Earn up to
$50000
for inviting friends
to get StartUp Bonus
from InstaForex
No investments required!
GET BONUS
55%
from InstaForex
on every deposit
Page 1 of 2 1 2
Results 1 to 10 of 19

Thread: 66042397/cefkvz08;Scalping of EUR/USD & GBP/USD by BB & RSI

  1. #1 Collapse Post
    It's time to retire!
    I am:
     
    goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333's Avatar
    Posts
    28,022
    Accumulated bonus
    5102 USD (What is this?)
    caught pokemons
    400 (What is this?)
    Thanks
    5,797
    Thanked 6,264 Times in 2,489 Posts
    SubscribeSubscribe
    Subsribed 0

    Lightbulb 66042397/cefkvz08;Scalping of EUR/USD & GBP/USD by BB & RSI

    Hello Rest of the World folks...!

    I joined the bandwagon too...!

    Well,they say,"Participating is more important than Winning";lets see....!

    My Account Details:

    Login: 66042397
    Investor: cefkvz08

    My Strategy:

    To Scalp EUR/USD and GBP/USD with Bollinger Bands(BB) and Relative Strength Index(RSI) probably in the M15 Time Frame...!

    I had done this way back,so hopefully I can make out something from it...!

    Lets do this...!

    Cheers



    Final trading statement for our members' learning purpose:

    Name: FireShot Screen Capture #126 - 'Statement_ 66042397 - goodguy333' - _D__MT5 Sections - mod job_S.png Views: 418 Size: 116.5 KB

    to view bigger picture:
    1. open the above picture in new tab,
    2. click to zoom the picture
    Last edited by PhantomTrader79; 10-03-2013 at 11:27 AM.
    The Real Money is in 100% Compounding

    Thanks  

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

    akiraolivia (09-05-2013), dzin4aans (09-05-2013), PhantomTrader79 (10-04-2013), tillthen4u (11-14-2013)

  3. #2 Collapse Post
    It's time to retire!
    I am:
     
    dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans's Avatar
    Posts
    16,373
    Accumulated bonus
    3444 USD (What is this?)
    caught pokemons
    9 (What is this?)
    Thanks
    50,384
    Thanked 21,236 Times in 5,197 Posts
    SubscribeSubscribe
    Subsribed 1

    Default

    Glad to see your thread Good luck with your trading and hopefully your strategy works brilliant, so we could get some boost for our team in equity

    Thanks  

  4. 2 users say Thank You to dzin4aans for this useful post.

    akiraolivia (09-05-2013), goodguy333 (09-12-2013)

  5. #3 Collapse Post
    It's time to retire!
    I am:
     
    goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333's Avatar
    Posts
    28,022
    Accumulated bonus
    5102 USD (What is this?)
    caught pokemons
    400 (What is this?)
    Thanks
    5,797
    Thanked 6,264 Times in 2,489 Posts
    SubscribeSubscribe
    Subsribed 0

    Red face

    Sorry for late reply and trading...!

    I had some issues...!

    Did couple of Trades today,but with JPY pair,AUD/JYP to be precise,for 2 Lots overall

    Results:
    Name: MT5 ROW Contest 1.png Views: 1271 Size: 12.6 KB

    It was based on Technicals,and Targeted ~5 Pips...!

    I want to further it on JPY itself,seems good enough...!

    But then,may be time is running out and I still have far to go...!

    Just don't want to get Margin Call/Stop Out

    Hope good

    Cheers
    The Real Money is in 100% Compounding

    Thanks  

  6. 2 users say Thank You to goodguy333 for this useful post.

    dzin4aans (09-12-2013), tillthen4u (11-14-2013)

  7. #4 Collapse Post
    It's time to retire!
    I am:
     
    goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333's Avatar
    Posts
    28,022
    Accumulated bonus
    5102 USD (What is this?)
    caught pokemons
    400 (What is this?)
    Thanks
    5,797
    Thanked 6,264 Times in 2,489 Posts
    SubscribeSubscribe
    Subsribed 0

    Red face

    Hiya Folks did some Trades...!

