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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #18,621
  • Sep 16, 2011 6:55am Sep 16, 2011 6:55am
Quoting ruffryders
sure thing, hit me up bro!
sent...
I don't want a job, i want money!
  • #18,622
  • Sep 16, 2011 6:58am Sep 16, 2011 6:58am
Quoting nAVIN2007
apart from increase my leverage..this isnt a big deal for apart from having much higher capital risk..but its a long term thing..i could be in this for 1 years making 50% return..

this trade is about me pushing myself..seeing what i can take from an emotional level..more than anything

Nav,

I believe your 'broker' is charging rolling charges?
Most of the UK spread betting firms are charging £0.50 to £1.00 per day for a GBP/USD £1 lot.
Unless your broker don't charge rolling or you are not trading daily then holding a trade since last month will cost a lot in rolling charges.
In the long run it is not profitable I believe.

Just my humble opinion.
  • #18,623
  • Sep 16, 2011 7:04am Sep 16, 2011 7:04am
Quoting Rapid
Nav,

I believe your 'broker' is charging rolling charges?
Most of the UK spread betting firms are charging £0.50 to £1.00 per day for a GBP/USD £1 lot.
Unless your broker don't charge rolling or you are not trading daily then holding a trade since last month will cost a lot in rolling charges.
In the long run it is not profitable I believe.

Just my humble opinion.
yeah i see that also ...dont get me wrong guys..i aint doing this again..assuming i live to tell the tale..just saying was more of an experiment to get used to risk
obviously didnt see this potential setback
  • #18,624
  • Sep 16, 2011 7:14am Sep 16, 2011 7:14am
so guys... here we go south.... unfortunately i have to go and being friday i like to get my 40 pips and call it a week.

beware of the 1h H&S on EU that MIGHT be triggered (we have to wait for the next 2 hours to be sure of it by the book).
I don't want a job, i want money!
  • #18,625
  • Sep 16, 2011 7:17am Sep 16, 2011 7:17am
Quoting nAVIN2007
nah please take what i write with a pinch of salt..i just type and hardly read what i wrote, so i might come across rude..forgive meh not intentional

i wont lie im looking at the monthly as bottoming out..but looking at the 4hr we in a traingle..so im keeping track of it..bottom is tested and rejected so it tells me it can potentailly be a bottom

below 1.52 ..i will cut loss if it happens

weekly long wick downside..with regards to candle weekly monthly, u know what i mean..its just sometimes they can fail and these support 1.57. 1.55...
Nah no problems here brother it's just a debate, nothing personal

I'm not underestimating this support right here, but as I said before since last week's close was a bearish marubozu, I just do not want to be caught out loading up way too early, I mean as strong as this level is, the last time it gave way, it tanked all the way to 1.4xxx level & with you taking it long term if that happens it could just be too late before you get to pull out. I honestly hope that does not happen tho mind you! If anything, this week's close must form a reversal pattern in order for me to safely contemplate on building a long term position. I'd still take the odd counter trade here and there ..
Let's see how the weekly close here, as it is I am flat cable anyway.
Thank You
  • #18,626
  • Sep 16, 2011 7:21am Sep 16, 2011 7:21am
http://img521.imageshack.us/img521/6...h116092011.png

It would seem obvious that working for an oil company, I'd check out brent charts, but no, somehow I kinda missed this today.

So the chart is not looking good, seems like rejection of WP is in place and prolly we are going lower now.
  • #18,627
  • Sep 16, 2011 7:24am Sep 16, 2011 7:24am
Danica, I forgot about your pm.

I might as well answer you here, I closed out my ucad trade for a loss @0.9863

http://www.forexfactory.com/showthre...28#post4898028

Have a good one
Thank You
  • #18,628
  • Sep 16, 2011 7:26am Sep 16, 2011 7:26am
Quoting ruffryders
Azim it's pretty good here actually, no traffic here, compared to Moscow, so that means I get to work within 10 minutes, instead of 2 hours. Fired my driver and driving on my own, got here a nice all-road SUV (one of the new cruisers). And regular flights back home, so I can keep myself close to the civilization.

Good time now (autumn) for fishing and duck hunting, although gotta keep yourself at distance from the bears.

So that's pretty much it, pumping oil and going hunting, doing trading, when there is stable Internet connection....
Sounds like you're having the time of your life! Wish my work is that fun!

