Trade of the Week for July 1 to 5, 2013

Winner: 2013-7-01 21:30

We had four contenders vying for the Trade of the Week, but only one shall be crowned the winner.

It was a close fight, but PipsCall came out ahead with his long GBP/USD trade idea!

Congratulations, PipsCall!

For winning this round of Trade of the Week, you have earned a place in the Trade of the Week Hall of Fame. In addition to that, you will be given the opportunity to donate $10 to a charity of your choice. But that’s not all, you’ll also have your trade featured on our homepage!

Way to go, PipsCall!

Submission: 2013-7-01 21:30

For those of you who missed out on last week’s contest, don’t worry, because we’re launching another one this week. That’s right, you still have a chance to share your awesome trade ideas with the BabyPips.com community!

All you need to do is create your own thread in the Trade of the Week forum using the following template:

Thread Title: XXX/XXX (Position)
*XXX/XXX is the currency pair, position is LONG or SHORT
Currency Pair, Time Frame
[Chart]
Long or Short:
Entry Point:
Stop Loss:
Profit Target:
Trade Explanation:

Submission ends at 11:59 pm EST on Friday, July 5, 2013, so you have plenty of time to join!

Good luck trading my forex friends!