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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #16,621
  • Jul 22, 2011 9:56am Jul 22, 2011 9:56am
Quoting wormboy
oh yes ...

I have 3 bars bought when it was cheap cheap so ..... long may the uptrend continue

  • #16,622
  • Jul 22, 2011 10:21am Jul 22, 2011 10:21am
boring day..damn i entered a trade yesterday looking for a retest of 1.62 and i get this
  • #16,623
  • Jul 22, 2011 11:59am Jul 22, 2011 11:59am
Quoting wormboy
stop removed

1. long @6316 sl @ - (0.5)
closed @6316

have a great weekend fellas
Thank You
  • #16,624
  • Jul 25, 2011 2:32am Jul 25, 2011 2:32am
Shorting aiming for WP which I believe is at 16220. Stop at last weeks' high 16346.
  • #16,625
  • Jul 25, 2011 3:06am Jul 25, 2011 3:06am
morning fellas...

we are at the good old 6270... remember how much fun we had at this level not long ago? For me it could easily go either way.. A close under 6270 could lead us again to 6154.... while if we manage to break the high 64 is in play. The only thing we have to see is... if the last bullish week was jusst a retest of the bearish pennant, or if we broke bullish flag (weekly chart on both).

As for EU we are testing a HTL (weekly chart still)and it's been several weeks that we can see how buyers are sitting at 1.40. As strange as it might seems EU looks like being more bullish than GU atm (watch out for the 4h bullflag.. if triggers). Trade safe fellas
I don't want a job, i want money!
  • #16,626
  • Jul 25, 2011 3:12am Jul 25, 2011 3:12am
Quoting dario1002
morning fellas...

we are at the good old 6270... remember how much fun we had at this level not long ago? For me it could easily go either way.. A close under 6270 could lead us again to 6154.... while if we manage to break the high 64 is in play. The only thing we have to see is... if the last bullish week was jusst a retest of the bearish pennant, or if we broke bullish flag (weekly chart on both).

As for EU we are testing a HTL (weekly chart still)and it's been several weeks that we can see how buyers are sitting at 1.40. As strange as it might...

can u post a chart of retest of bearish pennant plz ..
  • #16,627
  • Jul 25, 2011 3:16am Jul 25, 2011 3:16am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Market's are really undecided for now. We can see on the charts.

I would suggest play the range but be bearish on the dollar and play longs. Either way dollar will tank. Debt deal as the name suggests would pile more debt on the US and ratings will be effected regardless sooner or later when things are looking pretty grim for other currencies

Euro might tank as the big players would try and take the SL's out of way then go ballistic later. If the deal is not done euro will reach yearly high's in 2-3 days! However, if it's done then we will range. Cable will struggle though with it's own issues. Nevertheless it'll go higher, potentially 64-67.


Quoting dario1002
morning fellas...

we are at the good old 6270... remember how much fun we had at this level not long ago? For me it could easily go either way.. A close under 6270 could lead us again to 6154.... while if we manage to break the high 64 is in play. The only thing we have to see is... if the last bullish week was jusst a retest of the bearish pennant, or if we broke bullish flag (weekly chart on both).

As for EU we are testing a HTL (weekly chart still)and it's been several weeks that we can see how buyers are sitting at 1.40. As strange as it might...
  • #16,628
  • Jul 25, 2011 3:17am Jul 25, 2011 3:17am
Quoting nAVIN2007
can u post a chart of retest of bearish pennant plz ..
sure
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I don't want a job, i want money!
  • #16,629
  • Jul 25, 2011 3:23am Jul 25, 2011 3:23am
Quoting dario1002
sure

thanks
  • #16,630
  • Jul 25, 2011 3:36am Jul 25, 2011 3:36am
Quoting nAVIN2007
thanks
r u long? short, flat, sideways, transversal?
I don't want a job, i want money!
  • #16,631
  • Edited 4:04am Jul 25, 2011 3:43am | Edited 4:04am
Quoting dario1002
r u long? short, flat, sideways, transversal?

im looking at same thing
so far perfect retest on weekly

also another point..talk in UK over the weekend is quantatitive easing..they want to print more money..gbpflx maybe is a bear flag type situation..i aint so sure cable is ready to fly up yet!!

we cannot be looking at the start of a potentail dollar collapse surely..and for ams to be correct that basically would need to happen
gold also reached a point where going down can be an option i think..lol

also when the business report comes out..royal wedding probably show up..business suffered during the wedding..cable may reflect that news..1.63 is very impt level
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  • #16,632
  • Jul 25, 2011 3:47am Jul 25, 2011 3:47am
gold
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  • #16,633
  • Jul 25, 2011 3:56am Jul 25, 2011 3:56am
Quoting nAVIN2007
gold

just remember as far as i know gold is considerend the anti-dollar. So the higher is gold, the lower goes dollar. Of course i am no expert... so i might be saying just something stupid.
I don't want a job, i want money!
  • #16,634
  • Jul 25, 2011 3:59am Jul 25, 2011 3:59am
am looking at down ..dailly needs to close outside my trendline for it to sink tomorrow..i may add if this proves to be the case
  • #16,635
  • Jul 25, 2011 4:01am Jul 25, 2011 4:01am
Quoting dario1002
just remember as far as i know gold is considerend the anti-dollar. So the higher is gold, the lower goes dollar. Of course i am no expert... so i might be saying just something stupid.

no yur 100% correct..but if gold has reached a point where it will sink..(monthly channel)..money will be transferred into dollar..and this my friend is what we looking for if cable is going to sink

gold high = dollar weak
weak gold = high dollar strength
  • #16,636
  • Jul 25, 2011 4:11am Jul 25, 2011 4:11am
watch out EJ 4h.... testing LTL ... potential bearflag in play
I don't want a job, i want money!
  • #16,637
  • Jul 25, 2011 6:16am Jul 25, 2011 6:16am
Hi all,

small Long eur/chf after the hammer on H1 (also support area of last window)
Trade with the momentum
  • #16,638
  • Jul 25, 2011 7:29am Jul 25, 2011 7:29am
Hi guys - just taken a short gj - near the mid ( 750 ) of today's drop since fo sl 780

2nd chart is H1
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  • #16,639
  • Jul 25, 2011 7:41am Jul 25, 2011 7:41am
Quoting chazzle
Hi guys - just taken a short gj - near the mid ( 750 ) of today's drop since fo sl 780

2nd chart is H1
Nice entry yesterday's low
Trade with the momentum
  • #16,640
  • Jul 25, 2011 8:00am Jul 25, 2011 8:00am
Second position short AU (H1 shooting star)

small position if next candle bearish and close below the body of the prior candle i will add to my position
Trade with the momentum
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