Trader ContestOpen tradesINSTRUMENT... | DIRECTION... | AMOUNT... | ENTRY..... | CURRENT... | P/L (PIPS) |
GBP/USD | LONG | 3.00 | 1.24733 | 1.25950 | 121.7 |
Closed tradesINSTRUMENT... | DIRECTION... | AMOUNT... | ENTRY..... | EXIT........... | P/L (PIPS) |
GBP/CHF | LONG | 2.00 | 1.20086 | 1.22468 | 238.2 |
GBP/CHF | LONG | 3.00 | 1.22303 | 1.24746 | 244.3 |
GBP/JPY | LONG | 2.00 | 128.207 | 130.113 | 190.6 |
GBP/JPY | LONG | 3.00 | 130.241 | 127.443 | -279.8 |
GBP/JPY | LONG | 2.00 | 127.982 | 130.253 | 227.1 |
StatsClick here for monthly stats.CommentI finished the second week of the November contest with equity of 309K. It could have been a lot higher though. I lost at least 50K on the Trump dip when my GBP/JPY position was stopped out and I re-entered smaller at a higher price. Later on, a limit order on the same pair was missed by a couple of pips which costed me additional 100K. On the other hand, if the aforementioned dip would have extended a bit further, I'd have been taken out by margin call procedure. There's three more weeks till the end of this month's contest and I expect some more twists and turns until then.
Technical Analysis ContestI took a great 14th place in the September contest. I say great because my accuracy (0.6095%) wasn't so great but still earned me 57 points. On top of that I was given 15 quality and 10 bonus points. As contest rules already state, it really pays to briefly explain a prediction, used analysis methods and supply the prediction with updates in comments during the forecast period.
Fundamental Analysis ContestAfter five months I managed to win the contest again, with 101 performance (9:4), 87 social and 80 bonus points. The contest now regularly features over 200 participants, so more than ever it makes sens…