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100 Fold Challenge -> Interested? TEST yourself

  • #81
  • Oct 30, 2011 1:52pm Oct 30, 2011 1:52pm
I wasn't getting personal I was just indicating that perhaps people should have such narrow minds as this does not necessarily make for a fertile place where people can grow. In any case I am sorry if offence was taken.

Unfortunately I would not be able to sign up with a regular FX account unless you can let me know of one where they have 0.5 spreads. I get those spreads with FXCM but only as I trade a significantly larger account and volume is favourable. As you have already stated to achieve the returns that you speak of in this thread with a large account is a little more difficult and honestly is not something I would try :-).

Anyway a day is more than fair and please accept my apologies for the earlier comment.
  • #82
  • Oct 30, 2011 1:54pm Oct 30, 2011 1:54pm
Sorry one more thing... aside from spread betting being tax free could you let me know what other advantages you perceive spread betting to have over regular trading? You get charged commissions for rolling trades overnight. Spreads widen over night...

The tax free part doesn't affect the trading P&L.
  • #83
  • Oct 30, 2011 5:10pm Oct 30, 2011 5:10pm
Quoting Nexas
....
Unfortunately I would not be able to sign up with a regular FX account unless you can let me know of one where they have 0.5 spreads........
one more thing... aside from spread betting being tax free could you let me know what other advantages you perceive spread betting to have over regular trading?
OK Nexus, I WANT to make sure the following is crystal clear:
- I will NOT allow any more discussion/replies from you regarding Spread betting advantages/disadvantages/etc.
- I am NOT going to talk any more on that either. This thread is not about Spread betting. As Simple As That !
- I hate un-necessary posts in this thread and that's CRYSTAL clear from thread history (if you are following it), before this discussion came up. So i have no BIAS on this!
- As already explained, you will get to know the final decision after 1 day of that specific >post< . I am awaiting views of participants.
- Regarding finding brokers providing little spreads, that's not my job. It is for you to find out, if possible for you.
- AFAIK, many brokers provide low spreads like those on some major pairs, without any other conditions. The following may/may not help
http://mt4spreads.com/
http://www.fxintel.com/
http://www.mt4i.com/spread/symbol.aspx
- If you still have issue or query, feel free to PM me. NO more posts here on this topic.

Kindly.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #84
  • Oct 31, 2011 6:01am Oct 31, 2011 6:01am
EURCHF
Well this pair is a gem of a mess .... courtesy Euro-zone news crap & untimely SNB threats (more of a babbling)

IMO
Presently it may formed some kinda of base, as it appears to supported and not following through even after making new lows.(We just made a daily low, but no PA follow through). Yes, we should know ts Monday too.
Though i rarely trade TF's > H4 , esp. not with current zillion sized account, following are some simple charts in D1 and H4 TF with Trendlines, Support levels and Common MA's, to give an overall perspective

Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFD1.jpg Size: 82 KB

Overall,
In D1, its more of a intervention mess & a messy bearish wedge breakdown (fall from highs have been rather slow (OBVIOUSLY SNB in minds of all) than move up) . There are some good supports below (Blue TL)
Attached Image (click to enlarge)
Click to Enlarge Name: EURCHFH4.jpg Size: 94 KB

In H4, this is into a completing bullish wedge(not fully typical) with break around 1.2220. IF we do not make new lows today i.e. below 1.2179, possibility of moving back up 1.2244 first and prolly then to 1.2280. Would have to watch PA at those levels to analyze further. Last H1 Bar is a perfect bullish rejection pin bar/hammer (with new low)

On Upside, 1.2300 is definitely gonna provide some resistance
On downside, if D1 low is broken, retest of 1.2150's and 1.2120 is likely and probabaly a bang up rocket launch again (Courtesy SNB)

So, break of 1.2222 soon will actually point some real upside, other wise the bias will remain for bit more fall.

Positions:
I am long around @1.2201 level. I would have liked it to be entered lower. Bit disappointed with this entry.

P.S.
- I am of strong opinion that those who think SNB won't act(or babble, whatever) around those 1.2's levels are going to find themselves in a mess esp. without Stop losses! The times have Changed & so is the SNB's stance after a number of failed interventions.
- Those who are short/want to in longer TF, would always have an major ODD against them and that's SNB. Strict physical stop losses are their only weapons!
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #85
  • Oct 31, 2011 7:55am Oct 31, 2011 7:55am
OK no problem. I am done here.
  • #86
  • Oct 31, 2011 8:33am Oct 31, 2011 8:33am
traveling to cali for work project. Not sure if i'm able to trade until i'm done with this crap since west coast time sucks for trading euro...sigh
  • #87
  • Oct 31, 2011 9:17am Oct 31, 2011 9:17am
I missed three signals today (all winners), somehow I turned off my alarm on my cell without remembering. Sleepwalking is alright as long as I am not sleep trading xD.

