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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #10,981
  • Apr 12, 2011 1:38pm Apr 12, 2011 1:38pm
Quoting nAVIN2007
im actually going to consider scalping myself now im stuck at home..awesome trading bro!..sorry about clouding yur judgement on the short..u were on the money for it!!..bloody cable
Thanks mate , and don't worry about it at all - in fact I think it's a very positive thing that when one of us describes his plan we can get a range of different views from one another , like having 10 pairs of eyes!

The previous day low would be a valid target for a scalp - just this time , it went further ... starting to think H1 and H4 gives more high probability set-ups for scalping than shorter term TFs - because the analysis is the same as for intraday position trading (if that's the right term) that everybody else does , you're just trying to get the sweet part (not the 5-10 hours nailbiting part )

If you can track a few pairs during the day , then all the better and be prepared to watch your your 10-20 pip trades turn into 50+ pip runs that you're not in anymore
  • #10,982
  • Apr 12, 2011 5:04pm Apr 12, 2011 5:04pm
EUR USD Long waiting for my buy signal to be confirmed...

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  • #10,983
  • Apr 12, 2011 7:21pm Apr 12, 2011 7:21pm
Quoting wormboy
EurUsd

1. long @4462 sl @4325 (2.0)

Closed.

EurUsd

1. long @4462 closed @4493 (2.0)
Thank You
  • #10,984
  • Apr 12, 2011 7:24pm Apr 12, 2011 7:24pm
Right, that's yesterday's losses completely sorted.
You can fly now cable
Thank You
  • #10,985
  • Apr 12, 2011 7:29pm Apr 12, 2011 7:29pm
Quoting wormboy
Closed.

EurUsd

1. long @4462 closed @4493 (2.0)
Interessting that you closed early, this one is going much higher up, im just waiting for the bounce of demand if that ever occurs.

Are you in Cable?
  • #10,986
  • Apr 12, 2011 7:36pm Apr 12, 2011 7:36pm
Quoting Orbital
Interessting that you closed early, this one is going much higher up, im just waiting for the bounce of demand if that ever occurs.

Are you in Cable?
Certainly look like it's gonna push higher I agree, but I am trading cable & it's in a drawdown atm. Buying the yoorow off the dp retest was a free gift tbh & I felt that cashing out earlier & recovering from a poor day yesterday does a lot of good for me psychologically. The past 2 days my trading decisions had been poor so I needed that
Thank You
  • #10,987
  • Apr 12, 2011 7:53pm Apr 12, 2011 7:53pm
Quoting wormboy
Certainly look like it's gonna push higher I agree, but I am trading cable & it's in a drawdown atm. Buying the yoorow off the dp retest was a free gift tbh & I felt that cashing out earlier & recovering from a poor day yesterday does a lot of good for me psychologically. The past 2 days my trading decisions had been poor so I needed that
Yeah i got hit very badly on the euro aswell... im up 40 pips on CHFJPY right now but jesus fucking christ i cant get any euro or gbpusd trades right for 24 hours...

EDIT:

btw whats your entry on cable?
  • #10,988
  • Apr 12, 2011 9:14pm Apr 12, 2011 9:14pm
Long GU @ 1.6254 SL @1.6200

Trade reason - attached chart. i find that line to be a strong support.

Long EU @ 1.4462 SL @1.4375

Trade reason - DP @ 1.4459

Yay! my first analysis work and structured trade decision!
Attached Image (click to enlarge)
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  • #10,989
  • Apr 12, 2011 9:43pm Apr 12, 2011 9:43pm
Quoting Orbital
Yeah i got hit very badly on the euro aswell... im up 40 pips on CHFJPY right now but jesus fucking christ i cant get any euro or gbpusd trades right for 24 hours...

EDIT:

btw whats your entry on cable?
my entry was at 1.6318, very ugly
Thank You
  • #10,990
  • Apr 12, 2011 9:49pm Apr 12, 2011 9:49pm
Quoting bidalufias
Long GU @ 1.6254 SL @1.6200

Trade reason - attached chart. i find that line to be a strong support.

