The WoRmHoLe | Page 730 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Better-than-the-wormhole 555 replies

Attachments: The WoRmHoLe
Exit Attachments

The WoRmHoLe

  • #14,581
  • Jun 17, 2011 12:05am Jun 17, 2011 12:05am
Quoting nAVIN2007
who spoke in the night cause if he sending cable down..he in good books..buwhahaha

morning ladies
hey nav, better pray what you said don't happen brother!


Quoting nAVIN2007
wont it be something if the mofo went to the top again

dailly close today will give a good indication..
Thank You
  • #14,582
  • Edited 12:30am Jun 17, 2011 12:09am | Edited 12:30am
Quoting wormboy
hey nav, better pray what you said don't happen brother!

dont remind me..thats all i need to put jujew (curse) on myself

i think its a close one..usd will the pin fail..all about the recovery
sterling strength is failing..so its all about usd and theres buyers..not nothing can do but wait it out..but crack is crossed as well

if it goes to 1.6..pullback and sell to 1.53
head n shoulder on dailly..what yah think azim?..look on to u?
Attached Image (click to enlarge)
Click to Enlarge Name: chart3.jpg Size: 97 KB
  • #14,583
  • Jun 17, 2011 12:35am Jun 17, 2011 12:35am
Quoting nAVIN2007
dont remind me..thats all i need to put judjew (curse) on myself

i think its a close one..usd will the pin fail..all about the recovery
sterling strength is failing..so its all about usd and theres buyers..not nothing can do but wait it out..but crack is crossed as well

if it goes to 1.6..pullback and sell to 1.53
head n shoulder on dailly..what yah think azim?..look on to u?
I'm just not comfortable trading cable atm, just look to the left of your chart, pull all the way back to june 2009, current level is very messy. I'd probably scalp it next week but definitely not sooner since the euro had been paying me better I'd want to keep my eye on the ball.

And in regards to the H&S, if there is actually one on the D1 it's certainly not valid yet since the neckline is still unchallenged. But if the neckline goes then yea 5300 is probably within reach. Wouldn't pin my hopes on it too early ... I mean look at the chart I attached here, see the similarities?
No neckline break, no go.

But this is just my personal take on it, don't let me sway your judgement
Have a good one bro!
Attached Image (click to enlarge)
Click to Enlarge Name: cable.PNG Size: 19 KB
Thank You
  • #14,584
  • Jun 17, 2011 12:36am Jun 17, 2011 12:36am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Don't forget matey's it's about options.....

Big boys don't play spot, they play options and they control the market with buying and selling spot for order books (dividends, M&A etc).

I heard yesterday there are big expiry eyed for 16000 so I recon we are heading there (oil trying to break much lower 94 so longs be careful) ..I am a buyer at 59ishh or 160 with Sl @ 57 now. I see DIX going to break last months high and go to 7750



Quoting nAVIN2007
dont remind me..thats all i need to put jujew (curse) on myself

i think its a close one..usd will the pin fail..all about the recovery
sterling strength is failing..so its all about usd and theres buyers..not nothing can do but wait it out..but crack is crossed as well

if it goes to 1.6..pullback and sell to 1.53
head n shoulder on dailly..what yah think azim?..look on to u?
  • #14,585
  • Jun 17, 2011 12:47am Jun 17, 2011 12:47am
Quoting wormboy
I'm just not comfortable trading cable atm, just look to the left of your chart, pull all the way back to june 2009, current level is very messy. I'd probably scalp it next week but definitely not sooner since the euro had been paying me better I'd want to keep my eye on the ball.

And in regards to the H&S, if there is actually one on the D1 it's certainly not valid yet since the neckline is still unchallenged. But if the neckline goes then yea 5300 is probably within reach. Wouldn't pin my hopes on it too early ... I mean look at the chart I attached...
very good point..i wont ask for yur input unless i felt it important..that why i say1.60 need to be seen ..it isnt realy the head n shoulder thing more the candle formation on monthly..it be a slap in the face to the bulls..but yeh i hear yah ..one step at a time

thanks bro..interesting points raised
  • #14,586
  • Jun 17, 2011 12:50am Jun 17, 2011 12:50am
Quoting ams
Don't forget matey's it's about options.....

Big boys don't play spot, they play options and they control the market with buying and selling spot for order books (dividends, M&A etc).

I heard yesterday there are big expiry eyed for 16000 so I recon we are heading there (oil trying to break much lower 94 so longs be careful) ..I am a buyer at 59ishh or 160 with Sl @ 57 now. I see DIX going to break last months high and go to 7750

man i hope yur right..im 5 times bigger short than long cause i fear we going low..stickig with bigger time frame..and it definately pointing down

jut need usd to play its part..the bulls better not be in moscow
  • #14,587
  • Jun 17, 2011 12:51am Jun 17, 2011 12:51am
Quoting ams
I see DIX going to break last months high and go to 7750
Try telling that to the pinbar lovers

But since the wick on that thing is about 6 times the body size, coming off the W1 pivot resistance I'm siding with the pinbar lovers. Usdx will likely fall first. I mean we haven't even tested my 75.2
Attached Image (click to enlarge)
Click to Enlarge Name: usdxdpb.PNG Size: 17 KB
Thank You
  • #14,588
  • Jun 17, 2011 12:54am Jun 17, 2011 12:54am
Quoting nAVIN2007
very good point..i wont ask for yur input unless i felt it important..that why i say1.60 need to be seen ..it isnt realy the head n shoulder thing more the candle formation on monthly..it be a slap in the face to the bulls..but yeh i hear yah ..one step at a time

thanks bro..interesting points raised
you're welcome brother, just don't forget it's Friday. Don't trust the very first thing you see!

Okay be back later, there are some scalps with my name on it
Thank You
  • #14,589
  • Jun 17, 2011 12:55am Jun 17, 2011 12:55am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Alarm!!!!

Oil broke low, we are going down sooner or later, not a day for longs yet!!
Next supp for oil is 86!!




Quoting ams
Don't forget matey's it's about options.....

Big boys don't play spot, they play options and they control the market with buying and selling spot for order books (dividends, M&A etc).

I heard yesterday there are big expiry eyed for 16000 so I recon we are heading there (oil trying to break much lower 94 so longs be careful) ..I am a buyer at 59ishh or 160 with Sl @ 57 now. I see DIX going to break last months high and go to 7750
  • #14,590
  • Jun 17, 2011 12:55am Jun 17, 2011 12:55am
Quoting nAVIN2007
dont remind me..thats all i need to put jujew (curse) on myself

i think its a close one..usd will the pin fail..all about the recovery
sterling strength is failing..so its all about usd and theres buyers..not nothing can do but wait it out..but crack is crossed as well

if it goes to 1.6..pullback and sell to 1.53
head n shoulder on dailly..what yah think azim?..look on to u?
Hey Nav... i think u are still rather safe. It's true that yesterday on the daily we closed as a pinbar at 6160 (which is one of the level i have on my daily chart by the way), but it's true that cable seems to start rising as a bear flag. Of course it's still too early to call anything, but u go on the hourly chart and have a look. Dx is still traped between 75.50 and 76... Rather often in the previous fridays the mofo was faking a move in one direction, and then explode to the other, but what is there right now is a perfect bounce from the DP. So i believe thechnically u are still rather safe, especially if your SL are placed over yesterday's high.
I don't want a job, i want money!
  • #14,591
  • Jun 17, 2011 12:56am Jun 17, 2011 12:56am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Confusing as it is, I hope that you are right for you as I am not in any position...will not be unless I see 160 first. I see dollar breaking higher then coming back to your level


Quoting wormboy
Try telling that to the pinbar lovers

But since the wick on that thing is about 6 times the body size, coming off the W1 pivot resistance I'm siding with the pinbar lovers. Usdx will likely fall first. I mean we haven't even tested my 75.2
  • #14,592
  • Jun 17, 2011 12:58am Jun 17, 2011 12:58am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I heard the options news from a man who is short since 67 with TP @ 60 expiry Sep21st, equal to 5000 lots, not his money ofcourse
So Indeed he has some basis for placing so much of companies money and his reputation on line. But Ofcourse with option so much in profit he doesn't need to wait to close if price goes above 62 now, does he!

