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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #4,661
  • Feb 8, 2010 12:28am Feb 8, 2010 12:28am
Quoting wormboy
Reversed.

GBPUSD

1. short @5567 sl @5560 (0.2)
Did you mean long WB
  • #4,662
  • Feb 8, 2010 12:29am Feb 8, 2010 12:29am
Quoting TheGabriel
Good morning Azim

I support you on this, back shorting AudUsd here @ 0.8651. I'm 'late' for GBPU to re-enter but I'm just in time for Aud.
No news today so it should be easier.

Good afternoon Gabe.

My morning trade is now done. Now tea time with the queen lol, I've bought a bit and see where the London boys takes us. Good luck to you mate
Thank You
  • #4,663
  • Feb 8, 2010 12:39am Feb 8, 2010 12:39am
Quoting luckylady
Did you mean long WB
woops, you're right
Thank You
  • #4,664
  • Feb 8, 2010 12:39am Feb 8, 2010 12:39am
Quoting wormboy
Good afternoon Gabe.

My morning trade is now done. Now tea time with the queen lol, I've bought a bit and see where the London boys takes us. Good luck to you mate
Enjoy your tea time my friend, we have plenty of time to ride trades. I tought there could be some retracement today but doesn't seem so, just back into sell.

No big money activity buying against the sells, seems simple now. Maybe London will bring in some big money.
"Hate the sin, love the sinner." - Gandhi
  • #4,665
  • Feb 8, 2010 12:40am Feb 8, 2010 12:40am
Quoting wormboy
Reversed.

GBPUSD

1. long @5567 sl @5560 (0.2)

Trade stopped out

GBPUSD

1. long @5567 stopped @5560 (0.2)
Thank You
  • #4,666
  • Feb 8, 2010 12:41am Feb 8, 2010 12:41am
Quoting TheGabriel
Enjoy your tea time my friend, we have plenty of time to ride trades. I tought there could be some retracement today but doesn't seem so, just back into sell.

No big money activity buying against the sells, seems simple now. Maybe London will bring in some big money.
Welp, that long was shortlived lol.
Flat for now, I'll wait for London. Catch ya later !
Thank You
  • #4,667
  • Feb 8, 2010 12:44am Feb 8, 2010 12:44am
Quoting wormboy
Welp, that long was shortlived lol.
Flat for now, I'll wait for London. Catch ya later !
I'm still in, my SL is about another 20 pips down so lets see what happens.
  • #4,668
  • Feb 8, 2010 1:13am Feb 8, 2010 1:13am
GBPUSD

1. long @5561 sl @5500 (0.1)
Thank You
  • #4,669
  • Feb 8, 2010 1:24am Feb 8, 2010 1:24am
Quoting wormboy
GBPUSD

1. long @5561 sl @5500 (0.1)
Welcome back to the party. I was worried there for a little bit. My sl was 5 pips down at low spot from being hit.
  • #4,670
  • Feb 8, 2010 1:26am Feb 8, 2010 1:26am
Quoting TheGabriel
Good morning Azim

I support you on this, back shorting AudUsd here @ 0.8651. I'm 'late' for GBPU to re-enter but I'm just in time for Aud.
No news today so it should be easier.
Closed at 0.8666. There's some big money coming in on AudUsd and GbpUsd, it might come down again.

Edit: short @ 1.5575 on GU & short @ 0.86632 on AUDUSD
"Hate the sin, love the sinner." - Gandhi
  • #4,671
  • Feb 8, 2010 1:43am Feb 8, 2010 1:43am
Quoting Ctic
Welcome back to the party. I was worried there for a little bit. My sl was 5 pips down at low spot from being hit.

yea that was some sweep. Time for our hike up. Bloody euro is slowing us down tho
Thank You
  • #4,672
  • Feb 8, 2010 1:46am Feb 8, 2010 1:46am
Quoting TheGabriel
Closed at 0.8666. There's some big money coming in on AudUsd and GbpUsd, it might come down again.

