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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #2,361
  • Aug 13, 2009 5:45am Aug 13, 2009 5:45am
Quoting wormboy
closed partial.

GBP USD

1. long @6517 closed @6592 (0.1)

Remaining position unchanged.

GBP USD

1. long @6517 sl @6380 (0.2)
Stop for remaining position amended.

GBP USD

1. long @6517 sl @6525 (0.2)
Thank You
  • #2,362
  • Aug 13, 2009 5:54am Aug 13, 2009 5:54am
blown.

earlier post : http://www.forexfactory.com/showpost...postcount=2321
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.JPG Size: 79 KB
Thank You
  • #2,363
  • Aug 13, 2009 7:03am Aug 13, 2009 7:03am
Quoting wormboy
.... I don't really listen to other people when my lucky lines are concerned, since it's been serving me well & I don't need to complicate things further.
Btw, feel free to post your thoughts and analysis here man, it's no issue
Have a good one!
WB, Thanks for the warm welcome.
For the moment I probably won't post charts, since I really appreciate that your site is not polluted with the usual stuff, but has only excellent charts. If I feel I can add to this, I definitely will.
As I said, I am planing my trades with longer term trendlines and fibs. The entries are than done on a smaller time frame after a reversal in the direction of the trend when price is near the 5 SMA. If price reverses further than the 21 EMA, I don't take the trade and sit on my hands (hard lesson learned). The combination of tls, fibs and ema's works well for me, keeps wrong entrys under control.
Cheers!
  • #2,364
  • Aug 13, 2009 7:12am Aug 13, 2009 7:12am
If anyone's wondering why dragon's stalled.

still holding long.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gj1.JPG Size: 72 KB
Click to Enlarge Name: gj1a.JPG Size: 69 KB
Thank You
  • #2,365
  • Aug 13, 2009 7:18am Aug 13, 2009 7:18am
Bear in mind this level had gave some fakey many times before this. So wisest thing to do imho before going long on H1 break is to see if this beast can close above the resistance on the H4.
Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: gj4.JPG Size: 71 KB
Thank You
  • #2,366
  • Aug 13, 2009 7:40am Aug 13, 2009 7:40am
Quoting wormboy
GBP JPY

1. long @159.01 sl @155.90 (0.1)

Good luck
Added to position

GBP JPY

1. long @158.81 sl @158.00 (0.1)

Earlier position unchanged

GBP JPY

1. long @159.01 sl @155.90 (0.1)
Thank You
  • #2,367
  • Aug 13, 2009 7:44am Aug 13, 2009 7:44am
Here's the reason for the addition. Yes, it's a total gamble
But hey, usd1/pip trade, worth the shot lol. Okay forget i said that
Attached Image (click to enlarge)
Click to Enlarge Name: gj1.JPG Size: 70 KB
Thank You
  • #2,368
  • Aug 13, 2009 8:54am Aug 13, 2009 8:54am
Quoting wormboy
Added to position

GBP JPY

1. long @158.81 sl @158.00 (0.1)

Earlier position unchanged

GBP JPY

1. long @159.01 sl @155.90 (0.1)
Okay trade stopped out.

GBP JPY

1. long @158.81 stopped @158.00 (0.1)

Remaining position unchanged.

GBP JPY

1. long @159.01 sl @155.90 (0.1)
Thank You
  • #2,369
  • Aug 13, 2009 1:18pm Aug 13, 2009 1:18pm
Quoting wormboy
Okay trade stopped out.

GBP JPY

1. long @158.81 stopped @158.00 (0.1)

Remaining position unchanged.

GBP JPY

1. long @159.01 sl @155.90 (0.1)
Closed the remaining position and reversed trade.

GBP JPY

1. long @159.01 closed @157.96 (0.1)
Thank You
  • #2,370
  • Aug 13, 2009 1:20pm Aug 13, 2009 1:20pm
Reversed trade. Chart on post #2364 shows why.

