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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #13,381
  • May 25, 2011 9:35am May 25, 2011 9:35am
Quoting ruffryders
USDX H4 EW analysis, sailor I'm out of loonie due to this deal here

http://img820.imageshack.us/img820/2963/usdx240ew.png

And here's the USD CAD H4 EW

http://img222.imageshack.us/img222/2130/usdcadh4ew.png
Update Gu price hit my SL, maybe because Navin push the price up ,(didn't take a long on the retest of yesterday's high), still short EU and loonie no position for the moment, looking for a scalp on gu (short) we approch WR1 63 area.
Trade with the momentum
  • #13,382
  • May 25, 2011 9:39am May 25, 2011 9:39am
Here is a video that explains what is goin on... the shark (the one in yellow) and all us little traders trying to fight it

Inserted Video
I don't want a job, i want money!
  • #13,383
  • May 25, 2011 9:41am May 25, 2011 9:41am
Quoting dario1002
That is why i will trade just obvious setups on the short side, till we don't have confirm otherwise. i even closed my short on EU that i took earlier at the DP (couple of pips under it)... and if today will be a nothing done day.. so be it. DX ranging around 76, so nothing really worth screaming "long" or "short" yet
Quoting nAVIN2007
complete battlefied
yup & cable is pulling away dammit seems that when I sold euro & bought cable yesterday i was on the right track. Will never doubt myself ever again
Thank You
  • #13,384
  • May 25, 2011 9:42am May 25, 2011 9:42am
azim this is what i see on euro..



if u look at my chart where theres a down arrow..bearish engulf..the new candle created a new low but bounced of the support area so its pretty tough area to get through

aint an easy trade but u got the monthly on yur side but i feel it needs to close under the red area otherwise may bounce bro
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 77 KB
  • #13,385
  • May 25, 2011 9:48am May 25, 2011 9:48am
Quoting wormboy
yup & cable is pulling away dammit seems that when I sold euro & bought cable yesterday i was on the right track. Will never doubt myself ever again
my friend... there are still plenty of trades to take right... and u know yourself that u went long during Asia time and under WP ...

anyway don't worry.... u are still our "mister wolf"

Inserted Video
I don't want a job, i want money!
  • #13,386
  • May 25, 2011 9:51am May 25, 2011 9:51am
Quoting nAVIN2007
azim this is what i see on euro..



if u look at my chart where theres a down arrow..bearish engulf..the new candle created a new low but bounced of the support area so its pretty tough area to get through

aint an easy trade but u got the monthly on yur side but i feel it needs to close under the red area otherwise may bounce bro
yup, I've moved my stop to bep +3 @4090 anyway. If the trade gets taken out, think I'll stay out for a while
Thank You
  • #13,387
  • May 25, 2011 9:53am May 25, 2011 9:53am
Hate the message, not the messager...
I just sold again... It's ME.

Last point for bears = 63, over that they are fried!

Take care!
"It's not about the pay check, it's about crushing the rebellion"
  • #13,388
  • May 25, 2011 9:54am May 25, 2011 9:54am
Quoting wormboy
yup, I've moved my stop to bep +3 @4090 anyway. If the trade gets taken out, think I'll stay out for a while
it wants to go down thou..i feel..fightning at that support area..
  • #13,389
  • May 25, 2011 10:04am May 25, 2011 10:04am
so far the only tradable things that i spotted today on the ltf (IF triggered)
Attached Image (click to enlarge)
Click to Enlarge Name: eurusdh1.jpg Size: 189 KB
I don't want a job, i want money!
  • #13,390
  • May 25, 2011 10:06am May 25, 2011 10:06am
Quoting dario1002
so far the only tradable things that i spotted today on the ltf (IF triggered)
ltf euro would've got you killed today.

btw, what are those 3 red things on your chart?
Thank You
  • #13,391
  • May 25, 2011 10:11am May 25, 2011 10:11am
Quoting wormboy
ltf euro would've got you killed today.

btw, what are those 3 red things on your chart?

explanation for H&S... i told u i can't draw or paint...
I don't want a job, i want money!
  • #13,392
  • May 25, 2011 10:14am May 25, 2011 10:14am
Quoting wormboy
ltf euro would've got you killed today.

