Market Condition Evaluation based on standard indicators in Metatrader 5 - page 41

 

Some forex news events for tomorrow (high impacted ones) - all time is on GMT +0 :

  • 00:50 - BoJ Monetary Policy Meeting Minutes (JPY)
  • 02:30 - Customer Price Index (CPI) (CNY)
  • 09:30 - Manufacturing Production (MoM) and Total Trade Balance (GBP)
  • 13:30 - Building Permits (CAD)

Do you want to know the differences between GMT time and your broker's time on the chart? Use this indicator from CodeBase: Clock

So, be careful while trading tomorrow.

 
newdigital:

well ... this is the situation for EURUSD D1:

  • breakout may be started on open bar
  • Tenkan-sen and Kijun-sen lines (blue/red lines) did not cross with each other
  • primary trend is bearish anyway and this future possible breakout may be just secondary market rally 

 


This is update for EURUSD D1 for today:

MetaTrader Trading Platform Screenshots

EURUSD, D1, 2013.04.09

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd d1

EURUSD, D1, 2013.04.09, MetaQuotes Software Corp., MetaTrader 5, Demo


I've already opened buy (we can see it on screenshot). But EURUSD D1 is on bearish as a primary trend and it may be just a secondary rally only. Anyway - will see. 

 
newdigital:

This is the situation for USDCHF D1:

  • primary trend is bullish
  • Chinkou Span line crossed the price for breakdown but on open bar only; seems - USDCHF will lead the possible situation with EURUSD/USDCHF
  • Kijun-sen and Tenkan-sen lines crossed with each other for breakdown but on open bar only
  • If breakdown so it may be just secondary correction 


This is updated situation for USDCHF D1:

MetaTrader Trading Platform Screenshots

USDCHF, D1, 2013.04.09

MetaQuotes Software Corp., MetaTrader 5, Demo

usdchf d1 update

USDCHF, D1, 2013.04.09, MetaQuotes Software Corp., MetaTrader 5, Demo


I opened sell for USDCHF too and take profit value may be around 0.9312 

 

Breakout is going on for EURUSD D1 - I am in profit with 30 pips for now:

MetaTrader Trading Platform Screenshots

EURUSD, D1, 2013.04.09

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd d1 breakout

EURUSD, D1, 2013.04.09, MetaQuotes Software Corp., MetaTrader 5, Demo


 

well ... this is the trades for today

MetaTrader Trading Platform Screenshots

EURUSD, D1, 2013.04.09

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd d1 66 pips

EURUSD, D1, 2013.04.09, MetaQuotes Software Corp., MetaTrader 5, Demo


MetaTrader Trading Platform Screenshots

EURUSD, D1, 2013.04.09

MetaQuotes Software Corp., MetaTrader 5, Demo

EURUSD, D1, 2013.04.09, MetaQuotes Software Corp., MetaTrader 5, Demo


 

This is breakout for AUDUSD H4 is going on right now:

MetaTrader Trading Platform Screenshots

AUDUSD, H4, 2013.04.10

MetaQuotes Software Corp., MetaTrader 5, Demo

audusd h4 breakout

AUDUSD, H4, 2013.04.10, MetaQuotes Software Corp., MetaTrader 5, Demo


If someone want to open bay so sl 1.0474;  first tp level 1.0517 

 
newdigital:

This is breakout for AUDUSD H4 is going on right now:


If someone want to open bay so sl 1.0474;  first tp level 1.0517 

It was closed with 50 dollars in profit.
 

Some interesting situation is going on for gold / dollar (XAUUSD) H4 timeframe: possible breakdown

MetaTrader Trading Platform Screenshots

XAUUSD, H4, 2013.04.11

MetaQuotes Software Corp., MetaTrader 5, Demo

gold breakdown

XAUUSD, H4, 2013.04.11, MetaQuotes Software Corp., MetaTrader 5, Demo


If the price will break 1553 support level so we may have good breakdown. This is especially interesting because primary trend is bearish for this pair so we may have good downtrend on the near future today. 

 
newdigital:

Some interesting situation is going on for gold / dollar (XAUUSD) H4 timeframe: possible breakdown


If the price will break 1553 support level so we may have good breakdown. This is especially interesting because primary trend is bearish for this pair so we may have good downtrend on the near future today. 

This support level for possible breadown is 1556 for M30 timeframe:

MetaTrader Trading Platform Screenshots

XAUUSD, M30, 2013.04.11

MetaQuotes Software Corp., MetaTrader 5, Demo

breakdown 1556

XAUUSD, M30, 2013.04.11, MetaQuotes Software Corp., MetaTrader 5, Demo


and 1555 for M1 timeframe:

MetaTrader Trading Platform Screenshots

XAUUSD, M1, 2013.04.11

MetaQuotes Software Corp., MetaTrader 5, Demo

gold m1

XAUUSD, M1, 2013.04.11, MetaQuotes Software Corp., MetaTrader 5, Demo


So, it may be interesting to watch this pair for possible sell trade. 

 
newdigital:

This support level for possible breadown is 1556 for M30 timeframe:


and 1555 for M1 timeframe:


So, it may be interesting to watch this pair for possible sell trade. 

The situation wi

MetaTrader Trading Platform Screenshots

XAUUSD, M1, 2013.04.12

MetaQuotes Software Corp., MetaTrader 5, Demo

xauusd m1

XAUUSD, M1, 2013.04.12, MetaQuotes Software Corp., MetaTrader 5, Demo


th XAUUSD did not changed so much: the level for possible breakdown is 1561: