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20 Pip Forex Challenge

The document outlines a 30-level trading plan with increasing starting balances, risk percentages, risk and profit goals, target pips, and lot sizes. It shows the ending balance achieved at each level, with the final ending balance being $52,404 after completing all 30 levels.

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jadtec
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2K views3 pages

20 Pip Forex Challenge

The document outlines a 30-level trading plan with increasing starting balances, risk percentages, risk and profit goals, target pips, and lot sizes. It shows the ending balance achieved at each level, with the final ending balance being $52,404 after completing all 30 levels.

Uploaded by

jadtec
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Level Starting Balance Percentage Risk Risk Profit goal Pips Lot size

1 $20 30% you decide $6.00 20 0.03


2 $26 30% $6.00 $8.00 20 0.04
3 $34 30% $8.00 $10.00 20 0.05
4 $44 30% $10.00 $14.00 20 0.07
5 $58 30% $14.00 $18.00 20 0.09
6 $76 30% $18.00 $22.00 20 0.11
7 $98 30% $22.00 $28.00 20 0.14
8 $126 30% $28.00 $38.00 20 0.19
9 $164 30% $38.00 $48.00 20 0.24
10 $212 30% $48.00 $64.00 20 0.32
11 $276 30% $64.00 $82.00 20 0.41
12 $358 30% $82.00 $108.00 20 0.54
13 $466 30% $108.00 $140.00 20 0.70
14 $606 30% $140.00 $182.00 20 0.91
15 $788 30% $182.00 $236.00 20 1.18
16 $1,024 30% $236.00 $308.00 20 1.54
17 $1,332 30% $308.00 $400.00 20 2.00
18 $1,732 30% $400.00 $520.00 20 2.60
19 $2,252 30% $520.00 $674.00 20 3.37
20 $2,926 30% $674.00 $878.00 20 4.39
21 $3,804 30% $878.00 $1,140.00 20 5.7
22 $4,944 30% $1,140.00 $1,482.00 20 7.41
23 $6,426 30% $1,482.00 $1,928.00 20 9.64
24 $8,354 30% $1,928.00 $2,506.00 20 12.53
25 $10,860 30% $2,506.00 $3,256.00 20 16.28
26 $14,116 30% $3,256.00 $4,234.00 20 21.17
27 $18,350 30% $4,234.00 $5,504.00 20 27.52
28 $23,854 30% $5,504.00 $7,156.00 20 35.78
29 $31,010 30% $7,156.00 $9,302.00 20 46.51
30 $40,312 30% $9,302.00 $12,092.00 20 60.46
Ending balance Completed

$26
$34
$44
$58
$76
$98
$126
$164
$212
$276
$358
$466
$606
$788
$1,024
$1,332
$1,732
$2,252
$2,926
$3,804
$4,944
$6,426
$8,354
$10,860
$14,116
$18,350
$23,854
$31,010
$40,312
$52,404
Notes
USD/AUD D uptrend, above 21,50,200MA's, above diag TL, Trend-based Fib Ext.
retraced to 0.382 (1.3860). Entry when price crossed above 21MA at 1.4022 (RSI
DIV was below floating 50), SL below previous L @ 1.4012, TP@1.4042 for 2:1
and 20 pips. SL hit!

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