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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #12,341
  • May 12, 2011 9:01am May 12, 2011 9:01am
gold not exactly a text book PB, crude oil across three data feeds perfect H1 PB, let's see how it goes.
  • #12,342
  • May 12, 2011 9:03am May 12, 2011 9:03am
hey man cant call it a PB on EU either.
  • #12,343
  • May 12, 2011 9:04am May 12, 2011 9:04am
Quoting ruffryders
chem bystree tem luchshe, bablo pobejdaet zlo!

eheh thanks... but it doesn't quite answer my question... (for everybody... the sooner the better)
I don't want a job, i want money!
  • #12,344
  • May 12, 2011 9:05am May 12, 2011 9:05am
Quoting ruffryders
hey man cant call it a PB on EU either.

i shorted it.. with just a ridicoulus lot size... will see where it goes...

i shorted because of where it closed.. right under daily open and daily s1, after it pierced... if u add the pinbar on usdx h1 ... it might work.. if not, not much harm done really...
I don't want a job, i want money!
  • #12,345
  • May 12, 2011 9:10am May 12, 2011 9:10am
Hey Dario I figure the PB is in traffic, since can't really call it an important swing point such as ABC. So has less of the effect from a normal swing high/low PB.
  • #12,346
  • May 12, 2011 9:12am May 12, 2011 9:12am
also EU has done 300 pips this week, kinda close to it's natural weekly atr, aside from stellar weeks like the last week for instance. however prolly still got 100 or so pips on the downside, which could be cracked open soon, that kinda gets us to 4000.
  • #12,347
  • May 12, 2011 9:20am May 12, 2011 9:20am
hmmm probably not the best idea to enter a trade at the beginning of BEN's show...

i believe the trade has potential.. but the PA is rather messy and with violent movements...
I don't want a job, i want money!
  • #12,348
  • May 12, 2011 9:21am May 12, 2011 9:21am
GU looks like consolidating and sitting on 6240 hower looks dangerous and can prolly spike up higher at any rate.
  • #12,349
  • May 12, 2011 9:27am May 12, 2011 9:27am
silly trade.. out for couple of pips loss... will look to reenter when the guy stops talking... sukin sin!
I don't want a job, i want money!
  • #12,350
  • May 12, 2011 9:36am May 12, 2011 9:36am
Could it be that a retracement of the bearish moves of the last couple of days has begun?
  • #12,351
  • May 12, 2011 9:46am May 12, 2011 9:46am
Quoting AnonYmos
Could it be that a retracement of the bearish moves of the last couple of days has begun?

before that i'd wait at least that we close a day over DP ...
I don't want a job, i want money!
  • #12,352
  • May 12, 2011 10:43am May 12, 2011 10:43am


I am officially Muppet of the Week - I placed 2 pending orders on EU long 14150 and 14170 , except I put 16150/16170 instead - gutted , it almost feels worse than losing ...
  • #12,353
  • May 12, 2011 11:26am May 12, 2011 11:26am
Quote
I placed 2 pending orders on EU long 14150 and 14170

that happens even to the best of us, however that's nothing compared to what I did on gold this week opener during asian session.

I put a pending short order before going to bed and set an alarm, then suddenly at night the level was triggered and the trade was entered. somehow I freaked out and half awake cancelled short order by mistake and put in a pending order to go long and then went to bed thinking it's cool. Woke up with 30K losses on a long trade, which I had to shut down in a rush.

That's what I call fucked up big time, got the trade figured out, got in going, got up in zomby-mode and reversed and woke up with a headache for the remainder of the day. ain't it great?
  • #12,354
  • May 12, 2011 11:35am May 12, 2011 11:35am
here's a chart dispatch from Moscow, Russia.

http://img38.imageshack.us/img38/901...frommoscow.png

that's daily light crude, todays close is very important, if we can manage a PIN or close above 97 at least, that would mean more upside for metals and a correction on majors, however if we break below, prolly crude will slip towards 89, which is a 3 year running pivot point, so regardless of future direction on crude this pivot has to be re-tested. just my 2 roubles.
  • #12,355
  • May 12, 2011 11:39am May 12, 2011 11:39am
same deal on gold actually, close above 50 fibo and the closer the look of that PB to the text-book sample, the better. I will initiate longs if we close with strong PA above 50 fibo - this will mean more upside on gold mid-term.

http://img221.imageshack.us/img221/2...rgangsters.png
  • #12,356
  • May 12, 2011 11:46am May 12, 2011 11:46am
also if you check out USDX weekly R1 was tested and PA was rejected at R1 and there's a double top at that level as well. strong PA break of 75.14 on usdx will indicate further downside is being uncapped (back to MP/WP? at 74.20)
  • #12,357
  • May 12, 2011 11:57am May 12, 2011 11:57am
http://img59.imageshack.us/img59/884...7600128979.png

Bernanke getting rid of evidence. no evidence no one to blame.
  • #12,358
  • May 12, 2011 12:45pm May 12, 2011 12:45pm
He's back!!


"Liverpool handing Kenny Dalglish a three-year contract means the King has risen at last.
At last, the King is risen. After the most tumultuous two years in Liverpool’s history, Anfield can finally stand united behind the one man who inspires the complete faith of Boot Room, boardroom, dressing room and stands."


Inserted Video
Thank You
  • #12,359
  • May 12, 2011 1:36pm May 12, 2011 1:36pm
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Wormie, What do you see now. You still hold the same opinion or any change there? Would you be taking any trades now.

ta
ams



Quoting wormboy
He's back!!


"Liverpool handing Kenny Dalglish a three-year contract means the King has risen at last.
At last, the King is risen. After the most tumultuous two years in Liverpool’s history, Anfield can finally stand united behind the one man who inspires the complete faith of Boot Room, boardroom, dressing room and stands."


http://www.youtube.com/watch?v=pS0a-...eature=related
  • #12,360
  • May 12, 2011 1:43pm May 12, 2011 1:43pm
Quoting ams
Wormie, What do you see now. You still hold the same opinion or any change there? Would you be taking any trades now.

ta
ams
I just take a trade, short Nzd/Usd according the last 1H candle (i was stop at BE with this strong retrace) this setup look like yesterday with Gu, confluence of WP/MP and DP we are just above this confluence, Stop Loss 0.8020
Trade with the momentum
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