Hi,
My strategy has been working very handsomely these paste few weeks and in particular this week when I went long some Yen crosses. I went long in particular GBP/JPY which due to Brexit exhibits large ranges than the others Yen pairs and the second pair was CAD/JPY which now looking in retrospective was a bad call. It was a bad call because it had move the least among the Yen pairs nonetheless it still give me a nice little profit. The reason why it was moving slower was in particular due to CAD counterpart which in turn was influenced by Oil price which is on a strong bullish run and which made the Canadian Dollar a little bit stronger.
It seems that these two trades where enough to catapult me in the top 10 and more precisely in the 8 position of the rank. Looking now at the top 10 rank I can say that the contest has become more competitive because everyone has max points on their Order Quality points which in the past didn't matter that much. Now it all comes down to performance as it's the dominant factor so in order to win the Trader Contest one has to take some more risk.
Best Regards,
Daytrader21
My strategy has been working very handsomely these paste few weeks and in particular this week when I went long some Yen crosses. I went long in particular GBP/JPY which due to Brexit exhibits large ranges than the others Yen pairs and the second pair was CAD/JPY which now looking in retrospective was a bad call. It was a bad call because it had move the least among the Yen pairs nonetheless it still give me a nice little profit. The reason why it was moving slower was in particular due to CAD counterpart which in turn was influenced by Oil price which is on a strong bullish run and which made the Canadian Dollar a little bit stronger.
Dukascopy top 10 Rank
It seems that these two trades where enough to catapult me in the top 10 and more precisely in the 8 position of the rank. Looking now at the top 10 rank I can say that the contest has become more competitive because everyone has max points on their Order Quality points which in the past didn't matter that much. Now it all comes down to performance as it's the dominant factor so in order to win the Trader Contest one has to take some more risk.
Best Regards,
Daytrader21