Winner: Trade of the Week for April 30 to May 4, 2012

Winner: 2012-4-30 02:04
Voting time is over, folks! SEVEN entries were submitted this week, but can you guess which setup won as the Trade Idea of the Week? The winner is none other than…

Fedegmail!

Scooping up a total of 21 votes, it’s not hard to see why people voted for his simple short Cable trade setup. He used a falling trendline and an overbought Stochastic signal to support his trade. Here are some more details:

GBP/USD Trade

Long or Short: Short
Entry: Market (1.6150 – 1.6220)
Stop Loss: 1.6300
Profit Target/s: 1st: 1.5820; 2nd: 1.5650; 3rd: 1.5340

Check out his trade’s forum thread if you want to know more about his trade idea! There, you’ll find everything you need to know, such as the potential reward-to-risk ratio, indicators used, and his trade rationale!

Congratulations, fedegmail! You’re now a member of the Trade of the Week Hall of Fame! And for winning this week’s contest, you get to donate $10 to a charity of your choice in our Golden List of Charities!

Of course, we will also be donating $7 to the charity of the month, Greenpeace, on behalf of the 7 brave souls who submitted trade ideas this week.

That wraps up another edition of Trade of the Week! Thanks for participating, everyone. We’ll catch you all again on Friday!

Voting: 2012-4-14 00:01
Good morning, forex fanatics!

If you’re looking for setups to trade for next week, then you have come to the right place!

This week we have SEVEN great trade on the plate. Not only that, it also looks like we have a pretty even mix of majors, comdolls, and crosses to choose from! Here’s a complete list:

USD/CHF OCO by peterbaik
AUD/JPY Long by jenesaisquoi
GBP/USD Short by fedegmail
EUR/USD Short by monstapips
EUR/GBP Long by dudest
EURJPY Short by littlebopip
AUD/USD Short by Bijoymj

Thanks to the seven forex geeks who submitted their entries, the BabyPips.com community has already allotted $7 to this month’s charity, Greenpeace. And it doesn’t stop there! The winner of this week’s contest gets to donate $10 to his/her chosen charity among our Golden List of Charities.

You only have until 11:49 pm GMT on Sunday, April 29, 2012 to make your vote count, so start checking the setups above!


Submission: 2012-04-26 23:18

The moment you’ve all been waiting for has arrived. You can now submit your entries to this week’s Trade of the Week contest! Not only will you get the chance to be a part of our Hall of Fame, you are also entitled to a donation to this month’s charity, Greenpeace!

In lieu of BabyPips.com’s “You Trade, We Aid” campaign, $1 will be donated to Greenpeace (a charity dedicated to increasing public awareness and understanding of current environmental issues) for every COMPLETE entry submitted.

So what are you waiting for? Share your trade ideas by following these three easy steps:

  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!

If your entry gets the most votes, you will be added to the roster of awesome traders in our Trade of the Week Hall of Fame and have your name up on our homepage for an entire week.

On top of that, we will also contact you via your forum thread to ask you which among our golden list of charities you want us to donate an additional $10 to. Ain’t that sweet?!

So get moving, guys! You only have until midnight (12:00 am GMT) on Friday, April 27, 2012, to submit your entries.

Good luck! May the odds be ever in your favor.