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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #4,101
  • Dec 19, 2009 9:18am Dec 19, 2009 9:18am
Quoting wormboy
Bingo.

1. http://www.forexfactory.com/showpost...postcount=3963
2. http://www.forexfactory.com/showpost...postcount=4057

Time to switch.


Eur Usd

1. long @4395 sl @4100 (0.1)
Nice trading Azim...i wish you merry Christmas and happy new year..
i am not looking for short on eu either so i wan to book some long...not sure if it can get to 1.4177 but if i buy now my sl will surely get below that price.....take care..cheers Don
MY OPINION NOT FINANCIAL ADVISE
  • #4,102
  • Dec 19, 2009 9:37am Dec 19, 2009 9:37am
Hey WB,

With this EU trade, are you counting on a bounce off resistance, and for the up move on DX to turn south and retest the ltl?

I ask as it doesn't seem to make sense to be long eu if you are bullish on the dollar.

Anyway, watch for the descending trendline on EU, currently at about 4400-4450.
  • #4,103
  • Dec 20, 2009 6:10pm Dec 20, 2009 6:10pm
Quoting XTrade
Hi WB,
I know your are devoted H4 trader.
I am curious though when watching trades do you move down to lower TF?
Perhaps 2H thru M15?

Btw: Thought you were on holiday!
G/L
Best to you!
X-

Happy Holidays as well
Hi X

I do take trades from lower tf as well. I use the m5 quite a lot. But it all comes down to timing. Year end I always use low tf. There are a number of trades I had taken from the m5 since late Nov a few pages back.

Happy holidays to you too
Thank You
  • #4,104
  • Dec 20, 2009 6:12pm Dec 20, 2009 6:12pm
Quoting gammase1
Azim,

The best wishes for you and your family over the holiday period and into 2010.

Look forward to profitable trading in the new year.

Cheers, Paul
Hi Paul,

Thank you. Would like to wish you & your family Merry Christmas & many happy returns!

Hope to be able to make some money with you next year too my friend
Thank You
  • #4,105
  • Dec 20, 2009 6:13pm Dec 20, 2009 6:13pm
Quoting ubaidahsan
i m also long in euro with you and this usdx chart will impact on eur dollar only or it can impact on pound also??

Ub
more on euro ub
Thank You
  • #4,106
  • Dec 20, 2009 6:15pm Dec 20, 2009 6:15pm
Quoting donfriday
Nice trading Azim...i wish you merry Christmas and happy new year..
i am not looking for short on eu either so i wan to book some long...not sure if it can get to 1.4177 but if i buy now my sl will surely get below that price.....take care..cheers Don
It'll be nicer if I can book some profit don

Merry Christmas to you too brother
Thank You
  • #4,107
  • Dec 20, 2009 6:18pm Dec 20, 2009 6:18pm
Quoting daffy
Hey WB,

With this EU trade, are you counting on a bounce off resistance, and for the up move on DX to turn south and retest the ltl?

I ask as it doesn't seem to make sense to be long eu if you are bullish on the dollar.

Anyway, watch for the descending trendline on EU, currently at about 4400-4450.
Hi daffy,

I'm long eu because of this reason:
1. http://cdn.forexfactory.com/attachme...5&d=1261023229

Also coincides with the weekly dx stopping at the 23.6 fib
I don't know if dx would turn south and test the ltl, so I'll take one day at a time as far as this trade is concerned
Thank You
  • #4,108
  • Dec 21, 2009 2:18am Dec 21, 2009 2:18am
Quoting wormboy
Hi daffy,

I'm long eu because of this reason:
1. http://cdn.forexfactory.com/attachme...5&d=1261023229

Also coincides with the weekly dx stopping at the 23.6 fib
I don't know if dx would turn south and test the ltl, so I'll take one day at a time as far as this trade is concerned
ah, i see.
  • #4,109
  • Dec 21, 2009 1:23pm Dec 21, 2009 1:23pm
Hi Azim. Hope things are good with you, seems like you had a good year trading. Enjoy the festivities and the well earned rest!
  • #4,110
  • Dec 21, 2009 2:20pm Dec 21, 2009 2:20pm
Quoting uksnowman
Hi Azim. Hope things are good with you, seems like you had a good year trading. Enjoy the festivities and the well earned rest!
Hi rich, how are you? Hope all is well
Enjoy your holidays as well!
Thank You
  • #4,111
  • Dec 21, 2009 2:24pm Dec 21, 2009 2:24pm
Didn't have the time to update my trades, but I am currently building shorts on the gbpjpy.
Currently in -ve but pretty sure will turn this around in no time.
Let's see how this goes
Attached Image (click to enlarge)
Click to Enlarge Name: gy11.JPG Size: 118 KB
Thank You
  • #4,112
  • Dec 21, 2009 2:47pm Dec 21, 2009 2:47pm
Quoting wormboy
Didn't have the time to update my trades, but I am currently building shorts on the gbpjpy.
Currently in -ve but pretty sure will turn this around in no time.
Let's see how this goes
Could you update the SL level here?
  • #4,113
  • Dec 21, 2009 3:49pm Dec 21, 2009 3:49pm
Quoting wormboy
Bingo.

1. http://www.forexfactory.com/showpost...postcount=3963
2. http://www.forexfactory.com/showpost...postcount=4057

Time to switch.


Eur Usd

1. long @4395 sl @4100 (0.1)

Stop amended.

Eur Usd

1. long @4395 sl @4250 (0.1)
Thank You
  • #4,114
  • Dec 21, 2009 3:50pm Dec 21, 2009 3:50pm
Quoting geribosi
Could you update the SL level here?
I will when I have one
Thank You
  • #4,115
  • Dec 21, 2009 11:32pm Dec 21, 2009 11:32pm
Quoting wormboy
I will when I have one
Stop placed @149
Will close trade manually if price close above the utl resistance.
Not ideal situation atm as I had made a careless mistake of building short positions while price is in bottleneck. Will look to close some of the positions should price heads back towards 146
Attached Image (click to enlarge)
Click to Enlarge Name: gy8.JPG Size: 137 KB
Thank You
  • #4,116
  • Dec 22, 2009 1:00am Dec 22, 2009 1:00am
Quoting wormboy
Stop placed @149
Will close trade manually if price close above the utl resistance.
Not ideal situation atm as I had made a careless mistake of building short positions while price is in bottleneck. Will look to close some of the positions should price heads back towards 146
This was being dragged up by UJ yesterday, was causing all sorts of crazy PA.
  • #4,117
  • Dec 22, 2009 9:48am Dec 22, 2009 9:48am
UY

1. short @91.84 sl @92.55 (0.2)
Thank You
  • #4,118
  • Dec 22, 2009 9:49am Dec 22, 2009 9:49am
Quoting wormboy
Stop amended.

Eur Usd

1. long @4395 sl @4250 (0.1)

Trade stopped out.


Eur Usd

1. long @4395 stopped @4250 (0.1)
Thank You
  • #4,119
  • Dec 22, 2009 10:38am Dec 22, 2009 10:38am
Quoting wormboy
Trade stopped out.


Eur Usd

1. long @4395 stopped @4250 (0.1)

sad bro but what is next??next target of EU can be 39xx what do you say about it??i am waiting to go long till that level please update me wwhen you will again long

Ub
  • #4,120
  • Dec 22, 2009 10:40am Dec 22, 2009 10:40am
Quoting ubaidahsan
sad bro but what is next??next target of EU can be 39xx what do you say about it??i am waiting to go long till that level please update me wwhen you will again long

Ub
next level to go long is 1.4120 - if the price goes even south start building longas @ 1.4030/50 - initial target 1.44
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