Do you know what are the most problems for traders? Why some of them are losing money? There4 are a lot of reasons ... just about some of them:
This is update for USDCHF for now - we see that the price is inside Ichimoku cloud for ranging market condition ... 21 pips in profit anyway but it is exceptional case: it is very risky to trade from inside Ichimoku cloud - if cloud is wide enough so we can trade is as "from inside the channel" for example ....
MetaTrader Trading Platform Screenshots
USDCHF, H1, 2013.03.28
MetaQuotes Software Corp., MetaTrader 5, Demo
usdchf h1 update ranging
EURUSD was in more ranging situation for today - my trade was closed in 37 dollars only in profit. AUDUSD is having 2 pips by equity for now (I did not close this trade).
That's all news for today.
I am trying to find good pairs/direction to trade for today but the situation is similar with yesterday - ranging.
EURUSD - it may be breakout soon
EURUSD, M30, 2013.03.29
eurusd m30 may be breakout
and it may be breakdown for USDCHF
USDCHF, M30, 2013.03.29
usdchf m30 may be breakdown
Those possible breakout/breakdown is not for now ... this is for half an hour or 1 hour later - Chinkou Span line should cross the price on open bar first, and after that - it should cross the price on close bar. And after that only we can be fully sure about those breakdown/breakout. So, waiting ...
And it is very interesting situation for GBPUSD now: Chinkou span line is going together with the price on historical data. I call "this pattern" as the following: "almost ready for everything" :) It means - price can make quick move to any direction in any time.
GBPUSD, M30, 2013.03.29
Breakdown is started for USDCHF but on open bar sorry, If the price will cross all 2 criss/cross trendlines (s/r lines) on close bar so we may be good downtrend
usdchf m30 breakdown on open bar
Same situation for EURUSD - breakout on open bar