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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #3,981
  • Dec 9, 2009 9:15am Dec 9, 2009 9:15am
Quoting wormboy
First tp hit.

GBP JPY

1. long @142.30 [tp1 @144.15]

Remaining stop amended.

GBP JPY

1. long @142.30 sl @142.55 [tp2 @146.5] [tp3 @148.25] [tp4 @153.0] (0.1 x 4)

Remaining positions stopped out.

GBP JPY

1. long @142.30 stopped @142.55 (0.3)
Thank You
  • #3,982
  • Dec 9, 2009 9:21am Dec 9, 2009 9:21am
Re entered long.

GBP JPY

1. long @142.27 sl @141.25 [tp1 @144.15] [tp2 @146.5]
Thank You
  • #3,983
  • Dec 9, 2009 10:52am Dec 9, 2009 10:52am
Quoting sblank
The 4hr and 1hr chart do show room for retrace but the daily is showing room for more down. Momentum is definitely bearish. I just exited out of this last jog down and will watch the days close. 136.50 area or lower does not appear to be out of the realm of possibility......just a thought but who knows.
Point taken.

I am however watching the daily lfxjpy & so far today had obeyed the ltl support. Not to mention the massive bullish divergence which is signalling further upmove as a possibility. The void for is if the daily close below ltl. Unless that happens, I do not see anything lower than 141 levels now.
And I did not take the two long trades solely based on the lfxjpy daily, I took the longs off the bounce at cluster supp zone on the M5 tf. Twice today price tested the support and got rejected producing textbook bullish formations. The first being the morning star formation, the second dip producing the piercing pattern with ensuing three advancing soldiers formation. Given the how strong the formations built on the second bounce, I will not be surprised if 144.15 gets taken out.
Time will tell how this goes. That being said, I am also keenly waiting for the daily close on GY. A bullish close will bolster the bullish scenario greatly.

Good luck with your trades
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: gbpjpym5.JPG Size: 64 KB
Thank You
  • #3,984
  • Dec 9, 2009 11:39am Dec 9, 2009 11:39am
And for the third time today .. another piercing pattern near support.
The area is well defended at the moment.

Bears?? No fear I say!!

lol
Attached Image (click to enlarge)
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Thank You
  • #3,985
  • Dec 9, 2009 11:54am Dec 9, 2009 11:54am
Quoting wormboy
And for the third time today .. another piercing pattern near support.
The area is well defended at the moment.

Bears?? No fear I say!!

lol
why we are now always against each other lol hahah i am full of shortts in Cable and this time it could touch your target 53xx and you are going long lol but i think your SL can hit by tomorrow until it won't go dowwn it couldn't break the major resistance of 6450 and until it is below then that so trend is dowwn lol let see what happens tomorroww but i think it could go more down and then up

Ub
  • #3,986
  • Dec 9, 2009 12:09pm Dec 9, 2009 12:09pm
Quoting wormboy
Point taken.

I am however watching the daily lfxjpy & so far today had obeyed the ltl support. Not to mention the massive bullish divergence which is signalling further upmove as a possibility. The void for is if the daily close below ltl. Unless that happens, I do not see anything lower than 141 levels now.
And I did not take the two long trades solely based on the lfxjpy daily, I took the longs off the bounce at cluster supp zone on the M5 tf. Twice today price tested the support and got rejected producing textbook bullish formations. The first...
It's the perpetual game of following the PA leader. Happy Trading
  • #3,987
  • Dec 9, 2009 12:12pm Dec 9, 2009 12:12pm
Quoting wormboy
And for the third time today .. another piercing pattern near support.
The area is well defended at the moment.

Bears?? No fear I say!!

lol
hi wormboy

what is your opinion in cable ???? and EURCAD???
  • #3,988
  • Dec 9, 2009 12:43pm Dec 9, 2009 12:43pm
Quoting ubaidahsan
why we are now always against each other lol hahah i am full of shortts in Cable and this time it could touch your target 53xx and you are going long lol but i think your SL can hit by tomorrow until it won't go dowwn it couldn't break the major resistance of 6450 and until it is below then that so trend is dowwn lol let see what happens tomorroww but i think it could go more down and then up

Ub
lol. We're always on opposite ends, and I am rarely wrong
The last time I was building short positions, when price were close to 6700 you said you were busy buying and price WILL go to 8000. I wonder what happen to that target .. no blown accounts I hope hehe
By the way, I think you're late to the party.
This post here shows how far back I've been building for this move down
1.http://www.forexfactory.com/showpost...&postcount=723

click the attached chart on that post & see where the arrow ends, I'll give you a hint, 6165. oooops, we touched that number today lol

