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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #15,221
  • Jun 23, 2011 12:39pm Jun 23, 2011 12:39pm
Quoting dario1002
come on.. can't u see? there is a candle that open under the neckline, and close over it
Close above 83? Nope, I don't see one. All your candles close in between the neckline.
Thank You
  • #15,222
  • Jun 23, 2011 12:41pm Jun 23, 2011 12:41pm
Quoting dario1002
ok... so u meant that opens and closes over the neckline...

did u mean that even when u scalp???
We've always done the close the same way, you know this. Close above the neckline.
Thank You
  • #15,223
  • Jun 23, 2011 12:41pm Jun 23, 2011 12:41pm
Quoting wormboy
watch the current m5, atm it is over the neckline. if it stays over at the candle close, the pattern will be valid & tradeable.
Nope, not trading it yet.
Thank You
  • #15,224
  • Jun 23, 2011 12:42pm Jun 23, 2011 12:42pm
Quoting wormboy
agreed, except if you're scalping the m1, gotta be wee bit lenient as most of the times, waiting for the confirmation on those, can cause a good 10-12 pips to slip. 10-12 pips most of the time is sufficient tp
Thanks Wormie. i'm quite scared of M1 cos of that reason . I'm in process of setting up M1 adjacent to M5 cos the time slip between the two is , i find ,quite scary. But , the info from M1 i find crucial after a protracted line of price consolidation. Cheers mate , helped me along the road again
All systems of divination, like music itself,work through patterns.
  • #15,225
  • Jun 23, 2011 12:42pm Jun 23, 2011 12:42pm
Quoting GlobalMacro
Here's a snapshot of what I'm looking at right now...I'm not ready to play yet either way
hey how long before the current h8 on yours close bro?
Thank You
  • #15,226
  • Jun 23, 2011 12:45pm Jun 23, 2011 12:45pm
Quoting kaspopsicle
Thanks Wormie. i'm quite scared of M1 cos of that reason . I'm in process of setting up M1 adjacent to M5 cos the time slip between the two is , i find ,quite scary. But , the info from M1 i find crucial after a protracted line of price consolidation. Cheers mate , helped me along the road again
You're welcome kas
Thank You
  • #15,227
  • Jun 23, 2011 12:50pm Jun 23, 2011 12:50pm
by the time we get a candle that closes over the neckline, the H&S is gonna look like the hunchback of notre dame
Thank You
  • #15,228
  • Jun 23, 2011 12:52pm Jun 23, 2011 12:52pm
that is just getting ridicoulus.... ok i go to eat.. SL is in place... will see when i am back
I don't want a job, i want money!
  • #15,229
  • Jun 23, 2011 12:57pm Jun 23, 2011 12:57pm
If PA breaks below 5966, isn't the H+S kind of a distant memory?
  • #15,230
  • Jun 23, 2011 12:58pm Jun 23, 2011 12:58pm
Quoting DrPippnstein
If PA breaks below 5966, isn't the H+S kind of a distant memory?

Or does it need to break below the shoulders at 5953 to invalidate the pattern?
  • #15,231
  • Jun 23, 2011 1:01pm Jun 23, 2011 1:01pm
Quoting DrPippnstein
Or does it need to break below the shoulders at 5953 to invalidate the pattern?
This & to begin with this pattern is still not valid anyway without the neckline break.
I get what you're asking tho ..
Thank You
  • #15,232
  • Jun 23, 2011 1:03pm Jun 23, 2011 1:03pm
close the trade.. as the H&S looks more like rising wedge now on 5m
I don't want a job, i want money!
  • #15,233
  • Jun 23, 2011 1:07pm Jun 23, 2011 1:07pm
Quoting dario1002
close the trade.. as the H&S looks more like rising wedge now on 5m
now we gonna fly up ..
Thank You
  • #15,234
  • Jun 23, 2011 1:10pm Jun 23, 2011 1:10pm
Quoting wormboy
hey how long before the current h8 on yours close bro?
in approximately 2 hours....that be let me count....8 p.m. GMT
Hear the music before the song is over ...
  • #15,235
  • Jun 23, 2011 1:10pm Jun 23, 2011 1:10pm
Quoting wormboy
This & to begin with this pattern is still not valid anyway without the neckline break.
I get what you're asking tho ..

Understood, thx
  • #15,236
  • Jun 23, 2011 1:19pm Jun 23, 2011 1:19pm
worth keeping an eye on it
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #15,237
  • Jun 23, 2011 1:20pm Jun 23, 2011 1:20pm
Quoting wormboy
now we gonna fly up ..
yeah right...
I don't want a job, i want money!
  • #15,238
  • Jun 23, 2011 1:33pm Jun 23, 2011 1:33pm
not enough digits

Quoting GlobalMacro
Here's a snapshot of what I'm looking at right now...I'm not ready to play yet either way
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On-site guru & also FF member's' psychiatrist, when not drinking tea
  • #15,239
  • Jun 23, 2011 1:39pm Jun 23, 2011 1:39pm
:nerd:
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Thank You
  • #15,240
  • Jun 23, 2011 1:43pm Jun 23, 2011 1:43pm
Quoting Bones
not enough digits

Tony, Bernanke did a nice job of talking the dough up yday...they're selling everything from cable to fiber to XAU...
Bears are having a field day...nothing bullish yet, I agree....
Hear the music before the song is over ...
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