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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #9,081
  • Jan 24, 2011 10:26am Jan 24, 2011 10:26am
Quoting wormboy
yes I did.

& also another bullish pattern forming as well. Tho keyword is forming. Let's stay nimble till they fully form brother

Yes... even though i feel like having itchy fingers...
I don't want a job, i want money!
  • #9,082
  • Jan 25, 2011 2:39am Jan 25, 2011 2:39am
So guys.. here is my view of the day.

First of all want to say that i got bored of being sacked in fake short signal... so i decided that i will start to keep short positions only at the break of some important levels, either on GU and EU which are respectively 5909 and actually 3622 with at least a 4h close under thos level (or a couple of 4h candles would be better). So basically i will look for a pattern to long on these levels.. even if GU seems just heavily broke some triangle on the downside and by this time already made the whole yesterday range and more (yesterday 93 and today already 99). SL for these position would be respectively below 5960 and 3575.

As usual comments are welcome!
I don't want a job, i want money!
  • #9,083
  • Jan 25, 2011 3:12am Jan 25, 2011 3:12am
Quoting dario1002
So guys.. here is my view of the day.

First of all want to say that i got bored of being sacked in fake short signal... so i decided that i will start to keep short positions only at the break of some important levels, either on GU and EU which are respectively 5909 and actually 3622 with at least a 4h close under thos level (or a couple of 4h candles would be better). So basically i will look for a pattern to long on these levels.. even if GU seems just heavily broke some triangle on the downside and by this time already made the whole yesterday...

Bhuahahah look at these sons of a bitch.. today are going down like rock!
I don't want a job, i want money!
  • #9,084
  • Jan 25, 2011 3:15am Jan 25, 2011 3:15am
i exited my longs yesterday at market close based on hanging man PA on daily chart and reversed to short with SL 20pips above yesterday close.
so far looking good. targets are 1.584 and 1.567 we will see. i am also short EU
Attached Image
  • #9,085
  • Jan 25, 2011 3:20am Jan 25, 2011 3:20am
Quoting KwAAkS
i exited my longs yesterday at market close based on hanging man PA on daily chart and reversed to short with SL 20pips above yesterday close.
so far looking good. targets are 1.584 and 1.567 we will see. i am also short EU
That wis a nice trade!!
I don't want a job, i want money!
  • #9,086
  • Jan 25, 2011 3:26am Jan 25, 2011 3:26am
Quoting dario1002
That wis a nice trade!!
tnx
i already closed some at 1.5907 to cover loss from previous week when i had some losses with shorts on GU
  • #9,087
  • Jan 25, 2011 3:26am Jan 25, 2011 3:26am
and i just shorted on the retest of 3627... aiming for 30 pips and SL 25 pips.. let's see
I don't want a job, i want money!
  • #9,088
  • Jan 25, 2011 3:29am Jan 25, 2011 3:29am
Quoting wormboy
Closed partial

GBPUSD

1. long @5972 closed @6003 (1.0)

Remaining trade unchanged

GBPUSD

1. long @5972 sl @5905 (1.0)
Remaining trade stopped.

GBPUSD

1. long @5972 stopped @5905 (1.0)

unbelievable.
Thank You
  • #9,089
  • Jan 25, 2011 3:32am Jan 25, 2011 3:32am
well okay I take back what I said. Thank fuck I got stopped out
Thank You
  • #9,090
  • Jan 25, 2011 3:32am Jan 25, 2011 3:32am
Quoting KwAAkS
tnx
i already closed some at 1.5907 to cover loss from previous week when i had some losses with shorts on GU

there u go... u got again all your money
I don't want a job, i want money!
  • #9,091
  • Jan 25, 2011 3:38am Jan 25, 2011 3:38am
Quoting dario1002
there u go... u got again all your money

my TP triggered at 1.5840 and i will let the rest run for 1.5670.
after quite a few losses this is by far the best trade i made this year.
  • #9,092
  • Jan 25, 2011 3:53am Jan 25, 2011 3:53am
I am out of my EU short for 25 pips as said before. Will see how it goes from here... I heard that EU is so overpriced because market expect a rise in interest rate. I believe that if that won't be so, we will see a free fall on EU as this one on GU, maybe even more.
I don't want a job, i want money!
  • #9,093
  • Jan 25, 2011 5:00am Jan 25, 2011 5:00am
EURUSD

