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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #8,041
  • Aug 5, 2010 10:35am Aug 5, 2010 10:35am
Quoting sailor68
Same way since 2 days hope this time it will break the WP
yup, saw a bit of life there that w1 pvp was really challenged earlier. seems to back off a bit now. Hopefully they'll take her down a bit for us to book some
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  • #8,042
  • Aug 5, 2010 11:11am Aug 5, 2010 11:11am
Quoting wormboy
okay guys.
I'll keep the short position as the previously bearish close on my H4 signals the tower top formation is complete & that short setup has a higher probability trade atm.
Outta here, good luck everyone
okay still free ride.
No issues in keeping the remaining short position open as the tower top is still intact. Will be back later to see if the D1 can close 3 outside down. If it does, it'll be a matter of time before the ltl comes under heavy pressure.

Good luck everyone
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 18 KB
Click to Enlarge Name: gu4a.gif Size: 19 KB
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  • #8,043
  • Aug 6, 2010 3:48am Aug 6, 2010 3:48am
did you get that drop?
man it's so good to be able to scalp today. bit excited, excuse. fast $400 bucks for moi.
Attached Image (click to enlarge)
Click to Enlarge Name: gu.png Size: 51 KB
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  • #8,044
  • Aug 6, 2010 4:26am Aug 6, 2010 4:26am
Quoting wormboy
okay still free ride.
No issues in keeping the remaining short position open as the tower top is still intact. Will be back later to see if the D1 can close 3 outside down. If it does, it'll be a matter of time before the ltl comes under heavy pressure.

Good luck everyone
the ltl is currently being pressured, tho the previous W1 res level sits immediately right below this. Don't think this level will go before nfp, so unless you're still holding some positions from the very top (like I am ) & you're in late for the short ride, might want to take the money & run, or at least lock some of it. just a thought.

good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 22 KB
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  • #8,045
  • Aug 6, 2010 7:41am Aug 6, 2010 7:41am
Quoting wormboy
GBPJPY

1. short @136.38 sl @138.00 (0.2)
Trade closed.

GBPJPY

1. short @136.38 closed @135.56 (0.2)
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  • #8,046
  • Aug 6, 2010 7:50am Aug 6, 2010 7:50am
Quoting wormboy
Closed partial

GBPUSD

1. short @5947 closed @5831 (0.1)

Remaining trade unchanged.

GBPUSD

1. short @5947 sl @5930 (0.2)

Remaining trade stopped.

GBPUSD

1. short @5947 stopped @5930 (0.2)
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  • #8,047
  • Aug 6, 2010 8:02am Aug 6, 2010 8:02am
GBPUSD

1. short @5943 sl @5957 (0.5)
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  • #8,048
  • Aug 6, 2010 8:03am Aug 6, 2010 8:03am
Quoting wormboy
GBPUSD

1. short @5943 sl @5957 (0.5)

Stop amended.

GBPUSD

1. short @5943 sl @5941 (0.5)
Thank You
  • #8,049
  • Aug 6, 2010 8:06am Aug 6, 2010 8:06am
Quoting wormboy
Stop amended.

GBPUSD

1. short @5943 sl @5941 (0.5)
woww quick and free trade what is your plan for now?

Ub
  • #8,050
  • Edited 8:48am Aug 6, 2010 8:11am | Edited 8:48am
Quoting wormboy
Stop amended.

GBPUSD

1. short @5943 sl @5941 (0.5)
closed partial

GBPUSD

1. short @5943 closed @5918 (0.2)

Remaining stop amended.

GBPUSD

1. short @5943 sl @5940 (0.3)
Thank You
  • #8,051
  • Aug 6, 2010 8:13am Aug 6, 2010 8:13am
Quoting ubaidahsan
woww quick and free trade what is your plan for now?

Ub
yea, saw some weakness & took it.
the plan now is to hold.
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  • #8,052
  • Aug 6, 2010 8:14am Aug 6, 2010 8:14am
Quoting wormboy
yea, saw some weakness & took it.
the plan now is to hold.
chart
Attached Image (click to enlarge)
Click to Enlarge Name: gu3a.png Size: 31 KB
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  • #8,053
  • Aug 6, 2010 8:48am Aug 6, 2010 8:48am
Quoting wormboy
closed partial

GBPUSD

1. short @5943 closed @5918 (0.2)

Remaining stop amended.

GBPUSD

1. short @5943 sl @5940 (0.3)

Remaining trade stopped.

GBPUSD

1. short @5943 stopped @5940 (0.3)
Thank You
  • #8,054
  • Aug 6, 2010 9:18am Aug 6, 2010 9:18am
GBPUSD

1. short @5995 sl @6080 (0.5)
Thank You
  • #8,055
  • Aug 6, 2010 9:39am Aug 6, 2010 9:39am
Quoting wormboy
GBPUSD

1. short @5995 sl @6080 (0.5)
stop amended.

GBPUSD

1. short @5995 sl @5992 (0.5)
Thank You
  • #8,056
  • Aug 6, 2010 10:32am Aug 6, 2010 10:32am
Quoting wormboy
stop amended.

GBPUSD

1. short @5995 sl @5992 (0.5)
Trade stopped.

GBPUSD

1. short @5995 stopped @5992 (0.5)
Thank You
  • #8,057
  • Aug 6, 2010 1:35pm Aug 6, 2010 1:35pm
alrite, done for the week.
i was asked why i kept selling cable earlier.
I think i did mention a few times in previous posts about how 5970 is a big level.
I don't consider buying below this level as safe. I will only buy once price close above this level. And above this level the next resistance is @6350. A lot of pips to be made once 5970 is cleared, when it clears. it didn't clear yet, so I'm not going to jump the gun. nfp earlier did take her up a bit, let's see if closing price later is anywhere near it.
Chart below shows the importance of 5970 from a different vantage point - a qtrly chart.

enjoy the weekend
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu.png Size: 34 KB
Click to Enlarge Name: gu3.png Size: 36 KB
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  • #8,058
  • Aug 6, 2010 1:41pm Aug 6, 2010 1:41pm
Hi wormie.

Any dragon moves for next week?
  • #8,059
  • Aug 6, 2010 1:59pm Aug 6, 2010 1:59pm
Hi WM,

I wonder whether the next strong upside resistance for cable is the weekly previous swing hi zone shown above...there is a trend line intersecting that zone and at the bottom of it is the 1.618% fib extension of the a-b move @ 6315. Clearly though there has been some post NFP supply @ 60000 - probably a psychological level.

G/L
Attached Image (click to enlarge)
Click to Enlarge Name: z.gif Size: 16 KB
ex member
  • #8,060
  • Aug 6, 2010 2:02pm Aug 6, 2010 2:02pm
WB,
Just wondering why not have stacked some longs before the NFP?
Fibre broke 3300, nice moves on both I thought.
X.

Have a good weekend!
Quoting wormboy
alrite, done for the week.
i was asked why i kept selling cable earlier.

enjoy the weekend
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