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Supply Demand EA
https://www.stevehopwoodforex.com/phpBB3/viewtopic.php?t=2060		 Page 37 of 43
Author:  fx800 [ Tue Jul 02, 2013 2:47 pm ]
Post subject:  Re: Supply Demand EA
Yen weakness today gave rise to many xxxjpy trades by 10.5 rules , and USDJPY has broken above the psychological 100 level.

I have my wp and wmp on my chart as well, and would enter on the nearest pivot, when stochs are OB/OS.

There are so many trend setups nowadays that I a sticking to trading with trend, less risky, more win : loss ratio, and more pips per trade. So, no point taking any extra risks.
Author:  fx800 [ Tue Jul 02, 2013 3:05 pm ]
Post subject:  Re: Supply Demand EA
fx8000 wrote:Bob's latest modification to his 10.4 system uses H4 an H1 stoch and rsi all lined up overbought for a sell and oversold for a buy, entry on cross of daily pivots.

I have modified Mr Long's 10.4 trader to trade in a similar manner. Will try it on demo this coming week.

You can set UseRSI to false to use only H4 and H1 stoch filter.

As usual, all the indicators from Multi 10.4 trader thread are required.

http://www.stevehopwoodforex.com/phpBB3 ... start=5940

No trades at all yesterday, so I set the UseRSI to false, and use only H4 and H1 stoch filter.

Account balance up 2.3%.
Author:  fx800 [ Tue Jul 02, 2013 6:22 pm ]
Post subject:  Re: Supply Demand EA
fx8000 wrote:Price has reversed from the R ZONE three times before. The DOW is trading below 240ma, so sell only.

If price retraces to the R ZONE again, I will be putting a pending sell order by 10.5/SR rules.
Pity the Dow did not retrace up to R ZONE. It stalled at the trendline.

There was a 10.5 trade which I did not take, over 100 points drop.

The mood is very bearish at the moment. Any more retracements up to a R zone, I will be going short again until the dow goes back up above 240ma.
Author:  fx800 [ Tue Jul 02, 2013 7:36 pm ]
Post subject:  Re: Supply Demand EA
I posted this mod version of 10.4 trader sometime back trading H4 and H1 stochs and rsi on weekly pivots. One would have thought that with so many filters, there would not be too many trades. Not so.

This is the second week this mod ea is running. I will make sure it is not trading during high impact news like NFP, FOMC MEETING,INTEREST RATE DECISIONS OF CENTRAL BANKS.

So far, account balance up 10% in one and half weeks.
Author:  fx800 [ Wed Jul 03, 2013 6:23 am ]
Post subject:  Re: Supply Demand EA
CSS INFO THIS AM.

USD AND EURO STRONG.

YEN AND AUSSIE WEAK.
Author:  fx800 [ Wed Jul 03, 2013 6:24 am ]
Post subject:  Re: Supply Demand EA
fx8000 wrote:I posted this mod version of 10.4 trader sometime back trading H4 and H1 stochs and rsi on weekly pivots. One would have thought that with so many filters, there would not be too many trades. Not so.

This is the second week this mod ea is running. I will make sure it is not trading during high impact news like NFP, FOMC MEETING,INTEREST RATE DECISIONS OF CENTRAL BANKS.

So far, account balance up 10% in one and half weeks.
Overnight, the account balance is now up 14% and no DD.
Author:  fx800 [ Wed Jul 03, 2013 7:17 am ]
Post subject:  Re: Supply Demand EA
SELLING EU THIS AM, BELOW THE MOST RECENT LOW (BELOW 1.2960)

TP 1.2820 AREA.

USD STRENGTH GAINING MOMETUM, ALL XXXUSD PAIRS DOWN.
Author:  fx800 [ Wed Jul 03, 2013 7:52 am ]
Post subject:  Re: Supply Demand EA
DOW BROKEN BELOW WP, SHORT TAKEN. 10.4 RULE.
Author:  fx800 [ Wed Jul 03, 2013 8:26 am ]
Post subject:  Re: Supply Demand EA
BOND YIELDS OF PERIPHERY IN EUROPE RISING, POLITICAL RISKS IN PORTUGAL RISING, BAD FOR THE EURO.
Author:  fx800 [ Wed Jul 03, 2013 8:50 am ]
Post subject:  Re: Supply Demand EA
EURO BROKEN SUPPORT AROUND 1.2960 - 1.2980 AREA.

NEXT KEY SUPPORT AROUND 1.2820 AREA.
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