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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #12,781
  • May 19, 2011 10:12am May 19, 2011 10:12am
Quoting wormboy
Hello rishi

A break and proper close below tl/ s/r levels confirms it. In this case we're looking at the htf for general direction so the H1 is prefered. The previous H4 tho did not cleanly close below the day open, had it's body closing outside the daily open indicating that selling pressure is there.
Confirms my thinking, great to be in a thread where people can ask questions without fear of being totally ridiculed! Thanks again!
  • #12,782
  • May 19, 2011 10:12am May 19, 2011 10:12am
ok great..thanks azim for the acceptance,
ok guys you are just amazing..
by the way i,m goin to penang soon to pick up my coilover suspension for my project drift car.. hope to meet u azim......and get some lecture...
  • #12,783
  • May 19, 2011 10:14am May 19, 2011 10:14am
Quoting Maharishi
Confirms my thinking, great to be in a thread where people can ask questions without fear of being totally ridiculed! Thanks again!
Oh, you ran into Cloggie?
  • #12,784
  • May 19, 2011 10:18am May 19, 2011 10:18am
Quoting Maharishi
Confirms my thinking, great to be in a thread where people can ask questions without fear of being totally ridiculed! Thanks again!

we do it to each other even without asking questions
I don't want a job, i want money!
  • #12,785
  • May 19, 2011 10:18am May 19, 2011 10:18am
Quoting AnonYmos
Oh, you ran into Cloggie?
Not really, but since you mentioned it, I try and only stalk the EURUSD thread then partake because of all that nonsense! I have read Cloggie's and other senior members posts now for some time and am just getting to know the finer details....so I am hoping to improve on my trading.....fingers crossed I won't upset anyone
  • #12,786
  • May 19, 2011 10:21am May 19, 2011 10:21am
Quoting Maharishi
Not really, but since you mentioned it, I try and only stalk the EURUSD thread then partake because of all that nonsense! I have read Cloggie's and other senior members posts now for some time and am just getting to know the finer details....so I am hoping to improve on my trading.....fingers crossed I won't upset anyone
Don't worry, we're quite a friendly bunch of muppets here!
  • #12,787
  • Edited 10:35am May 19, 2011 10:24am | Edited 10:35am
Quoting AnonYmos
Don't worry, we're quite a friendly bunch of muppets here!
Cool! Looking forward to making some useful contributions as I gain in confidence.
  • #12,788
  • May 19, 2011 10:27am May 19, 2011 10:27am
Quoting superdoink
ok great..thanks azim for the acceptance,
ok guys you are just amazing..
by the way i,m goin to penang soon to pick up my coilover suspension for my project drift car.. hope to meet u azim......and get some lecture...
hi.

im from shah alam. if wanna to see azim, invite me too...
Peace Yo!
  • #12,789
  • May 19, 2011 10:32am May 19, 2011 10:32am
Only 79 pips range so far on cable. It will explode.
Not gonna wait for it tho, alert set @6300 & @6100. See you when one of it triggers. Gnite fellas
Thank You
  • #12,790
  • May 19, 2011 11:01am May 19, 2011 11:01am
Quoting wormboy
Only 79 pips range so far on cable. It will explode.
Not gonna wait for it tho, alert set @6300 & @6100. See you when one of it triggers. Gnite fellas
Yesterday's High and low also WP = Y's High
Trade with the momentum
  • #12,791
  • May 19, 2011 11:26am May 19, 2011 11:26am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
took 40 on both euro and cable... not a complete waste of day.

twats..

Market is really thin...dodgy bids keeping afloat by sharks...



Quoting ams
I picked the top 14290 and 62 with tight SL, foolish I know but learned it from your 7 hr technique and falling 3 method!! If in 7 hr we only do 40-50 odd pips, we are doing the same on daily 250 pips in 3 days, yeah right trend is bullish

ta
ams
  • #12,792
  • May 19, 2011 11:33am May 19, 2011 11:33am
Quoting ams
took 40 on both euro and cable... not a complete waste of day.

twats..

Market is really thin...dodgy bids keeping afloat by sharks...

so far from me is a complete waste of a day
I don't want a job, i want money!
  • #12,793
  • May 19, 2011 11:51am May 19, 2011 11:51am
Quoting dario1002
so far from me is a complete waste of a day
are u still short?
it isnt a complete waste of day bro...u always gain something from it..mental strength

i placed this trade and am i massive drawdown..im basically testing my mental strength, only makes u stronger brother!!
  • #12,794
  • May 19, 2011 12:58pm May 19, 2011 12:58pm
funny time euro decided to pop no?
Thank You
  • #12,795
  • May 19, 2011 1:01pm May 19, 2011 1:01pm
Gonna stab cable.

GBPUSD

1. long @6199 sl @6125 tp @6287 (2.0)
Thank You
  • #12,796
  • May 19, 2011 1:21pm May 19, 2011 1:21pm
Quoting wormboy
Gonna stab cable.

GBPUSD

1. long @6199 sl @6125 tp @6287 (2.0)

actually yes.. after today crazyness i placed my SL right over today's high... and we are heading there...

if it goes like that.. we will start new day over DP... and again in the ugly range, plus EU broke on the upside...

so ok, i got greedy and got punished... again

next
I don't want a job, i want money!
  • #12,797
  • May 19, 2011 2:08pm May 19, 2011 2:08pm
Hi guys! Long time no see, hope everything is cool. Been busy arranging oil sales for the month of June for the company.

I actually favor downside on GU, so will look for WP retest and will setup a deal for the breakout trade south tmrw.

here's the EW briefing on H4

http://img821.imageshack.us/img821/4803/gbpusdew.png

I also started my own thread so that my charts don't interfere with the flow here.

PS: FYI my positioning for now is long USDCAD.
  • #12,798
  • Edited 3:59pm May 19, 2011 3:24pm | Edited 3:59pm
wormie 1.67 my man..
look like the plane got high jacked by the bulls in the cargo pit ..con air style
  • #12,799
  • May 19, 2011 9:21pm May 19, 2011 9:21pm
hi guys,

today pivot and S&R based on yesterday hi/lo & open...

r2: 16312
r1: 16274
Pivot: 16204
s1: 16166
s2: 16096

interesting point is, r1 and weekly pivot almost at the same point (16274/79)...

IMO if this level is taken out, bull is back in the house.... and might testing another level at weekly R1 & monthly pivot (16413/71)

But..........

if it fail to break WP, then should be south again...

that is what i understand from current situation based on Azim latest comment...

correct me if i wrong...

peace....
Peace Yo!
  • #12,800
  • May 20, 2011 1:40am May 20, 2011 1:40am
Good Morning

16255 seems decisive for bulls - first touch of this should produce a probable scalp south , break of this number opens the way to 350 (and a break of the H4 trend) and a failure here would see 165 back on the cards.A 165/255 range is also possible. H4 still in downtrend as I see it , Daily of course still up ... all imho of course ... not around today , trade well friends
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