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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #3,281
  • Oct 7, 2009 7:14am Oct 7, 2009 7:14am
Quoting noobfx
SL takde.. gune EA multiple stoploss. set to 200+
No hard stops?
Bahaya tu
Thank You
  • #3,282
  • Oct 7, 2009 7:17am Oct 7, 2009 7:17am
Quoting wormboy
Probably. But too soon to say. It's still testing breakout resistance.
I don't trade other yen pairs bro
movement pattern almost the same bro..just tgk2 jer...
sumtime i take the trade.
  • #3,283
  • Oct 7, 2009 7:20am Oct 7, 2009 7:20am
Quoting wormboy
No hard stops?
Bahaya tu

ehmmm nope

jarang..sumtime put stoploss got hit too soon.
max around 150(GJ) 100(GU)
  • #3,284
  • Oct 7, 2009 7:22am Oct 7, 2009 7:22am
Quoting noobfx
ehmmm nope

jarang..sumtime put stoploss got hit too soon.
max around 150(GJ) 100(GU)
You have to drop that habit bro.
Hard stop is a must

Okay be back later. Dinner time. Trade safe!
Thank You
  • #3,285
  • Oct 7, 2009 7:36am Oct 7, 2009 7:36am
Hey wormy!
What I found rather interesting yesterday was that gold shot up and money poured from the dollar, most currencies gained but cable didn't do much of anything. Says a lot about the state of things. The Australian interest rate change was pretty cool as well.

Keep up the good work my friend, I check your thread daily!
  • #3,286
  • Oct 7, 2009 8:23am Oct 7, 2009 8:23am
Quoting wormboy
Stop amended.

GBP JPY

1. short @142.05 sl @141.95 (0.1)
Trade stopped out.

GBP JPY

1. short @142.05 stopped @141.95 (0.1)
Thank You
  • #3,287
  • Oct 7, 2009 8:41am Oct 7, 2009 8:41am
Again.

GBP JPY

1. short @ 141.74 sl @143.85
Thank You
  • #3,288
  • Oct 7, 2009 9:04am Oct 7, 2009 9:04am
Quoting calderone
Hey wormy!
What I found rather interesting yesterday was that gold shot up and money poured from the dollar, most currencies gained but cable didn't do much of anything. Says a lot about the state of things. The Australian interest rate change was pretty cool as well.

Keep up the good work my friend, I check your thread daily!
Hey what's up bro. Hope you're doing good
Yea cable is a pain to trade unless scalping methinks. Monster range for a few days now.
Have a good one!
Thank You
  • #3,289
  • Oct 7, 2009 9:12am Oct 7, 2009 9:12am
What a day
Short looking good atm.
Mean shooting star off the subltl indicated strong rejection. Weak longs just got their life shaken out of them.
Another go @140 level would be nice. I stand corrected, daily close will be interesting. Let's see
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.JPG Size: 69 KB
Thank You
  • #3,290
  • Oct 7, 2009 11:09am Oct 7, 2009 11:09am
still holding GJ short ke bro?
  • #3,291
  • Edited 12:30pm Oct 7, 2009 12:19pm | Edited 12:30pm
Wormboy,
When I look at the GY and UJ charts right now I see a bull flag on 15M and 30M. I see the analysis on DT's thread but that flag has me nervous to short right now. What do you think? Also GU looks like a slightly rounded bottom on 60M chart. Its above (21ema)almost above 50ema. I can't post on the DT's thread, maybe because I've never posted a chart.
  • #3,292
  • Oct 7, 2009 2:52pm Oct 7, 2009 2:52pm
Quoting noobfx
still holding GJ short ke bro?
yup
Thank You
  • #3,293
  • Oct 7, 2009 3:12pm Oct 7, 2009 3:12pm
Quoting fxgrnwise
Wormboy,
When I look at the GY and UJ charts right now I see a bull flag on 15M and 30M. I see the analysis on DT's thread but that flag has me nervous to short right now. What do you think? Also GU looks like a slightly rounded bottom on 60M chart. Its above (21ema)almost above 50ema. I can't post on the DT's thread, maybe because I've never posted a chart.
hi fxgrnwise.

It's not up to me but I think the best thing for you to do is to wait for the daily close on dragon before positioning. Btw, I do not trade from m15 or m30. The H4 is still trending down to me.
With your reference to the rounded bottom on cable, I'm afraid there isn't one. Rounded bottom is derived following a downtrend. In this case, it's consolidation. I personally would not give it a thought. I can't comment with the ema crosses as I do not use them, but I think you really should look at the high tf before placing a new order.
I have attached a H4 chart for your reference if you need it. As you can see, we still are in a strong downtrending channel. But price had consolidated in a triangle formation within the channel & is getting tighter as days pass indicating a very large move is imminent.
Would probably be wise to wait for the breakout to confirm.
Hope that helps. Have a good one


p/s : regarding not being able to post in dt's thread it's because of the minimum 1vouch limit to post he had enforced to minimise the "noise" level. I'll inform him to put you on his buddy list which will allow you to post.
Attached Image (click to enlarge)
Click to Enlarge Name: guh4a.JPG Size: 85 KB
Thank You
  • #3,294
  • Oct 7, 2009 4:57pm Oct 7, 2009 4:57pm
Thanks for the chart, I've been taking a crash course in pitchforks and I am pleased to see I am not off base.

  • #3,295
  • Oct 7, 2009 6:01pm Oct 7, 2009 6:01pm
Thanks Wormboy, I trade off smaller time frames but look at larger ones.
I don't consider myself pro enough to really give analysis, and if DT lets me post there it will be questions like this. I think what I saw on GU 30M was the bottom for the little breakout that happened this afternoon.
Thanks again
  • #3,296
  • Oct 7, 2009 6:45pm Oct 7, 2009 6:45pm
After a few days of non events, today wil undoubtedly be bumpy
Attached Image (click to enlarge)
Click to Enlarge Name: news.JPG Size: 152 KB
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  • #3,297
  • Oct 7, 2009 7:15pm Oct 7, 2009 7:15pm
Wormie. You still convinced on a cable short? You're right....GBP has been
surprisingly non-volatile. News on the UK still is a negative and ppl are calling for negative interest rates to help boost the economy (article link attached).

Are you still calling a short on cable? What levels would you add to your shorts?

http://www.citywire.co.uk/personal/-...aspx?ID=360693
  • #3,298
  • Oct 7, 2009 7:47pm Oct 7, 2009 7:47pm
Quoting wormboy
Taking some off the table.

GBP USD

1. short @5906 closed @5875 (0.1)

Remaining trade unchanged.

GBP USD

1. short @5873 sl @6130 (0.2)
Added to position

GBP USD

1. short @5873 sl @6130 (0.2)

2. short @6001 sl @6130 (0.1)
Thank You
  • #3,299
  • Oct 7, 2009 7:54pm Oct 7, 2009 7:54pm
Gold sets to test dizzy heights again.
Dragon hanging by a wire atm. I hope she crash & burn
Attached Image (click to enlarge)
Click to Enlarge Name: gold.JPG Size: 65 KB
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  • #3,300
  • Oct 7, 2009 8:21pm Oct 7, 2009 8:21pm
There she goes. Another new high.
Dragon sure taking her own sweet time to tank
Attached Image (click to enlarge)
Click to Enlarge Name: gold.JPG Size: 60 KB
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