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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #14,721
  • Jun 20, 2011 7:04am Jun 20, 2011 7:04am
Quoting dario1002
ok .. first attempt to try scalping went bad... just demo try... -12 pips
go again.

the h4 printed temporary bottom. keep buying as price cross over 220
Thank You
  • #14,722
  • Jun 20, 2011 7:07am Jun 20, 2011 7:07am
Quoting wormboy
Stop amended.

GBPUSD

1. long @6118 sl @6120 (0.5)

Stop amended.

GBPUSD

1. long @6118 sl @6130 (0.5)
Thank You
  • #14,723
  • Jun 20, 2011 7:10am Jun 20, 2011 7:10am
Quoting wormboy
go again.

the h4 printed temporary bottom. keep buying as price cross over 220

ok...

look cable getting momentum up...
I don't want a job, i want money!
  • #14,724
  • Jun 20, 2011 7:34am Jun 20, 2011 7:34am
Quoting wormboy
watch for euro scalps (long) opps as well. Good risk reward since LO.
Good luck
scalps that went boom. Banked 30 large
Attached Image (click to enlarge)
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Thank You
  • #14,725
  • Jun 20, 2011 7:36am Jun 20, 2011 7:36am
Quoting wormboy
scalps that went boom. Banked 30 large
btw, I cleared because of the day open.
If price close above 270, I'd buy again because we're likely test 350 level
Thank You
  • #14,726
  • Jun 20, 2011 7:46am Jun 20, 2011 7:46am
Quoting wormboy
btw, I cleared because of the day open.
If price close above 270, I'd buy again because we're likely test 350 level

hmmm i see.. price never went to 4220 again after u told me... but still... i watch and learn

thanks for the explanation.

If price goes over 4270 will u keep scalping u mean? or open usual position?

btw... dx broke the bear flag
I don't want a job, i want money!
  • #14,727
  • Jun 20, 2011 7:58am Jun 20, 2011 7:58am
Quoting dario1002
hmmm i see.. price never went to 4220 again after u told me... but still... i watch and learn
Problem with people, always wanting price to come back. It's a scalp setup my friend, it closed back above you just buy, don't wait.

Quoting dario1002
thanks for the explanation.
Don't mention it.

Quoting dario1002
If price goes over 4270 will u keep scalping u mean? or open usual position?
will enter as a scalp, but you never know, like last Friday, 2 of my scalp entries ended about 300 pips.

Quoting dario1002
btw... dx broke the bear flag
yes, only problem is it's sitting smack on the W1 pvp. The 270 break will coincide with the pivot break. Be patient
Thank You
  • #14,728
  • Jun 20, 2011 8:05am Jun 20, 2011 8:05am
here we go


Inserted Video
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  • #14,729
  • Jun 20, 2011 8:10am Jun 20, 2011 8:10am
Quoting wormboy
here we go


http://www.youtube.com/watch?v=AKtwlHV1-O8

ok... again demo scalp... just longed after the break of 4270 + 7 booked.. exited at touch of round number 43

and Azim... i know u saw it... but we are going into the 7th hour for cable
I don't want a job, i want money!
  • #14,730
  • Jun 20, 2011 8:12am Jun 20, 2011 8:12am
Quoting dario1002
ok... again demo scalp... just longed after the break of 4270 + 7 booked.. exited at touch of round number 43
well done.

I banked some more.
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Thank You
  • #14,731
  • Jun 20, 2011 8:19am Jun 20, 2011 8:19am
Quoting wormboy
well done.

I banked some more.

ok... seems u went down on the 1m chart.. and longed at the second candle that closed exactly at 4270... am i right?
I don't want a job, i want money!
  • #14,732
  • Jun 20, 2011 8:23am Jun 20, 2011 8:23am
Quoting sailor68
Hi all,

Good start, i closed my short on Ej (at friday's Low). I have one eu short (since friday 4260 stop at Be) TP1 4130 TP2 4080, let see waiting for the close of next H4 on Usdlfx.
Eu stopped at be, since nice scalp with dragon (only short),area of 129.97 - 129.78 support 129.65
Trade with the momentum
  • #14,733
  • Jun 20, 2011 8:26am Jun 20, 2011 8:26am
Quoting dario1002

and Azim... i know u saw it... but we are going into the 7th hour for cable
yes. but I want to stay in since this trade is locked in money, the yoorow scalps earlier had already paid me close to $800.

This is when it's perfectly fine to be greedy
Thank You
  • #14,734
  • Jun 20, 2011 8:31am Jun 20, 2011 8:31am
Quoting dario1002
ok... seems u went down on the 1m chart.. and longed at the second candle that closed exactly at 4270... am i right?
No.
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Thank You
  • #14,735
  • Jun 20, 2011 8:35am Jun 20, 2011 8:35am
Quoting wormboy
yes. but I want to stay in since this trade is locked in money, the yoorow scalps earlier had already paid me close to $800.

This is when it's perfectly fine to be greedy

f@ck... u make it looks easy...
I don't want a job, i want money!
  • #14,736
  • Jun 20, 2011 8:41am Jun 20, 2011 8:41am
Quoting dario1002
f@ck... u make it looks easy...
Because some days like last thursday, friday & today it's been really easy.
You gotta stay nimble tho, had I stubbornly stayed with the HTF, I'd be watching all the money move back & forth for nothing

& btw, I did give you that 220 freebie, so you're welcome!
Thank You
  • #14,737
  • Jun 20, 2011 8:44am Jun 20, 2011 8:44am
Quoting wormboy
Because some days like last thursday, friday & today it's been really easy.
You gotta stay nimble tho, had I stubbornly stayed with the HTF, I'd be watching all the money move back & forth for nothing

& btw, I did give you that 220 freebie, so you're welcome!

eheh yes.. thanks

but before going to lower TF i prefer to spend some time in demo with it...
I don't want a job, i want money!
  • #14,738
  • Jun 20, 2011 8:58am Jun 20, 2011 8:58am
Quoting wormboy
the yoorow scalps earlier had already paid me close to $800.
Make that $1k from them scalps. Banked 23 more. I know I had a projection of 350 for the day, but it looks a bit toppy now with that rising wedge that is forming on the m5. I'd buy again from a better price, no harm done if price continues to shoot up from here on.
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Thank You
  • #14,739
  • Jun 20, 2011 9:00am Jun 20, 2011 9:00am
Quoting dario1002
eheh yes.. thanks

but before going to lower TF i prefer to spend some time in demo with it...
Absolutely right move. Just keep in mind, when it is scalping, you do not wait like it is the H4 onwards, you define the levels to trade & just pull the trigger.
The losses should not worry you, because it is scalping the losses are fairly small & quite easy to recover if you are willing to pull the trigger.
Thank You
  • #14,740
  • Jun 20, 2011 9:01am Jun 20, 2011 9:01am
Quoting wormboy
No.
Hi Azim
thanks for the wonderful lesson in scalping today,
can i ask how you determine or the basis in closing the scalps, i notice a high % were done at or near the highs as shown in this post of yours,
i have also included last Fri's chart where a good majority of your scalps were closed at the highs
thanks in advance
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