Opinion on a chart is one thing.
Opinion on what to do after seeing the chart is another, different, and much more important thing.
After seeing this chart, what do you intend to do?
Moment to set stop loss below open prices (maybe that 0.74262 is good) and connect your mobile phone to some power supply.
[ Spammer ! ]
@Falstaff You are on the cases tonight ! 
And just when just when I was going to suggest that he enter for the Royal Academy
and the Turner prize, with the name Vasiaurel they would love him.
Opinions please.any help?
I think my broker using unfair stategis like high speeds,stop loss hunting and try swipe my profit.this is the proof.
Blue line is market red line my broker you can see difference. Try close my trade.
I would not trade using a 5-minute chart. All my recent trading has been done using daily charts, but I also look at weekly charts to help identify long-term trends.
I don’t use off-chart indicators (though I do use two EMA’s) but they could be useful in confirming the trade set-up.
I would question whether as many as 3 indicators plus Bollinger bands is necessary.
Opinion on what. What are you trying to do. What is your opinion of the posted chart and then maybe we can weigh in.
As an Art teacher would say -
“Vasiaurel, your work is very interesting, tell me about it.”
It’s not a good idea to take opinions of your open trade from a public forum. Here you will get different different opinions which will make you confused.
Where I ask for opinion?
Deciding what to do when your position is in profit is the difficult question in trading. But you have to make the decision - getting users to vote for holding or closing and then going with the majority is just not going to work.
If you’re short and in profit, you have choices -
hold
add to the position
close part of the position
close part of the position and submit additional sell orders
close all of the position
All are supported by the probabilities that price will continue to fall or that it will stop falling.
- Go back to your first short entry point - list what you saw in this chart and others that made you enter short at that time.
- Put the strongest factors in your decision at the top of the list.
If you cannot list what you saw that made you enter, close the position.
Now see the present charts and look at the factors you initially used.
- Are they still there?
- Are the factors that were strongest then still strong or maybe stronger?
If the answers are yes to these questions, keep at least part of your position and consider adding to it. You might move your stop-loss lower to increase protection of your unrealised gains.
If the answers are no, close your position.
The position now is close.if you watch carefully the graffitc you can see difference about market y broker.100 pip the speead.the market going my favor but broker spread is up I cant take profit.l and I can’t close trade in that moment.after I lose everything including my stop loss
Its impossible to trade anything on a short time-frame like 5M with a 100-pip spread. In fact 100 pips spread on CAD/CHF is outrageous, I think you need to change brokers.
I trade through a UK spreadbetting broker, who are known for not offering the best spreads - and even they are currently offering CAD/CHF at a spread of 4.0 to 4.2 pips.
That was a spread of 10 pips. It depends on the broker and the volatility at that specific moment. These things happen. Even with more liquid pairs.
Thanks Paul.
I have more fotos sometime take me 15 or 20 pips .
I feel like stolen me.
Every time hapend during night time
Thanks Paul, I took his post at face value.
Not necessarily. Post here the time zone of the chart in the first picture.
If I get some time, I look for spreads at that bar.
If 10 pips is the average, think about moving to other broker.
On March, 23th. Average spread below 2 pips.
The greatest spreads of the day with the time (GMT+1) when they took place (descending order):
| Time | Ask | Bid | Spread(pips) | |
|---|---|---|---|---|
| 23.03.2021 22:00:00.179 GMT+0100 | 0.74259 | 0.74163 | 9.6 | |