Seriously tho, I bought for a reason, here's the chart:
1. http://www.forexfactory.com/showpost...stcount=186594

That's a h4 setup, might take a while to materialise. Earlier spike up was encouraging. Maybe rather than expressing what you feel or think, you'd share with us why selling here is a better option. That I think is much more useful than you counting on my stops being taken out by tomorrow, which by the way won't hurt me one bit. Have you not counted my gains for the day?

p/s : I have 5300 on my radar, just don't see it happening this year lol.
Thank You
  • #3,989
  • Dec 9, 2009 12:46pm Dec 9, 2009 12:46pm
Quoting egymedo
hi wormboy

what is your opinion in cable ???? and EURCAD???
hi egymedo

I'm still holding longs on cable, with stop placed @6120.
No change of plans unless I see reason to do so.
I don't trade eurcad sorry
Thank You
  • #3,990
  • Dec 9, 2009 1:15pm Dec 9, 2009 1:15pm
Quoting wormboy
Re entered long.

GBP JPY

1. long @142.27 sl @141.25 [tp1 @144.15] [tp2 @146.5]

it was amazing

i wont to ak why ur choosen of 144.15??
  • #3,991
  • Edited 1:50pm Dec 9, 2009 1:33pm | Edited 1:50pm
Quoting egymedo
it was amazing

i wont to ak why ur choosen of 144.15??
supp/res & fib level confluence
also notice the bullish piercing pattern which I had highlighted in the blue box.
That is significant. Gonna take a lot of effort to invalidate that formation ... another dubai world melee perhaps lol
Attached Image (click to enlarge)
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Thank You
  • #3,992
  • Dec 9, 2009 2:27pm Dec 9, 2009 2:27pm
Quoting wormboy
supp/res & fib level confluence
also notice the bullish piercing pattern which I had highlighted in the blue box.
That is significant. Gonna take a lot of effort to invalidate that formation ... another dubai world melee perhaps lol
good eforts thanks

the cable will Continue upward cam i get long now (6265)
  • #3,993
  • Dec 9, 2009 2:52pm Dec 9, 2009 2:52pm
Quoting egymedo
good eforts thanks

the cable will Continue upward cam i get long now (6265)

Will be a very good entry as far as I'm concerned tbh. Daily bar looks likely to close above the ltl2 & close a doji. Excellent risk reward

Trade safe.
Attached Image (click to enlarge)
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Thank You
  • #3,994
  • Dec 9, 2009 3:11pm Dec 9, 2009 3:11pm
Quoting wormboy
Will be a very good entry as far as I'm concerned tbh. Daily bar looks likely to close above the ltl2 & close a doji. Excellent risk reward

Trade safe.

what u will to expect for e/s and g/s (tp) tomorrow
  • #3,995
  • Dec 9, 2009 4:41pm Dec 9, 2009 4:41pm
good expectation for the direction of the cable

but why u insist for this diriction although all people said that it is in downward direction ??

what will be tp for long ??

when we will get short again??

thanks bro
  • #3,996
  • Dec 9, 2009 11:15pm Dec 9, 2009 11:15pm
Azim buddy where are you?

Long 1.4700 Stop Loss 1.4660 Target 1.4950
Going to make it big by age 21.
  • #3,997
  • Dec 10, 2009 12:59am Dec 10, 2009 12:59am
Quoting wormboy
Re entered long.

GBP JPY

1. long @142.27 sl @141.25 [tp1 @144.15] [tp2 @146.5]

Trade closed manually. Currently flat till confirmation.

GBP JPY

1. long @142.27 closed @142.83 (0.2)
Thank You
  • #3,998
  • Dec 10, 2009 1:05am Dec 10, 2009 1:05am
Quoting wormboy
Re entered long

Euro Dollar

1. long @4710 sl @4660 (0.1)
Closed manually.

Euro Dollar

1. long @4710 closed @4732 (0.1)
Thank You
  • #3,999
  • Dec 10, 2009 1:44am Dec 10, 2009 1:44am
Quoting wormboy
Trade placed earlier this morning.

GBP USD

1. long @6225 sl @6120 (0.2)

Details:
1. http://www.forexfactory.com/showpost...stcount=186594
Trade closed manually.

GBP USD

1. long @6225 closed @6259 (0.2)
Thank You
  • #4,000
  • Dec 10, 2009 1:46am Dec 10, 2009 1:46am
GBP JPY

1. short @142.68 sl @144.15 (0.1)
Thank You
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