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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #5,981
  • Apr 5, 2010 10:11am Apr 5, 2010 10:11am
Quoting wormboy
lol
dunno if he meant it that way but it sure sounded like it!
how you doing bro
Im good bro! ..just trying to figure out if this cable is gonna go to 1.50 first b4 it takes off!!..might just go up!!..this whole non farm and easter its difficult to judge
  • #5,982
  • Apr 5, 2010 10:20am Apr 5, 2010 10:20am
Quoting wormboy
EurUsd

1.short @3522 sl @NA (0.2)

Closed partial

EurUsd

1.short @3522 closed @3491 (0.1)

Remaining stop amended.

EurUsd

1.short @3522 sl @3518 (0.1)
Thank You
  • #5,983
  • Apr 5, 2010 10:22am Apr 5, 2010 10:22am
Quoting nAVIN2007
Im good bro! ..just trying to figure out if this cable is gonna go to 1.50 first b4 it takes off!!..might just go up!!..this whole non farm and easter its difficult to judge
yea .. fed anouncing discount rate later too. I'm playing it safe today. We remembered what happened the last time
Thank You
  • #5,984
  • Apr 5, 2010 10:28am Apr 5, 2010 10:28am
Okay .. classic trap earlier, markup towards dp only to ram it back down towards supp level. Let's see what happens here..
Attached Image (click to enlarge)
Click to Enlarge Name: eum5a.gif Size: 25 KB
Thank You
  • #5,985
  • Apr 5, 2010 10:32am Apr 5, 2010 10:32am
Quoting wormboy
Closed partial

EurUsd

1.short @3522 closed @3491 (0.1)

Remaining stop amended.

EurUsd

1.short @3522 sl @3518 (0.1)

Remaining Trade closed

EurUsd

1.short @3522 closed @3472 (0.1)
Thank You
  • #5,986
  • Apr 5, 2010 10:41am Apr 5, 2010 10:41am
Okay we'll stop trading here & wait for a breakout on the HTF. Current price on the H4 is threatening to breakout south with the ltl breach & H&S neckline test. We'll only take the trade when price clear the levels cleanly.
Good luck to all.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eum5b.gif Size: 25 KB
Click to Enlarge Name: eu4b.gif Size: 23 KB
Thank You
  • #5,987
  • Apr 5, 2010 10:42am Apr 5, 2010 10:42am
Quoting wormboy
Remaining Trade closed

EurUsd

1.short @3522 closed @3572 (0.1)
good one
Raza
  • #5,988
  • Apr 5, 2010 10:43am Apr 5, 2010 10:43am
Quoting shr5
good one
Thank you ali. Hope you've had a good trading day
Thank You
  • #5,989
  • Apr 5, 2010 10:44am Apr 5, 2010 10:44am
Good trade WB...

I'm sorry to interrupt, do you have some vision about usd/jpy? where this goes?

I'm hold a short @ 93.76 (0.1), better it closed or open?

Thanks for your advise...


Rengats,
Indeskey
  • #5,990
  • Apr 5, 2010 10:47am Apr 5, 2010 10:47am
Quoting wormboy
Thank you ali. Hope you've had a good trading day
hmm...the usual 2 bad and 3 good....all in all couple of pips in the bag so am happy what's your opinion about GU? does it seem to be following in EUs footsteps means was it a false break upside?
Raza
  • #5,991
  • Apr 5, 2010 10:56am Apr 5, 2010 10:56am
Quoting shr5
hmm...the usual 2 bad and 3 good....all in all couple of pips in the bag so am happy what's your opinion about GU? does it seem to be following in EUs footsteps means was it a false break upside?
Good good. Keep it up

Cable imho is still in uptrend. And earlier we saw price test dp @5222, but was heavily defended, so I am a bit hesitant to short from here, matter of fact if positioning, I'll only short below 5170. The H4 is indicating there is a possibility that a double top formation is in progress. Time will tell, I am merely speculating that it is.
If assuming price do not get closer to dp by today's close, I will contemplate on buying. Will stay flat tho for now, not going to even scalp this.
Thank You
  • #5,992
  • Apr 5, 2010 10:59am Apr 5, 2010 10:59am
Quoting wormboy
Good good. Keep it up

