elmagnifico's Blog

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Some skillful shorting and a long position.

January the 9th,
Week heading into close and I made some snips of my trades at the end of the week. I'm lurking beneath the top 5 but will it last?. It seems very easy in this competition to make a good start - but very difficult to stay focused on the game throughout the whole of the month. I'm going to imagine it's real money this month
The 14:30 CET economic figures of the day proved excellent for me, although probably disastrous for some, and I made the most out of it. I wanted to do a secon…
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7th of August

The end of week 1 is near. After cashing in all winning positions on conditional orders with a tight TP on each - profit was marginal for the great potential in these charts. The main economic event of the week, number of pips speaking that is, was this morning´s Australian employment change. I had set up good positions on EUR/AUD and AUS/USD that could have made 75+ easily but had the default 20 pip take profit order on each This can easily be seen in the screenshot below.
I also opened new p…
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