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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #12,281
  • May 11, 2011 12:42pm May 11, 2011 12:42pm
Quoting sailor68
Thanks i closed all my short, just a small long on Gu (for this moment in red).
This

Quoting wormboy
here's that hole in the floor pulling everything in. Do not fight it my friends, go with the flow, or stand aside.
Thank You
  • #12,282
  • May 11, 2011 12:50pm May 11, 2011 12:50pm
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Now don't disappear again alright, we need you!!! Trade small lots if u ain't gonna give much profit. This is time to generate tonns of money since trend is reverting for a bit. Atleast for me I know you made boat loads!!!

6280 is major support if it breaks I do not see anything before 158. I expect it to hold. Of course false breakout will be there too.

ta
ams




Quoting wormboy
I'm back & amma be gone mate *poof*. Got me money, time for the vanishing act
Well done on your trades today , as for how deep cable will go today depends ... current price is at the day open@6360. Clear this & 6310 is a certainty.
Not betting on it now since London is out tho. But, you'll never know with these yanks .... sneaky bastards
  • #12,283
  • May 11, 2011 1:12pm May 11, 2011 1:12pm
Quoting wormboy
The dollar had bottomed out bro. All the retest of 74.48 had failed, matter of time it'll close above 75 imo.
Follow up to the charts posted here:
1. http://www.forexfactory.com/showpost...ostcount=12228

75.5 is where the dollar is heading.
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  • #12,284
  • May 11, 2011 1:26pm May 11, 2011 1:26pm
Better hang on to that tenner. I reached a similar conclusion here:

http://www.forexfactory.com/showpost...postcount=1069
Gone to a better place
  • #12,285
  • May 11, 2011 4:07pm May 11, 2011 4:07pm
Quoting chazzle
PO just triggered long cable 16445 SL 16405
Exit at SL
  • #12,286
  • May 12, 2011 1:21am May 12, 2011 1:21am
exit another 1/3 position on AUDUSD at 0610 with sl now at 0660 (thanks to bad number of unemployment

still holding 1/2 position on cable looking for 6250-6260

Quoting scurt
closed 1/2position here at 6364 rest at BE

AUDUSD took profit at 0725 1/3 positon closed, rest BE
Quoting scurt
Short@1,6449 sl 1,6530 TP1 6310 TP2 6250

added to AUDUSD@1,0788 SL0868

on weekly BO upwardTL, then retest...
  • #12,287
  • May 12, 2011 1:25am May 12, 2011 1:25am
GM all,

i closed my long on GU (for +2pips) better to follow the flow (thanks WB).
i just short again aud and euro (according to Usdx and the break of ascending TL for Nzd and Euro) dont know if its a false break,now my SL at Be.
Trade with the momentum
  • #12,288
  • May 12, 2011 1:28am May 12, 2011 1:28am
Quoting scurt
exit another 1/3 position on AUDUSD at 0610 with sl now at 0660 (thanks to bad number of unemployment

still holding 1/2 position on cable looking for 6250-6260
Yes thank you for bad number,on this news i didn't have position, now short aud on the break of Ascending TL.
Trade with the momentum
  • #12,289
  • May 12, 2011 1:47am May 12, 2011 1:47am
Looking to enter fresh new shorts on cable and eu, hope that LO will take as close to DP. Today is UK industrial production, regards of number which is already out looking for bad numbers... if this will be true cable should tank because of rumour about retail sales which are today as well, and weekly unemployment (which is not so heavy release) there should be below 400k because of NFP last week... this and TA where are very nice pinbar shoul take cable to where I need time will tell...

Quoting scurt
exit another 1/3 position on AUDUSD at 0610 with sl now at 0660 (thanks to bad number of unemployment

still holding 1/2 position on cable looking for 6250-6260
  • #12,290
  • May 12, 2011 1:48am May 12, 2011 1:48am
Quoting scurt
Looking to enter fresh new shorts on cable and eu, hope that LO will take as close to DP. Today is UK industrial production, regards of number which is already out looking for bad numbers... if this will be true cable should tank because of rumour about retail sales which are today as well, and weekly unemployment (which is not so heavy release) there should be below 400k because of NFP last week... this and TA where are very nice pinbar shoul take cable to where I need time will tell...

looking for the same thing!!

