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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #22,921
  • Mar 22, 2012 3:55am Mar 22, 2012 3:55am
Quoting Janegra
Hey Dario, Please tell me if that is a head and shoulders on eu4.
Dont ask Azim..........
Not sure why i should ask azim...i did my due diligence.funny how a guy that ask me something,tells me non to ask to somebody else.ironic.

By the way today i wont be in front of a chart for a while. put a chart on here and i can look at it.
I don't want a job, i want money!
  • #22,922
  • Mar 22, 2012 4:05am Mar 22, 2012 4:05am
Quoting dario1002
Not sure why i should ask azim...i did my due diligence.funny how a guy that ask me something,tells me non to ask to somebody else.ironic.
By the way today i wont be in front of a chart for a while. put a chart on here and i can look at it.
  • #22,923
  • Mar 22, 2012 4:10am Mar 22, 2012 4:10am
Btw...no hard feeling.... just pointing out the obvious..
I don't want a job, i want money!
  • #22,924
  • Mar 22, 2012 4:11am Mar 22, 2012 4:11am
Quoting dario1002
Btw...no hard feeling.... just pointing out the obvious..

are u still in yur long on euro bud?
  • #22,925
  • Mar 22, 2012 4:20am Mar 22, 2012 4:20am
Quoting dario1002
Not sure why i should ask azim...i did my due diligence.funny how a guy that ask me something,tells me non to ask to somebody else.ironic.

By the way today i wont be in front of a chart for a while. put a chart on here and i can look at it.
Mate, You are a very respected contributor to this thread, No put down intended,
With your humor , Which Azim obviously enjoys playing to, I guess I could not get across the language barrier...
Graham
  • #22,926
  • Mar 22, 2012 4:36am Mar 22, 2012 4:36am
Quoting wormboy
I've bought.
Added

1. long @3224 sl @2995 (1.0)
2. long @3133 sl @2995 (2.0)

I will decide today if I will be hold on to the position or cut loss. Later.
Thank You
  • #22,927
  • Mar 22, 2012 4:40am Mar 22, 2012 4:40am
Quoting PhAnTi'
hard to fix mindset after a 5k loss start .... but you are up

keep on fighting,

catch ya later,

regards
Jonas
Yes, tiring. was up, now looking at breakeven/drawdown again for the month.
Almost month end as well & no money in the bank yet.
Thank You
  • #22,928
  • Mar 22, 2012 4:45am Mar 22, 2012 4:45am
Quoting wormboy
Added

1. long @3224 sl @2995 (1.0)
2. long @3133 sl @2995 (2.0)

I will decide today if I will be hold on to the position or cut loss. Later.

Added & stop amended.

1. long @3224 sl @2995 (1.0)
2. long @3133 sl @3135 (2.0)
3. long @3146 sl @2995 (1.0)
Thank You
  • #22,929
  • Mar 22, 2012 5:05am Mar 22, 2012 5:05am
Quoting wormboy
Added & stop amended.

1. long @3224 sl @2995 (1.0)
2. long @3133 sl @3135 (2.0)
3. long @3146 sl @2995 (1.0)

Stop amended.

1. long @3224 sl @2995 (1.0)
2. long @3133 sl @3136 (2.0)
3. long @3146 sl @3148 (1.0)
Thank You
  • #22,930
  • Mar 22, 2012 5:43am Mar 22, 2012 5:43am
Quoting nAVIN2007
are u still in yur long on euro bud?
Yes...but yesterday i saw the daily of all the yen p allairs and shorted them all with eur gbp and usd and got paid.lo.. so i covered that eurusd loss eventually
I don't want a job, i want money!
  • #22,931
  • Mar 22, 2012 6:01am Mar 22, 2012 6:01am
Quoting dario1002
Yes...but yesterday i saw the daily of all the yen p allairs and shorted them all with eur gbp and usd and got paid.lo.. so i covered that eurusd loss eventually
market is not bloody easy to read..the bloody thing
  • #22,932
  • Mar 22, 2012 8:35am Mar 22, 2012 8:35am
Quoting wormboy
Stop amended.

1. long @3224 sl @2995 (1.0)
2. long @3133 sl @3136 (2.0)
3. long @3146 sl @3148 (1.0)

1. long @3224 sl @2995 (1.0)
2. stopped @3136 (2.0)
3. stopped @3148 (1.0)
Thank You
  • #22,933
  • Mar 22, 2012 8:36am Mar 22, 2012 8:36am
Quoting wormboy
1. long @3224 sl @2995 (1.0)
2. stopped @3136 (2.0)
3. stopped @3148 (1.0)

Added.

1. long @3224 sl @2995 (1.0)
2. long @3151 sl @2995 (2.0)
Thank You
  • #22,934
  • Mar 22, 2012 12:04pm Mar 22, 2012 12:04pm
Quoting Janegra
Mate, You are a very respected contributor to this thread, No put down intended,
With your humor , Which Azim obviously enjoys playing to, I guess I could not get across the language barrier...
Graham
ok .... here is the answer to your question.. as i see it.

Basically YES... it is a H&S pattern. It has all the features( head-shoulder- coming from south). EURUSD loves such pattern and to tell u the truth it even loves to take a retest of the neckline. we are right on a delicate spot right now.. as we are basically retesting the exact H&S u saw.

Strangely we are even testing the neckline of the previous inverted H&S that is in the second chart (yellow one) ... and who knows, maybe it will trigger the 3rd inverted H&S too (white one).