Cable imho is still in uptrend. And earlier we saw price test dp @5222, but was heavily defended, so I am a bit hesitant to short from here, matter of fact if positioning, I'll only short below 5170. The H4 is indicating there is a possibility that a double top formation is in progress. Time will tell, I am merely speculating that it is.
If assuming price do not get closer to dp by today's close, I will contemplate on buying. Will stay flat tho for now, not going to even scalp this.
ok cool enough......lot of trading took place around 1.5250-65 area on thursday as well as friday though it was pretty low when it came to volume......so i guess any break below that level could touch the dp otherwise your double top seems the likely way around it....but ofcourse only time will tell....watching it from the sides as well
Raza
  • #5,993
  • Apr 5, 2010 11:45am Apr 5, 2010 11:45am
Quoting Indeskey
Good trade WB...

I'm sorry to interrupt, do you have some vision about usd/jpy? where this goes?

I'm hold a short @ 93.76 (0.1), better it closed or open?

Thanks for your advise...


Rengats,
Indeskey

hi indeskey.

looks like a bad trade there sorry. i would've sold only at the break of 93.65 ... your silver lining is that currently it is a bearish day for uy, so you might still be able to come out with this still with little damage or none at all.
I would ask you to close your trade but, since it does look toppy toppy .. I won't. Depending on your risk tolerance tho, if you can handle the drawdown, just put your stop at 94.70 and trail it for 20 pips.
However, if you're expanding your margin by doing so, I suggest you kill the trade. Your decision mate. I wish you good luck
Thank You
  • #5,994
  • Apr 5, 2010 12:14pm Apr 5, 2010 12:14pm
Written by Jamie Coleman
April 5, 2010 at 16:18 GMT

"MNI’s Steve Beckner, one the most-followed Fed-watchers in Washington, says the FOMC won’t raise the discount rate today nor anytime soon, for that matter…"


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Okay, guess no show today. I'm outta here. Trade safe everyone!
Thank You
  • #5,995
  • Apr 5, 2010 6:33pm Apr 5, 2010 6:33pm
okay good morning

back to original plan. we're buying cable.

GBPUSD

1. long @5303 sl @5175 (0.2)
Thank You
  • #5,996
  • Apr 6, 2010 3:46am Apr 6, 2010 3:46am
Quoting wormboy
okay good morning

back to original plan. we're buying cable.

GBPUSD

1. long @5303 sl @5175 (0.2)

Trade stopped out.

GBPUSD

1. long @5303 stopped @5175 (0.2)


what a mess .. thought they'd wait at least till london to go crazy
Thank You
  • #5,997
  • Apr 6, 2010 4:47am Apr 6, 2010 4:47am
Quoting wormboy
Trade stopped out.

GBPUSD

1. long @5303 stopped @5175 (0.2)


what a mess .. thought they'd wait at least till london to go crazy
sorry to hear about ur loss.. i believe u'll make it up in no time though..
  • #5,998
  • Apr 6, 2010 4:52am Apr 6, 2010 4:52am
Quoting Denefx
sorry to hear about ur loss.. i believe u'll make it up in no time though..
thanks dene, it happens. but ruginya tidur hari ni! cess
Thank You
  • #5,999
  • Apr 6, 2010 5:01am Apr 6, 2010 5:01am
http://www.forexfactory.com/showpost...postcount=5913

so far so good.. here's the update for euro.. not yet violate my earlier analysis..

http://i42.photobucket.com/albums/e3...Apr10-01-1.jpg
  • #6,000
  • Apr 6, 2010 5:03am Apr 6, 2010 5:03am
Quoting wormboy
thanks dene, it happens. but ruginya tidur hari ni! cess
hehehhee.. lesson learnt i guess.. tak elok tido siang hari..
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