    Balance as of today:$10,020.67~0.2% increase in Profit

    Very low but Account still intact...!

    Gotta up the ante next week,if I can maintain the tempo and set up good Trades

    Here is the Statement,as of today:

    Name: Statement.png Views: 407 Size: 843.5 KB

    Happy and Profitable Trading to those still in the Contest...!

    All the very best

    Cheers
    The Real Money is in 100% Compounding

    Thanks  

  8. The Following User Says Thank You to goodguy333 For This Useful Post:

    dzin4aans (09-18-2013)

  9. #5 Collapse Post
    It's time to retire!
    I am:
     
    Humza has a reputation beyond repute Humza has a reputation beyond repute Humza has a reputation beyond repute Humza has a reputation beyond repute Humza has a reputation beyond repute Humza has a reputation beyond repute Humza has a reputation beyond repute Humza has a reputation beyond repute Humza has a reputation beyond repute Humza has a reputation beyond repute Humza has a reputation beyond repute Humza's Avatar
    Posts
    15,869
    Accumulated bonus
    3075 USD (What is this?)
    Thanks
    5,001
    Thanked 4,077 Times in 2,047 Posts
    SubscribeSubscribe
    Subsribed 0

    Default

    Good work mate its a 3 week contest so nothing else to do now just keep the account and make sure you do at least 10 trades in those 3 weeks.

    Though trading on financial markets entails high risk, still it can generate extra income on condition that you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.

    Thanks  

  10. 2 users say Thank You to Humza for this useful post.

    dzin4aans (09-18-2013), goodguy333 (09-14-2013)

  11. #6 Collapse Post
    It's time to retire!
    I am:
     
    goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333's Avatar
    Posts
    28,022
    Accumulated bonus
    5102 USD (What is this?)
    caught pokemons
    400 (What is this?)
    Thanks
    5,797
    Thanked 6,264 Times in 2,489 Posts
    SubscribeSubscribe
    Subsribed 0

    Red face

    Did some Trades today but again with lower Lots only...!

    May be I am cautious,but then,I will go aggressive once I know it gonna end good!

    So playing ok for now since more concerned about saving account then earning more

    Cheers
    The Real Money is in 100% Compounding

    Thanks  

  12. 2 users say Thank You to goodguy333 for this useful post.

    dzin4aans (09-18-2013), National Guard (09-17-2013)

  13. #7 Collapse Post
    It's time to retire!
    I am:
     
    goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333's Avatar
    Posts
    28,022
    Accumulated bonus
    5102 USD (What is this?)
    caught pokemons
    400 (What is this?)
    Thanks
    5,797
    Thanked 6,264 Times in 2,489 Posts
    SubscribeSubscribe
    Subsribed 0

    Cool

    Did some Trades yesterday,some with big lots...!

    It was a good day for me...!

    I had opened the Trades within the Support and Resistant Price of the Pair(s) and targeted 2-5 pips,tops

    I had to expand to other majors than listed in my title for obvious reasons...!

    But then,Markets seems to be a bit choppy and wayside to me,so I gotta be cautious...!

    Happy Contesting

    Cheers
    The Real Money is in 100% Compounding

    Thanks  

  14. The Following User Says Thank You to goodguy333 For This Useful Post:

    dzin4aans (09-18-2013)

  15. #8 Collapse Post
    It's time to retire!
    I am:
     
    dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans has a reputation beyond repute dzin4aans's Avatar
    Posts
    16,373
    Accumulated bonus
    3444 USD (What is this?)
    caught pokemons
    9 (What is this?)
    Thanks
    50,384
    Thanked 21,236 Times in 5,197 Posts
    SubscribeSubscribe
    Subsribed 1

    Default

    Thats great mate your doing well, keep up the performance There is no reason to take huge risk, if you get any profits, fill the 10 trade rule, 10 lot rule, ROW team, wins you will end up getting prize anyway
    However try to report every trade too, its a part of the rules and I've seen some good users in previous contests being disqualified because they didn't report all of their trades.

