The WoRmHoLe | Page 1146 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Better-than-the-wormhole 555 replies

Attachments: The WoRmHoLe
Exit Attachments

The WoRmHoLe

  • #22,901
  • Mar 20, 2012 2:09pm Mar 20, 2012 2:09pm
Quoting nAVIN2007
u shouldnt be silient..theres plenty to learn from u

...I could teach those here how to receive a whole can of whoop ass from Cable - my good lady handed me two doses of this in the past week.

Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #22,902
  • Mar 20, 2012 2:16pm Mar 20, 2012 2:16pm
Quoting 45Condor
...I could teach those here how to receive a whole can of whoop ass from Cable - my good lady handed me two doses of this in the past week.


cable is very difficult to read..myself as well, if i had placed a trade, she would given a slap with interest
but i remain optimistic about pound cause of the diverence on the pound index..the chart says to me it will gain in time if not now

this stops me from selling it!
Attached Image (click to enlarge)
Click to Enlarge Name: cable1.jpg Size: 74 KB
  • #22,903
  • Mar 20, 2012 2:26pm Mar 20, 2012 2:26pm
Quoting nAVIN2007
cable is very difficult to read..myself as well, if i had placed a trade, she would given a slap with interest
but i remain optimistic about pound cause of the diverence on the pound index..the chart says to me it will gain in time if not now

this stops me from selling it!
...and you have the UK budget tomorrow - with a miraculous drop in UK inflation this week. Just in time, doesn't one think/suspect, for a positive revue of the UK's finances, and the expected upbeat tone on the reduction of the deficit due to the austerity measures.

What's that you say; there are people starving on the street, and working more for less to keep their heads above water while those in power and high finance look down to the water level from their yachts. Oh, come now, let's not be cynical. Remember, Cam the man said that we are all in this together... it's just, well, he may be on top deck, but the majority of us are in the hull, being forced to pull on the oars.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #22,904
  • Mar 20, 2012 2:50pm Mar 20, 2012 2:50pm
Quoting 45Condor
...and you have the UK budget tomorrow - with a miraculous drop in UK inflation this week. Just in time, doesn't one think/suspect, for a positive revue of the UK's finances, and the expected upbeat tone on the reduction of the deficit due to the austerity measures.

What's that you say; there are people starving on the street, and working more for less to keep their heads above water while those in power and high finance look down to the water level from their yachts. Oh, come now, let's not be cynical. Remember, Cam the man said that we are all...
yep i hope it flys..it better
  • #22,905
  • Edited 4:56pm Mar 20, 2012 3:11pm | Edited 4:56pm
Quoting nAVIN2007
yep i hope it flys..it better
Referring to inflation: If the true figure was released, this would bring with it market anticipation of an interest rate rise, which is something that I do not yet think is being considered as a means to reduce the deficit. In addition to this, only today it was released that pensioners have lost their claim against the Government for switching pension annuities from RPI to CPI tracking. Funny how the Governor of the Bank of England still has his pension calculated on an RPI basis…

http://www.telegraph.co.uk/finance/p...overnment.html

I’m still a little undecided about Cable – noting the exposure that Sterling still has to the Euro, irrespective of the gradual reduction in this exposure the past year or so.

I have made many comments upon the funnies associated with the Euro (the latest being the rumours I heard in Brussels of a planned declaration of default for Greece after market close on March the 23rd – this Friday) – with these comments usually being a lot longer than this one… probably to the point of sending the reader to sleep.

My gut tells me that if the Euro takes a dive, it will weigh on Sterling. And then we have the current strength in the Dollar to contend with.
Author of: For Pip's Sake! (Available at Amazon... :-) )
  • #22,906
  • Mar 20, 2012 3:52pm Mar 20, 2012 3:52pm
Guys,

One of UK's spread betting company or parent company have gone into administration. Worldspreads.
Although client's funds are guranteed by FSC UK, it will take some time to get your money back.
Hope this is not a rush for people 'running to the bank'

http://www.worldspreads.com/uk/
  • #22,907
  • Mar 20, 2012 4:06pm Mar 20, 2012 4:06pm
Quoting Rapid
Guys,

One of UK's spread betting company or parent company have gone into administration. Worldspreads.
Although client's funds are guranteed by FSC UK, it will take some time to get your money back.
Hope this is not a rush for people 'running to the bank'

http://www.worldspreads.com/uk/
How you doing mate - hope all is good , IG sent out an email to " reassure " clients of their strength etc. lol -- did you have a worldspreads acct.?
  • #22,908
  • Mar 20, 2012 4:21pm Mar 20, 2012 4:21pm
Quoting chazzle
How you doing mate - hope all is good , IG sent out an email to " reassure " clients of their strength etc. lol -- did you have a worldspreads acct.?

Chaz,

I have plenty of accounts as I normally sign up when there is an offer like £200 trading credit.
Worldspreads was tempting me with £500 trading credit but as I got paid in January, I stayed out of the market since Febuary.
So thank god I am not trading!

