6th of August
Back on the trader contest platform after some time off for the world cup, real life, travel and from concentrating the little trading time I´ve had on my live account. I´m going to try and stay on the contest platform for the whole of this month as much as possible. Here are my opening trades of the month.
This month - I´ll try and use the trader contest game rules to the fullest. Doing all trades with conditional orders and wait for the set take profit target to be hit. Also using small TP targets for multiple trades per price movement instead of waiting for large TPs to be hit.
The backslide on USD/JPY started earlier then expected despite good results on Tuesday´s PMI. On the contest platform I have one position at -77 pips on USD/JPY but all my other trades hit their profit target. I´m definitely waiting for USD/JPY to swing upwards again on this one
Australia employment change is coming up at 01:30 UTC and then we have some interresting economic events on Thursday and Friday aswell. I´m not betting on any hike by the BOE but the Canadian Ivey PMI and employment change figures could offer some good positions on the CAD pairs.
I wish you all some good trading on the contest platform this month.
Best Regards, Johann Thor Stefansson
Back on the trader contest platform after some time off for the world cup, real life, travel and from concentrating the little trading time I´ve had on my live account. I´m going to try and stay on the contest platform for the whole of this month as much as possible. Here are my opening trades of the month.
This month - I´ll try and use the trader contest game rules to the fullest. Doing all trades with conditional orders and wait for the set take profit target to be hit. Also using small TP targets for multiple trades per price movement instead of waiting for large TPs to be hit.
The backslide on USD/JPY started earlier then expected despite good results on Tuesday´s PMI. On the contest platform I have one position at -77 pips on USD/JPY but all my other trades hit their profit target. I´m definitely waiting for USD/JPY to swing upwards again on this one
Australia employment change is coming up at 01:30 UTC and then we have some interresting economic events on Thursday and Friday aswell. I´m not betting on any hike by the BOE but the Canadian Ivey PMI and employment change figures could offer some good positions on the CAD pairs.
I wish you all some good trading on the contest platform this month.
Best Regards, Johann Thor Stefansson
