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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #10,121
  • Mar 28, 2011 10:52am Mar 28, 2011 10:52am
Quoting wormboy
Reversed

EurUsd

1. long @4081 sl @3945 (3.0)
Nope.

EurUsd

1. long @4081 closed @4097 (3.0)
Thank You
  • #10,122
  • Mar 28, 2011 11:02am Mar 28, 2011 11:02am
Quoting Orbital
worm got a comment for cable?
hi orb

well nothing surprising tbh, immediate trend is still bearish but i/d is still atm bullish.
A small divergence seem to be building on the m5 but not valid yet tho. Worth to keep an eye on in case planning for a short.
Have a good one!
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Thank You
  • #10,123
  • Mar 28, 2011 11:24am Mar 28, 2011 11:24am
Quoting wormboy
hi orb

well nothing surprising tbh, immediate trend is still bearish but i/d is still atm bullish.
A small divergence seem to be building on the m5 but not valid yet tho. Worth to keep an eye on in case planning for a short.
Have a good one!
Thanks mate!

Im looking at these zones and appropriate Priceaction to setup a buy. Very bullish on cable actually based on daily and weekly shape right now. Might all change within the days though.

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  • #10,124
  • Mar 29, 2011 2:20am Mar 29, 2011 2:20am
Morning fellas

yesterday's bear attempt to crush down our beloved currency kinda failed, especially for EU... so here we are again.

EU showed that 4030 is being well defended by bulls and that they are not going to give it up the level so easily... in fact we are again at 4130 and things are lining up in order to push price still up. Won't be surprised if it will be a bullish day. The rising wedge on the weekly that Azim posted yesterday didn't trigger (that would have been bad for the currency) and now we are a little under the UTL that could give us a nice daily bullflag. Yet the strong level we have over us (assuming that we pass 4130 that easily, which isn't necessarily so) is 4220ish... but if the bullflag triggers.. we might see 43 in the coming days.

Again GU is showing signs of weakness itself... the level 5980 is holding.. but we are dangerously there. don't know how long it will hold and if it goes.. i believe it will be the trigger for that daily bearish divergence pointed out by Navin and Azim in the past days.

Trade safe guys... and don't push it too much.. we are at the end of the month
I don't want a job, i want money!
  • #10,125
  • Mar 29, 2011 3:16am Mar 29, 2011 3:16am
Quoting dario1002
Morning fellas
Eu & Gu bulls won't go far. Big kaboom coming.
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  • #10,126
  • Mar 29, 2011 3:18am Mar 29, 2011 3:18am
Quoting wormboy
Eu & Gu bulls won't go far. Big kaboom coming.

that is what i was watching... why don't u think it will break?
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I don't want a job, i want money!
  • #10,127
  • Mar 29, 2011 3:23am Mar 29, 2011 3:23am
Quoting dario1002
that is what i was watching... why don't u think it will break?
7.
Plus a move that starts in asia very rarely last throughout the day. I'm willing to sit this one out, way too much risk buying here.
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  • #10,128
  • Mar 29, 2011 3:27am Mar 29, 2011 3:27am
Quoting wormboy
7.
Plus a move that starts in asia very rarely last throughout the day. I'm willing to sit this one out, way too much risk buying here.

i have the same line @4142

and i am not buying as well.. i wanted PA to clear weekly pivot and monthly r1... but last hourly candle stopper right there and now it's not doing anything, even though eurx is printing new highs.
I don't want a job, i want money!
  • #10,129
  • Mar 29, 2011 3:32am Mar 29, 2011 3:32am
Quoting wormboy
7.
Plus a move that starts in asia very rarely last throughout the day. I'm willing to sit this one out, way too much risk buying here.
waiting for trendline break?
  • #10,130
  • Mar 29, 2011 4:04am Mar 29, 2011 4:04am
Morning All

Wot I'm seeing on EU

short from 14130
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  • #10,131
  • Mar 29, 2011 4:12am Mar 29, 2011 4:12am
Quoting wormboy
7.
Plus a move that starts in asia very rarely last throughout the day. I'm willing to sit this one out, way too much risk buying here.
And there you have it. Lower low printed after the 7. Still waiting for a top to form before I short this tho. Position is still flat.
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  • #10,132
  • Mar 29, 2011 4:13am Mar 29, 2011 4:13am
Quoting chazzle
Morning All

Wot I'm seeing on EU

short from 14130
morning chaz

No stop loss?
Thank You
  • #10,133
  • Mar 29, 2011 4:21am Mar 29, 2011 4:21am
Shorting this from 1,4147 and 1,4134 because of touch breakupward TL looking for three drive pattern with target around 1,3980 sl above downward TL around 1,4196
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  • #10,134
  • Mar 29, 2011 4:26am Mar 29, 2011 4:26am
Quoting wormboy
morning chaz

No stop loss?
I will give it 60 - sl @ 14190 - which would clear a lot of those stumpy little H4 candles in the area at the top of the chart here and a clear break of Resistance @ 14170 and the TL... and looking for 90 ... taking us back to those consolidation areas in the blue boxes :
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  • #10,135
  • Mar 29, 2011 4:46am Mar 29, 2011 4:46am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Let's buy EURUSD for some scalps :-)
  • #10,136
  • Mar 29, 2011 4:47am Mar 29, 2011 4:47am
Quoting ams
Let's buy EURUSD for some scalps :-)
target yesterday high?
  • #10,137
  • Mar 29, 2011 4:49am Mar 29, 2011 4:49am
Quoting wormboy
And there you have it. Lower low printed after the 7. Still waiting for a top to form before I short this tho. Position is still flat.

am with u on that..also keep an eye on audusd..
that looking good for short..major bearish diverence bro..
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  • #10,138
  • Mar 29, 2011 4:52am Mar 29, 2011 4:52am
hmmm so i am the last bull in the room for the pair

well i am getting prepared to learn my lesson and to be in my place
I don't want a job, i want money!
  • #10,139
  • Mar 29, 2011 4:53am Mar 29, 2011 4:53am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
41300 I reckon or more perhaps...it won't be easy to fade this UP trend in euro...one of the PIGS is in the cooking (spain) until that's finalised keep buying the dips.



Quoting chazzle
target yesterday high?
  • #10,140
  • Mar 29, 2011 5:11am Mar 29, 2011 5:11am
Quoting ams
..one of the PIGS is in the cooking (spain)
well I am partial to a little chorizo myself
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