100 Fold Challenge -> Interested? TEST yourself

@Participants
- All stats updated
- Rule "R" edited. Those using CUSTOM START DATE feature on their trade explorer, in Explorer options (on right top side of ur explorer)> Select Explorer Time Zone> Select your Broker's time zone, so that correct trades/performance is published/viewable.
If unsure about the broker time zone, goto MT4 > Click View Menu >Click Market Watch & see the time on its topto tally it with GMT & accordingly find broker time zone
- Rule "S" will not be applicable from hereon
- Kindly see updates in main post for details (They have been detailed for reference, with timeline)

EURGBP
As expected, its back to daily & weekly highs. Just screwed my previous attempt (with full margin longs) after being up 70% MTM .
IMO, its going up ultra short term given the fact its not budging down (good demand), after having been slapped off this 8350-8370 zonemore than 4-5 times (There is a lot of supply here)
I would still be looking to short this pair around 8385-8395 zone (and see the PA around those level for more guidance)

EURUSD
As posted, 1.3350 is a very good level to short, unless something IMP happens (News games)

Going live with 20th attempt.
Starting Equity: 99.39 USD
Target Equity: 9939 USD
Broker: Fxpro
Leverage:500:1
Trade Explorer Link : http://www.forexfactory.com/forexsaint#27

i'm a wuss, couldn't hold it any longer. I've been sleepless the last 2 weeks on the recovery mode.
next 4 days better be blockbuster! (my goal was 100% return this month, but doens't look like it....)

Attempt 8 is a go! Deposited funds to bring remaining balance to $100.00

Starting Equity: 100.00 AUD
Broker: Go Markets
Leverage1
Method of publishing : FF Trade Explorer http://www.forexfactory.com/trumpcard#08

balance from previous attempt was $8.14. $91.86 has been deposited.

Wuss..haha.. i just learnt a new word (N.American informal prolly)
Currently high is 1.3367 & you did a good job booking 200+ pips @ 1.3360 i think (almost at top; as till now at least)
So u wanted to hold for more? What's/was your target in EU, on upside?

IMO ,
Both EURUSD and EURGBP (whose longs yet again hit my stops at BE+; just another hit at ceiling and back down)
gonna make a spike up and resume the downward journey
For me, short Bias negation level would be break of 1.3586 for EURUSD & 0.8505 (For EURGBP)

@Trumpcard
Well i think its attempt 8th. Kindly edit the post above.
Kindly do let me know the exact left over equity from previous attempt so that i can update the P/L field.
Also kindly edit the Method of publishing to FF Trade Explorer with your explorer link which is IMO http://www.forexfactory.com/trumpcard#08
(All other methods have been already withdrawn)

As expected
EURUSD has high new high of 1.3384 (till now) (personally i took some good positions(& will be adding),of course don't have margin in this challenge account for it, as of now )
Now its probably turn of EURGBP... I am looking at 8380-8390's (last move down was darn un-expected again; & look at the demand down there ..ONCE AGAIN)

Lets WnWatch

@Trumpcard
Info updated. Good luck (with your bots this time )

Pathetic ! Again out of Longs on EURGBP at BE
made a new high ( just by a pip) ...but such a choppy PA(Was up >70% again)
I am not taking longs now. and prolly it will go on now to hit my targets!

Usually i am not prone to irritation on BE trades...but this is HIGHLY Irritating.... (after so many tries)
Taking some time off!

To achieve 10,000% or 100 fold, you need to achieve 1.000% twice. For instant on a $100 account, you will be at $1,000 when you achieve the first 1,000% and will be at $10,000 when you achieve another 1,000% from $1,000. Your account is 100 fold now from a $100 to $10,000.

To make this challenge more fun and enjoyable, you may want to consider some milestones along with the long process of making 100 fold.

You may want to add something like 1,000% (or whatever you like) club for those achieve these level so we can cheer for our achievement.

I hope you get the idea.

PS. I want to join your challenge too.

Well, not sure about "cheering for ourselves" part but i can add a 10 fold club (list) to the main post, listing all the participants who made 1000%(realized balance).

But to be frank 10 fold is not really a difficult challenge. Let's c
I would like to know views of other participants..what say guys?

If you want to join in, kindly read the rules and details in first post of the thread and post the account details, as required.

Thanks


EURGBP
Got broken off a H1 bearish wedge yesterday and fell good. But looking at this morning PA, looks like its again ready to hit the top range of 0.8360's-70's (& may be probably break it this time)

USDX
Overall its strengthening from morning and driving EU, GU, etc down. Looking at the PA, I think these pairs may try to take a jab at high's once again.. (& probably would not be able to make new highs) & that would be a perfect time to add more shorts!

