onemove

Yes on March. Well done Mysticforex and 4EverMaAt for staying in the positive and Kuokam for keeping the downside small!

Are we "signing up" in this thread? I'm in

The official result of the contest is to be found here http://www.traderslaboratory.com/forums/forex-trading-laboratory/9303-traders-laboratory-forex-trading-contest-86.html The pip count was Predict +104 pips and Coin-Flip +73 pips (tally from Coin-flip thread). The difference of pips and % variations in the account is probably due to factors such as position size, account size, exact entry time, exit times and locations, etc. It is a pity that the predict account did not have input from a group of collective of traders. I do not feel that one trader's input is a good representation for the "Predict" side of the equation. I think it is remarkable is that the "Coin-Flip" non-method performed so well! It makes me wonder about the importance of market direction in daytrading,

Looking forward to it Mysticforex!

Week 4: Daytrade: +20 pips (5 trades closed) Swingtrade: -79 pips (2 trades open) Daytrades captured 5% of the sum of the days' ranges at 392 pips. Swingtrades week's range at 161 pips. No new trades were added. The open trades lost 49% of the week's range. Total for the contest period in August: Daytrade: +104 pips Swingtrade: - 80 pips It is too bad that the swingtrade did not do as well as daytrade during this period.

Final of August Contest: Congratulations to TL-Experimental!

Tally for the 20 days of trading: Week 1: +24 pips Week 2: +78 pips Week 3: -18 pips Week 4: +20 pips Total +104 pips

Day 20: Opened Long 10:09 EST @ 1.3213 Closed trade 16:41 EST @ 1.3214

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Day 19: Opened Long 12:47 EST @ 1.3233 Closed trade 15:36 EST @ 1.3241

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Day 18: Opened Long 09:43 EST @ 1.3323 Closed trade 17:09 EST @ 1.3337

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Day 17: Opened Long 13:14 EST @ 1.3386 Closed trade 16:43 EST @ 1.3389

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Day 16: Opened Long at 11:00 EST @ 1.3375 Closed trade at 16:24 EST @ 1.3369

Week 3: Daytrade: -18 pips (5 trades closed) Swingtrade: +5 pips (2 trades open) Losing week on daytrades. The sum of the ranges for the week was 432 pips. Sum of the ranges for the week during the US session was 120 pips, day session ranged from 17 to 38 pips. Clearly I was not able to identify the market state correctly. Swingtrade gained +5 pips for the week, almost at scratch. The week's range was 154 pips. The same two trades remain open with no activities in position changes.

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Day 15: Opened Long 09:39 EST @ 1.3344 Closed trade 11:03 EST @1.3396 The trade was not +2%, but EURUSD looked to stall and pullback. I lucked out as EURUSD closed the day at 1.3382

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Day 14: Opened Short 09:58 EST @1.3340 Stopped out 10:07 EST @ 1.3371 Stop in this case was not 2% but a level if violated would tell me I was wrong.

Oh No! To that little red guy whispering in TTony's ear - Leave TTony alone!!

Day 13: Opened Long trade 10:02 EST @ 1.3384 Closed trade 15:25 EST @ 1.3356

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Day 12: One of those days with other obligations and did not get to the screen until late. Opened Short trade 12:36 EST @1.3424 Closed trade 16:25 EST @ 1.3422