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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #5,541
  • Mar 21, 2010 2:28pm Mar 21, 2010 2:28pm
Quoting wormboy
I have to be flexible baz, not about being macho, it's about getting paid, by any means necessary.
u doing fantastically azim..i personally think your a lot better than what u actually think..one day, very soon, i reckon by the end of this year perhaps..u will be making k's per week..

your on yur way bro..just keep doing what yur doing and dont change nothing till your ready, yur instincts are amazing!!! .. i do agree with baz

as usual

Quoting TheGabriel
I've left my positions opened over-week, so here's an update with the running trades left the tps and sls.
welldone bud
  • #5,542
  • Mar 21, 2010 3:08pm Mar 21, 2010 3:08pm
Quoting wormboy
I have to be flexible baz, not about being macho, it's about getting paid, by any means necessary.
Azim you rock bro, you have fantastic instincts
  • #5,543
  • Mar 21, 2010 7:21pm Mar 21, 2010 7:21pm
GBPUSD

1. long @4991 sl @4925 (0.2)
Thank You
  • #5,544
  • Mar 21, 2010 7:24pm Mar 21, 2010 7:24pm
Quoting wormboy
Remaining stop amended.

GBP JPY

1. short @137.71 sl @137.50 (0.1)

Trade closed

GBPJPY

1. short @137.71 closed @136.62 (0.1)
Thank You
  • #5,545
  • Mar 22, 2010 2:10am Mar 22, 2010 2:10am
All trades are closed now.
AUDUSD sell TP HIT + 87pips
EURGBP buy TP HIT + 124pips
GBPJPYshort closed @ 135.70 +200pips
EURJPY short closed @ 122.53 +164pips
"Hate the sin, love the sinner." - Gandhi
  • #5,546
  • Mar 22, 2010 2:15am Mar 22, 2010 2:15am
Azim I'm now 20 out of 8417 for the Porsche contest with 151%, i must reach 600% soon to catch up the lost time. I know it's still a remote possibility but since I'm getting the driving licence, it would be nice to have it as first car
"Hate the sin, love the sinner." - Gandhi
  • #5,547
  • Mar 22, 2010 2:25am Mar 22, 2010 2:25am
Quoting TheGabriel
All trades are closed now.
AUDUSD sell TP HIT + 87pips
EURGBP buy TP HIT + 124pips
GBPJPYshort closed @ 135.70 +200pips
EURJPY short closed @ 122.53 +164pips
  • #5,548
  • Mar 22, 2010 3:43am Mar 22, 2010 3:43am
Quoting wormboy
GBPUSD

1. long @4991 sl @4925 (0.2)
Glad you could jump onboard! See what happens..

Attached Image (click to enlarge)
Click to Enlarge Name: gu trade 01.gif Size: 11 KB
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #5,549
  • Mar 22, 2010 4:08am Mar 22, 2010 4:08am
First trade of the day.

EurUSD Buy @ 1.3545 - SL 1.34877 & TP 1.36407
Indicators also confirm, they're slowly turning up.
Attached Image (click to enlarge)
Click to Enlarge Name: eurusd.jpg Size: 221 KB
"Hate the sin, love the sinner." - Gandhi
  • #5,550
  • Mar 22, 2010 4:25am Mar 22, 2010 4:25am
2nd trade seems correlated to the eurusd one.

EURJPY BUY @ 122.620 - SL 122.079 & TP 123.60

I hope Azim doesn't mind if I post the calls here; I think there's no need for another topic because we can discuss here where there are many good traders visiting.
"Hate the sin, love the sinner." - Gandhi
  • #5,551
  • Mar 22, 2010 4:25am Mar 22, 2010 4:25am
to be sure i am figuring this right, WB... i show pivot at 5086 on GU... is that correct? or am i off

tnx
  • #5,552
  • Mar 22, 2010 4:31am Mar 22, 2010 4:31am
Quoting Lurch_47
to be sure i am figuring this right, WB... i show pivot at 5086 on GU... is that correct? or am i off

tnx
Around that area (at 1.5070) I also have a resistance. Right now it's possible that Cable formed a support at 1.4925 but we need further confirmation for a buy, Azim is in a buy if I'm right
"Hate the sin, love the sinner." - Gandhi
  • #5,553
  • Mar 22, 2010 4:37am Mar 22, 2010 4:37am
Quoting Lurch_47
to be sure i am figuring this right, WB... i show pivot at 5086 on GU... is that correct? or am i off

tnx
yup. that's the target for now unless being stopped.
Chart showed a rejection off a significant fib level. Chart attached below.
The other 2 entries were earlier scalp. 23.8 pips @1 full lot. Current stop had been managed, so I am guaranteed from a loss today
Attached Image (click to enlarge)
Click to Enlarge Name: gu.JPG Size: 107 KB
Thank You
  • #5,554
  • Mar 22, 2010 5:40am Mar 22, 2010 5:40am
another 17.6 in the bag
good trades today. gotta stay flexible people.
41.4 bagged on 3 full lot scalps. One position left @2usd/pip for 5080.
I'm done for the day. Catch everyone later. Me mam's birthday today
cheers!
Attached Image (click to enlarge)
Click to Enlarge Name: gus.JPG Size: 81 KB
Thank You
  • #5,555
  • Mar 22, 2010 6:15am Mar 22, 2010 6:15am
Quoting wormboy
another 17.6 in the bag
good trades today. gotta stay flexible people.
41.4 bagged on 3 full lot scalps. One position left @2usd/pip for 5080.
I'm done for the day. Catch everyone later. Me mam's birthday today
cheers!
Gees u going?? u should stick around the Gabriel will prob get 1000 before the nights over..
  • #5,556
  • Mar 22, 2010 6:27am Mar 22, 2010 6:27am
Hi Gabriel,
Your system looks interesting. Do you have an outline of it anywhere? I have my own 'system' but am always open to other techniques.
Thanks
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #5,557
  • Mar 22, 2010 7:57am Mar 22, 2010 7:57am
Quoting TheGabriel
2nd trade seems correlated to the eurusd one.

EURJPY BUY @ 122.620 - SL 122.079 & TP 123.60

I hope Azim doesn't mind if I post the calls here; I think there's no need for another topic because we can discuss here where there are many good traders visiting.
SL HIT - 57pips

Quoting TheGabriel
First trade of the day.

EurUSD Buy @ 1.3545 - SL 1.34877 & TP 1.36407
SL HIT - 59pips

NEW trade that will erase the losses I think.
SELL EURGBP @ 0.89983 - SL 0.90473 TP 0.89033
This is the only trade opened at the moment. Cable might go up in correlation with EURGBP moving down, GBPJPY also possibly will go up so next signals should be buy Cable and Dragon.
"Hate the sin, love the sinner." - Gandhi
  • #5,558
  • Mar 22, 2010 8:12am Mar 22, 2010 8:12am
Quoting jimmynoodles
Hi Gabriel,
Your system looks interesting. Do you have an outline of it anywhere? I have my own 'system' but am always open to other techniques.
Thanks
Hi jimmy,

Take a look at the chart I posted, the reasons for the EURGBP sell are pretty simple. You can see a new wave is forming and the indicators are starting to point down aswell, is not that you need them to take the entry but they confirm the trading decision.

The important part is that you put the right stop loss and take profit when you take your trades. You can see my stop loss is placed just above the top formed and the tp is double that.

You let the trade run to take profit, in some cases it might need your intervention to take profit a bit earlier, it shouldn't happen very often as the idea is to let trades run so you intervention should be minimal and only check your trades from time to time, don't babysit them.
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbp.jpg Size: 188 KB
"Hate the sin, love the sinner." - Gandhi
  • #5,559
  • Mar 22, 2010 8:24am Mar 22, 2010 8:24am
Ok cool thanks for the reply.
Good trading.
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
  • #5,560
  • Mar 22, 2010 8:27am Mar 22, 2010 8:27am
Looks like some pretty good resistance around the 0.8995 area on the E/G anyway.
The best trade I ever made was my SIN for Jesus' RIGHTEOUSNESS.
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