He also has order to go long Aussie @ 104 level target 108...reading his order book.


Quoting nAVIN2007
man i hope yur right..im 5 times bigger short than long cause i fear we going low..stickig with bigger time frame..and it definately pointing down

jut need usd to play its part..the bulls better not be in moscow
  • #14,593
  • Jun 17, 2011 12:59am Jun 17, 2011 12:59am
Quoting ams
Confusing as it is, I hope that you are right for you as I am not in any position...will not be unless I see 160 first. I see dollar breaking higher then coming back to your level
It's alrite, I'm flat cable & I'm covered on the yoorows
Thank You
  • #14,594
  • Jun 17, 2011 1:02am Jun 17, 2011 1:02am
Quoting dario1002
Hey Nav... i think u are still rather safe. It's true that yesterday on the daily we closed as a pinbar at 6160 (which is one of the level i have on my daily chart by the way), but it's true that cable seems to start rising as a bear flag. Of course it's still too early to call anything, but u go on the hourly chart and have a look. Dx is still traped between 75.50 and 76... Rather often in the previous fridays the mofo was faking a move in one direction, and then explode to the other, but what is there right now is a perfect bounce from the DP....

yeah i put it in a place where hopefully its not hit and i know im completely wrong if hit..thanks for the encouragment

im gonna sound stupid here but wht is DX and how we use it for trading..whas it correlation and how i get that chart..sorry to ask stupid question?
  • #14,595
  • Jun 17, 2011 1:03am Jun 17, 2011 1:03am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Good one Wormie!!
Wish you the best now take some rest

Quoting wormboy
It's alrite, I'm flat cable & I'm covered on the yoorows
  • #14,596
  • Jun 17, 2011 1:08am Jun 17, 2011 1:08am
On DX if we break 76 i doubt we will see lower that soon. it is a huge number itself.. and right now ht has a huge UTL that gives it some more power (viagra effect). Seems it's definitely the line in the sand
I don't want a job, i want money!
  • #14,597
  • Jun 17, 2011 1:10am Jun 17, 2011 1:10am
Quoting ams
I heard the options news from a man who is short since 67 with TP @ 60 expiry Sep21st, equal to 5000 lots, not his money ofcourse
So Indeed he has some basis for placing so much of companies money and his reputation on line. But Ofcourse with option so much in profit he doesn't need to wait to close if price goes above 62 now, does he!

He also has order to go long Aussie @ 104 level target 108...reading his order book.

thats trading
  • #14,598
  • Jun 17, 2011 1:10am Jun 17, 2011 1:10am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
On DIX, last 4 hr candle covered all down move from past 8 hrs...There's an evidence of what's about to come I reckon.

Quoting dario1002
On DX if we break 76 i doubt we will see lowe that soon. it is a huge number itself.. and right now ht has a huge UTL that gives it some more power (viagra effect). Seems it's definitely the line in the sand
  • #14,599
  • Jun 17, 2011 1:25am Jun 17, 2011 1:25am
Quoting ams
On DIX, last 4 hr candle covered all down move from past 8 hrs...There's an evidence of what's about to come I reckon.
still... let's not forget what is goin on. The pattern on 6h and 8h are rather solid.. and yet not violated
Attached Image(s) (click to enlarge)
Click to Enlarge Name: EU6h17-06.png Size: 33 KB
Click to Enlarge Name: EU8h17-06.png Size: 33 KB
I don't want a job, i want money!
  • #14,600
  • Jun 17, 2011 1:32am Jun 17, 2011 1:32am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Once violated there won't be a pattern left is there
Have you been to a lap dance club or seen one on telly, don't they tease you all the time and then piss you off for other customer when you are in full mood, cable is doing the same
It knows what it has to do just taking it's time. I would be damm'd and sorry if it goes up without taking few SL's from 60500



Quoting dario1002
still... let's not forget what is goin on. The pattern on 6h and 8h are rather solid.. and yet not violated
12 traders viewing now