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The WoRmHoLe

  • #12,201
  • May 11, 2011 6:53am May 11, 2011 6:53am
Quoting ruffryders
6560-6580 going ss before than is not highly recommended. why go ss if GU is only gaining momentum?
because cable goes p*issy poos when shes been driving fast..
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All systems of divination, like music itself,work through patterns.
  • #12,202
  • May 11, 2011 6:54am May 11, 2011 6:54am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Maybe but for now it's only UP I would not even think of shorting it below 6450.
Cable has come this far due to EG being sold. and it has done it's ATR for today. However, if dollar is sold then it might do another 40-50 pips easy and target would be 6590.

ta
ams


Quoting primzvicious


agree...

but my view if 520 area could hold there is a chance we retest 410 again...
  • #12,203
  • May 11, 2011 7:01am May 11, 2011 7:01am
PO no triggered yet... view didn't change...

we are not over WP and MP... we are crossing it... and yet we are far from complete the operation and clear both these levels... of course if the day will close with PA on these MA's... that's another story. We would have a good reversal pattern pointing north.

but i think that a patter is not formed.... till it's formed smart ain't it?
I don't want a job, i want money!
  • #12,204
  • May 11, 2011 7:05am May 11, 2011 7:05am
Quoting ams
Maybe but for now it's only UP I would not even think of shorting it below 6450.
Cable has come this far due to EG being sold. and it has done it's ATR for today. However, if dollar is sold then it might do another 40-50 pips easy and target would be 6590.

ta
ams
well at least my scalping position look great atm
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Verily, in every difficulties there is relief
  • #12,205
  • May 11, 2011 7:10am May 11, 2011 7:10am
Quoting primzvicious
well at least my scalping position look great atm
i like the word scalping he he he
  • #12,206
  • May 11, 2011 7:13am May 11, 2011 7:13am
Quoting ams
GU is above monthly pivot, weekly pivot and you want to sell?


ta
ams
It's not above yet mate. I posted this earlier, this was before King.
Stopped dead on the level, let's see what happens once the news is digested
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Thank You
  • #12,207
  • May 11, 2011 7:13am May 11, 2011 7:13am
Quoting nAVIN2007
i like the word scalping he he he
sure after holding long from 279 up to 480

this short look like scalping

http://www.forexfactory.com/attachme...1&d=1305107500
Verily, in every difficulties there is relief
  • #12,208
  • May 11, 2011 7:13am May 11, 2011 7:13am
Quoting dario1002
PO no triggered yet... view didn't change...

we are not over WP and MP... we are crossing it... and yet we are far from complete the operation and clear both these levels... of course if the day will close with PA on these MA's... that's another story. We would have a good reversal pattern pointing north.

but i think that a patter is not formed.... till it's formed smart ain't it?

well today it it close anywhere like where it is..its bullish dailly, tomorrow will take use back up me thinks..trade well my friend..
[quote=primzvicious;4609765]sure after holding long from 279 up to 480

this short look like scalping

  • #12,209
  • May 11, 2011 7:29am May 11, 2011 7:29am
Quoting ams
GU is above monthly pivot, weekly pivot and you want to sell?


ta
ams
yes usually i sell below wp and buy above, but for this trade im looking weekly candle and retrace 50% if daily candle close above 50% of last Weekly candle, i will close my short, it will be a small loss because we are near this area, for this moment im in green and 2 last hour candle are more bearish than bullish.
i will change my mind to bullish if we close above this fib 50%.
Trade with the momentum
  • #12,210
  • May 11, 2011 7:42am May 11, 2011 7:42am
hmmm was noticing that normally this thread is not that divided... what is happening... we are falling apart.....!!!!
I don't want a job, i want money!
  • #12,211
  • May 11, 2011 7:48am May 11, 2011 7:48am
Hey Dario, was the PO already triggered?

waiting for close on 4h chart. If it will be nice bearish close, going short too. currently shorting audusd and EU

Quoting dario1002
PO no triggered yet... view didn't change...

we are not over WP and MP... we are crossing it... and yet we are far from complete the operation and clear both these levels... of course if the day will close with PA on these MA's... that's another story. We would have a good reversal pattern pointing north.

but i think that a patter is not formed.... till it's formed smart ain't it?
  • #12,212
  • May 11, 2011 7:49am May 11, 2011 7:49am
Quoting dario1002
hmmm was noticing that normally this thread is not that divided... what is happening... we are falling apart.....!!!!
this is the problem...

so trade what u see not what you expect

bull / bear?
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Verily, in every difficulties there is relief
  • #12,213
  • May 11, 2011 7:51am May 11, 2011 7:51am
Quoting primzvicious
this is the problem...

so trade what u see not what you expect

bull / bear?
i see we are trading the same thing, thinking exactly the same
u are bang on the bull bear fight..but the trend is up instead of down..so unless this is a trend change usd wise..i should be ok..otherwise im f**ked..lol
  • #12,214
  • May 11, 2011 7:52am May 11, 2011 7:52am
Quoting dario1002
hmmm was noticing that normally this thread is not that divided... what is happening... we are falling apart.....!!!!
What about you dario ? flat on Gu ?
Trade with the momentum
  • #12,215
  • May 11, 2011 7:58am May 11, 2011 7:58am
Quoting nAVIN2007
i see we are trading the same thing, thinking exactly the same
u are bang on the bull bear fight..but the trend is up instead of down..so unless this is a trend change usd wise..i should be ok..otherwise im f**ked..lol
didnt i mention on my sentiment...

we are on the same boat...

now im just scalping
Verily, in every difficulties there is relief
  • #12,216
  • May 11, 2011 8:01am May 11, 2011 8:01am
Quoting sailor68
yes usually i sell below wp and buy above, but for this trade im looking weekly candle and retrace 50% if daily candle close above 50% of last Weekly candle, i will close my short, it will be a small loss because we are near this area, for this moment im in green and 2 last hour candle are more bearish than bullish.
i will change my mind to bullish if we close above this fib 50%.
Why i took the trade. three candle (H1) couldn't close above WP, we have confluence of WP/MP and also range of GU. Let see
Stop Loss above Fib 50%
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Trade with the momentum
  • #12,217
  • May 11, 2011 8:04am May 11, 2011 8:04am
Quoting primzvicious
didnt i mention on my sentiment...

we are on the same boat...

now im just scalping
becarefull of the support..might be developing a bull flag

glad u on the same boat
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  • #12,218
  • May 11, 2011 8:09am May 11, 2011 8:09am
Quoting sailor68
What about you dario ? flat on Gu ?
i am looking for a bearish pattern on LTF...SL will be over today's high
I don't want a job, i want money!
  • #12,219
  • May 11, 2011 8:09am May 11, 2011 8:09am
Quoting nAVIN2007
becarefull of the support..might be developing a bull flag

glad u on the same boat


i will

by the way ....

Quoting primzvicious
1.63, 1.64, 1.66, 1.67 lol
theres no 1.65 if this top taken sure there is 1.66
Verily, in every difficulties there is relief
  • #12,220
  • May 11, 2011 8:16am May 11, 2011 8:16am
Quoting dario1002
hmmm was noticing that normally this thread is not that divided... what is happening... we are falling apart.....!!!!
it actually is healthy to have divided opinions once in a while
Thank You
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