Trade of the Week for July 8 to 12, 2013

Winner: 2013-07-08 02:33

FOUR fantastic Aussie setups battled it out over the weekend, but there could only be one winner. This week’s winner is none other than…

PipsCall and his Short AUD/CAD setup! In his post, PipsCall made use of an hourly chart and a possible resistance around a trend line and the 61.8% Fib. Do you agree with his biases?

AUDCAD.jpg

For winning this round of Trade of the Week, PipsCall gets to have another slot in the Trade of the Week Hall of Fame!

In addition to that, he will be given the opportunity to donate $10 to one our chosen charities, as well as have your trade featured on our homepage!

Is that awesome or what?

Submission: 2013-07-08 02:33

A brand new week and y’all know what that means – another opportunity to showcase your talents! If you’ve got a hot trade setup that you wanna share with the rest of the community, feel free to submit it to this week’s contest!

All that we require from you is to 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 12, 2013. This means you have the whole week to come up with trade ideas to submit!

Good luck trading my forex friends!