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wormboy replied Feb 12, 2009still holding short — alfamichi : I'm still holding my short positions. At the moment I would not know how to call the shots. Maybe you could get the guys who trade on smaller timeframe to advise you. Sorry mate.
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wormboy replied Feb 12, 2009jammerjams : gnite mate & don't worry you'll hear the screams when she falls

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wormboy replied Feb 12, 2009okay that's enough pullback. Time to bungee jump again
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wormboy replied Feb 12, 2009great, i'm all for learning mate
Though I must say, I don't have much to offer compared to some seniors here. And my chart? There's only 2 sma there & nothing else. But I'll be happy to share everything I know if requiredCable Update (GBPUSD)
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wormboy replied Feb 12, 2009I know what you mean mate. Use to trade off 5m charts. It was too crazy for me!
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wormboy replied Feb 12, 2009I agree with you, especially the highlighted part. That part practically was the very reason i decided to scrap scalping/day trading. It just didn't work for me. More often than so, after a bad trade, I end up gambling my $ away. Maybe I just didn't ...
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wormboy replied Feb 12, 2009That's good man & I agree completely. Opinions are much needed to keep ourselves in checked, especially ones that are contrary to our own. But, it should by no means let you sway from your original target methinks. Good luck with your trade ...
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wormboy replied Feb 12, 2009Your welcomed mate. I use to trade scalp/daytrade before. Didn't turn out too well for me, so I changed the way I trade & never looked back since. But hey, what ever works for you as long as it stays green is good no?
Good luck on your tradeCable Update (GBPUSD)
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wormboy replied Feb 12, 2009bobcat : I would not try to guess the bottom, myself being in this trade atm, I'd be happy for it to take me as low as it would ( 1.36 is where I have my limit at ), or unless there is a reversal which has a candle going over my sma, only then I ...
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wormboy replied Feb 12, 2009goodwings : I have replied to jammerjams regarding cci. Please take note that it works with large timeframe only, and myself trade large timeframes. So it might not be applicable to the way you trade.
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wormboy replied Feb 12, 2009yes sir. there will be a small pullback. but with cci oversold, contrary to the rsi which usually signals a reversal, it usually will head to the direction it is meant which in this case is south. This method was introduced by Boris Schlossberg.
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wormboy replied Feb 12, 2009Anyone planning on going long should do it with upmost care. The daily cci is entering oversold, which usually means it's going down hard. just a thought. Good luck with your trades guys.
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wormboy replied Feb 12, 2009That is a monster candle.
4250 hit, moving second entry sl to be.Cable Update (GBPUSD)
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wormboy replied Feb 12, 2009good afternoon guys! We need the sterling to go down hard today yea? Been saying that since yesterday .. come on now .. 1.36!

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wormboy replied Feb 11, 2009bears and bulls sleeping together now. bugger, c'mon bears, time to get up & get down!
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wormboy replied Feb 11, 2009I have no problems with the connection at all, be it streamyx or my celcom. Nope, no problems here bro.
Malaysia
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wormboy replied Feb 11, 2009allserene : atm, he looks more like he has no clue at all. did you watch him grilled yesterday. the look on that face gave it away

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wormboy replied Feb 11, 2009I'm using fxcm, never had any problems with them before. Their marketscope sucks however, so I use ibfx mt4 for charts. I heard oanda is okay too.
Malaysia