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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #23,101
  • Apr 25, 2012 6:20am Apr 25, 2012 6:20am
Quoting wormboy
I sold cable 2 lots. Stop set at 1.63
target 582x ?
Hero calls followed by margin calls...
  • #23,102
  • Apr 25, 2012 6:22am Apr 25, 2012 6:22am
Quoting PhAnTi'
target 582x ?
1.588 actually. Monthly pivot
Thank You
  • #23,103
  • Apr 25, 2012 6:42am Apr 25, 2012 6:42am
Quoting PhAnTi'
doeant look pretty cremy for your 15 % :-/ ^^
bit like pulling teeth, adjusted my stop higher its now at 1650 these set ups are reliable gold is predictable ..

thanks wormy feel bit like a fool atm not going bearish yet see what the night brings ..

some weeks i can trade like a superstar thjen 2 weeks after i can pick a set up but they fail it gos in cycles does anyone else exprience this ?
  • #23,104
  • Apr 25, 2012 6:55am Apr 25, 2012 6:55am
Quoting trj6911
bit like pulling teeth, adjusted my stop higher its now at 1650 these set ups are reliable gold is predictable ..

thanks wormy feel bit like a fool atm not going bearish yet see what the night brings ..

some weeks i can trade like a superstar thjen 2 weeks after i can pick a set up but they fail it gos in cycles does anyone else exprience this ?
1st fail: you increased your stop hoping for a turn...
2nd fail: you risked more than 15 % on a single trade..
3rd fail: you called forex predictable..

i wish you good luck on the trade...

:-/
Hero calls followed by margin calls...
  • #23,105
  • Apr 25, 2012 7:03am Apr 25, 2012 7:03am
Quoting wormboy
1.588 actually. Monthly pivot
yo imho we r good for a reverse here at daily major supply...350 pip upthrust without any wink wink should give some correction

lets c

best,
jonas

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Hero calls followed by margin calls...
  • #23,106
  • Apr 25, 2012 7:08am Apr 25, 2012 7:08am
Quoting PhAnTi'
1st fail: you increased your stop hoping for a turn...
2nd fail: you risked more than 15 % on a single trade..
3rd fail: you called forex predictable..

i wish you good luck on the trade...

:-/
true not disagreeing with you i dont follow or believe in the 2% bullshit millionaires didnt become millionaires without risk ,i always have noted that i trade micro lots i been trading shares for years forex for about 4 years im perfecting my art ,i post here coz it is a lonely joband there are like minded people here ,forex is risky i know that read again i said gold is predictable and i can insure you for me its the easiest to trade ,carry on ......
  • #23,107
  • Apr 25, 2012 6:24pm Apr 25, 2012 6:24pm
Quoting wormboy
I sold cable 2 lots. Stop set at 1.63
Closed this trade & cut my loss. Cable had pushed & stayed above the monthly resistance. The bull run continues.

I'm stopping trading for this month. My total loss is $5100 & I can't seem to sustain any winning trades. Will be back trading next month, good luck to all
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Thank You
  • #23,108
  • Apr 26, 2012 1:53am Apr 26, 2012 1:53am
a sign of a good trader wormy know when to give up and as they say the market will be there when you come back go on a holiday...
  • #23,109
  • Apr 26, 2012 2:00am Apr 26, 2012 2:00am
Next trade bought gold very predictable gold ...reason good break of trendline and bullish power candles 100 stop .
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  • #23,110
  • Apr 26, 2012 7:28am Apr 26, 2012 7:28am
  •  ams
  • | Joined Apr 2009 | Status: Perspective,Position,Plan ,Pattern | 2,859 Posts
Sorry to hear matey, pound is absolutely rubbish to trade these days, it only know direction of north.
My IB mate advised me not to be bearish on the pound because of games this year. He reckons 63-65ishh target where it'll range for a while then drop later perhaps but again not below 153. Eurozone worries also helping the sucker. Look at EG, next target seems 77 then 71!! Who knows where the sucker will go. If & when it starts appearing in the news paper that euro is all time low, it's time to buy Not there yet but I reckon will be soon.


ta
ams


Quoting wormboy
Closed this trade & cut my loss. Cable had pushed & stayed above the monthly resistance. The bull run continues.

