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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #9,421
  • Feb 24, 2011 10:19am Feb 24, 2011 10:19am
Quoting wormboy
maybe not.

dario, hope you got out of cable, god knows how deep that sucker's diving

i went out of cable trade... luckily it was 1/3 my usual lot size and watching gbplfx breaking all the supports my SL was 5 pips under morning low. So i got stopped out at 6138.. not much harm done though
I don't want a job, i want money!
  • #9,422
  • Feb 24, 2011 10:30am Feb 24, 2011 10:30am
Quoting dario1002
i went out of cable trade... luckily it was 1/3 my usual lot size and watching gbplfx breaking all the supports my SL was 5 pips under morning low. So i got stopped out at 6138.. not much harm done though
well done my friend, cut em short.

let's see if our yoorow can close above 810 today. are you still in this tradE?
Thank You
  • #9,423
  • Feb 24, 2011 10:36am Feb 24, 2011 10:36am
Quoting wormboy
well done my friend, cut em short.

let's see if our yoorow can close above 810 today. are you still in this tradE?

yes.... still going on....

actually have to tell u that eurgbp really surprised me... that was a strong point that it broke today... but not watching this pair i wasn't ready

GU really pissed me off.. didn't take 40 this morning... and then it went bad... that weekly pivot betraied me.. son of walking girl!!!
I don't want a job, i want money!
  • #9,424
  • Feb 24, 2011 10:44am Feb 24, 2011 10:44am
Quoting dario1002
yes.... still going on....

actually have to tell u that eurgbp really surprised me... that was a strong point that it broke today... but not watching this pair i wasn't ready

GU really pissed me off.. didn't take 40 this morning... and then it went bad... that weekly pivot betraied me.. son of walking girl!!!
okay. keep an eye on dx, nearest "strong support" is @76.73
Let's just concentrate on eu for the time being
Thank You
  • #9,425
  • Feb 24, 2011 11:08am Feb 24, 2011 11:08am
yes... still would be nice to get chance to add some more!!

by the way.. i know u don't watch EJ, but an important level has been broken and re-tested (4h) on the downside... + if the daily candle closes down there 113.30 has proven to hold and 111.80 can be in play
I don't want a job, i want money!
  • #9,426
  • Feb 24, 2011 5:54pm Feb 24, 2011 5:54pm
Quoting wormboy
Remaining stop amended.

EurUsd

1. long @3591 sl @3741 (1.0)

Remaining stop amended.

EurUsd

1. long @3591 sl @3751 (1.0)
Thank You
  • #9,427
  • Feb 25, 2011 1:14am Feb 25, 2011 1:14am
Hey guys...

what to expect today? i have no idea looks like EU will not reach 1.4 this week. GU droped yesterday but recovering slowly. USDX at strong 77.00 support I will probably not take any trades today as i already more than complete my weekly target.
I still have open long from GU yesterday @1.615. SL at 1.605 was not hit. and i still have long EU from last week running with more than 300+.

good luck to all
  • #9,428
  • Feb 25, 2011 2:52am Feb 25, 2011 2:52am
Quoting KwAAkS
Hey guys...

what to expect today? i have no idea looks like EU will not reach 1.4 this week. GU droped yesterday but recovering slowly. USDX at strong 77.00 support I will probably not take any trades today as i already more than complete my weekly target.
I still have open long from GU yesterday @1.615. SL at 1.605 was not hit. and i still have long EU from last week running with more than 300+.

good luck to all
Good morning
The plan for me is... to do nothing actually. I will be celebrating what was probably the most profitable week in months (probably with a cocktail this evening) but during the day will babysit EU long and, if to tell u the truth, i would expect some downside today. It's been a week since we are going up without taking a break, and we scratched 3840, so a visit to 3770 might be in the cards (of course i hope not but...). USDX is at 77.00 and it's stopped by monthly S2 and weekly S1, but hey.. yesterday GBPLFX moved quite unexpectedly thru weekly S1 and S2, so all can happen. My view now on GU is not too good, to tell u the truth. Yesterday i was long with u but i got rid of it at the strong break of WP whish now is acting as resistence plus... the upmovement looks to me like bearflag. My view would change only at a break and confirm of 6170

Will be around for the next couple of hours, and then my weekend will start.
I don't want a job, i want money!
  • #9,429
  • Feb 25, 2011 3:19am Feb 25, 2011 3:19am
Quoting dario1002
Good morning
The plan for me is... to do nothing actually. I will be celebrating what was probably the most profitable week in months (probably with a cocktail this evening) but during the day will babysit EU long and, if to tell u the truth, i would expect some downside today. It's been a week since we are going up without taking a break, and we scratched 3840, so a visit to 3770 might be in the cards (of course i hope not but...). USDX is at 77.00 and it's stopped by monthly S2 and weekly S1, but hey.. yesterday GBPLFX moved quite unexpectedly...

congrats on your gains this week bro looks like we have all been positive this week. It is easyer to trade if there is some direction.

