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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #5,621
  • Mar 24, 2010 4:39am Mar 24, 2010 4:39am
Quoting bonus76
wormie i am heavily short trade on us chf at 84. What is ur opinion?
can't give you one mate. I don't trade that pair. Sorry
Thank You
  • #5,622
  • Mar 24, 2010 4:43am Mar 24, 2010 4:43am
Quoting wormboy
can't give you one mate. I don't trade that pair. Sorry
i took eu trade 2 but doesnt look good.
  • #5,623
  • Mar 24, 2010 4:58am Mar 24, 2010 4:58am
Quoting bonus76
i took eu trade 2 but doesnt look good.
what price did you get?
Thank You
  • #5,624
  • Mar 24, 2010 4:59am Mar 24, 2010 4:59am
Quoting wormboy
what price did you get?
i went long at 1.3458
  • #5,625
  • Mar 24, 2010 5:04am Mar 24, 2010 5:04am
Quoting bonus76
i went long at 1.3458
okay .. not too bad. unless you're overleveraging on this trade.
my trade is currently underwater as well, but it's only 3usd/pip.
I hope you manage your trade well. If you feel uncomfortable because you've put too much at stake, I suggest you cut some of the positions loose. It'll make your trading easier to handle.
Thank You
  • #5,626
  • Mar 24, 2010 5:06am Mar 24, 2010 5:06am
Quoting wormboy
okay .. not too bad. unless you're overleveraging on this trade.
my trade is currently underwater as well, but it's only 3usd/pip.
I hope you manage your trade well. If you feel uncomfortable because you've put too much at stake, I suggest you cut some of the positions loose. It'll make your trading easier to handle.
it's only one mini contract. but i am heavily short on us chf
  • #5,627
  • Mar 24, 2010 5:10am Mar 24, 2010 5:10am
Quoting bonus76
it's only one mini contract. but i am heavily short on us chf
it's okay then if it's 1minilot.
wished i could help you out with swissy but i do not have any chart on it, no historical data. Maybe someone who's been trading the pair long enough could be kind enough to offer their thought to bonus76? Many thanks
Thank You
  • #5,628
  • Mar 24, 2010 5:12am Mar 24, 2010 5:12am
Fitch downgraded Portugal rating to -AA
  • #5,629
  • Mar 24, 2010 5:19am Mar 24, 2010 5:19am
Quoting bonus76
Fitch downgraded Portugal rating to -AA
yup i saw that too.
time to start planning on shorting options perhaps. this won't be good for the ez
Thank You
  • #5,630
  • Mar 24, 2010 5:24am Mar 24, 2010 5:24am
Quoting wormboy
yup i saw that too.
time to start planning on shorting options perhaps. this won't be good for the ez
Don't know much about the movement for EU but GBPUSD is holding well above the 1.4970 level so far....hopefully building up some steam for the US session....
Raza
  • #5,631
  • Edited 5:37am Mar 24, 2010 5:25am | Edited 5:37am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hey Wormie, Bonus76


Although I do not trade USDCHF but if 107 is crossed (chart attached), it's not a good idea to hold positions.

Given that Dollar is dominant from past few weeks. It's not suggested to go against the dollar unless one is an experienced trader.

Dollar has been bought heavily, and I suggest to wait and see this level for a while. Might like to close position when retrace happens. I do not see any interest of Swiss gov to control their currency. It's in their benefit if their currency falls. Wait for NY session to sell the dollar if at all.


