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By the way, there is a discussion going on in English mql5 about hedging on MT5... Started here, but most constructive and as a new thread here.
For information.
Here's a comparison of the screenshot here with this one here:
MetaTrader Trading Platform Screenshots
USDCHF, M5, 2013.04.11
MetaQuotes Software Corp., MetaTrader 5, Demo
breakdown
Breached the level of 0.9304 - and if you had made a sell stop pending order at the red horizontal level - you would be 20 pips in profit now.
This is where my question is - where will the price go now? A simple question ...
MetaTrader Trading Platform Screenshots
USDCHF, M5, 2013.04.11
MetaQuotes Software Corp., MetaTrader 5, Demo
where the price will go for now?
The answer is also simple - if it breaks the level of 0.9319, it will go up, or it will go back down (kind of an unfinished price pattern there).
Right now, if the price breaks through 0.9287, buy.
MetaTrader Trading Platform Screenshots
USDCHF, M5, 2013.04.11
MetaQuotes Software Corp., MetaTrader 5, Demo
usdchf m5 updated
Look at the chart.
Here is the answer to that question - I have 15 pips in profit
MetaTrader Trading Platform Screenshots
USDCHF, M5, 2013.04.11
MetaQuotes Software Corp., MetaTrader 5, Demo
reply
Where will the price go now?
MetaTrader Trading Platform Screenshots
USDCHF, M5, 2013.04.11
MetaQuotes Software Corp., MetaTrader 5, Demo
Where is it going now?
Here's the cross I was talking about :) This is a very significant price pattern
MetaTrader Trading Platform Screenshots
USDCHF, M5, 2013.04.11
MetaQuotes Software Corp., MetaTrader 5, Demo
znach
I think I should create separate threads on different topics. But I don't know much about price patterns - if anyone knows them - open a thread and I'll get involved too.