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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #7,681
  • Jul 14, 2010 4:01am Jul 14, 2010 4:01am
Wormie i'am shorting here for good run downside.Good luck all.
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  • #7,682
  • Jul 14, 2010 4:32am Jul 14, 2010 4:32am
Quoting wormboy
I won't be looking to buy beyond asia session's high earlier until price clears 5310. Tho it's still 100 pips away, the risk is far too great for my liking. I am looking to short only for the time being.

Good luck
Hi bro! Hope you're doing fine and making pips. Interesting chart that. Where do you take the asc tl from? On my charts it's by all means crossed it already and is testing the desc tl atm. Cf. attached.
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  • #7,683
  • Jul 14, 2010 8:23am Jul 14, 2010 8:23am
Quoting honeybhi
Wormie i'am shorting here for good run downside.Good luck all.
me too honey. Just watch for the previous range's hi. it's now acting as support.

Good luck
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  • #7,684
  • Jul 14, 2010 8:25am Jul 14, 2010 8:25am
Quoting AnonYmos
Hi bro! Hope you're doing fine and making pips. Interesting chart that. Where do you take the asc tl from? On my charts it's by all means crossed it already and is testing the desc tl atm. Cf. attached.
hey bro

I'm doing well thanks. hope you are too
the asc ltl was taken from the (18th January 2009 lo). Mine was only tested earlier. Was heavily rejected the first time.
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  • #7,685
  • Jul 15, 2010 12:34am Jul 15, 2010 12:34am
Price it currently testing almost the very top of the descending channel.
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  • #7,686
  • Jul 15, 2010 12:35am Jul 15, 2010 12:35am
Quoting wormboy
po triggered.

GBPUSD

1. short @5260 sl @5360 (0.3)

Added.

GBPUSD

1. short @5260 sl @5360 (0.3)
2. short @5283 sl @5360 (1.0)
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  • #7,687
  • Jul 15, 2010 12:53am Jul 15, 2010 12:53am
Quoting wormboy
Added.

GBPUSD

1. short @5260 sl @5360 (0.3)
2. short @5283 sl @5360 (1.0)


Closed partial

GBPUSD

2. short @5283 closed @5254 (0.8)


Remaining trade unchanged

GBPUSD

1. short @5260 sl @5360 (0.3)
2. short @5283 sl @5360 (0.2)
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  • #7,688
  • Jul 15, 2010 6:33am Jul 15, 2010 6:33am
Quoting honeybhi
Wormie i'am shorting here for good run downside.Good luck all.
How are u going Honey.. ?? You still short??
  • #7,689
  • Jul 15, 2010 6:41am Jul 15, 2010 6:41am
Quoting wormboy
Closed partial

GBPUSD

2. short @5283 closed @5254 (0.8)


Remaining trade unchanged

GBPUSD

1. short @5260 sl @5360 (0.3)
2. short @5283 sl @5360 (0.2)

Remaining trade stopped.

GBPUSD

1. short @5260 stopped @5360 (0.3)
2. short @5283 stopped @5360 (0.2)
Thank You
  • #7,690
  • Jul 15, 2010 6:48am Jul 15, 2010 6:48am
Quoting danc
How are u going Honey.. ?? You still short??
yup .Hanging in still .Added more to my pos.
  • #7,691
  • Jul 15, 2010 6:50am Jul 15, 2010 6:50am
Welp, the long standing descending channel is now broken & it's likely that we'll see 1.5640 level first, 1.5970, 1.6350 & eventually the projected 1.7 level in the long run.
However,we're nearing the 3rd weekly resistance level & we'll see what happens there first. If there is weakness, I'll be selling to the next support & be prepared to go long on the first sight of rejection. The weekly close will be interesting.

Good luck everyone
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  • #7,692
  • Jul 15, 2010 6:57am Jul 15, 2010 6:57am
Quoting wormboy
Welp, the long standing descending channel is now broken & it's likely that we'll see 1.5640 level first, 1.5970, 1.6350 & eventually the projected 1.7 level in the long run.
However,we're nearing the 3rd weekly resistance level & we'll see what happens there first. If there is weakness, I'll be selling to the next support & be prepared to go long on the first sight of rejection. The weekly close will be interesting.

Good luck everyone
yup certainly made magix quite
that neckline thing as well is broken
  • #7,693
  • Jul 15, 2010 7:02am Jul 15, 2010 7:02am
Quoting wormboy
Welp, the long standing descending channel is now broken & it's likely that we'll see 1.5640 level first, 1.5970, 1.6350 & eventually the projected 1.7 level in the long run.
However,we're nearing the 3rd weekly resistance level & we'll see what happens there first. If there is weakness, I'll be selling to the next support & be prepared to go long on the first sight of rejection. The weekly close will be interesting.

Good luck everyone
I completely agree with your targets ,but i do expect some retrace before that.Good luck bro.
  • #7,694
  • Jul 15, 2010 7:17am Jul 15, 2010 7:17am
Quoting nAVIN2007
yup certainly made magix quite
that neckline thing as well is broken
lol, great trading bro.
now i wished I never cleared that position from 4247!
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  • #7,695
  • Jul 15, 2010 7:19am Jul 15, 2010 7:19am
Quoting honeybhi
I completely agree with your targets ,but i do expect some retrace before that.Good luck bro.
yes, but keep in mind since the range breakout the retraces had been rather weak. you'd be lucky if you can corner solid 50 pips gain even. And since the W1 channel is now broken, which to me is a big deal, I will not be in a hurry.
Good luck brother
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  • #7,696
  • Jul 15, 2010 7:56am Jul 15, 2010 7:56am
this looks tempting
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  • #7,697
  • Jul 15, 2010 8:08am Jul 15, 2010 8:08am
Quoting wormboy
this looks tempting

2873 on EU is some PPA .... so i would be tempted to go short... but bulls are sooo strong now, maybe it's better to sit and watch for now; it's not worth to jump on longs now, and it's too early to go short with no evidence. How do u think?
I don't want a job, i want money!
  • #7,698
  • Jul 15, 2010 8:09am Jul 15, 2010 8:09am
GBPUSD

1. short @5381 sl @5480 (1.0)
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  • #7,699
  • Jul 15, 2010 8:10am Jul 15, 2010 8:10am
Quoting dario1002
2873 on EU is some PPA .... so i would be tempted to go short... but bulls are sooo strong now, maybe it's better to sit and watch for now; it's not worth to jump on longs now, and it's too early to go short with no evidence. How do u think?

errr ... I just sold cable. how do I answer you?
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  • #7,700
  • Jul 15, 2010 8:33am Jul 15, 2010 8:33am
Quoting wormboy
errr ... I just sold cable. how do I answer you?

Bhuahahaha i sold 5380!!! and EU 2870
I don't want a job, i want money!
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