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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #4,681
  • Feb 8, 2010 3:32am Feb 8, 2010 3:32am
Quoting wormboy
GBPUSD

1. long @5561 sl @5500 (0.1)

Trade closed.

GBPUSD

1. long @5561 closed @5602 (0.1)
Thank You
  • #4,682
  • Feb 8, 2010 3:34am Feb 8, 2010 3:34am
Quoting wormboy
Trade closed.

GBPUSD

1. long @5561 closed @5602 (0.1)
Yeah, I am getting a little shaky here too. I closed partial (1.5) have other half set to BE.
  • #4,683
  • Feb 8, 2010 3:40am Feb 8, 2010 3:40am
Here's why I took the trade off the table.
Kinda screwy right now, I'll wait.

Same chart posted earlier :
1. http://cdn.forexfactory.com/attachme...9&d=1265592144
Attached Image (click to enlarge)
Click to Enlarge Name: gum5.JPG Size: 66 KB
Thank You
  • #4,684
  • Feb 8, 2010 3:41am Feb 8, 2010 3:41am
Quoting Ctic
Yeah, I am getting a little shaky here too. I closed partial (1.5) have other half set to BE.
Yup, the break wasn't strong enough. Better to close up shop & wait for later imho. Not like we lost or anything
Thank You
  • #4,685
  • Feb 8, 2010 3:42am Feb 8, 2010 3:42am
Quoting wormboy
Here's why I took the trade off the table.
Kinda screwy right now, I'll wait.

Same chart posted earlier :
1. http://cdn.forexfactory.com/attachme...9&d=1265592144
Your trade was really nice, i like that you're technical and don't overdo things.
I'm holding my shorts and added on EurJpy, i think i've got the top of the retracement on that if it keeps going lower.
"Hate the sin, love the sinner." - Gandhi
  • #4,686
  • Feb 8, 2010 3:52am Feb 8, 2010 3:52am
Quoting TheGabriel
Your trade was really nice, i like that you're technical and don't overdo things.
I'm holding my shorts and added on EurJpy, i think i've got the top of the retracement on that if it keeps going lower.

Thanks gabe. Hope your trades works well for you my friend. I'm off till NY session later, pa is too hairy for me atm.
Have a good one!
Thank You
  • #4,687
  • Edited 5:50am Feb 8, 2010 4:47am | Edited 5:50am
I've opened now Sell gold @ 1070.53, i think it will be a good trade to ride.

Edit: Entry for EurJpy is now pips +50, Gold +20, GBPU +6, AUDU Breakeven. I feel the Gold could drop big.

I must keep building the account so i can lower the risk....
"Hate the sin, love the sinner." - Gandhi
  • #4,688
  • Feb 8, 2010 7:21am Feb 8, 2010 7:21am
GBPUSD

1. long @5595 sl @5520 (0.1)
Thank You
  • #4,689
  • Feb 8, 2010 7:39am Feb 8, 2010 7:39am
Hello Wormboy!

I am posting 4 the first time but have been following your thread long enough to see you definately have top notch trading skills...
Could you explain reason for long@ 5595 aside from the Bullish Divergence in the 2 hour TF??
Thanks...
  • #4,690
  • Feb 8, 2010 8:59am Feb 8, 2010 8:59am
I'm holding sells, I think this is the time the trend will start to move again. Floating +100 pips after going back -10 few times, really hairy PA as you said Azim.
"Hate the sin, love the sinner." - Gandhi
  • #4,691
  • Feb 8, 2010 9:02am Feb 8, 2010 9:02am
Quoting PIP Lover
Hello Wormboy!

I am posting 4 the first time but have been following your thread long enough to see you definately have top notch trading skills...
Could you explain reason for long@ 5595 aside from the Bullish Divergence in the 2 hour TF??
Thanks...

Hello piplover, welcome to the factory

The reasons I went long is that the same m5 chart which I had posted earlier showed another breakout after the divergence played out. The bounce before the 2nd breakout attempt had also enabled the ltl to be formed & indicating the possibility of bottoming out. On top of that the gbplfx previous h4 closed a bullish piercing pattern off a reliable support zone.
Let's see how this goes.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gum5a.JPG Size: 79 KB
Click to Enlarge Name: gbplfx4.JPG Size: 92 KB
Thank You
  • #4,692
  • Feb 8, 2010 9:05am Feb 8, 2010 9:05am
Quoting TheGabriel
I'm holding sells, I think this is the time the trend will start to move again. Floating +100 pips after going back -10 few times, really hairy PA as you said Azim.

lol yes, that was 3 hours away from the screen for me well spent
Thank You
  • #4,693
  • Feb 8, 2010 9:37am Feb 8, 2010 9:37am
Closed all the trades for just +30, bored of this and I feel it's risky.
"Hate the sin, love the sinner." - Gandhi
  • #4,694
  • Feb 8, 2010 10:07am Feb 8, 2010 10:07am
Another great trade... Hope it keeps climbing to the moon..
U got mad skillz bro.
I was busy with Eur/Jpy so didnt go along this ride with u...
  • #4,695
  • Edited 10:34am Feb 8, 2010 10:17am | Edited 10:34am
Took a sell on EurUsd @ 1.37063 with SL at 1.7101, 5 pips away. It's moving away from the resistance now currently 10 pips away from my entry.

They're playing this triangle now, selling and buying.

Edit: short closed, pattern broken.

It should bring some steam into GU to move up.

Edit 2: Broken by half pip and then back in, i'm selling again with tight stop. Volume confirming a possible top forming for the up move.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 92 KB
"Hate the sin, love the sinner." - Gandhi
  • #4,696
  • Feb 8, 2010 1:48pm Feb 8, 2010 1:48pm
Quoting wormboy
GBPUSD

1. long @5595 sl @5520 (0.1)
We have about the same long, you are better by 4 pips. I am long @ 5599
  • #4,697
  • Feb 8, 2010 2:09pm Feb 8, 2010 2:09pm
Quoting Ctic
We have about the same long, you are better by 4 pips. I am long @ 5599
Good luck Ctic and Azim , hopefully someone will get some cash from this boring market.
I've closed my Eur short for 25 pips, but even trading different pairs what I've got is just a breakeven...but it's good when you think that a day like this when it doesn't move used to get me in trouble.

Maybe tomorrow will move, rumors about Greece or anything would be welcome.
"Hate the sin, love the sinner." - Gandhi
  • #4,698
  • Feb 8, 2010 2:31pm Feb 8, 2010 2:31pm
Quoting TheGabriel
Good luck Ctic and Azim , hopefully someone will get some cash from this boring market.
I've closed my Eur short for 25 pips, but even trading different pairs what I've got is just a breakeven...but it's good when you think that a day like this when it doesn't move used to get me in trouble.

Maybe tomorrow will move, rumors about Greece or anything would be welcome.
I may be out for all I know. I am at my CPA office right now with no charts so possibly TP was hit, possibly SL was hit. I will find out later. lol. I just remembered where entry was since it was right by 5600

C.
  • #4,699
  • Feb 9, 2010 2:37am Feb 9, 2010 2:37am
Short GBPUSD at 1.5635 and short Euro/Gold/Aud.

You'll be here at Us session Azim?
"Hate the sin, love the sinner." - Gandhi
  • #4,700
  • Feb 9, 2010 3:03am Feb 9, 2010 3:03am
Quoting wormboy
GBPUSD

1. long @5595 sl @5520 (0.1)
Added to position


GBPUSD

1. long @5595 sl @5520 (0.1)
2. long @5591 sl @5520 (0.1)
Thank You
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