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wormboy replied Apr 8, 2009Good day everyone
We're still heading down. Some wood to chop at 146 level but once we get through we're good. I hope everyone was patient enough yesterday & didn't jump ship too early as there were no sign of us going back up. So let's see how ...The Experts Zone: GBPJPY
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wormboy replied Apr 7, 2009Still looks like it could go either way but a close below 4650 and the momentum will be down, but as the last pages had shown, it'll be foolish to guess lol. Let's just wait. Watch the h&s closely btw. Good luck.
Cable Update (GBPUSD)
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wormboy replied Apr 7, 2009Dragon Trade (Update) — Okay. Took another small position for this pair. Post #756. GBP JPY short @148.08 sl@ 151.50 Let's see how this pans out.
The WoRmHoLe
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wormboy replied Apr 7, 2009Okay. Remaining position got stopped out. Will re evaluate before positioning again
2. short @148.89 closed @148.70The WoRmHoLe
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wormboy replied Apr 7, 2009Cable Update — Please refer to the attachment on post #757. Atm there is no clean break for the h&s to be valid. Till that happens, cable is still bullish. Good luck
The WoRmHoLe
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wormboy replied Apr 7, 2009This is my take on cable url I don't usually count on where the trade will end up, but for the sake of identifying, the ltl across 44xx level should provide a reasonable support. Just don't forget to lock your gains as you go and don't buck the ...
Cable Update (GBPUSD)
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wormboy replied Apr 7, 2009Dragon Trade (Update) — Okay. Taking 1/3 of my position off the table, leaving the remaining to work with stops amended. 1.short @148.89 closed @146.35 [0.1 lotsize] 2.short @148.89 [email protected] Charts will be updated later. Good luck

The WoRmHoLe
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wormboy replied Apr 7, 2009Hey bro. Thanks, but I'm sure we could do better with your analysis bro
Your take looks spot on to me bcoz tho my bias for cable is now down I will not short cable until the neckline on the shampoo gets taken out. The neckline suprisingly ...The WoRmHoLe
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wormboy replied Apr 6, 2009Dragon (Update) — Good morning everyone
This a followup to post #754. Our shorts are all coming along fine atm. I don't usually like to place a target as to where the trade would prolly ends up at but the marked area on the hourly could ...The WoRmHoLe
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wormboy replied Apr 6, 2009Good morning everyone
This a followup to post #194. Our shorts are all coming along fine atm. Marked area on the hourly could possibly be the area of target. Anyway, don't forget to lock in gains, stranger things have happened.
Good luck.The Experts Zone: GBPJPY
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wormboy replied Apr 6, 2009Dragon Trade (Update) — A follow up to post #751. Took a small position for this beast. short @148.89 sl @151.55 As usual stops will be moved periodically. Good luck

The WoRmHoLe
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wormboy replied Apr 6, 2009Nobody does. Anyone who says they know where it's heading is full of bs. It's all educated guess. Abu shows you the inverted h&s. I will show you the possible h&s developing on the hourly. No point in positioning for trades atm. The bias is now ...
Cable Update (GBPUSD)
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wormboy replied Apr 6, 2009Strong bearish outlook confirmed with the evening star forming on the 6hourly. We're short below the ltl. Good luck

The Experts Zone: GBPJPY
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wormboy replied Apr 6, 2009Dragon (Update) — Bearish outlook confirmed atm. Evening star on the 6hourly & we're looking to short below the ltl.
The WoRmHoLe
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wormboy replied Apr 6, 2009Not one of your 4 charts are helpful without explanation.
Cable Update (GBPUSD)
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wormboy replied Apr 6, 2009Hi davids, how have you been mate? I'm doing good btw Good to have you back

The WoRmHoLe
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wormboy replied Apr 6, 2009Dragon Update — Okay. All profit are now off the table. We'll look for a break below the tl (highlighted rectangle area) before loading shorts. Failing to do so & we won't discount the possibility to go long again. No trade atm. Good luck ...
The WoRmHoLe