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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #10,061
  • Mar 24, 2011 11:10am Mar 24, 2011 11:10am
Quoting wormboy
Thanks fellas! It's nice to get a straightforward trading day after the roller coaster I had yesterday!
Hello Azim...

First of all congratz and secondly thanks for guiding the way If you have sometime could you please let me know the reason fro entering the trade I mean it hadn't crossed the daily pivot by then but none the less it did come back from the weekly pivot was that the reason for the buy.....last but not the least after continuous unsuccesful tries on the downward break of the pivot for today i.e. 1.4129....I bought another very very small position at 1.4137 and got out at the daily R1 ...just wanted to confirm is that the way which you trade or am I missing something?

looking forward to your reply....thanks in advance

Regards

Ali Raza
Raza
  • #10,062
  • Mar 24, 2011 11:10am Mar 24, 2011 11:10am
Quoting scurt
Excellent trade Wormie, very very good!
can I ask you, will you add another long on retest downward TL around 4170?
thanks scurt

I don't plan on adding to position tbh & the remainder of the current trade is my last trade for this week. It's turning out to be a nice week for me & since tomorrow is Friday, I really don't want to mess things up
Thank You
  • #10,063
  • Mar 24, 2011 11:24am Mar 24, 2011 11:24am
Hi ali,

I did post the levels I was watching for before placing the trade my friend.
Here is the post & chart in case you missed it
1. http://www.forexfactory.com/showpost...ostcount=10038

If you noticed, price failed at the W1 pivot & pulled back, & I waited for the m5 mid resistance breakout before buying.

As for your trade, you did nothing wrong clearing at the res level, I'd do the same but since the HTF is showing continuation, I did not want to clear everything, so I left some runner going.
How you plan to manage your trades are subjective, but always plan them ahead of your trades.
I forgot to post this chart here earlier, but here's why I'm not worried about my longs.
1. http://www.forexfactory.com/showpost...stcount=412892
2. http://www.forexfactory.com/showpost...stcount=412981
Thank You
  • #10,064
  • Mar 24, 2011 11:25am Mar 24, 2011 11:25am
wow someone's really pounding the pound today yea? lol
Thank You
  • #10,065
  • Mar 24, 2011 11:33am Mar 24, 2011 11:33am
and the euro just proper fucked them bears bigtime. 'Scuse my french lol
Thank You
  • #10,066
  • Mar 24, 2011 11:41am Mar 24, 2011 11:41am
Quoting wormboy
and the euro just proper fucked them bears bigtime. 'Scuse my french lol

bhuahahah

mate... i owe u big thanks .. i finally am starting to see the matrix.. and it works!! unless there is some WTF moment... i am a lot improving.

will be around much less till the end of the month.. will always try to write my morning view (as usual for myself) and even if that friday proper f@@ed me.. i could close the month now and be happy with my results.
I don't want a job, i want money!
  • #10,067
  • Mar 24, 2011 11:48am Mar 24, 2011 11:48am
Quoting dario1002
bhuahahah

mate... i owe u big thanks .. i finally am starting to see the matrix.. and it works!! unless there is some WTF moment... i am a lot improving.

will be around much less till the end of the month.. will always try to write my morning view (as usual for myself) and even if that friday proper f@@ed me.. i could close the month now and be happy with my results.
De nada.
Just throw a couple of brunettes this way & we're square

And what did I tell you about EurGbp going to 0.8775? That's 2 brunettes & a blondie now by my count
Thank You
  • #10,068
  • Mar 24, 2011 11:56am Mar 24, 2011 11:56am
yo azim i swear this mofo is swinging

go on my son!!!
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  • #10,069
  • Mar 24, 2011 11:59am Mar 24, 2011 11:59am
Quoting wormboy
and the euro just proper fucked them bears bigtime. 'Scuse my french lol

i got a feeling for things to really get moving south we need to hit the toe ratted trendline
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  • #10,070
  • Mar 24, 2011 12:04pm Mar 24, 2011 12:04pm
Quoting nAVIN2007
i got a feeling for things to really get moving south we need to hit the toe ratted trendline
that trendline by any chance is ard my 4335 level?
Thank You
  • #10,071
  • Mar 24, 2011 12:07pm Mar 24, 2011 12:07pm
Quoting wormboy
De nada.
Just throw a couple of brunettes this way & we're square

And what did I tell you about EurGbp going to 0.8775? That's 2 brunettes & a blondie now by my count

bhuahahah Azim the pimp??

Inserted Video
I don't want a job, i want money!
  • #10,072
  • Mar 24, 2011 12:10pm Mar 24, 2011 12:10pm
Quoting wormboy
that trendline by any chance is ard my 4335 level?
spot on!!!!
  • #10,073
  • Mar 24, 2011 12:44pm Mar 24, 2011 12:44pm
Quoting wormboy
Hi ali,

I did post the levels I was watching for before placing the trade my friend.
Here is the post & chart in case you missed it
1. http://www.forexfactory.com/showpost...ostcount=10038

If you noticed, price failed at the W1 pivot & pulled back, & I waited for the m5 mid resistance breakout before buying.

As for your trade, you did nothing wrong clearing at the res level, I'd do the same but since the HTF is showing continuation, I did not want to clear everything, so I left some runner going.
How you plan to manage...
Thanks for the detailed explanation bro, and yes I did overlook your post prior to the entry.... :-/
Raza
  • #10,074
  • Mar 24, 2011 9:00pm Mar 24, 2011 9:00pm
wormboy, navin2007 appreciate the detailed trades and charts. this would be best thread i have been looking at. no negative bs

thanks heaps http://www.forexfactory.com/images/icons/icon14.gif
  • #10,075
  • Mar 24, 2011 11:41pm Mar 24, 2011 11:41pm
wb, need your advice and if you have some spare time, can you see the Usd Jpy going up to the 83 mark ? thanks in advance.
Yeah I know !!!
  • #10,076
  • Mar 25, 2011 2:41am Mar 25, 2011 2:41am
hey all...

ok last trade of the week... i was expecting at least 1.403 yesterday but saw some strong buying. we broke that UTL from previous 2 days with no problem. i bought on retest today in the morning with SL below that TL@ 1.413.

have a nice weekend all
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  • #10,077
  • Mar 25, 2011 3:12am Mar 25, 2011 3:12am
Quoting lessonlearnt
wb, need your advice and if you have some spare time, can you see the Usd Jpy going up to the 83 mark ? thanks in advance.
Open you 4hr chart and tell me what do you see .
  • #10,078
  • Mar 25, 2011 3:22am Mar 25, 2011 3:22am
Quoting KwAAkS
hey all...

ok last trade of the week... i was expecting at least 1.403 yesterday but saw some strong buying. we broke that UTL from previous 2 days with no problem. i bought on retest today in the morning with SL below that TL@ 1.413.

have a nice weekend all

just be careful with the LO ... PA during this period is always crazy (like 40 pips drop...)
I don't want a job, i want money!
  • #10,079
  • Mar 25, 2011 3:29am Mar 25, 2011 3:29am
Quoting dario1002
just be careful with the LO ... PA during this period is always crazy (like 40 pips drop...)
thanks mate...

so it was you who sent EU down to show me that
daily pivot and mentioned TL on the way to my SL. if those two gave up than i am not comfortable with my long anymore.

good luck to all
  • #10,080
  • Mar 25, 2011 3:47am Mar 25, 2011 3:47am
hope this TL will hold EU from going future south, EURX for now has a nice pinbar on h1, but usdx going up too , but on 15mtf eu closed above 200ema and DP, also cable is aproaching 78.6 fibo, with little amount I will try to go long if 6072 touched
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