Market Condition Evaluation based on standard indicators in Metatrader 5 - page 60

 

I placed buy stop and sell stop orders for USDCAD to trade news events which is coming right now :

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USDCAD, M5, 2013.07.30

MetaQuotes Software Corp., MetaTrader 5, Demo

buy stop sell stop

USDCAD, M5, 2013.07.30, MetaQuotes Software Corp., MetaTrader 5, Demo


 

Those news events are the following (for CAD):

we will see actual data at 12:30 GMT (or 14:30 MQ MT5 timer) seems - right now

 

Actual data was announced right now (the press releases will be issued later as usually) ... actual is more good than forecasting data (good for CAD) so I am expecting downtrend for now:

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USDCAD, M5, 2013.07.30

MetaQuotes Software Corp., MetaTrader 5, Demo

price

USDCAD, M5, 2013.07.30, MetaQuotes Software Corp., MetaTrader 5, Demo


 

But as those 2 news events are low impacted news so I am not expecting good movement of the price sorry :

MetaTrader Trading Platform Screenshots

USDCAD, M5, 2013.07.30

MetaQuotes Software Corp., MetaTrader 5, Demo

low impacted news event

USDCAD, M5, 2013.07.30, MetaQuotes Software Corp., MetaTrader 5, Demo


It was practical example about how to trade news event.

 

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NZDUSD, M5, 2013.07.31

MetaQuotes Software Corp., MetaTrader 5, Demo

NZDUSD news event : 12 pips up and 12 pips down

NZDUSD, M5, 2013.07.31, MetaQuotes Software Corp., MetaTrader 5, Demo


Forum

Press review

newdigital, 2013.07.31 10:32

2013-07-31 01:00 GMT (or 03:00 MQ MT5 time) | [NZD - ANZ Business Confidence]

If actual > forecast = good for currency (for NZD in our case)

==========

New Zealand Business Confidence Jumps To 14-Year High

Confidence among New Zealand businesses climbed to its highest level in fourteen years in July, the latest business outlook survey by ANZ showed Wednesday.

A net 53 percent of survey respondents expect better times ahead, up by 3 points from June. This was the highest level of headline confidence since April 1999.

Firms' assessment of their own business situation remained high, with the corresponding indicator easing just one point from last month's three-year high to a net 44 percent in July.

Companies' profit expectations increased to a 14-year high of 29 percent. Investment intentions weakened from June's 10-year high, but remained at a healthy level of 20, which was the second highest in eight years.

Employment indicator was down one point to 16, but was at its second highest level in three years. Export intentions continued to recover, the survey found.

Confidence among construction firms was at four-year high, despite a slight easing from June. Sentiment improved in manufacturing, which was the least optimistic sector in July.


 

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GBPUSD, M5, 2013.08.01

MetaQuotes Software Corp., MetaTrader 5, Demo

gbpusd 77 pips

GBPUSD, M5, 2013.08.01, MetaQuotes Software Corp., MetaTrader 5, Demo


Forum

Press review

newdigital, 2013.08.01 13:23

2013-08-01 11:00 GMT (or 13:00 MQ MT5 time) | [GBP - BoE Interest Rate Decision]

If actual > forecast = good for currency (for GBP in our case)

==========

BoE Keeps QE Unchanged, Rate At 0.50%

The Bank of England retained its quantitative easing at GBP 375 billion and its record low interest rate on Thursday.

The Monetary Policy Committee headed by Governor Mark Carney decided to retain the asset purchase programme at GBP 375 billion. The previous change in asset purchases was in July 2012, when it was raised by GBP 50 billion.

The panel also decided to keep the key interest rate unchanged at 0.50 percent. The current rate is the lowest since the central bank was established in 1694.

The minutes of the meeting, to be published on August 14, will reveal today's voting pattern.

As previously announced, the MPC will also respond to the Chancellor's request for its assessment of the use of thresholds and forward guidance at that time.


