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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #12,981
  • May 23, 2011 2:33am May 23, 2011 2:33am
Quoting wormboy
Stop amended & tp removed.

GBPUSD

1. long @6278 sl @6085 (1.0)



Back to sleep. Later fellas.

Trade closed

GBPUSD

1. long @6278 closed @6159 (1.0)
Thank You
  • #12,982
  • May 23, 2011 2:33am May 23, 2011 2:33am
So fellas.... hope u had a good week end... and here we are again for business...

As i told yesterday, i still see short either on GU and on EU... not sure why i read so many posts about the contrary...
We opened the week under WP on EU... and quickly crossed WP on GU (the first market hour), we opened the week under DP on both currencies.
We have a very difficult level upon us on GU (6270), and we have a rising wedge fully triggered on EU on several TFs.

We were talking about going up, and we might eventually go up soon, but the spirit of the thread and what Azim always told me and tought me was TO TRADE WHATEVER PATTERN JUST WHEN IT GOT TRIGGERED, NEVER ANTICIPATE A PATTERN.

This is what i try to do, then eventually i will long both pairs as well, but just when i see some confirmed reversal pattern, not before.
If i have to guess which pair will go north sooner.. i would say that it's EU by the way... not GU

Here are some charts
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusdweekly23-05.gif Size: 39 KB
Click to Enlarge Name: eurusd4h23-05.gif Size: 38 KB
I don't want a job, i want money!
  • #12,983
  • May 23, 2011 2:34am May 23, 2011 2:34am
GBPUSD

1. short @6157 sl @6310 (1.0)
Thank You
  • #12,984
  • May 23, 2011 2:38am May 23, 2011 2:38am
Quoting dario1002
So fellas.... hope u had a good week end... and here we are again for business...

As i told yesterday, i still see short either on GU and on EU... not sure why i read so many posts about the contrary...
We opened the week under WP on EU... and quickly crossed WP on GU (the first market hour), we opened the week under DP on both currencies.
We have a very difficult level upon us on GU (6270), and we have a rising wedge fully triggered on EU on several TFs.

We were talking about going up, and we might eventually go up soon, but the spirit...
Big breakout on the dx, D1 bullish pennant & inverted H&S in play. Screw the longs.
Thank You
  • #12,985
  • May 23, 2011 2:41am May 23, 2011 2:41am
Short the farm seems to be the play of the day!
  • #12,986
  • May 23, 2011 2:44am May 23, 2011 2:44am
bhuahahahah muppets!!!
I don't want a job, i want money!
  • #12,987
  • May 23, 2011 2:47am May 23, 2011 2:47am
Quote
bhuahahahah muppets!!!

Hey man can I at least get some pizza for shorting dragon and EJ?
  • #12,988
  • May 23, 2011 2:49am May 23, 2011 2:49am
Quoting AnonYmos
Short the farm seems to be the play of the day!
Seems so, probably for a few days to come. The 76 level offered very little resistance & the next major resistance I have is at 76.73 which is way up.
Will look to sell the retraces & ignore the counters.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: dx4a.PNG Size: 19 KB
Click to Enlarge Name: dx4b.PNG Size: 20 KB
Thank You
  • #12,989
  • May 23, 2011 2:51am May 23, 2011 2:51am
Quoting ruffryders
Hey man can I at least get some pizza for shorting dragon and EJ?
how about some samagon?
I don't want a job, i want money!
  • #12,990
  • May 23, 2011 2:54am May 23, 2011 2:54am
Quoting wormboy
Seems so, probably for a few days to come. The 76 level offered very little resistance & the next major resistance I have is at 76.73 which is way up.
Will look to sell the retraces & ignore the counters.
i have the resistence as well.. but at 76.15... any idea why?
I don't want a job, i want money!
  • #12,991
  • May 23, 2011 3:00am May 23, 2011 3:00am
Quoting dario1002
i have the resistence as well.. but at 76.15... any idea why?
I said major resistance. Major resistances don't change every other week like the pivots. Zoom your chart out & figure it out.
Thank You
  • #12,992
  • May 23, 2011 3:02am May 23, 2011 3:02am
Quoting wormboy
GBPUSD

1. short @6157 sl @6310 (1.0)

Added.

GBPUSD

1. short @6157 sl @6310 (1.0)
2. short @6151 sl @6310 (2.0)
Thank You
  • #12,993
  • May 23, 2011 3:02am May 23, 2011 3:02am
Quoting wormboy
I said major resistance. Major resistances don't change every other week like the pivots. Zoom your chart out & figure it out.

roger that
I don't want a job, i want money!
  • #12,994
  • May 23, 2011 3:06am May 23, 2011 3:06am
Quoting dario1002
roger that


7th hour i/d eu stopped dead on W1 pvp support. Did you book profit?
Thank You
  • #12,995
  • May 23, 2011 3:14am May 23, 2011 3:14am
Quoting wormboy


7th hour i/d eu stopped dead on W1 pvp support. Did you book profit?

well... i booked all my profit on friday to tell u the truth..
don't like to leave positions over WE considering that i didn't have so many pips.. and that my broker open 1 hour after market opens.. i decided to book them all
I don't want a job, i want money!
  • #12,996
  • May 23, 2011 3:17am May 23, 2011 3:17am
Quoting dario1002
well... i booked all my profit on friday to tell u the truth..
don't like to leave positions over WE considering that i didn't have so many pips.. and that my broker open 1 hour after market opens.. i decided to book them all
Well no harm done then, better to have not so many pips then to not have any at all! lol.
Time to look for the next setup to trade.
Thank You
  • #12,997
  • May 23, 2011 3:22am May 23, 2011 3:22am
Quoting wormboy
Well no harm done then, better to have not so many pips then to not have any at all! lol.
Time to look for the next setup to trade.
i am currently with u on the GU short.. and will look for some retracement on EU to short it as well...
I don't want a job, i want money!
  • #12,998
  • May 23, 2011 3:23am May 23, 2011 3:23am
Dollar bulls are taking names
Thank You
  • #12,999
  • May 23, 2011 3:25am May 23, 2011 3:25am
Quoting dario1002
i am currently with u on the GU short.. and will look for some retracement on EU to short it as well...
same here.

Don't think we'll get that eu retrace to short from so soon tho
Thank You
  • #13,000
  • May 23, 2011 3:25am May 23, 2011 3:25am
hi,

looks like cable break the daily S1@ 16169.....

next target should be S2@ 16098.... this is the most critical.... break this will see Weekly S1@ 16061....

peace...
Peace Yo!
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