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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #9,921
  • Mar 18, 2011 3:58am Mar 18, 2011 3:58am
Quoting dario1002
So fellas... time to share the view of the day.

As u all noticed... Eu bulls are way stronger than Gu bulls. Finally eurx managed to break that UTL and go over the S/R line 109.77 (over monthly R2 and weekly R1 that are 10 pips distant from that level). A retest could be in play...

be flexible.... ready to short it!!!!
I don't want a job, i want money!
  • #9,922
  • Mar 18, 2011 4:02am Mar 18, 2011 4:02am
Quoting dario1002
be flexible.... ready to short it!!!!
i just did. hard rejection at daily R1. [email protected]
  • #9,923
  • Mar 18, 2011 4:05am Mar 18, 2011 4:05am
Quoting KwAAkS
i just did. hard rejection at daily R1. [email protected]

short @4050? i am still not in... kind of not convincing yet... anyway if both pinbars works (USDX and EURX h1) i have a PO that will be triggered under 4040
I don't want a job, i want money!
  • #9,924
  • Mar 18, 2011 4:10am Mar 18, 2011 4:10am
bounce exactly where it should have

be lucky folks
Attached Image(s) (click to enlarge)
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  • #9,925
  • Mar 18, 2011 4:18am Mar 18, 2011 4:18am
anybody thinking about shorting EURGBP?
I don't want a job, i want money!
  • #9,926
  • Mar 18, 2011 4:58am Mar 18, 2011 4:58am
still not into any trade.. and getting bored!!!

by the way 6050ish has been rejected on GU ... the test of the daily pivot could give us some hint about what to do
I don't want a job, i want money!
  • #9,927
  • Mar 18, 2011 5:00am Mar 18, 2011 5:00am
Quoting KwAAkS
i just did. hard rejection at daily R1. [email protected]
ok i am out... have a nice weekend all
  • #9,928
  • Mar 18, 2011 5:04am Mar 18, 2011 5:04am
Quoting dario1002
anybody thinking about shorting EURGBP?
Hi Dario,

short eur/gbp already, and short Gu still MP (took half profit on DP now stop at BE).
Trade with the momentum
  • #9,929
  • Mar 18, 2011 5:10am Mar 18, 2011 5:10am
Quoting sailor68
Hi Dario,

short eur/gbp already, and short Gu still MP (took half profit on DP now stop at BE).

just for the sake of knowing... how did u draw the UTL???

because right now i draw this TL and it seems we are having a strong weekly break
Attached Image (click to enlarge)
Click to Enlarge Name: eurgbpweekly.jpg Size: 122 KB
I don't want a job, i want money!
  • #9,930
  • Mar 18, 2011 5:11am Mar 18, 2011 5:11am
EurUsd

1. long @4086 sl @4000 (2.0)
Thank You
  • #9,931
  • Mar 18, 2011 5:17am Mar 18, 2011 5:17am
Quoting wormboy
EurUsd

1. long @4086 sl @4000 (2.0)

Closed partial

EurUsd

1. long @4086 closed @4100 (1.0)

Remaining trade unchanged

EurUsd

1. long @4086 sl @4000 (1.0)
Attached Image (click to enlarge)
Click to Enlarge Name: eu5.png Size: 56 KB
Thank You
  • #9,932
  • Mar 18, 2011 5:19am Mar 18, 2011 5:19am
Quoting ohammond
Wormboy....Hope you don't mind, but popped in to say a big thanks for your journal and posts, they have been an enormous help to me and improved my trading 1000% with live examples of candles and patterns.

Been watching your thread forever and been trading for 3 years but only recently joined Forex Factory so I could take a more active part in discussions. Keep up the good work its appreciated by a lot of people I'm sure!!

cheers mate
Thank You
  • #9,933
  • Mar 18, 2011 5:26am Mar 18, 2011 5:26am
Scalped another 4.2 at the bounce
Attached Image (click to enlarge)
Click to Enlarge Name: eu5a.png Size: 58 KB
Thank You
  • #9,934
  • Mar 18, 2011 5:39am Mar 18, 2011 5:39am
Quoting dario1002
just for the sake of knowing... how did u draw the UTL???

because right now i draw this TL and it seems we are having a strong weekly break
This is what i have, different, but now i short this pair, 1H overbought and today its friday, but i can be wrong.
Attached Image (click to enlarge)
Click to Enlarge Name: eur gbp.gif Size: 5 KB
Trade with the momentum
  • #9,935
  • Mar 18, 2011 5:45am Mar 18, 2011 5:45am
Quoting sailor68
This is what i have, different, but now i short this pair, 1H overbought and today its friday, but i can be wrong.
Which TF is that?
eheh that is why i didn't trade it yet... i have different demo brokers and that TL looked different in some of them. only in one it looks like your... in the others that TL has been broken... so i don't know what to do.. Anyway probably there will be a retest
I don't want a job, i want money!
  • #9,936
  • Mar 18, 2011 6:00am Mar 18, 2011 6:00am
Quoting wormboy
Closed partial

EurUsd

1. long @4086 closed @4100 (1.0)

Remaining trade unchanged

EurUsd

1. long @4086 sl @4000 (1.0)

Remaining trade closed

EurUsd

1. long @4086 closed @4111 (1.0)
Attached Image (click to enlarge)
Click to Enlarge Name: eu5b.png Size: 56 KB
Thank You
  • #9,937
  • Mar 18, 2011 6:05am Mar 18, 2011 6:05am
Done for the day, covered earlier losses & gained $370 extra for the day.
Not gonna push my luck futher since it's Friday and all.

I'm off, enjoy the weekend everyone

ey yo dario, remember

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Thank You
  • #9,938
  • Mar 18, 2011 6:06am Mar 18, 2011 6:06am
Quoting wormboy
Remaining trade closed

EurUsd

1. long @4086 closed @4111 (1.0)
only 24 pips in 24 mins....was that a scalp or a swing trade?....it was just too quick for me to figure out gr8 work bro...
Raza
  • #9,939
  • Mar 18, 2011 6:11am Mar 18, 2011 6:11am
Quoting wormboy
Done for the day, covered earlier losses & gained $370 extra for the day.
Not gonna push my luck futher since it's Friday and all.

I'm off, enjoy the weekend everyone

ey yo dario, remember

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http://www.youtube.com/watch?v=jkJEvpwDBXY
thanks mate ... i always try to crush em... but that is not referred to trading

anyway... gained 3 pips today... luckily i dodged some bullet (fake short this morning) and not quite convinced of long. I wanted some retracement and both GU and EU gave me.. but that was way too quick for my taste.
Considering that i can't stay much longer here.. i'm gonna keep dodgding bullet and be happy with my big fat 3 pips!!!

so for today... call me Boris

Inserted Video
I don't want a job, i want money!
  • #9,940
  • Mar 18, 2011 6:16am Mar 18, 2011 6:16am
Quoting shr5
only 24 pips in 24 mins....was that a scalp or a swing trade?....it was just too quick for me to figure out gr8 work bro...
yup, scalp.

Only 24 pips, but at a total of $35/pip they all count my brother . The risk was very low, if you'd go back to the chart I posted, notice the broken resistance @4084 in blue, you'll see where the line in the sand was.
Thank You
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