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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #7,161
  • Jun 10, 2010 4:18am Jun 10, 2010 4:18am
okay, daily high printed & current price is testing yesterday's high & desc utl. Big tussle here atm. Cable also printed the rising three, a continuation pattern.
No shorts atm, unless price close below 4546 level.
Let's see how this goes. Good luck.
Attached Image (click to enlarge)
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  • #7,162
  • Jun 10, 2010 4:25am Jun 10, 2010 4:25am
Here's the new high. Buyers are showing intention. All that is needed now is a close above the desc utl to confirm continuation.
Let's see
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  • #7,163
  • Edited 5:06am Jun 10, 2010 4:50am | Edited 5:06am
Quoting wormboy
Here's the new high. Buyers are showing intention. All that is needed now is a close above the desc utl to confirm continuation.
Let's see



screaming hangover..so not a lot of words today. (I don't drink, but Japanese clients insist on hot sake to close a deal)

noticed this morning I started a trading journal when I got home last night... luckily I could erase the complete gibberish I wrote in it ...lol

If we hit 1.465. ginger ale's on me. if this 4h closes below utl and neckline, downside target looks logical for potential bounce.

not shorting yet, but I have this feeling they're positioning up for a drop. could be wrong, but let's see what happens with unemployment data. EURUSD looks like a big bearflag on the 4H, once/if we test 12110, could drop from there or BO topside. That's my signal for direction.

If we break above the 4H utl and the 4H 200ema, I'm gonna target that nice white dotted neckline up in the 1485 area...

sounds like you have your hands full. hope your family feels better soon.

catch you later bro
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  • #7,164
  • Jun 10, 2010 5:25am Jun 10, 2010 5:25am
Quoting albchr
Sorry to hear about the boss buddy. ...Please give her my best wishes for a FAST recovery.

Yep! Being a dad will keep you hopping for sure.

I'm doing well thanks. I secured the financing I need for trucker school. I start classes on the 21st.
thanks chris

I hope she recovers fast too, taking care of a baby round the clock is hard work! now I know ... lol

Congratulations on the studies bro, it's well deserved after the amount of hardwork you've put thru
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  • #7,165
  • Jun 10, 2010 5:32am Jun 10, 2010 5:32am
Quoting Fudomyo
...
damn! gonna search that thread of yours lol

well, if it's gonna fall hard later, I hope this damn thing gives us a monster spike up so I can take profit. then they can drop it like it's hot I don't mind lol

Thanks for the wish bro, much appreciated
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  • #7,166
  • Jun 10, 2010 5:36am Jun 10, 2010 5:36am
Quoting wormboy
thanks chris

I hope she recovers fast too, taking care of a baby round the clock is hard work! now I know ... lol

Congratulations on the studies bro, it's well deserved after the amount of hardwork you've put thru
Yeah, I can't tell you how thrilled I am at the chance to make a living once again after 2 years! Better yet, the chance to build this trading account into something worth trading...LOL

My trading has improved GREATLY now that I'm not forcing myself to take trades in an attempt to "make a living" off such a small account. I'll keep trading as I go but under the tried and true rule of "less is more".

Whoops, there goes GU better start watching again...LOL
Ghost Rider - WWTBMD?
  • #7,167
  • Edited 8:45am Jun 10, 2010 8:33am | Edited 8:45am
Quoting Fudomyo

If we hit 1.465. ginger ale's on me.
hit 1.4650

EU hit the prior support level 12110 same time. now we see what they really want to do. GU breakout above 1470 opens the gateway north.
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  • #7,168
  • Jun 10, 2010 9:56am Jun 10, 2010 9:56am
Quoting wormboy
Here's the new high. Buyers are showing intention. All that is needed now is a close above the desc utl to confirm continuation.
Let's see

yeeeee
we now have the confirmed close outside the desc utl.
Looks like bullish continuation. 4729 is the next upside target once price clears current resistance.

