Has anybody coded an EA or knows of an EA which makes trades based upon pin bars?

james16 Chart Thread

Mid East Names Buying The Dips Traders report the usual Asian and Middle East accounts buying EUR/USD on weakness with the ME somewhat more aggressive at the moment. EUR/USD has bounced to 1.2170 from 1.2151 lows. url

EURUSD

And again - url

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USeful to know - url

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Good stuff ForexLion, as always.

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It's because the actual figure wasn't too dissimilar to the forecast. Unless it is a huge difference to the forecast it's neither here nor there really. So it was left black for neutral.

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I think a break of this trend line will call for a test of 1.4930 again.

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I wasn't thinking in terms of stop losses. It doesn't bother me whether someone uses one or not, sometimes I use one, sometimes I don't. It's understanding the risk that is the important thing.

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Knowing you, someday you'll be buying the breweries; trust me mate!

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Risk management is key and pinnacle to trading success. Get some books on risk and indulge; you'll be a better person because of it. Understanding risk is so so important; I can't stress it enough.

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I've been in China and the USA for a while and I've just not been posting really. I've just been keeping to myself really (in trading things). The trading is going well with me, how are things with you matey?

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Price in asymmetrical triangle, which is usually a continuation pattern of trend in that time frame. But as others have said, fibonnaci could be played here; lots of different factors - We'll see how it plays. I think a test of 1.5050 will be likely ...

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Also note the L on the chart you posted is a support line for the short term up trend line.

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The SNB intervenes when the CHF becomes too strong against the Euro. They buy the Euro and sell the swiss franc. You don't want to be holding the swiss franc without brilliant money management. I used to trade the EUR/CHF some years ago a lot but ...

USD/CHF

I tend to buy in areas which I think are oversold and sell in areas which I perceive to be overbought, and hold the position for months if need be with large stops. It's interesting hearing you use 5 second candles.

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A completely unreasoned guestimation of mine would be this pair will be in the 0.70's within the next 3 months. This is just a feeling... =D

EUR/GBP - What a great pair to trade!

I had this problem. I think it was because I was trying to hedge using an EA, however IBFX doesn't allow hedging.

MT4 constantly crashes on IBFX

I don't consider penis to be a type of currency either... But everybody to their own I guess!

Firebird EA - fixed version -

Opinion is it could take up to 10 days to sort out this hung parliament and how it's going to work. Up until there is a decision investors will be hesitant to put their money into the GBP. Based on those reasonings, my opinion is a bearish sterling ...

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What reasons did you go short, can you list them for me.

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