This pair is on primary bullish for D1 timeframe during the long time. Price was stopped by 0.9271 resistance level on D1 timeframe and 0.9294 resistance on H4 timeframe.
The correction within primary bullish was already started on H4 timeframe on Friday and price is ranging between 0.9294 resistance and 0.9225 support levels.
W1 timeframe. Chinkou Span line of Ichimoku indicator is coming very close to historical price from below to above for future possible breakout (rally within primary W1 bearish). If W1 price will cross 0.9451 resistance (Sinkou Span A line of Ichimoku indicator which is the border of the cloud/kumo) so we may see the reversal of the price movement from bearish to primary bullish on W1 timeframe.
If not so the ranging market condition together with correction within primary bullish may be started on D1.
UPCOMING EVENTS (high/medium impacted news events which may be affected on AUDUSD price movement for this coming week)
2014-03-31 00:00 GMT (or 02:00 MQ MT5 time) | [AUD - New Home Sales]
2014-03-31 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Private Sector Credit]
2014-03-31 13:45 GMT (or 15:45 MQ MT5 time) | [USD - Chicago PMI]2014-03-31 13:55 GMT (or 15:55 MQ MT5 time) | [USD - Fed Chair Yellen Speech]
2014-04-01 01:00 GMT (or 03:00 MQ MT5 time) | [CNY - Manufacturing PMI]
2014-04-01 01:45 GMT (or 03:45 MQ MT5 time) | [CNY - HSBC Final Manufacturing PMI]
2014-04-01 03:30 GMT (or 05:30 MQ MT5 time) | [AUD - Cash Rate]
2014-04-02 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Building Approvals]
2014-04-02 12:15 GMT (or 14:15 MQ MT5 time) | [USD - ADP Non-Farm Employment Change]
2014-04-03 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Trade Balance]
2014-04-03 00:30 GMT (or 02:30 MQ MT5 time) | [AUD - Retail Sales]
2014-04-03 01:00 GMT (or 03:00 MQ MT5 time) | [CNY - Non-Manufacturing PMI]
2014-04-03 02:00 GMT (or 04:00 MQ MT5 time) | [AUD - RBA Gov Stevens Speech]
2014-04-03 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Trade Balance]
2014-04-03 14:00 GMT (or 16:00 MQ MT5 time) | [USD - ISM Non-Manufacturing PMI]
2014-04-04 12:30 GMT (or 14:30 MQ MT5 time) | [USD - Non-Farm Employment Change]
Please note : some US (and CNY) high/medium impacted news events (incl speeches) are also affected on AUDUSD price movement
SUMMARY : bullish
TREND : bullish
Market Profile defines a number of day types that can help the trader to determine market behaviour. A key feature is the Value Area, representing the range of price action where 70% of trading took place. Understanding the Value Area can give traders valuable insight into market direction and establish the higher odds trade. It is an excellent addition to any system you may be using.
Blahtech Limited presents their Market Profile indicator for the MetaTrader community. Inspired by Jim Dalton’s
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Source - new and improved multi-terminal positions copier for your real / demo account, works faster, requires less, flexible in managing and upgrading, new information support. This expert is designed for terminal MetaTrader5 from which the position will be copied.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention Buttons for re
Trade Copier Pro is a powerful tool to copy trade remotely between multiple accounts at different locations over internet. This is an ideal solution for signal provider, who want to share his trade with the others globally on his own rules. One provider can copy trades to multiple receivers and one receiver can get trade from multiple providers as well. The provider can even set the subscription expiry for each receiver, so that receiver will not be able to receive the signal after that
The most profitable trend traders are the ones who know how to recognize not only the market trend, but also the trading opportunities that arise once a trend has been established. The Pz Trend Trading indicator has been designed to profit has much as possible from trends taking place in the maket.
Established trends offer dozens of trading opportunities, but most trend trading indicators neglect them completely, and leave the trader completely uninformed about what the market is doing during a
Auto Trade Driver is an automatic powerful tool (run as Expert Advisor) that helps you to manage risk and control orders and maximize your profit in multi-protect/trailing-stop rules.
This tool is very useful for both scalpers and trend followers. It not only calculates the trade risk exactly, but also protects and maximizes your profits in real-time.
