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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #9,681
  • Mar 10, 2011 11:49am Mar 10, 2011 11:49am
Quoting KwAAkS
no harm done tomorrow is a new day... i think i will stay away from GU myself for some time. 90% losses in last month i made on GU. clear signal
hope you had a better day friend

i shorted early this morning... and if u can see.. after 10 gmt it didn't move much. Well i have to admit i got a bit greedy and didn't take anything on weekly S1... so the trade is still there with nothing much to take. Hope won't get busted and it would be important if we close this hour under 1.38. Probably this trade will go over all night long... just hope i won't wake up tomorrow and will find nice surprise like i had this morning
I don't want a job, i want money!
  • #9,682
  • Mar 10, 2011 12:51pm Mar 10, 2011 12:51pm
Quoting Janegra
azim, mate,,,, mate ,,,, dont make us beg..... What can you see that is short...but we cant??????
And if you had been watching, would you have closed when price broke pivots so easily...
Cheers mate. Graham

hi graham,

the bearflag on the h4 mate
Thank You
  • #9,683
  • Mar 10, 2011 12:57pm Mar 10, 2011 12:57pm
Quoting dario1002
duude.. seems GU has left the port... going down.... and i do hope EU will follow...
don't worry bro, they're both going. break above the dx monthly pvp, we can scrap cable 1.7, won't happen. One thing at a time tho, let's see what happens at the pivot.

Quoting wormboy

yes I agree your setup does look very likely to happen. I've been watching the bullish divergence on the usdx building up for 2 days now & if it breaks above the descending utl then I have no doubt that cable & eu will tank.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dxd1.gif Size: 17 KB
Click to Enlarge Name: dxd.gif Size: 17 KB
Thank You
  • #9,684
  • Mar 10, 2011 12:59pm Mar 10, 2011 12:59pm
Quoting wormboy
Stop amended.

EurUsd

1. short @3829 sl @3825 (1.0)

added.

2. short @3808 sl @3945 (2.0)
Trade stopped.

EurUsd

1. short @3829 stopped @3825 (1.0)

Remaining trade unchanged.

2. short @3808 sl @3945 (2.0)


p/s: my target is 1.3704 dario
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  • #9,685
  • Mar 10, 2011 1:03pm Mar 10, 2011 1:03pm
Quoting noblehobo
nicely done brother... here was my view lastnight
http://www.forexfactory.com/showpost...stcount=403783

PS it's really nice to see the quality going on in here while the EU thread runs rampant with insolence... keep up the great work traders!
Gabe, excellent call brother
Still holding the trade I take it? Good luck to us!!
Thank You
  • #9,686
  • Mar 10, 2011 1:04pm Mar 10, 2011 1:04pm
Quoting dario1002
i wonder what is azim's target... i saw 3875 on EU thread.. but the thing is.. he plotted on his chart the LTL slightly differently than mine... and that bothers me
the 875 is the i/d target. I mentioned it to the other fella buying into nothing without a stop because price can still test that level. Guess he's suicidal, not my money
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  • #9,687
  • Mar 10, 2011 1:08pm Mar 10, 2011 1:08pm
now that's the right punishment for people who buy in the middle of nothing

Inserted Video
I don't want a job, i want money!
  • #9,688
  • Mar 10, 2011 3:12pm Mar 10, 2011 3:12pm
Quoting wormboy
Gabe, excellent call brother
Still holding the trade I take it? Good luck to us!!
still short buddy and honestly see no reason not to be until maybe next week... lost power a few hours ago and it's still not on so have been monitoring via iPhone. not an ideal situation to say the least, but it's all I can do for now... crazy storm blew in and out in a hurry here. catch y'all later on.
  • #9,689
  • Mar 11, 2011 1:13am Mar 11, 2011 1:13am
watch the dx fellas. we've had the breakout & yesterday's close was bullish, so it's fair to expect a continuation today & a test of the monthly pvp @77.5 at least.
cable & fibre could possibly slide further today.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dxd1.gif Size: 17 KB
Click to Enlarge Name: dxd2.gif Size: 17 KB
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  • #9,690
  • Mar 11, 2011 1:18am Mar 11, 2011 1:18am
i/d bias for eurusd remains bearish, as we opened the day well below the dp & major s/r level @3830.

