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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #2,441
  • Aug 17, 2009 11:42pm Aug 17, 2009 11:42pm
Quoting crabcake
hi WB.. may i join?

I have short too for GJ.. whats your trget for this one?
Hi, welcome to the thread.
Just remember, no wild calls okay. You're welcomed to post your thought and analysis whenever you feel like it.

My target for the trade is 151. ( The 151 target is highlighted in this chart : http://www.forexfactory.com/showpost...postcount=2412 ) But as you know, I rarely place any tp on my trades, usually i'll let my profit run. The only thing that matters for me is locking my gain. With this trade I'm looking at 154.55 as the trigger to move my stop to be +5 and start trailing. We'll see.
Okay, lunch time, be back later. Good luck with your trade
Thank You
  • #2,442
  • Aug 18, 2009 12:33am Aug 18, 2009 12:33am
Hi WORMBOY ,nice trades there just noticed dragon operates closely to pivots and i use pivots mainly in trading ,anyway nice work and keen to follow your theories..cheers trev...
Attached Image (click to enlarge)
Click to Enlarge Name: dragon.gif Size: 13 KB
  • #2,443
  • Aug 18, 2009 1:40am Aug 18, 2009 1:40am
Quoting wormboy
Done. Tp hit


GBP JPY

1. long @153.89 tp @155.35 (0.1)
nice trade bro..that was the 4hr pin right..i took that as well but i didnt like the idea of the hedge so i bailed after 40 pips..keep up the great trading bro..
  • #2,444
  • Aug 18, 2009 2:39am Aug 18, 2009 2:39am
GBP USD

1. short @6403 sl @6485 (0.1)

Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.JPG Size: 79 KB
Thank You
  • #2,445
  • Aug 18, 2009 2:41am Aug 18, 2009 2:41am
Quoting trj6911
Hi WORMBOY ,nice trades there just noticed dragon operates closely to pivots and i use pivots mainly in trading ,anyway nice work and keen to follow your theories..cheers trev...
hi trev, welcome to the hole
Thank You
  • #2,446
  • Aug 18, 2009 2:42am Aug 18, 2009 2:42am
Quoting nAVIN2007
nice trade bro..that was the 4hr pin right..i took that as well but i didnt like the idea of the hedge so i bailed after 40 pips..keep up the great trading bro..
Thanks bro. Yup you got it, plus it was rejected at the support, I thought it was worth the shot at the time.
Thank You
  • #2,447
  • Aug 18, 2009 3:07am Aug 18, 2009 3:07am
Quoting Angelina
38% 15mins shows 5600 i was long @ 5390 sl @ BE now.
just hit my 38.1% 5600.
nice guys
  • #2,448
  • Aug 18, 2009 4:45am Aug 18, 2009 4:45am
thanks buddy!got registered to fxcm. they will take a day crdit my account so now enjoying demo

best of luck to all
Forex success = Patience + Leverage
  • #2,449
  • Aug 18, 2009 5:22am Aug 18, 2009 5:22am
Quoting ashukla1980
thanks buddy!got registered to fxcm. they will take a day crdit my account so now enjoying demo

best of luck to all
[I fully appreciate that the following is outside the scope of this thread, so if anybody wants to discuss this further I'd offer to take it offline.]

If you are planning to trade with FXCM using Metatrader, I advise to regularly look at the "Account History" tab. Other than most brokers, they do not show swap but instead conduct "balance adjustments". It happened to me a couple of times that I found unproportionally large negative adjustments that just did not agree with my usual position size. There is no reference given to the trade that the adjustment was applied to.

FXCM-representatives explained to me that they are having occasional issues with the company that runs the MT4 platform for them, which is located in Russia (not to imply anything about the country, just to document that they are an outside and physically remote business partner to FXCM). The issue is that settlements are mistakenly calculated at larger-than-actual position sizes.

This does not happen often, and when I inquired to FXCM they always acted in good faith and reimbursed me fully and promptly. But I think it is a good idea to stay on your toes.

I have used their other platform (FXCM Trading Station). in the past, which runs directly from their back-office, and never encountered these issues. I have no experience with the Active Trader platform.

