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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #5,301
  • Mar 9, 2010 10:11pm Mar 9, 2010 10:11pm
Quoting wormboy
EurUsd

1. long @3598 sl @3500 (0.5)
following u, even tho a pip or so late...
  • #5,302
  • Mar 9, 2010 11:04pm Mar 9, 2010 11:04pm
gu now back down to 4929... the old january low

what u thinking here, wb...
  • #5,303
  • Mar 9, 2010 11:10pm Mar 9, 2010 11:10pm
Quoting Lurch_47
gu now back down to 4929... the old january low

what u thinking here, wb...
all along yesterday and most of todays asian session 1.4950-55 was proving to be a stiff support ....so i guess it took some doing to get through that level so I suppose if ever there is a pull back now that should prove to be a resistance? plz correct me if I am making no sense....thanks

Ali
Raza
  • #5,304
  • Mar 9, 2010 11:24pm Mar 9, 2010 11:24pm
Quoting shr5
all along yesterday and most of todays asian session 1.4950-55 was proving to be a stiff support ....so i guess it took some doing to get through that level so I suppose if ever there is a pull back now that should prove to be a resistance? plz correct me if I am making no sense....thanks

Ali
.. still trying to learn here... absolutely no clue...
  • #5,305
  • Mar 10, 2010 1:04am Mar 10, 2010 1:04am
GBPUSD

1. long @4926 sl @4870 (1.0)


the fast drop during london was quickly covered and closed a piercing pattern. Let's see how this goes.


Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: guh1.JPG Size: 69 KB
Thank You
  • #5,306
  • Mar 10, 2010 1:30am Mar 10, 2010 1:30am
Quoting wormboy
GBPUSD

1. long @4926 sl @4870 (1.0)


the fast drop during london was quickly covered and closed a piercing pattern. Let's see how this goes.


Good luck.

Closed partial

GBPUSD

1. long @4926 closed @4955 (0.8)


Remaining trade unchanged

GBPUSD

1. long @4926 sl @4870 (0.2)
Thank You
  • #5,307
  • Mar 10, 2010 1:37am Mar 10, 2010 1:37am
Quoting wormboy
Closed partial

GBPUSD

1. long @4926 closed @4955 (0.8)


Remaining trade unchanged

GBPUSD

1. long @4926 sl @4870 (0.2)

Added to position

GBPUSD

1. long @4926 sl @4870 (0.2)
2. long @4898 sl @4870 (0.1)
Thank You
  • #5,308
  • Mar 10, 2010 1:40am Mar 10, 2010 1:40am
Thank Q Your EU Tips。
  • #5,309
  • Mar 10, 2010 1:40am Mar 10, 2010 1:40am
Nicely done Daddy....
Ghost Rider - WWTBMD?
  • #5,310
  • Mar 10, 2010 1:47am Mar 10, 2010 1:47am
Quoting albchr
Nicely done Daddy....
Hey bro

You have no idea man! I clicked close & my platform took more than 5 seconds to close it! I was cussing. Lucky price stalled lol.
Gonna relax now, I got cable covered already, gotta nurse eu. It's doing a stop go at dp today. I don't loike! lol


I saw you wrote about your father on the cable thread. My sincere prayers goes to you & your family bro. Stay strong ..
Thank You
  • #5,311
  • Mar 10, 2010 1:56am Mar 10, 2010 1:56am
Quoting wormboy
Hey bro

You have no idea man! I clicked close & my platform took more than 5 seconds to close it! I was cussing. Lucky price stalled lol.
Gonna relax now, I got cable covered already, gotta nurse eu. It's doing a stop go at dp today. I don't loike! lol


I saw you wrote about your father on the cable thread. My sincere prayers goes to you & your family bro. Stay strong ..
Mine does exactly the same thing when price is moving fast. I used to think it was simply the data feed coming in so fast but I'm now inclined to think it's programed that way....LOL

I'm also long cable from 4912 same SL as you.

Thank you Azim. All my love to your family brother.

I bet the little one has you two on your toes. I'll never forget the experience of my first...
Ghost Rider - WWTBMD?
  • #5,312
  • Mar 10, 2010 2:03am Mar 10, 2010 2:03am
Quoting albchr
Mine does exactly the same thing when price is moving fast. I used to think it was simply the data feed coming in so fast but I'm now inclined to think it's programed that way....LOL

I'm also long cable from 4912 same SL as you.

Thank you Azim. All my love to your family brother.

I bet the little one has you two on your toes. I'll never forget the experience of my first...
Yup, junior is keeping me busy alrite! lol .. A bit tough to scalp tho nowadays
I think as long as the low from the previous close is intact, long position is ok bro .. I hope the pattern holds and let us have a crack at dp at least.
Thank You
  • #5,313
  • Mar 10, 2010 2:05am Mar 10, 2010 2:05am
Quoting wormboy
Yup, junior is keeping me busy alrite! lol .. A bit tough to scalp tho nowadays
I think as long as the low from the previous close is intact, long position is ok bro .. I hope the pattern holds and let us have a crack at dp at least.
I hope so man. I have 4H TL's on the indexes I'm not too happy about right now for a long. Sure hope I drew them wrong....LOL

If she dips below 4880, I may cut & run....lol
Ghost Rider - WWTBMD?
  • #5,314
  • Mar 10, 2010 2:09am Mar 10, 2010 2:09am
i'm wondering if 1.3593 pivot for EU and down
and
1.4884 broken and its down down down for GU

anyone??........or am i dreamin!
  • #5,315
  • Mar 10, 2010 2:44am Mar 10, 2010 2:44am
Quoting Sifufx
Hi Wormboy,

New to the forum but have some experience. This trade of yours interests me due to the fact the size of your stop. Where is you target in relation etc R/R. Plus the USDCHF is also range bound 1.0754 and 1.0740. My thoughts would be no entry until a break by two candles either pair as one mirrors the other.

The size of your stop would think you are working of a daily TF?


Goodluck Man.
Hey WB,

Can you help me out here please. Why did you go long at resistance?

resistance levels are. 1.3602/3610

support 1.3588 S1 1.3549.

Common knowledge if a up-trend is in progress buy at S1.

Why did you enter tis trade?

since entry its fell about 50 pips = *1lot =500USD wow. Now you have heaps of resistance above you. What now?



cheers
  • #5,316
  • Mar 10, 2010 3:34am Mar 10, 2010 3:34am
sometimes you feel like you're the only one that doesnt know
  • #5,317
  • Mar 10, 2010 3:43am Mar 10, 2010 3:43am
Quoting wormboy
Added to position

GBPUSD

1. long @4926 sl @4870 (0.2)
2. long @4898 sl @4870 (0.1)

Closed partial

GBPUSD

2. long @4898 closed @4934 (0.1)

Remaining trade unchanged

GBPUSD

1. long @4926 sl @4870 (0.2)
Thank You
  • #5,318
  • Mar 10, 2010 3:45am Mar 10, 2010 3:45am
Quoting albchr
I hope so man. I have 4H TL's on the indexes I'm not too happy about right now for a long. Sure hope I drew them wrong....LOL

If she dips below 4880, I may cut & run....lol
lol .. sure looks like someone is accumulating for a large move up. I think we'll survive
Thank You
  • #5,319
  • Mar 10, 2010 4:09am Mar 10, 2010 4:09am
Quoting Sifufx
Hey WB,

Can you help me out here please. Why did you go long at resistance?

resistance levels are. 1.3602/3610

support 1.3588 S1 1.3549.

Common knowledge if a up-trend is in progress buy at S1.

Why did you enter tis trade?

since entry its fell about 50 pips = *1lot =500USD wow. Now you have heaps of resistance above you. What now?



cheers

whoaa .. slow down mate

First of, I didn't long below resistance. I bought at day open above the daily pivot. Here is the entry from 7 hours ago:
1. http://www.forexfactory.com/showpost...postcount=5299

Attached chart below, you can see the bar 7 hours ago was above dp. Second, my emergency stop was placed slightly below supp level. Third, this is the daily dx:
1. http://www.forexfactory.com/showpost...stcount=204654
As you can see, dx is no where near going above the major resistance without major news & in between asia & euro session. It's been stuck there for 3 weeks now. It'll need something big to move it up. The flip side is, there is also a bearish divergence building up. None of those had played out yet tho, so again, buying above dp at day open is warranted in my book.
I currently do have heaps of resistance above me but eu is back above dp again and I am about 18 pips in profit & since the chart is producing a potential double bottom, I will hold this trade.
And check the post again, my trade is (0.5), means it's 5usd/pip instead of your calculated 10usd/pip. So if say the trade does not work out, I stand to lose 490usd. Either way, my risk had all been calculated. Losing is not an issue.

Sorry I didn't answer you earlier, I had some errands to do. Have a good day.
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.JPG Size: 72 KB
Thank You
  • #5,320
  • Mar 10, 2010 4:53am Mar 10, 2010 4:53am
Today's low stopped 1 pip above 78.6% retracement level. It strengthens a possibility of a big move up.

a
Attached Image (click to enlarge)
Click to Enlarge Name: G_U.JPG Size: 85 KB
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