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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #6,921
  • May 18, 2010 10:35am May 18, 2010 10:35am
EurUsd

1. long @2308 sl @2215 (0.2)
Thank You
  • #6,922
  • May 18, 2010 10:48am May 18, 2010 10:48am
Quoting wormboy
EurUsd

1. long @2308 sl @2215 (0.2)
What makes you think this will reverse?
  • #6,923
  • May 18, 2010 12:11pm May 18, 2010 12:11pm
Quoting wormboy
EurUsd

1. long @2308 sl @2215 (0.2)

Trade stopped out.

EurUsd

1. long @2308 stopped @2215 (0.2)
Thank You
  • #6,924
  • May 18, 2010 12:12pm May 18, 2010 12:12pm
Quoting AnonYmos
What makes you think this will reverse?
Guess that answers your question
I got that trade completely wrong.
Thank You
  • #6,925
  • May 18, 2010 12:25pm May 18, 2010 12:25pm
That 90 level looks very real now.
Attached Image (click to enlarge)
Click to Enlarge Name: dxw.gif Size: 28 KB
Thank You
  • #6,926
  • May 18, 2010 12:27pm May 18, 2010 12:27pm
Thank you so much for that chart WB!! Sorry I haven't posted much in here lately, I'm gonna start posting more charts in here...you guys are cool lol

Donnie
  • #6,927
  • May 18, 2010 12:28pm May 18, 2010 12:28pm
Attached Image (click to enlarge)
Click to Enlarge Name: mightydollar.jpg Size: 47 KB
Thank You
  • #6,928
  • May 18, 2010 12:34pm May 18, 2010 12:34pm
Quoting uraceulose
Thank you so much for that chart WB!! Sorry I haven't posted much in here lately, I'm gonna start posting more charts in here...you guys are cool lol

Donnie

You're welcome donnie. Hope you are well my friend

That's my working chart for the dx. I posted it originally late last year:
1. http://www.forexfactory.com/showpost...postcount=3633

Sold eu from the top of the mountain @1.5 and only held for 1200 pips.
Looking back at the dx, shudda held to that short!
Thank You
  • #6,929
  • May 18, 2010 3:17pm May 18, 2010 3:17pm
Quoting wormboy
You're welcome donnie. Hope you are well my friend

That's my working chart for the dx. I posted it originally late last year:
1. http://www.forexfactory.com/showpost...postcount=3633

Sold eu from the top of the mountain @1.5 and only held for 1200 pips.
Looking back at the dx, shudda held to that short!
Wormie,
what's your Long term view ? You think EU (1.2) and GU ( 1.4) will reverse from those points or further down ? usually around Christmas USD starts getting stronger but we have 6 more months for that until then ?

i am trying to go long term, that suits me ...stress free trading and adding positions will give big rewards.
  • #6,930
  • May 19, 2010 12:17am May 19, 2010 12:17am
Hi Azim. What is your thought process behind the GU swing trade today? I couldn't work it out from your daily chart. Was it based on DX approaching resistance level or a reversal formation?
  • #6,931
  • May 19, 2010 1:13am May 19, 2010 1:13am
Hi mate! How's life? Seeing any bottoms for euro or pound? I don't. Looks like the proverbial falling knife. Still got one half pos open in each GU and EU. Have a great day!
  • #6,932
  • May 19, 2010 1:44am May 19, 2010 1:44am
Quoting uksnowman
Hi Azim. What is your thought process behind the GU swing trade today? I couldn't work it out from your daily chart. Was it based on DX approaching resistance level or a reversal formation?

Hi rich,

it's the divergence. no reversal in sight if the d1 is to go by tho earlier indication showed price had obeyed the level.
Thank You
  • #6,933
  • May 19, 2010 1:52am May 19, 2010 1:52am
Quoting AnonYmos
Hi mate! How's life? Seeing any bottoms for euro or pound? I don't. Looks like the proverbial falling knife. Still got one half pos open in each GU and EU. Have a great day!
hi .. life's great. hope yours is too.

I do, I didn't actually buy for shit & giggles
Anyway, that trade are long term positioning/low risk involved, in this case $5/pip trade.
Don't forget I trade fulltime, therefore I daytrade as well. So, a bit of drawdown does not bother me.
Been scalping the m1 on full lots since Asia open, buying & selling.
A little over $1000 so far & counting

Have a good one
Attached Image (click to enlarge)
Click to Enlarge Name: gum1a.png Size: 43 KB
Thank You
  • #6,934
  • May 19, 2010 2:01am May 19, 2010 2:01am
Quoting wormboy
hi .. life's great. hope yours is too.

