100 Fold Challenge -> Interested? TEST yourself

@Participants
- All week end updates have been done (already)
- USDX hasn't moved much. Touched 82 levels and back up to previous weeks range.
- EURGBP as expected & posted, hit Ground-Zero zone(7950-8000) making highs of 7962 , making bears angry & selling it 3 days straight to 7827
Looking at the PA, it may get sold more to 7800 and sub 7800 (may be 7777 levels) if not new lows. Would be watching it for any delayed-short-term opportunity(swing)

Lets WnWatch
Good luck Trading.

@Participants
- All week-end updates have been done (a bit late this time)
- I believe this and coming weeks would be interesting as far as major pair movements are concerned (esp. USD crosses)
- I am looking for some major moves and will prolly hop on again soon. (i am itching too this week but some personal (& important) issues are dragging me away). Will try to update views on USDX, EU, EG if find time.

Good luck Trading

Going live with 26th attempt.

Starting Equity: 98.40 USD
Target Equity: 9840 USD
Broker: Fxpro
Leverage:500:1
Trade Explorer Link : http://www.forexfactory.com/forexsaint/27



P.S. As expected, pairs have started to move with good(yet shady flows).

@Participants
- All week end updates have been done.
- As expected & posted we saw special movement across pairs..esp USD crosses
- 26th attempt account got martyred after being up by upto 600% float
Thanks to FOMC min's "babble-rather-than-actual" news related flows (who knows till when they gonna drag this QE3(oops they don't call it QE3 too) till actually starting to implement it; purpose of which is IMO useless anyway)
As expected pairs retraced back to pre-news levels by weekend itself.
- Moving the head around, Grexit news/comments are back
- GBPUSD; Looking at the PA and higher TF Charts (D1 and above) I see this pair weakening the most and almost breaking down soon to 1.5600 (and more for new 2012 lows), if its not able to move back above previous high of 1.5911 convincingly soon (which i thik is quite possible) ;and some fundamental GBP bearish or USDX bullish news is out ( like QE3 delay etc)
Of course this is on larger TF's like W1, MN ans above
-EURGBP. Looking only a PA on higher TF's like W1 & MN,
IMO next month this gonna retrace back & prolly wanna check at least this months lows of 7800's !

Lets WnWatch
Good luck Trading.


P.S. @taomql4 indeed its the most feared thread

Going live with 27th attempt.
Starting Equity: 100.28 USD
Target Equity: 10028 USD
Broker: Fxpro
Leverage:500:1
Trade Explorer Link : http://www.forexfactory.com/forexsaint/35

Stats updated.


P.S. This attempt would be one of the "relatively conservative" ones as far as risk & no. of trades is concerned.

@Participants
- All week end updates have been done. (2nd last week update got delayed too much; Sorry for that)
- So the volatility is back....thanks to BBB( Ben Bernanke Babble). And opportunities of big moves will be increasing this week..thanks to important data releases this week, mainly from europe.
- GBPUSD; has broken 1.5911 on upside, so bear case is weak as of now. I am expecting myself to be a hibernating bear for this pair (yet ready to pounce when opportunity comes)
-EURGBP. Didn't move back down as expected. Has hit major level of 0.8000 on good to big upside. Mixed views as of now on longer TF bias !

Lets WnWatch
Good luck Trading.

@Participants
- All week end updates have been done. (already)
- So the volatility is continuing...thanks to Ben Bernanke's liking for QE-∞ (May god help USA).
USD pairs have seen major moves in last couple of weeks. These one way trains of USD pairs would need to halt soon either to fill more fuel or to pass on all passengers to a new opposite journey train, for a good retracement, depending upon more draghi's babble or "BAIL-me-out-too" shouts from periphery, in higher TF's like W1 TF.
-EURGBP. Needs a ok to good retracement soon for sure. Watching it.
If happens remember the same old Bear-Bull ground zero 0.7950's !
-GBPUSD- unsure

Lets WnW
Good luck Trading.

@Participants
- All week end updates have been done. (already)
- So a retracement week last one.
-EURGBP. as expected and posted, retraced quick and hit lows of 0.7953 till now. So do not forget this Bear-Bull ground zero of 0.7950's; which is getting marked on chart too many times. With time this level is getting dug deep into sand and thus becoming very important.
-USDX. looks like there will be a probable a spike down once again for euro to try to text previous highs and wther it can break it not. A Failed attempt would mean a larger retracement or less interest by traders to kick the USD more.
PA wise, if there is a sustained move up in pairs like EURUSD to test previous highs (with very low volatility) , IMO Euro gonna cover good more distance up for sure till major players start to lighten up (book profits) or a peripheral state holler's for quick bailout (or some rating agency's downgrade threat drama/action)

Lets WnW
Good luck Trading.



