Supply Demand EA

Place your new trading idea here to see if someone can automate it.
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fx800
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Re: Supply Demand EA

Post by fx800 »

EURJPY H1 UT price broke below DP, then broke back up. PO buy triggered.

However, pa in R zone, so may not move very far.
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fx800
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Re: Supply Demand EA

Post by fx800 »

BOE INTEREST RATE DECISION AT 1200 HOURS TODAY.

WATCH OUT IF YOU ARE TRADING GBP.
fx800
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Re: Supply Demand EA

Post by fx800 »

AUDUDS H1 DT, H4 STOCHS OB, PO below the low of bear candle triggered.
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fx800
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Re: Supply Demand EA

Post by fx800 »

fx8000 wrote:AUDUDS H1 DT, H4 STOCHS OB, PO below the low of bear candle triggered.
Stacking at DMR2.
fx800
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Posts: 1334
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Re: Supply Demand EA

Post by fx800 »

You will have better hit rates trading SR ZONES if you trade from KEY SUPPORT/RESISTANCE.

Professional traders do not trade very frequently like we amateurs do. When they trade, they trade bigger lots with better RR.

One place you can get free information about key support/resistance is a web site called FOREX4NOOBS. I am not associated with the web site in any way.

Fortunately, I do not trade forex for a living, it is something I enjoy doing. It is kind of a hobby for me.
fx800
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Re: Supply Demand EA

Post by fx800 »

fx8000 wrote:EURJPY H1 UT price broke below DP, then broke back up. PO buy triggered.

However, pa in R zone, so may not move very far.

EURJPY closed at BE+ 2PIPS.
fx800
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Re: Supply Demand EA

Post by fx800 »

I use GMTS-DASH from FF to monitor trade direction in other time frames. You can use mini charts but they occupy more space.

Also, I forgot to mention that you can use Ribelo's Semi auto Supply Demand ea to trade SR ZONES, just check the automated sections in this forum.
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bourgenot
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Re: Supply Demand EA

Post by bourgenot »

hello fx8000, could you send me the little indicator (dashboard), which is the top left of your screen. thank you in advance for your help. Pierre
fx800
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Re: Supply Demand EA

Post by fx800 »

bourgenot wrote:hello fx8000, could you send me the little indicator (dashboard), which is the top left of your screen. thank you in advance for your help. Pierre

You can get it here

http://www.forexfactory.com/showthread.php?t=381999

I have set my TVI to 8,8,5 and CCI to 4 to increase the sensitivity.
fx800
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Re: Supply Demand EA

Post by fx800 »

Very little market movement today. Seems like the summer doldrums is starting this year.

If you are trading for a living, just sheer bad luck.
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