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wormboy replied Mar 6, 2009Cable update (posted March 7th 09) — Not huge. MONSTER.
Anyway, I'll need her to break this channel and the support @4150 I have on the other chart (post #188) before adding up. That will probably be next hour. But I have no problems ...The WoRmHoLe
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wormboy replied Mar 6, 2009Cable update (posted March 6th 09) — This is the chart for post #179 explaining the small position I took earlier. I did mentioned earlier that 4265 level need to be properly breached before long position should be considered. That level had ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Cable update (posted March 6th 09) — For those interested to short cable. I have took a small short position @4215 sl@4350. Took the position based on the 3 black crows formation presented on the hourly & the 4hrly shooting star formation. ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Cable update (posted today) — Timely exit, system worked like a charm
. Cable should climb further after a pullback. We'll wait this one out and weigh our option before making an entry again. Cable will have to break clear past 4265 before ...The WoRmHoLe
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wormboy replied Mar 6, 2009Cable update (posted March 6th 09) — I have pulled the plug from the last trade call I made for cable. Reason is obvious, price is choppy and the last 8hour candle failed to close within the channel. My 4hrly cci is creeping up into the +100 ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Dragon Approach (posted March 6th 09) — As expected, dragon is still trapped in the wedge & we are still waiting for confirmation of a direction. Buyers were rejected hard at the 141.7 level yesterday as they were knocked hard back down over ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Stoploss question (posted March 6th 09) — hello howard. Regarding the stop. 4350 - 4600 levels had been key support & resistance level. I took 4385 as that was the previous high before the price went through my sma. Other than that, these wide ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Cable update (posted March 6th 09) — The 4hrly closed within the channel. I took the position with 0.4 short@4116 sl@4385 No tp. sl will be amended periodically. First sl amendment target 4000. Good luck
The WoRmHoLe
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wormboy replied Mar 6, 2009Cable update (posted March 5th 09) — Cable had since failed to breakout longside & seems like the bullish move yesterday was the case of pricing in as mentioned yesterday. Nothing new really, this had been done many times before in the past. I ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Dragon Approach (posted March 5th 09) — It seems dragon has again found the 141.7 level tough to break. It failed yesterday & we are still with no clear direction as to where this might go. My daily cci had retreated from +100, that usually ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Cable update (posted March 5th 09) — Okay. My 4hr price on cable had closed within the channel. At the moment my bearish bias remains unchanged ( what else is new ey
) I mentioned before, I'm not much of a fundamentalist, but with boe ...The WoRmHoLe
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wormboy replied Mar 6, 2009Cable stoploss question (posted March 5th 09) — I have received pm asking me as to why I need the price to move to 3920 before I amend my remaining position stops & why I keep saying cable needs to close below 3900 before falling further. I ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Cable update (posted March 5th 09) — My bearish bias remains intact. Cable is still trading in this channel and it will be interesting to see if the current candle formation which is a shooting star forming at the top of the channel remains ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Dragon Approach (posted March 4th 09) — In regards to post #107 I have attached a daily chart supporting the analysis. There is still no clear breakout with 141.7 level providing major resistance. We might see a rejection at that level, or we ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Cable update (posted Mar4th 09) — Looks like we're still headed for collision course. I believe a breach of 3900 level will push her down for good. Atm 3 of my remaining short positions are still valid. 1. short@4309 sl@4200 2. short@4210 ...
The WoRmHoLe
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wormboy replied Mar 6, 2009The dragon approach (posted Mar3rd 09) — Dragon's downmove as you can see from the 4hrly chart is facing rejection at critical levels. It's being stopped smack on my sma which as I said acts as a moving support/resistance, which coincidentally ...
The WoRmHoLe
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wormboy replied Mar 6, 2009My daily (posted Feb28 09) — Thanks for the heads up AJ. But I have considered the position I took based on the daily. From my daily the triangle breakout was yesterday. I do not have my daily candle creeping back in it tho, so I took it. No ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Breakout confirmed. (posted Feb28 09) — Guess I'll have to break my own rules of not placing any trades before Tuesday. I have added 0.4 to my current position and taking this one over the weekend after all. Took short@4309 sl@4655 while 4065 ...
The WoRmHoLe
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wormboy replied Mar 6, 2009Fundies (posted Feb27 09) — I am not much of a fundemantalists but with the dow falling further & further coupled with endless stream of bad data, risk aversion springs to mind. And we already know for now risk aversion means stronger dollar. ...
The WoRmHoLe