Market Condition Evaluation based on standard indicators in Metatrader 5 - page 36

 
But I think - it is secondary trend for EURUSD and USDCHF. I mean: price is not going to be reversed. Not yet. But it is good time to get few pips in profit for example.
 

The situation with open trades right now: 

  • GBPUSD +11 pips
  • EURUSD -8 pips (this pair is in ranging market condition so it is risky to trade it today)
  • USDCHF +2 pips 

 
newdigital:

EURUSD M30 breakout and USDCHF M30 breakdown are going on right now:



EURUSD is on breakout and USDCHF is on breakdown for now

MetaTrader Trading Platform Screenshots

EURUSD, M30, 2013.04.03

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd m30 breakout

EURUSD, M30, 2013.04.03, MetaQuotes Software Corp., MetaTrader 5, Demo


MetaTrader Trading Platform Screenshots

USDCHF, M30, 2013.04.03

MetaQuotes Software Corp., MetaTrader 5, Demo

usdchf m30 breakdown 1

USDCHF, M30, 2013.04.03, MetaQuotes Software Corp., MetaTrader 5, Demo


 
newdigital:

The situation with open trades right now: 

  • GBPUSD +11 pips
  • EURUSD -8 pips (this pair is in ranging market condition so it is risky to trade it today)
  • USDCHF +2 pips 

And it is updated situation:

 

 

I am closing open trades for EURUSD, USDCHF and GBPUSD:

MetaTrader Trading Platform Screenshots

EURUSD, M30, 2013.04.03

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd m30 breakout

EURUSD, M30, 2013.04.03, MetaQuotes Software Corp., MetaTrader 5, Demo


MetaTrader Trading Platform Screenshots

USDCHF, M30, 2013.04.03

MetaQuotes Software Corp., MetaTrader 5, Demo

usdchf breakdown

USDCHF, M30, 2013.04.03, MetaQuotes Software Corp., MetaTrader 5, Demo


 

Forum

Market Condition Evaluation based on standard indicators in Metatrader 5

newdigital, 2013.04.03 12:29

The situation with open trades right now: 

  • GBPUSD +11 pips
  • EURUSD -8 pips (this pair is in ranging market condition so it is risky to trade it today)
  • USDCHF +2 pips 

 

So, updated situation on closed trades for today is the following:

GBPUSD: +38 pips

EURUSD: +14 pips

USDCHF: +32 pips

 

It was breakdown for EURUSD M30 and breakout for USDCHF M30 today in the morning

MetaTrader Trading Platform Screenshots

EURUSD, M30, 2013.04.04

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd m30 breakdown

EURUSD, M30, 2013.04.04, MetaQuotes Software Corp., MetaTrader 5, Demo


MetaTrader Trading Platform Screenshots

USDCHF, M30, 2013.04.04

MetaQuotes Software Corp., MetaTrader 5, Demo

usdchf breakout

USDCHF, M30, 2013.04.04, MetaQuotes Software Corp., MetaTrader 5, Demo


 
newdigital:

It was breakdown for EURUSD M30 and breakout for USDCHF M30 today in the morning



but it was not started for H1 timeframe.

Very interesting situation is going og for GBPUSD right now - breakdown for H1 on open bar:

MetaTrader Trading Platform Screenshots

GBPUSD, H1, 2013.04.04

MetaQuotes Software Corp., MetaTrader 5, Demo

gbpusd breakdown open bar

GBPUSD, H1, 2013.04.04, MetaQuotes Software Corp., MetaTrader 5, Demo


 
So, I just open few trades according to this estimation ... and will see ...
 

And it may be breakdown soon for AUDUSD H4 timeframe

MetaTrader Trading Platform Screenshots

AUDUSD, H4, 2013.04.04

MetaQuotes Software Corp., MetaTrader 5, Demo

audusd h4 may be breakdown

AUDUSD, H4, 2013.04.04, MetaQuotes Software Corp., MetaTrader 5, Demo


So, I opened 4 trades - for EURUSD, USDCHF, GBPUSD and AUDUSD 

Reason: