Login 8893197
Server InstaForex-Contest.com
Investor h8dtftv
Hello i am trading in EURUSD, AUDUSD and NZDUSD since 2 years now:)))
I am going to trade with news and also use M5 charts ;)
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Login 8893197
Server InstaForex-Contest.com
Investor h8dtftv
Hello i am trading in EURUSD, AUDUSD and NZDUSD since 2 years now:)))
I am going to trade with news and also use M5 charts ;)
1st Order in EURUSD
http://i41.tinypic.com/33ou0wn.png
Vol = 74 Insta lots
Made new order in NZDUSD
Insta lots = 130 :)
Compounded 20 Insta lots more
Order no: 747677491
Profits = $1000
in Euro 50 Insta lots
Order no: 747677679
Profits = $504
in Euro 24 Insta Lots
Order no: 747784365
Profits = $5900
in NZD 100 Insta Lots
Order No: 747784379
Profits = $1475
in NZD 25 Insta lots
Order No: 747784741
Profits = $290
in NZD 5 Insta lots
Order No: 747884220
Profits = $900
in NZD 20 Insta Lots
Order No: 747891269
Profits = $410
in NZD 10 Insta Lots
BUY AUDUSD 190 Insta lots
http://i42.tinypic.com/r28gmc.png
Order no: 747938354
Profits: $6825
175 Insta Lots
Order no: 747938357
Profits: $195
5 Insta lots
Order no: 747939739
Profits: $190
5 Insta lots
Order no: 747940373
Profits: $175
5 Insta lots
Order no: 747979107
Profits: $1500
100 Insta Lots
Order no: 747979126
Profits: $1800
100 Insta Lots
Order no: 747979398
Profits: $1300
100 Insta Lots
Order no: 748060285
Loss : -$4200
200 Insta Lots
Order no: 748060285
Profits: $9200
200 Insta Lots
A Brief Description about my Trading Strategy
I have learnt trading using the charts basically the line charts. I firmly believe that charts have all the story in them.
It is the 1 minute charts i follow everyday M1 and then over all trading ranges are seen from the M15 and H1 charts.
Have a look at the M5 EURUSD Charts now
http://i41.tinypic.com/2ecjk9t.png
Todays trade Analysis
At the 1.3000 levels the Euro had bottomed out. I do keep an eye on the news that is coming out of the Europe but then in the Pre London the slide was present and in the London session the Euro could not fall further.
And this means that the market participants ( big time traders ) were waiting for the positive confirmation from the Greece about the bailout plan. And the S&P 500 Futures were down at the London session making the Euro bearish.
That was the reason why i had lost some $4200 in the sell trade which was ultimately wrong and then i immediately closed in loss.
I was confirmed about it reaching the levels of 1.3100 which it did and i closed the trade to book the profits of $9200 recovering my earlier losses also. :)
You are playing nicely into the contest and great to see on 2nd position into monitoring. Hope you will reach top position, if keep playing good as presently. Good luck for contest and your upcoming trades.
Can you tell me, how compounding done during the trading, because myself not had any idea about compounding. I will definitely try it out, if you let me know over here.
Compounding = Like i have made a Sell on Euro and then after some time i am confirmed about the trade and it is also running into profits. The i will increase more volumes to get more profits and this is known as compounding.
It gets more profits but needs to be used with money management.
Nice trading dude.Keep it up. I see you have done some very good trades and i hope your current trades do not ruin all your hard work.
Best of Luck
First chance lost as the account has been blown. Hope to see you in a better position in your second chance.
Thread Closed!