Market Condition Evaluation based on standard indicators in Metatrader 5 - page 38

[Sergey Golubev]

newdigital:
If the price will break 1.2781 resistance level (for EURUSD) so we can open sell to take the other few pips in profit.

and possible level for buy stop order for USDCHF is 0.9522

[Sergey Golubev]

The situation with open trades right now: 

• EURUSD +17 pips (closed) - trades were open according to market condition evaluation in the morning and managed by  PriceChannel Parabolic system

• USDCHF +19 pips (closed) - trades were open according to market condition evaluation in the morning and managed by  PriceChannel Parabolic system

• GBPUSD +13 pips (closed) - trades were open according to market condition evaluation in the morning and managed by  BrainTrending system

• AUDUSD +24 pips (still open) - trades were open according to market condition evaluation in the morning and managed by Braintrending system

Totally for now till this morning: +73 pips

[Sergey Golubev]

newdigital:

The situation with open trades right now: 

• EURUSD +17 pips (closed) - trades were open according to market condition evaluation in the morning and managed by  PriceChannel Parabolic system

• USDCHF +19 pips (closed) - trades were open according to market condition evaluation in the morning and managed by  PriceChannel Parabolic system

• GBPUSD +13 pips (closed) - trades were open according to market condition evaluation in the morning and managed by  BrainTrending system

• AUDUSD +24 pips (still open) - trades were open according to market condition evaluation in the morning and managed by Braintrending system

Totally for now till this morning: +73 pips

AUDUSD was closed by +8 pips so the final results for today is +57 pips (all the trades were closed).

That's all news

[Sergey Golubev]

It is big price movement for right now (ECB Press Conference and Unemployment Claims at 13: 30 GMT time) ... so my suggestion: do not ignore economic news events! 

 

Because forex news events (especially high impacted ones) can give good profit but big loss as well. DO NOT IGNORE ECONOMIC NEWS EVENTS!

Example? Just look at my image:

MetaTrader Trading Platform Screenshots

USDCHF, M30, 2013.04.04

MetaQuotes Software Corp., MetaTrader 5, Demo

usdchf m30

MetaTrader Trading Platform Screenshots

EURUSD, M30, 2013.04.04

MetaQuotes Software Corp., MetaTrader 5, Demo

eurusd m30

[Sergey Golubev]

Breakdown for USDCHF M30 is going on for now:

MetaTrader Trading Platform Screenshots

USDCHF, M30, 2013.04.04

MetaQuotes Software Corp., MetaTrader 5, Demo

usdchf m30 possible breakdown

[Sergey Golubev]

Seems the price is trying to be reversed to bearish for M30 to be below Ichimoku cloud on close bar.

[Sergey Golubev]

Yes! Reversed. +57 pips in profit!

MetaTrader Trading Platform Screenshots

USDCHF, M30, 2013.04.04

MetaQuotes Software Corp., MetaTrader 5, Demo

+57 pips

[Sergey Golubev]

newdigital:

AUDUSD was closed by +8 pips so the final results for today is +57 pips (all the trades were closed).

That's all news

Thus, the total is the following: +57 + 58 (for now - i closed with 58) = 115 pips just for one day.

[Sergey Golubev]

There is flat (non-trading market condition) for many pairs now.

[Sergey Golubev]

High impacted news events for today:

at 13:30 GMT: 

• Non-farm Payrolls for USD

• Trade Balance for CAD

• Unemployment Rate for CAD

 

At 15:00 GMT 

• Ivey Purchasing Managers Index for CAD