My contest account is currently at 35k, made 10k today. My short on the GBPJPY was quite good. 80 pips in the bank, should have been more if i was glued to my screen all day..

It also gave returns on my new live dukascopy account..

After taking my contest account to 25k, it is almost like my focus is sharpened, i am looking for only profitable trades. No more gambling for me!


Sure, i am going to take risks, but only those with a high chance of success. All my trades have to be at full margin, at 35k i am no where near the top 30 contestants..

On the currency scene, the yen gained some strength pushing the yen pairs down. They have done some reasonable retracement, i intend to get back in there.. But with the FOMC release due, it can go either way. If the FOMC minutes favour the USD, USDJPY will climb up, taking the EURJPY and GBPJPY along with it.

The USD is showing signs of a strong recovery, it has been down for quite awhile. My plan is to set a pending order for the USDNOK to go long. Happy trading folks.
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