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Nanningbob 10.1 The EA is here
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=128
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Author:  SteveHopwood [ Wed Dec 14, 2011 5:55 pm ]
Post subject:  Re: Nanningbob 10.1 The EA is here

Latest update in post 1. Please see the new 'Trading modes' section - everything is explained there.

This is an essential update even if you never intend using the alternative mode. In developing it, I discovered some bugs that needed squishing.

:D
Author:  squalou [ Wed Dec 14, 2011 5:57 pm ]
Post subject:  Re:

squalou wrote:
squalou wrote: If we break the 1.3145 low established on Oct 4, we'll have to set DaysBack to.... 400(!!) to uncover D1 levels further south... !!
Next stop at 1.3055, then 1.2970.

Sq

DING DING !

Massive EU drop down to 1.3058...

EU now taking a breathe...
40p bounce off 3058,
and now pointing down again...
will complete the "hook" back to retest 3058 level, and then .....

We are now looking at the Low of the Year back in .... January : ==> 1.2970 ?

Or a massive bounce up to 3164, which has been a very good Support earlier today to finally break and produce this massive drop;
3164 would now logically play as a strong Resistance.
I would probably ignore 3146, as it was ignored today...
2011-12-13_184928.gif
Ladies and Gentlemen, please fasten your seat belts and get ready for the next RollerCoaster tour !

I love S/Rs !

:mrgreen:


As you can see, there is a lot to develop with JUST S/R LEVELS ALONE.
(almost...)


SQ
Ladies and Gentlemen, we have now landed at 2970, it is 1:30 AM local time, outside temperature is still mild for the season;
we hope you had a pleasant ride aboard this RollerCoaster operated by Squalou-Skyline-Entertainment, and we wish to see you very soon on our next trip to 2873.

:mrgreen:

Damn I love it....
+80p again...

Sq
Author:  SteveHopwood [ Wed Dec 14, 2011 6:18 pm ]
Post subject:  Re: Re:

squalou wrote:Damn I love it....
+80p again...

Sq
I am becoming quite fond of your indi, sq. It hauled my sorry ass out of the fire today, when a group of EU buy trades based on smFlyingBudda staggered into BE and allowed me to escape at +18. Without the info provided by your indi, I would have let them run.....................................

I have taken a puntette on EU: tp 1.288, sl 1.3055.

Have a look at GChf; just broken through the 1.47 and lots of sky up to the next at 1.482 (you need a huge DaysBack to see that one).

:D
Author:  Gamma_gallus [ Wed Dec 14, 2011 6:21 pm ]
Post subject:  Re: Re:

squalou wrote:
squalou wrote:
squalou wrote:
Ladies and Gentlemen, we have now landed at 2970, it is 1:30 AM local time, outside temperature is still mild for the season;
we hope you had a pleasant ride aboard this RollerCoaster operated by Squalou-Skyline-Entertainment, and we wish to see you very soon on our next trip to 2873.

:mrgreen:

Damn I love it....
+80p again...

Sq

:D :D :D

Good job and guess Squalou !
Prete moi ta boule de crystal s'il te plait pour la prochaine fois ;)

Gamma
Author:  squalou [ Wed Dec 14, 2011 6:56 pm ]
Post subject:  Re: Nanningbob 10.1 The EA is here

8-)

Gamma, no "boule de cristal" here, just pure "naked" S/R trading.

Steve, good pick. SL probably far too wide according to my analysis:

3009 has now been hit again from the south side.

Can you see how 3009 has been acting as a Support from yesterday's NY close until late this morning ?

Then we rushed down to 2970 Daily Support;

And bounced back up to 3009 TO THE PIP an hour ago...
3009 has now clearly turned into a confirmed Resistance it seems...

Listen to the S/R melody...
And all this will pretty soon sound like cristal-clear music to you, Steve, i promise !


EU will most probably settle for the night between 3009 and 2970 (conservative) or even 2947 (the last LL) (aggressive).

I have set my SELL at 2995 (missed my entry at 3004) for the night.
TP=2970 = only 25p, but should really be 35p with a correct entry at 3004...
SL=3027 = 30p, but should really be only 20p

BE 8/0 just in case.

R:R almost 2:1 for a "slow night trade"... (EDIT: with correct entry at 3004...)

We'll see how it goes.

Tomorrow, our next trip down to 2873 ?
With a possible pit stop around 2918...
Most probable.

We'll see this at London Open.

Good night to all !

Sq
Author:  garyfritz [ Wed Dec 14, 2011 6:58 pm ]
Post subject:  Re: Nanningbob 10.1 The EA is here

squalou, can you post a pointer to your S&R indicator? I searched here & on FF but couldn't find it...
Author:  squalou [ Wed Dec 14, 2011 7:05 pm ]
Post subject:  Re: Nanningbob 10.1 The EA is here

garyfritz wrote:squalou, can you post a pointer to your S&R indicator? I searched here & on FF but couldn't find it...
post 1 as usual...

"10.1 Daily S&R Daily".


Set DaysBack to 400 to get enough history now on EU.

Here is a template.

Sq
Author:  SteveHopwood [ Wed Dec 14, 2011 7:06 pm ]
Post subject:  Re: Nanningbob 10.1 The EA is here

garyfritz wrote:squalou, can you post a pointer to your S&R indicator? I searched here & on FF but couldn't find it...
Gary, you will find reading post 1 in most threads will save you a huge amount of time. This one is no different.

:D
Author:  garyfritz [ Wed Dec 14, 2011 7:48 pm ]
Post subject:  Re: Nanningbob 10.1 The EA is here

Ah, I see. I misunderstood. I thought that indi was specific to NB10.1, not sq's generic S&R indi. (And to be honest I missed the "by sq" at the end of the name!)

Thanks for the template, sq!
Author:  Dewey McG [ Thu Dec 15, 2011 3:53 am ]
Post subject:  Re: Nanningbob 10.1 The EA is here

Since the fix it has been trading pretty well. Already made back everything it lost originally and then some. It is still on demo of course, but it is starting to look pretty good.
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