Ta
Ams



Quoting wormboy
it's okay then if it's 1minilot.
wished i could help you out with swissy but i do not have any chart on it, no historical data. Maybe someone who's been trading the pair long enough could be kind enough to offer their thought to bonus76? Many thanks
Attached Image (click to enlarge)
Click to Enlarge Name: uc.gif Size: 23 KB
  • #5,632
  • Mar 24, 2010 5:25am Mar 24, 2010 5:25am
Quoting shr5
Don't know much about the movement for EU but GBPUSD is holding well above the 1.4970 level so far....hopefully building up some steam for the US session....
had no intention to jinx it.....shuckss...
Raza
  • #5,633
  • Mar 24, 2010 5:30am Mar 24, 2010 5:30am
Quoting ams
Hey Wormie,


Although I do not trade USDCHF but if 107 is crossed (chart attached), it's not a good idea to hold positions.

Given that Dollar is dominant from past few weeks. It's not suggested to go against the dollar unless one is an experienced trader.

Dollar has been bought heavily, and I suggest to wait and see this level for a while. Might like to close position when retrace happens. I do not see any interest of Swiss gov to control their currency. It's in their benefit if their currency falls. Wait for NY session to sell the dollar if...

Thank you for the advise ams. WHere is GM today? in how long will NY open?
  • #5,634
  • Mar 24, 2010 5:48am Mar 24, 2010 5:48am
Quoting wormboy
it's okay then if it's 1minilot.
wished i could help you out with swissy but i do not have any chart on it, no historical data. Maybe someone who's been trading the pair long enough could be kind enough to offer their thought to bonus76? Many thanks
We had reversal CANDLES on BOTH the EURO and SWISSY on WEEKLY,the SWISSY was at a VERY GOOD LOCATION.....the REVERSAL will be confirmed by the weekly close or otherwise....
So at present LONGS in play....
USD_CHF Spot.png

baz
Attached Image (click to enlarge)
Click to Enlarge Name: USD_CHF Spot.png Size: 12 KB
  • #5,635
  • Mar 24, 2010 5:52am Mar 24, 2010 5:52am
Quoting baz
We had reversal CANDLES on BOTH the EURO and SWISSY on WEEKLY,the SWISSY was at a VERY GOOD LOCATION.....the REVERSAL will be confirmed by the weekly close or otherwise....
So at present LONGS in play....
USD_CHF Spot.png

baz
EURO WEEKLY VIEW.....
EUR_USD Spot.png
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD Spot.png Size: 7 KB
  • #5,636
  • Mar 24, 2010 5:55am Mar 24, 2010 5:55am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Not sure about GM buddy.
It will open in another 2hr 30min.


Quoting bonus76
Thank you for the advise ams. WHere is GM today? in how long will NY open?
  • #5,637
  • Mar 24, 2010 7:35am Mar 24, 2010 7:35am
Quoting TheGabriel
I'm with you wormie, long term buy for me. Looks like today has only been a shakeout

Still running all the trades posted here and here.
GBPUSD SL HIT -93 pips
Right now I have a floating 200 pips on the 4 trades left EURGBP, GBPJPY, EURJPY, AUDUSD and they're still far from tp so rightnow the comeback is guaranteed if trades remain positive.

Down to 2280 pips now, still a good month is.
"Hate the sin, love the sinner." - Gandhi
  • #5,638
  • Mar 24, 2010 7:41am Mar 24, 2010 7:41am
Quoting wormboy
Added to position

gbp usd

1. long @5054 sl @4915 (0.1)
2. long @4996 sl @4915 (0.1)
Trade stopped out


gbp usd

1. long @5054 stopped @4915 (0.1)
2. long @4996 stopped @4915 (0.1)
Thank You
  • #5,639
  • Mar 24, 2010 7:46am Mar 24, 2010 7:46am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
sorry Wormie, hope you can make it in another trade.


ta
ams

Quoting wormboy
Trade stopped out


gbp usd

1. long @5054 stopped @4915 (0.1)
2. long @4996 stopped @4915 (0.1)
  • #5,640
  • Mar 24, 2010 7:53am Mar 24, 2010 7:53am
Quoting ams
sorry Wormie, hope you can make it in another trade.


ta
ams
it's alrite mate. gotta happen sometime
Good luck with your trades today.
Thank You
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