As expected (and tried for many times)
At last it broke those upper levels hard.
Currently clocking 0.8390's !

Lets WaitnWatch


P.S. Shorted at Daily high. Minted quick 20%
Waiting for good short entries!

EURGBP
For those who are tracking this pair, would like to say 0.8400 is one heck of a resistance for this PAIR ... a BIG ONE (High TF resistance TL's, Simple pivot resistances, PA based rejection zone, high TF MA's like 100 DSMA, etc)
I won't be surprised if this pair makes a super-bearish pin (with long wick) on D1 TF & closes around daily open below 8350's or a Bearish rail road tomorrow!

Probably, just released "not good" GDP date from UK has given it room to test that resistance

EURUSD
It looks tired after trying to take a jab at yesterdays highs (as expected)


Lets WnW

Last attempt over. Equity stands @ 1.18 USD

In spite of the fact that i was highly bearish for the EURGBP pair (as posted)
took good amount of long positions for a false break of a H1 pennant to upside (to test that 0.8400 zone) , for scalping.
Even had some pending sell limits up there... bcoz of highly bearish bias !

But price didn't actually made it...and currently printing daily lows @8360

Was up 120%; Overall bad trading later on (taking those longs & fiddling with stops). Small accounts (leveraged) can't afford such mistakes!

Cya guys !

this past 2 weeks is a hard time for me
i'll educate my self more then

@Participants
- All stats updated

EURSUD
Slapped down hard, after >3 failed tried to move up on D1 TF
As expected and posted (>Post 340<), USDX strengthening across the board. & the big picture of BEARISH bias playing out, at last.
The Bearish HnS is fully valid and has actually formed fully now with price actually testing the neck at 1.3034

IMO,
this neck will break soon. What has to be seen is will it be fake or true?
Bearish Scenario : Breaks it and re-tests it and moves on to hit targets with IMP supports @ 1.2970's & more importantly 1.2870's. (& then previous swing low of 1.2620's; Higher TF target)
Bullish Scenario: Breaks neck and moved anything till 1.2970's & back up and breaks 1.3400 (BIG RES level now).
If that happens, it gonna take more some ride up with IMP resistances @ 1.3480's & more importantly 1.3610's (& then 1.3850's; Higher TF target)


EURGBP
Oh man! y the F**K i took those longs there with so much bearish bias. (Still repenting that mistake for silly dime scalping up there)
As expected & posted (>Post 312<), Kicked down hard & has moved from 8390's to 8230's.. some 160 pips move (Big for this pair)..was enough for another entry to HOFTL

Presently sitting at same....very important Trendline support
Again here, though it looks even more bearish than EURUSD chart on higher TF's, fake breaks can't be ruled out, esp. when its in a sustained bearish trend from quite some time & may (i repeat may) be looking for a swing trend change.

Watchout for IMP support at Jan low of 8220's ..a break of which would mean a 18 MONTH Low..a very important event.

Lets WnW

Going live with 21st attempt.
Starting Equity: 99.58 USD
Target Equity: 9958 USD
Broker: Fxpro
Leverage:500:1
Trade Explorer Link : http://www.forexfactory.com/forexsaint#27
(This attempt would be with a bit conservative approach/tactic esp. in regards to leverage)

EURGBP
Slapped off the highs @0.8276...at least till now.
Was waiting for 8269 as target for my longs from yesterday..
BUT Patience (esp. due to short bias) got off me and at last trailing stops got hit before these highs
Took some short positions around this top
Sweet bearish rejection hammer on H1 TF; Right now testing upper TL break of the symmetrical triangle
SHORT BIAS remains same (& so the levels)
Of course should not see more highs this day/week !
Watch out for PA around 0.8221, previous swing low (of course if hits this week or later)

Lets WaitnWatch

EURGBP
Sweet Bullish rejection hammer on H1 is the next bar (Almost the same size)
Bad for d shorts...at least as of now. (bailed out some)
Waiting for the H4 to close now, for some insight
USDX gonna pop up soon IMO

Lets WnWatch

Another 1
Bearish rejection hammer on H1 next
Consolidation happening

Lets WnW

EURGBP
And it finally got slapped again..
Back to the lower TL of the triangle @ 8236
(Now a Bearish HnS forming)

On D1 TF, a long wick bearish, rejection pin (kinda doji)
8252-8255 is a good short level, if hits..(it may try to go up a bit again)
Would be shorting, again, up there

Lets WnW

EURGBP
Inched up again BUT Slapped down twice today
Sitting close to lower TL (See H1 TF chart below)
Loading up a lot of shorts from Day's top
Stops @ BE

On H4 TF
Just broke an IB to the downside!

On D1 TF,
Rejection wicks..
its a bear delight

Lets WnW