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100 Fold Challenge -> Interested? TEST yourself

  • #221
  • Nov 25, 2011 12:10pm Nov 25, 2011 12:10pm
My second week in the challenge, and I'm sorry to say I haven't even got going yet. Sure, lots of excuses but fact is I didn't make the grade.

When I get this right hopefully I'll be humble about it

Quoting robdee
$540 Starting Equity
USD Account Currency
FXCM Broker Name
400:1 Leverage
MyFXBook see MyJournal link in my signature
  • #222
  • Nov 25, 2011 12:48pm Nov 25, 2011 12:48pm
@Robdee
Looks like you are filtering trades like hell. Or prolly the filter got no pores..that's why no trades . Kidding.
Sure..whats d hurry! Patience "generally" pays for sure!

EURUSD
Holy bears ! All bulls on 'thanks'giving
(relatively bleak volumes also helped)

Currently @ 1.3225
Broke BIG support 1.3300 & soon it was fiddling with 1.3250's and then
D1 , W1 and MN low @ 1.3211 (as till now)

Didn't expect this for sure. without some retracement (at least)(usual trading account took a hit of some 7%..was loading longs from 1.3600's+ & heavy load around 1.3300. Took out all stops @ 1.3296)

Price is breaking TL "B" as of now (fake or not.. time will tell) on W1 TF, as in post 182. I better should have traded that other"angle" of downside in that post.

Weekly RED candle gonna feed bears big time! Next week would be important. (Do not expect railroad as of now, but who knows...expected interest rate cut in dec is prolly priced in now. These EU nuts n politicians are hell unpredictable too, except merkel )

Lets WaitnWatch

Hope some of you made money off this whole downmove ( i didn't grossly)
Enjoy the weekend.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #223
  • Nov 25, 2011 7:37pm Nov 25, 2011 7:37pm
I'm seeing 1.3200 on the downside with EUR. Strong zone there. If it breaks, then 1.3000 is on the cards

Have a good weekend all!
Attached Image (click to enlarge)
Click to Enlarge Name: FF 4.1.JPG Size: 60 KB
  • #224
  • Nov 27, 2011 7:13am Nov 27, 2011 7:13am
next week should be interresting .. trading at interresting levels.. on some pairs!

hope to catch a move here and there .. if setups unfold in a way i like..
its about time.. almost no trades since this challenge started!.. but hey iam not in a hurry ... lol

http://i.imgur.com/Asr7gh.gif

oversold condition @ supportish level
considering long only if we hold prev swing low/ or we see a shortening of the downward thrust . as we are trading with rather low volume at this area i dont think that we breach support just now..

http://i.imgur.com/JJpNUh.gif

moving torwards a Important area for the bulls!
demand line from a bigger channel aswell as support area
lets see if this level holds. and forms a long setup

http://i.imgur.com/uUTeCh.gif

trading @ overboughtline + resisance level..
formed a Upthrust indicating selling

http://i.imgur.com/ZS7phh.gif

trading @ oversold line torwards support
no real downward progress.. volume dries out aswell
  • #225
  • Nov 27, 2011 7:14am Nov 27, 2011 7:14am
http://i.imgur.com/0WU7th.gif

trading @ overboughtline
possible short setup .. to test the demand line

http://i.imgur.com/ADLKEh.gif

forming a rising wedge into resistance level..
we make no real upward progress ..
looking for short setup.. to drop at least to the demand line
the biggest volume bars in oct. are all on downbars .. ie supply
looks like the quality of supply is good and demand is poor..as
volume kind of decreases on rallies and increases on down moves!
  • #226
  • Nov 29, 2011 10:52pm Nov 29, 2011 10:52pm
Oops, forgot to update

Made a bit of a mess of it last week. I am testing a revised profit taking strategy at the moment so running 3 accounts side by side with same entries and different exits. Got a bit confusing and made some buys instead of sells, accidentaly closing tickets etc. May not trade this account untill my other test has finished

Balance 818.49 (-13.3%, -18.2% total)

Will update with summary when I get around to it

http://img443.imageshack.us/img443/1...screenshot.png
  • #227
  • Nov 30, 2011 4:51pm Nov 30, 2011 4:51pm
Quoting forexsaint
EURUSD... looking dandy
Hit that 1.3530 zone i talked about, a while back (with daily high at 1.3540)
What has to be seen is the close. Interesting Enough (at least for me)
Lets WnW.




Alright.... info added in main post.
Looking at your (bit incomplete) details, i would first like you to confirm
1) Your starting Equity is 401.68
2) Your currency is USD
Also
i hope you have read the whole main post carefully and agree to understand/abide by the same, including all rules.
As soon you confirm, you will be "Allowed" to roll....
I've changed my mind. I funded a new account for the challenge, but Im' going to do something else with that account now. Maybe in another few months I'll give it a go.

