stevehopwoodforex.com
https://www.stevehopwoodforex.com/phpBB3/
Print view

Supply Demand EA
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2060
Page 24 of 43
Author:  fx800 [ Tue Jun 04, 2013 7:08 am ]
Post subject:  Re: Supply Demand EA

DELETED
Author:  fx800 [ Tue Jun 04, 2013 7:09 am ]
Post subject:  Re: Supply Demand EA

Bought EJ , 10.4 rules.
Author:  fx800 [ Tue Jun 04, 2013 7:11 am ]
Post subject:  Re: Supply Demand EA

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

So, GBPAUD, GBPNZD,EURAUD, EURNZD resuimg UT.
Author:  fx800 [ Tue Jun 04, 2013 7:44 am ]
Post subject:  Re: Supply Demand EA

LITEFOREX INDEX YEN, AUSSIE AND KIWI DOWN, USD, GBP, EURO AND CHF UP.
Author:  fx800 [ Tue Jun 04, 2013 8:10 am ]
Post subject:  Re: Supply Demand EA

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.
Author:  fx800 [ Tue Jun 04, 2013 9:01 am ]
Post subject:  Re: Supply Demand EA

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.
Author:  fx800 [ Tue Jun 04, 2013 9:33 am ]
Post subject:  Re: Supply Demand EA

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

Price reversed on touching WR1.
Author:  fx800 [ Tue Jun 04, 2013 9:50 am ]
Post subject:  Re: Supply Demand EA

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.
Author:  fx800 [ Tue Jun 04, 2013 9:54 am ]
Post subject:  Re: Supply Demand EA

My scale in gold short at 1405.5 closed at 1400.1, $5.4 profit.
Author:  fx800 [ Tue Jun 04, 2013 10:13 am ]
Post subject:  Re: Supply Demand EA

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.
All times are UTC Page 24 of 43