Winner: 2012-05-14 00:01
After a fierce battle over the weekend, one comdoll trade idea emerged in this week’s Trade of the Week contest. Ladies and gents, let’s all give virtual high fives to monstapips!
USD/CAD Short by monstapips
With a potential risk ratio of 5:1, monstapips is hoping to cash in on a long-term USD/CAD resistance at 1.0050. Do you agree with the profit and stop loss levels that he has placed? Check out his original USD/CAD short trade idea!
Of course, we will also be donating $5 to the charity of the month, Greenpeace, on behalf of the 5 brave souls who submitted trade ideas this week.
That’s it for our contest this week, folks! Make sure you come back this Friday to catch the first action of next week’s contest!
Voting: 2012-05-12 00:01
The entries are in, folks! This week we have an interesting mix of majors, comdolls, crosses, and exotic pairs! Which among these trade ideas will lock in the most pips? Here’s the list:
- NZD/USD Short by littlebopip
- USD/CHF Short by Jabroni
- USD/CAD Short by monstapips
- USD/SEK Short by Bijoymj
- CAD/JPY Short by FXSniPer1
Remember, you only have until 12:00 a.m. EST on May 13, 2012 to cast your vote, so make sure it counts!
Submission: 2012-5-11 23:55
It’s that time of the week again, traders! Do you have a setup that you’d like to share with the community?
All you gotta do is:
- Go to the BabyPips.com forums and create a thread under the Reader’s Choice: Trade of the Week forum.
- Read the official rules and regulations and make sure that you follow the submission format.
Easy enough, huh?
If your trade entry bags the crown, our wizard admin team will contact you again via your forum thread or private message to ask you to choose from our list of charities. BabyPips.com will then donate an additional $10 to your chosen charity.
Remember, submission period is from 3:00 am EST to 11:59 pm EST Friday!