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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #8,281
  • Sep 1, 2010 5:59am Sep 1, 2010 5:59am
Quoting wormboy
Remaining stop amended.

GBPUSD

1. short @5487 sl @5420 (0.3)

Remaining trade stopped.

GBPUSD

1. short @5487 stopped @5420 (0.3)

okay. my position is now flat.
Thank You
  • #8,282
  • Sep 1, 2010 7:18am Sep 1, 2010 7:18am
Quoting samdol
on my H4 chart, 100 SMA is crossing with 200 SMA . Looks like it will go down some more.

Some advise if I may- never use MA crosses to determine the way... MA's are averages, and being that, they are always late in describing the PA.
They will tell you what has happened and cannot be relied upon to predict.
  • #8,283
  • Sep 1, 2010 11:03am Sep 1, 2010 11:03am
CLEAR cut break of 1.58 on GBP/CHF d1.

No one mentioned the strength of CHF lately, and it goes very well with the weakness of the pound.
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  • #8,284
  • Sep 1, 2010 11:25pm Sep 1, 2010 11:25pm
Quoting __UnknowN__
CLEAR cut break of 1.58 on GBP/CHF d1.

No one mentioned the strength of CHF lately, and it goes very well with the weakness of the pound.
MMM very interesting comment.. i have never thought of it before..as a matter of interest do these 2 in your opnion serve well as a lead indicator with the Cable ?? have yet to look but will be.. Would be interested to hear your thoughts on it..Thanks,Notice the low on the UDIndex last night was almost exact PPX sept month..on the first of the month..
  • #8,285
  • Sep 2, 2010 1:03am Sep 2, 2010 1:03am
GBPUSD

1. short @5401 sl @5510 (0.5)
Thank You
  • #8,286
  • Sep 2, 2010 1:34am Sep 2, 2010 1:34am
  •  samirb
  • | Joined Nov 2009 | Status: Investing is simple, but not easy. | 247 Posts
Good day

Bullish Gartley..
i dont think we are breaking 153...

Good luck
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  • #8,287
  • Sep 2, 2010 2:31am Sep 2, 2010 2:31am
previously

1. http://www.forexfactory.com/showpost...postcount=8266
2. http://www.forexfactory.com/showpost...postcount=8278


chart below is the follow up. no sterling strength yet, just dollar weakness.
immediate trend is flat again until one of the two starts opposing.

good luck.
Attached Image (click to enlarge)
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Thank You
  • #8,288
  • Edited 12:20pm Sep 2, 2010 12:19pm | Edited 12:20pm
No, but gbp/chf is a no brainer short at the moment...with regards to mm, proper stop loss, etc. Next support is 1.52...the 2008 low

I didnt understand the rest of your question though.



Quoting danc
MMM very interesting comment.. i have never thought of it before..as a matter of interest do these 2 in your opnion serve well as a lead indicator with the Cable ??
  • #8,289
  • Sep 2, 2010 5:15pm Sep 2, 2010 5:15pm
Quoting wormboy
GBPUSD

1. short @5401 sl @5510 (0.5)

Trade closed.

GBPUSD

1. short @5401 closed @5396 (0.5)
Thank You
  • #8,290
  • Sep 2, 2010 8:01pm Sep 2, 2010 8:01pm
GBPUSD

1. long @5411 sl @5315 (0.3)
Thank You
  • #8,291
  • Sep 2, 2010 10:19pm Sep 2, 2010 10:19pm
Quoting wormboy
gbpusd

1. Long @5411 sl @5315 (0.3)
hi azim,
you have done it to me again. Just when i think i am starting to understand your trading,,you buy below close resistance .???
I have been studying forex for about three years, through jacko, and james 16, but by watching your live trades, i think i am one more step up the ladder.
Thanks mate. Graham
  • #8,292
  • Sep 2, 2010 11:05pm Sep 2, 2010 11:05pm
Quoting Janegra
hi azim,
you have done it to me again. Just when i think i am starting to understand your trading,,you buy below close resistance .???
I have been studying forex for about three years, through jacko, and james 16, but by watching your live trades, i think i am one more step up the ladder.
Thanks mate. Graham
guess you haven't seen jackos thread lately
  • #8,293
  • Sep 2, 2010 11:33pm Sep 2, 2010 11:33pm
Quoting wormboy
previously

