hi Geoff,
only a question, just to better understand your ea and strategy
because if it was at 00 both lines are negative if before not...
sorry for confusion in my mind
- #3,282
- May 25, 2010 11:52am May 25, 2010 11:52am
If you click CTRL Y on your chart you will see where your brokers 0:00 time is which is helpfull when you are trying to establish a bar time.
The start time for the EA is 23:00 GMT which is 1:00 Alpari time and it looks at the slope of both SMA's between the two previous bars only i.e. on Alpari between the 23:00 and 0:00 bars (21:00 and 22:00 GMT)
The two SMA's must agree during this 2 hour period only!
you were very clear...watching the trend now it seems that even this night no trades... hoping that changes...
- #3,283
- May 25, 2010 12:02pm May 25, 2010 12:02pm
- Joined Apr 2009 | Status: Trader | 2,035 Posts
thanks Geoff, I understand now
watching the trend now it seems that even this night no trades... hoping that changes...
- #3,284
- May 25, 2010 12:03pm May 25, 2010 12:03pm
- Joined Apr 2009 | Status: Trader | 2,035 Posts
Wow I admire your modesty!
You've done an amazing job!!!
- #3,285
- May 25, 2010 12:08pm May 25, 2010 12:08pm
- Joined Apr 2009 | Status: Trader | 2,035 Posts
See if Admin approve of this message..
PipsBay.com
Calstock May 25, 2010 • 4:05 pm
Your comment is awaiting moderation.
This is a great EA……why buy it when you can get the EA and support/ upgrades for free on Forex Forum…..
Yes you got it this EA is stolen…
When do you think GU will break out of this range and which way?
No pressure!
- #3,286
- Edited 12:40pm May 25, 2010 12:16pm | Edited 12:40pm
As of right now the DOW is down again tonight......9895 so its below the magic 10000.....
Some 170%.......contiune worries about you lot in Europe not being able to pay your bills
Looking at the GU 1 hour...we are still in a down trend however we are getting closer to the 197 ma.. for the last few days we have seen the 10 ma approach the 197 and turn back down...
It looks to take around 5 to 7 hours for the lower MA to change direction....Iam in no doubt we will see a fall over the next few hours, It may not be large enough to turn the MA far enough to a line with the 197 ma......
So if we do not get a big fall.....I expect to see the EA's hold on any trade during Tokyo open....
Geoff....
The range is 1.4527-1.4226.......( daily).....overall trend is still down
My view .....I would be looking to the short side.....and a break of 1.4226
would give me a target of 1.4040.....area..
When?????? that the million dollar question and to give you a reasonabe answer I would need to go and study some charts...given a few hours I maybe able to give you a ball park answer.
Of course a cross of the two MA's and we have to review that..
Some 170%.......contiune worries about you lot in Europe not being able to pay your bills
Looking at the GU 1 hour...we are still in a down trend however we are getting closer to the 197 ma.. for the last few days we have seen the 10 ma approach the 197 and turn back down...
It looks to take around 5 to 7 hours for the lower MA to change direction....Iam in no doubt we will see a fall over the next few hours, It may not be large enough to turn the MA far enough to a line with the 197 ma......
So if we do not get a big fall.....I expect to see the EA's hold on any trade during Tokyo open....
Geoff....
The range is 1.4527-1.4226.......( daily).....overall trend is still down
My view .....I would be looking to the short side.....and a break of 1.4226
would give me a target of 1.4040.....area..
When?????? that the million dollar question and to give you a reasonabe answer I would need to go and study some charts...given a few hours I maybe able to give you a ball park answer.
Of course a cross of the two MA's and we have to review that..
- #3,287
- May 25, 2010 12:47pm May 25, 2010 12:47pm
The DOW is now down 201 ...
The big worry as I see it is after the US had all the big bailouts a year or so back...if this ongoing financial trouble contiunes in Europe and as it has now spread to the European banks it is possible for it to spread to the American banks ...
Now the question is if it does, where is the money going to come from next time....
Just my thoughts..
The big worry as I see it is after the US had all the big bailouts a year or so back...if this ongoing financial trouble contiunes in Europe and as it has now spread to the European banks it is possible for it to spread to the American banks ...
Now the question is if it does, where is the money going to come from next time....
Just my thoughts..
- #3,288
- May 25, 2010 1:01pm May 25, 2010 1:01pm
- Joined Apr 2009 | Status: Trader | 2,035 Posts
The DOW is now down 201 ...
The big worry as I see it is after the US had all the big bailouts a year or so back...if this ongoing financial trouble contiunes in Europe and as it has now spread to the European banks it is possible for it to spread to the American banks ...
Now the question is if it does, where is the money going to come from next time....
Just my thoughts..
- #3,289
- May 25, 2010 1:05pm May 25, 2010 1:05pm
Many thanks, gloomy prospects all round!
Sorry.....Ask a economist a question like that............While the euro falls its will drag the GBP down.....
I have for a while held the view that we were looking at a double dip recession..
Gloomy.....maybe or lots of possibilities....
- #3,290
- May 25, 2010 1:22pm May 25, 2010 1:22pm
- Joined Apr 2009 | Status: Trader | 2,035 Posts
Sorry.....Ask a economist a question like that............While the euro falls its will drag the GBP down.....
I have for a while held the view that we were looking at a double dip recession..
Gloomy.....maybe or lots of possibilities....
- #3,291
- May 25, 2010 1:44pm May 25, 2010 1:44pm
Sorry.....Ask a economist a question like that............While the euro falls its will drag the GBP down.....
I have for a while held the view that we were looking at a double dip recession..
Gloomy.....maybe or lots of possibilities....
- #3,292
- May 25, 2010 1:53pm May 25, 2010 1:53pm
Glenn, I think you're right. It's not over yet. The US still one more year of ARM's coming due in the fall......
I have also seen Fed projections for the next ten years....they are forcasting a increasing debt of 1 trillion a year....add the existing debt...Possible total of some 12-13 trillion.
The only way governments can recover is by cutting services and increasing taxes..
Fits very nicely into the Global plan put forward by the UN some years ago....Hummm ( now thats another story)..
- #3,293
- May 25, 2010 1:54pm May 25, 2010 1:54pm
- | Commercial User | Joined Jul 2009 | 5,375 Posts
Viewer Discretion Advised: Shall we shag now or should we shag later? :-)
- #3,295
- May 25, 2010 3:18pm May 25, 2010 3:18pm
- Joined Mar 2009 | Status: Just visiting | 12,891 Posts
- #3,296
- May 25, 2010 3:18pm May 25, 2010 3:18pm
- Joined Oct 2008 | Status: Sailing for pips | 2,099 Posts
The DOW is now down 201 ...
The big worry as I see it is after the US had all the big bailouts a year or so back...if this ongoing financial trouble continues in Europe and as it has now spread to the European banks it is possible for it to spread to the American banks ...
Now the question is if it does, where is the money going to come from next time....
Just my thoughts..
When you make almost as much as you did working something is just wrong Great if you can get it but this is the end result
They just sucked to hard on the Govt tit and now it is dried up... Who's fault .... it doesn't matter the fact is the working stiff can only get so much taken out of his pay and make it before it all collapses
- #3,299
- May 25, 2010 3:46pm May 25, 2010 3:46pm
- Joined Apr 2009 | Status: Trader | 2,035 Posts
i think it's a first time now when Ema 198 starts to heading up
- #3,300
- May 25, 2010 3:52pm May 25, 2010 3:52pm
I may be wrong and often am but I think this move up is just a retracement before GU takes another dive.
Yes Iam watching to see a bounce of the 197 ma.....the daily is showing a cross back down.....
The trouble at the moment is theres so much uncertainty in the markets....add the posible intervention from Eurozone...
Of course if she does cross on the 1 hour it maybe many days before we get a compete cross ( change of trend) on the higher time frames which we will need confirm a change in direction.
Added a chart just to show how I see the present position..
