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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #19,781
  • Oct 3, 2011 2:52am Oct 3, 2011 2:52am
Quoting ruffryders
Yeah that's true man, but hopefully it's just H1 triangle base retest and run away following through then.
Bears at GU WP. Hope to get a piece of action too.

http://1.bp.blogspot.com/-2S0JXGFstB...an_phalanx.jpg
  • #19,782
  • Oct 3, 2011 2:56am Oct 3, 2011 2:56am
Quoting dario1002
Watching the same stuff... a failed test of DP and i am short on it. Still don't forget news in 1 hour and that today is german bank holiday...
Was looking for DP short entry in Asia - not sure I'd take it now though - 50% hit , and only 10 pips or so between Friday close and DP - I would look for 640s on a short targetting 70 - 100 pips
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  • #19,783
  • Oct 3, 2011 3:04am Oct 3, 2011 3:04am
Quoting dario1002
today is german bank holiday...
wouldn't worry about that , London has over 6 times the volume in FX than Germany ( approx. 36% / 5.5% )
  • #19,784
  • Oct 3, 2011 3:04am Oct 3, 2011 3:04am
expecting some retest of the area 1.03370 and then further movement up till 1.07 next level of interest on UCAD
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I don't want a job, i want money!
  • #19,785
  • Oct 3, 2011 3:06am Oct 3, 2011 3:06am
Quoting dario1002
expecting some retest of the area 1.03370 and then further movement up till 1.07 next level of interest on UCAD
Dario me thinks the UCAD will go straight for the kill!

http://img824.imageshack.us/img824/2...rt01102011.png
  • #19,786
  • Oct 3, 2011 3:15am Oct 3, 2011 3:15am
Quoting chazzle
Was looking for DP short entry in Asia - not sure I'd take it now though - 50% hit , and only 10 pips or so between Friday close and DP - I would look for 640s on a short targetting 70 - 100 pips
Giving this chart.. if it goes to 5640 i am not sure i will jump into short that easily as the UTL might get broken and might test the HH again.. If it goes that up i will wait for a failure of making a new high and then go short. Basically i am just waiting for it to fail some key level before going short.
Attached Image (click to enlarge)
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I don't want a job, i want money!
  • #19,787
  • Oct 3, 2011 3:18am Oct 3, 2011 3:18am
Quoting dario1002
Giving this chart.. if it goes to 5640 i am not sure i will jump into short that easily as the UTL might get broken
I hear ya , second look , I actually have a fairly strong daily s/r just 1 pip under dp - let's see , it could be the one
  • #19,788
  • Oct 3, 2011 3:19am Oct 3, 2011 3:19am
Quoting ruffryders
Dario me thinks the UCAD will go straight for the kill!
That TL that i drawed might seem arbitrary, but actually it gave some PA already... And UCAD is not very much volatile pair.. so seems fair to expect some small retracement ... still will see, PA will show me the way, the target is still the same
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  • #19,789
  • Oct 3, 2011 3:26am Oct 3, 2011 3:26am
UK - last month manuf. PMI record low - it's priced in , obviously - less than awful could see a bounce , unless London looking for the first reason to sell .... 5 minutes , lets see
  • #19,790
  • Oct 3, 2011 3:30am Oct 3, 2011 3:30am
That was creepy..
  • #19,791
  • Oct 3, 2011 3:33am Oct 3, 2011 3:33am
got my lucky scalp short before news lol 55 pips , targets for today hit - sort of relaxing now
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  • #19,792
  • Oct 3, 2011 3:34am Oct 3, 2011 3:34am
Quoting chazzle
got my lucky scalp short before news lol 55 pips , targets for today hit - sort of relaxing now
Same here pending order filled at 5574 and out at 55 nice and quick.
Trade with the momentum
  • #19,793
  • Oct 3, 2011 3:38am Oct 3, 2011 3:38am
Quoting chazzle
got my lucky scalp short before news lol 55 pips , targets for today hit - sort of relaxing now
u lucky bastard
I don't want a job, i want money!
  • #19,794
  • Oct 3, 2011 3:38am Oct 3, 2011 3:38am
Quoting sailor68
Same here pending order filled at 5574 and out at 55 nice and quick.
Hi 5 mofo
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  • #19,795
  • Oct 3, 2011 3:42am Oct 3, 2011 3:42am
Quoting dario1002
u lucky bastard
- only went in after checking last months pmi - if manufacturing record low last month , probably not that good this month either , was looking bearish - haven't seen numbers yet - but yes , well lucky considering price came right back up and stalled - could have even got another 25 from it , was too fast for me
  • #19,796
  • Oct 3, 2011 4:00am Oct 3, 2011 4:00am
got a quick short scalp.. gotta say that these news on GU rather messed my plans... The hourly candle in this moment (2 minutes to the close) looks like a big wave candle (indecision-not realy any signal) and the 4h candle that closes now looks like a doji that could lead to more upside (it starts from 55 and has a big wick to the upside), but we should really wait for the next 4h candle to get any signal...

Eu is not breaking today's opening.. maybe that will give us more downside...
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  • #19,797
  • Oct 3, 2011 5:16am Oct 3, 2011 5:16am
everybody went quiet???
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  • #19,798
  • Oct 3, 2011 5:25am Oct 3, 2011 5:25am
Quoting dario1002
everybody went quiet???

'some' (including ME) got paid when shorting just before the PMI announcement.
So the 'some' are either drinking beer or stuffing money onto strip dancer's bikini.
  • #19,799
  • Oct 3, 2011 5:40am Oct 3, 2011 5:40am
Quoting Rapid
'some' (including ME) got paid when shorting just before the PMI announcement.
So the 'some' are either drinking beer or stuffing money onto strip dancer's bikini.
didn't know that many of u brave souls trade the news
I don't want a job, i want money!
  • #19,800
  • Oct 3, 2011 5:47am Oct 3, 2011 5:47am
Quoting dario1002
didn't know that many of u brave souls trade the news
Yeah some do trade, though myself personally I prefer to skip the action, busted out on one of those news bets back in March 37K. I was pretty damn sure it will go up. It didn't! Was one of my bigger losses this year actually. Since then it's coffee time for me during the news activity.
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