    Thanks  

  16. The Following User Says Thank You to dzin4aans For This Useful Post:

    goodguy333 (09-18-2013)

  17. #9 Collapse Post
    It's time to retire!
    I am:
     
    goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333's Avatar
    Posts
    28,022
    Accumulated bonus
    5102 USD (What is this?)
    caught pokemons
    400 (What is this?)
    Thanks
    5,797
    Thanked 6,264 Times in 2,489 Posts
    SubscribeSubscribe
    Subsribed 0

    Red face

    Did 1 Trade today on USD/JPY for 0.10 Lot Size

    Open Price:98.95

    Take Profit:99.02

    Result:TP hit

    Profit/Loss:$0.71

    Reasons for Trade:

    USD/JPY was heading south towards their Support prices and hence there was bound to be re-bound/re-tracement.Hence a quick Scalping for some expected profits...!

    Market is bit of sluggish,hence went for lower Lot and of course,major news announcement

    Thanks

    ---------- Post added 09-19-2013 at 02:11 PM ---------- Previous post was 09-18-2013 at 05:57 PM ----------

    Did 3 Trade today on GBP/USD for 0.10,100,300 Lot Size(0.10 Lot opened by mistake)

    1. Order 1:Open Price 1.6118 TP:1.6115 Profit/Loss:+$0.30
    2. Order 2:Open Price 1.6119 TP:1.6115 Profit/Loss:+$400
    3. Order 3:Open Price 1.6092 TP:1.6090 Profit/Loss:+$600

    Reasons for Trade:

    Cable had moved to the upper part of the resistance about 1.6140,and as some course correction was required making it pushing down a bit.

    Hence,went for some quick Sell by Scalping for few Pips

    Will look for other opportunities,today,though some pairs are still looking sluggish for me...!

    Thanks
    The Real Money is in 100% Compounding

    Thanks  

  18. The Following User Says Thank You to goodguy333 For This Useful Post:

    dzin4aans (09-18-2013)

  19. <a href="https://www.instaforex.com/">InstaForex</a>
  20. #10 Collapse Post
    It's time to retire!
    I am:
     
    goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333 has a reputation beyond repute goodguy333's Avatar
    Posts
    28,022
    Accumulated bonus
    5102 USD (What is this?)
    caught pokemons
    400 (What is this?)
    Thanks
    5,797
    Thanked 6,264 Times in 2,489 Posts
    SubscribeSubscribe
    Subsribed 0

    Red face

    Did 1 Trade today on USD/JPY(Sell) for 100 Lot Size

    1. Order 1:Open Price 99.42 TP:99.35 Profit/Loss:+$704.58
    Reasons for Trade:

    Both the USD and JPY were sluggishly moving and I tried to corner some pips via their first support and resistance points between around 99.45 and 99.30

    Hence,went for some quick Sell by Scalping for few Pips

    Though this pair is not giving some clear indication to me...!

    Thanks

    ---------- Post added at 09:10 PM ---------- Previous post was at 02:59 PM ----------

    Did another Trade today on EUR/USD(Sell) for 100 Lot Size

    1. Order 2:Open Price 1.3535 TP:1.3530 Profit/Loss:+$500
    Reasons for Trade:

    Though the prices are moving a bit sluggish moving around 1.3545 and 1.3520 in the 5M TF testing their nearest Resistance and Support prices,hence went for some quick scalping taking advantage of bit of volatility

    Methinks it will settle around 1.3535-1.3545 today and resume its journey come next Trading day on Monday...!

    Thanks
    The Real Money is in 100% Compounding

    Thanks  

  21. 2 users say Thank You to goodguy333 for this useful post.

    bidyut (09-21-2013), dzin4aans (09-20-2013)

Page 1 of 2 1 2

Subscribed to this Thread : 1

Open

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts