10.6 EDSEL

[harry]

Hi Bob,

so far what i learn is that on H4 if we see sto7 signal for UT or DT then we go to H1 and look for 2 bars and only and only at that situation we open trade at nearest solid or doted or DP. But if there is no 2 bars then what we have to do...i mean we can not open trade?

let me know
thanks

[SteveHopwood]

News at Forex Factory:

"the EUR/USD hourly chart maintains a strong neutral stance in the hourly with the upside still favor as per price developing above some short term speed lines coming from 1.3240" notes Valeria Bednarik, Chief Analyst at FXstreet.com.

Analysis from Nanningbob a no paid analyst from Steve Hopewood Forum (sorry Steve couldnt resist): eur/usd price action cut the corner of the DP and retraced to the 15MA line on the 1H chart creating a double red bar. Traders put their buy Pendings above the 15MA line and caught the move. By mid JPY morning session 30 pips were put into the bank.

Now which one did you understand better. Maybe I should become a highly paid analyst.

No chance Bob. You make sense.

[SteveHopwood]

I love this analysis of price action at Forex Factory (FF) The story above and below were posted within 8 minutes of each other. I am sure you could use this information to make a hefty profit. snicker

And now from JPMorgan

Having defended key-support at 1.3389/62 (pivot/minor 76.4 %), EUR/USD seems to have stabilized which puts it back into a more neutral stage in between the latter and key-resistance at 1.3706 (minor 76.4 %), notes JP Morgan. "It takes a breakout of this range by at least 20 pips on hourly close though to receive fresh directions either in favor of a renewed attempt to reach out for 1.3977 (monthly triangle) or in favor of an extension lower for a test of the next major T-junction on higher scale at 1.3276 (76.4 % on higher scale), 1.3431(hourly trend)," JPM projects.

I love this sort of garbage - gives me a snigger every time I read it.

The only thing wrong with it is that noobs sometimes take it seriously and try hopelessly to make sense of what is nonsense. I remember in my early days thinking along the lines of, "Wow. This guy knows his stuff."

But then, I always was an idiot.

[Baluda]

@Padnoter,

Bug in your 10.6 Dashboard.

You need to set the size of the array before copying:

Code: Select all

ArrayResize( AlphabeticalSymbols, length );

Do this just before the ArrayCopy to AlphabeticalSymbols

Paul

[nanningbob]

Hi Bob,

so far what i learn is that on H4 if we see sto7 signal for UT or DT then we go to H1 and look for 2 bars and only and only at that situation we open trade at nearest solid or doted or DP. But if there is no 2 bars then what we have to do...i mean we can not open trade?

let me know
thanks

Harry I am sorry but I have no idea what you are talking about. STO7 doesnt signal UT or DT. It gives a potential trade coming up signal. WE see a green bar on the 4H which is the first bar and STO7 moves up from below 20 and it gives a signal. WE then look for a buy trade and set a pending buy trade. The STO7 is coordinated with the trend or green bar. The red bar is a DT marker. When STO7 comes down and crosses the 80 line from above we then look for a sell opportunity. That is how the STO7 is used.

[zTB]

But then, I always was an idiot.

Steve,

The Forex world would be better off with a few more 'idiots' like you.



Z

[art]

harry you have to read the manual all in there, bob the scripts i use the pending orders ok,when i drag the other scripts on the chart nothing happens ie modify stops for instance

[marts321]

But then, I always was an idiot.

Steve,

The Forex world would be better off with a few more 'idiots' like you.



Z

Agree, thankyou so much to Steve, Bob & all other contributors here, very happy to be part of this forum.

[zTB]

News at Forex Factory:

"the EUR/USD hourly chart maintains a strong neutral stance in the hourly with the upside still favor as per price developing above some short term speed lines coming from 1.3240" notes Valeria Bednarik, Chief Analyst at FXstreet.com.

Analysis from Nanningbob a no paid analyst from Steve Hopewood Forum (sorry Steve couldnt resist): eur/usd price action cut the corner of the DP and retraced to the 15MA line on the 1H chart creating a double red bar. Traders put their buy Pendings above the 15MA line and caught the move. By mid JPY morning session 30 pips were put into the bank.

Now which one did you understand better. Maybe I should become a highly paid analyst.

No chance Bob. You make sense.

True; no chance.

I think in order to become a highly paid analyst one must know how to spin a yarn without any compunction.

Z

[nanningbob]

harry you have to read the manual all in there, bob the scripts i use the pending orders ok,when i drag the other scripts on the chart nothing happens ie modify stops for instance

I will on occasion have trouble with them working but they always have. I dont know if there is some other interference going on and they wont work at that moment. For example today I couldnt get the buy script to work on a one pair but it did on another. Later it did, so I dont know.