With this tool, the only thing you have to do is to enter trade by your own strategy, then it will auto-drive your position with exit strategy y
MACD All MAs-14 is a MACD indicator that allows choosing usual parameters of the standard MACD (constructed from EMA) as well as the type of the moving average to be applied: up to 14 different types.
You can select 9 standard MAs available in MetaTrader 5 - SMA, EMA, SMMA, LWMA, DEMA, TEMA, Frama, VIDYA, AMA, TRIX, and 4 non-standard - LRMA, HMA, JMA, AFIRMA.
Method MA - select the type of moving average to be displayed in the current graph. Period slow MA - the number
Auto Trade Copier is designed to copy trades between multi MetaTrader 5 accounts/terminals with 100% accuracy.
With this tool, you can act as either a provider (source) or a receiver (destination). All trading actions will be copied from the provider to the receiver with no delay.
Note: Demo version for testing can be downloaded at: https://www.mql5.com/en/market/product/5006.
Followings are highlight features:
Switch between Provider or Receiver role within one tool.One provider can copy tr
Virtual TrailingStop is an Expert Advisor that manages trailing stop without sending its information to the broker server.
EnableVirtualTrailingStop: enable or disable whole function VirtualTrailingStop: the pip use for determine how far the Virtual Trailing Stop will placed calculated from current price StartFromBreakEven: true/false. If true, Virtual Trailing Stop will placed after breakeven BreakEvenPoint: point profit from order open price where the Virtual T
Ichimoku Kinko Hyo is a purpose-built trend trading charting system that has been successfully used in nearly every tradable market. It is unique in many ways, but its primary strength is its use of multiple data points to give the trader a deeper, more comprehensive view into price action. This deeper view, and the fact that Ichimoku is a very visual system, enables the trader to quickly discern and filter "at a glance" the low-probability trading setups from those of higher proba
The Expert Advisor implements the classic "triangular arbitrage", which is successfully used by hedge funds.
"Triangular" arbitrage refers to a class of neutral-market strategies, in which the profit or loss of open positions does not depend on the direction of the market movement as a whole.
In order to take profit, the EA exploits a weak spot of market makers - it utilizes the difficulty of balancing cross rates of all currency pairs.
The advantages of the strategy are the following:
The fractal analysis of the markets is used in the indicator operation algorithm. According to the fractals theory, after the breakthrough of the fractal level confirmed by the closing price located below or above the fractal, the trend wave in the direction of the breakthrough starts to develop. Until the fractal has been passed in the opposite direction, the trend is considered to be acting even if the price is flat or moves backwards. If a bullish fractal has been previously broken through on
The script allows users to easily close positions if their profit/loss reaches or exceeds a value specified in pips.
Please set slippage value first. Sometimes some positions do not close due to high volatility of the market. Please set larger slippage or restart the script.
The Trade Manager Pro EA is a MetaTrader Expert Advisor that performs position management for you avoiding human errors and enhancing your trading activity.
Amazingly easy to use Trade easily from the chart Trade with precise risk management, hassle free Capital preservation is top priority Let profits run without your attention Enjoy risk-free trades as soon as possible Automatic trailing stops for all opened trades Initial stop losses are placed as soon as trades are
MetaCOT 2 is a set of indicators and specialized utilities for the analysis of the U.S. Commodity Futures Trading Commission reports. Thanks to the reports issued by the Commission, it is possible to analyze the size and direction of the positions of the major market participants, which brings the long-term price prediction accuracy to a new higher-quality level, inaccessible to most traders.
These indicators, related to the fundamental analysis, can also be used as an effective long-term filte
Exp COPYLOT CLIENT for MT5 is a copier for the МetaТrader 5 platform. It copies forex trades from any accounts. Including those from terminals МТ5 and МТ4.
Install the Expert Advisor in the terminal where you want to copy trades. Specify any text label name as pathRead, for example, "COPY". This should match the master terminal (to bind the two terminals). To copy trades, you need to install the free Master copier in the terminal from where you want to copy the trades: COPYLOT
Does not support hedging orders on a single symbol on MT5
MultiMTCopier MT5Receiver - new and improved multi-terminal positions copier for your real/demo account, works faster, requires less, flexible in managing and upgrading, new information support. This Expert Advisor is designed for the MetaTrader 5 terminal, trades will be copied into this terminal.