P.S. i am working on something and prolly will get some time this mid week. So would try to hop back in, if sense a good opportunity for my another "ultra-gigantic" account

@Participants
- All week end updates have been done.
- So another retracement week last one.
- EURGBP. hit spike lows of 0.7922 to be quickly pushed back to 0.7990's to end the week again at THAT SAME Bear-Bull ground zero 0.7950's zone. This level is becoming more and more important, day by day. So overall this means... Bears and bulls are fatigued! Overall i am of bearish bias for this pair, for at least a jab at new lows (if not a new low), and that's esp. after looking at the bearish monthly inverted-hammer, about to complete (with a long wick)
-EURUSD & USDX. Well here is a interesting thing i see on higher TF's. Of course we know how much good are QE-∞ to USD but
given the fact this thing is already priced into the markets (at least for now & till next QE or any new bubble bursting in bubble-land.. oops..i mean US)
& shift is back to euro problems ("please bail-me-out too" hollers & rating agency dramas)....
if EURUSD is not able to break back barrier of 1.3200 and move up (IMO 1.34 is the bear bull ground zero as of now) or whipsaws a bit more and then breaks down back below 1.25 (September lows), i see it clocking 1.11 in higher TF like monthly, except if we have some EXCEPTIONAL-EURO-QUICK-FIX in place in future (unlikely)
-GBPUSD. Well very interesting MN TF chart. Clearly shows a symmetrical triangle which actually is a part of BIG bearish pennant with pole base @ all time 2.11. GBP this month has clearly touched the upper downward trending TL of triangle/pennant. Swing traders can play this short till its lower upward trending TL @ 1.57 right now.
IMO, i would love to see a false break of this monthly high of 1.63 (and thus of the upper TL) & then break back in, which i think would be a very good opportunity for shorting this high range pair for good no. of pips, (of course on high TF's). (if EURGBP bearish pattern plays out and fibre whipsaws around at current levels, this is highly possible)
If 1.53 is broken on downside, bulls would surely become a endangered species with PA based major support @ 1.48 ONLY (again higher TF's like MN)

I some how feel year-end and next year would be good big-move opportunities in various pairs (major as well as minor)

Lets WnW
Good luck Trading.


Personally,
Going live with 28th attempt.
Starting Equity: 100.08 USD
Target Equity: 10008 USD
Broker: Fxpro
Leverage:500:1
Trade Explorer Link : http://www.forexfactory.com/forexsaint/35

Stats updated.
Note: Explorer is showing balance of 197 USD which is incorrect (first time saw sucha bug). Already contacted Explorer support manager danny. Hope it will be fixed by nest week start.

@Participants
- All week end updates have been done already. (2nd last week update got delayed again; Sorry for that)
-EURGBP. Watch out for this pair. See some VOLATILITY soon.
If tries to break above 0.8114 i.e. previous months Very bearish inverted hammer and doesn't hold above, GRIZZLY BEARS will come howling in.
Oldie 0.7950's , 0.7880's are important supports !
- EURUSD and USDX: same views as previous post
- GBPUSD: same views as previous post. Feel there would be good high-pip-range opportunities in this pair soon.


Lets WnW
Good luck Trading.

Going live with 29th attempt.
Starting Equity: 99.48 USD
Target Equity: 9948 USD
Broker: Fxpro
Leverage:500:1
Trade Explorer Link : http://www.forexfactory.com/forexsaint/35

Stats updated.

@Participants
- All week end updates have been done already.
-EURGBP. Watch out for this pair. it is getting volatile
As of now it is holding above 0.8114 (level mentioned before i.e. previous months Very bearish inverted hammer's high)
- EURUSD and USDX: Nothing much different that 2nd last post
- GBPUSD: Nothing much different that 2nd last post


Lets WnW
Good luck Trading.

i need to temporarily withdraw from the competition. Need to buy some equity shares. Will resume 4-5 months from now, hopefully making a profit off this withdrawal :-P

@Hilym83
OK dear.
Your equity @ the time of your post was 3034.19 USD. Stats updated.
Kindly let me know by posting here, when you want to rejoin.
Good luck with stocks. I am sure you are good at them.

