Open trading account
Hello traders and followers
Today was first day of Ducascopy Trader Contest February 2016. It is awesome that some people has made 100+ pips.Congratulations for that. I have made 20% of my starting equity and I haven't closed my positions yet. I have 3 positions opened.
Short USD/CHF - I think it has reached the peak and bearish bias has started today. Additionally we have inverted Triangle as reverse pattern. I have TP placed at 1.0050 but target of inverted Triangle is 0.9950.
Long AUD/USD - It has bounced off the neck line today. It needs to end 5th bullish wave at H4. I have TP placed at 0.7220 and I think 5th wave should end here.
Short USD/JPY - After a very big move Friday, it has to make a correction or change a direction. H1 chart has shown us a nice divergence. I have TP placed at 119 but I am thinking now, big resistance is at 119.30.
Good luck on your contests
Today was first day of Ducascopy Trader Contest February 2016. It is awesome that some people has made 100+ pips.Congratulations for that. I have made 20% of my starting equity and I haven't closed my positions yet. I have 3 positions opened.
Short USD/CHF - I think it has reached the peak and bearish bias has started today. Additionally we have inverted Triangle as reverse pattern. I have TP placed at 1.0050 but target of inverted Triangle is 0.9950.
Long AUD/USD - It has bounced off the neck line today. It needs to end 5th bullish wave at H4. I have TP placed at 0.7220 and I think 5th wave should end here.
Short USD/JPY - After a very big move Friday, it has to make a correction or change a direction. H1 chart has shown us a nice divergence. I have TP placed at 119 but I am thinking now, big resistance is at 119.30.
Good luck on your contests
