65700591 - Sniper Trade Attempt on EJ / EG / UJ / GU using Price Action + MA + Pivot

[dan.blanchot]

Hehe.. The contest has now ended..

This is an update of my performances in these two weeks...



Analytics of performances done by myfxbook :







I am still way behind andi_lan! lol...

p/s : unfortunately, there are still a few open orders running when the contest has been closed.. huhu... too bad for me! but, hey, what important is I got to show that I can trade and these are my trading performances..

[dan.blanchot]

My trade for this week -



Sorry, I am a bit busy with my trading - both for this contest and live account. I can't update regularly..
For information, I am a reversal trader... Most of my entries were based on rejection at the pivot levels with a confirmation from a cs pattern... At times, I also trade with trend.. with the help from the moving averages..

[dan.blanchot]

This week performances...



I must say that today's trading, this account almost hit its margin call...
due to the bigger lot size usage.. hehe...

So, from this demo contest account, lesson learned that can be applied to real live account is that even if you have enough capitals / huge capitals, always try your best to secure your trading capitals. Why should you give up your hard earned funds to the market...

Fortunately, market moves as expected today...
Nice trades with moving averages and pivot levels..

[dan.blanchot]

wuiihh!!
today's hard work to cover monday's losses... hehehe... :'(
bad call.. to enter the market on a ranging day..



larger view here - http://postimage.org/image/6kobzdcol/


losses on mon is due to :

1. not enter the market based on rules.. hehe..
2. forgot that this is an eurica account.. I have to close orders after gaining more than 3pips to cover the spread..

---------- Post added 03-06-2013 at 06:49 AM ---------- Previous post was 03-05-2013 at 06:30 PM ----------



For larger view : http://postimage.org/image/7juxdpqud/


Reason for entry : Double top...

---------- Post added at 09:57 AM ---------- Previous post was at 06:49 AM ----------

update up until this hour

[dan.blanchot]

tq fakermane..

ok.. this is my first entry for today 4/3/2013..



for larger view, click here - http://postimage.org/image/nt9z8cjyr/

reason :
1. due to huge market momentum for long on last friday.. n market seems cannot break the previous long cs..
2. support and demand area on larger timeframe..

future action :
1. will add in buy positions..
2. will exit if price manage to break the support area...

caution : aggressive entry. no clear trend for now.. only bias on long due to previous market momentum..

update : -ve floating.. lol.. will continue update after all trades have been closed.

[fakermane]

Hello Bro, I though no one would use Indicator here.. lol..
Good Luck bro.. !!

[dan.blanchot]

Hello..

I am currently testing my skills on a micro account, but since Indian-forex forum has just opening a new trading contest I am thinking of participating too..
Who knows I might as well win the price and at the same time, having a great time testing and practicing on my skills.


Here's a little info on the account and how I am plan to trade on it :

Acc : 65700591
Investor pw : vlo2lis

Capital : $5000
Leverage : 1:100
Acc Type : Eurica

Trading Tools for Execution and Exit : Will based on price action + moving averages + pivot

Pairs : EURJPY / USDJPY / EURGBP / GBPUSD
( Whenever there's a good opportunity on each of the above pairs, I'll enter the market )


p/s : My entry may not be accurate, as I am still practicing to become a sniper trader. Whatever the results may be, I do hope I'll get support from members!