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Winner: 2012-07-08 23:50

The community has spoken! Garnering the most votes and winning this week’s Trade of the Week contest is…


Here’s are some details of his trade idea that allowed him to snag this week’s crown:

EUR/USD (Long)

Entry Point:1.2380-1.2400
Stop Loss:1.2300
Profit Target/s:1ST LEVEL IS 1.2450 AND 2ND IS 1.2500

Not only will fxsrikanth be featured on the homepage for a week, but he’s also entitled to a $10 donation to a charity of his choice from our Golden List of charities! Congratulations!

For the other piptastic traders who also submitted their ideas, don’t lose hope! Submit your entries for another upcoming contest that I will announce at the end of the week. Who knows, next time, it might be your name I’ll be proudly announcing!

Voting: 2012-07-06 02:53

Ding ding ding ding! Time to bring your setup-spotting skills to the test and see which of these trade setups deserves the throne as the Trade of the Week for July 9 to 13!

Which among these entries will most likely yield the most pips?

AUD/USD Short by littlebopip

NZD/USD Short by pipballer

EUR/USD Long by fxsrikanth

GBP/USD Short by Jabroni

AUD/USD Long by mnukf

Remember, the voting period is only until 11:59 pm EST on July 8, 2012, so make sure your vote counts!

Submission: 2012-07-6 00:01

And just like that, it’s the weekend already! Before you head out to hit the beaches, take some time to hit the charts and look for setups to submit to next week’s Trade of the Week contest!

It’s very easy anyway… Just follow these three easy steps!

  1. Create a new thread under the Reader’s Choice: Trade of the Week forum.
  2. Make sure you follow the simple format stated in the official rules and regulations.
  3. Get all your fellow forex friends into voting for your trade… Just kidding!

Simple eh?

The submission period will close at 12:00 am GMT, Saturday, June 7, 2012.

What are you waiting for? Get off your bums and send those trade ideas in!