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yes, maybe make some peoples shocked, like me, but that's forex bro, money can be 1000% in 1 weeks is possible in forex market
Yes, we have 5 people over 500% in 3 1/2 days proving their skill for for 1month to have 1K managed account as first prize.
Question: if you have this skill, will you use it for a such prize or for your own real account? Put 500 bucks and reach per week reach 500% (fourth contest position) and do the math.
The next week I'll be focusing on EURCHF and EURJPY. Both pairs are shoving similar properties (up trend channel + nearby resistance level).
One of my first trade ideas ever published:
Here is the EURCHF 4-hour chart. It's showing the uptrend channel and also key resistance level (blue) and descending trendline from the daily chart. The trade idea is to BUY if it breaches the resistance AND the trendline or to SELL if it breaches the bottom of the channel (closes outside it). Alternative BUY signal would be, if the price bounces off the bottom of the channel.
T/P 100pips, S/L in all cases should be around 40-45pips but not more than 1-2% of the equity. If you can't afford such S/L, do not trade. Also some S/L moving technique should be applied or at least 35pips trailing stop.
Update: Im currently in a long trade on EURCHF after breaching the resistance and trendline.
On EURJPY the price bounced from the channel's bottom and Im also long there with nice 97pips open profit
Update: Im currently in a long trade on EURCHF after breaching the resistance and trendline.
On EURJPY the price bounced from the channel's bottom and Im also long there with nice 97pips open profit
Dear Traders,
Competition results are available at Results.
Any account with the balance above 5000 will be indicated in the top list.
Have a good trades!
Dear Traders,
Competition results are available at Results.
Any account with the balance above 5000 will be indicated in the top list.
Have a good trades!
It could be better if we can see statements or investor password
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