The EA will copy all positions without delays Additionally integrated notification in situations requiring user attention
qAutoActivation indicator is one of the main components of Trading Chaos Expert trading expert panel. The indicator displays the current trend on the current timeframe. This is the first indicator that is attached to the chart and saved in the trading complex template. It defines what trading signals from the expert panel should be automated for market entry (bullish or bearish ones).
When the trend changes, the indicator changes the line color and, at the same time, highlights the trading pane
The indicator displays economic news on the currency chart (the appropriate data must be downloaded from the Internet - please see the download instructions on the screenshots provided). The list of currencies (countries) is customizable. By default it shows all currencies. The main parameters come with a built-in description. In addition, there are parameters for advanced users. News items are divided into 3 categories by degree of importance. There is a great flexibility in display parameter s
Averager is intended for averaging your deals that has had a drawdown or had gone against the trend.
An example of operation of the averager in an Exeprt Advisor in the MetaTrader 5 terminal: Exp - TickSniper. The system is identical to the averaging system created for MetaTrader 4. A demo version of the averager for MetaTrader 5: Averager DEMO.Note: this is not an automated trading system (the EA doesn't work in the strategy tester). It monitors your deals and averages them in case o
A script for opening a grid of orders
If you need to quickly open several pending orders (Buy Limit, Sell Limit, Buy Stop, Sell Stop) on a certain distance from the current price, this script will do all the routine for you! Allow AutoTrading before running the script.
Run the script on a chart.
Language of messages displayed (EN, RU, DE, FR, ES) - language of the output messages (English, Russian, German, French, Spanish). Price for open - open price. If set to
The Heiken Ashi indicator drawn using a tick chart. It draws synthetic candlesticks that contain a definite number of ticks.
option prices - price option. It can be Bid, Ask or (Ask+Bid)/2. the number of ticks to identify Bar - number of ticks that form candlesticks. price levels count - number of displayed price levels (no levels are displayed if set to 0 or a lower value). calculated bar - number of bars on the chart.Buffer indexes: 0 - OPEN, 1 - HIGH, 2 - LOW, 3 - CLOSE.
The indicator represents an additional chart window with a lower time frame where bars are combined into groups that are equivalent in time to main chart time frame. Bars are synchronized by the right hand side of the window, i.e. the time of the last bar in the main window corresponds to the time of the last bar group in the additional window. The maximum number of groups is 16; the maximum number of bars combined into groups in the additional window is 256. Limitations on the numbers are requi
Safe Automatic is a safe MetaТrader 5 trading robot working autonomously on a VPS server. The good results are achieved on EURUSD.
The EA applies modified versions of a trend-following strategy, half-pyramiding, scalping, Elliott Wave method and speculating trading with a deposit protection. The EA switches the strategies automatically. The program also takes the news calendar into account: the robot does not enter the market in a 10-minute interval before and after a news rel
The script is intended for automatic placing of Sell Stop pending orders, Stop Losses and Take Profits on the user specified levels. This script is not that useful as "Virtual pending buy stop", since short positions are opened as Bid price crosses the levels. Thus spread widening is not dangerous. Nevertheless, you need to have this script to prevent unwanted hitting of the Stop Loss levels.
Automation of the process of placing the Sell Stop pending orders, Stop Losses and T
The script is intended for automatic placing of Buy Stop pending orders, Stop Losses and Take Profits on the user specified levels.
Avoiding unwanted entering a long position in case of false hitting the level as a result of widening of the spread by a dealing center. Avoiding unwanted triggering of a Stop Loss in case a quote pierces a significant level (fractal) without further confirmation with the close price. Setting a necessary virtual order and entering the market in
The indicator determines the inside bar and marks its High/Low. It is plotted based on the closed candles (does not redraw). The identified inside bar can be displayed on the smaller periods. You may set a higher period (to search for the inside bar) and analyze on a smaller one. Also you can see the levels for Mother bar.
Period to find Inside Bar — the period to search for the inside bar. If a specific period is set, the search will be performed in that period. Al
We present you an effective software solution for arbitrage between brokers.
