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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #12,081
  • May 9, 2011 9:42am May 9, 2011 9:42am
Quoting Ifty
Got too many things happening atm so not being able to concentrate on daily trading so have been trading on HTF's in the last few months. It has taught me a lot of patience and produced decent results. However, missing the daily discussions with you guys but that's life I suppose.
ah Ifty...keep those gloves punching mate. ...
X
All systems of divination, like music itself,work through patterns.
  • #12,082
  • May 9, 2011 9:47am May 9, 2011 9:47am
Quoting wormboy
4335 was it vlady. We done for the week.

Next minor I have is @4258, major @4195. Let's leave some for next week
Check 1 @4258, locked bep +50
Thank You
  • #12,083
  • May 9, 2011 9:50am May 9, 2011 9:50am
Quoting kaspopsicle
Dogs? ...scratch.. now observing 20 ema.

Whee..hoo cably..

Bear Wormie?

The dancing sort.............
you got it !
Attached Image
Thank You
  • #12,084
  • May 9, 2011 9:53am May 9, 2011 9:53am
Quoting kaspopsicle
ah Ifty...keep those gloves punching mate. ...
X
Thanks Kas hope you are well my friend.
You've got to be IN IT to WIN IT!
  • #12,085
  • May 9, 2011 10:06am May 9, 2011 10:06am
Quoting chazzle
Long 163 SL 162
charles .. flip to the H8 & have a look. That massive H&S is now valid. HTF overrules LTF anyday mate. Best to sell rallies.

Good luck
Thank You
  • #12,086
  • May 9, 2011 10:10am May 9, 2011 10:10am
Quoting wormboy
you got it !
sweet, thanks , he/shes digging his/her heels and his toes in again.adding at313/ 320..but entry will be manual. ..still dont dare do PO
All systems of divination, like music itself,work through patterns.
  • #12,087
  • May 9, 2011 10:15am May 9, 2011 10:15am
Quoting kaspopsicle
sweet, thanks , he/shes digging his/her heels and his toes in again.adding at313/ 320..but entry will be manual. ..still dont dare do PO
you're welcome

as long as price stays below 357 you got nothing to worry about.
I don't really like pending order either, prefer price alert. The last alert on euro got me off to check my remaining euro here as well. I'll be back when we hit 4195, or else it's bep +50 & June

bye
Thank You
  • #12,088
  • May 9, 2011 10:19am May 9, 2011 10:19am
Quoting chazzle
Long 163 SL 162
close 16320 - well , leaves me about BE for the new week , give or take a couple of pips
  • #12,089
  • May 9, 2011 10:21am May 9, 2011 10:21am
Quoting wormboy
charles .. flip to the H8 & have a look. That massive H&S is now valid. HTF overrules LTF anyday mate. Best to sell rallies.

Good luck
out of it now mate - had a long bias , but don't want to get too attached
  • #12,090
  • May 9, 2011 10:28am May 9, 2011 10:28am
Great posts Wormboy,
I'm very impressed
Thanks for helping along the way!

Quoting wormboy
you're welcome

as long as price stays below 357 you got nothing to worry about.
I don't really like pending order either, prefer price alert. The last alert on euro got me off to check my remaining euro here as well. I'll be back when we hit 4195, or else it's bep +50 & June

bye
  • #12,091
  • May 9, 2011 10:44am May 9, 2011 10:44am
Quoting wormboy
you're welcome

as long as price stays below 357 you got nothing to worry about.
I don't really like pending order either, prefer price alert. The last alert on euro got me off to check my remaining euro here as well. I'll be back when we hit 4195, or else it's bep +50 & June

bye
Thank you so much 4 being you...

....i will bring a dancing horse around one of these days...

ah..the 313 turned into 331..
i blame it on the beer.
X
All systems of divination, like music itself,work through patterns.
  • #12,092
  • May 9, 2011 10:57am May 9, 2011 10:57am
Short 16345 SL 16370
  • #12,093
  • May 9, 2011 11:11am May 9, 2011 11:11am
going short aussie / kiwi turned out to be idea, and here's why, good thing I had a dragon trade break out my way and quickly skimmed profits before it turned ugly.

That kinda reinforces the point that you always gotta check larger TF before even considering a trade setup.

http://img824.imageshack.us/img824/6417/nzdusdd1.png
  • #12,094
  • May 9, 2011 11:55am May 9, 2011 11:55am
Quoting chazzle
Short 16345 SL 16370
closing at BE
  • #12,095
  • Edited 1:22pm May 9, 2011 1:08pm | Edited 1:22pm
Short 16370 - fib "line in the sand" (78%) at 16380 ish (LO to DL) , H1 TL resistance and also PA resistance - SL 16390
  • #12,096
  • May 9, 2011 1:41pm May 9, 2011 1:41pm
Quoting chazzle
SL 16390
Exit @ SL - fair to say there's a bit of a rebound going on
  • #12,097
  • May 9, 2011 5:21pm May 9, 2011 5:21pm
I'm long from 16390 SL 16150

D1 about to print a nice hammer , hidden bullish div./o/sold and in an uptrend ...
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  • #12,098
  • May 9, 2011 5:28pm May 9, 2011 5:28pm
Quoting chazzle
Exit @ SL - fair to say there's a bit of a rebound going on
hi charles,

i would have waited for the hourly to become overbought so i would be able to put my stop behind yesterdays high at around 1.6410 or thereabout...just my humble opinion. that way a stop entry would see me go in with the flow at about 1.6380....what do u think?
  • #12,099
  • May 9, 2011 5:32pm May 9, 2011 5:32pm
Quoting chazzle
I'm long from 16390 SL 16150

D1 about to print a nice hammer , hidden bullish div./o/sold and in an uptrend ...

yeah a hammer seems to have formed on the daily but the MACD still printed a tick lower so i see the bears giving it a decent fight still....

always appreciate ur opinion as i am a noob
  • #12,100
  • May 9, 2011 5:40pm May 9, 2011 5:40pm
Quoting lechidi
hi charles,

i would have waited for the hourly to become overbought so i would be able to put my stop behind yesterdays high at around 1.6410 or thereabout...just my humble opinion. that way a stop entry would see me go in with the flow at about 1.6380....what do u think?
To be honest , it was too tight a stop for the PA - a dodgy trade , but I see what you mean , I've just had a look at the charts - yeah , I think it makes sense ...
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