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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #8,701
  • Oct 20, 2010 3:51am Oct 20, 2010 3:51am
Quoting wormboy
GBPUSD

1. long @5738 sl @5640 (1.0)

Trade closed.

GBPUSD

1. long @5738 closed @5712 (1.0)
Thank You
  • #8,702
  • Oct 20, 2010 3:52am Oct 20, 2010 3:52am
GBPUSD

1. short @5719 sl @5760 (1.0)
Thank You
  • #8,703
  • Oct 20, 2010 4:02am Oct 20, 2010 4:02am
Quoting wormboy
GBPUSD

1. short @5719 sl @5760 (1.0)
wow what a crazy PA our long decision was correct i think

Ub
  • #8,704
  • Oct 20, 2010 4:11am Oct 20, 2010 4:11am
I see some inverted H&S ... the spike that was before was because of a news... it quickly went down 50 pips and then up.

If triggered we should get around 80 pips up.
I don't want a job, i want money!
  • #8,705
  • Oct 20, 2010 4:18am Oct 20, 2010 4:18am
Quoting wormboy
gbpusd

1. Short @5719 sl @5760 (1.0)
hi mate....is that a scalp trade??? Ucad and dollar index showing pins lower.. You just scared me out of a long... I will sit and watch,, and learn...
And when you get home, where ever that is, how about posting your scalp trades, if only for a day or two.. Would be great to see what you are seeing , even if only a few minutes behind...
I dont know what i am learning from you,, but my account seems to be slowly growing....
Graham.
  • #8,706
  • Oct 20, 2010 4:29am Oct 20, 2010 4:29am
I'm sure you guys are aware but there is some big news coming out at 12.30 and this could impact the pound - think I would wait till the dust settles.
  • #8,707
  • Oct 20, 2010 4:29am Oct 20, 2010 4:29am
Quoting ubaidahsan
wow what a crazy PA our long decision was correct i think

Ub
it wasn't that crazy ub, just normal news reaction
Thank You
  • #8,708
  • Oct 20, 2010 4:36am Oct 20, 2010 4:36am
Quoting Janegra
hi mate....is that a scalp trade??? Ucad and dollar index showing pins lower.. You just scared me out of a long... I will sit and watch,, and learn...
And when you get home, where ever that is, how about posting your scalp trades, if only for a day or two.. Would be great to see what you are seeing , even if only a few minutes behind...
I dont know what i am learning from you,, but my account seems to be slowly growing....
Graham.
hi graham, no mate not scalp.
I'll post the scalp charts if you're interested. I don't normally post them because the talking point are usually after the fact, it does not benefit anyone i feel. Everything looks good after the fact. That's why I only post trade calls that I'd normally feel that I'm going to hold longer in this thread.
Anyway, I'll try to post them. I did post one up yesterday here
but I cleaned up the trendlines on that chart at time of posting.

hope you have a great day.
Thank You
  • #8,709
  • Oct 20, 2010 4:37am Oct 20, 2010 4:37am
Quoting stewrigh
I'm sure you guys are aware but there is some big news coming out at 12.30 and this could impact the pound - think I would wait till the dust settles.
thanks stew
Thank You
  • #8,710
  • Oct 20, 2010 4:48am Oct 20, 2010 4:48am
Quoting wormboy
thanks stew
hi mate, im holding long from 1.5677.. Do u see the head and shoulder reverse pattern on H1?

Anyway i'm out @ 1.5742. I cant nurse my trade right now.. Feel unsafe on daily. Good Luck to u. I will look into short once i'm free..
  • #8,711
  • Oct 20, 2010 4:51am Oct 20, 2010 4:51am
Quoting Janegra
dollar index showing pins lower.. .
re usdx.

keep in mind the daily closed almost a marubozu like. I won't bet against the dollar just yet, unless of course if you're just scalping.
Thank You
  • #8,712
  • Oct 20, 2010 4:55am Oct 20, 2010 4:55am
Quoting wormboy
hi graham, no mate not scalp.
I'll post the scalp charts if you're interested. I don't normally post them because the talking point are usually after the fact, it does not benefit anyone i feel. Everything looks good after the fact. That's why I only post trade calls that I'd normally feel that I'm going to hold longer in this thread.
Anyway, I'll try to post them. I did post one up yesterday here
but I cleaned up the trendlines on that chart at time of posting.

hope...
Hi,

I would be very happy if you could post some scalp charts sometimes if possible with trendlines. And if you will have some time could you please share your SL and TP system with scalping. I tried some scalping but not much success till now.
I hope i am not asking too much...

