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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #6,441
  • May 4, 2010 1:06am May 4, 2010 1:06am
Chart for trade taken.

Took after price bounced off day open. Emergency stop placed slightly below yesterday's day open price.
Will look to add once price climbs higher past first daily resistance level.

Let's see ...
Attached Image (click to enlarge)
Click to Enlarge Name: dragon5.gif Size: 45 KB
Thank You
  • #6,442
  • May 4, 2010 1:13am May 4, 2010 1:13am
Quoting wormboy
gbpjpy

1. Long @144.41 sl @143.95 (0.1)
hi azim, this is the first time i have watched your trading live.. On which time frame did you place your order..
Or even a chart, if you get time.
Thanks mate, graham
  • #6,443
  • May 4, 2010 1:18am May 4, 2010 1:18am
Quoting nAVIN2007
nice trading buddy
Hey nav cheers bro

Quoting albchr
Me too buddy...

http://www.forexfactory.com/showpost...postcount=1267

Excellent bro!
Thank You
  • #6,444
  • May 4, 2010 1:19am May 4, 2010 1:19am
Quoting Janegra
hi azim, this is the first time i have watched your trading live.. On which time frame did you place your order..
Or even a chart, if you get time.
Thanks mate, graham

Hi graham,

Trade was placed based on the m5. The chart is attached above your initial post. thanks
Thank You
  • #6,445
  • May 4, 2010 2:11am May 4, 2010 2:11am
Hey Azim

I put on the indi that u posted yesterday (not the one with pivots, the other one that u said it is kinda "heavy").
Now.. that is very cool.. but except for the authomatic range of sessions i am not sure i understood what it tells me. For sure i can impress some girl with that indicator... but i feel there is more in it.
Where can i find the explanation for it?

Thanks
I don't want a job, i want money!
  • #6,446
  • May 4, 2010 2:31am May 4, 2010 2:31am
Quoting wormboy
GBPJPY

1. long @144.41 sl @143.95 (0.1)

Trade stopped out.

GBPJPY

1. long @144.41 stopped @143.95 (0.1)

Odd selling before data release. Will wait this one out till later. Price is currently below day open & testing dp.
Attached Image (click to enlarge)
Click to Enlarge Name: dragon5.gif Size: 47 KB
Thank You
  • #6,447
  • Edited 3:03am May 4, 2010 2:48am | Edited 3:03am
Quoting wormboy
Trade stopped out.

GBPJPY

1. long @144.41 stopped @143.95 (0.1)

Odd selling before data release. Will wait this one out till later. Price is currently below day open & testing dp.
Hey buddy, Sorry about the stop hit. But once again our thinking is very similar. I just waited a bit longer due to the indexes. Still might get slapped with the news coming but hey, gotta take the shot.

http://www.forexfactory.com/showpost...postcount=1270
Ghost Rider - WWTBMD?
  • #6,448
  • May 4, 2010 3:04am May 4, 2010 3:04am
UsdCad

1. short @1.0123 sl @1.0168 tp @1.0063 (1.0)
Thank You
  • #6,449
  • May 4, 2010 3:06am May 4, 2010 3:06am
Quoting dario1002
Hey Azim

I put on the indi that u posted yesterday (not the one with pivots, the other one that u said it is kinda "heavy").
Now.. that is very cool.. but except for the authomatic range of sessions i am not sure i understood what it tells me. For sure i can impress some girl with that indicator... but i feel there is more in it.
Where can i find the explanation for it?

Thanks
hi dario

what automatic range of session? I'm not sure I understand the question.
I don't have the readme sorry ..
Thank You
  • #6,450
  • May 4, 2010 3:07am May 4, 2010 3:07am
Quoting albchr
Hey buddy, Sorry about the stop hit. But once again our thinking is very similar. I just waited a bit longer due to the indexes. Still might get slapped with the news coming but hey, gotta take the shot.

http://www.forexfactory.com/showpost...postcount=1270
it happens bro
that entry of yours looks like money right now Good luck with your trade!
Thank You
  • #6,451
  • May 4, 2010 3:09am May 4, 2010 3:09am
Quoting wormboy
hi dario

what automatic range of session? I'm not sure I understand the question.
I don't have the readme sorry ..

