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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #9,441
  • Feb 28, 2011 2:46am Feb 28, 2011 2:46am
Hi guys... i hope u had great weekend as i did, but now back to work!

Here and there on FF i read how people were predicting EU fall... but on my very modest judgement it's way too soon to think about it. We bounched on 3730 which, as we discussed last week, seems to be some deadline (it even costed me a self-slap on my face). The fact that it bounched on it, gave me even more signs that this line is solid. On a daily basis we are still on that bullflag and, just a little effort to close over 3820 and this thing gonna fly! Will wait for this 4h close and if it is solid... i will go long on it

On GU Things are a little bit more complicated... we came from a huge fall at the end of the last week, and i still believe that the area around 6150-60 is kinda bitchy to pass... but hey.. we are still over 61 and we had a nice pinbar formation on the daily, plus that level that Azim told is holding (6054).

Over it there is still USDX that is in downside motion and still scratching monthly S2 and nice round number 77.00 (77.54 is still far over us and since we broke we didn't get there anymore.

Trade safe guys.. and hope our week will be very much in green (of course if u are on the same side of the trade as mine )
I don't want a job, i want money!
  • #9,442
  • Feb 28, 2011 2:55am Feb 28, 2011 2:55am
Quoting LaBoca
pro's like yourself, Dario and Kwaaks.
I HAD TO underline it.... thank u for the compliment, but u can believe me, i am not even close of being a pro... but i put much effort in it and soon i will be (i must be!). Around here the bous is Azim (he even is a show off like bosses do )
I don't want a job, i want money!
  • #9,443
  • Feb 28, 2011 3:32am Feb 28, 2011 3:32am
Missed the EU train actually... will look to buy when there is a bit of retracement. And sadly i didn't even anybody to tell me that i was wrong, so that i could say at least "told ya"
I don't want a job, i want money!
  • #9,444
  • Feb 28, 2011 3:41am Feb 28, 2011 3:41am
Quoting dario1002
Missed the EU train actually... will look to buy when there is a bit of retracement. And sadly i didn't even anybody to tell me that i was wrong, so that i could say at least "told ya"
hello,

glad to hear you had a nice weekend dario
there will be retrcement i think. we just broke 77.00 on USDX and i expect that to be retested. it is only monday and end of the month so it could also be fake but i think that is less possible option. i will wait for a retrace to 77.00 and decide what to do then.

btw. just for the record i am also far from being a pro
Attached Image
  • #9,445
  • Feb 28, 2011 3:45am Feb 28, 2011 3:45am
Quoting KwAAkS
hello,

glad to hear you had a nice weekend dario
there will be retrcement i think. we just broke 77.00 on USDX and i expect that to be retested. it is only monday and end of the month so it could also be fake but i think that is less possible option. i will wait for a retrace to 77.00 and decide what to do then.

btw. just for the record i am also far from being a pro

U should even add this and it will look even better!
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I don't want a job, i want money!
  • #9,446
  • Feb 28, 2011 4:32am Feb 28, 2011 4:32am
Ok Guys... on EU bulls are in play and... if i am not mistaken... we have a 4h tower bottom pattern. Will wait for some retracement (hopefully till half of the long bullish candle) and then shoot my long!

Then for today i will not post anymore till there is some answers... i start to feel like rainman and talking alone
I don't want a job, i want money!
  • #9,447
  • Feb 28, 2011 5:55am Feb 28, 2011 5:55am
5 min bearish divergence... i took a smal short [email protected]
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  • #9,448
  • Feb 28, 2011 5:55am Feb 28, 2011 5:55am
Quoting wormboy
GBPUSD

1. long @6104 sl @6004 (0.5)

Stop amended.

GBPUSD

1. long @6104 sl @6120 (0.5)
Thank You
  • #9,449
  • Feb 28, 2011 5:59am Feb 28, 2011 5:59am
Quoting Orbital
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
hi orb, yup, it was pivotal where i took it. lucky i worked out
nice to see you here with us
Thank You
  • #9,450
  • Feb 28, 2011 6:07am Feb 28, 2011 6:07am
Quoting Janegra
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
hi graham

sorry for the late reply my friend
the d1 inverted hammer on the eg is significant because last week it pierced above the monthly pivot @0.8502 & most of the times, when strong pivot levels are taken out there usually are retests, so the inverted hammer was a signal that it would. And it eventually did, so keep an eye on 0.8503 & see how price react there & keep an eye on usdx @76.73, that's what I'll be doing to decide the next move.
I have multiple screens setup mate, that probably helped me see things better .. been wrong many times before tho lol

have a good one
Thank You
  • #9,451
  • Feb 28, 2011 6:09am Feb 28, 2011 6:09am
Quoting dario1002
Ok Guys... on EU bulls are in play and... if i am not mistaken... we have a 4h tower bottom pattern.
tower bottom is a bottom reversal formation & appears after a long downtrend bro.

They ligned up correctly tho, so right idea, just wrong timing.
Thank You
  • #9,452
  • Feb 28, 2011 6:43am Feb 28, 2011 6:43am
Quoting wormboy
hi orb, yup, it was pivotal where i took it. lucky i worked out
nice to see you here with us
Well i do checkout your posts from time to time Eventhough i trade purely on Supply/demand and priceaction you are one of 7 good traders on FF who actually know what the fuck they are talking about.
  • #9,453
  • Edited 7:03am Feb 28, 2011 6:48am | Edited 7:03am
btw seems like a slight reversal might be in play now =/

EDIT:

Breakout reversal occured, will be looking for cheap buying entries.
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  • #9,454
  • Feb 28, 2011 7:27am Feb 28, 2011 7:27am
IF this hourly close on EU will be over 3830... that might be a good chance for long... and if daily/monthly closes over there... chances are that it will be a good month!
I don't want a job, i want money!
  • #9,455
  • Feb 28, 2011 9:20am Feb 28, 2011 9:20am
Quoting wormboy
Stop amended.

GBPUSD

1. long @6104 sl @6120 (0.5)

Trade closed.

GBPUSD

1. long @6104 closed @6268 (0.5)
Thank You
  • #9,456
  • Feb 28, 2011 9:22am Feb 28, 2011 9:22am
Quoting Orbital
btw seems like a slight reversal might be in play now =/

EDIT:

Breakout reversal occured, will be looking for cheap buying entries.
Attachment

not much supply @35 orb. new high now, you gonna take it at the retest? I have a pivot resistance here ..
Thank You
  • #9,457
  • Feb 28, 2011 9:50am Feb 28, 2011 9:50am
Looking for a retest worm.

price is being a bit erratic right now. Cant really decide on an entry
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  • #9,458
  • Feb 28, 2011 10:50am Feb 28, 2011 10:50am
HMMM EU not cool.. and usdx broke 77.00 .... tickling my nerves
I don't want a job, i want money!
  • #9,459
  • Mar 1, 2011 1:12am Mar 1, 2011 1:12am
EurUsd

1. long @3813 sl @3675 (1.0)
Thank You
  • #9,460
  • Mar 1, 2011 2:09am Mar 1, 2011 2:09am
there goes cable, 6420 is coming
Thank You
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