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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #15,361
  • Jun 24, 2011 7:35am Jun 24, 2011 7:35am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Dude, good data means good day....I think we are edging higher....cable'll fly to 64 me thinks if we go above 6080 this week or next ..
exception is today is friday so don't think we will see much bullish moves.


Quoting nAVIN2007
is this a bearish pennant?? is the question, dailly is bearish..and im having no bias..gone short as things have changed bit


edit im flat..i havent got a clue
  • #15,362
  • Jun 24, 2011 7:37am Jun 24, 2011 7:37am
Quoting GlobalMacro
Hey guys,

so let's see what we've got here...

bear pressure's still on...bearish sentiment readings even more intensive

If this setup remains as is I'll be looking for an opportunity to enter a short trade...

will be watching her next move...
thats the problem..theres actually bullish PA but iif usd is rising is cancelling it all out..and make no mistake that sum bitch is rockin!!
  • #15,363
  • Jun 24, 2011 7:42am Jun 24, 2011 7:42am
Quoting dario1002
and... why?
whatever happened to you're gonna figure it our first before you ask me?? geeeeeez
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Thank You
  • #15,364
  • Jun 24, 2011 7:55am Jun 24, 2011 7:55am
Quoting wormboy
whatever happened to you're gonna figure it our first before you ask me?? geeeeeez

ehehe sorry... i was just watching what seemed to be a bear flag on the ltf... that's why i asked
I don't want a job, i want money!
  • #15,365
  • Jun 24, 2011 7:57am Jun 24, 2011 7:57am
Hello all,

I am currently long EU 1,4209 and GU 1,6014, the reason is:
H4 bullish candle, create hlow, yesterday closes for me is that bulls are still in control...

EDIT: SL have on EU 4115 and GU 5930
Targets on EU 43 for TP1 and 44 as TP2
Targets on GU 6090(tp1) and small soldier will try 1,63

hope this take me higher
Inserted Video
  • #15,366
  • Jun 24, 2011 8:00am Jun 24, 2011 8:00am
Quoting wormboy
i'm putting a small bet on yoorow
buying here with stop placed @4115, will add at the close of 230
added @234
Thank You
  • #15,367
  • Jun 24, 2011 8:01am Jun 24, 2011 8:01am
right took short this time sticking to it..bet i get it!!!
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  • #15,368
  • Jun 24, 2011 8:16am Jun 24, 2011 8:16am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Good luck Nav, though I personally think what london trades matters the most and they don't seem to be bearish today...
However it can change when US comes online..given it's friday not sure if we will see a big sell-off

Quoting nAVIN2007
right took short this time sticking to it..bet i get it!!!
  • #15,369
  • Jun 24, 2011 8:21am Jun 24, 2011 8:21am
Quoting ams
Good luck Nav, though I personally think what london trades matters the most and they don't seem to be bearish today...
However it can change when US comes online..given it's friday not sure if we will see a big sell-off

im going with the dailly..we still below yesterday high..
and i wont put it past them if usd broke up..never bloody know, i kinda trade what is the least expect, i learned that generally happens

my lines are saying down..be lucky my man!
  • #15,370
  • Jun 24, 2011 8:27am Jun 24, 2011 8:27am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I am only doing scalps...
Reason: Market is shite from past few days
Another reason: Market was heavily short yesterday when greece new came @ 2000hrs and everyone covered their short position but didn't buy. This morning europe covered their short positions but didn't buy either. Now we are flat and that's how we will end the week doing ping pong me thinks!

Quoting nAVIN2007
im going with the dailly..we still below yesterday high..
and i wont put it past them if usd broke up..never bloody know, i kinda trade what is the least expect, i learned that generally happens

my lines are saying down..be lucky my man!
  • #15,371
  • Jun 24, 2011 8:31am Jun 24, 2011 8:31am
Quoting nAVIN2007
im going with the dailly..we still below yesterday high..
and i wont put it past them if usd broke up..never bloody know, i kinda trade what is the least expect, i learned that generally happens

my lines are saying down..be lucky my man!
i agree, whatever happens... ..have a great weekend...stay lucky Nav..
All systems of divination, like music itself,work through patterns.
  • #15,372
  • Jun 24, 2011 8:43am Jun 24, 2011 8:43am
Quoting kaspopsicle
i agree, whatever happens... ..have a great weekend...stay lucky Nav..

thanks K and im gonna try
  • #15,373
  • Jun 24, 2011 8:53am Jun 24, 2011 8:53am
Quoting nAVIN2007
thats the problem..theres actually bullish PA but iif usd is rising is cancelling it all out..and make no mistake that sum bitch is rockin!!
There is no bullish PA, Nav...Chop shop at best...overall very heavy still

you in any trade?
Hear the music before the song is over ...
  • #15,374
  • Jun 24, 2011 8:57am Jun 24, 2011 8:57am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Hey GM,

Not sure about cable being bearish for now but indeed not bullish either.
Indeed shorts are on the table but cable being cable I am not sure shorts will come any sooner.



Quoting GlobalMacro
Hey guys,

so let's see what we've got here...

bear pressure's still on...bearish sentiment readings even more intensive

If this setup remains as is I'll be looking for an opportunity to enter a short trade...

will be watching her next move...
  • #15,375
  • Jun 24, 2011 9:05am Jun 24, 2011 9:05am
Quoting GlobalMacro
There is no bullish PA, Nav...Chop shop at best...overall very heavy still

you in any trade?

in short bro!!..was the bullish candle on 4hr which was troubling me..over it now thou..looking for breakout lower
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  • #15,376
  • Jun 24, 2011 9:08am Jun 24, 2011 9:08am
Quoting nAVIN2007
thanks K and im gonna try
Hi Navin,

Short EU, Today I wasn't able to stay in front of my screen, busy with other things but i had one pending order, one short just below WP 4275, now my stop is at Be and im looking for a trade on Gu, i just read that some traders are in opposite position, i will post my view later.
BTW i sent you pm
Trade with the momentum
  • #15,377
  • Jun 24, 2011 9:08am Jun 24, 2011 9:08am
8hr

plus usd has totally bounced back..61.8 retrace..she looking deadly imho
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  • #15,378
  • Jun 24, 2011 9:11am Jun 24, 2011 9:11am
Quoting sailor68
Hi Navin,

Short EU, Today I wasn't able to stay in front of my screen, busy with other things but i had one pending order, one short just below WP 4275, now my stop is at Be and im looking for a trade on Gu, i just read that some traders are in opposite position, i will post my view later.
BTW i sent you pm

oh yeah !!..nope never got it buddy
  • #15,379
  • Jun 24, 2011 9:18am Jun 24, 2011 9:18am
Quoting nAVIN2007
oh yeah !!..nope never got it buddy
and ebook did you get it ?
Trade with the momentum
  • #15,380
  • Jun 24, 2011 9:20am Jun 24, 2011 9:20am
Quoting ams
Hey GM,

Not sure about cable being bearish for now but indeed not bullish either.
Indeed shorts are on the table but cable being cable I am not sure shorts will come any sooner.
How're you doing AMS?

well...imho cable's just consolidating her losses before another leg down

overall environment still very negative for her...
Hear the music before the song is over ...
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