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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #6,881
  • May 14, 2010 8:41am May 14, 2010 8:41am
Enjoy the weeekend guys. See you next week for more hunting these pips.
  • #6,882
  • May 14, 2010 10:42am May 14, 2010 10:42am
Quoting wormboy
hi yuan

it's not arabic, it's thai.
it means "i am the way, the truth & the life"


oops pardon my ignorance. u are not asian aren't u ... and where does the phrase comes from/
  • #6,883
  • May 14, 2010 3:46pm May 14, 2010 3:46pm
Target reached + 276 okay will leave you in peace now...
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  • #6,884
  • May 16, 2010 5:30pm May 16, 2010 5:30pm
Morning
Taking a small long against.

GBPUSD

1. long @4440 sl @4300 (0.2)


Let's see how this goes. Be back at lo.
Good luck
Thank You
  • #6,885
  • May 16, 2010 7:47pm May 16, 2010 7:47pm
Quoting wormboy
Morning
Taking a small long against.

GBPUSD

1. long @4440 sl @4300 (0.2)


Let's see how this goes. Be back at lo.
Good luck

well 270 pips move in asia .. who would've thunk

GBPUSD

1. long @4440 stopped @4300 (0.2)
Thank You
  • #6,886
  • May 16, 2010 7:49pm May 16, 2010 7:49pm
Re entered.

GBPUSD

1. long @4284 sl @4000 (0.5)
Thank You
  • #6,887
  • May 16, 2010 8:31pm May 16, 2010 8:31pm
Quoting wormboy
Re entered.

GBPUSD

1. long @4284 sl @4000 (0.5)
Excellent Wormie.. I am with you on the long.
  • #6,888
  • May 16, 2010 8:57pm May 16, 2010 8:57pm
As much as a retrace may be in order, waiting for the break above channel ltl to hedge long, otherwise S3 130 area next target on downside BO. 133.3 area would be logical retrace target.

GL w/ your trades

http://www.forexfactory.com/showpost...postcount=6847
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  • #6,889
  • May 16, 2010 9:28pm May 16, 2010 9:28pm
Guess wormie was looking at this as a possible rejection point...same as me a 50% retractment must be due sometime soon...
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  • #6,890
  • May 16, 2010 10:24pm May 16, 2010 10:24pm
closed that order + 5 will see on the bottom again ... the selling seems strong as we broke long term support lines think they call that a bear flag.....sorry wormie back to my other thread..cheers...
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  • #6,891
  • May 16, 2010 10:43pm May 16, 2010 10:43pm
Quoting Fudomyo
As much as a retrace may be in order, waiting for the break above channel ltl to hedge long, otherwise S3 130 area next target on downside BO. 133.3 area would be logical retrace target.

GL w/ your trades

http://www.forexfactory.com/showpost...postcount=6847
chickened out on the retrace trade ...caution prevailed. lol
waiting for the test of the channel ltl as support, see what happens next.

under these conditions, trying to catch the bottom is dangerous. still below UJ 92. It could go up, but waiting to see how support firms up. So far, the drops have been fast and furious and the rises not convincing. as much as I'd like to catch the potential move up, it doesn't fit my RR, so I may just miss it......
  • #6,892
  • May 16, 2010 11:00pm May 16, 2010 11:00pm
Yea im thinking i dont like eating chicken noddles while waiting for a big trade to happen ..i been a fan of wormies trading for a fair while i tend to stay from forums as they tend to make me do impulse trades i do my own thing..
Dont worry it will go up as people lock in profits i dont trade with huge stops i have sells 2oo pips away so will wait for them to fill and avoid the lower TF scalping ..and also watch my equities and wow they been hammered so no reason to see a green or weak $USD atm..
  • #6,893
  • May 16, 2010 11:45pm May 16, 2010 11:45pm
Quoting trj6911
Yea im thinking i dont like eating chicken noddles while waiting for a big trade to happen ..i been a fan of wormies trading for a fair while i tend to stay from forums as they tend to make me do impulse trades i do my own thing..
Dont worry it will go up as people lock in profits i dont trade with huge stops i have sells 2oo pips away so will wait for them to fill and avoid the lower TF scalping ..and also watch my equities and wow they been hammered so no reason to see a green or weak $USD atm..
makes sense. I come here to chat with Azim and have a bit of fun, but don't follow the forums either. much healthier for the account balance.
  • #6,894
  • May 17, 2010 12:06am May 17, 2010 12:06am
Quoting wormboy
Re entered.

GBPUSD

1. long @4284 sl @4000 (0.5)
Closed partial to cover earlier loss.


GBPUSD

1. long @4284 closed @4423 (0.3)

Remaining stop amended.

GBPUSD

1. long @4284 sl @4290 (0.2)
Thank You
  • #6,895
  • May 17, 2010 12:07am May 17, 2010 12:07am
Quoting Ctic
Excellent Wormie.. I am with you on the long.
cheers c, not looking too shabby at the mo
Thank You
  • #6,896
  • May 17, 2010 12:10am May 17, 2010 12:10am
Quoting trj6911
Guess wormie was looking at this as a possible rejection point...same as me a 50% retractment must be due sometime soon...
nice one trev, coincides with the W1 76.4 fe as well. was tad bit early when I bought the first time.
can't complain with how it's turning out right now.
hope you are trading well my friend
Thank You
  • #6,897
  • May 17, 2010 12:11am May 17, 2010 12:11am
Quoting Fudomyo
makes sense. I come here to chat with Azim and have a bit of fun ....
my sake bud!
Thank You
  • #6,898
  • May 17, 2010 12:18am May 17, 2010 12:18am
Quoting wormboy
cheers c, not looking too shabby at the mo
NO not at all. I posted a monthly chart in my thread and cable but will post here too. This is like a 50 year support line...

In 2008 we didn't have a single candle close below this point
In 2000 - 2001 we hoovered around this point before it moved back up
In 1992 we bounced off this exact same point to go back to 1.75.

In my opinion this was a low risk high probablity trade.

C.
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  • #6,899
  • May 17, 2010 12:23am May 17, 2010 12:23am
Quoting wormboy
my sake bud!
lol... nice one bro! sake's on me


watching GY 133.3 channel utl, break north, in for long. bounce for the short.

DPP neckline cross at the 1H 50ema first topside target. atm S1 133.1 holding price in check. taking it slow today, had a big weekend
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  • #6,900
  • May 17, 2010 1:19am May 17, 2010 1:19am
Will look to hold the remaining positions till at least the d1 close later after previous h4 closed an inside bar.
4650 is likeliest first target level. Time will tell.
Good luck.

Catch y'all at london close. Need to sleep, high fever is a bitch. Later!
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Thank You
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