oooppppps!!!!!.......one thing still stands true in forex......Money management......throw it to the bins,and you will always get smoked out......if GBP/JPY keeps up the uptrend,this system will go burst
well, I'm asking myself the same thing. Perhaps there is some problem that's why he/she didn't update the statement.
I noticed 3 large trades around the range 128.xxx to 129.xxx, and as you noticed that the price went up to hit the daily high again so I believe there is a big drop since 1k x3 is very huge that would kill the account leading to the margin call.
Just when I was about advising this guy to reduce lots size and maintain the pace by using lower lots and staying above 2k% he dropped.. Too bad, but I still think that's the way to win these kind of contests... High lots initially and when you're way ahead, you slow down. That way, in the marathon you're now walking or jogging slightly (taking a breather and maintaining a defined tempo) while others are losing their breath trying to catch up (and may even fall while trying to do so). Well good luck, fxskyz you can still make it.. ;)
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