BigFunky, you can't just look at the USDCAD graph in isolation. What has happened to the price of oil, and the relative state of the respective economies during the period you've just provided? Do you really believe that the Canadian economy will continue to struggle and oil prices will remain low, or is it more likely that oil prices will rise and the Canadian economy will improve. We're looking at pair with a long term average going back to 1975 of about 1.19. With the low oil price and weak economy, I believe there is a greater short potential than long potential on this pair. This short potential has been very noticeable in 2016. However, I may be wrong. Only time will tell. Anyhow, I haven't had a lot of time to trade so far since I began this challenge. I will grab bits and pieces as I can. You'll notice that I am entering trades with a small fraction of the available margin. This is on purpose. I am doing this so that I can add to the position if the trade goes against me. Otherwise, I'll scalp a position as a much as I can until it does go against me, and then wait it out. Once it goes against me, I add more. As it goes in my favour, I peel off the trades. I think you will see over the next year that the balance will grow, slowly at first, and then exponentially. After all, I said $100/day wouldn't compound; I did not say that the gains wouldn't compound.
As promised I've opened a funded account & started a new thread ::: Thread : +1% Daily | Binary Trading My first day trading live account resulted in 3.13% gain :::