The WoRmHoLe | Page 702 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Better-than-the-wormhole 555 replies

Attachments: The WoRmHoLe
Exit Attachments

The WoRmHoLe

  • #14,021
  • Jun 10, 2011 8:23am Jun 10, 2011 8:23am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Initially I thought dollar index monthly looks bad but now I see it as a inverted hammer. Considering QE2 ending in June not sure about the consequences but seems dollar is gaining strength now. Above WPV and expecting to touch MPV. Gold and oil battered a bit but currencies are still ok. Let's see how today ends.

Do not see a sharp sell-off or buying in any currency but pending 2-3 weeks of this month will be very interesting.
  • #14,022
  • Jun 10, 2011 8:25am Jun 10, 2011 8:25am
Quoting A 5
will do, and same to you

Not something new but a good reminder though

http://www.cnbc.com/id/43328325

i have posted a weekly chart of usdlfx (measure the strength of the dollar) its bullish, which is why euro is falling..nothing moves in straight line

dollar is bouncing my friend, take advangtage
if pound fall low..buy it..long term its a good investment..dollar in long term is doomed

the artical yur quoting is long term..right now buy the dollar is the way!!..many pips to us all (i know i need them )
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.gif Size: 25 KB
  • #14,023
  • Jun 10, 2011 8:29am Jun 10, 2011 8:29am
I've bought our beast a single lot. Good luck to me
Attached Image (click to enlarge)
Click to Enlarge Name: dragon.png Size: 46 KB
Thank You
  • #14,024
  • Jun 10, 2011 8:29am Jun 10, 2011 8:29am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
All good mate..
No trade for me just chilling and waiting for the setup to form. Despite I knew euro is coming down and dollar is going up I didn't trade as market isn't to my liking atm. You are holding good trades, I would have done the same for euro (although reckon it's nearing it's bounce back if MPV is not broken soon) not sure about damn pound.


Quoting nAVIN2007
pleased with this one..

ams..hows it going buddy?
  • #14,025
  • Jun 10, 2011 8:32am Jun 10, 2011 8:32am
Quoting wormboy
I've bought our beast a single lot. Good luck to me
be lucky..but i have to be honest..u playin with fire bro
watch that round number like a hawk
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 123 KB
  • #14,026
  • Jun 10, 2011 8:41am Jun 10, 2011 8:41am
Quoting chazzle
I'm still bull though.New pendings 240 , 210 SL 140 - wouldn't be surprised to see a retest of day lows , and then double bottom
All the best guys ...
Paid 250 same sl
  • #14,027
  • Jun 10, 2011 8:48am Jun 10, 2011 8:48am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Now you wait for next order to kick in and take profit with arms crossed and big goggles on

Quoting chazzle
Paid 250 same sl
  • #14,028
  • Jun 10, 2011 8:49am Jun 10, 2011 8:49am
Quoting ams
All good mate..
No trade for me just chilling and waiting for the setup to form. Despite I knew euro is coming down and dollar is going up I didn't trade as market isn't to my liking atm. You are holding good trades, I would have done the same for euro (although reckon it's nearing it's bounce back if MPV is not broken soon) not sure about damn pound.

all i know sell gbp sell euro and so far these trade are going great..was very important as i looking to go bigger after 19th..if these had gone worse i might have been more cautious..still have trust issues but everyday im getting more confident

god be with azim damn this movement is a bit much..euro looking like my target might reach today


edit adjust target
Attached Image(s) (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 105 KB
Click to Enlarge Name: cable1.jpg Size: 105 KB
  • #14,029
  • Jun 10, 2011 8:54am Jun 10, 2011 8:54am
Quoting ams
Now you wait for next order to kick in and take profit with arms crossed and big goggles on

hmmm where he has the next order i have my SL .... so i have to say that i don't fully agree with it
I don't want a job, i want money!
  • #14,030
  • Jun 10, 2011 9:02am Jun 10, 2011 9:02am
bounce!! bounce!! bounce!!
Attached Image
Thank You
  • #14,031
  • Jun 10, 2011 9:06am Jun 10, 2011 9:06am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Best wishes to you as most of you are in the same boat with shores not very far from each other !!

Quoting dario1002
hmmm where he has the next order i have my SL .... so i have to say that i don't fully agree with it
  • #14,032
  • Jun 10, 2011 9:10am Jun 10, 2011 9:10am
Quoting wormboy
bounce!! bounce!! bounce!!
counting on "those" oops sorry i meant that only honestly speaking I am just watching all this from the sidelines and watching all the pros at work....and trying my level best to make sense of all this....hopefully your trade goes your way pretty soon then I'd like to learn from you how to put pivots on market scope.....and the importance of those D4 & H12 charts for yourself and the D2 charts for Nav....but don't worry I'll do that over the weekend may the pips be with all of you which ever side of the market that u are on!

Regards

Ali Raza
Raza
  • #14,033
  • Jun 10, 2011 9:18am Jun 10, 2011 9:18am
Quoting shr5
counting on "those" oops sorry i meant that only honestly speaking I am just watching all this from the sidelines and watching all the pros at work....and trying my level best to make sense of all this....hopefully your trade goes your way pretty soon then I'd like to learn from you how to put pivots on market scope.....and the importance of those D4 & H12 charts for yourself and the D2 charts for Nav....but don't worry I'll do that over the weekend may the pips be with all of you which ever side of the market that u are on!

Regards

Ali...

the reason i have a 2day chart..i enter a position, then place on 2 day so i cant see the fluctations (in theory ) it just help otherwise i go mad

downside i post a lot cause fingers are locked
  • #14,034
  • Jun 10, 2011 9:29am Jun 10, 2011 9:29am
Quoting nAVIN2007
the reason i have a 2day chart..i enter a position, then place on 2 day so i cant see the fluctations (in theory ) it just help otherwise i go mad

downside i post a lot cause fingers are locked
well whatever works for you is fine by me btw I now I believe your USDX analysis as finally audusd and nzdusd have started to give up some ground.. I am itching to short nzdusd but just scared by the usual "what if"....all the very best to you buddy on your trades ....
Raza
  • #14,035
  • Jun 10, 2011 9:49am Jun 10, 2011 9:49am
Quoting shr5
well whatever works for you is fine by me btw I now I believe your USDX analysis as finally audusd and nzdusd have started to give up some ground.. I am itching to short nzdusd but just scared by the usual "what if"....all the very best to you buddy on your trades ....
Hi,
Nzd, waiting for the break of DP and ascending TL (M15) with the first target of WP.
Trade with the momentum
  • #14,036
  • Jun 10, 2011 9:53am Jun 10, 2011 9:53am
Quoting sailor68
Hi,
Nzd, waiting for the break of DP and ascending TL (M15) with the first target of WP.
Hi,

thanks bro....my eyes are glued on both those pivots
Raza
  • #14,037
  • Jun 10, 2011 9:59am Jun 10, 2011 9:59am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Kiwi is one stubborn pair I've come across in past weeks...
It doesn't want to gow down...Infact I've taken it as my gauge as a measure for trend!!


Quoting shr5
Hi,

thanks bro....my eyes are glued on both those pivots
  • #14,038
  • Jun 10, 2011 10:17am Jun 10, 2011 10:17am
any1 have any idea how low euro is expected to go down..cause i can see 1.40 as a target potential..

any ideas?
  • #14,039
  • Jun 10, 2011 10:22am Jun 10, 2011 10:22am
so this is where you guys are now ... how's it going everybody?
Hear the music before the song is over ...
  • #14,040
  • Jun 10, 2011 10:27am Jun 10, 2011 10:27am
Quoting nAVIN2007
any1 have any idea how low euro is expected to go down..cause i can see 1.40 as a target potential..

any ideas?
Hi Navin,

H4, i have a first target at area of 4270 (like you) also fib 61,8 if we clear this resistance yes 1.40 is potential target.
Trade with the momentum
22 traders viewing now