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  • Results 1 to 7 of 7

    Thread: 66721747 - Team USD/JPY - Using Support and Resistance, Medium Risk

    1. #1 Collapse Post
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      Post 66721747 - Team USD/JPY - Using Support and Resistance, Medium Risk

      Account details:
      • Login: 66721747
      • Investor: tdruvz65
      • Server: InstaForex-Contest.com

      Trading Plan:
      I'll try to keep it simple using the support and resistance trading. The support and resistance will be based on manual analysis and drawing. No indicators will be used. Trading might be scalping, or might be long term trading, depending on the market situation. Details will be provided along with the individual order.

      Thanks to all Moderators and Admin of this forum, and best wishes to all participants.
      Last edited by Toxic; 02-04-2015 at 02:08 PM. Reason: updated account details :)


    2. The following 3 users say Thank You to OnlyGainer for this useful post.

      chimasky (02-08-2015), goodguy333 (02-09-2015), NikitaBelle (02-06-2015)

    3. #2 Collapse Post
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      Some small trades opened to fulfill the rule no. 13

      Lot: 0.01*10 and 10.01*1
      Price: 118.78
      TP or SL: N/A


    4. #3 Collapse Post
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      Hi Gainer, its good to see you in contest. nice trades but now you have added 10 more lots so lest see where it goes if we see a daily chart then short positions does not fit anywhere. lets see whats happen.
      Never Go Against your heart decisions in Forex.


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      Quote Originally Posted by OnlyGainer     
      Some small trades opened to fulfill the rule no. 13

      Lot: 0.01*10 and 10.01*1
      Price: 118.78
      TP or SL: N/A
      All have been closed with total profit of $8.54

      New order:

      Pair: USDJPY
      Lot: 30
      Price: 118.55
      TP: N/A

      Scene: The pair reached 119.20 as a reaction to NFP. but it didn't break the resistance 118.90 or 119 properly. which made the resistance stronger. now on its way back it might meet the support 117.35 once again.


    6. #5 Collapse Post
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      that looks like a sweet trade. good potential! just careful if you noticed the old resistance might still work at the 29th January on h1 chart. GL!

      The Symbiosis mashed up Trading Journal
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    7. The Following User Says Thank You to Alexander Tatsumaki For This Useful Post:

      OnlyGainer (02-09-2015)

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      i have added 400 today for the team usdjpy bro. hope it will help our team


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      Quote Originally Posted by OnlyGainer     
      New order:

      Pair: USDJPY
      Lot: 30
      Price: 118.55
      TP: N/A

      Scene: The pair reached 119.20 as a reaction to NFP. but it didn't break the resistance 118.90 or 119 properly. which made the resistance stronger. now on its way back it might meet the support 117.35 once again.
      Closed with a total profit of $540

      New Orders:

      Pair: BUY USDJPY
      Lot: 50 and 10 (2 orders)
      Price: 118.51 and 118.43
      TP: N/A

      Scene: I saw some scalping opportunity based on the combination of charts. the pair is holding within a tight range.

      ---------- Post added at 10:27 AM ---------- Previous post was at 03:00 AM ----------

      Quote Originally Posted by OnlyGainer     
      New Orders:

      Pair: BUY USDJPY
      Lot: 50 and 10 (2 orders)
      Price: 118.51 and 118.43
      TP: N/A

      Scene: I saw some scalping opportunity based on the combination of charts. the pair is holding within a tight range.
      Closed with total profit of $277

      ---------- Post added 02-11-2015 at 10:24 AM ---------- Previous post was 02-10-2015 at 10:27 AM ----------

      account stopped out. lets see how far can I go with the balance of $957


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