It's ok... i will try to observe and understand what it shows... if i can't, i will just not use it.
That was an heavy move against u... and it started 45 mins before the news. Don't get upset my friend, u will spank that lady the next time!
I don't want a job, i want money!
  • #6,452
  • May 4, 2010 3:19am May 4, 2010 3:19am
Quoting wormboy
it happens bro
that entry of yours looks like money right now Good luck with your trade!
Well I hope so. Still a bit concerned about a wild swing at news time.

Like you, I'm also still eying the UC. Heck of a 4H pin but not exactly liking the location........
Ghost Rider - WWTBMD?
  • #6,453
  • May 4, 2010 3:22am May 4, 2010 3:22am
Quoting dario1002
It's ok... i will try to observe and understand what it shows... if i can't, i will just not use it.
That was an heavy move against u... and it started 45 mins before the news. Don't get upset my friend, u will spank that lady the next time!
alrite.

it's okay .. only $46 loss. That was 1usd/pip trade. I only thought of increasing the size once the resistance was taken out, else I'd settle for a small loss. which I did. Not an issue.
This ucad trade however, is a full lot. Currently at bep.
Thank You
  • #6,454
  • May 4, 2010 3:55am May 4, 2010 3:55am
Hey wormie.. do u think we have more room to go down on GBPUSD?. As for my analysis.. it seems we broke the previous level of support @ around 5215... and now it seems that the next target could be in the lower 5140.

Any comment??
I don't want a job, i want money!
  • #6,455
  • May 4, 2010 4:06am May 4, 2010 4:06am
Quoting dario1002
Hey wormie.. do u think we have more room to go down on GBPUSD?. As for my analysis.. it seems we broke the previous level of support @ around 5215... and now it seems that the next target could be in the lower 5140.

Any comment??
certainly plenty of room to go down ... or up once price breakout from the d1 bottleneck.
If I were you, I'd wait for the D1 breakout and trade it. There's gonna be at least a 500 pips move before the summer holidays. Might as well wait for a confirmed break and trade the big move.

Here's the chart I put up earlier:
1. http://www.forexfactory.com/showpost...stcount=223512
Thank You
  • #6,456
  • May 4, 2010 4:11am May 4, 2010 4:11am
Quoting wormboy
certainly plenty of room to go down ... or up once price breakout from the d1 bottleneck.
If I were you, I'd wait for the D1 breakout and trade it. There's gonna be at least a 500 pips move before the summer holidays. Might as well wait for a confirmed break and trade the big move.

Here's the chart I put up earlier:
1. http://www.forexfactory.com/showpost...stcount=223512

Judginf from this.. and assuming that it happens right now... i should set a SL @1.5420 and a TP @4790?? that would be the correct way to make this trade??
I don't want a job, i want money!
  • #6,457
  • May 4, 2010 4:14am May 4, 2010 4:14am
Wormboy your avatar is getting more sinister. What do all the symbols mean? You're getting me scared. How about this for an avatar:

Attached Image
Gone to a better place
  • #6,458
  • May 4, 2010 4:23am May 4, 2010 4:23am
GBPJPY

1. long @143.63 sl @142.85 (0.5)
Thank You
  • #6,459
  • May 4, 2010 4:28am May 4, 2010 4:28am
Quoting dario1002
Judginf from this.. and assuming that it happens right now... i should set a SL @1.5420 and a TP @4790?? that would be the correct way to make this trade??
no

look again, that's the d1 chart. You'll need at least another 2 days to confirm if there is going to be a breakout towards the downside.
Think that's gonna happen? I've always stated we trade the charts only but 2 days from now is the election .. think cable will tank before that?
So rather than start to build large positions now, might as well wait. If not till the election, wait till the chart confirms there's a breakout & closing price below the level. Much safer that way.
Thank You
  • #6,460
  • May 4, 2010 4:28am May 4, 2010 4:28am
Quoting smikester
Wormboy your avatar is getting more sinister. What do all the symbols mean? You're getting me scared. How about this for an avatar:

Attachment

lol done! thanks!
Thank You
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