Can you please delete this post?

http://www.forexfactory.com/showthread.php?p=5153331#post5153331
  • #228
  • Nov 30, 2011 10:47pm Nov 30, 2011 10:47pm
I've read many of the posts in this thread. This looks like too much fun to pass up. I'm going to see about clearing some time to engage in the fun, but I'll have to join in after I get my Bot up and running, which is what I'll use for this competition. It should be a blast! Can't wait!

Of course, if FXS goes ballistic again and wraps up another five (5) tour of duty, then I'll have to wait until the next competition's open enrollment period.

Back with my details later...
  • #229
  • Dec 1, 2011 7:10am Dec 1, 2011 7:10am
Quoting JR97
I've changed my mind. I funded a new account for the challenge, but Im' going to do something else with that account now. Maybe in another few months I'll give it a go.
Can you please delete this post?
http://www.forexfactory.com/showthread.php?p=5153331#post5153331
Ah! OK..as you wish.
I can't delete your post. Any way you need not either. Your status will remain pending, till you again make up your mind.
Best of luck with "something else" you plan to do with it.
Regards
Quoting Conceptual
Did not read the rules first.
BETTER! Reported for cleanup.
Quoting Conceptual
FXS,
In the FXPro Financial Services Ltd., Statement, can you explain why the ticket numbers were redacted from the post, please?....
You still "Did not read the rules first"! Reported for cleanup.
I ain't selling anything out here that i need to fake my results
Join & participate in the challenge & you are free to copy paste your post. All your PEDANTIC queries will be answered
I do NOT answer to every tom, dick and harry posting around in this thread with no regard for rules.
Quoting Conceptual
...This looks like too much fun to pass up. I'm going to see about clearing some time to engage in the fun, but I'll have to join in after I get my Bot up and running, which is what I'll use for this competition. It should be a blast! Can't wait!.... Back with my details later...
Everyone would be eager to compete with your bot. Hope to see you, soon.


@Participants
Was off FF (in fact most online presence)from last 3 days. Major DSL underground line got smashed/uprooted due to a digging machine going too deep then allowed. Whole regional connectivity was down. (Took time off and only checked out emails through PDA (2G/3G) connectivity
Stats Updated.
Just setup 7th account (Fxpro do not usually do internal transfer till late evening)
Starting Equity: 50 USD
Broker: Fxpro
Leverage:500:1
Method of publishing : MT4 Statement/ History Screens-shots
Attached Image (click to enlarge)
Click to Enlarge Name: 7thStart.jpg Size: 22 KB


Regarding EURUSD
On W1 TF,
an IB till now. Interesting to watch it move above previous weeks high 1.3568 and then not making any new week low.
As of now, imp. 100 Weekly MA on 1.3617
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #230
  • Dec 2, 2011 3:50am Dec 2, 2011 3:50am
7th martyr'ed too
Was up >2 times ..EU messed up longs, in a spike low to 1.3442
Attached Image (click to enlarge)
Click to Enlarge Name: 7th End.jpg Size: 41 KB


Looks like time for getting more serious/precise
Cya soon.
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #231
  • Dec 2, 2011 9:50am Dec 2, 2011 9:50am
Going live with 8th attempt . Lets C
Starting Equity: 50 USD
Broker: Fxpro
Leverage:500:1
Method of publishing : MT4 Statement/ History Screens-shots
Attached Image (click to enlarge)
Click to Enlarge Name: 8th Start.jpg Size: 21 KB


Feels like no body is around. Wishing myself good luck
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #232
  • Dec 2, 2011 10:31am Dec 2, 2011 10:31am
haha... 40 minutes or so...the shortest half (or full?) life of an attempt/acc
8th gone too... balance @ 9.98 (can't trade with that)
Was scalping USDCHF & the 'HILL' news fueled dollar index like hell & as usual RUMOURS galore (spain downgrade n other shit)... (In fact was looking for a long entry @ 9175.. didn't retrace much ..crap!
Attached Image (click to enlarge)
Click to Enlarge Name: 8th End.jpg Size: 30 KB


Cya guys...next week.
Happy weekend. (Happiness is money, not the other way around )
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #233
  • Dec 2, 2011 4:41pm Dec 2, 2011 4:41pm
Week 3
No gain, no loss.
I have been thinking like a euro bear all week, but that didn't work well.
Now 3 weeks behind trading plan schedule, a lot to make up.
Thinking of changing over to EURJPY instead of EURUSD.