Thank you,

btw: amazing trading from you... after 1 year of reading FF i can honestly say you are by far best trader here...
  • #8,713
  • Oct 20, 2010 5:00am Oct 20, 2010 5:00am
Quoting mloistianto
hi mate, im holding long from 1.5677.. Do u see the head and shoulder reverse pattern on H1?

Anyway i'm out @ 1.5742. I cant nurse my trade right now.. Feel unsafe on daily. Good Luck to u. I will look into short once i'm free..
hi m

that's not an ideal inverse H&S for me mate.
yes the daily close yesterday looks spooky to be dealing longs right now. catch you later

p/s : i just saw your request for the auto pivot indicator. I will post it up here later.
Thank You
  • #8,714
  • Oct 20, 2010 5:08am Oct 20, 2010 5:08am
Quoting wormboy
re usdx.

Keep in mind the daily closed almost a marubozu like. I won't bet against the dollar just yet, unless of course if you're just scalping.
thanks mate,,
yep. That is what i can learn from..
Maybe i try too hard to catch the top or bottom...
But you make the money without needing to do that..
Now, if only i can unlearn that habit...
But i am learning to keep my stoploss futher away..
Please keep the thoughts coming..
Graham
  • #8,715
  • Oct 20, 2010 5:12am Oct 20, 2010 5:12am
Quoting KwAAkS
Hi,

I would be very happy if you could post some scalp charts sometimes if possible with trendlines. And if you will have some time could you please share your SL and TP system with scalping. .
hi kwaaks

I don't mind posting, if you don't mind seeing trades that had gone by. I cannot post scalp calls/charts real time because they need to be attended to and my posting here will result me in losing focus. I hope you understand.
Thank You
  • #8,716
  • Oct 20, 2010 5:25am Oct 20, 2010 5:25am
Here are the latest scalps I took post news release. The two positions taken had produced 36 pips profit traded using basic support resistance levels on the m1. I don't use candles when scalping, hence the bar chart.
Feel free to ask if you need to.

By the way, these levels are still valid. Hope it helps.
Attached Image (click to enlarge)
Click to Enlarge Name: scalp.png Size: 40 KB
Thank You
  • #8,717
  • Oct 20, 2010 5:42am Oct 20, 2010 5:42am
Quoting Janegra
thanks mate,,
yep. That is what i can learn from..
Maybe i try too hard to catch the top or bottom...
But you make the money without needing to do that..
Now, if only i can unlearn that habit...
But i am learning to keep my stoploss futher away..
Please keep the thoughts coming..
Graham

It just needs practise graham, regardless of the approach. I owe whatever minute success I have trading the markets up till now to practises. Like I said before, most people won't see positive results because they keep flip flopping between systems without even mastering one. Don't fall into that trap my friend & you will be okay

Have a good one mate, cheers
Thank You
  • #8,718
  • Oct 20, 2010 6:38am Oct 20, 2010 6:38am
Quoting wormboy
GBPUSD

1. short @5719 sl @5760 (1.0)

Trade closed.

GBPUSD

1. short @5719 closed @5715 (1.0)
Thank You
  • #8,719
  • Oct 20, 2010 6:55am Oct 20, 2010 6:55am
Quoting wormboy
Trade closed.

GBPUSD

1. short @5719 closed @5715 (1.0)
Good call.. Now i guess that H&S looks a little bit better.

Lets wait for the next call..
  • #8,720
  • Oct 20, 2010 7:11am Oct 20, 2010 7:11am
Quoting wormboy
hi kwaaks

I don't mind posting, if you don't mind seeing trades that had gone by. I cannot post scalp calls/charts real time because they need to be attended to and my posting here will result me in losing focus. I hope you understand.
Hi,

No i do not mind if you are posting trades that had gone by. I am not trading your calls, i just want to understand and learn why...
While i was typeing few questions watching your chart i already found answer to those questions in the chart.
In past i was probably been to greedy and try to scalp both ways.
If i undersand right you are only taking trades from "Prenews resistance"(1.5750) to "minor sup/res"(1.5723) and probably SL 1.5755 to 1.5760.
As i write this another scalp was to be taken from the S/R you put on chart

Thanks for the attached chart.
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