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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #5,021
  • Feb 24, 2010 9:08am Feb 24, 2010 9:08am
Heavy shorts on Eur, Gbp and Aud and I suspect and huge USD buying...I'd sell the rallies on all of them, be aware buyers.
"Hate the sin, love the sinner." - Gandhi
  • #5,022
  • Feb 24, 2010 9:18am Feb 24, 2010 9:18am
Quoting wormboy
Stop amended.

GBP JPY

1. short @140.28 sl @140.10 (0.2)


Bulls are cooked now. Menu today beefsteak

Closed partial

GBP JPY

1. short @140.28 closed @138.48 (0.1)


Remaining stop amended.

GBP JPY

1. short @140.28 sl @139.65 (0.1)

I love dragon. When she moves, she stops for no one. The same can't be said about cable
Thank You
  • #5,023
  • Feb 24, 2010 9:28am Feb 24, 2010 9:28am
Someone confirmed me that they're selling but usd is not able to make new highs so it lacks some strength, profit taking/short covering might start soon if we don't break the lows.
"Hate the sin, love the sinner." - Gandhi
  • #5,024
  • Feb 24, 2010 9:28am Feb 24, 2010 9:28am
Quoting wormboy
Closed partial

GBP JPY

1. short @140.28 closed @138.48 (0.1)


Remaining stop amended.

GBP JPY

1. short @140.28 sl @139.65 (0.1)

I love dragon. When she moves, she stops for no one. The same can't be said about cable
same close also (0.1) at 138.54 have another one (0.1) maybe will close it soon ..GU still shorting (0.2) 1.5438 looking for TP area 1.5350
Trade with the momentum
  • #5,025
  • Feb 24, 2010 9:31am Feb 24, 2010 9:31am
GBP is strange. the whole country is practically worthless and yet it is being propped up somehow!


Quoting TheGabriel
Someone confirmed me that they're selling but usd is not able to make new highs so it lacks some strength, profit taking/short covering might start soon if we don't break the lows.
  • #5,026
  • Feb 24, 2010 9:40am Feb 24, 2010 9:40am
Quoting coolshades
GBP is strange. the whole country is practically worthless and yet it is being propped up somehow!
It's an amazing pair coolshades... looks like bernake talking now is bearish about usd, i'm out of usd buys. Gonna stick to my strategy.
"Hate the sin, love the sinner." - Gandhi
  • #5,027
  • Feb 24, 2010 9:49am Feb 24, 2010 9:49am
Quoting sailor68
same close also (0.1) at 138.54 have another one (0.1) maybe will close it soon ..GU still shorting (0.2) 1.5438 looking for TP area 1.5350
add GU short 5470
Trade with the momentum
  • #5,028
  • Feb 24, 2010 9:51am Feb 24, 2010 9:51am
A bit of explenation from reuters. http://www.reuters.com/article/idUSN...pe=usDollarRpt
"Hate the sin, love the sinner." - Gandhi
  • #5,029
  • Feb 24, 2010 10:01am Feb 24, 2010 10:01am
Quoting sailor68
add GU short 5470
Excellent addition
That dp is doing its job reeeeeally well today
Thank You
  • #5,030
  • Feb 24, 2010 10:03am Feb 24, 2010 10:03am
wormie get ready for trendline break buddy

might be big

was a big ass move up..about time we got a swing
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  • #5,031
  • Feb 24, 2010 10:05am Feb 24, 2010 10:05am
Quoting nAVIN2007
wormie get ready for trendline break buddy

might be big

was a big ass move up..about time we got a swing
This one is going to be a big one Nav!
"Hate the sin, love the sinner." - Gandhi
  • #5,032
  • Feb 24, 2010 10:07am Feb 24, 2010 10:07am
i bet the sudden volatility is giving many some tense moments

i have closed my gbpjpy shorts for 170 pips (from 140 ish) might go short again on retracements.

i have scalped quite a bit on gbpjpy m5 today. use the 200 sma, 200 ema and 24 sma. if price closes below all three ma, i am short, if price closes above all three, i am long. exit at 5 pips. stops are mental.

wb is right. scalping is addictive. however i think there is lot of danger of being indisciplined and it takes just one loss to negate all profits made.



Quoting wormboy
Excellent addition
That dp is doing its job reeeeeally well today
  • #5,033
  • Feb 24, 2010 10:09am Feb 24, 2010 10:09am
Quoting TheGabriel
This one is going to be a big one Nav!

yup that is why im telling wormie..dont want to miss the midnight express
  • #5,034
  • Feb 24, 2010 10:15am Feb 24, 2010 10:15am
Quoting wormboy
Excellent addition
That dp is doing its job reeeeeally well today
Yes also that DP did very well for you today
Trade with the momentum
  • #5,035
  • Feb 24, 2010 10:21am Feb 24, 2010 10:21am
Quoting nAVIN2007
wormie get ready for trendline break buddy

might be big

was a big ass move up..about time we got a swing

I hear ya bro
I'm staying short for the time being tho, unless price close above dp that is, which had been a rock today!

Btw, here's my curveball monthly gbplfx had pierced that big ltl. Hang on tight, this can get ugly!
Attached Image (click to enlarge)
Click to Enlarge Name: gbplfxm.JPG Size: 54 KB
Thank You
  • #5,036
  • Feb 24, 2010 10:23am Feb 24, 2010 10:23am
Quoting coolshades
i bet the sudden volatility is giving many some tense moments

i have closed my gbpjpy shorts for 170 pips (from 140 ish) might go short again on retracements.

i have scalped quite a bit on gbpjpy m5 today. use the 200 sma, 200 ema and 24 sma. if price closes below all three ma, i am short, if price closes above all three, i am long. exit at 5 pips. stops are mental.

wb is right. scalping is addictive. however i think there is lot of danger of being indisciplined and it takes just one loss to negate all profits made.
Oh yes definitely a hair raiser lol. Good thing we know the line in the sand. Good to hear you're making great gains shades. Excellent stuff

p/s: don't get carried away scalping brother!
Thank You
  • #5,037
  • Feb 24, 2010 10:24am Feb 24, 2010 10:24am
Quoting sailor68
Yes also that DP did very well for you today
I believe that's an additional 60 pips now for you off that 470 short?
Thank You
  • #5,038
  • Feb 24, 2010 10:29am Feb 24, 2010 10:29am
Quoting wormboy
I hear ya bro
I'm staying short for the time being tho, unless price close above dp that is, which had been a rock today!

Btw, here's my curveball monthly gbplfx had pierced that big ltl. Hang on tight, this can get ugly!

for sure..its ugly already..
  • #5,039
  • Feb 24, 2010 10:38am Feb 24, 2010 10:38am
die cable die. die euro die

Quoting wormboy
I hear ya bro
I'm staying short for the time being tho, unless price close above dp that is, which had been a rock today!

Btw, here's my curveball monthly gbplfx had pierced that big ltl. Hang on tight, this can get ugly!
  • #5,040
  • Feb 24, 2010 12:01pm Feb 24, 2010 12:01pm
http://www.forexfactory.com/showpost...postcount=5021

I posted before about heavy sellers on the pairs GBPU, AUDU, EURU. I started reading about this usd weakness and they almost got me convinced that we were set actually to move up.

The sellers proved to be heavy indeed and I should stop reading news and websites and just watch my charts...lesson learnt.
"Hate the sin, love the sinner." - Gandhi
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