Supply Demand EA
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fx800
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Re: Supply Demand EA
EURJPY UT - same as for GBPJPY.
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fx800
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Re: Supply Demand EA
AUDJPY H4 UT, made a false break of the daily pivot, forming a pin bar. Stochs OS.
Anyone trading pin bar would place a pending order 5 to 10 pips above the nose of the pin bar. It is the wrong time of the day to take a trade, otherwise, the pin is very tradable.
Anyone trading pin bar would place a pending order 5 to 10 pips above the nose of the pin bar. It is the wrong time of the day to take a trade, otherwise, the pin is very tradable.
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fx800
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Re: Supply Demand EA
I have taken the trade just for illustration. We will see what happens.fx8000 wrote:AUDJPY H4 UT, made a false break of the daily pivot, forming a pin bar. Stochs OS.
Anyone trading pin bar would place a pending order 5 to 10 pips above the nose of the pin bar. It is the wrong time of the day to take a trade, otherwise, the pin is very tradable.
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fx800
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Re: Supply Demand EA
This is the SPX500 DAILY chart. It has broken through the 1600 barrier and is heading towards 1650.
This will be good for XXXJPY pairs.
Look out for buying opportunities when London re-opens tomorrow.
The best of the bunch are GBPJPY and CADJPY.
This will be good for XXXJPY pairs.
Look out for buying opportunities when London re-opens tomorrow.
The best of the bunch are GBPJPY and CADJPY.
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fx800
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Re: Supply Demand EA
EURUSD H4 UT OS - A LONG TRADE.
I am not using CSS for entry.
I am not using CSS for entry.
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fx800
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Re: Supply Demand EA
deleted
Last edited by Anonymous on Mon May 06, 2013 8:12 pm, edited 1 time in total.
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fx800
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Re: Supply Demand EA
A reverse pin bar has formed on the SPX500 H4 chart, so AUDJPY closed with a small profit. If SPX500 falls, the AJ will follow.fx8000 wrote:I have taken the trade just for illustration. We will see what happens.fx8000 wrote:AUDJPY H4 UT, made a false break of the daily pivot, forming a pin bar. Stochs OS.
Anyone trading pin bar would place a pending order 5 to 10 pips above the nose of the pin bar. It is the wrong time of the day to take a trade, otherwise, the pin is very tradable.
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fx800
- Trader
- Posts: 1334
- Joined: Sun Dec 04, 2011 4:11 am
Re: Supply Demand EA
fx8000 wrote:EURUSD H4 UT OS - A LONG TRADE.
I am not using CSS for entry.
EU closed with a small loss.
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fx800
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Re: Supply Demand EA
Pending buys for GJ and EU ON H4.
RBA followed other central banks by cutting interest rates. So Aussie falling.
More cheap money, should be good foe the stock market.
LFXJPY falling, so risky to buy GJ.
RBA followed other central banks by cutting interest rates. So Aussie falling.
More cheap money, should be good foe the stock market.
LFXJPY falling, so risky to buy GJ.
Last edited by Anonymous on Tue May 07, 2013 9:25 am, edited 1 time in total.
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fx800
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Re: Supply Demand EA
The yen will continue to weaken due to fundamentals. So, I am looking to build a yen basket slowly each time there is a retracement.
Last edited by Anonymous on Tue May 07, 2013 7:58 am, edited 1 time in total.