1. http://www.forexfactory.com/showpost...postcount=8266
2. http://www.forexfactory.com/showpost...postcount=8278


chart below is the follow up. no sterling strength yet, just dollar weakness.
immediate trend is flat again until one of the two starts opposing.

good luck.
Hi Wb,

i have on my Mt4 platform (Forex Ltd) Usdx Chart but i dont see Gbplfx Chart, do you know where we can get it on a demo account.
Thanks
Trade with the momentum
  • #8,294
  • Sep 2, 2010 11:44pm Sep 2, 2010 11:44pm
Quoting uraceulose
guess you haven't seen jackos thread lately
no mate, but i would expect disintergration...??
You were in his group??
  • #8,295
  • Sep 2, 2010 11:56pm Sep 2, 2010 11:56pm
Quoting Janegra
no mate, but i would expect disintergration...??
You were in his group??
fortunately I wasn't. I feel sorry for all of those that are/were..J16 are solid guys. i've watched every vid
  • #8,296
  • Sep 3, 2010 12:12am Sep 3, 2010 12:12am
Hi guys

I am not in Azim's head but... i favour long as well on cable due to several reasons. Starting from the Weekly S1 that i have @ 5392 + some support area around 5380 and the rejection from LTL that was yesterday when price reached 5350 and went straight back up over 5390.

Now we are testing the HTL in area 542ish. and the next immediate resistence area in my charts are 5455-65 and round number 1.5500 which is even my weekly pivot (1.5504).

The reason for yesterday's short was that the overall trend was down (lower low and lower high) and gblfx + usdx

Well... if you see it differently let me know guys... always interested in different opinions!

Green pips to all!

P.S. Azim... i use to have fun watching how u argued with people on cable thread... and now u are too busy for that?? that's not fair!!!
I don't want a job, i want money!
  • #8,297
  • Sep 3, 2010 12:12am Sep 3, 2010 12:12am
Quoting uraceulose
fortunately i wasn't. I feel sorry for all of those that are/were..j16 are solid guys. I've watched every vid
yeah. Me too, though i am no longer in the pf.
I find azim's live trading a great continuation from j16, but without the noise..
Gu and gbplfx are both approaching resistance. Will tonights nfp lift them through>??
  • #8,298
  • Sep 3, 2010 12:26am Sep 3, 2010 12:26am
Quoting sailor68
Hi Wb,

i have on my Mt4 platform (Forex Ltd) Usdx Chart but i dont see Gbplfx Chart, do you know where we can get it on a demo account.
Thanks
Get it from liteforex.org.

The LFX charts aren't shown by default, so you need to 'show all' in the market watch panel where you select symbols.
  • #8,299
  • Sep 3, 2010 1:23am Sep 3, 2010 1:23am
Quoting daffy
Get it from liteforex.org.

The LFX charts aren't shown by default, so you need to 'show all' in the market watch panel where you select symbols.

Thank u very much for that... i was looking for the gbplfx as well... and there i found the usdlfx.... and here is the question for u guys... what is the difference between usdlfx and usdx?????
I don't want a job, i want money!
  • #8,300
  • Sep 3, 2010 1:45am Sep 3, 2010 1:45am
Quoting dario1002
Thank u very much for that... i was looking for the gbplfx as well... and there i found the usdlfx.... and here is the question for u guys... what is the difference between usdlfx and usdx?????
They both work on the same principle, i.e., it's a basket of weight currencies, just the usdlfx is liteforex's own, so they might use a different weighting, or different currency pairs as part of the calculation.
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