newdigital, 2013.11.05 12:00
2013-11-05 09:30 GMT (or 10:30 MQ MT5 time) | [GBP - Services PMI]
if actual > forecast = good for currency (for GBP in our case)
UK Service Sector Activity Rises At Fastest Pace Since 1997
British service sector activity expanded at the fastest pace in more
than sixteen years in October, a survey by Markit Economics and the
Chartered Institute of Purchasing & Supply (CIPS) revealed Tuesday.
The headline seasonally adjusted business
activity index rose to 62.5 in October from September's 60.3. The
October reading represented the sharpest rise in activity since May
"This has largely been the result of rising levels of
incoming new business placed with service providers as market sentiment
has improved in line with a strengthened economic climate," Markit said.
MetaTrader Trading Platform Screenshots
GBPUSD, M5, 2013.11.05
MetaQuotes Software Corp., MetaTrader 5, Demo
GBPUSD M5 : 84 pips price movement by GBP - Services PMI
newdigital, 2013.11.06 11:55
2013-11-06 09:30 GMT (or 10:30 MQ MT5 time) | [GBP - Industrial Production]
U.K. Industrial Output Rebounds In September
British industrial production bounced back in September after two
consecutive declines, the latest figures from the Office for National
Statistics showed Wednesday. The rebound was stronger than expected by
Total production rose 2.2 percent year-on-year in
September following a 1.5 percent fall in August and a 1.1 percent
decline in July. The consensus was for an increase of 1.8 percent.
output grew 0.8 percent annually in September. This comes after a 0.2
percent fall in August and a 0.4 percent drop in July. The outcome
matched economists' forecast.
GBPUSD, M5, 2013.11.06
GBPUSD M5 : 24 pips down and 49 pips up by GBP - Industrial Production
newdigital, 2013.11.06 17:05
2013-11-06 15:00 GMT (or 16:00 MQ MT5 time) | CAD - Ivey PMI]
if actual > forecast = good for currency (for CAD in our case)
Canada Ivey Purchasing Managers Index at 62.8 in October
The Ivey Purchasing
Managers Index was at 62.8 on a seasonally adjusted basis in October,
indicating that purchasing activity in Canada expanded from September.
The index, which measures changes in economic activity as indicated by
a panel of purchasing managers from across Canada, is sponsored by the
Richard Ivey School of Business at Western University.
An index greater than 50 indicates an expansion of purchasing
activity, while an index below 50 indicates a decline. The median
forecast for October based on economists surveyed by Dow Jones was 51.5.
USDCAD, M5, 2013.11.06
USDCAD M5 : 25 pips price movement by CAD - Ivey PMI
newdigital, 2013.11.07 07:48
2013-11-07 00:30 GMT (or 01:30 MQ MT5 time) | AUD - Employment Change]
if actual > forecast = good for currency (for AUD in our case)
Australia October Unemployment Rate 5.7%
The unemployment rate in Australia came in at a seasonally adjusted
5.7 percent in October, the Australian Bureau of Statistics said on
That was in line with expectations and up from 5.6 percent in September.
However, the Australian economy added just 1,100 jobs in October to 11,639,200 - well shy of forecasts forecast for 10,000.
AUDUSD, M5, 2013.11.07
AUDUSD M5 : 54 pips price movement by AUD - Employment Change
Just want to remind about Triangle Patterns :
Market Condition Evaluation based on standard indicators in Metatrader 5
newdigital, 2013.02.19 13:47
This is whole the thread about breakout :)
Breakout may be catchen
All the indicators with templates were uploaded to thisthread as the links to CodeBase and so on.
As to previous image - I described that I am not professional with patterns but it is some kind of price pattern when trendlines are creating criss-cross. if they price will create this criss-cross from up to down so it will be downtrend (may be - breakdown), if the price will break this criss-cross from down to up so it may be good uptrend.
I am trading those breakout/breakdown on the other thread uploading the results. And I keep this thread just for market condition evaluation only.
newdigital, 2013.09.05 09:53
3 Easy Triangle Patterns Every Forex Trader Should Know - Symmetrical Triangle
The first type of pattern is the symmetrical triangle pattern. It is
formed by two intersecting trendlines of similar slope converging at a
point called the apex.
In the above example of a symmetrical triangle you can easily see on
the AUDUSD 1-Hour chart the intersection of a rising trendline and a
downtrend line at the bottom of a larger trend. Sellers are unable to
push prices lower and buyers can’t push price to new highs.
newdigital, 2013.09.05 09:55
3 Easy Triangle Patterns Every Forex Trader Should Know - Ascending Triangle
The next type of triangle pattern is the ascending triangle. It is
easily recognized by a rising trend line intersecting with a flat
resistance line. It is often regarded by traders as a bullish pattern
characterized by a breaking out above resistance when completed.
However, in the ascending triangle pattern, breakouts can take place
below resistance. This can especially be the case when the trend prior
to the triangle was down.
newdigital, 2013.09.05 09:56
3 Easy Triangle Patterns Every Forex Trader Should Know - Descending Triangle
The last triangle pattern is the descending triangle pattern. The
descending triangle is characterized by an area of strong support
intersecting a downward sloping trend line. When chartist see this
pattern as part of a larger downtrend, they look for a continuation of
the downtrend. A close break and close below the area of support would
be a confirmation of this pattern signaling traders to enter short with a
stop above the top of the pattern.
newdigital, 2013.11.07 14:36
2013-11-07 12:45 GMT (or 13:45 MQ MT5 time) | EUR - Interest Rate]
if actual > forecast = good for currency (for EUR in our case)
ECB Unexpectedly Cuts Interest Rate To New Low
The European Central Bank sprung a surprise on Thursday by cutting
the key interest rate to a record low in November, yielding to intense
market speculation for such a move, given the combination of low
inflation, record unemployment and a stronger currency.
Governing Council, led by ECB President Mario Draghi, cut the main
refinancing rate by 25 basis points to record low 0.25 percent,
following the rate-setting session in Frankfurt. Previously, the bank
slashed the rate by a quarter-point in May, which was the first
reduction in nine months.
EURUSD, M5, 2013.11.07
EURUSD M5 : 46 pips price movement by EUR - Interest Rate
EURUSD pair moved more based on US GDP for now :
EURUSD M5 moved more based on US GDP