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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #3,341
  • Oct 14, 2009 2:32am Oct 14, 2009 2:32am
Thanks jesper
Thank You
  • #3,342
  • Oct 14, 2009 2:40am Oct 14, 2009 2:40am
Reason for cable shorts.

Earlier charts :
http://www.forexfactory.com/showpost...postcount=3316
Attached Image (click to enlarge)
Click to Enlarge Name: gud.JPG Size: 90 KB
Thank You
  • #3,343
  • Oct 14, 2009 2:41am Oct 14, 2009 2:41am
Hi worm

I like the way how u reenter the trade. I have been following ur thread n see each & every trade u enter & reenter the same pair, very very interesting.

Btw, the resistance of GBP/JPY has been retest for a many times already now (4h Chart), & I dont see why the trend is reversal. The bullish is not very smooth either. They need to push harder lol. Soon this pair will follow his master. Bearish until his master dead.

Good job Worm.
  • #3,344
  • Edited Oct 15, 2009 1:19am Oct 14, 2009 4:38am | Edited Oct 15, 2009 1:19am
Quoting wormboy
Added to position

GBP USD

1. short @5872 sl @6035 (0.1)

2. short @5959 sl @6035 (0.1)

Widening stops.


GBP USD

1. short @5872 sl @6130 (0.1)

2. short @5959 sl @6130 (0.1)
Thank You
  • #3,345
  • Oct 14, 2009 4:44am Oct 14, 2009 4:44am
Here's the reason for the stops adjustments. I'd like to give some room for the next H4 to open/close and see if price would still close below the utl resistance. Reason is that the current upmove has a close resemblance of the previous leg up. Could just be me, but I am willing to take my chances.
Risking the every pip of October's gain so far on these stops adjustments.
Will be back at breakeven if this does not work out. If the next H4 close outside the utl without taking my stops, I will kill this trade.
Attached Image (click to enlarge)
Click to Enlarge Name: gu4a.JPG Size: 72 KB
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  • #3,346
  • Oct 14, 2009 4:54am Oct 14, 2009 4:54am
Quoting phai
Hi worm

I like the way how u reenter the trade. I have been following ur thread n see each & every trade u enter & reenter the same pair, very very interesting.

Btw, the resistance of GBP/JPY has been retest for a many times already now (4h Chart), & I dont see why the trend is reversal. The bullish is not very smooth either. They need to push harder lol. Soon this pair will follow his master. Bearish until his master dead.

Good job Worm.
Hi phai, welcome aboard

Dragon is far from bullish I agree. The closest one can call is ranging, but with the major trend being down, a sell order would usually look a better option than long. That is till the trend bends of course. We'll take our chances, till pa clearly supports bullish bias
Thanks for the kind words & good luck with your trades!
Thank You
  • #3,347
  • Oct 14, 2009 5:09am Oct 14, 2009 5:09am
Nerve wracking eh buddy?

http://www.forexfactory.com/showpost...&postcount=134

LOL
Ghost Rider - WWTBMD?
  • #3,348
  • Oct 14, 2009 5:15am Oct 14, 2009 5:15am
lol no
Thank You
  • #3,349
  • Oct 14, 2009 5:22am Oct 14, 2009 5:22am
Quoting wormboy
lol no

LOL....BS....You moved your stops too....

Ghost Rider - WWTBMD?
  • #3,350
  • Oct 14, 2009 6:38am Oct 14, 2009 6:38am
Quoting wormboy
Booked.

GBP JPY

1. short @142.97 closed @142.01 (0.1)


Remaining unchanged

GBP JPY

1. short @ 141.74 sl @143.35 (0.2)

2. short @ 141.66 sl @143.35 (0.1)
Trade stopped out.

GBP JPY

1. short @ 141.74 stopped @143.35 (0.2)

2. short @ 141.66 stopped @143.35 (0.1)
Thank You
  • #3,351
  • Oct 14, 2009 6:57am Oct 14, 2009 6:57am
Hope you are fine hope we can go south today

i was stopped out yesterday in green pips tell me brother what is your SL for Cable
  • #3,352
  • Oct 14, 2009 8:20am Oct 14, 2009 8:20am
Quoting pakitrader
Hope you are fine hope we can go south today

i was stopped out yesterday in green pips tell me brother what is your SL for Cable
can't say that I'm fine, that would be a lie lol. that's a 500 bucks trade I got knocked off from dragon & the bloody thing came right back down.

cable stop is at 6120
Thank You
  • #3,353
  • Oct 14, 2009 8:29am Oct 14, 2009 8:29am
dear Azim,
not a good week for you. neither is it for me. still nursing my bad trades. have a look at eurgbp. good to buy on dips. dont ask me about charts.

cheers.

francis
  • #3,354
  • Oct 14, 2009 8:38am Oct 14, 2009 8:38am
I totally got punked from that dragon spike godamnit
Thank You
  • #3,355
  • Oct 14, 2009 10:20am Oct 14, 2009 10:20am
Quoting francish
dear Azim,
not a good week for you. neither is it for me. still nursing my bad trades. have a look at eurgbp. good to buy on dips. dont ask me about charts.

cheers.

francis
hi francis.
Yea, this is so far a ho-hum month for me. Profit currently less than 1%. Not much to shout about
But, month's only halfway done, much work to be done still. Hope we both could end the month on a high.
Have a good one buddy!
Thank You
  • #3,356
  • Oct 14, 2009 10:23am Oct 14, 2009 10:23am
Small position again

Euro Usd

1. short @4886 sl @4950 (0.1)
Attached Image (click to enlarge)
Click to Enlarge Name: eu.JPG Size: 99 KB
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  • #3,357
  • Oct 14, 2009 12:21pm Oct 14, 2009 12:21pm
Quoting wormboy
Small position again

Euro Usd

1. short @4886 sl @4950 (0.1)
hi wb

why go against the trend? the trend is UP, and will continue to do so until around 1.5000/5100

i will start building shorts at 5050 and 5100, after all stops are 'cleared', expecting a sell off end of this week or the next

have a good one
  • #3,358
  • Oct 14, 2009 12:45pm Oct 14, 2009 12:45pm
Good luck on that EUR/USD trade m8. . Counter trend ftw.

EUR/GBP is much fun to trade lol. I already made a lot of money from there. Very stable trend. No yoyo like GBP/USD ^^.
  • #3,359
  • Oct 14, 2009 1:12pm Oct 14, 2009 1:12pm
Quoting wormboy
Small position again

Euro Usd

1. short @4886 sl @4950 (0.1)
Removing stop

Euro Usd

1. short @4886 sl @ NA (0.1)
Thank You
  • #3,360
  • Oct 14, 2009 1:49pm Oct 14, 2009 1:49pm
Quoting tomaz55
hi wb

why go against the trend? the trend is UP, and will continue to do so until around 1.5000/5100

i will start building shorts at 5050 and 5100, after all stops are 'cleared', expecting a sell off end of this week or the next

have a good one

Quoting phai
Good luck on that EUR/USD trade m8. . Counter trend ftw.

EUR/GBP is much fun to trade lol. I already made a lot of money from there. Very stable trend. No yoyo like GBP/USD ^^.
Good luck to you guys as well. It seems like a good price for me to start building. Risk is not large anyway.

GL again
Thank You
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