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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #8,061
  • Aug 7, 2010 3:22pm Aug 7, 2010 3:22pm
Quoting XTrade
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!
hi carlo,

because I was holding multiple shorts from 5942 2 days before nfp. I was already in a good position. nfp move up was nothing more than a spike for me really. at ny close yesterday price came back to my original entry price @5942 .still not out from the range.
I didn't trade fibre tho unfortunately.
Thank You
  • #8,062
  • Aug 8, 2010 8:07pm Aug 8, 2010 8:07pm
UsdCad

1. long @1.0272 sl @1.0100 (1 lot)
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  • #8,063
  • Aug 9, 2010 3:02am Aug 9, 2010 3:02am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Weekly looks interesting, I am also watching this pair wormie, if it's indeed looking to turn tables around. I expect it to retest 1.018xx atleast if not, it's fake.


ta
ams



Quoting wormboy
UsdCad

1. long @1.0272 sl @1.0100 (1 lot)
  • #8,064
  • Aug 9, 2010 3:09am Aug 9, 2010 3:09am
Quoting ams
Weekly looks interesting, I am also watching this pair wormie, if it's indeed looking to turn tables around. I expect it to retest 1.018xx atleast if not, it's fake.


ta
ams
hi ams.

yea it's possible that the pair might turn & retest 1.018 if the ltl holds.
I'm not overly worried tho. Went long on the bullish reversal on the D1, might take a while to play out tho

have a good one
Attached Image (click to enlarge)
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Thank You
  • #8,065
  • Aug 9, 2010 3:17am Aug 9, 2010 3:17am
GBPUSD

1. short @5945 sl @6000 tp @5880 (0.3)
Thank You
  • #8,066
  • Aug 9, 2010 3:42am Aug 9, 2010 3:42am
Quoting wormboy
GBPUSD

1. short @5945 sl @6000 tp @5880 (0.3)

Hey my friend.. i am on the same train as u.. but i am not sure about your S/L .... i have weekly pivot @ 5915 ... so in case that could be a good S/L.. or maybe there will be another tower formation.. that should close @ 5850 ... why ti place TP @ 5880? halfway between these 2 levels?
I don't want a job, i want money!
  • #8,067
  • Aug 9, 2010 9:23am Aug 9, 2010 9:23am
Quoting wormboy
GBPUSD

1. short @5945 sl @6000 tp @5880 (0.3)
market is BS today holding short since morning but its playing in the same area what is next to do bro?Today's pivot is looking hard to break

Ub
  • #8,068
  • Aug 9, 2010 10:57am Aug 9, 2010 10:57am
Quoting wormboy
GBPUSD

1. short @5945 sl @6000 tp @5880 (0.3)

Trade closed.

GBPUSD

1. short @5945 closed @5939 (0.3)
Thank You
  • #8,069
  • Aug 9, 2010 1:08pm Aug 9, 2010 1:08pm
Quoting dario1002
Hey my friend.. i am on the same train as u.. but i am not sure about your S/L .... i have weekly pivot @ 5915 ... so in case that could be a good S/L.. or maybe there will be another tower formation.. that should close @ 5850 ... why ti place TP @ 5880? halfway between these 2 levels?
hi dario.
sorry bout the late reply. I was busy at the office earlier. The answer to your question is on my chart.

Have a good one.
Attached Image (click to enlarge)
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Thank You
  • #8,070
  • Aug 9, 2010 1:17pm Aug 9, 2010 1:17pm
Quoting wormboy
nfp move up was nothing more than a spike for me really. at ny close yesterday price came back to my original entry price @5942 .still not out from the range.
like i said, just a spike. still ranging.
Thank You
  • #8,071
  • Aug 9, 2010 2:11pm Aug 9, 2010 2:11pm
Hi wormboy hope tradings going well.
Just want to know your thoughts on the 16400-16500 area.
looking at the chart below it looks like if we get there we could see a biggish retrace form there.
It has confluenne of 78.6% fib retrace from 03rd aug 2009 high to 17th may 2010 low and pretty much in exactly the same place is the 38.2% fib retrace from 05th nov 2007 high to 19th jan 2009 low. Both fibs about 2pips apart and if we get there with in the next month or so it will coincide with the blue TL on chart.
I'm thinkng of starting doing trades a bit longer term every once in a while when a no brainer comes along and just want to see what you think?
Target if we do retrace from there 15600ish?