Good Luck, everyone!

By the way, I don't have anything against spread betting. I am not against other instruments etc... Count my vote.

Quoting hilmy83
traveling to cali for work project. Not sure if i'm able to trade until i'm done with this crap since west coast time sucks for trading euro...sigh

I used to live in LA, omg, waking up for nasdaq and nyse open sucked! Good luck!
I found a penny today. That's +100 pips for me.
  • #88
  • Nov 1, 2011 3:35am Nov 1, 2011 3:35am
Quoting Nexas
OK no problem. I am done here.
Everyone is free to leave or join. If you are "Done" even after "FULLY EXPLAINED" non-biased approach to this issue, SURE! I can't help more!
Just FYI,( just in case)
Spread betting has been allowed now (Final Vote Count: Favour/Against=7/2).Rules updated.
I won't be PM'ing you about this now(after your latest post).Thanks & Regards
Quoting ReaM
I missed three signals today (all winners), somehow I turned off my alarm on my cell without remembering..........
By the way, I don't have anything against spread betting. I am not against other instruments etc... Count my vote.
Cool... Is that some SMS signal setup to inform you of trades?
Vote noted. Decision done.

@Participants
The 2nd chick account busted too.
Balance @ 1.25
EURCHF will play out as expected (IMO) but probably my entry was not at appropriate level, as posted. One can't expect mistakes early on with such tiny accounts.
Any way, i would be starting with 3rd attempt soon and update (probably with a relatively less tiny one to give some room for error/drawdown)
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #89
  • Nov 1, 2011 4:06am Nov 1, 2011 4:06am
gotta go slow n steady
  • #90
  • Nov 1, 2011 4:36am Nov 1, 2011 4:36am
Quoting EmeraldEyes
gotta go slow n steady
I see that in your T.Explorer mate. Good trades lately. Nicely going
Geoffrod, too back up nicely. Best of Luck to you both

Personally, kinda like bit fast and bumpy with these tiny accounts, else the cost of time starts to bother me a bit (a bit). (Sorry can't help it)
But i clearly understand your point too

@Participants
Live with 3rd attempt
Starting Equity: 50 USD
Broker: Fxpro
Leverage:500:1
Method of publishing : MT4 Statement/ History Screens-shots
Info Updated in main post & locked.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #91
  • Nov 1, 2011 4:45am Nov 1, 2011 4:45am
thanks for the kind words
long long road ahead yet.
i am having a problem with my trade explorer, it wont sync, hasn't sync'd for 8 hours
dont know how to fix it either
waiting to have someone get back to me about it.


cheers
geoff
  • #92
  • Edited 5:20am Nov 1, 2011 4:57am | Edited 5:20am
Quoting forexsaint
I see that in your T.Explorer mate. Good trades lately. Nicely going
Geoffrod, too back up nicely. Best of Luck to you both

Personally, kinda like bit fast and bumpy with these tiny accounts, else the cost of time starts to bother me a bit (a bit). (Sorry can't help it)
But i clearly understand your point too

@Participants
Live with 3nd attempt
Starting Equity: 50 USD
Broker: Fxpro
Leverage:500:1
Method of publishing : MT4 Statement/ History Screens-shots
Info Updated in main post & locked.
here is my link to my account...

http://www.myfxbook.com/members/4xeuro/zainy/145377

@Participants
Live with 2nd attempt
Starting Equity: 183 USD
Broker: Fxpro
Leverage:500:1
Method of publishing : Myfxbook.com
Trade responsiblypatience is the key/Swing trader
  • #93
  • Nov 1, 2011 5:17am Nov 1, 2011 5:17am
Quoting forexsaint
I see that in your T.Explorer mate. Good trades lately. Nicely going
Geoffrod, too back up nicely. Best of Luck to you both

