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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #15,481
  • Jun 27, 2011 8:13pm Jun 27, 2011 8:13pm
Quoting chazzle
EU went another 100+ after you said this - I should have left cable alone today and just traded EU and taken your advice - you called the moves today bud
If you check his previous posts, he calls them just about every day I had an EJ long, was thinking of cashing out when I saw Ams post earlier, so I held on for another 70 pips or so.

If you want to take a lot of stress out of trading in current market, as I mentioned before, just watch the swissy .. probably the most stable, least 'tricky' currency at the moment. When she pulls back (including crosses), just go short. Easy money. And way less stressful than trying to second-guess the cable and yurow bee-itches.
******************* I'd rather make money than be right.
  • #15,482
  • Jun 28, 2011 1:35am Jun 28, 2011 1:35am
Hello all,

I am still bullish on EU. On daily looks pretty clear to me that there is traingle and now EU wants to touch 1.45 again... Anyway I am now flat, little concerned about my last week looses.. Will try to open long position near DP
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  • #15,483
  • Jun 28, 2011 1:41am Jun 28, 2011 1:41am
Quoting 4xStar
If you want to take a lot of stress out of trading in current market, as I mentioned before, just watch the swissy .
Cheers - will have a look
  • #15,484
  • Jun 28, 2011 1:51am Jun 28, 2011 1:51am
Quoting scurt
Hello all,

I am still bullish on EU. On daily looks pretty clear to me that there is traingle and now EU wants to touch 1.45 again... Anyway I am now flat, little concerned about my last week looses.. Will try to open long position near DP
Since we're both looking to catch the hollywood trade ,
if I may, drop your bullish bias & stay flat my friend. 2 days to go before the monthly close. Current monthly candle is bearish & if it closes bearish, it will confirm the bearish dark cloud cover. A monthly bearish dark cloud cover? That'll probably take this pair 1000 pips lower at least.
I am eyeballing this formation, if it closes valid I am going to take this trade & I don't care how big the stop loss need be, I will do it. This formations on the large timeframes are extremely rare.
See you in 2 days. Have a good one
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Thank You
  • #15,485
  • Jun 28, 2011 2:00am Jun 28, 2011 2:00am
Quoting wormboy
Since we're both looking to catch the hollywood trade ,
if I may, drop your bullish bias & stay flat my friend. 2 days to go before the monthly close. Current monthly candle is bearish & if it closes bearish, it will confirm the bearish dark cloud cover. A monthly bearish dark cloud cover? That'll probably take this pair 1000 pips lower at least.
I am eyeballing this formation, if it closes valid I am going to take this trade & I don't care how big the stop loss need be, I will do it. This formations on the large timeframes are extremely rare.
See...

now yur looking at the big picture..u simply have to trust the formation after all it is a monthly
good to see back homebre

morning ladies

even this is bearish...lots of down force on the pair
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  • #15,486
  • Jun 28, 2011 2:04am Jun 28, 2011 2:04am
Quoting nAVIN2007
now yur looking at the big picture..u simply have to trust the formation after all it is a monthly
good to see back homebre

morning ladies

even this is bearish...lots of down force on the pair

Good morning everybody!
"Put your shoulder to the wheel!"
  • #15,487
  • Jun 28, 2011 2:13am Jun 28, 2011 2:13am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Sometimes I also can get lucky and yesterday was one of those days
No longs on gu apart from sclap unless it drags and keeps it ars* above 5970.

Quoting chazzle
EU went another 100+ after you said this - I should have left cable alone today and just traded EU and taken your advice - you called the moves today bud
  • #15,488
  • Jun 28, 2011 2:15am Jun 28, 2011 2:15am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Cool, good one mate! Glad you were able to hold it for another few pips..EU will keep going up before the vote tomorrow. Itmight tank later but for now it's risky to short it. Sharks infested waters

The real man, cap'n Wormie is away. Waiting for him to come back.


Quoting 4xStar
If you check his previous posts, he calls them just about every day I had an EJ long, was thinking of cashing out when I saw Ams post earlier, so I held on for another 70 pips or so.

If you want to take a lot of stress out of trading in current market, as I mentioned before, just watch the swissy .. probably the most stable, least 'tricky' currency at the moment. When she pulls back (including crosses), just go short. Easy money. And way less stressful than trying to second-guess the cable and yurow bee-itches.
  • #15,489
  • Jun 28, 2011 2:19am Jun 28, 2011 2:19am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Yep, I do not have a diff opinion to yours wormie and I reckon when this thing is over with EU vote, EU will run to the sky's to a level but then suddenly sharks will attack

Eurozone has lots of trouble, what people do not anticipate is despite the bill is passed by the parliament, people in greece can revolt and drag the govt down. We also have italy with trillions in debt after this. It ain't going anywhere soon. Though I'll place an option trade on EU not a regular cash one. As it might take 2-3 months for 500-1000 pips to come without worrying about how much drawdown is happening.