Edit: short @ 1.5575 on GU & short @ 0.86632 on AUDUSD

hope it's nothing big gabe, dx looks like it's rolling off the cliff.
Good luck mate
Thank You
  • #4,673
  • Feb 8, 2010 1:46am Feb 8, 2010 1:46am
Quoting wormboy
GBPUSD

1. long @5561 sl @5500 (0.1)
bro wb, don mind posting a chart to explain why u took this trade?
  • #4,674
  • Feb 8, 2010 1:50am Feb 8, 2010 1:50am
Quoting wormboy
hope it's nothing big gabe, dx looks like it's rolling off the cliff.
Good luck mate
Yea mate, the dx is down on USD but also the GBP dx still back to the low, aud picking up but i see some volume about sellers coming in the AUDU GU pairs on so that's why I opened the shorts. It's nothing for sure so I'm playing this tight.

It's a bit messy now.
"Hate the sin, love the sinner." - Gandhi
  • #4,675
  • Feb 8, 2010 2:13am Feb 8, 2010 2:13am
There's the same pattern on EurU, like GU and AUDUSD. They either will resume downtrend within next 1-2 30 min candles or will absorb and move up.
"Hate the sin, love the sinner." - Gandhi
  • #4,676
  • Feb 8, 2010 2:14am Feb 8, 2010 2:14am
Quoting herzog21
bro wb, don mind posting a chart to explain why u took this trade?
hi herzog.
No, don't mind at all. See the 2 divergences? The small one is the reason for this trade, say for example we do test 5750 and sellers are taken out, the larger divergence will kick in, I will add to the stronger long position taken.
Attached Image (click to enlarge)
Click to Enlarge Name: gu1.JPG Size: 91 KB
Thank You
  • #4,677
  • Feb 8, 2010 2:40am Feb 8, 2010 2:40am
Again i get signals of the upmoves getting sold on EU, EJ, GU and AU...on each of the up candles, stop hunt or sells coming. This trades are not easy but I will fight to get the best out of them.

When this things happens you almost always don't get a good entry but you must know when to hold and when to add, I'm very carefull on these ones. There might be the possibility wich is low but can happen that there's a fight with sellers but there are also buyers ( i mean big money ) and the sellers could get absorbed and move up.
"Hate the sin, love the sinner." - Gandhi
  • #4,678
  • Feb 8, 2010 2:44am Feb 8, 2010 2:44am
Quoting TheGabriel
Again i get signals of the upmoves getting sold on EU, EJ, GU and AU...on each of the up candles, stop hunt or simple sells coming. This trades are not easy but I will fight to get the best out of them.

When this things happens you almost always don't get a good entry but you must know when to hold and when to add, I'm very carefull on these ones.
Gabrial,

I believe that this is a retrace for the new weekly candle, basically the upper shadow for the candle. Now it is possible to continue on to be bullish but I will make that determination once it reaches the 61.8 fib line. I believe around the 1.5750 mark for GU the sellers are armed and ready to take out the bulls, but we will have to see if the bulls camed armed too to break the wall of defense. The other pairs you mentioned are the same senerios.

C.
  • #4,679
  • Feb 8, 2010 2:51am Feb 8, 2010 2:51am
Quoting Ctic
Gabrial,

I believe that this is a retrace for the new weekly candle, basically the upper shadow for the candle. Now it is possible to continue on to be bullish but I will make that determination once it reaches the 61.8 fib line. I believe around the 1.5750 mark for GU the sellers are armed and ready to take out the bulls, but we will have to see if the bulls camed armed too to break the wall of defense. The other pairs you mentioned are the same senerios.

C.
Yes Ctic, what are you saying explains the actual scenario well so it might play out like you said. I'm anyway expecting this to come down soon again.

I'm very carefull now.
"Hate the sin, love the sinner." - Gandhi
  • #4,680
  • Feb 8, 2010 3:32am Feb 8, 2010 3:32am
I also went short EurJpy @122.615, i think the pairs will go down now, not sure we'll resume the main downtrend even if I think so but it will be enough to get few pips or get out with breakeven if I feel we're building an up trendline.
"Hate the sin, love the sinner." - Gandhi
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