The WoRmHoLe

dario smile, it's going to be a great day
sing this to your woman

bhuahahah i though i was the clown of this thread!!

good luck! keep an eye on cable's m5 bear flag

http://www.netdania.com/Products/liv...Chart.aspx?m=c

click on "instruments" & find usdx. There are others there as well you'll find useful

i see it... just be careful because 5975 is the 50 fibo of the last huge push up (56 till 63)... and as u mentioned yesterday... there is a huge ascending trendline in this area.

EJ by the way seems it's forming an inverted H&S...

GBPUSD

1. long @6054 sl @5945 (1.0)

nice breakout of GU after hitting 50fib of previous upmove.

GBPUSD

1. long @6054 closed @6085 (1.0)

so... damn it! i might have some losing trade but... inverted H&S on ej worked out good, EU's top was @ 3825and then test lows again and for GU, it found some support at those levels, for now!!!!!!

GBPUSD

1. short @6035 sl @6155 (1.0)

Trade closed

GBPUSD

1. short @6035 closed @6094 (1.0)

GBPUSD

1. long @6099 sl @ 5945 (2.0)

Added

GBPUSD

1. long @6099 sl @ 5945 (2.0)
2. long @6122 sl @ 5945 (1.0)

Stop amended.

GBPUSD

1. long @6099 sl @ 5920 (2.0)
2. long @6122 sl @ 5920 (1.0)


Here's why. Let's see how this goes.
Good luck

Ok guys.. here is my view of the day. First of all i have the idea that it won't be an easy day for trading.. but that's just a feeling.

First of all on EU, we are in a very delicate situation. On my charts 3750ish was the line in the sand. when price confirmed under this level, it went down to 33, while being up... it can go up back to 40 and more. so whatever will be from here... it might be big. As for the daily bias.. we are being in a range between 3820 and 3750ish as we were yesterday. again, a breach over 3820 (and 3836 is the weekly s1) could pusth us to 3860 and eventually to 3900 (38.2 fibo of this huge way down), otherwise... deep down, so by the moment i'm staying aside and watching.

As for GU... I agree with azim.. but having a different tolerance to lose.. i will long with him once we successfully break 6180, otherwise will just stay aside and look. we might be in the same range as 2 days ago 6180-6110-6070 (and it scre@@d me 2 days ago).

finally for EJ we are bounching between weekly pvp and monthly pvp, even if it's interesting to note that the upward move of this cross was rather smaller than GJ and UJ, so we might see some upside, just time will tell. Ok guys... here is what i see.

comments are welcome

trade well

personally i prefer mc get side tracked easily.. but even mc public urination is not bad

anyone still selling the eurusd, here's my take.

1. http://www.forexfactory.com/showpost...stcount=324279
2. http://www.forexfactory.com/showpost...stcount=324303

I've stopped selling the pair for now. Good luck.

EurUsd

1. long @3618 sl @3450 (0.5)

Trade closed.


GBPUSD

1. long @6099 closed @6057 (2.0)
2. long @6122 closed @6057 (1.0)

Trade closed

EurUsd

1. long @3618 closed @3626 (0.5)

GBPUSD

1. short @6051 sl @6180 (2.0)