The WoRmHoLe | Page 539 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Better-than-the-wormhole 555 replies

Attachments: The WoRmHoLe
Exit Attachments

The WoRmHoLe

  • #10,761
  • Apr 8, 2011 1:01am Apr 8, 2011 1:01am
Quoting chazzle
SL hit - then right back up - new quake in Japan and Tsunami warning - going short from same level (8505) SL 8540
Closed 8514 - looks supported now at 85
  • #10,762
  • Apr 8, 2011 1:02am Apr 8, 2011 1:02am


Quoting Rapid
We are actually the computer programme which trade 24 hours a day.
Evolution have made us capable of chatting on forums too. The avatar you are seeing is actually a graphical presentation of our chip memory card.

tut tut tut.....have a nice day.....tut tut tut...
  • #10,763
  • Apr 8, 2011 1:08am Apr 8, 2011 1:08am
Quoting scurt
Morning fellas,
could I ask you? you are here with me on london, then NY, then i am going to sleep but you trade asia too???.... when you guys are sleeping?????????

that was my point exactly... waited yesterday for the break on the upside during london ans US session.. and it happened during asian session while i was sleeping... the bi@tch
I don't want a job, i want money!
  • #10,764
  • Apr 8, 2011 1:15am Apr 8, 2011 1:15am
well for me the PA was quite crystal clear , because there was false BO, the 4h candle make reverse and close was higher, there was llow, hhigh and looong wick. The only why I was really nervous was that three traders which I have in much respect was standing on the other side... I am so glad that I stick to my rules and thats why when I wake up was so happy. because I stick to my rules and I am proud on myself

Quoting dario1002
that was my point exactly... waited yesterday for the break on the upside during london ans US session.. and it happened during asian session while i was sleeping... the bi@tch
Attached Image (click to enlarge)
Click to Enlarge Name: cable.jpg Size: 171 KB
  • #10,765
  • Apr 8, 2011 1:25am Apr 8, 2011 1:25am
Quoting scurt
well for me the PA was quite crystal clear , because there was false BO, the 4h candle make reverse and close was higher, there was llow, hhigh and looong wick. The only why I was really nervous was that three traders which I have in much respect was standing on the other side... I am so glad that I stick to my rules and thats why when I wake up was so happy. because I stick to my rules and I am proud on myself

congrats my friend... u did right!
just a little heads up.. due to different TF, there are different kind of 4h candles. I watch 3 different charts with 3 different times, so that i can check different 4h charts. The most reliable in my opinion is the 4h that close according to London time (meaning 6-10-14-18 london time). On the other side i was looking at the same thing as u, i had that higher TL that got broken, retested and then sent price up. That is what i was waiting for... but at the end of the day.. it counts just how many pips u made.. and so far i made 0, so once more, congrats

(by the way.. do u remember the video i posted from prince of persia yesterday? well... i did exactly like that)
I don't want a job, i want money!
  • #10,766
  • Apr 8, 2011 1:36am Apr 8, 2011 1:36am
yep, remember, was funny video and pity also, anyway better to finish the day at BE than lose. anyway we all know what feeling it is but better trades are on the way , the different TF you wrote is true, but I am stick with mine because it works for me for many months. thank you for your appreciation

Quoting dario1002
congrats my friend... u did right!
just a little heads up.. due to different TF, there are different kind of 4h candles. I watch 3 different charts with 3 different times, so that i can check different 4h charts. The most reliable in my opinion is the 4h that close according to London time (meaning 6-10-14-18 london time). On the other side i was looking at the same thing as u, i had that higher TL that got broken, retested and then sent price up. That is what i was waiting for... but at the end of the day.. it counts just how...
  • #10,767
  • Apr 8, 2011 2:19am Apr 8, 2011 2:19am
Quoting chazzle
Scalping short GU from 16387 - I don't think we'll see 16400 before LO. SL 16425
Got greedy - BE
  • #10,768
  • Apr 8, 2011 2:50am Apr 8, 2011 2:50am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Got out last night as market was dull and was not much to my liking... no reason for me to go long at this price or even 63. Would love 1.60 though

I am selling again with SL 164700. I know going against the trend yadaa yadaa but hey it's me taking the opposite side for a small SL. Will short euro too if it goes below 4390 before the day ends.


ta
ams

Quoting ams
Did I do anything wrong there Nav?

I am short but thinking of getting out now, did my weekly quota today itself. It's clown market out there. No real interest of buying, everything too high look at oil, gold etc but still freakin fed keeps bidding. Market is way too short now but all these dodgy, cosmetic (fed) bids are preventing it from tanking.

ta
ams
  • #10,769
  • Apr 8, 2011 2:58am Apr 8, 2011 2:58am
ok fellas... considering that i missed the move up and i am NOT buying @ 1.6417 GU or @ 1.4420 EU... i am doing some research for the coming days. Here is my though:

Eur really seems to be unstoppable... dollar is gettin weaker and weaker and usdx is really crushing down. 74.90 is almost the last stand before 74.17 and then the oblivion. we are currently at 75.10 so we have little more room down where i believe that US dollar will show some resistence.