Quoting wormboy
Since we're both looking to catch the hollywood trade ,
if I may, drop your bullish bias & stay flat my friend. 2 days to go before the monthly close. Current monthly candle is bearish & if it closes bearish, it will confirm the bearish dark cloud cover. A monthly bearish dark cloud cover? That'll probably take this pair 1000 pips lower at least.
I am eyeballing this formation, if it closes valid I am going to take this trade & I don't care how big the stop loss need be, I will do it. This formations on the large timeframes are extremely rare.
See...
  • #15,490
  • Jun 28, 2011 2:57am Jun 28, 2011 2:57am
Morning everybody

i do agree with Azim... better wait for the month to close, which means.. for the week to close as well (no point in placing a trade according to monthly at friday). Meanwhile will practice on scalp.

Btw. Short GU 1.5986 SL 1.6001 DEMO SCALP
I don't want a job, i want money!
  • #15,491
  • Jun 28, 2011 2:59am Jun 28, 2011 2:59am
Quoting dario1002
Morning everybody

i do agree with Azim... better wait for the month to close, which means.. for the week to close as well (no point in placing a trade according to monthly at friday). Meanwhile will practice on scalp.

Btw. Short GU 1.5986 SL 1.6001 DEMO SCALP

u probably will get this..but the direction i believe is up on GU..1.61 target

if we hit 1.60 today it will fly up..why????????

cause it outside the dailly small trendline that why...
  • #15,492
  • Jun 28, 2011 2:59am Jun 28, 2011 2:59am
... careful of GDP news in 30 mins guys , anyone in GU - had a few good scalps this AM but being cautious now ...
  • #15,493
  • Jun 28, 2011 3:07am Jun 28, 2011 3:07am
Quoting dario1002
no point in placing a trade according to monthly at friday
it's the opposite mate

the only TF I would open a trade on and leave over W/E
  • #15,494
  • Jun 28, 2011 3:08am Jun 28, 2011 3:08am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
161, I am targetting 164...EU will pass and EU, GU will fly taking longs on board then sucking the life out of them...we are on lows to go lower me reckons... let's watch today/tomorrow..


Quoting nAVIN2007
u probably will get this..but the direction i believe is up on GU..1.61 target

if we hit 1.60 today it will fly up..why????????

cause it outside the dailly small trendline that why...
  • #15,495
  • Jun 28, 2011 3:11am Jun 28, 2011 3:11am
Quoting dario1002
Morning everybody

i do agree with Azim... better wait for the month to close, which means.. for the week to close as well (no point in placing a trade according to monthly at friday). Meanwhile will practice on scalp.

Btw. Short GU 1.5986 SL 1.6001 DEMO SCALP
Out at BE
I don't want a job, i want money!
  • #15,496
  • Jun 28, 2011 3:13am Jun 28, 2011 3:13am
Quoting nAVIN2007
u probably will get this..but the direction i believe is up on GU..1.61 target

if we hit 1.60 today it will fly up..why????????

cause it outside the dailly small trendline that why...
I won't see any long untill we close over 6020
I don't want a job, i want money!
  • #15,497
  • Jun 28, 2011 3:19am Jun 28, 2011 3:19am
Quoting dario1002
I won't see any long untill we close over 6020
upper trendline goes..chances of it breaking 1.60 is very high but might get a pullback so it will appear that 1.60 is holding as resistance..

dailly yesterday was rejecting lower levels
bulls have a chance hence the long

Quoting ams
161, I am targetting 164...EU will pass and EU, GU will fly taking longs on board then sucking the life out of them...we are on lows to go lower me reckons... let's watch today/tomorrow..
possible but needs to close above 1.62 to have anychance..
it also possible this is the bottom..we actually at very low levels and good support

all about USD its fate is being decided
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  • #15,498
  • Jun 28, 2011 3:21am Jun 28, 2011 3:21am
Quoting nAVIN2007
upper trendline goes..chances of it breaking 1.60 is very high but might get a pullback so it will appear that 1.60 is holding as resistance..

dailly yesterday was rejecting lower levels
bulls have a chance hence the long
My friend.. don't want to change your bias.. but yesterday i see a LL and then a LH. No point in longing now for me
I don't want a job, i want money!
  • #15,499
  • Jun 28, 2011 3:37am Jun 28, 2011 3:37am
ok - short the bounce toward 15880
  • #15,500
  • Jun 28, 2011 3:47am Jun 28, 2011 3:47am
Quoting dario1002
My friend.. don't want to change your bias.. but yesterday i see a LL and then a LH. No point in longing now for me
this thing is up and down like a mofo..i should have exited weaker position but kept to plan..

bloody trading
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