Long EU @ 1.4462 SL @1.4375

Trade reason - DP @ 1.4459

Yay! my first analysis work and structured trade decision!
well done bro

The dp on eu so far had held firm. I'm eyeballing the same thing but I would consider buying only at a stronger position. You can see price is in a bottleneck atm & below day open resistance @4480. If price breaks out above the level it'll be a big move up. Got my alert set @1.45, I need to sleep. Hopefully it doesn't breakout before LO

Trade safe
Attached Image (click to enlarge)
Click to Enlarge Name: eu1.gif Size: 26 KB
Thank You
  • #10,991
  • Apr 12, 2011 11:25pm Apr 12, 2011 11:25pm
Thanks.

Understood. Break of that triangle - which could go either way, will somewhat serve as a confirmation of the direction.
  • #10,992
  • Apr 13, 2011 12:39am Apr 13, 2011 12:39am
Wormie wake up!!!
  • #10,993
  • Apr 13, 2011 12:50am Apr 13, 2011 12:50am
I am going Long GBP USD 1.6287 is the entry. 3 Std Lots. Lost a lot of money yesterday, but its fine.. Good days are around the corner.
Reason for entry is seeing very good bullish momentum in the 15 min chart. Also GBP expecting good employment numbers today at 4:30 which i think will trigger to more upside. I am not really happy with the higher time frames for example the daily.
Good luck to me..
By the way stop loss is 1.6235
  • #10,994
  • Apr 13, 2011 1:16am Apr 13, 2011 1:16am
Quoting bidalufias
Wormie wake up!!!

Inserted Video




Sat, nak pi makan dulu. Lapaq
Thank You
  • #10,995
  • Apr 13, 2011 1:42am Apr 13, 2011 1:42am
My CHFJPY long from 92.235 is pretty much counterbalancing other trades of mine and allowing me to be more risky on GU....

God i need euro to break up and retrace so i can reenter it, my fucking setup was not hit... its just going up like crazy....
  • #10,996
  • Apr 13, 2011 2:01am Apr 13, 2011 2:01am
What did I tell ya, big move up. If there were patterns like this everyday, we be kajillionaires lol

Okay knocking on 515, bear's big defence
Thank You
  • #10,997
  • Apr 13, 2011 2:36am Apr 13, 2011 2:36am
good morning fellas

so back to work, after my black tuesday yesterday, where i have to admit that i lost my cool (still not able to get 3 loss in a raw and stay cool), i'm back at work!

Yet again... the only way to go for EU is BUY... we are being in area 4515 (yesterday's high), but as for what i see there is room for a push up at least 4560 without big problems. so Basically i will look for some retracement (the best would be some decent PA around DP) and then go long again and wait for 4560.

as for GU i am still in the same trade of yesterday.. long at 6320 and now the trade looks a bit nicer, or let's say... it looks less sick , thanks to the weakness of dollar. Anyway today we might have another push up (looking very carefully at it and things are getting in motions for it), but... if we will have another bearish day, there will be many chances that we will see 5980 soon.

Trade safe fellas.. and in the unfortunate event of a losing day (as i had yesterday), don't act like a p@ssy (as i did yesterday )
I don't want a job, i want money!
  • #10,998
  • Apr 13, 2011 3:02am Apr 13, 2011 3:02am
EurUsd

1. long @4484 sl @4375 (1.0)
Thank You
  • #10,999
  • Apr 13, 2011 3:07am Apr 13, 2011 3:07am
GU now testing 6270ish and DP.... if it hold wr might see some more upside in the day....
I don't want a job, i want money!
  • #11,000
  • Edited 3:45am Apr 13, 2011 3:33am | Edited 3:45am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
If I had let my trades since yesterday, you guys still haven't been able to take out my 50 pipee SL yet....Thinking of shorting again...

Short 6280, SL 6350, EU 45 SL 45350..

Load of Bulls!!!!

It's scalpers market, we are ranging not making any high's from past 3 days now.
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