How is market treating you?
  • #22,909
  • Mar 20, 2012 10:11pm Mar 20, 2012 10:11pm
initial short off of 1.085x with profit taken on support @ 1.042x
now reloading, have a feeling usd will get much stronger in coming days, look @ commods and snp leading the way or dollar index...either, or

i have always loved dollar and i`am still waiting on my next usd supercycle )
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud_usd_h1_tape.jpg Size: 75 KB
Click to Enlarge Name: aud_usd_h1_addonretrace.jpg Size: 90 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #22,910
  • Mar 21, 2012 1:39am Mar 21, 2012 1:39am
Quoting Rapid
How is market treating you?
yesterday was good did just drop a UCAD long I had though for a loss -- looking forward to summer bro
  • #22,911
  • Mar 21, 2012 1:41am Mar 21, 2012 1:41am
Quoting djambazov84
initial short off of 1.085x with profit taken on support @ 1.042x
nice trade man
  • #22,912
  • Mar 21, 2012 3:12am Mar 21, 2012 3:12am
Quoting 45Condor
Referring to inflation: If the true figure was released, this would bring with it market anticipation of an interest rate rise, which is something that I do not yet think is being considered as a means to reduce the deficit. In addition to this, only today it was released that pensioners have lost their claim against the Government for switching pension annuities from RPI to CPI tracking. Funny how the Governor of the Bank of England still has his pension calculated on an RPI basis…

http://www.telegraph.co.uk/finance/p...overnment.html

I’m...
thanks for the info..
  • #22,913
  • Mar 21, 2012 4:26am Mar 21, 2012 4:26am
i am already long on EURUSD... and have to confess i'm in rather heavily, so i don't know if i will take this trade.

For sure this is something to look.

USDJPY almost breaking the bullflag...
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.jpg Size: 146 KB
I don't want a job, i want money!
  • #22,914
  • Mar 21, 2012 10:35am Mar 21, 2012 10:35am
ok not liking the EU trade.. down 50 pips at the moment... will see what to do in the next hours
I don't want a job, i want money!
  • #22,915
  • Mar 21, 2012 5:58pm Mar 21, 2012 5:58pm
Quoting djambazov84
initial short off of 1.085x with profit taken on support @ 1.042x
now reloading, have a feeling usd will get much stronger in coming days, look @ commods and snp leading the way or dollar index...either, or

i have always loved dollar and i`am still waiting on my next usd super cycle )
liquidated all shorts @ 1.042x supp level, since 1 min tape was showing signs of down thrusts with high volume on prev supp level, that meant just one thing for me...get out, i am impatient with supp testing trades because if we are to break support and continue lower, 9 out of 10 times price will simply smash through all your pre-determined levels of support, because its simply large market making algos pulling out their bids and just offer the god damn thing down, until they satisfy huge bank and hedge fund bids. All you have to do is study price action at key levels

went logn here @ 1.0440 because i think we have a legitimate shot for a quick short squeeze to round number 1.0550, then reload short for a possible dive with trend, tape shows why 1.0550 is such an important price flip level, and is probably dying to go there and meet some serious size offers, rinse repeat....if i`m wrong i`m already @ breakeven and took small off the trade
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud_usd_h1.jpg Size: 108 KB
Click to Enlarge Name: aud_usd_h1_addonretrace.jpg Size: 90 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #22,916
  • Mar 21, 2012 6:02pm Mar 21, 2012 6:02pm
Quoting chazzle
nice trade man

thank you, appreciate it, trade actually grew into this before entire liquidation
Attached Image (click to enlarge)
Click to Enlarge Name: aud_usd_m30_tape.jpg Size: 119 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #22,917
  • Mar 21, 2012 6:09pm Mar 21, 2012 6:09pm
this shapes like a nice diamond on very bearish volume (market makers/big money) participation and is likely running on fumes, could be a continuation one as far as crazy snp goes. but i`m betting on a really fat reversal, so if you trade snp, it could be nice to buy some out of the money 15-20 delta puts, which are probably very cheap on a relative basis to calls and will most likely appreciate 3-4 fold, for a short period of time, which would be even better than trading just futures because of the profit potential/limited risk(initial outlay for option)

always think in terms of risk:return before even thinking about pulling the trigger
Attached Image (click to enlarge)
Click to Enlarge Name: snp_m15_reversal_diamond.jpg Size: 140 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #22,918
  • Mar 21, 2012 9:17pm Mar 21, 2012 9:17pm
went logn here @ 1.0440 because i think we have a legitimate shot for a quick short squeeze to round number 1.0550, then reload short for a possible dive with trend, tape shows why 1.0550 is such an important price flip level, and is probably dying to go there and meet some serious size offers, rinse repeat....if i`m wrong i`m already @ breakeven and took small off the trade[/quote]


liquidated 1.0440 longs @ 1.0480, went in heavy because i thought i`d see a more pronounced short squeeze, but something smells fishy here, so i opened a small short where i liquidated long, thingking that m1 tape is bumping into heavy offers here as shown on chart from prev support now possibly turning into resistance, we`ll see...had a good start for night so no need to be greedy, as u continuously take profit on trades and stick to a rigorous fixed percentage risk per trade, u will find yourself trading in bigger size while still risking the same portion of your money
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud_usd_h1.jpg Size: 108 KB
Click to Enlarge Name: aud_usd_m1.jpg Size: 88 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #22,919
  • Mar 21, 2012 9:34pm Mar 21, 2012 9:34pm
1/2 taken off @ support, rest to break/even and calling it a night
Attached Image(s) (click to enlarge)
Click to Enlarge Name: aud_usd_m1.jpg Size: 88 KB
Click to Enlarge Name: aud_usd_m1_2.jpg Size: 90 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
  • #22,920
  • Mar 22, 2012 3:36am Mar 22, 2012 3:36am
Hey Dario, Please tell me if that is a head and shoulders on eu4.
Dont ask Azim..........
2 traders viewing now