Cheers

Reflex
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  • #8,072
  • Aug 9, 2010 4:57pm Aug 9, 2010 4:57pm
Gday wormie good too see your trading firing just see you long USD/CAD and i see bit of a wall to cross in your long trade its a ideal set up for a short to retest the bottom again ...just a observation ..cheers.
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  • #8,073
  • Aug 9, 2010 5:48pm Aug 9, 2010 5:48pm
GBPUSD

1. short @5905 sl @6005 (0.5)
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  • #8,074
  • Aug 9, 2010 7:01pm Aug 9, 2010 7:01pm
Quoting wormboy
GBPUSD

1. short @5905 sl @6005 (0.5)

Trade closed.

GBPUSD

1. short @5905 closed @5883 (0.5)
Thank You
  • #8,075
  • Aug 9, 2010 7:15pm Aug 9, 2010 7:15pm
Quoting wormboy
hi dario.
sorry bout the late reply. I was busy at the office earlier. The answer to your question is on my chart.

Have a good one.
5880 to the pip. so much for the nfp spike. if you went long & held on to it, you got punked.

later
Thank You
  • #8,076
  • Aug 10, 2010 4:41am Aug 10, 2010 4:41am
Quoting reflex
Hi wormboy hope tradings going well.
Just want to know your thoughts on the 16400-16500 area.
looking at the chart below it looks like if we get there we could see a biggish retrace form there.
It has confluenne of 78.6% fib retrace from 03rd aug 2009 high to 17th may 2010 low and pretty much in exactly the same place is the 38.2% fib retrace from 05th nov 2007 high to 19th jan 2009 low. Both fibs about 2pips apart and if we get there with in the next month or so it will coincide with the blue TL on chart.
I'm thinkng of starting doing trades...
hi reflex

I do have 6350 as the next topside level once 5970 gives way. I do say once because I've always stated that cable will see 1.7 again but, not now. A retrace is due & 5970 is a very big level. We have the W1 50%, the monthly R1 & the quarterly resistance at this level. So breaking it is not going to be easy. And seeing how the W1 had opened this week, I do agree that cable is likely to retest 5640 level.

I've attached my W1 working chart below. Hope it helps. Have a good one
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Thank You
  • #8,077
  • Aug 10, 2010 4:42am Aug 10, 2010 4:42am
GBPUSD

1. short @5783 sl @5855 (0.3)
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  • #8,078
  • Aug 10, 2010 4:48am Aug 10, 2010 4:48am
Quoting wormboy
GBPUSD

1. short @5783 sl @5855 (0.3)
chart.
let's see how this goes. good luck.
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  • #8,079
  • Aug 10, 2010 6:23am Aug 10, 2010 6:23am
Quoting wormboy
UsdCad

1. long @1.0272 sl @1.0100 (1 lot)

Closed partial.

UsdCad

1. long @1.0272 closed @1.0339 (0.5)


Remaining stop amended.

UsdCad

1. long @1.0272 sl @1.0275 (0.5)
Thank You
  • #8,080
  • Aug 10, 2010 6:33am Aug 10, 2010 6:33am
Quoting trj6911
Gday wormie good too see your trading firing just see you long USD/CAD and i see bit of a wall to cross in your long trade its a ideal set up for a short to retest the bottom again ...just a observation ..cheers.
trev how's it going my friend.
Yea, I have the same ltl on my chart as well, but not overly worried tho.
Thanks for mentioning it. Hope all is well with you.

Good luck!
Thank You
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