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  • Page 2 of 4 1 2 3 4
    Results 11 to 20 of 40

    Thread: 66721834 - Team GBP/CHF - Challenge the Record.

    1. #11
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      When trade no. 18 and 19 were with profit and found some free margin I opened two more small trades to use the free margin and get few more profits. Here is the trade details...


      Trade Details:

      Trade No. : 20 and 21
      Order No. : 845171535 and 845173301
      Order Type: Sell
      Open Price: 0.9239 and 0.9232
      Volume: 19 lots and 11 lots
      Stop Loss: N/A
      Take Profit: 0.9005 for both trades

      Reason For Open: The main reasons are given in earlier post. Here I wanted to use the free margin and increase my profit.

      Name:  7.PNG
Views: 15
Size:  21.8 KB

      Reason For Close: I decided to close all trades because the pair seemed found some resistance around 0.9228 level on M30 chart.

      Close Price: 0.9233 and 0.9231

      Trade Result:

      Profit/Loss: Two trades were closed manually to book small profit of 123.47$ and 11.92$ along with other two trades.


    2. #12
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      After closing 4 trades at the support level I decided to open another big lot buy trade. Later I opened two more trades to use more free margin. Here is the trade details...

      Trade Details:

      Trade No. : 22, 23 and 24
      Order No. : 845173955, 845175728 and 845178693
      Order Type: Buy
      Open Price: 0.9233, 0.9240 and 0.9244
      Volume: 200 lots, 16 lots and 8.8 lots.
      Stop Loss: N/A
      Take Profit: 0.9258 for all trades.

      Reason For Open: From M30 chart I found the pair faced relatively strong resistance around 0.9228 and it is expected to go up. So I decided to open a trade with bigger lot and keep it for some time to get big profit later I opened two more small lot trades to use free margin and get some more profit.

      Name:  8.PNG
Views: 16
Size:  22.0 KB

      Reason for Close: All trades hit the TP.

      Close Price: 0.9258 for all trades

      Trade Result:

      Profit/Loss: As trades hit the TP I got profit of 5 185.27$, 311.08$ and 133.07$ from these trades. So far good reward for little patience.


    3. #13
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      You has doing great in this contest and i am very lucky be a part of your team , i am salute with your trading style , your passion, your intuition and also your mental . you has ever made 60k in your equity just not more than one week and you can make reverse the situation after the downturn from 2.5k to be over 13k

      Keep your good trading and always be careful .


    4. The Following User Says Thank You to Lyubov For This Useful Post:

      nkhan2810 (02-21-2015)

    5. #14
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      As I was after the record so I took some extra risk. Now I'll take risk according to the situation as contest is approaching to the end. But yes we need to be careful so that we don't get big draw down now. If we get big loss then we won't be able to come back. Thanks for visiting the thread and your advice.


    6. #15
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      Next I concentrated on pure scalping to get few more profit and as trend was upward I decided to open few buy orders. Here are the trade details...


      Trade Details:

      Trade No. : 25, 26, 27 and 28
      Order No. : 845194238, 845195269, 845196765, 845196857 and 845196971
      Order Type: Buy
      Open Price: 0.9255, 0.9260, 0.9251, 0.9251 and 0.9251
      Volume: 250, 5, 5, 15 and 25
      Stop Loss: N/A
      Take Profit: 0.9270, 0.9264, N/A, N/A and N/A

      Reason For Open: As bull power remained but losing power so I decided to have some scalping to get few pips in my pocket. So I opened few buy orders in the direction of trend.

      Name:  9.PNG
Views: 13
Size:  21.5 KB

      Reason for Close: To book some profit as I feel price may go down soon.

      Close Price: 0.9258, 0.9264, 0.9253, 0.9253 and 0.9253

      Trade Result:

      Profit/Loss: All trades closed manually and got small profit out of these trades. So the profits were 810.11$, 21.59$, 10.81$, 32.42$ and 54.04$.


    7. #16
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      Later I opened few order for scalping to get few more profit. Those are...

      Trade Details:

      Trade No. : 29, 30 and 31
      Order No. : 845197595, 845199132 and 845200416
      Order Type: Sell, Buy and Buy
      Open Price: 0.9262, 0.9259 and 0.9262
      Volume: 25, 10 and 30
      Stop Loss: N/A
      Take Profit: 0.9242, 0.9271 and 0.9265

      Reason For Open: Tried to get few pips out of small fluctuation of small range of 10-15 pips.

      Reason for Close: To book some profit as I feel price may go down soon.

      Close Price: 0.9259, 0.9262 and 0.9251

      Trade Result:

      Profit/Loss: All trades closed manually. First two trades close with small profit third one close with some loss. So the profit and loss of trades were 81$, 32.39$ and -356.72$.


    8. #17
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      After closing my first loss trade in the contest I placed a sell stop order. But seeing another upward movement I tried to do more scalping and opened few buy of the pair USDCHF. Here are the trade details of those trades...

