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Thread: 67241437 - Price action based on fundamentals

  1. #1 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Default 67241437 - Price action based on fundamentals

    Account Information


    Account No: 67241437
    Investor Password: xfhepf00
    Server: InstaForex-Contest.com
    Chosen Stock Market Data: DAX30
    Currency Pair: GBP/USD, GBP/JPY EUR/USD, maybe EUR/AUD if there is a strong entry
    Time Frame: Daily, 4h and 1h on some occasions.
    Involved strategies: How to trade based on Fundamentals? and EUR/AUD trading strategy

    Trading history:

    I've done fine in past trading tournaments and always probably lost out due to bigger than necessary risk. So that is something to take in my mind. Since leverage is 1:50 that risk wont be as huge as it would be with 1:1000 leverage and I am going to build on that my success story.
    I hope I will manage to update my all trades but the updates will come in the evening, trades will be probably more often during the day and sometimes right after the daily close.

    Good luck to all participants!


  2. 7 users say Thank You to dzin4aans for this useful post.

    azmassi (06-12-2016), dedy hari kurniawan (04-12-2016), forexianz (05-12-2016), goodguy333 (04-12-2016), NikitaBelle (04-12-2016), Passionate Pisces (08-12-2016), PhantomTrader79 (11-12-2016)

  3. #2 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Hello Mod

    Nice strategy with Fundamentals based Price Action,probably locked on "Key Levels"

    GBP/JPY is a Monster and good for long term trading usually!

    As usual,best wishes for the competition

    Cheers
    The Real Money is in 100% Compounding


  4. 2 users say Thank You to goodguy333 for this useful post.

    dzin4aans (04-12-2016), PhantomTrader79 (11-12-2016)

  5. #3 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Quote Originally Posted by goodguy333     
    Hello Mod

    Nice strategy with Fundamentals based Price Action,probably locked on "Key Levels"

    GBP/JPY is a Monster and good for long term trading usually!

    As usual,best wishes for the competition

    Cheers
    Thank you mate I wish you a lot of success in your contest attempt, I hope it goes really good for you

    I made a terrible mistake since I had my terminal set for bonus account and I had UJ chart setup there and opened a trade on UJ by mistake which is not allowed, so for now those profits I have really are not there and probably I can warn myself for doing this... Thats what happens when I manage multiple accounts

    Update will follow regarding first "legit" order.

    UPDATE:

    Trade Details:

    Trade No. : 1
    Order No. : 873391950
    Order Type: BUY
    Pair: GBP/USD
    Open Price: 1.2708
    Stop Loss: N/A
    Take Profit: 1.2788
    Volume: 30 lots


    Reason For Open:
    Since GU is going up, its something to keep in mind, risk sentiment is rocking and GU is definitely gaining a lot from that. I do not have a chart at this point because its more a fundamental order because I didnt get any price level but instead got in to ride the move to crucial 1.28 level.


  6. 2 users say Thank You to dzin4aans for this useful post.

    NikitaBelle (07-12-2016), PhantomTrader79 (11-12-2016)

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