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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #16,141
  • Jul 8, 2011 3:38am Jul 8, 2011 3:38am
Quoting nAVIN2007
azim is a seasoned trader..and i have said it plenty of times, over 10 years of experience and he is where he is cause of his ability to swing trade..if u look through what was his journey journal..u can see it!!

over time he developed toughness and has good balance to absorb, minor shock..

this is the reality:-
people scalp generally cause they are over leveraged, have little or no discipline and end up trading emotions..and they become prey to the market unless u exit quick!!!

i made over 1k pips last month..and had an easy time
if...
bro, I don't have 10 years of experience ....
Thank You
  • #16,142
  • Jul 8, 2011 3:38am Jul 8, 2011 3:38am
Quoting wormboy
the new swing didn't produce a new higher high, that LTL you drew isn't reliable yet ..

Have a good one too bro

u mean the red line to the right..i have it there cause it where im looking to get a possible short entry..just a gauge

Quoting wormboy
bro, I don't have 10 years of experience ....
u have a trading head older
  • #16,143
  • Jul 8, 2011 3:43am Jul 8, 2011 3:43am
Quoting dario1002
ok... and one last question for today.. i swear...

in the past u were mostly scalping the 5m (as far as i know). Lately u are talking more about the 1m. What makes u decide which TF to use?
Market condition. Did you check the week's average? It's getting narrower & usually the m5 would land you in many wild swings in current conditions.
Thank You
  • #16,144
  • Jul 8, 2011 3:45am Jul 8, 2011 3:45am
Quoting wormboy
Market condition. Did you check the week's average? It's getting narrower & usually the m5 would land you in many wild swings in current conditions.
This is crazy trading condition.
GU act as a B*tch lately.

The passage trough 6120 did hurt on my side.
Didn't expect that much from it.
"It's not about the pay check, it's about crushing the rebellion"
  • #16,145
  • Jul 8, 2011 3:46am Jul 8, 2011 3:46am
Quoting wormboy
Market condition. Did you check the week's average? It's getting narrower & usually the m5 would land you in many wild swings in current conditions.

so... if i got u right... the narrower is the market... the lower TF we use (1m). The bigger is the market... we can look to 5m charts (and i bet it's even best to make position trading).
I don't want a job, i want money!
  • #16,146
  • Jul 8, 2011 3:46am Jul 8, 2011 3:46am
Quoting nAVIN2007
u mean the red line to the right..i have it there cause it where im looking to get a possible short entry..just a gauge
no the green rising ltl
Thank You
  • #16,147
  • Jul 8, 2011 3:48am Jul 8, 2011 3:48am
Quoting Mattz
This is crazy trading condition.
GU act as a B*tch lately.

The passage trough 6120 did hurt on my side.
Didn't expect so much from it.
yep, 70 pips range yesterday. Either those traders had all gone to bora bora for the sun & summer's here wee bit early this year or something big is brewing waiting to explode. Your guess is as good as mine
Thank You
  • #16,148
  • Jul 8, 2011 3:51am Jul 8, 2011 3:51am
Quoting dario1002
so... if i got u right... the narrower is the market... the lower TF we use (1m). The bigger is the market... we can look to 5m charts (and i bet it's even best to make position trading).
To be on the safe side, yes.
But don't take my word for it, try it for yourself & see. Summer holidays is around the corner, momentum will die down, you'd get tight daily/weekly range,
open 2 different accounts & try to scalp one with the m5 & the other with the m1. You'll see
Thank You
  • #16,149
  • Jul 8, 2011 3:52am Jul 8, 2011 3:52am
Quoting wormboy
no the green rising ltl
yeah my bad..trying to forecast possible pattern..but the other one is ok thou right?
  • #16,150
  • Jul 8, 2011 3:53am Jul 8, 2011 3:53am
Quoting wormboy
To be on the safe side, yes.
But don't take my word for it, try it for yourself & see. Summer holidays is around the corner, momentum will die down, you'd get tight daily/weekly range,
open 2 different accounts & try to scalp one with the m5 & the other with the m1. You'll see
Will do. Trade what i see, not what other says... once a guy told me that, and it sounded smart
I don't want a job, i want money!
  • #16,151
  • Jul 8, 2011 3:56am Jul 8, 2011 3:56am
Quoting nAVIN2007
yeah my bad..trying to forecast possible pattern..but the other one is ok thou right?
yup, I have the other one on my chart as well
Thank You
  • #16,152
  • Jul 8, 2011 3:56am Jul 8, 2011 3:56am
Quoting dario1002
Will do. Trade what i see, not what other says... once a guy told me that, and it sounded smart
I think I know that smart guy
Thank You
  • #16,153
  • Jul 8, 2011 3:59am Jul 8, 2011 3:59am
Quoting wormboy
I think I know that smart guy

too bad sometimes he gets menstruations... but what to do...
I don't want a job, i want money!
  • #16,154
  • Jul 8, 2011 4:02am Jul 8, 2011 4:02am
Quoting wormboy
I think I know that smart guy

ok... as long as i promised not to ask u anymore questions for today.. i will just ask a question in general to everybody

For everybody who has FXCM and some mt4 platform... did u notice that even if the DP is at the same place, the middle pivots sometimes are tather different from each other? even 10-15 pips apart from each other
I don't want a job, i want money!
  • #16,155
  • Jul 8, 2011 4:06am Jul 8, 2011 4:06am
Quoting wormboy
You picked the wrong day to "relax" then lol
yea ... gonna be a long day charles
Be back for nfp, later fellas!
Thank You
  • #16,156
  • Jul 8, 2011 4:24am Jul 8, 2011 4:24am
ok for today it was me who made the "botherin part" and asked 1000 questions. How about sometimes it is somebody else????
I don't want a job, i want money!
  • #16,157
  • Jul 8, 2011 4:28am Jul 8, 2011 4:28am
Quoting dario1002
ok for today it was me who made the "botherin part" and asked 1000 questions. How about sometimes it is somebody else????

man i so tempted to take a short..its rediculious
but with nf around the corner i know it gonna be painfull error
  • #16,158
  • Jul 8, 2011 4:38am Jul 8, 2011 4:38am
Quoting nAVIN2007
man i so tempted to take a short..its rediculious
but with nf around the corner i know it gonna be painfull error

Cable did just 47 pips today... still everything has to happen. but i recon 5976 seems to be gone.. But with big news and friday... not sure it's good idea, unless u are already in and shorting
I don't want a job, i want money!
  • #16,159
  • Jul 8, 2011 4:40am Jul 8, 2011 4:40am
long scalp GU 5950 SL 5936 reason: yesterday's low + weekly S1 + middle support 2
I don't want a job, i want money!
  • #16,160
  • Jul 8, 2011 4:46am Jul 8, 2011 4:46am
Quoting dario1002
long scalp GU 5950 SL 5936 reason: yesterday's low + weekly S1 + middle support 2

narrowing SL @ 5940
I don't want a job, i want money!
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