I apologize if I cluttered the thread, but I felt for somebody new to trading in general and only starting to deal with FXCM this information could be valuable.

jesper
  • #2,450
  • Aug 18, 2009 5:47am Aug 18, 2009 5:47am
Try alapari UK .they dont rollover only US brokers do...thats my understanding..
  • #2,451
  • Aug 18, 2009 6:42am Aug 18, 2009 6:42am
Quoting wormboy
GBP JPY

1. short @155.49 sl @157.50 (0.1)


Good luck
hello!!
best of luck bro!

m having short from 156.50 @ 0.1 lot in gj
and 1.6450 @ 0.1 lot in gu
hope we'll b having a good time today and tomorrow as well ....
  • #2,452
  • Aug 18, 2009 9:25am Aug 18, 2009 9:25am
Quoting wormboy
GBP USD

1. short @6403 sl @6485 (0.1)

Good luck

Woops. Stopped out.

GBP USD

1. short @6403 stopped @6485 (0.1)
Thank You
  • #2,453
  • Aug 18, 2009 11:27am Aug 18, 2009 11:27am
Quoting wormboy
Thanks bro. Yup you got it, plus it was rejected at the support, I thought it was worth the shot at the time.
damn man we had a reversal...the mofo broke the top..i thought it was a simple retrace..oh well
  • #2,454
  • Aug 18, 2009 11:56am Aug 18, 2009 11:56am
Quoting wormboy
GBP JPY

1. short @155.49 sl @157.50 (0.1)


Good luck

Stop amended. Lowering stop to avoid bigger loss.

GBP JPY

1. short @155.49 sl @157.00 (0.1)
Thank You
  • #2,455
  • Aug 18, 2009 11:59am Aug 18, 2009 11:59am
Quoting nAVIN2007
damn man we had a reversal...the mofo broke the top..i thought it was a simple retrace..oh well
yup, we overlooked a few things admittingly bro. Cable is still in this damn range from June, should've known better. Welp, always have room to get our asses kicked & learn
Thank You
  • #2,456
  • Aug 18, 2009 12:32pm Aug 18, 2009 12:32pm
we arent meant to be right all the time...this is trading....just wait for the Next Bus....

My view at present...12 hr Tf

http://www.forexfactory.com/showpost...ostcount=23194


baz
  • #2,457
  • Aug 18, 2009 12:52pm Aug 18, 2009 12:52pm
Quoting baz
we arent meant to be right all the time...this is trading....just wait for the Next Bus....

My view at present...12 hr Tf

http://www.forexfactory.com/showpost...ostcount=23194


baz
Cheers baz thanks for sharing. Good to see we're pretty much looking at the same thing - almost
My post earlier on cable thread:
http://www.forexfactory.com/showpost...stcount=158879
Thank You
  • #2,458
  • Aug 18, 2009 12:55pm Aug 18, 2009 12:55pm
Quoting wormboy
Cheers baz thanks for sharing. Good to see we're pretty much looking at the same thing - almost
My post earlier on cable thread:
http://www.forexfactory.com/showpost...stcount=158879
Azim,yes,as always let PA guide,BUT i am amazed at the UP DAY today,should we get a GOOD close above 1.6600 on a HTF .....i see 1.7000 tested again..

BUT i smell a RAT !!

baz
  • #2,459
  • Aug 18, 2009 1:02pm Aug 18, 2009 1:02pm
Quoting wormboy
Stop amended. Lowering stop to avoid bigger loss.

GBP JPY

1. short @155.49 sl @157.00 (0.1)
Trade stopped out.

GBP JPY

1. short @155.49 stopped @157.00 (0.1)


flat for now.
Thank You
  • #2,460
  • Aug 18, 2009 1:20pm Aug 18, 2009 1:20pm
Quoting wormboy
yup, we overlooked a few things admittingly bro. Cable is still in this damn range from June, should've known better. Welp, always have room to get our asses kicked & learn
i learned something from it thou..not sure so much about dragon but cable trendlines on dailly suggested this may bounce..just a pity i never really relly on them

gonna change that a bit thou..
all we can do is learn bro..like baz say cant always get it right good thing is u go light at the right time..

that is a skill in itself
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