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  • Results 1 to 7 of 7

    Thread: 66723948 - Team AUD/USD - Support and resistance levels

    1. #1 Collapse Post
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      Default 66723948 - Team AUD/USD - Support and resistance levels

      Login: 66723948

      Investor: dcrjko74

      Server: InstaForex-Contest.com


      I will be trading with the AUD/USD pair for this new contest. I will use the Resistance and Support level to trade breakouts on the M15 M30 H1, H4 and Daily time frames.

      This strategy is one of the simplest Forex trading strategy, and you can learn more about it by following this link below -

      https://forum.mt5.com/showthread.php...istance-levels

      My target is to make 10 times my initial balance.

      I wish all my teammates Good-luck.


    2. The following 6 users say Thank You to chimasky for this useful post.

      dedy hari kurniawan (02-09-2015), ding dong (02-08-2015), kissshore (02-09-2015), NikitaBelle (02-06-2015), OnlyGainer (02-09-2015), zahid4x (02-08-2015)

    3. #2 Collapse Post
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      Default

      I have placed 2 pending orders on the AUDUSD pair and I am anxiously waiting for any of them to be triggered.

      The 1st pending order (Sell Limit) number is 845065364, is at 0.7790 with lot size 50 and Take Profit order at 0.7590

      The 2nd pending order (Sell Stop) number is 845066029, is at 0.7758 with lot size 50 and Take Profit order at 0.7728

      There is a strong resistance at 0.7795 and the market may resume its bearish movement after closing the gap formed and at the same time touch the resistance level before going straight down.


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

      kissshore (02-09-2015)

    5. #3 Collapse Post
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      Default

      Please recheck your investor password. I can't login with your given pass in multiterminal. it shows "invalid account".


    6. #4 Collapse Post
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      Default

      Quote Originally Posted by OnlyGainer     
      Please recheck your investor password. I can't login with your given pass in multiterminal. it shows "invalid account".
      I have tried login in with my investors password and it works.

      Account: 66723948
      Investor: dcrjko74

      Pls try it again

      ---------- Post added at 03:28 PM ---------- Previous post was at 07:52 AM ----------

      Wow this pair is unpredictable, it just keep beaking through the immediate resistance levels and right now I am in a floating minus of about 5000 dollars.

      I hope this pair will retrace soon and continue its bearish movement.


    7. #5 Collapse Post
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      Default

      Quote Originally Posted by chimasky     
      I have tried login in with my investors password and it works.

      Account: 66723948
      Investor: dcrjko74

      Pls try it again

      ---------- Post added at 03:28 PM ---------- Previous post was at 07:52 AM ----------

      Wow this pair is unpredictable, it just keep beaking through the immediate resistance levels and right now I am in a floating minus of about 5000 dollars.

      I hope this pair will retrace soon and continue its bearish movement.
      Chima, do not worry so much even though you are in that lost now... the contest is still early for you to give up..

      we still have 14 trading days to go.. trade with little risk now and gradually build up your account again..

      do not be too much in a haste to cover up for the loss. just take it as though what you have now is your starting balance and trade with relax mind

      Goodluck. Hope to see you on top at the end of this contest
      IF YOU WANT TO LAST LONG IN THE MARKET THEN APPLY THIS SIMPLE METHOD

      https://forum.mt5.com/showthread.php?86700-The-Splitting-lot-size-Method-of-Trading


    8. The Following User Says Thank You to systematicfx For This Useful Post:

      chimasky (02-09-2015)

    9. #6 Collapse Post
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      Default

      I have opened another pending order on the AUDUSD pair.

      The pending order (Sell Stop) number is 845248173, is at 0.7715 with lot size 50.

      The strong resistance at 0.7845 and the market may soon resume its bearish movement. So if the market price is able to close below the immediate support at 0.7719, it will go all the way down to about 0.7645 or below.

      ---------- Post added at 10:58 AM ---------- Previous post was at 02:18 AM ----------

      Since the pair is still moving in sideways or range, I decided to scalp for small profits instead.

      Sell AUDUSD pair with order number 845260169, at 0.7775 with lot size 50.

      Sell AUDUSD pair with order number 845249687, at 0.7781 with lot size 50.

      Sell AUDUSD pair with order number 845251089, at 0.7781 with lot size 50.

      Sell AUDUSD pair with order number 845251064, at 0.7782 with lot size 1.

      Sell AUDUSD pair with order number 845251753, at 0.7789 with lot size 1.

      Sell AUDUSD pair with order number 845251746, at 0.7789 with lot size 1.

      Sell AUDUSD pair with order number 845251736, at 0.7789 with lot size 1.

      Sell AUDUSD pair with order number 845251725, at 0.7789 with lot size 1.

      Sell AUDUSD pair with order number 845251732, at 0.7790 with lot size 1.

      Sell AUDUSD pair with order number 845251729, at 0.7790 with lot size 1.

      Sell AUDUSD pair with order number 845251728, at 0.7790 with lot size 1.

      Sell AUDUSD pair with order number 845251718, at 0.7790 with lot size 1.
      Last edited by chimasky; 02-11-2015 at 01:56 AM.


    10. #7 Collapse Post
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      Default

      I will update my trades report later because I lost almost all my account balance today after doing very well in scalping earlier today.

      Nevertheless, I will still try increase my balance as much as I can.


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