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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #6,721
  • May 12, 2010 5:32am May 12, 2010 5:32am
Quoting AnonYmos
Long GU @ .49566 sl .49240. Comments welcome.
The stop is too tight imho, because you bought right under dop level, so there is always a chance that the dp could be retested before going up again.
Anyway, hope that does not happen. Good luck.
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  • #6,722
  • May 12, 2010 7:11am May 12, 2010 7:11am
Quoting wormboy
The stop is too tight imho, because you bought right under dop level, so there is always a chance that the dp could be retested before going up again.
Anyway, hope that does not happen. Good luck.
Thanks for pointing that out to me. SL's are a traditional problem of mine. Either too tight or to loose. What's your stategy for SL's? Beyond next swing hi/lo, pivot, s/r?
  • #6,723
  • May 12, 2010 8:50am May 12, 2010 8:50am
Quoting wormboy
GBPUSD

1. long @4911 sl @4855 (0.1)

Trade stopped out.

GBPUSD

1. long @4911 stopped @4855 (0.1)

1% gain today. Managed to even out my losses yesterday.
Still a tough day with pa being all over the place.

Gonna call it a day & enjoy Thomas Cup badminton. MALAYSIA BOLEHH!!!!!!!!!!!!!!!!!!!!!
Thank You
  • #6,724
  • May 12, 2010 10:15am May 12, 2010 10:15am
Quoting wormboy
Trade stopped out.

GBPUSD

1. long @4911 stopped @4855 (0.1)

1% gain today. Managed to even out my losses yesterday.
Still a tough day with pa being all over the place.

Gonna call it a day & enjoy Thomas Cup badminton. MALAYSIA BOLEHH!!!!!!!!!!!!!!!!!!!!!

HuRRAHH!!!! bye bye Denmark! Bring on China!!
MALAYSIA BOLEH!!!!!!!!!!!!
Thank You
  • #6,725
  • May 12, 2010 10:24am May 12, 2010 10:24am
Quoting ace888
Hi Wb,

May I know at what price you're going to exit this trade?

At how many pips do u usually exit your trade?

If you could give me some insight that would be so great because I'm still learning here.

Thanks a bunch!
hi ace

if price close below the ltl before hitting my emergency stop then I will close it manually. Else, the first target would be 1.2935.
I can't actually give a precise answer as to how many pips I usually exit my trades as my trades are never uniform. The setup vary from one to another, so it depends. If you would take the time to go thru my previous trades, it might be able to shed some light to the matter.

Hope it helps. Good luck.
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  • #6,726
  • May 12, 2010 1:43pm May 12, 2010 1:43pm
GBPUSD

1. short @4843 sl @5050 (0.5)
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  • #6,727
  • May 12, 2010 9:26pm May 12, 2010 9:26pm
Quote
HuRRAHH!!!! bye bye Denmark! Bring on China!!
MALAYSIA BOLEH!!!!!!!!!!!! ?

_______________


See you in the finals !!!
Yeah I know !!!
  • #6,728
  • May 12, 2010 9:38pm May 12, 2010 9:38pm
Quoting lessonlearnt
See you in the finals !!!
Alrite!

p/s : which M you talking bout ? M Kumaresan?
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  • #6,729
  • May 13, 2010 2:29am May 13, 2010 2:29am
Quoting wormboy
EurUsd

1. long @2677 sl @2510 (0.3)

Trade closed.

EurUsd

1. long @2677 closed @2678 (0.3)
Thank You
  • #6,730
  • May 13, 2010 3:03am May 13, 2010 3:03am
Quoting wormboy
Trade closed.

EurUsd

1. long @2677 closed @2678 (0.3)
why closed azim bro?

do you see this pair falling?

Basit Ata
Enter Signature
  • #6,731
  • May 13, 2010 3:04am May 13, 2010 3:04am
Quoting wormboy
GBPUSD

1. short @4843 sl @5050 (0.5)
is the above trade still open or you have closed that?

if not closed what is your target?

Basit
Enter Signature
  • #6,732
  • May 13, 2010 3:25am May 13, 2010 3:25am
Quoting basitata
why closed azim bro?

do you see this pair falling?

Basit Ata
yea bro

dunno how far down it'll go but what I saw earlier shows that price is not ready to go up yet.
Good thing I squared up too, fell back 40 pips not too long after I closed.
Thank You
  • #6,733
  • May 13, 2010 3:28am May 13, 2010 3:28am
Quoting basitata
is the above trade still open or you have closed that?

if not closed what is your target?

Basit

yes this trade is still open.
I don't have any target in mind yet, will let price guide me. Been a tough few days, price had just been oscillating back & forth, so if I spot a turn later I will close, if there's a continuation to the downtrend then I will most likely leave this trade to work.
Thank You
  • #6,734
  • May 13, 2010 3:29am May 13, 2010 3:29am
do you post your every trade on this thread?
Enter Signature
  • #6,735
  • May 13, 2010 3:31am May 13, 2010 3:31am
Quoting wormboy
yes this trade is still open.
I don't have any target in mind yet, will let price guide me. Been a tough few days, price had just been oscillating back & forth, so if I spot a turn later I will close, if there's a continuation to the downtrend then I will most likely leave this trade to work.
thanks bro, for the reply
Enter Signature
  • #6,736
  • May 13, 2010 3:34am May 13, 2010 3:34am
Quoting basitata
do you post your every trade on this thread?
yes almost, except for when I scalp the M1. I won't post scalp entries, there isn't enough time to do so
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  • #6,737
  • May 13, 2010 3:35am May 13, 2010 3:35am
Quoting basitata
thanks bro, for the reply
you're welcome
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  • #6,738
  • May 13, 2010 3:39am May 13, 2010 3:39am
Quoting wormboy
you're welcome
i have been home last few day as met a road accident, would join office from tommorow, mean no trades. truly speaking not a good trading week this was.
Enter Signature
  • #6,739
  • May 13, 2010 3:47am May 13, 2010 3:47am
Quoting basitata
i have been home last few day as met a road accident, would join office from tommorow, mean no trades. truly speaking not a good trading week this was.
sorry to hear about that. I hope you are better now

don't worry about having bad weeks, no one escapes it. Just maintain discipline & continue to trade like how you normally do, you'll be fine

p/s : glad i closed that eu long just in time. 100 pips down from where I closed it earlier
Thank You
  • #6,740
  • May 13, 2010 3:51am May 13, 2010 3:51am
Quoting wormboy
sorry to hear about that. I hope you are better now

don't worry about having bad weeks, no one escapes it. Just maintain discipline & continue to trade like how you normally do, you'll be fine

p/s : glad i closed that eu long just in time. 100 pips down from where I closed it earlier
provided some thing is left in the account

good luck
for me
Enter Signature
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