GU is still not showing much strenght itself.. just getting advantage of the dollar weakeness. We actually pierced the previous high just in this last hour but still i am not sure this range is done. due to the extreme low of USDX and what i told before.. i bet we will see some retracement before eventually get this level past.

as usual comments are welcome and keep in mind that in this post i am referring to the coming days
I don't want a job, i want money!
  • #10,770
  • Apr 8, 2011 3:00am Apr 8, 2011 3:00am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Like your analysis, you are vouched!!


ta
ams

Quoting dario1002
ok fellas... considering that i missed the move up and i am NOT buying @ 1.6417 GU or @ 1.4420 EU... i am doing some research for the coming days. Here is my though:

Eur really seems to be unstoppable... dollar is gettin weaker and weaker and usdx is really crushing down. 74.90 is almost the last stand before 74.17 and then the oblivion. we are currently at 75.10 so we have little more room down where i believe that US dollar will show some resistence.

GU is still not showing much strenght itself.. just getting advantage of the dollar weakeness....
  • #10,771
  • Apr 8, 2011 3:08am Apr 8, 2011 3:08am
Quoting ams
Like your analysis, you are vouched!!


ta
ams
thanks mate... this week so far i netted 7 pips and 2 vouches... i can call it a week!!

didn't take any trade yesterday and due to limited screen time for today i am not sure i will take any trade (fridays....)
I don't want a job, i want money!
  • #10,772
  • Apr 8, 2011 3:17am Apr 8, 2011 3:17am
Quoting dario1002
thanks mate... this week so far i netted 7 pips and 2 vouches... i can call it a week!!

didn't take any trade yesterday and due to limited screen time for today i am not sure i will take any trade (fridays....)
i got killed shorting..i should have done commentary in cable thread instead
  • #10,773
  • Apr 8, 2011 3:25am Apr 8, 2011 3:25am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
After the news is the time to short suckers if not more than 2.2, they have taken all the longs on-board nothing left. Time to retrace and dollar is sold in Asia for whatever bizzare govt shutdown reason which ain't happening...US govt shutdown my ars*

ta
ams

Quoting nAVIN2007
i got killed shorting..i should have done commentary in cable thread instead
  • #10,774
  • Apr 8, 2011 3:28am Apr 8, 2011 3:28am
FYI.....US gvt shutdown is not a new thing. It happened before..

Quoting ams
After the news is the time to short suckers, they have taken all the longs on-board nothing left. Time to retrace and dollar is sold in Asia for whatever bizzare govt shutdown reason which ain't happening...US govt shutdown my ars*

ta
ams
  • #10,775
  • Apr 8, 2011 3:29am Apr 8, 2011 3:29am
LONG 1.6391 SL 1,6380 looking for TP 1,6440-50 simply because of PA
  • #10,776
  • Apr 8, 2011 3:32am Apr 8, 2011 3:32am
Quoting wormboy
Closed partial

GBPUSD

1. long @6351 closed @6386 (1.0)


Remaining trade unchanged.

GBPUSD

1. long @6351 sl @6230 (1.0)
Remaining stop amended.

GBPUSD

1. long @6351 sl @6355 (1.0)
Thank You
  • #10,777
  • Apr 8, 2011 3:37am Apr 8, 2011 3:37am
Quoting ams
After the news is the time to short suckers if not more than 2.2, they have taken all the longs on-board nothing left. Time to retrace and dollar is sold in Asia for whatever bizzare govt shutdown reason which ain't happening...US govt shutdown my ars*

ta
ams
I see continuation bro, 1.65 today is possible

Be careful & Good luck
Attached Image (click to enlarge)
Click to Enlarge Name: gu1a.gif Size: 19 KB
Thank You
  • #10,778
  • Apr 8, 2011 3:45am Apr 8, 2011 3:45am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I know I am acting smart and might get burned but have to take my chances here....BOE will raise rates when they will raise for now it's ecb who has done the job. It's negetive for the pound as inflation is high but they are not raising rates. If it goes below 16380 I'll put a my SL to BE got 2 one at 6410 another at 64250 on the rise at the moment Sl is at 6470. It's hard when you and me are both on other sides, Thanks for the chart Wormie!!


Quoting wormboy
I see continuation bro, 1.65 today is possible

Be careful & Good luck
  • #10,779
  • Apr 8, 2011 3:50am Apr 8, 2011 3:50am
Quoting ams
I know I am acting smart and might get burned but have to take my chances here....BOE will raise rates when they will raise for now it's ecb who has done the job. If it goes below 16380 I'll put a my SL to BE got 2 one at 6410 another at 64250 on the rise at the moment Sl is at 6470. It's hard when you and me are both on other sides, Thanks for the chart Wormie!!
No, from ta point of view, you selling here does make sense (w1 pvp R3), just seeing so much strength printed, fading the move now doesn't look that attractive to me just yet. I'll no doubt start to sell when I see weakness, you know me, I switch wherever the wind blows
Thank You
  • #10,780
  • Apr 8, 2011 3:54am Apr 8, 2011 3:54am
sl set to BE, dont like this close on H1, if it will be bearish candle I will go short...

EDIT: close on H1 isn`t so bad for longs, still keeping my longs with SL at BE

Quoting scurt
LONG 1.6391 SL 1,6380 looking for TP 1,6440-50 simply because of PA
7 traders viewing now