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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #13,781
  • Jun 6, 2011 5:27am Jun 6, 2011 5:27am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Cool,
I am long since 63, 50% of fib from week before (went long with my last post the other day). We are not going above the damn MPV, So I cleared half of my position i.e 1 lot and rest is there with SL @ 63500. Although not bullish not bearish either as we have major news for EU and GU this week and I do not expect us to tank hard, if we do go down on GU or EU for no apparent reason then we will be shooting backup like anything, if u know what I mean



Quoting wormboy
I'm already long brother. HTF trade
  • #13,782
  • Jun 6, 2011 5:51am Jun 6, 2011 5:51am
Quoting wormboy
I'm already long brother. HTF trade

so u cleared your shorton GU... right?
I don't want a job, i want money!
  • #13,783
  • Jun 6, 2011 5:56am Jun 6, 2011 5:56am
Quoting ams
Cool,
I am long since 63, 50% of fib from week before (went long with my last post the other day). We are not going above the damn MPV, So I cleared half of my position i.e 1 lot and rest is there with SL @ 63500. Although not bullish not bearish either as we have major news for EU and GU this week and I do not expect us to tank hard, if we do go down on GU or EU for no apparent reason then we will be shooting backup like anything, if u know what I mean

i will join u fellas at the break of the bullflag...
I don't want a job, i want money!
  • #13,784
  • Jun 6, 2011 6:03am Jun 6, 2011 6:03am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
cool, I looked at the EG weekly and it's evident that euro is extremely supported for whatever reason. It can change the moment either EU or GU raises rates but for now it seems pound is doomed against euro if ECB raises rates first. Everyone would love to do some carry trading, specially UK banks!

4 weeks worth of downturn covered in a week!

ta
ams


Quoting dario1002
i will join u fellas at the break of the bullflag...
  • #13,785
  • Jun 6, 2011 7:23am Jun 6, 2011 7:23am
hi guys..im short on cable

i will never cut a trade again..last week i did stupid things
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 87 KB
  • #13,786
  • Jun 6, 2011 7:26am Jun 6, 2011 7:26am
Quoting wormboy
I'm already long brother. HTF trade
is that a 4 day chart bro?
  • #13,787
  • Jun 6, 2011 7:35am Jun 6, 2011 7:35am
Quoting nAVIN2007
hi guys..im short on cable

i will never cut a trade again..last week i did stupid things
did you just get in now? wait for dp test?

also take a look at DX APR21/26 7394 - we just bounced right off it
  • #13,788
  • Jun 6, 2011 7:44am Jun 6, 2011 7:44am
Quoting chazzle
...Just wants to tank through these MP/WPs to the DP ...
trying a long scalp right on it SL 20 pips
  • #13,789
  • Jun 6, 2011 7:48am Jun 6, 2011 7:48am
Quoting chazzle
trying a long scalp right on it SL 20 pips
closed for a few...
  • #13,790
  • Jun 6, 2011 8:12am Jun 6, 2011 8:12am
Quoting dario1002
so u cleared your shorton GU... right?
if you're referring to the pre nfp short I had, then yes I closed the trade & took a loss. When I said "run", I meant it.
Thank You
  • #13,791
  • Jun 6, 2011 8:15am Jun 6, 2011 8:15am
Quoting nAVIN2007
is that a 4 day chart bro?
yup, I got 5 lots in this, not gonna waste my time trading the ltf it'll just drive me crazy
Thank You
  • #13,792
  • Jun 6, 2011 8:15am Jun 6, 2011 8:15am
Quoting wormboy
if you're referring to the pre nfp short I had, then yes I closed the trade & took a loss. When I said "run", I meant it.

silly me.. i didn't get it
I don't want a job, i want money!
  • #13,793
  • Jun 6, 2011 8:17am Jun 6, 2011 8:17am
Quoting ams
Cool,
I am long since 63, 50% of fib from week before (went long with my last post the other day). We are not going above the damn MPV, So I cleared half of my position i.e 1 lot and rest is there with SL @ 63500. Although not bullish not bearish either as we have major news for EU and GU this week and I do not expect us to tank hard, if we do go down on GU or EU for no apparent reason then we will be shooting backup like anything, if u know what I mean
Nope I don't see price taking a dive either. 12 hours had gone eu & gu just managed 50 - 60 pips grind. That's not bearish imo.
Thank You
  • #13,794
  • Jun 6, 2011 8:18am Jun 6, 2011 8:18am
Quoting dario1002
silly me.. i didn't get it
Always a coin toss having an open trade during nfp
Thank You
  • #13,795
  • Jun 6, 2011 8:22am Jun 6, 2011 8:22am
Quoting wormboy
yup, I got 5 lots in this, not gonna waste my time trading the ltf it'll just drive me crazy
i hear u..same thing..lower time frame is seriously for me a waste of time
I honestly think it is down..but its a hunch, based on weekly close and monthly..and hoping the channel i posted is legimate..lol

yur chart certainly is pointing up thou
  • #13,796
  • Jun 6, 2011 8:25am Jun 6, 2011 8:25am
Quoting nAVIN2007
i hear u..same thing..lower time frame is seriously for me a waste of time
there are times when they can be profitable, but unfortunately for me, I've found recent pa on cable not tradeable on ltf. Sure you get the odd profit here & there but most of the time the moves are a bit erratic you tend to get caught out. HTF atm is much easier on the eyes ........... and the heart
Thank You
  • #13,797
  • Jun 6, 2011 8:26am Jun 6, 2011 8:26am
Quoting nAVIN2007

yur chart certainly is pointing up thou
No shit sherlock
Thank You
  • #13,798
  • Jun 6, 2011 8:40am Jun 6, 2011 8:40am
Quoting wormboy
No shit sherlock
just be aware that gbp strength is decreasing, usd is also..so aint much pushing the mofo up..usd can become bullish

this some bitch will sink..im looking for 1.59..if 1.63 can break

just keep an eye on it bro!! react if needed
  • #13,799
  • Jun 6, 2011 8:49am Jun 6, 2011 8:49am
Quoting chazzle
did you just get in now? wait for dp test?

also take a look at DX APR21/26 7394 - we just bounced right off it
i got in on friday i was disguisted with myself for exiting dragon..after non farm..it went in my favour but i bottled it, even after price was below my entery..

80% in line this will sink

ABCD formation..if 1.63 goes..be sure to wave
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 99 KB
  • #13,800
  • Jun 6, 2011 8:54am Jun 6, 2011 8:54am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Not yet Nav, High powers know what lies where. If they were to take it high, they will start from the bottom vice versa for taking Down. I heard King is too chair this months meeting. I do not know what's special but if that's the case and high powers know the deal, they will drag the pound lower same goes if UK was to come-up with QE2. Remember when pound was @ 170 and QE1 was annouced!! it tank'd 1000 pips straight but so called powers took it to 170 first for no apparent reason. Watch for suspicious moves 2-3 days before any major news.


Quoting nAVIN2007
just be aware that gbp strength is decreasing, usd is also..so aint much pushing the mofo up..usd can become bullish

this some bitch will sink..im looking for 1.59..if 1.63 can break

just keep an eye on it bro!! react if needed
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