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 »

DELETED
Last edited by Anonymous on Tue Jun 04, 2013 7:12 am, edited 1 time in total.
fx800
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Posts: 1334
Joined: Sun Dec 04, 2011 4:11 am

Re: Supply Demand EA

Post by fx800 »

Bought EJ , 10.4 rules.
fx800
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Re: Supply Demand EA

Post by fx800 »

AUD pairs sold off again after rate news, NZD also resume DT.

So, GBPAUD, GBPNZD,EURAUD, EURNZD resuimg UT.
fx800
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Re: Supply Demand EA

Post by fx800 »

LITEFOREX INDEX YEN, AUSSIE AND KIWI DOWN, USD, GBP, EURO AND CHF UP.
fx800
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Re: Supply Demand EA

Post by fx800 »

fx8000 wrote:
fx8000 wrote:GJ,EJ AND UJ ALL OVERSOLD, COUNTER TREND, therefore half lot size.
Pending buys for GBPNZD and EURNZD.

5.30 AM UK TIME RBA RATE DECISION.

EURNZD LONG CLOSED FOR 30 PIPS.
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fx800
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Re: Supply Demand EA

Post by fx800 »

fx8000 wrote:Some sort of normality has returned to the market this am, and many pairs are back into their trend again.

I have sold gold on waking up this am at 148.8, slightly late entry.

GOLD SHORT CLOSED AT 1405.7, $3 PROFIT.

You can see SR indi works, especially if you add 240ma filter.

Much better than IIsupdem indi which I had been using before.
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Last edited by Anonymous on Tue Jun 04, 2013 9:41 am, edited 2 times in total.
fx800
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Re: Supply Demand EA

Post by fx800 »

fx8000 wrote:Bought EJ , 10.4 rules.
CLOSED FOR 26 PIPS AT ATR X 1 LINE.

Price reversed on touching WR1.
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fx800
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Re: Supply Demand EA

Post by fx800 »

fx8000 wrote:
fx8000 wrote:Bought EJ , 10.4 rules.
CLOSED FOR 26 PIPS AT ATR X 1 LINE.

Price reversed on touching WR1.

For 10.4, I find H1 CSS filter too late, so I am using M30 instead, seems to be working quite well.
fx800
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Re: Supply Demand EA

Post by fx800 »

My scale in gold short at 1405.5 closed at 1400.1, $5.4 profit.
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fx800
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Re: Supply Demand EA

Post by fx800 »

A brilliant modification of Bob's 10.4 by Jem here.........

viewtopic.php?p=64058#p64058 (copy and paste to the URL)

LONG PAIRS (Above 240)
1. Watch on H1 charts.
2. Wait for a decent retracement to WP or WS1.
3. Wait for H4 RSI to be pinned to the bottom.
4. Wait for H1 CSS to change colour from red to goldenrod or green and enter.
5. Risk 1% per trade and place stop at a previous low using Easy Order to calculate the position size.
6. Aim for TP of WR1 OR close any trade early if the H1 CSS colour changes back to red.

SHORT PAIRS (Below 240)
1. Watch on H1 charts.
2. Wait for a decent retracement to WP or WR1.
3. Wait for H4 RSI to be pinned to the top.
4. Wait for H1 CSS to change colour from green to goldenrod or red and enter.
5. Risk 1% per trade and place stop at a previous high using Easy Order to calculate the position size.
6. Aim for TP of WS1 OR close any trade early if the H1 CSS colour changes back to green.

MUST READ .....IT WILL PAY DIVIDENDS.

Combined with SR ind, IT IS DYNAMITE.

I know 10.4 does not trade counter trend, but I do, using half lot size.
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Last edited by Anonymous on Tue Jun 04, 2013 3:54 pm, edited 1 time in total.
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