The Arbitrage on the market became widespread due to decentralization. There are many liquidity providers, whose quotes differ for various reasons. By tracking the dynamics of changes in the quotes of different brokers, it is possible to determine the delayed and leading brokers, thereby predicting the future prices of the delayed broker for a short time. Knowing these prices and using efficient built-in software filte
COSMOS4U Volume indicator facilitates your trade decisions. It gives confirmation of the running movement and market trends. It highlights current and past accumulation and distribution volumes, comparing them to moving average volume and the highest volume. In addition, it identifies and marks nuances as well as convergence and divergence patterns of bears and bulls in order to provide the market trend and price ranges.
The supported features are as follows:
Fast Volume Moving Average Slow
The script creates account summary report in a separate window.
The report can be created for all deals and on deals for selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
The script creates account summary report in a separate window.
The report can be created for all deals and for deals of the selected financial instruments.
It is possible to specify a time interval of calculation and save report to htm-file.
CandleTimer is an indicator that can be usable for scalper and short-term traders. It shows the following useful information:
Remaining and past time of a candle on the current chart or other timeframe Alarm setting for play sound at the start of the current candle Show SL/TP line defining whether the indicator has a Sell or Buy order or both Show a spread value Show Ask and Bid lines in different colors in high and low spread Compatible with a money management EA (you can buy it separat
Forum on trading, automated trading systems and testing trading strategies
newdigital, 2014.03.31 06:10
if actual > forecast = good for currency (for AUD in our case)
Queensland drives surge in new home sales, according to Housing Industry Association figures for February
The Housing Industry Association has reported a strong rise in new home sales, particularly freestanding houses.
HIA - which represents the country's large players in the housing
construction sector - says sales of new detached homes rose by 6.9 per
cent in February.
Overall new home sales rose by 4.6 per cent in seasonally adjusted terms.
HIA chief economist Harley Dale says the result was not particularly surprising.
"There's been growing momentum in new home sales for some months now," he said.
a couple of months where we had growth but it was quite modest we were
probably overdue for a stronger result and that's certainly what we
That was despite a 6.8 per cent fall in the new apartment category of the sector.
Dr Dale says the change reflects shifting preferences and that the homes are being built in different areas.
"There's a little bit of change going on in terms of what we build in Australia," he said.
the first instance the recovery in new home building was driven
primarily by New South Wales and to a lesser extent Western Australia.
MetaTrader Trading Platform Screenshots
AUDUSD, M5, 2014.03.31
MetaQuotes Software Corp., MetaTrader 5, Demo
AUDUSD M5 : 25 pips price movement by AUD - New Home Sales news event
newdigital, 2014.03.29 11:36
AUDUSD Fundamentals (based on dailyfx article)
newdigital, 2014.03.30 15:02
newdigital, 2014.03.30 15:08
newdigital, 2014.04.01 08:33
Australia Retains Record Low Interest Rate
The Reserve Bank of Australia left its key interest rate unchanged
at a record low on Tuesday as policymakers viewed that a period of
stability in interest rates is likely to be the most prudent course.
monetary board led by Governor Glenn Stevens decided to maintain the
cash rate at 2.50 percent as widely expected by economists.
The RBA has reduced the cash rate by a cumulative 225 basis points since November 2011 to help the economy sustain demand in areas outside the resources sector in view of fading support from the mining boom.
said last week there is encouraging early evidence that the so-called
'handover' from mining-led demand growth to broader private demand
growth is beginning.
Today RBA said resources sector investment
spending is set to decline significantly and, at this stage, signs of
improvement in investment intentions in other sectors are only
tentative. Public spending is expected to be subdued.
to the central bank's assessment, the decline in the exchange rate from
its highs a year ago will assist in achieving balanced growth in the
The bank expects inflation to be consistent with the 2-3
percent target over the next two years. The board judged that monetary
policy is appropriately configured to foster sustainable growth in
demand and inflation outcomes consistent with the target.
to policymakers, continued accommodative monetary policy should provide
support to demand, and help growth to strengthen over time.
AUDUSD M5 : 49 pips range price movement by AUD - Cash Rate news event :
newdigital, 2014.04.02 07:20
Australia Building Approvals Fall In February
The total number of building approvals in Australia was down a
seasonally adjusted 5.0 percent on month in February, the Australian
Bureau of Statistics said on Wednesday, standing at 16,669.