Personally, kinda like bit fast and bumpy with these tiny accounts, else the cost of time starts to bother me a bit (a bit). (Sorry can't help it)
But i clearly understand your point too
With the way I trade, if I can double this acct within 12 months then I'll be totally stoked. My trades/lots are super boring though. lol
  • #94
  • Nov 1, 2011 5:37am Nov 1, 2011 5:37am
Quoting geoffrod
...i am having a problem with my trade explorer, it wont sync, hasn't sync'd for 8 hours....
May be you can try myfxbook again or other options. 8hrs ...is an issue for sure!
Quoting Incrediblle
...http://www.myfxbook.com/members/4xeuro/zainy/145377
@Participants
Live with 2nd attempt
Starting Equity: 183 USD
Broker: Fxpro
Leverage:500:1
Method of publishing : Myfxbook.com
Info Added and Updated.
Best of luck
Quoting EmeraldEyes
With the way I trade, if I can double this acct within 12 months then I'll be totally stoked. My trades/lots are super boring though. lol
I understand
My broker doesn't allow micro/nano lots else i may would have tried them sometimes. Least position is 0.1 lot and least margin on any pair with max leverage is 20USD (IMO). So an account < that is useless ! It doesn't affect me much though as trading such sizes would definitely cost me huge time costs!
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #95
  • Nov 1, 2011 5:39am Nov 1, 2011 5:39am
I've noticed Trade Explorer doesn't sync sometimes as well. Give it a try later maybe.
  • #96
  • Nov 1, 2011 8:15am Nov 1, 2011 8:15am
Quoting forexsaint

Cool... Is that some SMS signal setup to inform you of trades?
Vote noted. Decision done.

No, a simple alarm clock that wakes me up to check on markets. For a year since I do that, I guess I got used to it and simply turn it off automatically in sleep. I actually put it on a table where I have stand up to turn it off and I still do not remember turning it off.
I found a penny today. That's +100 pips for me.
  • #97
  • Edited 9:46am Nov 1, 2011 9:31am | Edited 9:46am
Account has currently gone from $2k to $7.3k... withdrawing 1.2k today. Leaves balance with 6.1k...off to a good start!
Attached Image (click to enlarge)
Click to Enlarge Name: nov 1.png Size: 124 KB
  • #98
  • Edited 9:53am Nov 1, 2011 9:43am | Edited 9:53am
Quoting fortiron
Account has currently gone from $2k to $7.3k... withdrawing 1.2k today. Leaves balance with 6.1k...off to a good start!
Firstly, You are still not "Allowed" to be a part of this challenge. Your status still is "Pending". These results don't mean anything and not part of results updated here.
Secondly, its always better to read replies . This was what you were replied to when you posted about your interest in joining.... check ---> THIS<--- post

So
- No more such updates here till you provide us with all the info, as asked to each participant.
- You abide to agree to all rules & requirements, as for all participants.
- If you have any issues or want to ask anything regarding rules, read the first post again or PM me. No more replies on this topic too , here in thread.

Hope that helps.

EDIT: In response to your attachment above...
As i explained before, your status is pending till now as you didn't reply with what was asked for way back on Oct 25th.
1) Do you want me to move the stating equity to 7302.69 or you would want to make a 2000 account again?
2) Also What kind of screenshot is this? Oanda? Live?...right?
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #99
  • Nov 1, 2011 9:54am Nov 1, 2011 9:54am
Quoting forexsaint

EDIT: In response to your attachment above...
As i explained before, your status is pending till now as you didn't reply with what was asked for way back on Oct 25th.
1) Do you want me to move the stating equity to 7302.69 or you would want to make a 2000 account again?
2) Also What kind of screenshots are these? Oanda? Live...right?

1) Sorry, I had thought I had posted the beginning equity screen shot on the 25th. See attched.

2) Oanda Live Account - I dont think it can be hooked up to the FF Trade explorer.
Attached Image (click to enlarge)
Click to Enlarge Name: day1.png Size: 5 KB
  • #100
  • Nov 1, 2011 10:02am Nov 1, 2011 10:02am
Quoting fortiron
1) Sorry, I had thought I had posted the beginning equity screen shot on the 25th. See attached.
As explained before, your status is still "pending" as you didn't reply to the requirements, asked for on OCT25th. You were clearly explained the same that your status will remain "pending" till then, in the same post.

Quoting fortiron
2) Oanda Live Account - I don't think it can be hooked up to the FF Trade explorer.
I would advise you to hook it up with MyFxbook. (its up to you though). Oanda does work there.

Let me know the answer to my query no.1 in previous post, so that i can change your status to "Allowed" and update your account details in first post.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
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