A fun Challenge - Who will predict the trade with highest R:R? | Forex Factory

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Attachments: A fun Challenge - Who will predict the trade with highest R:R?

A fun Challenge - Who will predict the trade with highest R:R?

Hello traders,

I am not sure if there is a separate thread specifically opened for posting High reward/risk trades. If so, please direct me there and I will delete this thread. You have to make a trade call which you think will have a higher Reward:risk ratio. Following are rules I can think of. Please give some logical suggestions if they need to be adjusted.

Rules:

 

  1. You have to post a trade call in the form of an image, before the trade gets triggered or at the moment when you enter to the trade.
  2. Taking a screenshot of the trade call and posting after few minutes or few hours is not considered as a valid trade call.
  3. StopLoss(SL) and TakeProfit(TP) have to be visible clearly on the image.
  4. Every trade must have a StopLoss. TP is not a must. You can exit anywhere you want, But adhere to rule No.7
  5. Once you are in the trade you cannot adjust the SL. You can adjust the TP whenever you want.
  6. If you have multiple trades in the same image, you have to state which one you are considering for the challenge. No multiple trades per one currency considered for this challenge.
  7. Closing a part of the position is allowed. You can follow rule No.7 to post any number of images to post the exists of the partial closes.
  8. You can either try it on a demo account or a live account.
  9. Post at least another one image of the trade in which we can clearly see that price reaching the TP (In MT4, you can simple drag the trade from trade history on to the chart and it will show the entry and the exit)
  10. Please don't mind hitting SL or failing to beat the previous highest R:R, this is just for fun.


I think above rules are fair for everyone. Rules can be adjusted if you feel like not fair.

Here is the easiest way to find the reward:risk ratio if you don't know. Divide the amount of pips between the takeProfit and entry by the amount of pips between your stopLoss and entry. For example, let's say you are in a sell. Your TP is 200 pips below your entry point and 100 pips above is your SL. So the Reward:risk is 200/100, Which is 2.
Higher this value is, harder it will be for others to beat it.

Trade with the highest R:R will be posted in the first post of this thread by updating it along with the username of the trader who made the trade call. Sorry I have nothing to offer to the traders who take on this challenge. At least I will follow you on FF.

Oh, it's very popular to have some kind of competition or test in trading now.
To be honest, I can't be very clear about this. Because on the one hand, it can be regarded as some kind of opportunity to test your knowledge and experience.
On the other hand, any note of excitement in this business gives me negative emotions. Because it's already a lot of people are connected with gambling or some kind of entertainment. And I don't like it. Because every person who trades seriously, spends a lot of time, energy, knowledge, checks something. And I do not want the efforts of such people to be devalued and lost. It's somehow unfair...
Thread is looking good with its Title...!
But I would like to ask, what is purpose of this thread???
Just to show off skills or trying to get the method with excellent RR?

(Ignore it if I hurts)

Thanks
Ahmad Hassan
Thread is looking good with its Title...! But I would like to ask, what is purpose of this thread??? Just to show off skills or trying to get the method with excellent RR? (Ignore it if I hurts) Thanks
Of course.
1. Showoff the skills ( Isn't that what many gurus do here?)
2. Get the method with excellent R:R
3. Open challenge to people who post trade with great R:R, to predict them before they happen.

BTW glad to see you in FF..(Didnt want to show your face in a public community like this
{quote} Of course. 1. Showoff the skills ( Isn't that what many gurus do here?) 2. Get the method with excellent R:R 3. Open challenge to people who post trade with great R:R, to predict them before they happen. BTW glad to see you in FF..(Didnt want to show your face in a public community like this
Thanks fdx...!

Wish you a very best of luck for this thead.
And what I think, the method will greatest RR will be RTM only. There are a lot of methods by which people are making good income. But highest RR is only in RTM. I had experienced the RR of more than 100 in this method.

May be there will be some other methods unknown too me.
So, let us see, in which way this thread will go.

Best Wishes
Ahmad Hassan
Something to start with
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Something to start with {image}
Hit SL.
2nd try
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{quote} Hit SL.
ANOTHER SL hit
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hmm lets see..
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hmm lets see.. {image}
On all 4 predictions you go against you own rule, I don't see TP.

  1. StopLoss(SL) and TakeProfit(TP) have to be visible clearly on the image.

I might be wrong , I have been wrong before
{quote} On all 4 predictions you go against you own rule, I don't see TP. StopLoss(SL) and TakeProfit(TP) have to be visible clearly on the image.
What trading platform do you use? entry is green color line. It says Sell Limit. Then the red lines are TP and SL. You know which one is which.
{quote} What trading platform do you use? entry is green color line. It says Sell Limit. Then the red lines are TP and SL. You know which one is which.
Sometimes I look and don't see. Where is target ? Please point it
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I might be wrong , I have been wrong before
{quote} Sometimes I look and don't see. Where is target ? Please point it {image}
You are correct.. This one violates my own rules. Please ignore that post. Those old posts have higher TPs, so they are not visible in that screen area.
I will post with all SL TP visible in the same screen
Not triggered yet. UJ.. almost 7R
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Not triggered yet. UJ.. almost 7R{image}
Hi
One question: why don't you buy up to your sell limit?
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{quote} Hi One question: why don't you buy up to your sell limit? {image}
Hi kette,
I missed the buy setup few days back. I see a buy setup but i thought price wouldnt reach that point sooner. I am planning to buy when price reach 154.70ish. I always place limit orders as per my trading strategy
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