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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #7,341
  • Jun 29, 2010 12:14am Jun 29, 2010 12:14am
shudda traded dragon!
Attached Image (click to enlarge)
Click to Enlarge Name: gy5.gif Size: 22 KB
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  • #7,342
  • Jun 29, 2010 1:15am Jun 29, 2010 1:15am
Quoting wormboy
GBPUSD

1. long @5111 sl @5004 tp @5310 (1.0)

Trade closed.

GBPUSD

1. long @5111 closed @5074 (1.0)
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  • #7,343
  • Jun 29, 2010 1:16am Jun 29, 2010 1:16am
GBPUSD

1. short @5071 sl @5130 (1.0)
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  • #7,344
  • Jun 29, 2010 1:50am Jun 29, 2010 1:50am
Quoting wormboy
GBPUSD

1. short @5071 sl @5130 (1.0)
Hiya...just wanted to know that how many 5 min candles should be closed below pivot for one to go short with a lil lesser risk than usual?

thanks and regards

Ali
Raza
  • #7,345
  • Jun 29, 2010 3:15am Jun 29, 2010 3:15am
Quoting wormboy
GBPUSD

1. short @5071 sl @5130 (1.0)
Closed partial.

GBPUSD

1. short @5071 closed @5022 (0.8)


Remaining stop amended.

GBPUSD

1. short @5071 sl @5065 (0.2)

Earlier loss covered.
Thank You
  • #7,346
  • Jun 29, 2010 3:19am Jun 29, 2010 3:19am
Quoting shr5
Hiya...just wanted to know that how many 5 min candles should be closed below pivot for one to go short with a lil lesser risk than usual?

thanks and regards

Ali
hi ali,

it depends on the situation. In the current trade I took, I only waited for 1 candle clearance. There will be time where you'll need to wait for more confirmation, ie; around confluences.

Good luck.
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  • #7,347
  • Jun 29, 2010 3:58am Jun 29, 2010 3:58am
Nice following your wormboy.
  • #7,348
  • Jun 29, 2010 4:01am Jun 29, 2010 4:01am
Quoting tundeakins
Nice following your wormboy.

thanks mate

been a ho hum day for me. hadn't made any real money yet, just chump change
hope you are trading well my friend.
Thank You
  • #7,349
  • Jun 29, 2010 4:06am Jun 29, 2010 4:06am
Quoting wormboy
thanks mate

been a ho hum day for me. hadn't made any real money yet, just chump change
hope you are trading well my friend.
Salam Azim Bro,

hope you fine and get rid of cp.

you r going good mate... watching your trade call however could not cath even a single one.

good luck to all fellas

Regards
Basit Ata
Enter Signature
  • #7,350
  • Jun 29, 2010 4:07am Jun 29, 2010 4:07am
Quoting wormboy
thanks mate

been a ho hum day for me. hadn't made any real money yet, just chump change
hope you are trading well my friend.

Yeah, I am a bit late today, but will be watching out for your next trade bro. You are doing a worth of $1000 service here and God will surely bless you in return. I will always bee here bro.
  • #7,351
  • Jun 29, 2010 4:27am Jun 29, 2010 4:27am
I think we are seeing cable at a crucial sell level but nobody is seeing it. I'm sure we will not be surprised when this cable hit 1.4500 or below next month. Your views pls?
  • #7,352
  • Jun 29, 2010 4:43am Jun 29, 2010 4:43am
Quoting basitata
Salam Azim Bro,

hope you fine and get rid of cp.

you r going good mate... watching your trade call however could not cath even a single one.

good luck to all fellas

Regards
Basit Ata
wsalam brother,

yes doing better now that the cp has subsided. thank you very much
Good luck with trading!

Quoting tundeakins
Yeah, I am a bit late today, but will be watching out for your next trade bro. You are doing a worth of $1000 service here and God will surely bless you in return. I will always bee here bro.
No services here brother, I share my trades for the sake of sharing in hope all of us might be able to learn something along the way.
Good to have you with us
Thank You
  • #7,353
  • Jun 29, 2010 4:44am Jun 29, 2010 4:44am
Quoting wormboy
Closed partial.

GBPUSD

1. short @5071 closed @5022 (0.8)


Remaining stop amended.

GBPUSD

1. short @5071 sl @5065 (0.2)

Earlier loss covered.
Remaining trade closed.

GBPUSD

1. short @5071 closed @5024 (0.2)
Thank You
  • #7,354
  • Jun 29, 2010 4:46am Jun 29, 2010 4:46am
GBPUSD

1. long @5031 sl @4925 (0.5)
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  • #7,355
  • Jun 29, 2010 4:49am Jun 29, 2010 4:49am
Quoting wormboy
GBPUSD

1. long @5031 sl @4925 (0.5)

Reason for trade taken.

Earlier chart:
1. http://www.forexfactory.com/showpost...postcount=7338


Attached chart is the followup. Shows the ltl retest. Not saying that thing won't drop further, but I'll take the trade off this level first nonetheless.
Let's see how this goes, good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gud.gif Size: 25 KB
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  • #7,356
  • Jun 29, 2010 4:51am Jun 29, 2010 4:51am
Quoting tundeakins
I think we are seeing cable at a crucial sell level but nobody is seeing it. I'm sure we will not be surprised when this cable hit 1.4500 or below next month. Your views pls?
Crucial level yes, not too sure about the sell yet tbh. I for one will be surprised if we see 4500 or below before 5300
But stranger things have happened ..

Good luck my friend.
Thank You
  • #7,357
  • Jun 29, 2010 5:36am Jun 29, 2010 5:36am
Quoting wormboy
GBPUSD

1. long @5031 sl @4925 (0.5)

Closed partial.

GBPUSD

1. long @5031 closed @5071 (0.2)


Remaining trade unchanged.

GBPUSD

1. long @5031 sl @4925 (0.3)
Thank You
  • #7,358
  • Jun 29, 2010 10:00am Jun 29, 2010 10:00am
Quoting wormboy
Closed partial.

GBPUSD

1. long @5031 closed @5071 (0.2)


Remaining trade unchanged.

GBPUSD

1. long @5031 sl @4925 (0.3)

Closed another partial.

GBPUSD

1. long @5031 closed @5060 (0.2)


Remaining stop amended.

GBPUSD

1. long @5031 sl @4960 (0.1)


What a drab. I'm off to bed. Gonna wake up for spain v portugal later.
Chow everyone.
Thank You
  • #7,359
  • Jun 29, 2010 10:33am Jun 29, 2010 10:33am
Quoting wormboy
Reason for trade taken.
Larger target after yesterday's close confirmed Cable's long term trend has flipped from bearish to bullish. High target of 1.7 still stands.
Hi Wormboy im newish to forex and am finding the method i have started to trade really good and will more than likely always trade this way i use vantages method over on the HL/Lh thread and find it profitable.
but i want to start looking at longer term tfs just so I can know when i am trading near key areas ect so i can know to be a bit more carfull when i get near one.
I am going to start following your thread and will probaly have lots of questions if that alright with you?
my 1st question is in the post above what has told you the long term trend had flipped from bearish to bullish?
and what is or does ITL stand for?
probaly simple questions but having never really looked at anything over the 1hour i find it hard to read a daily chart.

Cheers reflex
  • #7,360
  • Jun 29, 2010 12:02pm Jun 29, 2010 12:02pm
I can't believe it ....one lousy free kick.

But the lads but up a hell of a fight, awesome game.

OK.... back to trading. Longs in play. Let's see if we can crack 15100 this time.


catch you tomorrow
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