About Espipionage

Espipionage Author With a last name like Ninja, I decided long ago to specialize in espionage. And with my first name being Forex, you guessed it, my other pasison was, well, anything and everything forex. Naturally, I decided to combine my two loves into one, "spying" on the forex industry (and telling you about my findings on this blog, Espipionage). This blog is dedicated to giving traders the inside scoop on developments in the forex industry, such as changing broker regulations and new forex products and companies. I also profile existing companies that are making an impact in the forex world all for your benefit. Set your night vision goggles ON. It's Spy Time!

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April 2012

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Winner: Trade of the Week for April 16 to 20, 2012

Winner: 2012-4-15 23:52

Ladies and gentlemen! Give a round of applause to the newest addition to the Trade of the Week Hall of Fame, Bijoymj!

Here's a snippet of his trade idea on AUD/USD that garnered the most votes for this week's contest:

AUD/USD Trade

Long or Short: Long
Entry Point: 1.0340 (At Fib 50% Level)
Stop Loss: 1.0240 (Initially 100 pips followed by a 50 pip Trailing Stop)
Profit Target/s: 1.0540

If you want to find out more, head on over to his thread to read more about his trade rationale and adjustments.

Congratulations Bijoymj! Aside from now being a Hall of Famer, you are also entitled to a $10 donation to any charity in our list.

For those who didn't win, don't lose hope. We'll have another contest at the end of this week so be sure to keep those entries coming!

Voting: 2012-4-14 00:01

The entries are in, and the list is out! This week, SIX brave traders entered. Which of these setups is your Trade of the Week?

AUD/USD Long by Bijoymj
USD/CAD Long by littlebopip
GBP/USD Long by Lupos
EUR/USD Short by monstapips
USD/CHF Long by Jabroni

Remember, the poll will close at 12:00 a.m. EST on April 16, 2012, so cast your votes now!

Submission: 2012-4-13 23:58

The Trade of the Week contest is back and ready to rumble! Put on your thinking caps and share your setups with other forex fanatics.

Both noobs and pros are welcome to submit entries to the contest! Joining is as easy as 1-2-3:

  1. Create your very own thread under the Readers' Choice: Trade of the Week forum.
  2. Make sure you follow the simple format stated in the official rules and regulations of the contest.
  3. Watch fellow forex fanatics vote for your trade!

Don't forget, BabyPips.com is also conducting its You Trade, We Aid campaign! This means that for each COMPLETE trade entry submission, we will be donating $1 to the month of April's chosen charity, Greenpeace.

Your trade idea will be showcased on BabyPips.com's front page for an entire week, but we will also be contacting you via your forum thread to ask you which of our chosen charities you want us to donate an additional $10 to. Awesome right?

So what are you waiting for? Get moving because you only have until midnight on Friday, April 13, 2012 to submit your entries. Good luck to all and may the best setup win!

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"There are two kinds of failures: Those who thought and never did, and those who did and never thought."
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