I do, I didn't actually buy for shit & giggles
Anyway, that trade are long term positioning/low risk involved, in this case $5/pip trade.
Don't forget I trade fulltime, therefore I daytrade as well. So, a bit of drawdown does not bother me.
Been scalping the m1 on full lots since Asia open, buying & selling.
A little over $1000 so far & counting

Have a good one
Duly noted, bro. As usual. Learning loads from you. Sometimes your charts are difficult to read. Do the figures on the last one have any meaning?

As for your $1000: congrats, naturally, but may I humbly remind you that (1) you already reached your target for this year (2) you only want to trade commoditiy related currencies after UK elections in a laid back manner coz of (1) and (3) you taught me, at the end of the day, it's all mental and I should give up being so greedy.
  • #6,935
  • May 19, 2010 2:12am May 19, 2010 2:12am
Quoting AnonYmos
Duly noted, bro. As usual. Learning loads from you. Sometimes your charts are difficult to read. Do the figures on the last one have any meaning?

As for your $1000: congrats, naturally, but may I humbly remind you that (1) you already reached your target for this year (2) you only want to trade commoditiy related currencies after UK elections in a laid back manner coz of (1) and (3) you taught me, at the end of the day, it's all mental and I should give up being so greedy.

The figures are closed positions in pip amounts.

Thanks for the reminder brother. Much appreciated.
I've only been risking half of what I've gained this month. But you are right, I should quit while ahead, it's easy to get carried away, especially when you're having an outstanding month.
My current cable trade (long) should be the last remaining trade for this month.
Another positive month for me (8% profit). I must thank you again for reminding me, I did mention at the beginning of the month I'd be aiming for 1%-2%. So I've surpassed that target by some distance already. Time for my time off. Thanks again!
Thank You
  • #6,936
  • May 19, 2010 2:25am May 19, 2010 2:25am
Quoting wormboy
The figures are closed positions in pip amounts.

Thanks for the reminder brother. Much appreciated.
I've only been risking half of what I've gained this month. But you are right, I should quit while ahead, it's easy to get carried away, especially when you're having an outstanding month.
My current cable trade (long) should be the last remaining trade for this month.
Another positive month for me (8% profit). I must thank you again for reminding me, I did mention at the beginning of the month I'd be aiming for 1%-2%. So I've surpassed that target...
Seems I forgot something - what are we gonna do here without you?!?
  • #6,937
  • May 19, 2010 2:28am May 19, 2010 2:28am
Quoting wormboy
hi .. life's great. hope yours is too.

I do, I didn't actually buy for shit & giggles
Anyway, that trade are long term positioning/low risk involved, in this case $5/pip trade.
Don't forget I trade fulltime, therefore I daytrade as well. So, a bit of drawdown does not bother me.
Been scalping the m1 on full lots since Asia open, buying & selling.
A little over $1000 so far & counting

Have a good one
well done broo ..in M1 how do you trade and whats your Tp of trades??

Ub
  • #6,938
  • May 19, 2010 2:57am May 19, 2010 2:57am
Quoting wormboy
hi .. life's great. hope yours is too.

I do, I didn't actually buy for shit & giggles
Anyway, that trade are long term positioning/low risk involved, in this case $5/pip trade.
Don't forget I trade fulltime, therefore I daytrade as well. So, a bit of drawdown does not bother me.
Been scalping the m1 on full lots since Asia open, buying & selling.
A little over $1000 so far & counting

Have a good one
That made me smile, Azim!

All the best, my friend.

Paul
  • #6,939
  • May 19, 2010 2:57am May 19, 2010 2:57am
Quoting wormboy
hi .. life's great. hope yours is too.

I do, I didn't actually buy for shit & giggles
Anyway, that trade are long term positioning/low risk involved, in this case $5/pip trade.
Don't forget I trade fulltime, therefore I daytrade as well. So, a bit of drawdown does not bother me.
Been scalping the m1 on full lots since Asia open, buying & selling.
A little over $1000 so far & counting

Have a good one
Nice trading day WB, sometimes i scalp, not full lot and not on M1, but what kind of pair do you scalping (scalping only on asian and London session ?), also do you use trendline on M1 ?
Thanks for your answer.
Trade with the momentum
  • #6,940
  • May 19, 2010 5:29am May 19, 2010 5:29am
Quoting gammase1
That made me smile, Azim!

All the best, my friend.

Paul

Paul!

lol .. was just joking ard mate. How you be? Hope everything is going great!
Thank You
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