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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #9,961
  • Mar 21, 2011 6:40am Mar 21, 2011 6:40am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
USA to sell mortgage back securities. They are guranteed return so big boys need plenty of dollars to buy them every month and portugal to need a bailout or govt resigns. If any US news + on top, dollar is back in up trend then.




Quoting dario1002
Wow... 50 pips in 3 mins... without news... what was it?
  • #9,962
  • Mar 21, 2011 6:42am Mar 21, 2011 6:42am
http://www.forexlive.com/174632/all/...res-not-passed
  • #9,963
  • Mar 21, 2011 6:44am Mar 21, 2011 6:44am
hopefully 3rd tap before flying...
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  • #9,964
  • Mar 21, 2011 6:46am Mar 21, 2011 6:46am
Quoting detailas
http://www.forexlive.com/174632/all/...res-not-passed

thanks... Europe will not let portugal Fail anyway... they will approve what is necessary. I believe Greece was in a much shittier situation and yet they are there.

Let's see what Trichet will say in couple of mins.. but still i am confident it will go up.. and actually that is a good buy opportunity

I did some homework and it jumped JUST in the right place...
I don't want a job, i want money!
  • #9,965
  • Mar 21, 2011 6:49am Mar 21, 2011 6:49am
Quoting scurt
hopefully 3rd tap before flying...

good luck to us my friend.... almost same entry
I don't want a job, i want money!
  • #9,966
  • Mar 21, 2011 6:51am Mar 21, 2011 6:51am
Quoting dario1002
thanks... Europe will not let portugal Fail anyway... they will approve what is necessary. I believe Greece was in a much shittier situation and yet they are there.

Let's see what Trichet will say in couple of mins.. but still i am confident it will go up.. and actually that is a good buy opportunity

I did some homework and it jumped JUST in the right place...
Agree, but you never know with tricky T.
  • #9,967
  • Mar 21, 2011 6:52am Mar 21, 2011 6:52am
Yep hope Trichet will say something nice

Quoting dario1002
good luck to us my friend.... almost same entry
  • #9,968
  • Mar 21, 2011 7:56am Mar 21, 2011 7:56am
hmm.. not liking how this hourly candle is about to close...
I don't want a job, i want money!
  • #9,969
  • Mar 21, 2011 8:13am Mar 21, 2011 8:13am
Price bounced off 50% of earlier move (4138 - 4201).
Making another attempt for a new high.
Let's see.
  • #9,970
  • Mar 21, 2011 8:15am Mar 21, 2011 8:15am
so guys... what would be a nice target for your longs?

i have in mind to take some off the table at past 4210 (around 4216 would be good)
I don't want a job, i want money!
  • #9,971
  • Mar 21, 2011 8:26am Mar 21, 2011 8:26am
Well my TP`s are 4220 and 4250 (where I have downward TL (4htf)) but maybe I drop 1/3 position around 1,4200 and rest as above.

Quoting dario1002
so guys... what would be a nice target for your longs?

i have in mind to take some off the table at past 4210 (around 4216 would be good)
  • #9,972
  • Mar 21, 2011 8:32am Mar 21, 2011 8:32am
Quoting dario1002
so guys... what would be a nice target for your longs?

i have in mind to take some off the table at past 4210 (around 4216 would be good)
More conservatively @ 4220 (bit under H4 R2) -or- if one feels lucky @ 4240 (bit under Daily R1).
  • #9,973
  • Mar 21, 2011 9:27am Mar 21, 2011 9:27am
took some at 4212... this thing seems it's goin up... but still...

have more than half position in play... and will hold till 4250 or till there is sign ov inversion...

looking at the 4h formation... if this candle would close up here... it has the potential to get to 4280 (daily r2)
I don't want a job, i want money!
  • #9,974
  • Mar 21, 2011 9:38am Mar 21, 2011 9:38am
closed 1/3 position at 1,4200 now waiting for 1,422

Quoting scurt
Well my TP`s are 4220 and 4250 (where I have downward TL (4htf)) but maybe I drop 1/3 position around 1,4200 and rest as above.
  • #9,975
  • Mar 21, 2011 9:53am Mar 21, 2011 9:53am
Quoting dario1002
so guys... what would be a nice target for your longs?

i have in mind to take some off the table at past 4210 (around 4216 would be good)
Hi Dario

Just wanted to confirm from you is that a rising wedge that i see on the 30 min tf? I am not sure thus the query.... i have taken out 1/2 @ 1.4205.... so just pondering over the next course of action...looking forward to your or Azims reply...

Thanks and regards

Ali Raza
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Raza
  • #9,976
  • Mar 21, 2011 10:01am Mar 21, 2011 10:01am
Quoting shr5
Hi Dario

Just wanted to confirm from you is that a rising wedge that i see on the 30 min tf? I am not sure thus the query.... i have taken out 1/2 @ 1.4205.... so just pondering over the next course of action...looking forward to your or Azims reply...

Thanks and regards

Ali Raza
hey there

i would say that i hope not.. considering that rising wedge is bearish pattern.

Anyway.. i wouldn't say so.... rising wedge is a formation where there are consecutives higher highs and higher lows (just the HH increase less than LH)... so IF your upper TL could makes sense... your lower TL doesn't make any sense .. considering that it doesn't connect any consecutive low...

That is how i see it.. to me it doesn't look at all as a rising wedge.. that is... purely a breakout to the upside of the 4182 level (friday's high and today's open)
I don't want a job, i want money!
  • #9,977
  • Mar 21, 2011 11:02am Mar 21, 2011 11:02am
breakout confirmed on hourly chart
I don't want a job, i want money!
  • #9,978
  • Mar 21, 2011 11:19am Mar 21, 2011 11:19am
Quoting dario1002
breakout confirmed on hourly chart

closed another portion a t +50 pips... and covered at BE + 2...

UUUUUAAAAAAAAHHHHHHH (watching tv series Spartacus ... so i am a bit boosted up)
I don't want a job, i want money!
  • #9,979
  • Mar 21, 2011 11:19am Mar 21, 2011 11:19am
Quoting wormboy
EurUsd

1. long @4182 sl @4115 (2.0)

Trade closed.

EurUsd

1. long @4182 closed @4234 (2.0)
Thank You
  • #9,980
  • Mar 21, 2011 11:20am Mar 21, 2011 11:20am
Quoting wormboy
Trade closed.

EurUsd

1. long @4182 closed @4234 (2.0)

All closed man?? not riskying with Asian session?

eheh i don't know what u saw in it... but being u, i trust.. so gonna close all my trade as well
I don't want a job, i want money!
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