GBP JPY

1. short @157.88 sl @160.40 (0.2)
Thank You
  • #2,371
  • Aug 13, 2009 1:22pm Aug 13, 2009 1:22pm
I was going to ask you if your sentiment had changed, I guess you've already answered with your stop and reverse.

I think tomorrow is a bearish day for gu and gj - I've posted my thoughts in the daily candlestick thread. The key is going to be whether GBPLFX breaks through the daily trendline that's been forming since GBPLFX was at its lowest ebb.
  • #2,372
  • Aug 13, 2009 1:22pm Aug 13, 2009 1:22pm
Quoting wormboy
Stop for remaining position amended.

GBP USD

1. long @6517 sl @6525 (0.2)
Trade closed.

GBP USD

1. long @6517 closed @6572 (0.2)
Thank You
  • #2,373
  • Aug 13, 2009 1:27pm Aug 13, 2009 1:27pm
Quoting daffy
I was going to ask you if your sentiment had changed, I guess you've already answered with your stop and reverse.

I think tomorrow is a bearish day for gu and gj - I've posted my thoughts in the daily candlestick thread. The key is going to be whether GBPLFX breaks through the daily trendline that's been forming since GBPLFX was at its lowest ebb.
yup, this is one of those days. had me fooled lol.
I was looking at the H4 lfx jpy and there was the dark cloud cover formation on top of what looks like the 3 crows sitting smack on the 53.55 level support. Could be premature but that somewhat had me convinced.
I'll go to hussin's thread to view your analysis in a bit.
Thank You
  • #2,374
  • Aug 13, 2009 1:40pm Aug 13, 2009 1:40pm
Quoting wormboy
yup, this is one of those days. had me fooled lol.
I was looking at the H4 lfx jpy and there was the dark cloud cover formation on top of what looks like the 3 crows sitting smack on the 53.55 level support. Could be premature but that somewhat had me convinced.
I'll go to hussin's thread to view your analysis in a bit.
I think longs were the right play in the earlier part of the day, but it changed right around the us news release.

Good spot on the crows, I didn't notice them before.
  • #2,375
  • Aug 13, 2009 9:02pm Aug 13, 2009 9:02pm
Azim, you dam trader, LOL!

If I ever catch you again making good calls, post chart and trying to help others, while braging profit, or even a lose from those... i will just shut the fuck and let you go!

Muahah!

Those dam trader...... heheh...
  • #2,376
  • Aug 13, 2009 9:31pm Aug 13, 2009 9:31pm
Quoting Inzider
Azim, you dam trader, LOL!

If I ever catch you again making good calls, post chart and trying to help others, while braging profit, or even a lose from those... i will just shut the fuck and let you go!

Muahah!

Those dam trader...... heheh...
bahahahahahahaa, and to think you got all emotional for no fucking reason earlier!
Have a good one bro
Thank You
  • #2,377
  • Aug 13, 2009 9:34pm Aug 13, 2009 9:34pm
GBP USD

1. short @6591 sl @6700 (0.2)

Good luck
Thank You
  • #2,378
  • Edited 12:20am Aug 14, 2009 12:13am | Edited 12:20am
GBP /USD

Short at 6561 tp 6480

sorry forgot to explain why

bcos i waited for H1 to close below the 61.8 (6562) fib of the last trend on m30 and H1. and i see my first support at 6480
  • #2,379
  • Aug 14, 2009 2:34am Aug 14, 2009 2:34am
Quoting rastapips
GBP /USD

Short at 6561 tp 6480

sorry forgot to explain why

bcos i waited for H1 to close below the 61.8 (6562) fib of the last trend on m30 and H1. and i see my first support at 6480
nicely done bro, you just got paid
Thank You
  • #2,380
  • Aug 14, 2009 2:36am Aug 14, 2009 2:36am
Quoting wormboy
Reversed trade. Chart on post #2364 shows why.

GBP JPY

1. short @157.88 sl @160.40 (0.2)
Stop amended.

GBP JPY

1. short @157.88 sl @157.80 (0.2)
Thank You
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