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Supply Demand EA
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2060		 Page 35 of 43
Author:  fx800 [ Mon Jun 24, 2013 10:09 am ]
Post subject:  Re: Supply Demand EA
fx8000 wrote:On Monday, I will be concentrating on GBPJPY and EURJPY. The Aussie and Kiwi dollar are trading well below WS1, below my comfort zone for shorts, and GU and EU are hanging around the 240ma, which can be tricky to trade even though I think the bias is down.

The yen pairs are ranging at the moment, so waiting for retracement up to resistance and three or more indicators bunching up at the top, for a sell.

I know some of you like to trade the H1 time frame, so I am going to try it next week and see. Pending order will be resistance_lo, sl = res_hi or one pivot above plus 5 pips, tp = next pivot.

Not using H1 CSS for entry now, but may exit if the H1CSS changes colour.

Only using WP and WMP on the chart, but may overlay with fib levels for scaling in. I have observed that when price breaks a fib level, it tends to travel to the next fib level.

Three shorts for GJ this am, +130 pips. One short still open. 10.5 rules.

AUDCHF short, +28 pips.

If you are patient, there will be always be opportunities.
Author:  fx800 [ Mon Jun 24, 2013 10:17 am ]
Post subject:  Re: Supply Demand EA
When the Ben and Beijing party comes to an end...................

http://www.forexfactory.com/news.php?do=news&id=434079

Big sell-off in Asian markets this morning, and Nikkei finally broke below 13,000 again. Along with it xxxjpy pairs.
Author:  fx800 [ Mon Jun 24, 2013 10:20 am ]
Post subject:  Re: Supply Demand EA
There was a nice AUDJPY short at 1 am by 10.4/SR rules, if you are awake at the time. I was fast asleep, so missed the trade. Fall of over 100 pips.

IF YOU ARE TRADING XXXJPY, WATCH THE NIKKEI.

Nice short in GOLD too, 10.4/SR rules. Note all the indis bunched together at the top.
Author:  fx800 [ Mon Jun 24, 2013 11:31 am ]
Post subject:  Re: Supply Demand EA
US 10 YR TREASURIES SOARING ABOVE 2.6%.

http://www.forexfactory.com/news.php?do=news&id=434093
Author:  fx800 [ Mon Jun 24, 2013 11:47 am ]
Post subject:  Re: Supply Demand EA
XXXJPY RALLY FOLLOWING BOJ SPEAK.

http://www.forexfactory.com/news.php?do=news&id=434095

WAITING FOR SETUP TO SELL FROM RESISTANCE.
Author:  fx800 [ Mon Jun 24, 2013 1:50 pm ]
Post subject:  Re: Supply Demand EA
AUDCHF SHORT SETUP 10.4/SR RULES.
Author:  fx800 [ Tue Jun 25, 2013 7:05 am ]
Post subject:  Re: Supply Demand EA
fx8000 wrote:AUDCHF SHORT SETUP 10.4/SR RULES.

CLOSED FOR + 30 PIPS.
Author:  fx800 [ Tue Jun 25, 2013 7:08 am ]
Post subject:  Re: Supply Demand EA
TWO OTHER 10.4/FIB TRADES FROM YESTERDAY.

AUDUSD AND NZDUSD SHORTS, USING CROSS OF FIB LINES FOR ENTRY.
Author:  fx800 [ Tue Jun 25, 2013 7:16 am ]
Post subject:  Re: Supply Demand EA
TWO 10.5 TRADES IN THE NIGHT, NOT TAKEN (ASLEEP), USING 10.5/FIB RULES (STOCH OB), PRICE CROSSING FIB LINES.

SO FAR, USING FIB LINES/WEEKLY PIVOTS FOR ENTRY SEEMS TO BE WORKING QUITE WELL.

MY RATIONALE FOR USING FIB LINES IS THAT WHEN PRICE CROSSES ONE FIB LINE, IT TENDS TO TRAVEL TO THE NEXT.
Author:  fx800 [ Tue Jun 25, 2013 7:31 am ]
Post subject:  Re: Supply Demand EA
ONE 10.4 GOLD TRADE IN THE NIGHT.
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