@Participants
Going live with 30th attempt.
Starting Equity: 101.18 USD
Target Equity: 10118 USD
Broker: Fxpro
Leverage:500:1
Trade Explorer Link : http://www.forexfactory.com/forexsaint/35

Stats updated.
Would probably be 2nd last/last attempt for 2012 as i have almost planned for a world tour (kinda 8 countries only ) in last 2months

Alright...
Came back from a heck of a world tour 10 days back (in the end was able to squeeze in only 4 counties)
-It was such a unique experience...given the fact i travel very less. Trading got all left behind (due to many issues esp. no time for it)
- Spend 3 days or so replying to important emails and finishing some online assignments only.- Spend a wk fixing and trading normal accounts and getting used to the helm of affairs

Oh my.. a lot of things have changed.
- FF's look... i don't like quite a bit of it if not all
- My perspective about certain important in life..like family, love, general people and certain non-precious things which one can;t imagine to be SO important in life.
- How different people & society can be at different locations.. let alone the VAST difference in culture of different countries- etc etc (let me cut this short as its not the thread for)


Speaking of current market environment,
USDX
- Feel some major movements ahead.. next couple of week
- More bullish than bearish for this
CHF
- Swissy dragon is alive again Probably to make and break some traders.
EURGBP
- This pair is blown out of proportions IMO and i am sure bulls would be informed about the real state of shape on euro economy (UK aint flying either but fundamentally i dont see the basis of this rally..this big rally(800+ pips)) .
- Small to mid-bias bearish for this pair.
- IMO should hit 8400 , even if this is not a false(bull-sucker) leg up.
- Can hit 0.8220 later if move down is quicker than the present retracement up.
USDCHF
- Bullish for this pair . Surely if doesn't break previous W1's Low of 0.9082
- Targets of 0.9450 first and then even 0.9800 is quite possible.
- Closing above 0.9275's for this W1 candle would be good for further move upWill try to post charts (if time permits..still a few important things to settle)


@Participants
Going live with 31st attempt.
Starting Equity: 97.30 USD
Target Equity: 9730 USD
Broker: Fxpro
Leverage: 500:1
Trade Explorer : http://www.forexfactory.com/forexsaint/35

Stats updated


P.S. New participants are more than welcome , esp. given the fact that most of the old ones have shelved the try to 100 Fold for "various" reasons

lol... Didn't book almost 100% floating profit on USDCHF longs(though i planned to as its weekend). Was looking for a few more pips
& quickly came the pop down.
Attempt over & a very good start to this year (in this version of trading)
cya later

Hi to ForexSaint and all active participants, I am hopping in the callenge too. My account on MT4 was started with 1000CAD this fall (but for some reason my broker OANDA had some reset done and messed my MT4/FF history, others have experienced this?

I trade mostly 1h tf because I only have my phone to monitor trades during the day with my job, usually no more than 3 trades a day. I am at 50:1, betting typically 0,1 lot. My strategy is mostly PA, using ema too to see what others will see.

My goal here is to share ideas from time to time and educate myself. My strenght is some ok PA feeling, and one of my weaknesses is trade size I tend not to respect. I wrote a simple indicator telling my lot limit on each trade but working hard to follow it. see ya!

im jumping in as well... get the ball rolling with today's trades. Short E/J & Short NZD/JPY target apx 80pips +
explorer link
http://www.forexfactory.com/iamboston

You are welcome al2cand, on this surely difficult, yet interesting challenge/journey.
But the info you have provided is INCOMPLETE. Further your Explorer has no equity details. Your starting equity would be the equity at time of start of participation here.
Kindly read all the rules in 1st post again & esp. Rule M & N. I have added your currently available info in first post but your status will remain "Pending" till then.
Welcome to you too, iamboston
Kindly read all the rules in 1st post again. Your starting equity would be the equity at time of start of participation here.
Kindly set your starting date to current one. You can use the info mentioned here http://blog.forexfactory.com/?p=2235
Further kindly read Rule M & N and post the required info, here.
I have added your currently available info in first post but your status will remain "Pending" till then.

(1)Starting Equity: 1000$Cad (I was at about 1300$CAD at time of inscription)
(3)Broker Name: OANDA
(4)50:1
(5)Trade Explorer Link: http://www.forexfactory.com/al2cand

missing anything?

I am long AUDUSD, double bottom, strong rebound, aiming previous highs, looking also at the down trendline started july2011.