1. short @3595 sl @3695 (2.0)
Thank You
  • #9,094
  • Jan 25, 2011 5:29am Jan 25, 2011 5:29am
Quoting wormboy
EURUSD

1. short @3595 sl @3695 (2.0)

Again looking at the same thing... but i would like to see some bearflag or something like this forming before putting a short. Anyway 3625 is acting as good SR line... if we don't break it to the upside... probably more downside is coming. Thinking that just this morning i was long biased well... bulls proved to be rather strong lately... so will watch it carefully

have good one mate!

and by the way... i remember some mocking when i lost a trade... couple of months ago ... sicilian blood don't forget
I don't want a job, i want money!
  • #9,095
  • Jan 25, 2011 9:23am Jan 25, 2011 9:23am
Quoting wormboy
EURUSD

1. short @3595 sl @3695 (2.0)
Trade closed.

EURUSD

1. short @3595 closed @3639 (2.0)


flat now. not my day
Thank You
  • #9,096
  • Jan 25, 2011 10:18am Jan 25, 2011 10:18am
Quoting wormboy
Trade closed.

EURUSD

1. short @3595 closed @3639 (2.0)


flat now. not my day
Azim...the WEEK will however, i am sure be YOURS..
I sent a PM a few days back..not sure if you got ???..
take care

baz



EUR_USD Spot.png
Attached Image (click to enlarge)
Click to Enlarge Name: EUR_USD Spot.png Size: 12 KB
  • #9,097
  • Jan 26, 2011 2:30am Jan 26, 2011 2:30am
Quoting baz
Azim...the WEEK will however, i am sure be YOURS..
I sent a PM a few days back..not sure if you got ???..
take care

baz



EUR_USD Spot.png
hi baz long time no see!

The W1 is a bit out of my league my friend I covered some of my losses yesterday buying the eurusd into london close. Still in -ve for the week tho
I haven't check my pm yet, I'll have a look at it in a bit.
Hope all is well, have a great day!

Regards
Thank You
  • #9,098
  • Jan 26, 2011 2:46am Jan 26, 2011 2:46am
Anyhow ... as it is atm I have not taken any trade positions & am flat on all pairs.
I am keeping an eye on the eurusd & it's quite visible from the chart attached that the divergence is looking serious. The fall will be spectacular when that plays out.
However, I'm not gonna get drawn into selling too early because as it is, price is still trading above the ascending subltl the dp so the i/d bias is still bullish. That being said, with the divergence there I won't be building positions & start buying either because I am in the opinion that going long here is weak. But to those who are still holding long from much lower, this is still very comfortable trading atm.
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 28 KB
Thank You
  • #9,099
  • Jan 26, 2011 2:59am Jan 26, 2011 2:59am
Hi Guys... here is my view of the day.

I have a small long position.. just a try for the break of these new high. The new high after the huge fall of yesterday is telling me that bulls are still strong. My actual line in the sand is 3683. Till price stays above that level.. i won't be thinking about shorting, and vice versa. As i told yesterday... i got fed up with being caught in short trading and then PA goes up up (i think many were in this situation yesterday).

On GU... that was a nice move yesterday.. and since then price is ranging. Will look for some more short under 5780 (that has been tested 4 times till now and was always rejected).

That being said.... i hope EU will go to 3725 before going under 3670 again

Cheers guys!!
I don't want a job, i want money!
  • #9,100
  • Jan 26, 2011 3:42am Jan 26, 2011 3:42am
GBPUSD

1. short @5828 sl @5870 (1.0)
Thank You
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