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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #10,101
  • Edited 7:32am Mar 25, 2011 7:09am | Edited 7:32am
Quoting wormboy
Ignore what I said about cable & fibre exploding. PA is all over the place at the moment anything can happen. Usually is on Fridays, & admittingly I am a bit lost, that's the reason I cleared the remainder of my euro trade. Not gonna drive in the dark when the headlights are not working

Good luck to everyone trading & enjoy the weekend!
i think that was a very wise decision euro trade im lost as well..bullish dailly yesterday but so far aint looking like theres a spark to fuel up

good decision and again u showing why so many value u as bo-booyyacka trader
  • #10,102
  • Mar 25, 2011 7:19am Mar 25, 2011 7:19am
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
over and out @1.415
  • #10,103
  • Mar 25, 2011 7:36am Mar 25, 2011 7:36am
Quoting nAVIN2007
i think that was a very wise decision euro trade im lost as well..bullish dailly yesterday but so far aint looking like theres a spark to fuel up

good decision and again u showing why so many value u as bo-booyyacka trader
thanks bro, lucky the timing was good because I reversed & scalped the other way a few minutes after the pinbar gave it away. Booked another 27 for that.
Now I'm really off!

Have a great weekend bro!
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Thank You
  • #10,104
  • Mar 25, 2011 7:40am Mar 25, 2011 7:40am
Quoting wormboy
thanks bro, lucky the timing was good because I reversed & scalped the other way a few minutes after the pinbar gave it away. Booked another 27 for that.
Now I'm really off!

Have a great weekend bro!
have a good one bro!!
  • #10,105
  • Edited Mar 26, 2011 4:06am Mar 25, 2011 9:12am | Edited Mar 26, 2011 4:06am
Quoting wormboy
hehe ... you justin bieber fanboys will never know

this

http://www.youtube.com/watch?v=jsEKW-3vxKg

justin bieber??? i heard him for the first time 2 weeks ago... i was looking for a Queen song (don't remember which one right now)... and there was this guy that made a song with the same title... NOW THAT IS INSULTING!!

and by the way Marylin Manson is as fake as pamela anderson's boobs!
I don't want a job, i want money!
  • #10,106
  • Mar 26, 2011 8:29am Mar 26, 2011 8:29am
Quoting nAVIN2007
i doubt it brother!!
what i do as a trading stradegy as well is forcast patterm formations..i seriously doubt uk will come out of recession and this weekly will likely stop right at 1.60..leaving every1 guess will it break or bounce

thats what id do anyway..to bring peps in

(anyways less on the forecasting we all know what happens there)

watch the fib 50%
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  • #10,107
  • Mar 27, 2011 5:41pm Mar 27, 2011 5:41pm
EurUsd

1. long @4024 sl @3975 (2.0)
Thank You
  • #10,108
  • Mar 27, 2011 8:30pm Mar 27, 2011 8:30pm
Quoting wormboy
EurUsd

1. long @4024 sl @3975 (2.0)

Closed partial

EurUsd

1. long @4024 closed @4052 (1.0)


Remaining stop amended.

EurUsd

1. long @4024 sl @4027 (1.0)
Thank You
  • #10,109
  • Mar 28, 2011 2:00am Mar 28, 2011 2:00am
Quoting wormboy
Closed partial

EurUsd

1. long @4024 closed @4052 (1.0)


Remaining stop amended.

EurUsd

1. long @4024 sl @4027 (1.0)

Remaining trade closed.

EurUsd

1. long @4024 closed @4056 (1.0)
Thank You
  • #10,110
  • Mar 28, 2011 2:21am Mar 28, 2011 2:21am
EurUsd

1. short @4041 sl @4250 (2.0)
Thank You
  • #10,111
  • Mar 28, 2011 2:23am Mar 28, 2011 2:23am
morning fellas.... i hope your weekend was as good as mine!!

but now.. back to work.

I don't have anything really interesting to say today, as PA is not clear. I was calling long last week (and higher we went.. but suddenly on friday USD gained some unexpected strenght... sending our poor EUR and GBP down.

Looking at the higher TF of course EU is still in bull mode and now it's testing some LTL and the 1.4030 (1.4000) S/R level. hopefully from there we will be able to get some more clue of what the pair want to do. We opened the week under weekly pivot and daily pivot... which in the short term might suggest to sell the cross... but i doubt i will do it till i will have some more valid reason for it.

