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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #8,981
  • Nov 12, 2010 7:44am Nov 12, 2010 7:44am
Quoting wormboy
GBPUSD

1. short @6051 sl @6180 (2.0)
Trade closed.

GBPUSD

1. short @6051 closed @6124 (2.0)

cable's been kicking my ass this whole week. I'm outta here, have a great weekend everyone
Thank You
  • #8,982
  • Nov 12, 2010 12:00pm Nov 12, 2010 12:00pm
I started the week great, shorted EURJPY EURCAD & EURGBP on Sun night, made loads of pips...

Then gave it all back plus some with BAD BAD entries on GBPJPY CADJPY and CHFJPY....the really annoying trade off the week was my 2nd beast short last night, I was up 120 pips on GBPJPY at 7am this morning (that GMT) but didn't take it and I didn't even move my stop I was that cocky!!!! am sick now,
  • #8,983
  • Nov 12, 2010 12:12pm Nov 12, 2010 12:12pm
Quoting RedWine
I started the week great, shorted EURJPY EURCAD & EURGBP on Sun night, made loads of pips...

Then gave it all back plus some with BAD BAD entries on GBPJPY CADJPY and CHFJPY....the really annoying trade off the week was my 2nd beast short last night, I was up 120 pips on GBPJPY at 7am this morning (that GMT) but didn't take it and I didn't even move my stop I was that cocky!!!! am sick now,
yea, overconfidence on our part perhaps.
I've made loads trading the eurusd, only to find myself giving more than 3/4 of what I earned back to cable.
I've just decided that I'm done trading for this year. I already have hit my annual target way back in april & then some. This past 2 weeks I find myself drained by the latest trade results, so I don't intend to make things worse. I was planning to move house after the first week of December when I usually stop trading. Guess I'll move that date sooner now.
Take it easy my friend
Thank You
  • #8,984
  • Nov 12, 2010 12:23pm Nov 12, 2010 12:23pm
Quoting wormboy
yea, overconfidence on our part perhaps.
I've made loads trading the eurusd, only to find myself giving more than 3/4 of what I earned back to cable.
I've just decided that I'm done trading for this year. I already have hit my annual target way back in april & then some. This past 2 weeks I find myself drained by the latest trade results, so I don't intend to make things worse. I was planning to move house after the first week of December when I usually stop trading. Guess I'll move that date sooner now.
Take it easy my friend ...
that being said, I do have one last trade still running from earlier & I will let it run its course. But there wont be any new ones after this trade is done, till January 2011

EurUsd

1. long @1.3734 sl @1.356 tp @1.4425 (3.0)
Thank You
  • #8,985
  • Nov 12, 2010 12:28pm Nov 12, 2010 12:28pm
Oh man moving house is a huge turmoil so you probably correct to stop.

Unlike me who has recently re-started live trading after an 8 week break. I used to trade 2 min beast exclusively, ws a head wreck, mmade an income form it but was so bloody draining, so in July just decided enough is enough. Either quit and get a real job or change something as it was ruining my life, so I stopped live trading and started demo on daily tf.

So far so good (well apart from this shit week) hardest part of daily trading I find is what to do with myself for the other 23 hours of the day, that sounds like a nice complaint but it aint believe me...

Have a good week Worm

C
  • #8,986
  • Nov 12, 2010 7:41pm Nov 12, 2010 7:41pm
Quoting wormboy
that being said, I do have one last trade still running from earlier & I will let it run its course. But there wont be any new ones after this trade is done, till January 2011

EurUsd

1. long @1.3734 sl @1.356 tp @1.4425 (3.0)

bro. trade still on? haha i m long too.. haha. now it depend on whether it will bounce up after hitting 61fib support in the short term up trend, though i feel it's not cfm a reversal yet.

wad's ur sl based on? 50 fib of previous large uptrend?
  • #8,987
  • Nov 12, 2010 7:54pm Nov 12, 2010 7:54pm
Quoting RedWine
I started the week great, shorted EURJPY EURCAD & EURGBP on Sun night, made loads of pips...

Then gave it all back plus some with BAD BAD entries on GBPJPY CADJPY and CHFJPY....the really annoying trade off the week was my 2nd beast short last night, I was up 120 pips on GBPJPY at 7am this morning (that GMT) but didn't take it and I didn't even move my stop I was that cocky!!!! am sick now,
hmm problem with daily is u must deal with the noise/ volatility of the market.. and probably with recent ranging, it's not easy. did u let ur profits run?

anw since u have so much time, why nv even put a sl, where's ur MM?
but u are right about being bored. i know a full time trader gg back to find a job cos he is bored trading daily though he is earning.


anw u can probably can go down to H1 or H4?
  • #8,988
  • Nov 15, 2010 6:18pm Nov 15, 2010 6:18pm
trade stopped


EurUsd

1. long @1.3734 stopped @1.356 (3.0)

welp, that's me done for the year. looks like yoorow and cable are gonna spiral deep.
Anyway, see you guys in January.
Thank You
  • #8,989
  • Nov 16, 2010 1:44am Nov 16, 2010 1:44am
enjoy your time off wormie...