H&S on cable hourly chart...hope it won't trigger before LO... or i'll have to pass it
I don't want a job, i want money!
  • #12,291
  • May 12, 2011 2:00am May 12, 2011 2:00am
Quoting scurt
Looking to enter fresh new shorts on cable and eu, hope that LO will take as close to DP. Today is UK industrial production, regards of number which is already out looking for bad numbers... if this will be true cable should tank because of rumour about retail sales which are today as well, and weekly unemployment (which is not so heavy release) there should be below 400k because of NFP last week... this and TA where are very nice pinbar shoul take cable to where I need time will tell...
Same here, i closed my short on euro +25 (candle M15 and euro don't follow Gu) wait for a better price, now hold aud and nzd stop also at Be.
Trade with the momentum
  • #12,292
  • May 12, 2011 2:05am May 12, 2011 2:05am
Well done WormB, and thanks for sharing your views.
I did no make any money yesterday but I avoided costly mistakes.
Thanks again for your posts they are clear and help progress!

Quoting wormboy
I just closed it my friend. 12% for the month. Biggest gain to date, feels like I just won the dam lottery!! All smiles now, I am flat across

Well done on your shorts there, go enjoy the money, don't give it away in a hurry!
  • #12,293
  • May 12, 2011 2:08am May 12, 2011 2:08am
Quoting sailor68
Same here, i closed my short on euro +25 (candle M15 and euro don't follow Gu) wait for a better price, now hold aud and nzd stop also at Be.
Usdx we are near resistance
Trade with the momentum
  • #12,294
  • May 12, 2011 2:15am May 12, 2011 2:15am
true test for changing of trend....

we might as well see some retracement and retest of that TL (at around 7940), if it hold... we are about to see a good change in direction for some time
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I don't want a job, i want money!
  • #12,295
  • May 12, 2011 3:20am May 12, 2011 3:20am
Quoting wormboy
how's it going bro, been a while
Doing fine. Been busy rearranging my life a bit. Now focusing on trading a bit more, at least for a while.

How are you, bro? As far as can see your trading is going well. How's the family?

Looking forward to trading with you for a while!
  • #12,296
  • May 12, 2011 3:33am May 12, 2011 3:33am
didn`t enter.... looks like train is gone... dammit

Quoting dario1002
looking for the same thing!!

H&S on cable hourly chart...hope it won't trigger before LO... or i'll have to pass it

GBPUSD closed at 6265

Quoting scurt
exit another 1/3 position on AUDUSD at 0610 with sl now at 0660 (thanks to bad number of unemployment

still holding 1/2 position on cable looking for 6250-6260
  • #12,297
  • May 12, 2011 3:41am May 12, 2011 3:41am
dario, this time I took it
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  • #12,298
  • May 12, 2011 3:42am May 12, 2011 3:42am
Quoting scurt
didn`t enter.... looks like train is gone... dammit
I enter short on dragon (TP 130,20) and Euro (weekly S1).
Trade with the momentum
  • #12,299
  • May 12, 2011 3:45am May 12, 2011 3:45am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Did u buy it wormie..?


Quoting wormboy
dario, this time I took it
  • #12,300
  • May 12, 2011 3:48am May 12, 2011 3:48am
Quoting wormboy
Anyway, jokes aside, I'd like to point out the D1 euro & why I was banging on about the hammer candle alone is not good enough as a reversal pattern, just like the one present on cable. Always look for a strong bullish close after the hammer before calling it a reversal. If cable continues to tank & you look at the D1 and wonder what went wrong with that hammer .... don't.
As I was saying ... the hammer alone, does not mean a reversal. Yesterday euro, today cable.

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