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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #2,681
  • Aug 27, 2009 10:47am Aug 27, 2009 10:47am
Quoting $maker
yeah i actually did see that... but now it seems more convincing coming from you... its still at 151.. i will go for 0.10
need some $$ today

haha.. 2usd/pip no biggie... hmmmmm whats the tgt u looking at!

3rd edit... do you think that if GBPUSD reverses..this would too?
welp, if this trade does not fail, I plan to hold it till 147 level.

Cable is still ranging, hard to say, but I'm not too worried as long as we stay below 6270
Thank You
  • #2,682
  • Aug 27, 2009 10:53am Aug 27, 2009 10:53am
Quoting wormboy
welp, if this trade does not fail, I plan to hold it till 147 level.

Cable is still ranging, hard to say, but I'm not too worried as long as we stay below 6270
I am gonna be worried coz as long as its between 6270 and 6158... i am not taking a trade .. as advised by you .. so im bored watching this...
  • #2,683
  • Aug 27, 2009 11:17am Aug 27, 2009 11:17am
Quoting wormboy
GBP USD

1. short @6344 sl @7065 tp @5245 (0.5)

Good luck
Closed 2/5 of position.

GBP USD

1. short @6344 closed @6212 (0.2)

Remaining stop amended.

GBP USD

1. short @6344 sl @6335 tp @5245 (0.3)
Thank You
  • #2,684
  • Aug 27, 2009 2:03pm Aug 27, 2009 2:03pm
anyone knows what happened? price just shot up. I honestly didn't see that one coming.
Went to bed for a few hours, got up for a drink and saw this lol. Some timing they pick
Thank You
  • #2,685
  • Aug 27, 2009 2:12pm Aug 27, 2009 2:12pm
Quoting wormboy
anyone knows what happened? price just shot up. I honestly didn't see that one coming.
Went to bed for a few hours, got up for a drink and saw this lol. Some timing they pick
strong base bro...charts are very confusing..it can go down but it also can shoot up..PA on dailly kinda supporting up..
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  • #2,686
  • Aug 27, 2009 2:17pm Aug 27, 2009 2:17pm
its crazy ...how can any1 say where this heading?....
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  • #2,687
  • Aug 27, 2009 2:26pm Aug 27, 2009 2:26pm
Quoting nAVIN2007
strong base bro...charts are very confusing..it can go down but it also can shoot up..PA on dailly kinda supporting up..
okay. think I'll reasses tomorrow. Too tired to do it now.
If this continues up I'll be glad to go away with a bit of profit. Good thing I booked 2/5 of the last batch of my shorts before I went for a shuteye earlier.
Last Friday of the month tomorrow before September bro, might get bumpy.
I won't rush things tomorrow that's for sure
Thank You
  • #2,688
  • Aug 27, 2009 2:49pm Aug 27, 2009 2:49pm
Quoting wormboy
okay. think I'll reasses tomorrow. Too tired to do it now.
If this continues up I'll be glad to go away with a bit of profit. Good thing I booked 2/5 of the last batch of my shorts before I went for a shuteye earlier.
Last Friday of the month tomorrow before September bro, might get bumpy.
I won't rush things tomorrow that's for sure

weekly close is very important...i almost went short..and long
amazing how a real account makes me think
  • #2,689
  • Aug 27, 2009 4:00pm Aug 27, 2009 4:00pm
Quoting nAVIN2007
weekly close is very important...i almost went short..and long
amazing how a real account makes me think
Well Nav, IMHO, unless this puppy just skyrockets by the end of this week, I can't see anything but bearish signals here. What's your thinking?
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Ghost Rider - WWTBMD?
  • #2,690
  • Aug 27, 2009 4:51pm Aug 27, 2009 4:51pm
Dragon is respectful of S3 its unbelievable although 4HR tells us a diffrent story . this cable analysis from itchy cucumber analysts they missed there sell t by 3 pips.cheers New strategy : Sell at 1.6305, Target: 1.6130, Stop: 1.6365 As the British pound has remained under pressure, suggesting recent decline from 1.7044 is still in progress and further fall towards 1.6120/30 is likely, however, near term oversold condition should limit downside to 1.6070/80 and reckon chart support at 1.6033 would hold from here and bring rebound later today or tomorrow. In view of the above analysis, we are still looking to sell sterling on recovery as pullback to the Tenkan-Sen (now at 1.6254) is likely but renewed selling should emerge around 1.6310/20 and bring such a selloff. Only above the Kijun-Sen (now at 1.6389) would suggests a temporary low has possibly been formed and risk correction to 1.6419 (previous support turned resistance) and then the Ichimoku cloud (now at 1.6471-78).
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  • #2,691
  • Aug 28, 2009 12:14am Aug 28, 2009 12:14am
Quoting gammase1
Personally, I would have waited to see a clean break below yesterday's low. Overall, we are in a strong downtrend, though, so you should be okay, but your point of entry could've been better. Definitely not telling you how to trade, only giving an opinion.

If we see a sell-off in equities - even just a relatively minor correction - and other risk assets later today, then we may be gifted with some further downside moves on sterling and the other beta currencies, with the greenback and yen being the obvious beneficiaries, particularly the latter....
hmmm.. good point Paul ! Thank god I had closed this trade for just -10 pips not liking the price action at that time.

Now we need to watch where this bitch wants to go
  • #2,692
  • Aug 28, 2009 1:50am Aug 28, 2009 1:50am
Quoting wormboy
Added to position

GBP JPY

1. short @155.27 sl @152.85 (0.1)

2. short @151.34 sl @152.85 (0.1)
Okay trade done.


GBP JPY

1. short @155.27 stopped @152.85 (0.1)

2. short @151.34 stopped @152.85 (0.1)
Thank You
  • #2,693
  • Aug 28, 2009 2:03am Aug 28, 2009 2:03am
Okay, posted this at the other thread :
http://www.forexfactory.com/showpost...stcount=161515

No, I'm not ready to go long yet. Not planning on it. Still looking to sell weakness when I spot it.
Have a good one
Thank You
  • #2,694
  • Aug 28, 2009 4:21am Aug 28, 2009 4:21am
Quoting wormboy
Closed 2/5 of position.

GBP USD

1. short @6344 closed @6212 (0.2)

Remaining stop amended.

GBP USD

1. short @6344 sl @6335 tp @5245 (0.3)

Remaining trade done.

GBP USD

1. short @6344 stopped @6335 (0.3)

Flat till next week.
Thank You
  • #2,695
  • Aug 28, 2009 4:35am Aug 28, 2009 4:35am
Afternoon azim..
Hows the day goin for you bro..
  • #2,696
  • Aug 28, 2009 7:20am Aug 28, 2009 7:20am
If it breaks R2 i reckon could be a short with CCI facing down need to cross the 0 first i guess R3 should limit any upside but is a fair distance away..
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  • #2,697
  • Aug 28, 2009 9:06am Aug 28, 2009 9:06am
GBP JPY

1. short @152.80 sl @153.80 tp @151.80 (0.5)

leaving this over. okay off for the weekend. good luck everyone
Thank You
  • #2,698
  • Aug 28, 2009 9:13am Aug 28, 2009 9:13am
Took that short on the dow warning.
Let's see how this goes.

kthanksbye
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Thank You
  • #2,699
  • Aug 28, 2009 10:13am Aug 28, 2009 10:13am
GBP USD

1. short @6317 sl @6480 (0.2)
Thank You
  • #2,700
  • Aug 28, 2009 10:15am Aug 28, 2009 10:15am
Quoting wormboy
GBP JPY

1. short @152.80 sl @153.80 tp @151.80 (0.5)

leaving this over. okay off for the weekend. good luck everyone
Closed partial

GBP JPY

1. short @152.80 closed @152.23 (0.3)

Remaining stop amended.

GBP JPY

1. short @152.80 sl @152.90 tp @151.80 (0.2)
Thank You
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