I'm stopping trading for this month. My total loss is $5100 & I can't seem to sustain any winning trades. Will be back trading next month, good luck to all
  • #23,111
  • Apr 27, 2012 2:25am Apr 27, 2012 2:25am
flat on gold seee what next week brings .........
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  • #23,112
  • Apr 27, 2012 2:33am Apr 27, 2012 2:33am
do like this one trading under LTL and PPX stop at 3215 ...
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  • #23,113
  • Apr 27, 2012 4:13am Apr 27, 2012 4:13am
Quoting trj6911
do like this one trading under LTL and PPX stop at 3215 ...
and stopped them the brakes .....
  • #23,114
  • Apr 27, 2012 9:11pm Apr 27, 2012 9:11pm
Quoting wormboy
Closed this trade & cut my loss. Cable had pushed & stayed above the monthly resistance. The bull run continues.

I'm stopping trading for this month. My total loss is $5100 & I can't seem to sustain any winning trades. Will be back trading next month, good luck to all
WOW, wormie....5100$ is 5 times bigger that i can ever imagine my trading account..i am reading your journal for very long time, and i appreciate the decision you took, even though i will miss you
  • #23,115
  • Apr 30, 2012 2:39am Apr 30, 2012 2:39am
I have been trading gold for some time now. I feel like its just like the currency pairs.. The volatility is big (bcoz of high price) but as you know it can act both ways. I have made good money in gold but i have lost big too. Now i do not play big sizes in Gold. For example, I played gold today on the short side (was stupid to go against the strong up trend started few days ago) and so far i am down $330.

Quoting trj6911
true not disagreeing with you i dont follow or believe in the 2% bullshit millionaires didnt become millionaires without risk ,i always have noted that i trade micro lots i been trading shares for years forex for about 4 years im perfecting my art ,i post here coz it is a lonely joband there are like minded people here ,forex is risky i know that read again i said gold is predictable and i can insure you for me its the easiest to trade ,carry on ......
  • #23,116
  • Apr 30, 2012 4:20am Apr 30, 2012 4:20am
Quoting Xxavier
I have been trading gold for some time now. I feel like its just like the currency pairs.. The volatility is big (bcoz of high price) but as you know it can act both ways. I have made good money in gold but i have lost big too. Now i do not play big sizes in Gold. For example, I played gold today on the short side (was stupid to go against the strong up trend started few days ago) and so far i am down $330.
well you need to trade your own setups im not here to spoon feed trades but for me gold respects trendlines price patterns e.t.c very reliably,im not sure why you shorted but i posted them bullish bars few posts back so for me buying pullbacks and support zones is the most safest trades , shorting should not be in your mind ,sumtimes you get it wrong thats for sure need to trade in your limits .im bullish gold lots of resistance above so we buy and close at R zone then buy again wen support is formed expect 171x next few weeks ...blue zone is currant buy zone ...cheers
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  • #23,117
  • Apr 30, 2012 9:26am Apr 30, 2012 9:26am
oooh please don't get me wrong.. i do not need your spoon feeding please... Thank you for your analysis.. good luck with trading..
Quoting trj6911
well you need to trade your own setups im not here to spoon feed trades but for me gold respects trendlines price patterns e.t.c very reliably,im not sure why you shorted but i posted them bullish bars few posts back so for me buying pullbacks and support zones is the most safest trades , shorting should not be in your mind ,sumtimes you get it wrong thats for sure need to trade in your limits .im bullish gold lots of resistance above so we buy and close at R zone then buy again wen support is formed expect 171x next few weeks ...blue zone is currant...
  • #23,118
  • May 1, 2012 4:44pm May 1, 2012 4:44pm
Selling here with stops placed @1.6325

Daily bearish dark cloud cover confirmed.
Good luck
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Thank You
  • #23,119
  • May 1, 2012 6:52pm May 1, 2012 6:52pm
Quoting wormboy
Selling here with stops placed @1.6325

Daily bearish dark cloud cover confirmed.
Good luck
whats your target wormie?
Money is the result derived from the execution of a skillset
  • #23,120
  • May 2, 2012 1:36am May 2, 2012 1:36am
Quoting wormboy
Selling here with stops placed @1.6325

Daily bearish dark cloud cover confirmed.
Good luck

dude last month was quite difficult... let's make it back this month!!!!
I don't want a job, i want money!
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