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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #3,061
  • Sep 23, 2009 2:30pm Sep 23, 2009 2:30pm
Quoting albchr
Yeah, part of those decisions I was talking about was moving that off a bit further. Oh well, I'll just have to wait now to see what's what. I' won't short here unless we break lower supports now like 6380. If it get's back up there (doubtful), I'll get in for a try. But I think today is toast.
sorry about today bro. but you'll come around
btw, I hope you have not ditched your dailies. I'll catch up with you tomorrow bro, need to sleep. Good luck !
Thank You
  • #3,062
  • Sep 23, 2009 4:03pm Sep 23, 2009 4:03pm
Quoting wormboy
sorry about today bro. but you'll come around
btw, I hope you have not ditched your dailies. I'll catch up with you tomorrow bro, need to sleep. Good luck !
LOL freaking killer. 100 pip drop. I'll tell ya buddy, just like with women and everything else, EVERY time I don't follow my instincts I loose. When you first contacted me and said I have a good "feel" for the market? That's PRECISELY what I need to get back to listening to.

It was nothing more than instincts that told me to put that PO there. Instincts (after your comment) "first" told me just back the stop off another 30 pips. When I decided to delete it completely my instincts were screaming at me not to.....LOL...

I know that one can't be consistent in this game based solely on instinct, but they sure help.
Ghost Rider - WWTBMD?
  • #3,063
  • Sep 23, 2009 7:14pm Sep 23, 2009 7:14pm
Hey wormie. For GBP, support effectively held and the pair is likely to rally back up to resistance levels. The overlay of EURUSD and GBPUSD shows that the two are unlikely to diverge for much longer. I am expecting to see GBP catch up with EUR

GBPUSD is back in the heart of the 'range' and momentum seems likely to push it up further. I feel that the overall support level at 1.6113 has been effectively held and that GBPUSD should test 1.6740/45 this week.

Your thoughts?
  • #3,064
  • Sep 23, 2009 9:32pm Sep 23, 2009 9:32pm
Quoting wormboy
thanks bro

running short @404
Ya me too but kat 403
Thanks
  • #3,065
  • Sep 23, 2009 10:30pm Sep 23, 2009 10:30pm
Quoting drfx
Hey wormie. For GBP, support effectively held and the pair is likely to rally back up to resistance levels. The overlay of EURUSD and GBPUSD shows that the two are unlikely to diverge for much longer. I am expecting to see GBP catch up with EUR

GBPUSD is back in the heart of the 'range' and momentum seems likely to push it up further. I feel that the overall support level at 1.6113 has been effectively held and that GBPUSD should test 1.6740/45 this week.

Your thoughts?
Don't think so, unless price close above 6600. Doesn't look like happening. Check the daily.

1. http://www.forexfactory.com/showpost...postcount=3057

Good luck
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Thank You
  • #3,066
  • Sep 24, 2009 12:20am Sep 24, 2009 12:20am
i noticed from the thread that you may have an existing short at 1.6404. where would you sq that off? Or are you adding more shorts?
  • #3,067
  • Sep 24, 2009 3:55am Sep 24, 2009 3:55am
Quoting wormboy
Don't think so, unless price close above 6600. Doesn't look like happening. Check the daily.

1. http://www.forexfactory.com/showpost...postcount=3057

Good luck
That drop after BoE King came on the wires was nothing short of obscene! Close to 70 pips onthe hourly candle, more than double the hourly ATR(14) before the move (it stood at 33).

I was short from 1.6341 and have locked in profits after this extreme spike, but am ready to add on a clear break of last week's low at 1.6207 and through congestion around 1.6180.

But first I'll go and buy my cats a beer. No fun trading sober
  • #3,068
  • Sep 24, 2009 4:00am Sep 24, 2009 4:00am
I'm also currently pyramiding short into EUR/JPY. Benefits from the strong yen today just as much as GBP/JPY, on the other hand EUR/USD has been holding steady today and in my mind not due for an upside pull-back like GBP/USD might. H4 chart and hourly looking very promising.
  • #3,069
  • Sep 24, 2009 4:20am Sep 24, 2009 4:20am
Quoting wormboy
GBP USD

1. short @6404 sl @6485 (0.1)

Trade ended

GBP USD

1. short @6404 closed @6195 (0.1)
Thank You
  • #3,070
  • Sep 24, 2009 4:26am Sep 24, 2009 4:26am
lol dragon got to the 147 target I had initially too. Too bad not trading it this time
Thank You
  • #3,071
  • Sep 24, 2009 4:30am Sep 24, 2009 4:30am
yo wormie, nice trade but why did you close it?
targeting 1.58 no more?

Quoting wormboy
Trade ended

GBP USD

1. short @6404 closed @6195 (0.1)
  • #3,072
  • Sep 24, 2009 4:49am Sep 24, 2009 4:49am
Quoting pso
yo wormie, nice trade but why did you close it?
targeting 1.58 no more?
Lol you'd laugh if I tell you.

I accidentally closed the trade when I was setting the trail
Thank You
  • #3,073
  • Sep 24, 2009 4:50am Sep 24, 2009 4:50am
Quoting jesperweber
That drop after BoE King came on the wires was nothing short of obscene! Close to 70 pips onthe hourly candle, more than double the hourly ATR(14) before the move (it stood at 33).

I was short from 1.6341 and have locked in profits after this extreme spike, but am ready to add on a clear break of last week's low at 1.6207 and through congestion around 1.6180.

But first I'll go and buy my cats a beer. No fun trading sober
Sounds like you're having boatloads of fun jesper! lol
Thank You
  • #3,074
  • Sep 24, 2009 4:54am Sep 24, 2009 4:54am
LOL
no worry it's climbing up a bit now. sell sell sell
Quoting wormboy
Lol you'd laugh if I tell you.

I accidentally closed the trade when I was setting the trail
  • #3,075
  • Sep 24, 2009 5:47am Sep 24, 2009 5:47am
Counter trend for small profit. Let's see.

GBP JPY

1. long @146.59 sl @146.25 tp @147.25 (0.2)
Thank You
  • #3,076
  • Sep 24, 2009 5:52am Sep 24, 2009 5:52am
Quoting wormboy
Sounds like you're having boatloads of fun jesper! lol
Well, I guess that's just me...

If you ever come to Tokyo we'll hang out and I'll buy you a drink
  • #3,077
  • Sep 24, 2009 7:12am Sep 24, 2009 7:12am
Quoting wormboy
Counter trend for small profit. Let's see.

GBP JPY

1. long @146.59 sl @146.25 tp @147.25 (0.2)
Okay trade closed manually.

GBP JPY

1. long @146.59 closed @147.17 (0.2)
Thank You
  • #3,078
  • Sep 24, 2009 7:14am Sep 24, 2009 7:14am
Eur Usd

1. short @4771 sl @4855 (0.2)
Thank You
  • #3,079
  • Sep 24, 2009 8:33am Sep 24, 2009 8:33am
Bro worm, wanna ask you, what possible lowest price range (GU) for this week and next week? thanks... nak tutup semua sell nie
  • #3,080
  • Sep 24, 2009 8:38am Sep 24, 2009 8:38am
Quoting okie
Bro worm, wanna ask you, what possible lowest price range (GU) for this week and next week? thanks... nak tutup semua sell nie
how many open positions do you have open?
scale out accordingly if you have multiple positions. contoh, kalau ada 2 open positions, close satu, then lock lagi satu be +50% of total gains. Because kalau ikut, we're already at the bottom range, but supposedly if the dollar pick up, then cable will tank deep so at least your remaining trade position yang satu lagi tu still available
Thank You
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