 

Trying to select the best pair for tomorrow for technical analysis for the next week ... and it is difficult to do after nfp ... I think - most interesting intrigue pair is USDJPY :

  • if the price will be reversed to bearish so it will be good downtrend (breakdown) with ranging market condition finally
  • if the price will continue with bullish so we may see good uptrend in this case


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USDJPY, D1, 2013.08.03

MetaQuotes Software Corp., MetaTrader 5, Demo

usdjpy D1

USDJPY, D1, 2013.08.03, MetaQuotes Software Corp., MetaTrader 5, Demo


 

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AUDUSD, M5, 2013.08.05

MetaQuotes Software Corp., MetaTrader 5, Demo

AUDUSD, 30 pips price movement on Retail Sales news event

AUDUSD, M5, 2013.08.05, MetaQuotes Software Corp., MetaTrader 5, Demo



Forum

Press review

newdigital, 2013.08.05 07:27

2013-08-05 01:30 GMT (or 03:30 MQ MT5 time) | [AUD - Retail Sales]

If actual > forecast = good for currency (for AUD in our case)

==========

Australia Retail Sales Flat In June

The total value of retail sales in Australia was unchanged in June compared to the previous month, the Australian Bureau of Statistics said on Monday, coming in at A$21.818 billion.

That was shy of expectations for a seasonally adjusted increase of 0.4 percent on month following the upwardly revised 0.2 percent increase in May (originally 0.1 percent).

By category, gains for sales in food services (0.9 percent), household goods (0.3 percent) and food (0.1 percent) were offset by losses in other retailing (-1.1 percent) and clothing, footwear and personal accessory (-0.2 percent). Department store sales were flat.

Over the longer term, food retailing remains the strongest contributor to growth (up 0.2 percent in trend terms), the bureau said.

By region, gains in turnover in Victoria (0.1 percent), the Australian Capital Territory (1.3 percent), South Australia (0.3 percent) and Queensland (0.1 percent) were offset by falls in Western Australia (-0.4 percent), the Northern Territory (-0.4 percent) and Tasmania (-0.1 percent). New South Wales (0.0 percent) was relatively unchanged.

Over the longer term, New South Wales remains the strongest contributor to growth (up 0.2 percent in trend terms), the bureau said.

Through the year, Australian retail turnover rose 1.1 percent in June 2013, seasonally adjusted, compared to June 2012.

For the second quarter of 2013, retail sales ex inflation also were flat on quarter - beating forecasts for a 0.1 percent decline after climbing a downwardly revised 2.0 percent in the previous three months (originally 2.2 percent).

Also on Monday: • The inflation forecast for July from TD Securities suggested an increase of 0.5 percent on month and 2.7 percent on year. That followed the flat monthly reading and the 2.4 percent gain in June.

• The Performance of Services Index from AiG came in with a score of 39.4 for June, sinking further into contraction after showing 41.5 in the previous month.

• Upon the release of the data, the Australian dollar declined against other major currencies, trading near 0.8861 against the greenback, 87.78 against the yen, 1.4968 against the euro and 1.1433 against the kiwi.


 

It was Interest Rate for now for AUD so I took 120 dollars on this news event.

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AUDUSD, M5, 2013.08.06

MetaQuotes Software Corp., MetaTrader 5, Demo

audusd

AUDUSD, M5, 2013.08.06, MetaQuotes Software Corp., MetaTrader 5, Demo


MetaTrader Trading Platform Screenshots

AUDUSD, M5, 2013.08.06

MetaQuotes Software Corp., MetaTrader 5, Demo

temp_file_screenshot_21477.png

AUDUSD, M5, 2013.08.06, MetaQuotes Software Corp., MetaTrader 5, Demo


Forum

Press review

newdigital, 2013.08.06 06:47

2013-08-06 03:30 GMT (or 03:30 MQ MT5 time) | [AUD - Cash Rate]

If actual > forecast = good for currency (for AUD in our case)

==========




 

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USDCAD, M5, 2013.08.07

MetaQuotes Software Corp., MetaTrader 5, Demo

30 pips

USDCAD, M5, 2013.08.07, MetaQuotes Software Corp., MetaTrader 5, Demo


Forum

Press review

newdigital, 2013.08.07 17:05

2013-08-07 14:00 GMT (or 16:00 MQ MT5 time) | [CAD - Ivey Purchasing Managers Index]

If actual > forecast = good for currency (for CAD in our case)

==========

Canada: Ivey PMI falls into contraction in July

Canada's Ivey Purchasing Managers' Index dropped to 45.7 in July from 56.6 in June, according to data released by the Richard Ivey School of Business.

Ivey Purchasing Managers' Index s.a. also contracted, declining to 48.4 from 55.3, against forecasts of a rise to 57.