Tuesday 7 February 2012

Straight Talk Trader Immersion Immersion Day Results

Risk Warning: Trading Forex is inherently risky. This is not a trade alert service and should not be taken as advice to enter or exit a trade. It is simply a narrative of what Straight Talk Traders are watching for, which may or may not happen. What is posted here may or may not develop into legitimate setups on Straight Talk Trading's Complete Response Trading System's specific entry and exit rules, which are only accessible by STT clients. 

The Trader Immersion Day is designed to accelerate the ST Traders' experience accumulation by taking extremely fast trades. Two traders focussed on the USDCAD which had a very small range of 20 pips from high to low today, and broke even and made some money in spite of it. Trader Y focussed on other pairs and walked away making some pips trading the 1M and 5M charts.

Trader Y:
1M: EURUSD +5 pips
1M: EURJPY +2 pips
5M: AUDCHF +4 pips

Net 11 pips

Trader O:
1M: USDCAD  +1 -1 = 0 pips
5M: USDCAD -7 - 5 = -12 pips
15M: USDCAD +4+6+2 = 12 pips

Net 0 pips

Trader G:
1M: USDCAD 0-7 = -7 pips
5M: USDCAD 1+1 = 2 pips
5M: USDCHF 5+2 = 7 pips

Net 2 pips

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