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[ptaczek]

Dear Traders,
We will post current contest standings before STANDINGS menu will be added to forexcup (24 hours approx.)

82510 Alecsandro Fernandes da Silva 35 267.15
89062 Eddy Syuhaizam Abd Sukor 25 659.57
80712 Ramdas M Dumbre 24 189.57
83836 Mohd Ilham Zulkifli 22 549.79
89721 Anwarul Haq Bin Hashim 19 217.85
82416 SAR 19 184.19
84566 Eddy Syuhaizam Abd Sukor 18 217.72
83280 Sana Almaaita 16 988.44
89773 Nikolay Panayotov 15 437.64
82517 Marcos Eduardo Bassetto Corazza 14 154.78
84717 Alireza Kariman 14 054.62
89291 Herry Wibisono 13 057.00
81872 zitzak rabbyn s 12 689.64
84678 zaidi bin abu bakar 12 347.21
88502 razali 11 651.61
89158 frenki 11 393.32
88650 Hanizam Ujang 10 743.61
83444 rian amukti 10 567.05
84989 Putu Aryana 10 395.97
88931 Rami Khaled alkhatib 10 317.33
84679 Leong Tian Su 10 236.15

When do you think will be the Standings link functional? Im really curious about equity changes of the most profitable competitors

 

[ptaczek]

btw: I did some more analysis of historical data today and I made a simple research using mysql database and analysed 4 pairs and theirs frequencies of daily ranges and found interesting information. Im also going to analyse probabilities of occurence of two and more directional candles in a row on different timeframes. I want to determine the most probable ranges and sequences of directional H1, H4 and D1 moves. Next step will be tunning of a trading plan and backtest it intensively. A simple breakout system based on optimal parameters from the data analysis performed neutrally in today's backtest and it has a great potential for improvements.
If I will find some time, I'll post more information about my research here.

 

[ptaczek]

CONTEST UPDATE

82510 Alecsandro Fernandes da Silva 51 897.99
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]

EURCHF trade idea

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.

 

[ptaczek]

Progress 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

 

[FXOpen]

Dear Traders,
Competition results are available at http://forexcup.com/Results.aspx.
Any account with the balance above 5000 will be indicated in the top list.
Have a good trades!

 

[ptaczek]

Dear Traders,
Competition results are available at http://forexcup.com/Results.aspx.
Any account with the balance above 5000 will be indicated in the top list.
Have a good trades!

Great! Thanx =)

alizain: give me some feedback about my trading idea. If you find it usefull I'll add more in the future to help others get some basics in technical analysis and to help myself by discussing about it all

 

[Cleyra]

Hi Pta, i'm there

thank's for the info, how about Jpy pairs ?

like usd/jpy and i'm interested with EJ, cause Jpy pairs have less margin.

ohh have you know how the affect if FED cut their rates again with EJ movement ?

 

[Cleyra]

feeww, the top competitors be more stronger now and get the king position, i would see when they ( no 1,2,3) open trade again or just sitting and open trade if someone have get bigger balance than they have made ?