Trader Contest

Open trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....CURRENT...P/L (PIPS)
GBP/USDLONG3.001.247331.25950121.7

Closed trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....EXIT...........P/L (PIPS)
GBP/CHFLONG2.001.200861.22468238.2
GBP/CHFLONG3.001.223031.24746244.3
GBP/JPYLONG2.00128.207130.113190.6
GBP/JPYLONG3.00130.241127.443-279.8
GBP/JPYLONG2.00127.982130.253227.1

Stats

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Comment

I finished the second week of the November contest with equity of 309K. It could have been a lot higher though. I lost at least 50K on the Trump dip when my GBP/JPY position was stopped out and I re-entered smaller at a higher price. Later on, a limit order on the same pair was missed by a couple of pips which costed me additional 100K. On the other hand, if the aforementioned dip would have extended a bit further, I'd have been taken out by margin call procedure. There's three more weeks till the end of this month's contest and I expect some more twists and turns until then.

Technical Analysis Contest

I took a great 14th place in the September contest. I say great because my accuracy (0.6095%) wasn't so great but still earned me 57 points. On top of that I was given 15 quality and 10 bonus points. As contest rules already state, it really pays to briefly explain a prediction, used analysis methods and supply the prediction with updates in comments during the forecast period.

Fundamental Analysis Contest

After five months I managed to win the contest again, with 101 performance (9:4), 87 social and 80 bonus points. The contest now regularly features over 200 participants, so more than ever it makes sense to comment decisions and work on social points. Even if you miss the top 5, places from 6 to 10 are rewarded with a nice $100 that should cover your efforts.

I'd like to thank to Dukascopy and to all DFC members that supported me!

I wish all participants good luck, happy trading and great trades in the week ahead!
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