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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #15,141
  • Jun 23, 2011 8:06am Jun 23, 2011 8:06am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hmm, u r right there...htf and capacity for drawdown...I told u about my IB trader mate who bought 5000 lots for 1.60 expiry. He must be a happy bunny today! although he gave me heads up I didn't play on his advice, I thought that's banks money if sucker loses. I can't loose mine. regrets!!

Yeah, options were closed in profit. Apart from the pound who is rock solid today as compare to other pairs. Well all is well if end is well. I reckon cable will go higher then come back too..


Quoting wormboy
I didn't plan on trading. I was trying to figure out what went wrong actually, went thru my trade report & saw most of the failed trades this month came from the htf. So I figured I'd give the fast chart one last shot after price crossed 350 earlier, & it paid off.
Still haven't rectified my HTF issues tho, I plan to work on that soon. Working on these ltf will bite back hard if overdone


Hey ... at least you closed them all in profit no? I had one helluva day climbing back out from a hole.
  • #15,142
  • Jun 23, 2011 8:15am Jun 23, 2011 8:15am
Quoting ams
Hmm, u r right there...htf and capacity for drawdown...I told u about my IB trader mate who bought 5000 lots for 1.60 expiry. He must be a happy bunny today! although he gave me heads up I didn't play on his advice, I thought that's banks money if sucker loses. I can't loose mine. regrets!!

Yeah, options were closed in profit. Apart from the pound who is rock solid today as compare to other pairs. Well all is well if end is well. I reckon cable will go higher then come back too..

the dollar gonna screw every1 long..last week was a doji..price has tested the top side..i wont be at all surprised to see it end this wek as a doji..when it touches the bottom side, might be time to sell against it

but think the smart money is on that as apposed to it happening now
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  • #15,143
  • Jun 23, 2011 8:26am Jun 23, 2011 8:26am
yes spinning top last week ,difficult read ,,spinning top after bullish move week prior ,can = continuation ,anyway last wk candle not bearish after tl touch also ,were now at that tl ,got 4 hours to break ,approach is positive for bulls ,
break and straight to 1.6150

gold also at rising tl ,its the same tl
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #15,144
  • Edited 10:30am Jun 23, 2011 8:37am | Edited 10:30am
Quoting kaspopsicle
long : Cable 15989...i might get out before the news
i'm begining to think that i'm flogging , or rather have bought a dead horse.... looking for a decent exit.

Exit 15981 -8..( opon below 15980 H4) On the side whilst looking for scalp either way. Price has broken to downside of demand since 24 may on daily...so am looking more for bears than bulls.
All systems of divination, like music itself,work through patterns.
  • #15,145
  • Jun 23, 2011 8:39am Jun 23, 2011 8:39am
straight to 2.2800 under that 2.2600 is target

Quoting Bones
I see eur at 2.2800 would like 2.2600
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #15,146
  • Jun 23, 2011 8:40am Jun 23, 2011 8:40am
2.2600/1.6150=eur/usd 1.3993
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #15,147
  • Jun 23, 2011 8:41am Jun 23, 2011 8:41am
Quoting Bones
yes spinning top last week ,difficult read ,,spinning top after bullish move week prior ,can = continuation ,anyway last wk candle not bearish after tl touch also ,were now at that tl ,got 4 hours to break ,approach is positive for bulls ,
break and straight to 1.6150

gold also at rising tl ,its the same tl
its not going to be easy tony..theres also confluence with 61.8
anyway im a cable bull long term

(b4 u say it tone :- i know, if i had sold instead of bought id be sweet..)
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  • #15,148
  • Jun 23, 2011 8:48am Jun 23, 2011 8:48am
Hey Nav we all got to make our own minds up ,but really I think later your wonder why your a cable bull all time frames say down including now the quarterly which closes next week ,

think about it were now well under 1.6
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #15,149
  • Jun 23, 2011 8:56am Jun 23, 2011 8:56am
so much for the nap!
Thank You
  • #15,150
  • Jun 23, 2011 8:59am Jun 23, 2011 8:59am
Quoting Bones
Hey Nav we all got to make our own minds up ,but really I think later your wonder why your a cable bull all time frames say down including now the quarterly which closes next week ,

think about it were now well under 1.6

how low u think cable can go?
im actually buying into 1.6..then looking for shorts

i thought 1.60 may hold..being a major pivot to go up
  • #15,151
  • Jun 23, 2011 8:59am Jun 23, 2011 8:59am
Quoting wormboy
yea lost the plot earlier, sorry

Long dollar only, we're past 75.2, 75.8 level is obviously next.
Counter trades not worth the time imo, the downtrend had just resumed on all the majors.
Dollar bulls just gave 75.8 a nudge. That clears, we'll see 76.
Thank You
  • #15,152
  • Jun 23, 2011 9:01am Jun 23, 2011 9:01am
Quoting nAVIN2007
how low u think cable can go?
5795 next stop bro
Thank You
  • #15,153
  • Jun 23, 2011 9:04am Jun 23, 2011 9:04am
Quoting wormboy
Dollar bulls just gave 75.8 a nudge. That clears, we'll see 76.
don't u think it's too risky to short now?
I don't want a job, i want money!
  • #15,154
  • Jun 23, 2011 9:07am Jun 23, 2011 9:07am
take a look at eur gbp ,eur will be more bearish ,the gbp is under all lows on my chart , I am monitoring reaction ,more than likely a fib expansion longer term ,
but look at the weekly gbp lfx now on Thursday afternoon ,what do you expect
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #15,155
  • Jun 23, 2011 9:10am Jun 23, 2011 9:10am
Quoting dario1002
don't u think it's too risky to short now?
Depends on your risk tolerance I suppose.
Thank You
  • #15,156
  • Jun 23, 2011 9:12am Jun 23, 2011 9:12am
Quoting wormboy
Depends on your risk tolerance I suppose.

ok... for NOT scalping
I don't want a job, i want money!
  • #15,157
  • Jun 23, 2011 9:19am Jun 23, 2011 9:19am
Quoting Bones
take a look at eur gbp ,eur will be more bearish ,the gbp is under all lows on my chart , I am monitoring reaction ,more than likely a fib expansion longer term ,
but look at the weekly gbp lfx now on Thursday afternoon ,what do you expect

i have no idea how to work out how low but i see what your saying i was having the same idea..that was why i was short yesterday, i just bottled it cause my entries werent good

live to learn..still thou, should see 1.60 again
  • #15,158
  • Jun 23, 2011 9:23am Jun 23, 2011 9:23am
Hey Nav I see your trade just no confirmation for me 1.6 is a great pivot ,probably see again like you say even if broke ,catch you later
On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #15,159
  • Jun 23, 2011 9:24am Jun 23, 2011 9:24am
Quoting dario1002
ok... for NOT scalping
okay. You know that big ass ltl is completely gone, the 6000 barrier looks set to be taken out as well.
5795 will be tested soon
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Thank You
  • #15,160
  • Jun 23, 2011 9:27am Jun 23, 2011 9:27am
  •  samirb
  • | Joined Nov 2009 | Status: Investing is simple, but not easy. | 247 Posts
Quoting nAVIN2007
how low u think cable can go?
im actually buying into 1.6..then looking for shorts

i thought 1.60 may hold..being a major pivot to go up
Quoting samirb
Good day everything

i think weekly black crows will play

Good luck in your trades

Regards

Good day everyone..
Blue box will complete the technical target for the h4 flag then i am expecting a retracement

Good luck in your trades..

Regards
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