btw, what are those 3 red things on your chart?
was thinking same thing

dario my brother:-

think about this..u have a left shoulder, a head and a right shoulder (higher than the left) what does this tell u about the trend strength?
  • #13,393
  • May 25, 2011 10:18am May 25, 2011 10:18am
Quoting nAVIN2007
was thinking same thing

dario my brother:-

think about this..u have a left shoulder, a head and a right shoulder (higher than the left) what does this tell u about the trend strength?

duuuuuuuuuuuuuuuude.... the trend strenght is that i see on the left of the chart a massive drop from 43 to 40 in a blink...
lower TF + spikes due to news.. the fact that i havethat doesn't tell me anything about the strenght... considering that we are fighting even to get over DP... the trend strenght is TOTALLY on the bear side... Anyway... as i said.... IF triggered
I don't want a job, i want money!
  • #13,394
  • May 25, 2011 10:18am May 25, 2011 10:18am
welp, that's my euro stopped out to the pip. To be honest it does look like it's gonna pop topside towards 4200.
Having none of it tho, losing day today $680. I better call it a day.
Good luck to everyone!
Thank You
  • #13,395
  • May 25, 2011 10:22am May 25, 2011 10:22am
Quoting dario1002
duuuuuuuuuuuuuuuude.... the trend strenght is that i see on the left of the chart a massive drop from 43 to 40 in a blink...
lower TF + spikes due to news.. the fact that i havethat doesn't tell me anything about the strenght... considering that we are fighting even to get over DP... the trend strenght is TOTALLY on the bear side... Anyway... as i said.... IF triggered

ahhhhhhh just testing yah bro
  • #13,396
  • May 25, 2011 10:23am May 25, 2011 10:23am
Quoting nAVIN2007
was thinking same thing

dario my brother:-

think about this..u have a left shoulder, a head and a right shoulder (higher than the left) what does this tell u about the trend strength?
Quoting dario1002
duuuuuuuuuuuuuuuude.... the trend strenght is that i see on the left of the chart a massive drop from 43 to 40 in a blink...
lower TF + spikes due to news.. the fact that i havethat doesn't tell me anything about the strenght... considering that we are fighting even to get over DP... the trend strenght is TOTALLY on the bear side...
Both of you are having a giraffe. That's not a H&S, not in a billion years. H&S is a TOP REVERSAL pattern. That one you pointed out is invalid.


Hey dario

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Attached Image
Thank You
  • #13,397
  • May 25, 2011 10:27am May 25, 2011 10:27am
Quoting wormboy
Both of you are having a giraffe. That's not a H&S, not in a billion years. H&S is a TOP REVERSAL pattern. That one you pointed out is invalid.


Hey dario

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bhuahahah u are right.... i missed that easy point... boring day let me see what i want to see
I don't want a job, i want money!
  • #13,398
  • May 25, 2011 10:27am May 25, 2011 10:27am
Quoting wormboy
welp, that's my euro stopped out to the pip. To be honest it does look like it's gonna pop topside towards 4200.
Having none of it tho, losing day today $680. I better call it a day.
Good luck to everyone!
tomorrow will be better no doubt..
have a good one bro
  • #13,399
  • May 25, 2011 10:29am May 25, 2011 10:29am
Quoting wormboy
Both of you are having a giraffe. That's not a H&S, not in a billion years. H&S is a TOP REVERSAL pattern. That one you pointed out is invalid.


Hey dario

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V
man has to pass time somehow..
  • #13,400
  • May 25, 2011 12:20pm May 25, 2011 12:20pm
Mattz if I was you I wont be so confident about it. GU is picking up momentum and trading above WP. Also GU has completed it's AMR for May. Currently more likely that it will consolidate @ 40-80 and then spike higher and try for 6380. Also as NAV already posted GU is well supported on HTF by a strong support line.

Trade what you see. Also brave ones who shorted cable on it's way up - please manage your exposure wisely.

Here's the chart anyway. Banker's zone not holding up to it's premises, and 127 extension is a very possible scenario now on GU.

http://img703.imageshack.us/img703/6...picktopsan.png
http://img806.imageshack.us/img806/6...picktopsan.png
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