My loses usually come when ranging begins This is still the weekest part of my trading.
And something to debate:How do you guys define when trend stalls and ranging begins?
  • #9,430
  • Feb 25, 2011 3:45am Feb 25, 2011 3:45am
Quoting KwAAkS
congrats on your gains this week bro looks like we have all been positive this week. It is easyer to trade if there is some direction.

My loses usually come when ranging begins This is still the weekest part of my trading.
And something to debate:How do you guys define when trend stalls and ranging begins?

eheh for this i believe u have to ask to Dart Vader. If u want my guess is... the opposite of the break + confirm. When price fails to break and confirm some important area (preferably referred to a higher TF), perhaps it's time to look at things from anoher point of view. This would be my guess... but of course "still much to lern i have" ...
I don't want a job, i want money!
  • #9,431
  • Feb 25, 2011 4:40am Feb 25, 2011 4:40am
Quoting wormboy
Remaining stop amended.

EurUsd

1. long @3591 sl @3751 (1.0)


Remaining trade closed.

EurUsd

1. long @3591 closed @3795 (1.0)
Thank You
  • #9,432
  • Feb 25, 2011 4:58am Feb 25, 2011 4:58am
Quoting wormboy
Remaining trade closed.

EurUsd

1. long @3591 closed @3795 (1.0)
nice ride mate!
I don't want a job, i want money!
  • #9,433
  • Feb 25, 2011 5:06am Feb 25, 2011 5:06am
Quoting dario1002
nice ride mate!
thank you my friend

done for the week, i'm outta here.
careful if you're planning to short cable, I have a sneaky feeling it's a trap, just keep an eye on 6054.

see ya next week. ta guys!
Thank You
  • #9,434
  • Feb 25, 2011 5:26am Feb 25, 2011 5:26am
Quoting wormboy
thank you my friend

done for the week, i'm outta here.
careful if you're planning to short cable, I have a sneaky feeling it's a trap, just keep an eye on 6054.

see ya next week. ta guys!
no no... as i wrote i just babysitted my EU trade.... and the big selloff hit my SL. As i told... by far one of the best week ever and i got a lot of freetime

now i will just enjoy my weekend and that's it... eventually i will just demo-trade some stuff till i go out to have fun
I don't want a job, i want money!
  • #9,435
  • Feb 25, 2011 7:50am Feb 25, 2011 7:50am
done&out for the week too. closed last GU for -50 @1.61(the only loosing trade this week) and EU for + 270 @1.378 I really have no idea where we are headed next week.
have a nice weekend all
  • #9,436
  • Feb 27, 2011 5:25pm Feb 27, 2011 5:25pm
Quoting wormboy
wait, what? lol
how's trading my friend?
Sorry for the late response Azim. Trading has been good so far but then again I'm only a part time spread better so still a way to go to be anywhere near the pro's like yourself, Dario and Kwaaks.

Hey but year end 2010 account stayed +ve so can't complain. Purely focussed on the beast that is Forex and just when I thought i'd figured her out and was about to kick back and count them pips come home, ended up giving some back. But grew as a trader as a result.

This year both months have been +ve.

Read your last few posts and like the advice and encouragement you've been giving to Dario and i'm sure that those who read this thread can take out the +ve's .

I'm looking towards opening a live mini fx account so any advice (not just from yourself but any of the other contributors) on brokers will be greatly appreciated. Leaning towards MT4 at the moment and will have to figure out a way to trade from work - behind a firewall so restricted to lunch times...and early mornings and late evenings.

All the best to you and everyone who follows this thread.
It's a dirty job but someone's gotta do it!
  • #9,437
  • Feb 27, 2011 11:32pm Feb 27, 2011 11:32pm
Quoting wormboy
thank you my friend

done for the week, i'm outta here.
careful if you're planning to short cable, I have a sneaky feeling it's a trap, just keep an eye on 6054.

see ya next week. ta guys!
ha!
Thank You
  • #9,438
  • Feb 27, 2011 11:32pm Feb 27, 2011 11:32pm
GBPUSD

1. long @6104 sl @6004 (0.5)
Thank You
  • #9,439
  • Feb 27, 2011 11:58pm Feb 27, 2011 11:58pm
Quoting wormboy
GBPUSD

1. long @6104 sl @6004 (0.5)
tricky zone to long in since theres a small intermediary supply, but the bigger supply is way higher, i see the reasoning, flawless trade if it works out
  • #9,440
  • Feb 28, 2011 12:11am Feb 28, 2011 12:11am
Quoting wormboy
ha!
hey azim,, yeah , you picked it again.. Now you are long cable,,
but how much value do you place on the eg daily pin.. I have never watched that correlation before..
And how many forex pairs do you normally watch???
I dont use your calls as a signal,, but by christ. I worry when i am in a trade, and you call the opposite....
Cheers mate,
graham
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