Market condition

Technical Analysis Course - Module 9: Elliott Waves and Cycles of Time

The basics of the theory are very simple. In its fundamental form, Elliott simply said that stock market prices follow a repetitive pattern of a five wave advance followed by a three wave decline.

Technical Analysis Course - Module 10: Cloud Charts: the Ichimoku Technique

There are five lines drawn on the chart, and the first one is called Tenkan-sen, which translates to Turning Line. The second is the Kijun-sen, also know as the Standard line.

Technical Analysis Course - Module 11: Money Management and Computers

This is the most important skill you can learn for successful trading. How you view your trading account and how you determine how much to use on each trade is crucial to making a profit at trading. If you run out of money, then you won't be trading anymore, and anything else you know or learn about trading will be wasted.

Technical Analysis Course - Module 12: How to Build a Trading Systems

Developing a trading system is both a science and an art. All successful traders have a consistent method of trading, no matter if it's trend following, countertrend, or some other less familiar technique. Even those who seem to have no method really do -- it's probably just they have traded so much that their system is instinctive to them.

Technical Analysis Course - Module 13: The Stock Market

The stock market as there are one or more in many countries, are divided into market sectors which are then split into industry groups. If you research the various divisions, you will see some intermarket effects, and usually be able to find a good area in which to trade.

Technical Analysis Course - Module 14: Futures

In the last few decades, futures contracts have grown from being solely for commodities to encompassing virtually any financial instrument you can think of. They started with futures contracts on currencies and treasury bonds, and then included futures on indices, and most recently single stock futures have become available.

Technical Analysis Course - Module 15: Options

Unlike any other trading derivative, options give you choices. If you trade in futures, contracts for difference, spread betting or any other financial derivative (a financial instrument that 'derives' its value from something else), you can leverage your money but you are also committed to the downside.

Technical Analysis Course - Module 16: Forex Trading

About forex trading and the application of technical analysis to the foreign exchange markets. If you are interested in intraday trading, you should know that you're up against the best, as this is a big market for banks and financial institutions. And of course, apart from the spread, which is where the brokers make their profit, Forex trading is a zero-sum game.

Range Bound or Trending | The Best Way Traders Can Determine Market Conditions

This video describes basic factors to help traders determine if markets are trending or are range bound (choppy). Simple visual analysis as well as basic technical indicators are discussed.

This is the market condition for EURUSD and GBPUSD:

I think - GBPUSD is the most interesting for this week because price is very near to Sinkou Span B line of Ichimoku indicator (and this Sinkou Span B line is the border between bullish and bearish primary trending condition).