @154.43 sl @153.25 (0.1)

Need to watch this baby like a hawk :nerd:

Stop amended.

GBP JPY

1. long @154.43 sl @153.80 (0.1)

Looking to either squaring up my position or take a small loss since getting different signals from different tf. Not liking the pa. We'll see how this goes
Thank You
  • #1,862
  • Jul 21, 2009 8:32am Jul 21, 2009 8:32am
Quoting wormboy
Stop amended.

GBP JPY

1. long @154.43 sl @153.80 (0.1)

Looking to either squaring up my position or take a small loss since getting different signals from different tf. Not liking the pa. We'll see how this goes


that long was too early bro...
MY OPINION NOT FINANCIAL ADVISE
  • #1,863
  • Jul 21, 2009 8:42am Jul 21, 2009 8:42am
Quoting wormboy
Stop amended.

GBP JPY

1. long @154.43 sl @153.80 (0.1)

Looking to either squaring up my position or take a small loss since getting different signals from different tf. Not liking the pa. We'll see how this goes

Trade stopped out.

GBP JPY

1. long @154.43 stopped @153.80 (0.1)
Thank You
  • #1,864
  • Jul 21, 2009 8:46am Jul 21, 2009 8:46am
GBP USD

1. short @6446 sl @6570


will add to position once price close below 6380.


Good luck
Thank You
  • #1,865
  • Jul 21, 2009 8:47am Jul 21, 2009 8:47am
Quoting donfriday
that long was too early bro...
yes, it was a bad trade. Daily seems to be engulfing big time.
Small loss nonetheless.
Thank You
  • #1,866
  • Jul 21, 2009 8:52am Jul 21, 2009 8:52am
And I do mean BIGTIME. Gnite bulls.
Attached Image (click to enlarge)
Click to Enlarge Name: gep3.JPG Size: 79 KB
Thank You
  • #1,867
  • Jul 21, 2009 9:06am Jul 21, 2009 9:06am
lol, talk about timely exit
Thank You
  • #1,868
  • Jul 21, 2009 9:18am Jul 21, 2009 9:18am
Quoting wormboy
And I do mean BIGTIME. Gnite bulls.

i am looking for breakout to the down side or we go back up trend will prove this and chart will show this overnight..
previous chart in the morning..
http://www.forexfactory.com/showpost...stcount=185243
we are almost there..
Attached Image (click to enlarge)
Click to Enlarge Name: chart_1.png Size: 41 KB
MY OPINION NOT FINANCIAL ADVISE
  • #1,869
  • Jul 21, 2009 9:43am Jul 21, 2009 9:43am
hey there WB
just wanted to throw in a chart with my view if you dont mind. I try to keep it as clean as possible

price rejected at the .768fib of the whole downmove
if we project this swing to the downside we get exactly 1.58 as a swing end
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd.jpg Size: 88 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #1,870
  • Jul 21, 2009 10:26am Jul 21, 2009 10:26am
Hi Azim. Nice work on the shorts I had a very similar trade on GJ from yesterday and closed out at the lower 1hr TL at 8am uk time today. 130 pips, nice Tried a small long on GJ shortly after from 154.7 but I was a bit early and got stopped out for -15 (stop was a bit too close) but nevermind. Flat for now.

Do you think there is still a chance to retrace towards the 4hr UTL @ 157?
  • #1,871
  • Jul 21, 2009 10:30am Jul 21, 2009 10:30am
Quoting uksnowman
Hi Azim. Nice work on the shorts I had a very similar trade on GJ from yesterday and closed out at the lower 1hr TL at 8am uk time today. 130 pips, nice Tried a small long on GJ shortly after from 154.7 but I was a bit early and got stopped out for -15 (stop was a bit too close) but nevermind. Flat for now.

Do you think there is still a chance to retrace towards the 4hr UTL @ 157?
let me answer u...as long as we dont break that 50sma and at fibo fan ....the update is the first chart above this was previous in the morning still valid till we break 152...
http://www.forexfactory.com/showpost...stcount=185243
MY OPINION NOT FINANCIAL ADVISE
  • #1,872
  • Jul 21, 2009 10:49am Jul 21, 2009 10:49am
Quoting djambazov84
hey there WB ..
Hi djambazov.
I don't mind, I welcome fellow traders who are serious about this business here actually, so welcome
I don't use fibs in my trading btw, so it's interesting to have you & don posting charts with fibs.
Interesting take tho on dragon you have btw, except since we're in a consolidation zone looking to break to the downside, I can't see us getting to 158 level tbh
Thank You
  • #1,873
  • Jul 21, 2009 10:51am Jul 21, 2009 10:51am
Quoting donfriday
i am looking for breakout...
dragon is playing games with us bro lol.
Thank You
  • #1,874
  • Jul 21, 2009 10:56am Jul 21, 2009 10:56am
Quoting uksnowman

Do you think there is still a chance to retrace towards the 4hr UTL @ 157?
No chance - if we close below 153 level
Close below 153 & I will short this sucker back to 148 level.
I put up this h4 chart not too long ago :
http://www.forexfactory.com/showthre...56630&page=120

Look where we are right now.

Nice work on the short yourself too rich. My last trade was tad careless as I realised that we're back into this consolidation zone right after I've long the pair. A reminder of why I'm still not a gazillionaire lol.
Have a good one buddy
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.JPG Size: 81 KB
Thank You
  • #1,875
  • Jul 21, 2009 11:00am Jul 21, 2009 11:00am
my thoughts on geppy

down down down
Attached Image (click to enlarge)
Click to Enlarge Name: gbpjpy.jpg Size: 80 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #1,876
  • Jul 21, 2009 11:07am Jul 21, 2009 11:07am
Quoting wormboy
GBP USD

1. short @6446 sl @6570


will add to position once price close below 6380.


Good luck

Added to position.

GBP USD

1. short @6446 sl @6570 (0.2)

2. short @6421 sl @6570 (0.1)

will still add to position once price close below 6380
Thank You
  • #1,877
  • Jul 21, 2009 11:08am Jul 21, 2009 11:08am
Quoting djambazov84
my thoughts on geppy

down down down
lol sorry buddy, initially I thought you're looking for it to go to 158.
My bad

p/s : I have the same tl break as well. Valid sell if you ask me, except for the h4 consolidation zone which is stopping me from getting crazy lol
Thank You
  • #1,878
  • Jul 21, 2009 11:10am Jul 21, 2009 11:10am
Quoting wormboy
lol sorry buddy, initially I thought you're looking for it to go to 158.
My bad
WB apologies if my post sounded a bit incoherent
my g/u target is 1.58, as for geppy...hmm 80 sound good ? second part was a joke but would not rule out a "W" bottom @ 118 for now if shit really does hit the fan

immediate target for g/u right now is 1.6300-1.6315
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #1,879
  • Jul 21, 2009 11:41am Jul 21, 2009 11:41am
All I need now is for the daily to close bearish & I will go on a selling frenzy lol.

Attached is the half day chart, showing another bearish formation.
Attached Image (click to enlarge)
Click to Enlarge Name: guh12.JPG Size: 85 KB
Thank You
  • #1,880
  • Jul 21, 2009 11:53am Jul 21, 2009 11:53am
Quoting djambazov84
WB apologies if my post sounded a bit incoherent
my g/u target is 1.58, as for geppy...hmm 80 sound good ? second part was a joke but would not rule out a "W" bottom @ 118 for now if shit really does hit the fan

immediate target for g/u right now is 1.6300-1.6315
lol good god man you're modest with the cable target but you go crazy with dragon's
5800 sounds good. But I have 5900 as the line in the sand. close below that and we go straight to my 5300 haha.
As for dragon, close below 153 and my near term target is 148 level. 118 doesn't sound too shabby tho tbh
Thank You
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