Yea, I made some nice dosh from gold wee bit early I might have but no regrets!
Thank You
  • #18,629
  • Sep 16, 2011 7:28am Sep 16, 2011 7:28am
Thanks!
  • #18,630
  • Sep 16, 2011 7:28am Sep 16, 2011 7:28am
damn we hungry. see you guys in a bit
Thank You
  • #18,631
  • Sep 16, 2011 7:29am Sep 16, 2011 7:29am
Quoting wormboy
Nah no problems here brother it's just a debate, nothing personal

I'm not underestimating this support right here, but as I said before since last week's close was a bearish marubozu, I just do not want to be caught out loading up way too early, I mean as strong as this level is, the last time it gave way, it tanked all the way to 1.4xxx level & with you taking it long term if that happens it could just be too late before you get to pull out. I honestly hope that does not happen tho mind you! If anything, this week's close must form a reversal...

i hear u ..im just trying to stay positve cause i have learned, once doubt kicks in..u finished..u are wise to think the way u do and is the reason u have lived to tell the story..im watching this sum bitch like hawk
  • #18,632
  • Sep 16, 2011 7:42am Sep 16, 2011 7:42am
the deal I'm watching now is USDX M30 sup turn res thing, it seems to be holding out, but weak now really, so spoiling my plans for today (long EU, GU, AUD).

here it is anyway

http://img33.imageshack.us/img33/478...es16092011.png
  • #18,633
  • Sep 16, 2011 7:50am Sep 16, 2011 7:50am
Quoting ruffryders
the deal I'm watching now is USDX M30 sup turn res thing, it seems to be holding out, but weak now really, so spoiling my plans for today (long EU, GU, AUD).

here it is anyway

http://img33.imageshack.us/img33/478...es16092011.png

hey buddy..nice to u arounds..
whats yur views on gu?
  • #18,634
  • Sep 16, 2011 7:51am Sep 16, 2011 7:51am
guys noone considering longs today on AUD/EU/GU?
  • #18,635
  • Sep 16, 2011 7:54am Sep 16, 2011 7:54am
Quoting ruffryders
guys noone considering longs today on AUD/EU/GU?
GBP/USD just broke daily pivot, futures are slightly down, opex is today and traders won't want to hold positions over the weekend therefore they will liquidate causing USD strength I think.

Waiting to short...
Money is the result derived from the execution of a skillset
  • #18,636
  • Sep 16, 2011 7:56am Sep 16, 2011 7:56am
Quoting ruffryders
http://img717.imageshack.us/img717/3629/gbplfxh8.png

GBP Index H8.

http://img254.imageshack.us/img254/9...xh41609pt2.png


GBP Index H4.

http://img809.imageshack.us/img809/6...ks16092011.png
DOLLAR INDEX D1.

Nav, I posted this earlier. The deal is that I see USDX D1 long wicks below important level, and also pound index managed a good H4 close above important level, on H8 you can see why that level is critical (kinda).

So all in all I'm bullish on EU/GU/AUD. Just waiting for a trigger. And that waiting is kinda killing me really.

Also, I posted an exert from commodity almanac (pretty good periodic BTW), the GU supposed to edge higher against the dollar, due to seasonal strength in autumn starting 19th September. Well, 19th is a holiday ...emm weeknd sorry, so it might as well start acting stronger today.
  • #18,637
  • Sep 16, 2011 7:58am Sep 16, 2011 7:58am
Quoting ruffryders
DOLLAR INDEX D1.

Nav, I posted this earlier. The deal is that I see USDX D1 long wicks below important level, and also pound index managed a good H4 close above important level, on H8 you can see why that level is critical (kinda).

So all in all I'm bullish on EU/GU/AUD. Just waiting for a trigger. And that waiting is kinda killing me really.

Also, I posted an exert from commodity almanac (pretty good periodic BTW), the GU supposed to edge higher against the dollar, due to seasonal strength in autumn starting 19th September. Well, 19th is...

dario will love this..my mother also told me:- gbp strength is always good toward christmas..lol..i need her to give more trading advise..she is bag on the money
  • #18,638
  • Sep 16, 2011 8:00am Sep 16, 2011 8:00am
http://img856.imageshack.us/img856/5...th4new1609.png

Now that I consider a pretty strong H4 close on Brent, let's see if that helps the EU/AUD/GU long setup.
  • #18,639
  • Sep 16, 2011 8:05am Sep 16, 2011 8:05am
Quoting ruffryders
http://img856.imageshack.us/img856/5...th4new1609.png

Now that I consider a pretty strong H4 close on Brent, let's see if that helps the EU/AUD/GU long setup.

it will take a long time imho ..especially if it gonna reverse
  • #18,640
  • Sep 16, 2011 8:09am Sep 16, 2011 8:09am
man I'm getting tired of that waiting game, gotta munch on something like donuts, now I see how easy it's to get fat while waiting for that damn PA.

Oh well, so it's gonna be donuts ... and then 10 km on the treadmill. lol
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