$409k Challenge

Yup just checked Pepperstone and there was no spike, so this seem limited to IC Markets only.

Not a good sign at all to have such a huge liquidity spike, luckily I was still sleeping when it happened. I hope no one got caught on the wrong side of that spike.

I checked my broker FP market and nothing but the spread is equal to about 30 pips at the moment. Normally it is around 2 pips so I ain't trading Gold and I doubt if many are. Too dangerous!

on M1, that "spike" looks like a quote mistake from the liquidity provider.

I miss trading gold mostly my profit starting my 1st account was gold , for now GU is my fav pair.

I got hit with it on a trailing stop. Must have been milliseconds. I haven't found a reasonable answer yet. Pissed.

Today was not a good day for me i started out with a coupple of losses and then i tried a breakeout EUR/NZD after a tight range and no stoploss so i aweraged in as it went against me and kept coming ,but the EMA on the paradox( 2nd strongest support)where just 15-20 pips away so i let some pretty heavy Drawdown come a bit over 30% waaay to much and i where in with a total of 0.15 lots and when EMA was hit i went in big with two 0.3 lots possisions so i could get out after a few pips in my direction and i did with 2.44% on that trade and then i took a trade on GJ on a second box pullback on Renkos 0.1 lots with the trend and i got out 50 pips to early,but when i have some profit i close atleast with big lots like that so i banked 2.62% on that trade also so i got my 5%,but this is not the way to trade i usually start trading at 12.00 Europe time and i get mayby 2-3 good signals until London close and i like to be done bye close London ,but today i was trying to chase trades and that doens work out well often...The last GJ trade was legit,but to big lots and no signals really just followed trend that is very easy wiith renkos and a small pullback on second bullish box after some bearish boxes in pullback...There are actually more signals and easier to follow trend during U.S session so i might try a trade ore to then if clear signals if not i am done with my 5% in the box..I just need to be more displined as i have said many times before i will make my 5% with smaller lots and if start of with a coupple of losses no problem as long as go small i can let the winners run a bit longer before i close.....I am posting my Trade on GJ look the small trade i took for 8 pips its ten pips a box see the clear trend and and the small pullback on the candle i entered on and i could rode that 60 pips before a bearish box and thats when to close trade...23 pips total on GJ and negative 202 pips on EN,,,Happy trading everyone...

Oh dear sorry to hear. I must admit that I never had much joy trading EURNZD
But GJ is moving quite nicely at the moment. Wavey yes but not too spiky!

Well i made my target i just hate drawdown its much better thoose days i start with a coupple of wins then i can just take the best setups with a tighter stoploss and make it,but when start with a coupple of losses i need to go harder at it and then sometimes rules and everyting goes out the window,but more than happy with 22% in 4 days....Theese days EUR/NZD is super fast moving sometimes 50-70 pips in minutes so i enjoy trading it theese days atleast for scalping it goes up and down within a box so you can easily shave some pips out of it quickly,but high spreads compared to GJ still so fast it doesnt matter much today between 2-5 pips spread...Good luck bud...

PM:I saw OP had traded gold yesterday that is very hard theese days...I tried to open renkos with gold yesterday you had clear trends on the renkos very easy to trade,but for me even i use IC markets also the spread was 15-20 pips and it went so fast that my computer frooze so i had to remove it again EUR/NZD and GBP/JPY gives enought possibilities so i would stay away from gold...I guess he has tried gold again today i cant see hes TE anywhere mayby there still are some issues with connection of the TE???

take day off on Friday

Very nice trading BlackN...I took two small scalps on GJ and left 40-50 pips on the table on a perfect pullback in a strong trend i have to start letting them run and trail the stop instead of settle for 6-10 pips

Conditions today are rather wonky. Yes I notice mrdfx's TE has disappeared. Hope didn't get into problems trading Gold!

Ok done for the day and killed it today after H2 candles hit support and two more for confluence The Daily Pivot,EMA and PSAR so i scalped with buys and sells and aweraged in on most trades on EN and a coupple only on GJ,but totally safe because there was a range within the move on GJ so after a turn with a closed box in other direction... i opened if a pullbback on second candle and scalped most with small lots and the same on EN,but when i aweraged in on EN i went big,but as safe i got rythm so i dont know if its current conditions that do it ore what,but i love it so i finnished strong this week...I saw Black N did so well so couldnt be any worse...lolz.....Have a good weekend...



Last week i started with a 220 account on Thursday and made 40% in two days and on Monday i messed up aweraging in without knowing abaut any suport ore ressistence and i shaved of profits and then some so i restarted with 200 dollars and now at 303 dollars and yesterday i where in the hole a coupple of times,but today smooth as silk...lol..So i am getting more and more confident with the renkos and the Paradox supp/ress....But as account gets bigger the 5% a day will increase in money even the total% increase more and that is just fine so my compauding will go faster,but i am not in a hurry...I dont just take trades to take a trade i do my analyze on H2 and H1 as well as following trends and also take a few small ones in Range...Again Have a good weekend and happy trading

OK guys I'm at last with you from Monday

Will be using myfxbook so will just copy and paste my results like everyone else

Monday target achived ...

Killed it today and done

Well done guys - I'm still going although I'm trying for a measly 5% gain today after missing a few nice setups!

My goal also 5% a day,but i did a bounch of scalsps and where up some 9% and then i was shorting on GJ at strong ressistence and increased lots size to 0.1 from 0.03 and 0.05 on EN and got stopped out wiping most of my daily profits out....So i jumped on the breake on GJ and took a standard lot trade banking most of my profits today on that one trade 18 pips.....I had not done that if not pretty sure it would work out and i had 5 pips SL...So go strong rest of week guys...

Ok I'm back at it and changing things up a bit. I'll also be adding a few other pairs to the list as gold spreads and margin have been crazy these days.

Some good news today at last

I'm also doing this challenge, taking things slow only 0.01 and 0.02 lots, up 71% this month, trading only gold and oil, risky times, will double my account every month.

* My trading explorer is in my profile
* when thing calm down i will take larger lots


WOW THE PRICE OF OIL!!!! bought at 19.39 on my main account and waiting for 17 to buy more!!