Trading Contest 1st May 2010

[prochargedmopar]

200+ pip gap on a/j.
There was a reason why I was go ing long last week, just forgot what it was.
doh.

[newschool]

pro, why not take it on micro lot or even on demo? nothing beats a live trade...

also do someone know the cause of high volatility on UCHF ? The spread jumps for no reason.

[prochargedmopar]

pro, why not take it on micro lot or even on demo? nothing beats a live trade...

also do someone know the cause of high volatility on UCHF ? The spread jumps for no reason.

Yes, I switched my mt4 stats to my live account, all three, fxcm/fxdd/and mbt are live accounts now.

Oh, high volatility is usually a bi-product of low liquidity which is also the reason spreads jump.

[newschool]

Yeah I know about volatilty/spread, to tell you the truth, the market is still high on the same drugs as last week. I am getting M15 pips on M5 charts.

Also check out the gaps on the Euro. The fundamental news was important, so it didnt close all. Still it made a pullback to exactly half of it... does that remind you of something

[prochargedmopar]

Yeah I know about volatilty/spread, to tell you the truth, the market is still high on the same drugs as last week. I am getting M15 pips on M5 charts.

Also check out the gaps on the Euro. The fundamental news was important, so it didnt close all. Still it made a pullback to exactly half of it... does that remind you of something

Yeah, see my post here:

http://kreslik.com/forums/viewtopic.php?p=39907#39907

[newschool]

Yeah next week I promise I will try the MZ gap.

Anyone know why the GBP just exploded?

[johny]

Yeah next week I promise I will try the MZ gap.

Anyone know why the GBP just exploded?

David Cameron became the prime minister of UK. He is from The Conservatives party [right wing....heard about Margaret Thatcher? same political party]. His manifesto included government spending cuts to fix govt debt and deficit.

Johny

[newschool]

Yeah next week I promise I will try the MZ gap.

Anyone know why the GBP just exploded?

David Cameron became the prime minister of UK. He is from The Conservatives party [right wing....heard about Margaret Thatcher? same political party]. His manifesto included government spending cuts to fix govt debt and deficit.

Johny

Thanks, my FX news site just got the info at 21h25 GMT, after the major breakout... were they really late or you just learned about this tonight?

[newschool]

Ok here a simply logic trade.

Checkout this night big drop on UCAD (and CADJ) with no apparent reasons. I was really wondering whats going on. Well this morning it made the exact opposite.
A big rally like this with no fundamental backup? Might be a chance to look for an easy reversal...

[PIP'S FARI]

Just terrible trades all all my fault, I let my lost run and cut short my winner, I see alot of you guys gals are doing great congrads keep it up, I'm gonna make it back to original contest account amount and plenty more. gonna do the opposite look at how much I could of got lol...