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Better-than-the-wormhole 555 replies

Attachments: The WoRmHoLe
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The WoRmHoLe

  • #5,201
  • Mar 3, 2010 8:26am Mar 3, 2010 8:26am
Quoting wormboy
Stop amended.

GBPUSD

1. long @4868 sl @4950 tp @5155 (0.1)

Stop amended.

GBPUSD

1. long @4868 sl @4990 tp @5155 (0.1)
Thank You
  • #5,202
  • Mar 3, 2010 8:27am Mar 3, 2010 8:27am
Hehe. Nice one

Finally hit my TP at daily R2 for +180 and +168. Very happy with that! Thanks for helping me stay patient

Looking like it will go the distance for your final TP too possibly even before end of US session with the stocks shooting up and dollar doing a bit of deep-sea diving. Good luck, I'm off for a sleep finally!
  • #5,203
  • Mar 3, 2010 9:52am Mar 3, 2010 9:52am
Quoting wormboy
Stop amended.

GBPUSD

1. long @4868 sl @4990 tp @5155 (0.1)

Stop amended.

GBPUSD

1. long @4868 sl @5025 tp @5155 (0.1)
Thank You
  • #5,204
  • Mar 3, 2010 10:09am Mar 3, 2010 10:09am
My biggest baffle is how traders such as your self can predict price action so accurately at times.What do you use or is it just experience?How?
  • #5,205
  • Edited 10:49am Mar 3, 2010 10:14am | Edited 10:49am
Quoting mwafrika
My biggest baffle is how traders such as your self can predict price action so accurately at times.What do you use or is it just experience?How?

im certainly not azim but it takes time..my guess is he has a feel for the market..the force is strong with him
he is patient, displined knows what his risk is and sticks to a plan..i never known azim to enter get scared and exit..he always trades the plan regardless of taking a hit..

the boye can trade..LOL IN A NUTSHELL :d
  • #5,206
  • Mar 3, 2010 11:21am Mar 3, 2010 11:21am
Quoting wormboy
Hi c

5600 will be nice if we can go from here. It'll be another hollywood trade lol
But against current trend, I'll be happy enough to even bank 100 pips profit, nevermind 50% retrace @51xx. We'll see how cable does once we get to the 50% point. If there's a strong rejection, I will not hesitate to short all the way, else I'll be happy to keep the long position till your target
Here's the monthly gbplfx, it had broken a big level & created a new low, I think 5600 is asking a bit too much considering the breakout. Trade well!
Hey Wormie,

I am starting to like my 5600 more and more. Broke the 5100 spot.. I am still being careful due to the massive drop we had last month.

C.
  • #5,207
  • Mar 3, 2010 10:03pm Mar 3, 2010 10:03pm
hi guys

the last dip almost bounced off the ltl & dp to the pip. Retracement is still in progress imho & has yet to be invalidated so I will maintain long for the time being.
Hope everyone is trading well. Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.JPG Size: 56 KB
Thank You
  • #5,208
  • Mar 3, 2010 10:24pm Mar 3, 2010 10:24pm
Quoting mwafrika
My biggest baffle is how traders such as your self can predict price action so accurately at times.What do you use or is it just experience?How?
Candle formations, trendlines. Mainly those are the only things I use & I've use them for a while now. Use something long enough, they become almost second nature. Just like trade setups & indicators etc, that's why I said it before, indicators are all the same, they almost all can yield the same result - if you know how. The problem is, most people do not stick to one long enough to see how they work.
Good luck
Thank You
  • #5,209
  • Mar 3, 2010 10:28pm Mar 3, 2010 10:28pm
Quoting wormboy
hi guys

the last dip almost bounced off the ltl & dp to the pip. Retracement is still in progress imho & has yet to be invalidated so I will maintain long for the time being.
Hope everyone is trading well. Good luck
fast question.. now that it has broken thru the ltl (on the 1hr) and the pivot (5063 i think).. still looking long, ? also retraced to the 50%line of last run north
  • #5,210
  • Mar 3, 2010 10:28pm Mar 3, 2010 10:28pm
Quoting nAVIN2007
im certainly not azim but it takes time..my guess is he has a feel for the market..the force is strong with him
he is patient, displined knows what his risk is and sticks to a plan..i never known azim to enter get scared and exit..he always trades the plan regardless of taking a hit..

the boye can trade..LOL IN A NUTSHELL :d

Luke! I'm your father ... join me to the darkside
Thank You
  • #5,211
  • Mar 3, 2010 10:30pm Mar 3, 2010 10:30pm
Quoting Lurch_47
fast question.. now that it has broken thru the ltl (on the 1hr) and the pivot (5063 i think).. still looking long, ?
yes. I don't count piercings. It has to close below the dp & ltl to invalidate the setup.
Thank You
  • #5,212
  • Mar 3, 2010 10:32pm Mar 3, 2010 10:32pm
tnx

sorry to be so nervous in the servous....
  • #5,213
  • Mar 3, 2010 10:34pm Mar 3, 2010 10:34pm
Quoting Lurch_47
tnx
you're welcome
right I'm off. Trade is safe anyway. Be back later for the fireworks.
Good luck all!
Thank You
  • #5,214
  • Mar 4, 2010 1:24am Mar 4, 2010 1:24am
Quoting wormboy
Stop amended.

GBPUSD

1. long @4868 sl @5025 tp @5155 (0.1)

Trade stopped out.

GBPUSD

1. long @4868 stopped @5025 (0.1)
Thank You
  • #5,215
  • Mar 4, 2010 1:26am Mar 4, 2010 1:26am
calling it a week. not gonna surrender my gains with the whipsaw special coming our way lol.
Good luck all, be back after nfp
Thank You
  • #5,216
  • Mar 4, 2010 6:58am Mar 4, 2010 6:58am
Longs on GJ now looking good. Seems like it is too strong to be a fake break but will be good to see a 4h close above the breakout point. What do you think about a potential long entry here at the red arrow (resistance becoming support)?
Attached Image (click to enlarge)
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  • #5,217
  • Mar 4, 2010 8:02am Mar 4, 2010 8:02am
close below dp or a trend line - wb do you have a pip limit? ie shld close by 10-20-50 pips ? or even a 1 pip close does it for you?

Quoting wormboy
yes. I don't count piercings. It has to close below the dp & ltl to invalidate the setup.
  • #5,218
  • Mar 4, 2010 8:17am Mar 4, 2010 8:17am
Quoting uksnowman
Longs on GJ now looking good. Seems like it is too strong to be a fake break but will be good to see a 4h close above the breakout point. What do you think about a potential long entry here at the red arrow (resistance becoming support)?
I think it's a valid breakout rich. But, one day before nfp? I don't know .. would really hate to get whipsawed out of trades. I'll stay flat .. to hard to find a good entry imho. That GJ surge came from nowhere too, I have 2 monitors running that pair, I did not see that one coming, even the ltf was just banging against the range then out of nowhere bam lol
Thank You
  • #5,219
  • Mar 4, 2010 8:18am Mar 4, 2010 8:18am
Quoting coolshades
close below dp or a trend line - wb do you have a pip limit? ie shld close by 10-20-50 pips ? or even a 1 pip close does it for you?
for that trade, it was both.
I don't have any pip limit shades, 1 pip after covering spread would do me fine for a minimum.
Thank You
  • #5,220
  • Mar 4, 2010 8:47am Mar 4, 2010 8:47am
EurUsd

1. long @3557 sl @3545 (0.5)
Thank You
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