      Trade Details:

      Trade No. : 32, 33, 34, 35 and 36
      Order No. : 845200484, 845201372, 845201414, 845201709 and 845205628
      Order Type: Sell Stop, Buy, Buy, Buy and Buy
      Open Price: 0.9262, 0.9259 and 0.9262
      Volume: 25, 10 and 30
      Stop Loss: N/A
      Take Profit: N/A, 0.9265, 0.9265,0.9263 and 0.9254

      Reason For Open: I placed the sell stop order seeing the some downward movement and expected it would hit the sell price. But it didn't. So I decided to open few buy orders for scalping for few pips.

      Name:  10.PNG
Views: 8
Size:  22.3 KB

      Reason for Close:Sell stop order was deleted before I open spot buy orders. Later all trades closed with small profit manually.

      Close Price: 0.9249, 0.9253, 0.9254, 0.9259 and 0.9249

      Trade Result:

      Profit/Loss: Very small profit were made from few trades. Big lot trades gave me 1K profit from 4 pips only. So the profits were 216.15$, 121.03$, 777.62$, 1 037.95$.


    9. #18
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      I continued with my scalping in as I wanted to make quick profit. I opened 6 sell orders later.

      Trade Details:

      Trade No. : 37, 38, 39, 40, 41 and 42
      Order No. : 845206031, 845206578, 845206596, 845208637, 845209251 and 845214130
      Order Type: Sell
      Open Price: 0.9252, 0.9256, 0.9258, 0.9261, 0.9271 and 0.9264
      Volume: 30, 70, 50, 50, 50 and 70
      Stop Loss: N/A
      Take Profit: 0.9247, 0.9248, 0.9240, 0.9240, 0.9240 and 0.9251

      Reason For Open: From M15 chart I found the pair got resistance at 0.9275. And after that it moved down to 0.9239. Later it started to go up little bit. I expected the price to go down again so I decided to open few short trades of different volume.

      Name:  11.PNG
Views: 11
Size:  22.7 KB

      Reason for Close:First trade hit the TP and other trades were closed for profit booking at some point the price were going high and I had to face 8K floating loss so better leave the trade with some profit.

      Close Price: 0.9247, 0.9248, 0.9240, 0.9240, 0.9240 and 0.9251

      Trade Result:

      Profit/Loss: All trades were closed with profit. First was closed as it hit the TP and others were closed manually. So the profits were 162.21$, 75.63$, 108.04$, 270.1$, 810.29$ and 378.01$.


    10. #19
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      Scalping was going well for me for making good profit. So I continued with it. Later I opened more 4 trades.

      Trade Details:

      Trade No. : 43, 44, 45 and 46
      Order No. : 845216153, 845217122, 845221522 and 845221865
      Order Type: Buy, Sell, Sell and Buy
      Open Price: 0.9246, 0.9249, 0.9260 and 0.9262
      Volume: 300, 10, 100 and 100
      Stop Loss: N/A
      Take Profit: 0.9258, 0.9247, 0.9250 and 0.9292

      Reason For Open: From M15 chart I found the pair got support at 0.9240. So it was expected price to go up. And due to volatility in the market I thought of trying few scalping. So I open few sell order when price gone little high and buy the pair when gone little low.

      Name:  12.PNG
Views: 10
Size:  21.8 KB

      Reason for Close:2nd trade close for hitting the TP. Other were closed manually to realize some more profit.

      Close Price: 0.9249, 0.9247, 0.9258 and 0.9266

      Trade Result:

      Profit/Loss: Profits are coming in numbers. This time all these trade gave around 1.6K profit. So individual profits from trades are 973.08$, 21.63$, 216.03$ and 431.69$.


    11. #20
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      I kept on scalping after I placed a sell stop order. Later the pending order was cancelled as I opened few buy and sell orders...

      Trade Details:

      Trade No. : 47, 48, 49, 50, 51 and 52
      Order No. : 845221915, 845222024, 845222524, 845222902, 845229865 and 845230437
      Order Type: Sell Stop, Buy, Sell, Buy, Buy and Buy
      Open Price: 0.9249, 0.9257, 0.9265, 0.9260, 0.9247 and 0.9243
      Volume: 100, 200, 100, 30, 50 and 50
      Stop Loss: N/A
      Take Profit: N/A, 0.9292, 0.9261, 0.9263, 0.9252 and 0.9256

      Reason For Open: From M15 chart I was expecting the pair to go down but not sure so I placed a sell stop order. Later I found price moving higher so I decided to scalp and put buy order, later a short the pair to book small profit. Later I opened few buy orders too as the pair was gaining bullish power.

      Name:  13.PNG
Views: 15
Size:  22.2 KB

      Reason for Close: As price moved higher I closed the sell stop order manually. Other trades were closed to book profit and few hit the TP as well.

      Close Price: 0.9254, 0.9266, 0.9262, 0.9263, 0.9248 and 0.9247

      Trade Result:

      Profit/Loss: I got profit from scalping and some are handsome as I traded bigger lot. So the profits were 1 942.59$, 323.9$, 97.16$, 54.07$ and 216.29$.
      Last edited by nkhan2810; 02-22-2015 at 06:43 AM.


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