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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #19,521
  • Sep 29, 2011 3:45am Sep 29, 2011 3:45am
i don't understand what is going on to tell the truth... i would like to sell (and i scalped a few pips on GU) .... but something is not convincing ... I won't build any solid short position till USDX is under 77.90 (currently 77.70)
I don't want a job, i want money!
  • #19,522
  • Sep 29, 2011 3:57am Sep 29, 2011 3:57am
really will be quite surprised if it takes out the weekly low
  • #19,523
  • Sep 29, 2011 4:49am Sep 29, 2011 4:49am
hey why everybody went quiet??? noone is trading? (including me)
I don't want a job, i want money!
  • #19,524
  • Sep 29, 2011 5:02am Sep 29, 2011 5:02am
Quoting dario1002
hey why everybody went quiet??? noone is trading? (including me)
I am short EUR @ 1.3647 and short GBP @ 1.5671 with stop losses at breakeven.. I am waiting but I think today will be another slow range-bound day. Waiting for it all to come crashing south soon !
Money is the result derived from the execution of a skillset
  • #19,525
  • Sep 29, 2011 5:05am Sep 29, 2011 5:05am
.... the saddest thing is.. that they are all celebrities, politicians and VIP here in italy...
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I don't want a job, i want money!
  • #19,526
  • Sep 29, 2011 5:20am Sep 29, 2011 5:20am
Quoting dario1002
.... the saddest thing is.. that they are all celebrities, politicians and VIP here in italy...

website address?
  • #19,527
  • Sep 29, 2011 5:23am Sep 29, 2011 5:23am
Quoting wormboy
So okay, there's the first warning on both the eu & gu i/d I was anticipating. The eu had produced the bearish inside formation, it is not the strongest formation, relatively moderate but, coupled with the i/d trend overextending, this could possibly the signal that the i/d trend could be turning here.
Cable had produced the shooting star candle & generally fits the criteria where the wick is 5 times the length of the body. It had also formed dead on previous day high, after the 7th hour i/d trend. A few reasons that makes it a high probability...
EU i/d short is valid. A close above 3705 invalidates it. Good luck.
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Thank You
  • #19,528
  • Sep 29, 2011 5:25am Sep 29, 2011 5:25am
Quoting wormboy
So okay, there's the first warning on both the eu & gu i/d I was anticipating. The eu had produced the bearish inside formation, it is not the strongest formation, relatively moderate but, coupled with the i/d trend overextending, this could possibly the signal that the i/d trend could be turning here.
Cable had produced the shooting star candle & generally fits the criteria where the wick is 5 times the length of the body. It had also formed dead on previous day high, after the 7th hour i/d trend. A few reasons that makes it a high probability...
Cable i/d short is valid. A close above 5705 invalidates the trade. Good luck.
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  • #19,529
  • Sep 29, 2011 5:25am Sep 29, 2011 5:25am
Quoting wormboy
EU i/d short is valid. A close above 3705 invalidates it. Good luck.

u went for it?
I don't want a job, i want money!
  • #19,530
  • Sep 29, 2011 5:29am Sep 29, 2011 5:29am
Quoting dario1002
u went for it?
cable single lot short yes.
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  • #19,531
  • Sep 29, 2011 5:30am Sep 29, 2011 5:30am
bbl ... kaboom time
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  • #19,532
  • Sep 29, 2011 5:46am Sep 29, 2011 5:46am
Quoting wormboy
Cable i/d short is valid. A close above 5705 invalidates the trade. Good luck.
Azim nice clean charts, gotta love that stuff. I also short sold EU/AU today, however got out, when BRENT started to rebound.

http://img36.imageshack.us/img36/826...h829092011.png

One thing that is bothering me, is H8 USDX unconfirmed TL break. Still it's not looking good at this stage.
  • #19,533
  • Sep 29, 2011 5:47am Sep 29, 2011 5:47am
weekly close 1.59
  • #19,534
  • Sep 29, 2011 5:51am Sep 29, 2011 5:51am
this is why yesterday dailly failed was hoping dario would pick up on it!

shorters have no chance, with the low being taken out..then the high

retest of back of trendline
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  • #19,535
  • Sep 29, 2011 5:53am Sep 29, 2011 5:53am
Quoting nAVIN2007
weekly close 1.59
With those numbers that is very possible!

Here is my post on the GU thread from this morning!
http://www.forexfactory.com/showthre...22#post4997522

Happy days!
  • #19,536
  • Sep 29, 2011 5:53am Sep 29, 2011 5:53am
Quoting ruffryders
Azim nice clean charts, gotta love that stuff. I also short sold EU/AU today, however got out, when BRENT started to rebound.

One thing that is bothering me, is H8 USDX unconfirmed TL break. Still it's not looking good at this stage.
Thank you. Looks like 640 is proving to be a problem for my trade. Hopefully if the pair decides to continue to move up & close above yesterday's high it's done periodically for me to get out with minimal damage instead of a 100+ surge with no brakes.
Wouldn't worry about the DX, early days. It's gonna be so much higher in a few months time.
Thank You
  • #19,537
  • Edited 6:19am Sep 29, 2011 5:55am | Edited 6:19am
same story with EU.
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  • #19,538
  • Sep 29, 2011 6:05am Sep 29, 2011 6:05am
Are we ready to fall??
  • #19,539
  • Sep 29, 2011 6:07am Sep 29, 2011 6:07am
Closed a scalp position taken from previous day high. To cover just in case this trade turns belly up.
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  • #19,540
  • Sep 29, 2011 6:13am Sep 29, 2011 6:13am
Quoting bbakker
With those numbers that is very possible!

Here is my post on the GU thread from this morning!
http://www.forexfactory.com/showthre...22#post4997522

Happy days!
NY has other ideas or we are picking up straggling bulls!
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