25 OCT 2018
According to Dennis’s Ranking, NZD slides down and CAD slides up. From the MT4 Chart above, it is my subjective opinion that a reversal of trend has occurred. I’m going to bet that NZDCAD should continue to slide until end of week. For technical reasons, i’m shorting NZDCAD.
I have been every busy with my day job work, handling a personal live and contest live account, accompanying wife out for some shopping during the evening time, coaching my youngest biological brother about forex trading. I’m seriously overwhelmed, i feel like i have neglected my children. I will make it up to them over this weekend. There seem to be some sort of Halloween party in the Town area this Sat, i may bring them there to have some fun.
Trader’s contest Link
An update on my Contest Live account. Managed to rank 2nd at the moment. I don’t think i will be able to overtake the 1st position player. Thus, I’m chilling out soon. Today, will be my last day of trading for the week. Most likely, i will trade conservatively today. A point about contest trading, it does invoke some competitive drive out of me. I feel that i’m taking on too much risk with the contest account. Early today, i was all short on the GBPJPY. Unfortunately, due to my caution, i decided to trail my winnings down and was stop out early on. Still managed to gain some pips though. Such a pity, GBPJPY crash like more than a 200 pips for the past 2 days. Only managed to gain around slightly less than 100pips.
Here is an update on my progress,
Current live account balance : $3196
Current contest account balance : $966
Net profit from my starting balance of $2065 to date were,
(3196+966) - 2065 = $2097
(2097/2065) x 100% = 101%
(my current equity gain since 25th Sept 2018 till 25 Oct 2018)
25 OCT 2018
Here’s a screenshot of my current positions, follow it at your own risk, don’t blame me if i got it wrong.
Happy trading everyone,
Many Green pips ahead.
May the force be with us!