Good luck to everyone.
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 16 KB
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  • #9,691
  • Mar 11, 2011 1:54am Mar 11, 2011 1:54am
massive quake hits japan

Inserted Video
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  • #9,692
  • Mar 11, 2011 2:49am Mar 11, 2011 2:49am
So fellas... again when i woke up today.. i ended up being pissed.. as my short doesn't look too good (not that bad, but could be +50 pips!!).

Here is something i am a little bit concerned about.. it's true that er broke the UTL.. but still we have to face the other LTL that connects the 2 lows (as shown in the image). Of course (even if i deleted that otherwise it would have been too messy to see) we are over weekly pivot, over weekly R1 + daily pvt (being tested right now), and it's reasonable to think that we are heading toward monthly PVT... but still the run up had a dead stop to that line.

Then talking about the chart itself (EU), i am still confused about how is more correct to draw that lower trendline. The difference is not that much.. but as u can see, it makes a huge difference in this very moment, as price yesterday stopped exactly on the "case2" trendline. I know that a way to trade is is.. to draw both.. and to play the break of one and to set as TP the other line.. but still.. would like to know better

have a good one mates...
Attached Image(s) (click to enlarge)
Click to Enlarge Name: usdxdaily.gif Size: 40 KB
Click to Enlarge Name: eucase1.gif Size: 44 KB
Click to Enlarge Name: eucase2.gif Size: 44 KB
I don't want a job, i want money!
  • #9,693
  • Mar 11, 2011 3:53am Mar 11, 2011 3:53am
come on guys... a nice 4h close under weekly S1 and MAYBE even EU has abandoned the port to the downside
I don't want a job, i want money!
  • #9,694
  • Mar 11, 2011 4:00am Mar 11, 2011 4:00am
Quoting dario1002
So fellas... again when i woke up today.. i ended up being pissed.. as my short doesn't look too good (not that bad, but could be +50 pips!!).

Here is something i am a little bit concerned about.. it's true that er broke the UTL.. but still we have to face the other LTL that connects the 2 lows (as shown in the image). Of course (even if i deleted that otherwise it would have been too messy to see) we are over weekly pivot, over weekly R1 + daily pvt (being tested right now), and it's reasonable to think that we are heading toward monthly PVT......
hi buddy, think is just what i think
there is no exact science for trendlines, we just do them so its easier to visualize where price is heading..look at my chart is hasnt even hit 3 points but anything below the trendline is bearish..a clear close above is bullish ..this thing went to the absolute extreme..this is the way in trading..the mass have to lose b4 the few can win

dont look for exact approach..trading is 100% discretion, just play the probabilities the best u can..
clear yur mind and play
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.jpg Size: 97 KB
  • #9,695
  • Mar 11, 2011 4:13am Mar 11, 2011 4:13am
as i said yesterday... should have shorted cable...

ok fellas.. i like this 4h candle close (could have been better thou)... now the next target is 3775 (yesterday's low), and then i see nothing till 3730...
I don't want a job, i want money!
  • #9,696
  • Mar 11, 2011 4:33am Mar 11, 2011 4:33am
Quoting dario1002
as i said yesterday... should have shorted cable...

ok fellas.. i like this 4h candle close (could have been better thou)... now the next target is 3775 (yesterday's low), and then i see nothing till 3730...

3750 i say will be tough to break..i have that as major support
  • #9,697
  • Mar 11, 2011 4:36am Mar 11, 2011 4:36am
Quoting nAVIN2007
3750 i say will be tough to break..i have that as major support
i have 3730 as that daily level.. mind to share the chart?
I don't want a job, i want money!
  • #9,698
  • Mar 11, 2011 4:51am Mar 11, 2011 4:51am
Quoting dario1002
i have 3730 as that daily level.. mind to share the chart?

ofcourse buddy..sorry i have been disconnect from my isp (i had a 50m connection and acording to them i violated the download policy..arseholes ..lol

working of mobile innternet right now so as u can imagine speed is slow
Attached Image(s) (click to enlarge)
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Click to Enlarge Name: chart3.jpg Size: 102 KB
  • #9,699
  • Mar 11, 2011 4:54am Mar 11, 2011 4:54am
I have the same 3730
besides 3730 is also 50%fibo and there is upward TL

Quoting dario1002
i have 3730 as that daily level.. mind to share the chart?
Attached Image (click to enlarge)
Click to Enlarge Name: eu_daily.jpg Size: 194 KB
  • #9,700
  • Mar 11, 2011 5:06am Mar 11, 2011 5:06am
hourly close under yesterday's low... if all is ok i won't have to wait for the next week to close the trade!!
I don't want a job, i want money!
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