That was well shy of forecasts for a decline of 2.0 percent following the 6.9 percent increase in January.
a yearly basis, building approvals climbed 23.2 percent - also missing
expectations for 27.9 percent after surging 34.6 percent in the previous
Approvals for private sector houses fell 2.1 percent on
month and climbed 21.8 percent on year to 9,293. Approvals excluding
houses dropped 8.7 percent on month and jumped 32.7 percent on year to
The value of total approvals fell 0.3 percent on month. The
value of residential building approvals fell 0.2 percent, while the
value of non-residential building approvals lost 0.5 percent.
AUDUSD, M5, 2014.04.02
AUDUSD M5 : 25 pips price movement by AUD - Building Approvals news event
newdigital, 2014.04.02 14:42
if actual > forecast = good for currency (for USD in our case)
U.S. Private Sector Job Growth Falls Just Of Estimates In March
Employment in the U.S. private sector showed a notable increase in
the month of March, according to a report released by payroll processor
ADP on Wednesday, with the report also showing a substantial upward
revision to the job growth in the previous month.
ADP said private
sector employment increased by 191,000 jobs in March following an
upwardly revised increase of 178,000 jobs in February.
job growth in March came in slightly below estimates for an addition of
195,000 jobs, the job growth in February was well above the previously
reported increase of 139,000 jobs.
AUDUSD M5 : 17 pips range price movement by USD - ADP Non-Farm Employment Change news event
newdigital, 2014.04.03 09:04
Australia Has A$1.20 Billion Trade Surplus
Australia posted a seasonally adjusted merchandise trade surplus of
A$1.20 billion February, the Australian Bureau of Statistics said on
Thursday - down 14 percent on month.
That topped forecasts for a
surplus of A$850 million following the downwardly revised surplus of
A$1.392 billion in January (originally A$1.433 billion).
Exports were roughly flat on month at A$29.970 billion, up from A$29.76 billion in the previous month.
Non-rural goods added A$420 million (2 percent). Net exports of goods under merchanting remained steady at A$15 million.
goods fell A$157 million (4 percent) and non-monetary gold fell A$133
million (10 percent). Services credits fell A$10 million.
Imports added 1.0 percent to A$28.770 billion, up from A$28.33 billion a month earlier.
Capital goods climbed A$791 million (15 percent) and non-monetary gold surged A$109 million (43 percent).
and other merchandise goods fell A$531 million (5 percent) and
consumption goods fell A$58 million (1 percent). Services debits added
Also on Thursday, the ABS said that the total value
of retail sales in Australia was up a seasonally adjusted 0.2 percent on
month in February, coming in at A$22.972 billion.
That missed forecasts for an increase of 0.3 percent following the 1.2 percent jump in January.
AUDUSD, M5, 2014.04.03
AUDUSD M5 : 35 pips price movement by AUD - Trade Balance news event
newdigital, 2014.04.04 09:49
Trading the News: U.S. Non-Farm Payrolls (adapted from dailyfx article)
The U.S. Non-Farm Payrolls (NFP) report may in still a bullish outlook
for the dollar (bearish EUR/USD) as employment is expected to increase
another 200K in March, while the jobless rate is anticipated to narrow
to an annualized 6.6% from 6.7%.
Why Is This Event Important:
Indeed, a material pickup in job growth may put increased pressure on the Federal Open Market Committee (FOMC)
to normalize monetary policy sooner rather than later, but the reserve
currency may struggle to hold its ground should the NFP report dampen
the outlook for growth and inflation.
The resilience in private sector consumption along with the ongoing
decline in planned job cuts may generate a positive employment report,
and a large uptick in job growth may highlight an improved forecast for
the USD as the Fed continues to see a stronger recovery in 2014.
Nevertheless, the persistent slack in the real economy paired with the
downtick in business confidence may drag on NFPs, and a dismal print may
trigger a sharp selloff in the greenback as it weighs on interest rate
How To Trade This Event Risk
Bullish USD Trade: NFP Climb 200K+; Unemployment Slips to 6.6%
U.S. Non-Farm Payrolls (NFP) February 2014 :
newdigital, 2014.04.04 14:39
AUDUSD, M5, 2014.04.04
AUDUSD M5 : 34 pips price movement by USD - Non-Farm Employment Change news event