al_dcdemo's Blog

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Weekly review

Trader Contest
Open trades
No open trades.
Closed trades
No closed trades.
Stats
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Comment
Ended the December contest with 90K. Haven't actually traded much in the second half of the month. Next week will be another short one but could prove to be a nice preview of what I expect to be a volatile year ahead.
Fundamental Analysis Contest
Is there a better way to finish the year? With 118 performance (12:6), 92 social and 60 bonus points I was able to take the first …
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Weekly review

Trader Contest
Open trades
No open trades.
Closed trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....EXIT...........P&L (PIPS)
......
GBP/JPYLONG3.00148.275148.79552.0

Stats
Click here for monthly stats.
Comment
My equity stands at 84K at the end of the third week of the November's contest. I took a single trade this week, buying GBP/JPY for a nice 52 pips. Two weeks till the end of the mon…
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Weekly review

Trader Contest
Open trades
No open trades.
Closed trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....EXIT...........P&L (PIPS)
......
GBP/USDLONG3.001.321931.31153-104.0
GBP/USDLONG5.001.310711.31061-1.0

Stats
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Comment
My equity stands at 68K after the first week of the November's contest. I mistakenly expected a hawkish hike from the BOE on Thursday and though got a relatively good price on GBP/USD ahead of the decision. I should've tightened SL immediately as I got the chance when the pair spiked after the decision. That would have reduced my loss from 100 pips down to just 25 pips. The second trade was admittely a bit of a "revenge" trade but I did think we would get a bounce of some sort. I exited for a 1 pip loss when I realized the pair was going down not up. So, again, not an ideal start to the month, but there's almost four full weeks left in it.
Fundamental Analysis Contest
I've been on a great streak in this contest in recent weeks. I ended the Halloween editi…
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Weekly review

Trader Contest
Open trades
No open trades.
Closed trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....EXIT...........P&L (PIPS)
......
AUD/USDLONG2.970.778310.77804-2.7
GBP/CHFSHORT3.001.289561.2847648.0
GBP/JPYLONG2.31147.875148.72484.9
GBP/JPYLONG3.00148.154147.841-31.3

Stats
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Comment
I recovered my equity level from 62K to 84K in the second week of the October contest. I exited GBP/CHF for decent 48 pips and also timed GBP/JPY exit (85 pips) pretty well, but was steamrolled (-31 pips) in an attempt at re-entry lower. I bailed out of AUD/USD for -3 pips and tried to re-enter lower but had to accept the pair…
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Weekly Review

Trader Contest
Open trades
No open trades.
Closed trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....EXIT...........P&L (PIPS)
......
GBP/CADLONG3.001.661251.65574-55.1
GBP/CADLONG3.001.656351.65378-25.7
GBP/NZDLONG3.001.845761.83918-65.8
GBP/USDLONG3.001.326701.32560-11.0

Stats
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Comment
My equity is down to 62K from 100K after the first week of the October contest. My SL management should have been more agressive as the pound fell out of favour last week. 43K is my current downside equity limit for this month, will trade with more caution next week.
Technical Analysis Contest
I did great in this contest last year, but it looks I have been paying some of that back this year. 8th place in August's contest is so far my best achievement this year with four months to go. I got 76 accuracy (0.1617%), 13 quality and 5 bonus points for a total of 85 p…
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Weekly Review

Trader Contest
Open trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....CURRENT...P&L (PIPS)
......
EUR/CADSHORT2.501.470121.47440-42.8

Closed trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....EXIT...........P&L (PIPS)
......
AUD/USDLONG3.000.798390.799299.0
GBP/USDLONG3.001.357221.35327-39.5

Stats
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Comment
Trades have not been going my way in the September contest. Or perhaps not to the extent that I wanted them too. Setting profit targets closer in range-bound environment of the last week would be a much better strategy. I won't let my equity fall below 60% from the peak, so I have about 10K left for trading this month.
Fundamental Analysis Contest
With 95 performance (12:8), 92 social and 80 bonus points, I took the third place last week. There's 29 events scheduled for the week ahead. That could be a good ground for a new record in points. As always, I'd like to thank to Dukascopy and to all DFC members for their support.
I wish all participants good luck, happy trading and great tra…
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Weekly review

Trader Contest
Open trades
No open trades.
Closed trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....EXIT...........P&L (PIPS)
......
GBP/NZDLONG3.001.797251.79418-30.7

Stats
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Comment
GBP/NZD was the only trade I took last week. I mismanaged it by failing to move SL higher after I was up more than 250 pips.
Fundamental Analysis Contest
With 175 performanc…
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FXRabbit avatar
FXRabbit 10 Sep.

Need to get you in on a managed account. :v

al_dcdemo avatar
al_dcdemo 11 Sep.

I did subscribe to you if that's what you mean.

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Weekly review

Trader Contest
Open trades
No open trades.
Closed trades
No closed trades.
Stats
Click here for monthly stats.
Comment
I didn't take any trade on Friday. Will start on Monday.
Social Trading Contest
I haven't been very successful so far in this contest, winning a single prize in four years. But after a long period of trial and error, I think I finally came up with something that seems to work. I finished 12th in August.
Fundamental Analysis Contest
I ended up on 9th place in last week's c…
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Weekly review

Trader Contest
Open trades
No open trades.
Closed trades
No closed trades.
Stats
Click here for monthly stats.
Comment
I hit a 60% drawdown limit in the second week of the July contest, ending the month with equity at 60K. Waiting on August.
Fundamental Analysis Contest
After quite some time I found myself in the top 3 again, with 73 performance (9:6), 86 social and 80 bonus points. Let's hope this marks the beginning of a winning streak. I'd like to thank to Dukascopy and all DFC members for th…
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Weekly review

Trader Contest
Open trades
No open trades.
Closed trades

INSTRUMENT...DIRECTION...AMOUNT...ENTRY.....EXIT...........P&L (PIPS)
......
EUR/NZDSHORT3.001.545451.52756178.9
EUR/USDLONG1.001.139851.140183.3
GBP/CHFLONG3.001.231561.24306115.0
USD/CADLONG1.101.298151.29780-3.5
USD/JPYLONG1.10112.030112.19616.6

Stats
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Comment
I ended the last week of the June's contest with equity of 319K, up from 265K a week ago. I did have some luck. EUR/NZD hit the target just in time before reversing. GBP/CHF surged in my favour after lingering just above SL for a couple o…
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