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Winner: Trade of the Week for December 5 to 9, 2011

Time is up, traders! It’s time to round up the votes and crown this week’s winner for the Trade of the Week!

For this week, the winner is kluebirby! Remember kluebirby? He was the guy that won two weeks ago. His trade bagged almost 200-pips. Will this trade idea turn out to be another winner?

USD/CAD Long, Daily

USD/CAD Long by kluebirby

To know more about the logic behind the trade, you can head on over to the discussion thread on the forum.

Alright, that’s it for the competition this week! Check out your screens again on Friday to submit your trade ideas for the next round of the Trade of the Week contest! Who knows, maybe you’ll become one of the Trade of the Week Hall of Famers!

Voting: 2011-12-3 23:36

Submission time is over, boys and girls!

It’s time to give props to the brave souls who put up their trade setups! Here are the details of each trade idea:

USD/JPY Long by littlebopip
GBP/USD Long by Jabroni
NZD/USD Long by monstapips
USD/CAD Long by kluebirby

So which of the trade ideas listed above is your best bet as the Trade of the Week this week? Make your vote count!

Submission: 2011-12-1 22:30

Come one, come all! Join the Trade of the Week Contest for December 5 to 9, 2011! Who knows, you could be the next one to join all the awesome traders in the Trade of the Week Hall of Fame!

How, you ask? Don’t worry, it’s as easy as 1-2-3.

Step 1: Create your very own thread under the Readers’ Choice: Trade of the Week forum. Be sure to label it as [TW] 12-5-2011 (currency pair) Long/Short by (your name). Here’s an example: [TW] 12-5-2011 EUR/USD Long by Forex Ninja.

Step 2: Write all the necessary details cited in the official rules and regulations of the contest so that other traders will understand how amazing your trade idea is.

Step 3: Watch your fellow forex fanatics vote for your trade!

See, I told you it’s easy! But remember, you only have until 11:59 p.m. EST on Friday, December 2, 2011, to submit your trade ideas. After that, we’ll open up the polls and let the community vote on which trade idea is best.

Now what are you waiting for? Go on and scan your charts for ’em sexy setups!