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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #18,981
  • Sep 22, 2011 10:44am Sep 22, 2011 10:44am
Quoting wormboy
Another thing to consider is that the dx is possibly bottoming out, the HTF is forming a huge reversal formation & as mentioned earlier 77.9 break will confirm the validity of the pattern.
Wouldn't want to stand in front of this sucker when all the HTF are starting to fall into place ...
Okay a few weeks ago we saw the reversal tower bottom forming, still a day early but any close above 77.9 this week will confirm the massive reversal pattern on the usdx & long term (3-6 months) means the majors will be weaker against the us dollar. This is why I recommend to just ignore the retracements on the majors unless if you are only planning to scalp a few pips here & there. If you plan to counter the trades safely, wait for the reaction at 79 or just wait for the dip to 77.9 & see if it holds & short the majors again. We are approaching month end, so be careful.
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  • #18,982
  • Sep 22, 2011 10:55am Sep 22, 2011 10:55am
Quoting wormboy
Okay a few weeks ago we saw the reversal tower bottom forming, still a day early but any close above 77.9 this week will confirm the massive reversal pattern on the usdx & long term (3-6 months) means the majors will be weaker against the us dollar. This is why I recommend to just ignore the retracements on the majors unless if you are only planning to scalp a few pips here & there. If you plan to counter the trades safely, wait for the reaction at 79 or just wait for the dip to 77.9 & see if it holds & short the majors again. We are approaching...

brillant analysis from u as always..f**k i need to listen to u more
  • #18,983
  • Sep 22, 2011 11:01am Sep 22, 2011 11:01am
[quote=wormboy;4978506 This is why I recommend to just ignore the retracements on the majors unless if you are only planning to scalp a few pips here & there. If you plan to counter the trades safely, wait for the reaction at 79 or just wait for the dip to 77.9 & see if it holds & short the majors again. We are approaching month end, so be careful.[/QUOTE]

you're right dude , I'm cancelling my GU for scalp - these last 3 H1s look a bit crap for longs tbh also EU cant close above dtl ...
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  • #18,984
  • Sep 22, 2011 11:04am Sep 22, 2011 11:04am
Quoting chazzle
you're right dude , I'm cancelling my GU for scalp - these last 3 H1s look a bit crap for longs tbh also EU cant close above dtl ...
if u want to scalp scalp down..up is really asking for it..im looking at monthly close now and a potentail retrace..it seems it will take some strength to even see 1.59..friggin crazy
  • #18,985
  • Sep 22, 2011 11:11am Sep 22, 2011 11:11am
Okay, any of you who just picked up a buy keep an eye on this hour's close. If it closes bearish & lower than the previous 3 hours close, get out sharpish.

Good luck.
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  • #18,986
  • Sep 22, 2011 11:15am Sep 22, 2011 11:15am
Quoting nAVIN2007
brillant analysis from u as always..f**k i need to listen to u more
Next time I'm gonna charge you brother
I'll tell you to hang in there but I won't ... because if I did, then I'd be lying. I hope you follow your exit plan properly if this trade turns belly up & not go your way bro. Good luck!
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  • #18,987
  • Sep 22, 2011 11:19am Sep 22, 2011 11:19am
Quoting nAVIN2007
if u want to scalp scalp down..up is really asking for it..im looking at monthly close now and a potentail retrace..it seems it will take some strength to even see 1.59..friggin crazy
you're right - just that 15350 strongest level since 15900 - provoked 60 pip bounce ( I know - shoulda taken it ) - will sit back and see what happens next.
  • #18,988
  • Sep 22, 2011 11:21am Sep 22, 2011 11:21am
Quoting chazzle
you're right dude , I'm cancelling my GU for scalp - these last 3 H1s look a bit crap for longs tbh also EU cant close above dtl ...
Yep .. smart move bro. They very rarely turn instantly after a big drop like that ... You'll get the next one
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  • #18,989
  • Sep 22, 2011 11:23am Sep 22, 2011 11:23am
Quoting wormboy
Next time I'm gonna charge you brother
I'll tell you to hang in there but I won't ... because if I did, then I'd be lying. I hope you follow your exit plan properly if this trade turns belly up & not go your way bro. Good luck!

i will..when i entered this trade unfortunately i knew what i was up against..this trade was about gaining mental strength and taking a risk ..i have never been in this situation with this risk and at the moment i have 2k floating loss..i will see this though..i closed my terminal already

going to look for job tomorrow

quarterly pin worked fantastically..pity i didnt trust a good signal
thanks brother!!!
  • #18,990
  • Sep 22, 2011 11:28am Sep 22, 2011 11:28am
Quoting chazzle
you're right - just that 15350 strongest level since 15900 - provoked 60 pip bounce ( I know - shoulda taken it ) - will sit back and see what happens next.

