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Better-than-the-wormhole 555 replies

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The WoRmHoLe

  • #23,421
  • Sep 4, 2012 2:23am Sep 4, 2012 2:23am
ok just closed my long either on EU and GU.... they reached a fair SR level on the daily, respectively the 2630-2640 area on EU and the 59 level on GU.

Flat right now but ready to place a trade (long) in case we break those areas, or short if we create an iversion pattern

I don't want a job, i want money!
  • #23,422
  • Sep 5, 2012 6:28am Sep 5, 2012 6:28am
Would like some help here:

A) I see a bearish engulfing pattern on daily chart
B) I see a bullish engulfing pattern on 4hour

1) is that true that I see two conflicting engulfing patterns?
2) Does either one invalidate the other?

Thanks in advance for any clarity / advice
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  • #23,423
  • Sep 5, 2012 7:09am Sep 5, 2012 7:09am
Quoting wormboy
1. long @5823 sl @5745 (3.0)
Stop amended & added to position


1. long @5823 sl @5835 (3.0)
2. long @5919 sl @5750 (1.0)
Thank You
  • #23,424
  • Sep 5, 2012 7:10am Sep 5, 2012 7:10am
Quoting nAVIN2007
thats won hell of a trade brother!!..

Lucky bro

Quoting albchr
Hey brother,

The only reason I didn't join ya is cause I know I can come back in say.....2 to 20 hours and buy it at the same level! .... .....
Hope you got in bro
Thank You
  • #23,425
  • Sep 5, 2012 7:12am Sep 5, 2012 7:12am
Quoting hadleyma
Would like some help here:

A) I see a bearish engulfing pattern on daily chart
B) I see a bullish engulfing pattern on 4hour

1) is that true that I see two conflicting engulfing patterns?
2) Does either one invalidate the other?

Thanks in advance for any clarity / advice
The bearish engulfer on the daily that you see isn't formed at the top of the move, but it's in the middle of consolidation. The probability of the pattern to turn into a reversal is very low, I'd ignore it.

The H4 however is a piercing line, if it's closes that way, then it's a strong indication of buying.
Thank You
  • #23,426
  • Sep 5, 2012 8:22am Sep 5, 2012 8:22am
good job dude.... i had a lucky shot, thinking that the ltl on the EU (visible in the hourly tf) would have held and that the weekly pivot is not so easy to break... i had some long and got lucky with it...

just curiousity.. why u added??
I don't want a job, i want money!
  • #23,427
  • Sep 7, 2012 9:46am Sep 7, 2012 9:46am
Quoting wormboy
Stop amended & added to position


1. long @5823 sl @5835 (3.0)
2. long @5919 sl @5750 (1.0)
Trade closed.

1. long @5823 closed @6032 (3.0)
2. long @5919 closed @6032 (1.0)

$7500. Done for the month
Thank You
  • #23,428
  • Sep 7, 2012 9:46am Sep 7, 2012 9:46am
Quoting dario1002

just curiousity.. why u added??
5900 level breakout
Thank You
  • #23,429
  • Sep 7, 2012 9:48am Sep 7, 2012 9:48am
Quoting wormboy
Trade closed.

1. long @5823 closed @6032 (3.0)
2. long @5919 closed @6032 (1.0)

$7500. Done for the month
way to go bro..!!!

Quoting wormboy
5900 level breakout


Quoting wormboy
Lucky bro



Hope you got in bro
pffffffft!! u never lucky just gifted!!
  • #23,430
  • Sep 7, 2012 10:15am Sep 7, 2012 10:15am
hoping to join u guys soon..still in from last time..
  • #23,431
  • Sep 7, 2012 12:59pm Sep 7, 2012 12:59pm
Quoting wormboy
Good trade bro.

But in my opinion euro is not bearish anymore on the HTF, so it'll be wise to keep your positions locked since you're already in the money. We don't know if this sucker will only retrace or reverse completely, but I reckon there could possibly be a 500 -600 pips upmove at least. We'll see.

Good luck my friend
There's the 500 pipper.
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Attached Image
Thank You
  • #23,432
  • Sep 7, 2012 1:01pm Sep 7, 2012 1:01pm
Quoting wormboy
Good trade bro.

But in my opinion euro is not bearish anymore on the HTF, so it'll be wise to keep your positions locked since you're already in the money. We don't know if this sucker will only retrace or reverse completely, but I reckon there could possibly be a 500 -600 pips upmove at least. We'll see.

Good luck my friend
W1. Pay attention to chart patterns, especially when they appear on the HTF.
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Thank You
  • #23,433
  • Sep 7, 2012 1:04pm Sep 7, 2012 1:04pm
Quoting wormboy
That bounce on the D1 rising ltl is the only reason why I bought.
That's how simple things sometimes can be. Last to my friends who are trying to counter cable & euro. They're both now trending, leave the shorts alone & look for dips instead. More money. Have a great weekend
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Thank You
  • #23,434
  • Sep 7, 2012 1:06pm Sep 7, 2012 1:06pm
Quoting nAVIN2007
pffffffft!! u never lucky just gifted!!
Everybody needs luck bro Have a great weekend!
Thank You
  • #23,435
  • Sep 7, 2012 1:29pm Sep 7, 2012 1:29pm
Quoting wormboy
Everybody needs luck bro Have a great weekend!
i hear ya..its true u need luck because u have to get the direction but believe u got a target of 200 pips with that lot size only because of the trading attributes u have gained since the beginning

luck ended with the direction..imho

i know what u mean thou..(we just hope that the signal we get is the real deal)
  • #23,436
  • Sep 9, 2012 1:48am Sep 9, 2012 1:48am
Hi Wormboy

Do you think eu will rise to close the gaps at1.3xxx it left in April before dropping again?
When all conditions are met - Enter trade - sit back and FRET !!!
  • #23,437
  • Sep 9, 2012 1:56am Sep 9, 2012 1:56am
Quoting wormboy
There's the 500 pipper.
ditto...
I don't want a job, i want money!
  • #23,438
  • Sep 9, 2012 5:27am Sep 9, 2012 5:27am
Quoting wormboy
Trade closed.

1. long @5823 closed @6032 (3.0)
2. long @5919 closed @6032 (1.0)

$7500. Done for the month
i love this statement, especially on the very first week of the month

... anyway we'll never stop to trade ;-p
Hero calls followed by margin calls...
  • #23,439
  • Sep 10, 2012 5:36am Sep 10, 2012 5:36am
Quoting wormboy
Everybody needs luck bro Have a great weekend!
Oh Lord...If that's true I'm DOOMED!!
Ghost Rider - WWTBMD?
  • #23,440
  • Sep 13, 2012 8:58am Sep 13, 2012 8:58am
Quoting jsf
Hi Wormboy

Do you think eu will rise to close the gaps at1.3xxx it left in April before dropping again?
Hi

Yes & no drop, at least no sign of it yet. Good luck
Thank You
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