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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #8,181
  • Aug 20, 2010 3:32am Aug 20, 2010 3:32am
look to load small long on GU start first one at 5450 (0.1) and second one at 5440 (0.1), SL below MP, more action soon with the news (CAD)
Trade with the momentum
  • #8,182
  • Aug 20, 2010 4:00am Aug 20, 2010 4:00am
Quoting sailor68
look to load small long on GU start first one at 5450 (0.1) and second one at 5440 (0.1), SL below MP, more action soon with the news (CAD)
don't do it my friend. cable looks to be heading to the monthly pvp @420. this move had been almost a week in the making
just a thought ...

i sold again at the pullback.
good luck to you
Thank You
  • #8,183
  • Aug 20, 2010 4:02am Aug 20, 2010 4:02am
  •  samirb
  • | Joined Nov 2009 | Status: Investing is simple, but not easy. | 247 Posts
Quoting samirb
Good day to you ,

weekly bearish gartley still in play plus head and shoulder on 4 hour.
Good day to you,

weekly bearish gartley still in play + head & shoulder + three crows ..

wormy, Is the overall downtrend resume ?

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: weekly gartley.jpg Size: 94 KB
  • #8,184
  • Aug 20, 2010 4:28am Aug 20, 2010 4:28am
Quoting samirb
Good day to you,

weekly bearish gartley still in play + head & shoulder + three crows ..

wormy, Is the overall downtrend resume ?

Regards
looks great from up here innit samir
even so, I am still treating this as a retrace. Nothing more. Here's the same W1 chart I've been using for over a year now, I think some of you recognise this chart. As you can see overall trend is still bullish & for as long as the ascending ltl holds, that's how I will view the general trend. I do reckon that this retrace will likely test the ltl. So we'll see what happens when price gets there, if say the ltl holds, I will be buying back up, else, trend will go back to bearish.
Attached Image (click to enlarge)
Click to Enlarge Name: guwww.gif Size: 24 KB
Thank You
  • #8,185
  • Aug 20, 2010 4:49am Aug 20, 2010 4:49am
Quoting wormboy
don't do it my friend. cable looks to be heading to the monthly pvp @420. this move had been almost a week in the making
just a thought ...

i sold again at the pullback.
good luck to you
im in already long 5487, stop at be look to go out at 5550 (also let we see NY session)

But im bearish also for this pair, I miss the south ride (because i close my short early this morning), just collect some pips to north
Trade with the momentum
  • #8,186
  • Aug 21, 2010 1:46am Aug 21, 2010 1:46am
Man... i am rather sure that on your last pic i saw some moving average!!!

I am not posting much lately, but i keep watching and following u.

Green pips and good summer to you my friend
I don't want a job, i want money!
  • #8,187
  • Aug 22, 2010 2:26pm Aug 22, 2010 2:26pm
Quoting wormboy
looks great from up here innit samir
even so, I am still treating this as a retrace. Nothing more. Here's the same W1 chart I've been using for over a year now, I think some of you recognise this chart. As you can see overall trend is still bullish & for as long as the ascending ltl holds, that's how I will view the general trend. I do reckon that this retrace will likely test the ltl. So we'll see what happens when price gets there, if say the ltl holds, I will be buying back up, else, trend will go back to bearish.
bro i agree with you but what are your points which will breach so you will change your sentiment?any idea? i am looking expecting downmove till 5420 atleast...

Ub
  • #8,188
  • Aug 22, 2010 7:29pm Aug 22, 2010 7:29pm
GBPUSD

1. short @5572 sl @5740 (1.0)
Thank You
  • #8,189
  • Aug 22, 2010 7:30pm Aug 22, 2010 7:30pm
Quoting wormboy
GBPUSD

1. short @5572 sl @5740 (1.0)
chart
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 27 KB
Thank You
  • #8,190
  • Edited 12:37am Aug 23, 2010 12:25am | Edited 12:37am
morning Wormey liking your consistency short had a bit of a battle friday but resuming short bais and entered short at 1.56005 aiming for major support @ 5440 no news so hoping should get there after NY poss sooner