Quoting robdee
$540 Starting Equity
USD Account Currency
FXCM Broker Name
400:1 Leverage
  • #234
  • Dec 3, 2011 2:01am Dec 3, 2011 2:01am
No trades this week for me guys on this account. Was a great scalping week but I will not mimic scalps in this account as it is to fast and gets confusing trying to mimic such quick trades

Quoting forexsaint
haha... 40 minutes or so...the shortest half (or full?) life of an attempt/acc
8th gone too... balance @ 9.98 (can't trade with that)
Was scalping USDCHF & the 'HILL' news fueled dollar index like hell & as usual RUMOURS galore (spain downgrade n other shit)... (In fact was looking for a long entry @ 9175.. didn't retrace much ..crap!
Attachment

Cya guys...next week.
Happy weekend. (Happiness is money, not the other way around )
Ha ha, nice one forexsaint. Gotta be in it to win it though. Enjoy your weekend.
  • #235
  • Edited 2:43pm Dec 4, 2011 2:20pm | Edited 2:43pm
The following participants should update results asap, as their results are >1 week old, which is a rule violation.
8) Trumpcard
13) PrymeTyme
Kindly do it , so that i can update the weekend stats.

I just want to say, once again, one should at least care to update results once a week, if you have signed up for this.
If you can't even do that, simply link an online publisher like trade explorer or myfxbook, etc
Can never make more easier than this.


EURUSD
Weekly closed as an Inside bar, quite likely & expected .
Previous week's highs were respected.
Lets c how long does this consolidation take place.
1.3600 will be the Center line for tug of war between bulls or bears, for next week and probably more
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #236
  • Dec 4, 2011 5:33pm Dec 4, 2011 5:33pm
oops


here it is ..
Attached Image (click to enlarge)
Click to Enlarge Name: updt.jpg Size: 8 KB
  • #237
  • Dec 5, 2011 5:01pm Dec 5, 2011 5:01pm
The spike (and lack of SL!) killed attempt 4 so here we go with Attempt 5.

Starting Equity: $200
Currency: AUD
Broker: Go Markets
Leverage: 100:1
Method of publishing: MT4 screenshot/history
Attached Image (click to enlarge)
Click to Enlarge Name: Attempt 5.JPG Size: 134 KB
  • #238
  • Edited 2:00pm Dec 7, 2011 12:11pm | Edited 2:00pm
Alright stats updated!

Quoting Trumpcard
here we go with Attempt 5.
Starting Equity: $200
Currency: AUD
Broker: Go Markets
Leverage: 100:1
Method of publishing: MT4 screenshot/history
Info added in main post.
Best of luck. Keep it tight Trump.

@Participants
Going live with 9th attempt.
Starting Equity: 50 USD
Broker: Fxpro
Leverage:500:1
Method of publishing : MT4 Statement/ History Screens-shots


EURUSD
Still in same (now heavier) consolidation mode. Big move likely in coming weeks.
This current weekly bar is another Inside bar (IB) till now.
ECB conference tomorrow.(who knows... they may babble out something special, other than the usual fireworks).
Lets WaitnWatch
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #239
  • Edited 11:42pm Dec 8, 2011 11:01pm | Edited 11:42pm
EURUSD
Currently @1.3335

Still in heavy consolidation mode, though showing big missiles up north as welll as south.
Thanks to ECB Conference and as expected, RUMOURS & then their instant denial (just like draft note of bank licence to ESM and instant denial by germany...someone is making BIG, quick money there, as always)

Just posting the Weekly chart to ponder upon!
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDW109122011.jpg Size: 107 KB

- Same trendlines exists as before. Price stting at TL "G" and Bigger TL "B"
- We have a Perfectly complete H&S pattern too.(price at neck)
- Price is currently in consolidation mode (getting heavier) with this week probabaly also ending into an Inside bar (IB). News related Big moves lately haven't been able to break out range on any side.
- Its friday today, EU summit and consumer sentiment numbers from US. Fair to important news day and price may try to break any anyside (that would be false break or not, time will tell)
- If it doesn't, as expected, pressure is building up for a breakout/breakdown move and that will be big, in coming days and weeks

Lets WnW


P.S. Currently long in EURUSD for some scalping
Attached Image (click to enlarge)
Click to Enlarge Name: 9th start.jpg Size: 15 KB
100 Fold Challenge->Interested? ->https://www.forexfactory.com/thread/32152
  • #240
  • Dec 9, 2011 1:08pm Dec 9, 2011 1:08pm
Week 4 of my trading plan
I decided to remain with EURUSD and not switch to EURJPY.
I'm a little bear, big bears ate my lunch during ECB press conference.
Result is 10% loss = -$54. ($486 current equity)

Quoting robdee
$540 Starting Equity
USD Account Currency
FXCM Broker Name
400:1 Leverage
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