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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #8,141
  • Aug 17, 2010 3:07am Aug 17, 2010 3:07am
Hi bro! Hope you're pippin fine! On my charts GU is tackling a flag/wedge. Would be grateful to know your view and how you deal with the set-up. Take care!
Attached Image (click to enlarge)
Click to Enlarge Name: 011-5m-2.gif Size: 41 KB
  • #8,142
  • Aug 17, 2010 6:18am Aug 17, 2010 6:18am
Quoting KwAAkS
Thank you... means a lot to me...
Most practical things i know about forex i learned from your thread. Mostly only watching your thread and try to understand what you are doing.
i stoped losing money since and become more confident in what i am doing.

keep up good work, i hope i will be able to thank you and buy you a beer some day...
cheers mate, absolutely great to know that I was able to help in a way, since I don't teach at all!
Ditto, keep up the good work as well. And feel free to post your analysis whenever you feel like doing so.

Have a good one.
Thank You
  • #8,143
  • Aug 17, 2010 6:23am Aug 17, 2010 6:23am
Quoting uraceulose
search is your friend. here's where he talked about it...check out the following posts after this one
cheers for finding that post donnie

Quoting c2v4l
Hello,

Have few questions for you.

1. I read somewhere that you do trade using Ipad/Iphone/Ipod touch? How does that work?
2. Seems to me you're trading longer term. In a week, in average, how many trade you usually enter (n close)?
hi

1. I use fxcm's ts2 as mentioned by donnie earlier.
2. Not really. I trade long term & I scalp as well. Just at the moment I am stuck with trading the longer setup as I am busy elsewhere. I average about 20 trades/week.
Thank You
  • #8,144
  • Aug 17, 2010 6:26am Aug 17, 2010 6:26am
Quoting AnonYmos
Hi bro! Hope you're pippin fine! On my charts GU is tackling a flag/wedge. Would be grateful to know your view and how you deal with the set-up. Take care!
hi anonymous. I'm okay, hope you're good.
That's not a wedge. I'm still selling, no change of plans.
Thank You
  • #8,145
  • Aug 17, 2010 10:11am Aug 17, 2010 10:11am
Quoting wormboy
GBPUSD

1. short @5579 sl @5800 (1.0)
Stop amended.

GBPUSD

1. short @5579 sl @5760 (1.0)


Looks like the breakout south is looming with the H&S possibly forming.
A decisive break & clear off 5550 will send cable tumbling.
Let's see how this goes.
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 26 KB
Thank You
  • #8,146
  • Aug 18, 2010 3:43am Aug 18, 2010 3:43am
Quoting wormboy
Stop amended.

GBPUSD

1. short @5579 sl @5760 (1.0)


Looks like the breakout south is looming with the H&S possibly forming.
A decisive break & clear off 5550 will send cable tumbling.
Let's see how this goes.
Added.

GBPUSD

1. short @5579 sl @5760 (1.0)
2. short @5616 sl @5760 (0.2)
Thank You
  • #8,147
  • Aug 18, 2010 3:49am Aug 18, 2010 3:49am
Quoting wormboy
Added.

GBPUSD

1. short @5579 sl @5760 (1.0)
2. short @5616 sl @5760 (0.2)
Ramadhan Mubarak Bro

Nicely executed as usual no trades on the guppy?
Raza
  • #8,148
  • Aug 18, 2010 3:52am Aug 18, 2010 3:52am
Quoting shr5
Ramadhan Mubarak Bro

Nicely executed as usual no trades on the guppy?
you too brother

No trades on gy. Been busy helping out my wife with her new business, so having less time to monitor trades. I just log on to check on my trade & leaving shortly. Need to buy food to break fast in a while. Catch you later at London close.

Good luck!
Thank You
  • #8,149
  • Aug 18, 2010 9:20am Aug 18, 2010 9:20am
Quoting wormboy
you too brother

No trades on gy. Been busy helping out my wife with her new business, so having less time to monitor trades. I just log on to check on my trade & leaving shortly. Need to buy food to break fast in a while. Catch you later at London close.

Good luck!

did u reload u/cad longs today ?
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #8,150
  • Aug 18, 2010 6:23pm Aug 18, 2010 6:23pm
Quoting djambazov84
did u reload u/cad longs today ?
nah mate. there was no reason for me to do so.
If you remember the working chart for my ucad trades I took off the D1 about a week ago, yesterday's price opened underside of the long standing ltl & supp/res level. Immediate trend is back to bearish on this pair tho overall it's just in this big range.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: uc2.gif Size: 22 KB
Click to Enlarge Name: uc3.gif Size: 24 KB
Thank You
  • #8,151
  • Aug 18, 2010 6:29pm Aug 18, 2010 6:29pm
Quoting wormboy
Added.

