elmagnifico's Blog

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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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6th of August

6th of August
Back on the trader contest platform after some time off for the world cup, real life, travel and from concentrating the little trading time I´ve had on my live account. I´m going to try and stay on the contest platform for the whole of this month as much as possible. Here are my opening trades of the month.
This month - I´ll try and use the trader contest game rules to the fullest. Doing all trades with conditional orders and wait for the set take profit target to be hit. Also usin…
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