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Market condition

This is a discussion on Market condition within the Analytics and News forums, part of the Trading Forum category; This is the thread to upload market condition images with the description about....

      
   

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  1. #1
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    Market condition

    This is the thread to upload market condition images with the description about.
    MarilynSimpson likes this.

  2. #2
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    This is the market condition for EURUSD for now.

    H4 timeframe - flat with primary bearish. Resistance levels for the price to go up are 1.3018 and 1.3024. Resistance levels for downtrend are 1.2999 and 1.2977

    Market condition-eurusd_h4_flat.gif


    Market condition-eurusd_w1_flat.gif

  3. #3
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    Seems we need to use this thread to upload some indicators related to market condition checking and evaluation. In this case - everybody can do same analysis which i am making and will know about to buy or to sell in some situation for example.

    Just an idea.

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    Administrator newdigital's Avatar
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    This is very interesting situation is going on for now for EURUSD and USDCHF. I will not make any detailed comments because we all can see is from the images attached:

    Market condition-market1.gif


    Market condition-market2.gif


    Market condition-market3.jpg

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    This is updated situation for right now:

    Market condition-market3_up1.jpg


    Market condition-market3_up2.jpg

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    Is Forex Trading a Modern Day Gold Rush or a Path to Financial Ruin?

    As the allure of quick profits entices many to dive into forex trading, what are the hidden dangers that lurk beneath the surface? Can the thrill of trading overshadow the potential for significant losses, and how can new traders prepare themselves for the harsh realities of the market?

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    Administrator newdigital's Avatar
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    1,050 dollars in profit:

    Market condition-market3_up_1.jpg


    Market condition-market3_up_2.jpg

  8. #8
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    Market condition for EURUSD and USDCHF for now.

    EURUSD H4 timeframe - non-trading market condition (flat):

    Market condition-eurusd_nontrading.jpg


    USDCHF H4 - same case: non-trading market condition

    Market condition-usdchf_nontrading.jpg

  9. #9
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    More interesting situation for now is for USDCHF H4 timeframe:

    Price is inside Ichimoku cloud that is indicating the Ranging market condition; Chinkou Spam line is very near to be crossed with the price on historical data for good breakout.

    Market condition-usdchfh4.gif

  10. #10
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    So, if some trader opened sell for USDCHF - he did not make any mistake for example. I opened one hour ago

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