GBPUSD

1. short @5579 sl @5760 (1.0)
2. short @5616 sl @5760 (0.2)
Stops amended.

GBPUSD

1. short @5579 sl @5740 (1.0)
2. short @5616 sl @5613 (0.2)
Thank You
  • #8,152
  • Aug 18, 2010 6:32pm Aug 18, 2010 6:32pm
Quoting wormboy
nah mate. there was no reason for me to do so.
If you remember the working chart for my ucad trades I took off the D1 about a week ago, yesterday's price opened underside of the long standing ltl & supp/res level. Immediate trend is back to bearish on this pair tho overall it's just in this big range.
bro what is your plan for GU short when you book some profit in it??are you still sure that we can see 5420 level?? i am also short with you since past 3 days and hopeful today it could dive down we are in bearish pattern since past 3 days..

Ub
  • #8,153
  • Aug 18, 2010 6:37pm Aug 18, 2010 6:37pm
Quoting ubaidahsan
bro what is your plan for GU short when you book some profit in it??are you still sure that we can see 5420 level?? i am also short with you since past 3 days and hopeful today it could dive down we are in bearish pattern since past 3 days..

Ub
wouldn't say it's a sure thing. it's a game of probabilities brother and going by the bearish formations on the W1, the D1 & the failure to clear the W1 pvp so far, I'd say the probability of cable test 420 is pretty high.
You should cover your positions if you're not comfortable with holding the trades ub. I am working within my comfort levels with these trades, so it's really not an issue of me needing to cover too early or not doing it at all.
Thank You
  • #8,154
  • Aug 18, 2010 6:44pm Aug 18, 2010 6:44pm
Quoting wormboy
wouldn't say it's a sure thing. it's a game of probabilities brother and going by the bearish formations on the W1, the D1 & the failure to clear the W1 pvp so far, I'd say the probability of cable test 420 is pretty high.
You should cover your positions if you're not comfortable with holding the trades ub. I am working within my comfort levels with these trades, so it's really not an issue of me needing to cover too early or not doing it at all.
off course bro its a probabilities game i do agree sorry for wrong type i also can see your levels that is why holding my positions because i can see its a clear picture that its playing in range of Weekly PVP and Weekly S1 which is not tested yet but since its rejecting again and again from Near Weekly Pvp so there is high chance that we may see 5450-80 before go up

Ub
  • #8,155
  • Aug 18, 2010 6:51pm Aug 18, 2010 6:51pm
Quoting wormboy
Stops amended.

GBPUSD

1. short @5579 sl @5740 (1.0)
2. short @5616 sl @5613 (0.2)
Closed partial

GBPUSD

2. short @5616 closed @5569 (0.2)

Remaining trade unchanged

GBPUSD

1. short @5579 sl @5740 (1.0)
Thank You
  • #8,156
  • Aug 18, 2010 6:52pm Aug 18, 2010 6:52pm
Quoting ubaidahsan
off course bro its a probabilities game i do agree sorry for wrong type i also can see your levels that is why holding my positions because i can see its a clear picture that its playing in range of Weekly PVP and Weekly S1 which is not tested yet but since its rejecting again and again from Near Weekly Pvp so there is high chance that we may see 5450-80 before go up

Ub
5420 is the monthly pvp
Thank You
  • #8,157
  • Aug 19, 2010 3:50am Aug 19, 2010 3:50am
Quoting wormboy
Closed partial

GBPUSD

2. short @5616 closed @5569 (0.2)

Remaining trade unchanged

GBPUSD

1. short @5579 sl @5740 (1.0)

Added.

GBPUSD

1. short @5579 sl @5740 (1.0)
2. short @5623 sl @5740 (0.2)
Thank You
  • #8,158
  • Aug 19, 2010 3:58am Aug 19, 2010 3:58am
there was a huge spike up north. wonder why u r still shorting it again?
skyped u but no response. care to explain?
=)
  • #8,159
  • Aug 19, 2010 4:12am Aug 19, 2010 4:12am
Quoting herzog21
there was a huge spike up north. wonder why u r still shorting it again?
skyped u but no response. care to explain?
=)
Positive outcome on GBP Retail Sales m/m
  • #8,160
  • Aug 19, 2010 7:40am Aug 19, 2010 7:40am
Ucad

1. long @1.0296 sl @1.0235 (0.5)
Thank You
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