Free $25 Sign-up Bonus Upon Opening Forex Account

[ptaczek]

Also a friend of mine joined my backtest session today and it was a real adventure. Imagine two guys sitting in front of the computer, one crunching the data and the other one building a simple trading system based on the data analysis. It was very nice experience and we are going to repeat that in the near future

[ptaczek]

Contest standings update:

82510 Alecsandro Fernandes da Silva 51 897.99 (incredible!)
82416 SAR 43 234.82
89773 Nikolay Panayotov 37 917.44
83836 Mohd Ilham Zulkifli 27 749.79
80712 Ramdas M Dumbre 25 630.35
89721 Anwarul Haq Bin Hashim 23 296.35
88570 Solodkiy Stepan 18 430.10
82517 Marcos Eduardo ******to Corazza 17 294.28
83280 Sana Almaaita 16 988.44
80909 Muhammad Naeem Hasan 15 655.99
84678 zaidi bin abu bakar 15 509.34
81872 zitzak rabbyn s 14 228.44
84717 Alireza Kariman 14 054.62
83444 rian amukti 13 759.62
89239 Kazim Rizve 13 544.75
85938 Chenhongfen 12 348.31
88502 razali 12 197.44
88650 Hanizam Ujang 11 899.72
89158 frenki 11 424.03
88931 Rami Khaled alkhatib 11 283.05
86529 David Alfa Perdana 11 212.23
84989 Putu Aryana 11 074.56
84679 Leong Tian Su 10 997.51
88950 azmi sulaiman 10 526.00
89161 wahyudi 10 501.63
89319 SAHIRAN BIN AHMAD 10 460.46
88379 rostam effendi bin mohamad 10 203.62
82799 Mohd Fikri Che Husin 10 175.60
80761 Jaume Torne 10 115.10

[ptaczek]

btw: today I started a blog about trading in czech language. I plan to publish results of my reserach which will be in english. As soon as I'll compile first results regarding hourly and daily ranges of few currency pairs, I'll put a link here, so you can benefit from the information

[ptaczek]

In the next week Im going to focus mainly on EURCHF and EURJPY. Both pairs are trading in nice uptrend channel and both are reching key resistance levels so it's time to be prepared and put on some trades if it evolves into entry signal.

USDJPY is now also showing similar properties as EURCHF and EURJPY but it's not in my focus spot. So maybe Im going to trade it on the contest account

[ptaczek]

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 breches the bottom of the channel.

[ptaczek]

And here we go:
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

[ptaczek]

It was faster than I expected. I banked 100pips on EURJPY and 37pips on EURCHF today. Cool

[ptaczek]

Also, the contest standings are now online at Results
All accounts ABOVE $5000 will be listed there.

[Alizain]

Originally Posted by ptaczek

It was faster than I expected. I banked 100pips on EURJPY and 37pips on EURCHF today. Cool

yuppss that's nice profits results, please post your EJ analysis i am interested it too

[Alizain]

Originally Posted by ptaczek

Also, the contest standings are now online at Results
All accounts ABOVE $5000 will be listed there.

hi, look the top position, espescially the no.1 have 65 k balance

btw : have you know if FED would cut their rates again maybe around 25 to 50 point