According to Kathy Lien, sell the US dollar against the Euro. Below 1.270, there is very little support until 1.200.
http://www.cnbc.com/id/100874576
So, attached your 10.5 ea to EURUSD and GBPUSD and ride the trend.
Supply Demand EA
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fx800
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Re: Supply Demand EA
Last edited by Anonymous on Sun Jul 21, 2013 6:56 pm, edited 1 time in total.
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fx800
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Re: Supply Demand EA
GBPAUD long, late entry, closed +63 pips. 10.5 SR TRADE
Aussie pair delivers the goods again.
Aussie pair delivers the goods again.
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fx800
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Re: Supply Demand EA
The market is all over the place. Not many pairs are trending.
Have a break and come back in the autumn.
Have a break and come back in the autumn.
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fx800
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Re: Supply Demand EA
Too much market noise on the H1 during this volatile summer market.
10.4 SR SHORT FOR THE AUDUSD in the night. 80+ pips.
10.4 SR SHORT FOR THE AUDUSD in the night. 80+ pips.
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fx800
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Re: Supply Demand EA
I have stopped trading till September.
Two nice 10.5 SR trades this morning.
Two nice 10.5 SR trades this morning.
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fx800
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Re: Supply Demand EA
10.4 SR BUY.
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fx800
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Re: Supply Demand EA
10.4 SELL.
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fx800
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Re: Supply Demand EA
GBPJPY is 10.5 sell.
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fx800
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Re: Supply Demand EA
GBPAUD, GBPNZD, EURAUD, EURNZD are all trading opposite to trend indicators.
This is because recent news showed that the Chinese economy is showing signs of recovery and the commodity currencies the Aussie and the Kiwi are strengthening.
Hence, the counter currencies are moving in the opposite direction.
Always need to keep an eye on economic news because fundamentals will always trump indicators.
Until a new trend appears, you will need to remove all Aussie and Kiwi pairs from your Multi 10.4 trader. This is why I prefer to use an ea on indiviual charts, and attach or remove the ea from each pair after review before the start of a trading day.
You have to be the brains or neuronal network behind the ea. Otherwise, by the time the ea notices a change in trend indicators, you would have lost a lot of your account.
This is because recent news showed that the Chinese economy is showing signs of recovery and the commodity currencies the Aussie and the Kiwi are strengthening.
Hence, the counter currencies are moving in the opposite direction.
Always need to keep an eye on economic news because fundamentals will always trump indicators.
Until a new trend appears, you will need to remove all Aussie and Kiwi pairs from your Multi 10.4 trader. This is why I prefer to use an ea on indiviual charts, and attach or remove the ea from each pair after review before the start of a trading day.
You have to be the brains or neuronal network behind the ea. Otherwise, by the time the ea notices a change in trend indicators, you would have lost a lot of your account.
You do not have the required permissions to view the files attached to this post.
Last edited by Anonymous on Sat Aug 10, 2013 2:44 pm, edited 4 times in total.
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fx800
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Re: Supply Demand EA
Both the Aussie and the Kiwi are in an up trend following positive economic news from China.
So, I am buying dips when stochs/rsi are oversold.
So, I am buying dips when stochs/rsi are oversold.