And this is updated statement for today:
So, this is the other proof that knowledge about market condition = profit!
There is ranging market condition for most majors for now so not so much to talk about market condition - too risky to trade for today sorry. You can see the levels (s/r lines) from those screenshots below.
MetaTrader Trading Platform Screenshots
EURUSD, M30, 2013.03.28
MetaQuotes Software Corp., MetaTrader 5, Demo
eurusd m30 ranging
USDCHF, M30, 2013.03.28
usdchf m30 ranging
EURUSD, M5, 2013.03.28
eurusd m5 ranging
USDCHF, M5, 2013.03.28
usdchf m5 ranging
The same situation is for USDJPY and for GBPUSD - ranging.
I am trying to find some pair to trade for today sorry :)
XAGUSD and XAUUSD are on flat or ranging way too
XAGUSD, M30, 2013.03.28
Alpari (UK) Ltd., MetaTrader 5, Demo
XAUUSD, H4, 2013.03.28
So, I did not find any pair to trade for today sorry. if the situation will be changed so we will see it.
Breakdown is going on for AUDUSD right now:
AUDUSD, H4, 2013.03.28
audusd h4 breakout
but it is bearish correction. If the price will cross 1.0405 level from above so it will be ranging condition once again. Anyway - it may be good time to get few pips in profit.
I've already made 1 sell trade - we can see it from those 2 screenshots:
AUDUSD, M1, 2013.03.28
audusd m1 sell
AUDUSD, M5, 2013.03.28
This is example for EURUSD for now - breakout may be going soon on close bar. But as EURUSD H1 is on bearish now so it will be just a rally as secondary trend.
EURUSD, H1, 2013.03.28
This is updated situation for now: +18 pips for USDCHF
USDCHF, H1, 2013.03.28
+18 pips for EURUSD:
and +5 pips for AUDUSD for now (see screenshot):
So, this is 41 pips (4 digit pips) in profit for today.
This is update for our 3 pairs
eurusd h1 updated
usdchf h1 update
audusd h1 update