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  • Page 2 of 2 1 2
    Results 11 to 19 of 19

    Thread: 66042624 - Support and Resistance trading

    1. #11 Collapse Post
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      3rd Order (Date: 12.09.2013)

      Order Number: 806461735
      Pair: GBPJPY
      Type: Buy
      Lot size: 1
      Price: 157.63
      SL: N/A
      TP: 157.85
      Result: Closed with a profit of 22.15

      Reason: I did this trade based on price action and since the prize dropped down a little, so I entered long.



      4th Order (Date: 12.09.2013)

      Order Number: 806484166
      Pair: EURJYP
      Type: Buy
      Lot size: 7
      Price: 132.03
      SL: N/A
      TP: 132.25
      Result: Closed with a profit of 154.87

      Reason: I did this trade because pair did not break the support 131.90 and move toward its first resistance.



      5th Order (Date: 16.09.2013)

      Order Number: 806654641
      Pair: EURJYP
      Type: Buy
      Lot size: 7
      Price: 132.04
      SL: N/A
      TP: 132.25
      Result: Closed with a profit of 148.33

      Reason: Same like previous trade, I did this because pair did not break the support 131.90 and move toward its first resistance.
      Last edited by Passionate Pisces; 09-21-2013 at 12:36 PM.


    2. The Following User Says Thank You to Passionate Pisces For This Useful Post:

      azmassi (09-21-2013)

    3. #12 Collapse Post
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      6th Order (Date: 17.09.2013)

      Order Number: 806737075
      Pair: GBPJPY
      Type: Buy
      Lot size: 10
      Price: 157.67
      SL: N/A
      TP: 157.85
      Result: Closed with a profit of 181.30

      Reason: I did this trade because that was a support area 157.50.



      7th Order (Date: 17.09.2013)

      Order Number: 806741648
      Pair: EURJPY
      Type: Buy
      Lot size: 20
      Price: 132.44
      SL: N/A
      TP: 132.60
      Result: Closed with a profit of 322.26

      Reason: In M30 chart there was a support at 132.39 that's why I bought the pair and set the tp near the resistance 132.62



      8th Order (Date: 17.09.2013)

      Order Number: 806762829
      Pair: GBPJPY
      Type: Buy
      Lot Size: 50
      Price: 157.70
      SL: N/A
      TP: 157.90
      Result: Closed with a profit of 1007.76

      Reason:Once again entered trade near support area 157.50.



      9th Order (Date: 17.09.2013)

      Order Number: 806763039
      Pair: EURJPY
      Type: Buy
      Lot size: 50
      Price: 132.44
      SL: N/A
      TP: 132.60
      Result: Closed with a profit of 806.05

      Reason: In M30 chart there was a support at 132.39 that's why I bought the pair and set the tp near the resistance 132.62


      10th Order (Date: 18.09.2013)

      Order Number: 806798361
      Pair: EURJPY
      Type: Buy
      Lot size: 1
      Price: 1332.15
      SL: N/A
      TP: 132.25
      Result: Closed with a profit of 10.09

      Reason: Entered this trade also near support 132.07


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

      dzin4aans (09-25-2013)

    5. #13 Collapse Post
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      11th Order (Date: 23.09.2013)

      Order Number: 807077181
      Pair: EURJPY
      Type: Sell
      Lot size: 200
      Price: 133.79
      SL:
      TP: N/A
      Result: Closed with a profit of 3840.71

      Reason: I did this trade based on price action and since the prize was dropping down continuously, so I entered short.



      12th Order (Date: 23.09.2013)

      Order Number: 807118666
      Pair: EURJPY
      Type: Sell
      Lot size: 200
      Price: 133.28
      SL: N/A
      TP: 133.20
      Result: Closed with a profit of 1620.25

      Reason: I did this trade based on price action and since the prize was dropping down continuously, so I entered short.


    6. The Following User Says Thank You to Passionate Pisces For This Useful Post:

      dzin4aans (09-25-2013)

    7. #14 Collapse Post
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      I got a margin call today and now my balance is 687.52


    8. The following 2 users say Thank You to Passionate Pisces for this useful post.

      Bao Long (09-26-2013), National Guard (09-26-2013)

    9. #15 Collapse Post
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      Quote Originally Posted by Passionate Pisces     
      I got a margin call today and now my balance is 687.52
      Sad to hear that our another moderator of the forum is blown away their account but you had stay long into the contest and fight until last minute as you still had balance to bounce back into the contest.
      Good luck for your future contest and trades.
      Keep learning to reach the success

      Million Dollar Journal


    10. The following 3 users say Thank You to bigearners for this useful post.

      dzin4aans (09-25-2013), National Guard (09-26-2013), Passionate Pisces (09-26-2013)

    11. #16 Collapse Post
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      Quote Originally Posted by Passionate Pisces     
      I got a margin call today and now my balance is 687.52
      Wow.. moderators can get careless too I see.

      I have lost all of my two years posting bonus too recently and start from zero again.

      But if you get margin call how can you still have 600 $ ?

      Or is it 600 cent ?


    12. The following 2 users say Thank You to Bao Long for this useful post.

      Black Mamba (09-26-2013), dzin4aans (09-27-2013)

    13. #17 Collapse Post
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      Quote Originally Posted by Bao Long     
      Wow.. moderators can get careless too I see.

      I have lost all of my two years posting bonus too recently and start from zero again.

      But if you get margin call how can you still have 600 $ ?

      Or is it 600 cent ?
      Bao Long,

      It is a Demo Contest,hence no risk and you seemed to have lost in Real trading with Bonus $$$

      Or Am I missing something...!?

      Well oh!

      Sigh
      The Real Money is in 100% Compounding


    14. #18 Collapse Post
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      Quote Originally Posted by Bao Long     
      Wow.. moderators can get careless too I see.

      I have lost all of my two years posting bonus too recently and start from zero again.

      But if you get margin call how can you still have 600 $ ?

      Or is it 600 cent ?

      Yeah, it was a stop out. If you use a very high volume which needs a huge margin then you get a stop out at 10% of the margin used. Since I am left with 687 $, it means I opened trades with very huge lot sizes whose margin was 6870$ so once the equity became 687$, my positions were closed automatically.

      Between, sorry for your real account.


    15. #19 Collapse Post
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      Your final equity is 591.30$.

      Thread Closed!


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