Good luck
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  • #7,169
  • Jun 10, 2010 9:58am Jun 10, 2010 9:58am
already in the money, tis & the yoorow earlier
too bad this was unlogged, but honestly hope you guys rode her up!
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  • #7,170
  • Jun 10, 2010 10:02am Jun 10, 2010 10:02am
Quoting wormboy
already in the money, tis & the yoorow earlier
too bad this was unlogged, but honestly hope you guys rode her up!

kenyang bro..kenyang.hahahahahha..

  • #7,171
  • Jun 10, 2010 10:55am Jun 10, 2010 10:55am
Quoting wormboy
already in the money, tis & the yoorow earlier
too bad this was unlogged, but honestly hope you guys rode her up!
done for the day. took profit off the table since price is at the 76.4%fe.
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  • #7,172
  • Jun 10, 2010 10:56am Jun 10, 2010 10:56am
Quoting akumelayu
kenyang bro..kenyang.hahahahahha..

burp. sirap satu!
hehehe
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  • #7,173
  • Jun 10, 2010 1:35pm Jun 10, 2010 1:35pm
GBPUSD

1. short @4705 sl @4765 (0.1)

Got more than enough earlier for this to go around
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  • #7,174
  • Jun 10, 2010 1:38pm Jun 10, 2010 1:38pm
Quoting wormboy
GBPUSD

1. short @4705 sl @4765 (0.1)

Got more than enough earlier for this to go around

Reason for short taken
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  • #7,175
  • Jun 10, 2010 8:19pm Jun 10, 2010 8:19pm
Quoting wormboy
GBPUSD

1. short @4705 sl @4765 (0.1)

Got more than enough earlier for this to go around
Morning.
trade target & tp had been adjusted to stop being moved to 4750 with tp being installed 4655.
Not planning to take this trade beyond fo.

Let's see. Good luck


Stop amended & tp installed.

GBPUSD

1. short @4705 sl @4750 tp @4655 (0.1)
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  • #7,176
  • Jun 11, 2010 2:15am Jun 11, 2010 2:15am
Quoting wormboy
Morning.
trade target & tp had been adjusted to stop being moved to 4750 with tp being installed 4655.
Not planning to take this trade beyond fo.

Let's see. Good luck


Stop amended & tp installed.

GBPUSD

1. short @4705 sl @4750 tp @4655 (0.1)
Trade stopped out.

GBPUSD

1. short @4705 stopped @4750 (0.1)
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  • #7,177
  • Jun 11, 2010 2:22am Jun 11, 2010 2:22am
GBPUSD

1. long @4730 sl @4634 (0.2)


First breakout. Let's see if price can sustain above this level.
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  • #7,178
  • Jun 11, 2010 2:27am Jun 11, 2010 2:27am
Quoting wormboy
GBPUSD

1. long @4730 sl @4634 (0.2)


First breakout. Let's see if price can sustain above this level.
Hey Azim... seems that price is trying to test the high of the 2nd June. I am not sure if today we are going higher than this. I am long with you, but ready to reverse at the first good signal, which is a confirm behind 4670 (ltl and S/R line).
Again.. talking like a big guy , just wanted your opinion on this analysis
I don't want a job, i want money!
  • #7,179
  • Jun 11, 2010 2:52am Jun 11, 2010 2:52am
Quoting dario1002
Hey Azim... seems that price is trying to test the high of the 2nd June. I am not sure if today we are going higher than this. I am long with you, but ready to reverse at the first good signal, which is a confirm behind 4670 (ltl and S/R line).
Again.. talking like a big guy , just wanted your opinion on this analysis
hey bro

hehe why are you long if you're not sure we'll see past 4750?
tee hee joking

anyway, 4685 is the w1 resistance and price had brokeout & stayed above, so your decision to reverse if price clear 4670 is a good one as far as I am concerned
let's see what happens. Good luck!
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  • #7,180
  • Jun 11, 2010 2:56am Jun 11, 2010 2:56am
Hi Wormboy,

how do you use the pivot levels on your charts? Do you use them to confirm support and resistance levels, for reversal points or take profit. Also, how can I get a copy of that indicator you are using. Thanks.
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