the first time at these levels is the safest bro..but if it hangs around this level it will look to break it..im in the shit for sure

weekly full body and monthly is looking very crazy full body, i just pray a 50 retrace can fire the somebitch up

question is..is USD for real?
and what f*ck is BOE gonna do..they need to fire the b*tch up!!!
quarterly pin?? what is its target..1.53 is logical but only if USD isnt for real

these are the factors in play..trendline break of dailly is the only way id consider a long..and even then i wont to risky as TA on upside is being rejected, cable the son of b*tch yesterday broke a weekly trendline to the downside, yesterday it had reason to go up just on TA..but it rejected

The son of a b*tch!! cannot even close a gap
  • #18,991
  • Sep 22, 2011 11:33am Sep 22, 2011 11:33am
Quoting nAVIN2007
i will..when i entered this trade unfortunately i knew what i was up against..this trade was about gaining mental strength and taking a risk ..i have never been in this situation with this risk and at the moment i have 2k floating loss..i will see this though..i closed my terminal already

going to look for job tomorrow

quarterly pin worked fantastically..pity i didnt trust a good signal
thanks brother!!!
Well. u know. u are a persistent bastard.. u have a lot of potential in u. Could u imagine if u hold your trade the opposite way..

anyway this is bull shit.. everytime i tried to long, it kills me. man...
  • #18,992
  • Sep 22, 2011 11:37am Sep 22, 2011 11:37am
http://img69.imageshack.us/img69/1849/guw122092011.png

Hi guys! On GU same deal as EU I switched to HTF to look for hints.

GU W1 chart. I'd say PA is @ critical area right now. If we can pull off a decent close above 5380 today and keep above this Friday GU might have a chance. Otherwise it's down the drain pipe.

Also good idea to consider GU Quarterly S/Rs. they are:

1.7374R3
1.7059R2
1.6539R1
1.6224quarter pivot
1.5704S1
1.5389S2
1.4869S3

So we are below QP, S1 and kinda floating around S2 now. If we can't manage close above that, I'd say fair expectation is S3 @ 4869.

Just my 2 cents anyhow.
  • #18,993
  • Sep 22, 2011 11:39am Sep 22, 2011 11:39am
Quoting mloistianto
Well. u know. u are a persistent bastard.. u have a lot of potential in u. Could u imagine if u hold your trade the opposite way..

anyway this is bull shit.. everytime i tried to long, it kills me. man...
honestly..i over complicated it..i tried to be cute azim is right in a sense..trading is easy and as complicated as u want to make it...

why?? with the monthly did i buy..sometimes we try and be smart and get f**ked ..but i wont surrender to the market out of fear i refuse

the bitch is going to have to take me out!!!
  • #18,994
  • Sep 22, 2011 11:40am Sep 22, 2011 11:40am
FYI, here are EU/GU/AU and gold bulls getting dealt with proper @ the slaughterhouse.

http://brotherpeacemaker.files.wordp...ghterhouse.jpg
  • #18,995
  • Sep 22, 2011 11:41am Sep 22, 2011 11:41am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
if eu closes above 135 that's positive me reckons and we will see decent retrace!!! MIght happen tomorrow or we range for a while. OR can tank straight from here to 129 :-)



Quoting mloistianto
Well. u know. u are a persistent bastard.. u have a lot of potential in u. Could u imagine if u hold your trade the opposite way..

anyway this is bull shit.. everytime i tried to long, it kills me. man...
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  • #18,996
  • Sep 22, 2011 11:57am Sep 22, 2011 11:57am
Quoting ruffryders
FYI, here are EU/GU/AU and gold bulls getting dealt with proper @ the slaughterhouse.

http://brotherpeacemaker.files.wordp...ghterhouse.jpg


  • #18,997
  • Sep 22, 2011 11:57am Sep 22, 2011 11:57am
Quoting ams
if eu closes above 135 that's positive me reckons and we will see decent retrace!!! MIght happen tomorrow or we range for a while. OR can tank straight from here to 129 :-)

for the braves.... inverted H&S on EU now triggered... plus rather positive close on this 4h candle... good piercing pattern.
I don't want a job, i want money!
  • #18,998
  • Sep 22, 2011 12:04pm Sep 22, 2011 12:04pm
Quoting dario1002
for the braves.... inverted H&S on EU now triggered... plus rather positive close on this 4h candle... good piercing pattern.
Dario in all honesty, looking @ the DJI all the bravery should dissipate as a hallucinated mirage in the middle of the Sahara desert.
  • #18,999
  • Sep 22, 2011 12:07pm Sep 22, 2011 12:07pm
Quoting dario1002
for the braves.... inverted H&S on EU now triggered... plus rather positive close on this 4h candle... good piercing pattern.
except it always let us down by invalidate the sign..
  • #19,000
  • Sep 22, 2011 12:08pm Sep 22, 2011 12:08pm
Quoting nAVIN2007


Yeah Nav bro for me not much fun too actually, since I had set pending short sell orders on AU, GU, EU and the bastards opened up with 40-80 pips wide gap on Sunday. Still managed to get three decent short sell entries on gold, which kinda makes me happy right now.

the sobs in xauusd xagusd won't listen though, and kept adding net long, while I only took short trades. Like they say "haters gotta hate!"
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