Good Luck Bud
Cats
Trade what you see never what you think!
  • #8,191
  • Aug 23, 2010 2:37am Aug 23, 2010 2:37am
Quoting wormboy
GBPUSD

1. short @5572 sl @5740 (1.0)

Closed partial

GBPUSD

1. short @5572 closed @5525 (0.5)

Remaining trade unchanged

GBPUSD

1. short @5572 sl @5740 (0.5)
Thank You
  • #8,192
  • Aug 23, 2010 6:17pm Aug 23, 2010 6:17pm
Quoting wormboy
Closed partial

GBPUSD

1. short @5572 closed @5525 (0.5)

Remaining trade unchanged

GBPUSD

1. short @5572 sl @5740 (0.5)

Remaining stop amended.

GBPUSD

1. short @5572 sl @5565 (0.5)
Thank You
  • #8,193
  • Aug 23, 2010 6:19pm Aug 23, 2010 6:19pm
Quoting wormboy
Remaining stop amended.

GBPUSD

1. short @5572 sl @5565 (0.5)
Follow up to yesterday's chart.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 27 KB
Click to Enlarge Name: gu4a.gif Size: 27 KB
Thank You
  • #8,194
  • Aug 23, 2010 6:25pm Aug 23, 2010 6:25pm
Quoting wormboy
Follow up to yesterday's chart.
Hi Azim
As always
great call
keep up
  • #8,195
  • Aug 23, 2010 9:16pm Aug 23, 2010 9:16pm
Quoting wormboy
Remaining stop amended.

GBPUSD

1. short @5572 sl @5565 (0.5)
Closed another partial

GBPUSD

1. short @5572 closed @5428 (0.2)

TP installed for the remaining trade.

GBPUSD

1. short @5572 sl @5565 tp @5240 (0.3)
Thank You
  • #8,196
  • Aug 24, 2010 12:31am Aug 24, 2010 12:31am
Quoting wormboy
Closed another partial

GBPUSD

1. short @5572 closed @5428 (0.2)

TP installed for the remaining trade.

GBPUSD

1. short @5572 sl @5565 tp @5240 (0.3)

Remaining stop amended.

GBPUSD

1. short @5572 sl @5550 tp @5240 (0.3)
Thank You
  • #8,197
  • Aug 24, 2010 12:31am Aug 24, 2010 12:31am
Quoting A 5
Hi Azim
As always
great call
keep up
thanks bro. good luck to you
Thank You
  • #8,198
  • Aug 24, 2010 12:42am Aug 24, 2010 12:42am
  •  samirb
  • | Joined Nov 2009 | Status: Investing is simple, but not easy. | 247 Posts
Good day wormie,

whats your view on this dx daily, inverted head and shoulder... if this neck line broken.. then it will fly..
so in correlation gbpusd will fall..
Good luck in your trades

Regards
Attached Image (click to enlarge)
Click to Enlarge Name: usdx.gif Size: 15 KB
  • #8,199
  • Aug 24, 2010 1:11am Aug 24, 2010 1:11am
TP hit from yesterdays short 5440
Short again today looking for 5318 around support and 600 MA
Trade what you see never what you think!
  • #8,200
  • Aug 24, 2010 1:39am Aug 24, 2010 1:39am
Hi wormboy looks like we are getting close to a real strong support area between 15300 and 15325.
do you reackon that weekly TL and s/r area will be the desider on where we go form here?
theres a lot here as you will know big S/R on weekly chart
the old 38% and 23% fib resistances may become support.
The 38% retrace of the recent big move up.
The TL.

What do you think about this area? Should we be looking out for another bull move from here to the Blue TL wher there is fib confluence at 16450 area.
Also if we do turnaround at the 15300 area the 161% extension of the retrace from 16000 will be at the 16450 area aswell.

Cheers and look forward to hearing what you think.

Sorry if chart isn't clear
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-08-24_0941_001.jpg Size: 160 KB
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