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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #11,881
  • May 5, 2011 9:46am May 5, 2011 9:46am
Quoting dario1002
wanna see how EU lose 3 figures in a day???
only 200 pips for the W1 to engulf. methinks it'll happen
Thank You
  • #11,882
  • May 5, 2011 9:49am May 5, 2011 9:49am
Quoting wormboy
only 200 pips for the W1 to engulf. methinks it'll happen

so u think we will see the montly pivot soon?
I don't want a job, i want money!
  • #11,883
  • May 5, 2011 9:54am May 5, 2011 9:54am
Quoting dario1002
so u think we will see the montly pivot soon?
yup

cable H&S neckline is being severely tested too ... sonofabitch I hope it don't tank another 100 pips without me I need the neckline break to confirm
Thank You
  • #11,884
  • May 5, 2011 9:57am May 5, 2011 9:57am
Quoting wormboy
yup

cable H&S neckline is being severely tested too ... sonofabitch I hope it don't tank another 100 pips without me I need the neckline break to confirm
actually in my chart it's already gone
I don't want a job, i want money!
  • #11,885
  • May 5, 2011 10:02am May 5, 2011 10:02am
light crude below 104, it better find support at 100-102, or we are going bananza.
  • #11,886
  • May 5, 2011 10:03am May 5, 2011 10:03am
Quoting dario1002
actually in my chart it's already gone
Yup, it could well be. I reckon I'm gonna pass up on this short I've made enough for the week. Time to weed out the greed. It's starting to creep in

All positions are flat till next week. Good luck to you bro!
Thank You
  • #11,887
  • May 5, 2011 10:04am May 5, 2011 10:04am
Quoting ruffryders
light crude below 104, it better find support at 100-102, or we are going bananza.
yup metal too. I'm quite surprised the eurusd is not @4500 yet
Thank You
  • #11,888
  • May 5, 2011 10:51am May 5, 2011 10:51am
crazy as pins in the making on H1 on metals and light sweet.
  • #11,889
  • May 5, 2011 11:27am May 5, 2011 11:27am
kthanksbye

Inserted Video
Thank You
  • #11,890
  • May 5, 2011 11:41am May 5, 2011 11:41am
Quoting wormboy
yup

cable H&S neckline is being severely tested too ... sonofabitch I hope it don't tank another 100 pips without me I need the neckline break to confirm
Congrats for a Good Day, WB, but after a day like this what is next ? All Fundies gone to oblivion - I see a huge drop coming but can't understand ! No wonder everyone is scared of Forex.

Have a Good Day ! And Dario too who keeps you good company ! I am not a very talkative guy - tongue-tied a bit - so keep to sidelines !

Have FUN !
  • #11,891
  • May 5, 2011 11:42am May 5, 2011 11:42am
would appreciate if some of you guys can share your insight for the NFP. On DXY I see a sharp rebound, week prolly to close on a net-bullish note for the DXY, so that could mean further gains next week as well. For that to happen though NFP should come with a slightly better number or at the excpected level. prolly part of the sell off today was due to risk aversion prior to NFP, some major options levels got triggered. Major put level was at 4600, which happens to be near monthly pivot, prolly meaning we will consolidate near this area for a while. (its also a 50 fib level).

4440 is pretty much a balance between puts/calls, and next strong call area is 4320, so that means it's not likely we will see it break at NFP this Friday.
  • #11,892
  • May 5, 2011 11:45am May 5, 2011 11:45am
GU strong put area at 6400, call area at 6300, so this range likely to stay, however also strong put area at 1.6000, meaning that if 6300 is cleared we will get flushed to 6000 area. Id expect to range 6450-6300 this friday.
  • #11,893
  • May 5, 2011 11:52am May 5, 2011 11:52am
Quoting wormboy
kthanksbye

http://www.youtube.com/watch?v=ElfRoRHuevs
Hey mate , have to say (along with everyone else ) excellent trades and calls - the GU , EU , and GJ - amazing stuff , I couldn't see any of it tbh , so didn't trade it , but trading what I can see , long scalps on GU from down here - I see good support at 360/390
  • #11,894
  • May 5, 2011 11:55am May 5, 2011 11:55am
Quoting ruffryders
would appreciate if some of you guys can share your insight for the NFP.
Here's my insight - if I'm in the zone I'm gonna scalp the shit out of it
  • #11,895
  • May 5, 2011 12:57pm May 5, 2011 12:57pm
hey guys,

I have been a follower on this thread for a while now so I thought it is time to surface and introduce myself. My name is Paolo and I live in London, I have been trading for 2 years and have recently took a 4 month break from trading and have come back with a fresh approach. I just wanted to say a big thank you to WB, Dario, ams and all the other traders who make this a great and informative thread.

onwards and upwards!
Money is the result derived from the execution of a skillset
  • #11,896
  • May 5, 2011 1:57pm May 5, 2011 1:57pm
Long GU 16380 SL 16320
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  • #11,897
  • May 5, 2011 2:02pm May 5, 2011 2:02pm
Long EU 14525 SL 14450
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  • #11,898
  • May 5, 2011 2:14pm May 5, 2011 2:14pm
I believe that what's starting to kick in, is seasonal weakness in commods and rebound on the dollar, EU ultimately will arrive at 1.34, so I'd say the bias could be shifted towards short selling rallies now, instead of buying dips.

major harmonic pattern on EU D1 charts, however ratio is not 0.886, but sqrt of 0.886, which is 0.94 approx, now go on plot the fibs with 0.94 ratio and see where the PA reversed on that european biarch, you'd be surprised.
  • #11,899
  • May 5, 2011 2:26pm May 5, 2011 2:26pm
Quoting wormboy
yup metal too. I'm quite surprised the eurusd is not @4500 yet
All that bollocks about euro to the moon lol
Thank You
  • #11,900
  • May 5, 2011 2:28pm May 5, 2011 2:28pm
DX H4
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