See you
  • #8,990
  • Nov 16, 2010 2:45pm Nov 16, 2010 2:45pm
enjoy your holiday

john
  • #8,991
  • Nov 30, 2010 7:19pm Nov 30, 2010 7:19pm
updated levels.

dp today stands 3 pips apart from the W1 support @3033 & 3036. My position is still flat.

Good luck to all.
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: EURUSDH6a.png Size: 39 KB
Thank You
  • #8,992
  • Nov 30, 2010 7:20pm Nov 30, 2010 7:20pm
Quoting PIP Lover
enjoy your time off wormie...

See you
Quoting desperate
enjoy your holiday

john
thanks guys. hope you are doing great
Thank You
  • #8,993
  • Dec 1, 2010 12:45am Dec 1, 2010 12:45am
updated levels.

chart below is the current level for December & cable is undoubtedly bearish having opened below the monthly pivot. i/d setup atm however is bullish with price being above the dp & the presence of an engulfing pattern. My position atm is flat & will only consider buying once price close above 5583 cleanly. Nearest support atm is the dp @5547.

Good luck.
Attached Image (click to enlarge)
Click to Enlarge Name: gu4.gif Size: 23 KB
Thank You
  • #8,994
  • Dec 1, 2010 10:39am Dec 1, 2010 10:39am
azim, fantastic journal my friend! you're doing some pretty damn good things in here mate!

ok, so my main trading machine is still in the shop getting tweaked so am using the laptop for trading... hmmph, not as much fun as the main setup... anyway, if you're around at some point I'd like to get your take on a few things broker related... maybe skype, but would have to wait 'til I get the machine back.

either way, I'll hit ya up brother!
gabe
  • #8,995
  • Dec 1, 2010 5:44pm Dec 1, 2010 5:44pm
Quoting noblehobo
azim, fantastic journal my friend! you're doing some pretty damn good things in here mate!

ok, so my main trading machine is still in the shop getting tweaked so am using the laptop for trading... hmmph, not as much fun as the main setup... anyway, if you're around at some point I'd like to get your take on a few things broker related... maybe skype, but would have to wait 'til I get the machine back.

either way, I'll hit ya up brother!
gabe
hey gabe good to have you back brother

okay I'll see you on skype, I'll be online this whole week so we can catch up. After that I'm gone, I'll be leaving for a few weeks & my ladyboss had made me promise no internet while we're on holiday except for emails
Have a good one!
Thank You
  • #8,996
  • Dec 2, 2010 6:39am Dec 2, 2010 6:39am
Quoting wormboy
hey gabe good to have you back brother

okay I'll see you on skype, I'll be online this whole week so we can catch up. After that I'm gone, I'll be leaving for a few weeks & my ladyboss had made me promise no internet while we're on holiday except for emails
Have a good one!
ha! I love it... my current one down here in miami rules the roost too... while she's still in the picture that is

I'm gonna send you an FB email as I still don't have my cpu and seems we may miss each other this time around... will send today my friend. wishing you and your family a wonderful holiday azim!
  • #8,997
  • Dec 3, 2010 1:26pm Dec 3, 2010 1:26pm
Quoting wormboy
hey gabe good to have you back brother

okay I'll see you on skype, I'll be online this whole week so we can catch up. After that I'm gone, I'll be leaving for a few weeks & my ladyboss had made me promise no internet while we're on holiday except for emails
Have a good one!
New to your thread, I read the intro and you mentioned trading GJ, past few pages, (month or so) I don't see any GJ calls. Just curious if you still trade it.

Also in your trades you have a (1.0) (2.0) (.5) what's that mean? The % risk per trade?
  • #8,998
  • Dec 3, 2010 8:24pm Dec 3, 2010 8:24pm
Quoting forextine
New to your thread, I read the intro and you mentioned trading GJ, past few pages, (month or so) I don't see any GJ calls. Just curious if you still trade it.

Also in your trades you have a (1.0) (2.0) (.5) what's that mean? The % risk per trade?
i think those number refers to standard lots size
  • #8,999
  • Dec 8, 2010 9:34am Dec 8, 2010 9:34am
Great Thread Wormboy,
I will lurk around here.
Thanks for a great thread.
Regards
Taz
  • #9,000
  • Dec 10, 2010 7:13am Dec 10, 2010 7:13am
Hii Wormie and all .

Wishing you all a happy holidays and a prosperous NEW YEAR 2011 .
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