As for GU the situation is a bit more complicated. we are now testing (actually we are piercing) the rock level 5980 trading a little below it. not sure the level will be taken that easily on monday morning at LO, but as i have been saying since last week.. cable is showing some weakeness on different levels... so eventually the bulls will have to work more to send up the price.

as usual comments are welcome...
I don't want a job, i want money!
  • #10,112
  • Mar 28, 2011 3:20am Mar 28, 2011 3:20am
Hello,

my point of view on EU is EU on HTF is bullish, currently I am long from 1.4070 with 1st TP around 1,41. Because the fundies dont look good for EU I am looking for 3rd tap on downward TL whis is around 1,4180 where my last TP is. 1st hour from london give me the clue that price was test asia low, but was stopped 15pips from low 1.4020 and reverse, candle closed bullish and now we create Hhigh.

good luck to all

Quoting dario1002
morning fellas.... i hope your weekend was as good as mine!!

but now.. back to work.

I don't have anything really interesting to say today, as PA is not clear. I was calling long last week (and higher we went.. but suddenly on friday USD gained some unexpected strenght... sending our poor EUR and GBP down.

Looking at the higher TF of course EU is still in bull mode and now it's testing some LTL and the 1.4030 (1.4000) S/R level. hopefully from there we will be able to get some more clue of what the pair want to do. We opened the week under weekly...
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  • #10,113
  • Mar 28, 2011 4:04am Mar 28, 2011 4:04am
Quoting scurt
Hello,

my point of view on EU is EU on HTF is bullish, currently I am long from 1.4070 with 1st TP around 1,41. Because the fundies dont look good for EU I am looking for 3rd tap on downward TL whis is around 1,4180 where my last TP is. 1st hour from london give me the clue that price was test asia low, but was stopped 15pips from low 1.4020 and reverse, candle closed bullish and now we create Hhigh.

good luck to all

big wave 4H candle ... plus my friend watch out for the level 4075ish... it was previous S/R area (minor)... and yet we weren't able to break that area.
I don't want a job, i want money!
  • #10,114
  • Mar 28, 2011 6:40am Mar 28, 2011 6:40am
Quoting Pips 4 All
Wormboy,

How is it possible for you to close out partial trades with fxcm? FXCM does not allow it in my country... i cannot close a trade partialy and if i take the reverse position (say half the size) i pay spread again and have two trades running in the opposite directions until i close them...

How does it work for you? Which branch of FXCM is allowing you to close partial trades?
Don't mean to interfere but, ofcourse you can.

You go to your open trade, left-click at the rate under the 'close' column and then a box pops up and asks you what amount from your position you want to close. Although you can do as per above, you cannot set different TP/SL for different amounts within the same lot.

Hope this helps.
  • #10,115
  • Mar 28, 2011 8:50am Mar 28, 2011 8:50am
Quoting wormboy
EurUsd

1. short @4041 sl @4250 (2.0)

Trade closed.

EurUsd

1. short @4041 closed @4081 (2.0)
Thank You
  • #10,116
  • Mar 28, 2011 8:52am Mar 28, 2011 8:52am
Reversed

EurUsd

1. long @4081 sl @3945 (3.0)
Thank You
  • #10,117
  • Mar 28, 2011 8:57am Mar 28, 2011 8:57am
Hi Wormie,

cold I ask you about your targets on EU? I am still long from 1,4070, almost closed at my SL (asia low 1,4020), now currently long on cable too, enter on DOJI 1H TF at 1,5956 with SL at BE+5



Quoting wormboy
Reversed

EurUsd

1. long @4081 sl @3945 (3.0)
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  • #10,118
  • Mar 28, 2011 9:12am Mar 28, 2011 9:12am
Quoting scurt
Hi Wormie,

cold I ask you about your targets on EU? I am still long from 1,4070, almost closed at my SL (asia low 1,4020), now currently long on cable too, enter on DOJI 1H TF at 1,5956 with SL at BE+5
hey buddy

nice entry you got there
If you ask me, I'll tell you I'd love for price to test 4335 level.
But realistically I just want to see price clear 4130 level today before deciding if I should hold on to this trade or not.
Here's why, the W1 rising wedge had got my head turned, it's not valid yet as any rule of breakout you'd want price to properly clear the lines but earlier in the day the euro was trading below, perhaps a little greed on my part was the reason I held on to the short
Anyway, atm the pattern is not valid yet. But when it is valid, so is the double top.
Just a heads up, might take a little while to develop.
Good luck.
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Thank You
  • #10,119
  • Mar 28, 2011 10:20am Mar 28, 2011 10:20am
thanks a lot, as always very usefull

Quoting wormboy
hey buddy

If you ask me, I'll tell you I'd love for price to test 4335 level.
But realistically I just want to see price clear 4130 level today before deciding if I should hold on to this trade or not.
Here's why, the W1 rising wedge had got my head turned, it's not valid yet as any rule of breakout you'd want price to properly clear the lines but earlier in the day the euro was trading below, perhaps a little greed on my part was the reason I held on to the short
Anyway, atm the pattern is not valid yet....
  • #10,120
  • Mar 28, 2011 10:26am Mar 28, 2011 10:26am
worm got a comment for cable?
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