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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #14,461
  • Jun 16, 2011 12:11am Jun 16, 2011 12:11am
sharks, bears & bulls pulling all sort of tricks @154. I'll be back in an hour or two, let them sort it out first.
Thank You
  • #14,462
  • Jun 16, 2011 12:15am Jun 16, 2011 12:15am
Morning all... Are we trading below that LTL, now? If we are, should we expect a retest in a few days? I mean, it's a big trend line. What does anybody here think?
Gone to a better place
  • #14,463
  • Jun 16, 2011 12:20am Jun 16, 2011 12:20am
Quoting smikester
Morning all... Are we trading below that LTL, now? If we are, should we expect a retest in a few days? I mean, it's a big trend line. What does anybody here think?
i dont think it is broken..look on weekly and monthly..i think price is plush on it

weekly chart..1 bullish candle 3 bearish candle still absorbed by the bull..that to me aint an indication bears are very strong..
  • #14,464
  • Jun 16, 2011 12:24am Jun 16, 2011 12:24am
Thanks Navin
Gone to a better place
  • #14,465
  • Jun 16, 2011 12:31am Jun 16, 2011 12:31am
I noted you updated your reply. I have been looking at that weekly bull candle as well, but, you know, I'm not sure if it hasn't already played out. I am looking at the daily chart and it looks a bit like an Adam and Eve top?
Gone to a better place
  • #14,466
  • Jun 16, 2011 12:39am Jun 16, 2011 12:39am
Quoting smikester
I noted you updated your reply. I have been looking at that weekly bull candle as well, but, you know, I'm not sure if it hasn't already played out. I am looking at the daily chart and it looks a bit like an Adam and Eve top?

its interesting dailly..i see a potential head n shoulder..even if that is the case the chance of a breakout to the downside right now not likely imho (too easy) will attempt again the top..then if it holds..sell hard into trendline and this will help usd recovery, weak sterling

i have no idea what adam eve top is..

good morning to u..nice to see a good trader like u in here
this scenero is on my mind
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  • #14,467
  • Jun 16, 2011 1:11am Jun 16, 2011 1:11am
Probably going to counter on EU... placing a long if hourly candle will close over yesterday's low. Won't be a big deal, target will be the daily pivot in the best chance, but i will scale if we get to 4225
I don't want a job, i want money!
  • #14,468
  • Edited 1:27am Jun 16, 2011 1:14am | Edited 1:27am
wont it be something if the mofo went to the top again

dailly close today will give a good indication..azim what yah think bud?

hoping for a test of 1.63..might go short there if PA can show it is resistance..will make it very interesting

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  • #14,469
  • Jun 16, 2011 1:35am Jun 16, 2011 1:35am
Quoting nAVIN2007
wont it be something if the mofo went to the top again

dailly close today will give a good indication..azim what yah think bud?

hoping for a test of 1.63..might go short there if PA can show it is resistance..will make it very interesting
think I'd be pissed if it went all the way back up my man


Plus I already sold heavy. Brb, crunch time
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Thank You
  • #14,470
  • Jun 16, 2011 1:37am Jun 16, 2011 1:37am
ok let's play the charting game... as i am waiting for this hour to close...

here is the view on GU monthly and daily. On the monthly there is a giganting rising wedge (or channel as Nav see it), that might get broken as we are tickling the LTL (which for instance in my chart is at 6155 in this very day).
On the daily... we see that price is in a channel... (and technically that could drive price a bit up). Anyway as Nav pointed out... there is a huge H&S forming which according to my chart will be broken under 61. By the book that should go down for 7 figures... and that would be a beauty wouldn't it?

colourful charts below
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I don't want a job, i want money!
  • #14,471
  • Jun 16, 2011 1:37am Jun 16, 2011 1:37am
Quoting wormboy
think I'd be pissed if it went all the way back up my man


Plus I already sold heavy. Brb, crunch time
good for u..
  • #14,472
  • Jun 16, 2011 1:47am Jun 16, 2011 1:47am
Quoting wormboy
think I'd be pissed if it went all the way back up my man


Plus I already sold heavy. Brb, crunch time
With SL way high in the sky? over DP or even over WP?
I don't want a job, i want money!
  • #14,473
  • Jun 16, 2011 1:52am Jun 16, 2011 1:52am
Quoting dario1002
With SL way high in the sky? over DP or even over WP?
this was the point i was trying to make..he dont know for sure but he will to trade it south..act the right time in the right moment

going against the dailly is suicide..there no signal ..news f**ked it
ud go short but to scared to try
  • #14,474
  • Jun 16, 2011 1:56am Jun 16, 2011 1:56am
Quoting nAVIN2007
this was the point i was trying to make..he dont know for sure but he will to trade it south..act the right time in the right moment

going against the dailly is suicide..there no signal ..news f**ked it
ud go short but to scared to try
the daily point south actually... even that tiny channel that i pointed out was broken. Again news break (as in the last f@cking month ALWAYS happened).
By the book SL should be over 6450 not sure i'm gonna do that
I don't want a job, i want money!
  • #14,475
  • Jun 16, 2011 2:10am Jun 16, 2011 2:10am
Morning chaps - surely got to be a bit of a fight at 161 - week needs to close >1617 to stay within the TL - I think it will
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  • #14,476
  • Jun 16, 2011 2:13am Jun 16, 2011 2:13am
find myself long again
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  • #14,477
  • Jun 16, 2011 2:13am Jun 16, 2011 2:13am
maybe theres a trade here ,the eur usd fell 300 pips yesterday ,its not common
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  • #14,478
  • Jun 16, 2011 2:15am Jun 16, 2011 2:15am
Quoting dario1002
With SL way high in the sky? over DP or even over WP?
no I currently have 4 full lots open positions. First 2 positions stops are @6235, the other 2 positions stops are already locked. Adding more as we go lower.
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Thank You
  • #14,479
  • Jun 16, 2011 2:17am Jun 16, 2011 2:17am
Quoting Bones
maybe theres a trade here ,the eur usd fell 300 pips yesterday ,its not common
sure u have enough pips..whats the pip count u have there!!
tony aint playin
  • #14,480
  • Jun 16, 2011 2:26am Jun 16, 2011 2:26am
Quoting nAVIN2007
find myself long again
Nav, support is @6049
Thank You
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