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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #11,921
  • May 6, 2011 1:19am May 6, 2011 1:19am
USDX broke recent high now onwards to april high, which looks like a temp resistance only anyway.
  • #11,922
  • May 6, 2011 1:20am May 6, 2011 1:20am
GU onwards to 6300 which is a stron weekly call area and will offer temp support, however current levels wont hold. red bars before news release = not good.
  • #11,923
  • May 6, 2011 1:23am May 6, 2011 1:23am
Quote
thanks for comments, will stand aside till next week, just observe PA and NFP.

that probably is single best strategy for today.
  • #11,924
  • May 6, 2011 1:24am May 6, 2011 1:24am
GU weekly S2 6313
  • #11,925
  • May 6, 2011 1:26am May 6, 2011 1:26am
Quoting ruffryders
USDX broke recent high now onwards to april high, which looks like a temp resistance only anyway.
looking at 7450 to break and hold for more $ upside , but strong chance is forming double top , in a downtrend
  • #11,926
  • May 6, 2011 1:33am May 6, 2011 1:33am
Quote
but strong chance is forming double top , in a downtrend

yes sir!
  • #11,927
  • May 6, 2011 1:40am May 6, 2011 1:40am
Quoting chazzle
Long 16357 SL 16277
Closing 16387
  • #11,928
  • May 6, 2011 1:42am May 6, 2011 1:42am
Quoting chazzle
looking at 7450 to break and hold for more $ upside , but strong chance is forming double top , in a downtrend
7413 and 7435 are strong levels.... we were discussing those levels some weeks agon... a re-test was needed, but i don't think we will break it too easily. Historically that was an important line in the sand... It's definitely too early to scream at some change in trend!!

EDIT: and by the way... eurx at 112 ... another SR level... As i told i'm not going to trade today, but if i were i wouldn't be looking for short
I don't want a job, i want money!
  • #11,929
  • May 6, 2011 1:42am May 6, 2011 1:42am
light crude up for 88 soon.

http://img828.imageshack.us/img828/9...udejunem15.png
  • #11,930
  • May 6, 2011 1:45am May 6, 2011 1:45am
Quote
but if i were i wouldn't be looking for short

only looking to enter long today, however don't like GU PA, so will stick with the european biarch today.
  • #11,931
  • May 6, 2011 1:46am May 6, 2011 1:46am
Quoting vilas
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 !
Quoting chazzle
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
Quoting Marquis
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!

cheers fellas!
Thank You
  • #11,932
  • May 6, 2011 1:48am May 6, 2011 1:48am
Quoting dario1002
7413 and 7435 are strong levels....
7390 looks possible today
  • #11,933
  • May 6, 2011 1:51am May 6, 2011 1:51am
Azim , would you say you are better at shorts than longs?
  • #11,934
  • May 6, 2011 1:51am May 6, 2011 1:51am
Quoting ruffryders
light crude up for 88 soon.

http://img828.imageshack.us/img828/9...udejunem15.png
pretty crazy stuff tbh. what is it down now almost $5? I think the easy money would be to just long dollar against the rest. No wait, nfp ... lol
Anyway here's the level on the usdx


Quoting wormboy

Tower bottom forming nicely there, still need to clear 74.48 to confirm a full blown reversal tho. Could well take the eu deep into 1.44
Thank You
  • #11,935
  • May 6, 2011 1:52am May 6, 2011 1:52am
Quoting chazzle
Azim , would you say you are better at shorts than longs?
everyone is better at selling bro!
Thank You
  • #11,936
  • May 6, 2011 1:53am May 6, 2011 1:53am
Dario, good spotting, here' IEURX chart dispatch

http://img814.imageshack.us/img814/2168/ieurxh1.png
  • #11,937
  • May 6, 2011 1:55am May 6, 2011 1:55am
Quoting wormboy
everyone is better at selling bro!
call me mr thickie , but I don't get it
  • #11,938
  • May 6, 2011 1:58am May 6, 2011 1:58am
Quoting chazzle
call me mr thickie , but I don't get it
I think when it comes to cable...when u sell your likely to make more pips..the some b*tch falls quick rises slow

anyways this is my positions in this mess
Attached Image (click to enlarge)
Click to Enlarge Name: chart2.jpg Size: 110 KB
  • #11,939
  • May 6, 2011 2:01am May 6, 2011 2:01am
IEURX D1 EW, eyeing 114, however won't stake my bank acc on it.

http://img36.imageshack.us/img36/962/ieurxew.png
  • #11,940
  • May 6, 2011 2:02am May 6, 2011 2:02am
Quoting nAVIN2007
anyways this is my positions in this mess
Wassup Nav - good to see you

seems like everything falls quicker than it rises
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