| 23.03.2021 22:01:56.673 GMT+0100 | 0.7425 | 0.7416 | 9.0 | |
| 23.03.2021 22:00:00.652 GMT+0100 | 0.74259 | 0.7417 | 8.9 | |
| 23.03.2021 22:00:00.792 GMT+0100 | 0.74259 | 0.74175 | 8.4 | |
| 23.03.2021 22:01:55.626 GMT+0100 | 0.74254 | 0.7417 | 8.4 | |
| 23.03.2021 22:01:59.130 GMT+0100 | 0.7425100000000001 | 0.74174 | 7.7 | |
| 23.03.2021 23:00:02.955 GMT+0100 | 0.7428800000000001 | 0.74212 | 7.6 | |
| 23.03.2021 22:00:24.276 GMT+0100 | 0.74254 | 0.74179 | 7.5 | |
| 23.03.2021 22:02:28.518 GMT+0100 | 0.7424000000000001 | 0.74165 | 7.5 | |
| 23.03.2021 22:02:29.460 GMT+0100 | 0.74255 | 0.7418 | 7.5 | |
| 23.03.2021 22:02:29.662 GMT+0100 | 0.7425 | 0.74175 | 7.5 | |
| 23.03.2021 22:05:08.844 GMT+0100 | 0.74245 | 0.7417 | 7.5 | |
| 23.03.2021 22:05:09.013 GMT+0100 | 0.7425 | 0.74175 | 7.5 | |
| 23.03.2021 22:02:28.805 GMT+0100 | 0.74254 | 0.7418 | 7.4 | |
| 23.03.2021 23:00:18.456 GMT+0100 | 0.7427800000000001 | 0.74205 | 7.3 | |
| 23.03.2021 22:05:08.913 GMT+0100 | 0.74248 | 0.74175 | 7.3 | |
| 23.03.2021 22:05:08.069 GMT+0100 | 0.7425200000000001 | 0.7418 | 7.2 | |
| 23.03.2021 22:12:24.434 GMT+0100 | 0.7425100000000001 | 0.7418 | 7.1 | |
| 23.03.2021 22:11:51.004 GMT+0100 | 0.7425 | 0.7418 | 7.0 | |
| 23.03.2021 22:11:51.164 GMT+0100 | 0.7425 | 0.7418 | 7.0 | |
| 23.03.2021 22:01:43.446 GMT+0100 | 0.74254 | 0.74185 | 6.9 | |
| 23.03.2021 22:05:14.462 GMT+0100 | 0.74244 | 0.74175 | 6.9 | |
| 23.03.2021 23:00:02.552 GMT+0100 | 0.7428 | 0.74211 | 6.9 | |
| 23.03.2021 23:00:14.611 GMT+0100 | 0.74279 | 0.7421 | 6.9 | |
| 23.03.2021 23:00:14.863 GMT+0100 | 0.74277 | 0.7420800000000001 | 6.9 | |
| 23.03.2021 22:00:40.633 GMT+0100 | 0.74253 | 0.74185 | 6.8 | |
| 23.03.2021 23:00:15.120 GMT+0100 | 0.74275 | 0.74207 | 6.8 | |
| 23.03.2021 22:04:18.700 GMT+0100 | 0.7425100000000001 | 0.7418399999999999 | 6.7 | |
| 23.03.2021 22:05:38.993 GMT+0100 | 0.7424100000000001 | 0.74174 | 6.7 | |
| 23.03.2021 22:06:51.090 GMT+0100 | 0.7425100000000001 | 0.7418399999999999 | 6.7 | |
| 23.03.2021 22:12:28.273 GMT+0100 | 0.7424600000000001 | 0.74179 | 6.7 | |
| 23.03.2021 22:05:05.294 GMT+0100 | 0.7425200000000001 | 0.74185 | 6.7 | |
| 23.03.2021 22:05:14.788 GMT+0100 | 0.74244 | 0.74177 | 6.7 | |
| 23.03.2021 22:10:46.803 GMT+0100 | 0.74244 | 0.74177 | 6.7 | |
| 23.03.2021 22:06:51.294 GMT+0100 | 0.7425100000000001 | 0.74185 | 6.6 | |
| 23.03.2021 23:00:14.208 GMT+0100 | 0.7429300000000001 | 0.74227 | 6.6 | |
| 23.03.2021 23:00:02.855 GMT+0100 | 0.74279 | 0.7421300000000001 | 6.6 | |
| 23.03.2021 22:05:42.934 GMT+0100 | 0.7424000000000001 | 0.74175 | 6.5 | |
| 23.03.2021 22:06:58.463 GMT+0100 | 0.7425 | 0.74185 | 6.5 | |
| 23.03.2021 22:08:10.773 GMT+0100 | 0.7424600000000001 | 0.7418100000000001 | 6.5 | |
| 23.03.2021 22:09:12.710 GMT+0100 | 0.74245 | 0.7418 | 6.5 | |
| 23.03.2021 22:12:29.095 GMT+0100 | 0.74245 | 0.7418 | 6.5 | |
| 23.03.2021 22:12:57.647 GMT+0100 | 0.7424000000000001 | 0.74175 | 6.5 | |
| 23.03.2021 22:13:10.186 GMT+0100 | 0.7424000000000001 | 0.74175 | 6.5 | |
| 23.03.2021 22:26:38.762 GMT+0100 | 0.7424000000000001 | 0.74175 | 6.5 | |
| 23.03.2021 22:26:39.923 GMT+0100 | 0.7424000000000001 | 0.74175 | 6.5 | |
| 23.03.2021 23:00:04.911 GMT+0100 | 0.74277 | 0.74212 | 6.5 | |
| 23.03.2021 22:10:41.171 GMT+0100 | 0.7424600000000001 | 0.74182 | 6.4 | |
| 23.03.2021 22:05:42.434 GMT+0100 | 0.74239 | 0.74175 | 6.4 | |
| 23.03.2021 22:06:58.605 GMT+0100 | 0.7425 | 0.7418600000000001 | 6.4 | |
| 23.03.2021 22:08:55.068 GMT+0100 | 0.74245 | 0.7418100000000001 | 6.4 | |
| 23.03.2021 23:00:02.451 GMT+0100 | 0.74275 | 0.74211 | 6.4 | |
| 23.03.2021 23:00:03.056 GMT+0100 | 0.74277 | 0.7421300000000001 | 6.4 | |
| 23.03.2021 23:00:12.317 GMT+0100 | 0.7427 | 0.74206 | 6.4 | |
| 23.03.2021 22:05:34.499 GMT+0100 | 0.74242 | 0.7417800000000001 | 6.4 | |
| 23.03.2021 22:12:57.487 GMT+0100 | 0.74242 | 0.7417800000000001 | 6.4 | |
| 23.03.2021 22:12:57.547 GMT+0100 | 0.74242 | 0.7417800000000001 | 6.4 | |
| 23.03.2021 23:00:14.460 GMT+0100 | 0.74279 | 0.7421500000000001 | 6.4 | |
| 23.03.2021 22:06:43.264 GMT+0100 | 0.7425100000000001 | 0.7418800000000001 | 6.3 |