Last edited by Aviz; 12-14-2012 at 06:01 PM.
Great going mate. Your current equity is 25.62$.
17-12-2012 Trade setup
as market open with huge gap so i dont like to enter in this market. although some ppl like to trade when there is a huge gap.
on other hand my analysis was correct that EURJPY touch its year high.
on 18-dec-2012 i face loss of 6$
now i just recover my loss and still on 25$ as eurjpy love bullish trend.. this is due to economic crisis on japan because of election
also i thought it was a month contest but it was not its just for 3 weeks
any way .. good luck to all who already got positions/
20-Dec-2012 Trade Setup :
watching last day movement of the pair, it try to retrace it self and there was conformation after the long bar which shows seller are betting on the pair, so there was room for me to make a short order and i do the same with lot size 0.05 tp 50+ pips.
Target achieved total balance 28$
Last edited by Aviz; 12-20-2012 at 03:26 PM.
Im adding few changes in my trading strategy, (for my live trading)
1st is that i will place stop loss and that would be less then or equal to profit as per conditions. (not more then that)
2nd is that when ill find a new trend making place i will divide my order in to two parts 1st with daily tp as normal trade and second will last till new trend is formed.
This is to minimize the loss.
you had done marvelous job into the contest.
Seems to be part of winner list soon.
Keep learning to reach the success
Million Dollar Journal
Your final equity is 23$ so will check you in detail later.