Bottom line.. if i was flat, i would stay flat at the moment... i am long and i moved my SL right under today's low. At the moment i wouldnt short it unless it gives me a solid close under let's say 3150..

personally i hope we will stay right at these levels for today.. and tomorrow it will form a huge rising 3 pattern. That i would like
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd4h.jpg Size: 82 KB
Click to Enlarge Name: eurusd4h1.jpg Size: 99 KB
I don't want a job, i want money!
  • #22,935
  • Mar 22, 2012 12:25pm Mar 22, 2012 12:25pm
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
I can't make head & tail of things at the moment but if you look at the attached chart....watch what's happening from past 3 days next to large daily candle... equities are tanking but euro and pound are not. Commodity currencies are loosing ground as big boys are behind large moves (short aussie and kiwi and long euro, gbp). Whenever this happens yen is in demand too. Sign of manipulation/ adjustment "not bear market" else everything would go down regardless.

It seems we are waiting for this quarterly options expiry tomorrow and then true colours of the market will be revealed next week. Considering we are above 13k on dow and 1400 on S&P it's hard to see going down for no apparent reason without major news event. Greece is declared default anyways by ISDA. Not sure what else id left, perhaps actual default on the payment.

I am keen to go long. Will see how market behaves tomorrow. Close above major levels of equity market will reveal most if not all.


Quoting dario1002
ok .... here is the answer to your question.. as i see it.

Basically YES... it is a H&S pattern. It has all the features( head-shoulder- coming from south). EURUSD loves such pattern and to tell u the truth it even loves to take a retest of the neckline. we are right on a delicate spot right now.. as we are basically retesting the exact H&S u saw.

Strangely we are even testing the neckline of the previous inverted H&S that is in the second chart (yellow one) ... and who knows, maybe it will trigger the 3rd inverted H&S too (white one).

Bottom...
Attached Image (click to enlarge)
Click to Enlarge Name: eu.gif Size: 18 KB
  • #22,936
  • Mar 22, 2012 12:29pm Mar 22, 2012 12:29pm
Quoting ams
I can't make head & tail of things at the moment but if you look at the attached chart....watch what's happening from past 3 days next to large daily candle... equities are tanking but euro and pound are not. Commodity currencies are loosing ground as big boys are behind large moves (short aussie and kiwi and long euro, gbp). Whenever this happens yen is in demand too. Sign of manipulation/ adjustment "not bear market" else everything would go down regardless.

It seems we are waiting for this quarterly options expiry tomorrow and then true...
thats why i keep it technical.... never included FA into my trading... it may help but i cant handle it....

..thats me :-P

kindest regards,
Jonas
Hero calls followed by margin calls...
  • #22,937
  • Mar 22, 2012 12:34pm Mar 22, 2012 12:34pm
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
playing with fundamentals is for big boys as you need deep pockets for that.
People like us can only work with technicals. Dollar has been going up and up since QE2 stop'd last summer. With good fundmentals coming out of US there is no stopping, what's so hard in fundamentals, look what happened to yen when their fundamentals changed for deficit, waiting for 80ishh to go long ...simple as that , eh


Quoting PhAnTi'
thats why i keep it technical.... never included FA into my trading... it may help but i cant handle it....

..thats me :-P

kindest regards,
Jonas
  • #22,938
  • Mar 22, 2012 12:36pm Mar 22, 2012 12:36pm
Quoting ams
playing with fundamentals is for big boys as you need deep pockets for that.
People like us can only work with technicals. Dollar has been going up and up since QE2 stop'd last summer. With good fundmentals coming out of US there is no stopping, what's so hard in fundamentals, look what happened to yen when their fundamentals changed for deficit, waiting for 80ishh to go long ...simple as that , eh
right
Hero calls followed by margin calls...
  • #22,939
  • Mar 22, 2012 1:07pm Mar 22, 2012 1:07pm
Quoting ams
I can't make head & tail of things at the moment but if you look at the attached chart....watch what's happening from past 3 days next to large daily candle... equities are tanking but euro and pound are not. Commodity currencies are loosing ground as big boys are behind large moves (short aussie and kiwi and long euro, gbp). Whenever this happens yen is in demand too. Sign of manipulation/ adjustment "not bear market" else everything would go down regardless.

It seems we are waiting for this quarterly options expiry tomorrow and then true colours...
dude u bet the all farm on eurusd long and push it up
I don't want a job, i want money!
  • #22,940
  • Mar 22, 2012 6:50pm Mar 22, 2012 6:50pm
anatomy of trading both sides
tape gives you everything

i`ll try to close either 1/2 or entire position on red horizontal line, you can all see why
depending on price action there, i`ll either reload shorts or wait for a fast and furious short covering rally
with 1.0550 in sight, this is my plan which has different scenarios, you dont have to marry a position but just
ride on the coattails of fat cats and plan for every different scenario. Tape simply shows you where the big
orders were placed previously. You dont think they wait there again ? Price does, and it naturally wants to go
there. Its like pack of flies attracted by horse manure.

if for some reason I see suspicious price action right here, I`m out. And reload shorts, rinse, repeat
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
Click to Enlarge Name: aud_usd_m1_3.jpg Size: 86 KB
Click to Enlarge Name: aud_usd_m1_4.jpg Size: 109 KB
Thank you Malcolm, Belekas, Jim, raczekfx and Ryanmcd !
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