Trade Ideas  ·  Market replay · Oct 22, 2026

Trade Syndication · Market replay · Thursday, Oct 22

Thursday’s best moves, and what the desk would have paid

We took GBP/JPY, USD/JPY, GBP/USD, Nasdaq 100, FTSE 100, Silver, EUR/JPY, AUD/USD and EUR/USD and ran them through the live engine.

Each trade below is 2 contracts, entered after the move had already started and closed either as it faded or when the desk’s own stop took it out — not the perfect top or bottom. Every step comes from replaying real market prices, minute by minute, through the live Trade Syndication engine.

In total: 9 trades, $270 in fees, $1,446.37 in earnings.

How the desk trades with you

  1. You open a trade and pay a flat fee per contract. That is the most it can cost you.
  2. The desk backs your trade with its own capital — a small allocation at first, stepping up as the trade proves itself, protected by its own stop, which trails the move as it goes your way.
  3. You are paid 90% of what the desk’s allocation makes. If it makes nothing, you are paid nothing.

Trade 1: GBP/JPY sell

GBP/JPY replayed through the desk
GBP/JPY, 03:45–10:30 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 100%
Price move+0.59% in your direction
Held7 hours
You earn$254.72 (8.5× the fee)
  1. You sell 2 contracts of GBP/JPY at 211.896 and pay the $30 fee. The desk backs it with 5% of your size, stop at 212.532.
  2. Price 211.886 — the trade is proving itself, so the desk steps up to 30% and lowers its stop to 212.010.
  3. Price 211.757 — the trade is proving itself, so the desk steps up to 62% and lowers its stop to 211.892.
  4. Price 211.689 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 211.817.
  5. The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 77% ($22.53 banked by then).
  6. The move resumes: the desk buys back, up to 100%.
  7. The desk exits at 211.310 — profit trailing stop.
  8. You close at 210.654. Your earnings: $254.72 — 8.5× the fee you paid. $118.10 of it was banked by 8 partial sales.

Trade 2: USD/JPY sell

USD/JPY replayed through the desk
USD/JPY, 04:00–07:30 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 100%
Price move+0.29% in your direction
Held4 hours
You earn$219.58 (7.3× the fee)
  1. You sell 2 contracts of USD/JPY at 158.165 and pay the $30 fee. The desk backs it with 5% of your size, stop at 158.639.
  2. Price 158.138 — the trade is proving itself, so the desk steps up to 30% and lowers its stop to 158.224.
  3. Price 158.080 — the trade is proving itself, so the desk steps up to 65% and lowers its stop to 158.164.
  4. Price 158.008 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 158.092.
  5. The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 27% ($44.50 banked by then).
  6. The move resumes: the desk buys back, up to 100%.
  7. The desk exits at 157.680 — profit trailing stop.
  8. You close at 157.711. Your earnings: $219.58 — 7.3× the fee you paid. $152.19 of it was banked by 5 partial sales.

Trade 3: GBP/USD buy

GBP/USD replayed through the desk
GBP/USD, 18:00–23:15 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 100%
Price move+0.23% in your direction
Held5 hours
You earn$180.90 (6× the fee)
  1. You buy 2 contracts of GBP/USD at 1.33630 and pay the $30 fee. The desk backs it with 5% of your size, stop at 1.33538.
  2. Price 1.33653 — the trade is proving itself, so the desk steps up to 25%.
  3. Price 1.33731 — the trade is proving itself, so the desk steps up to 46% and lifts its stop to 1.33626.
  4. Price 1.33828 — the trade is proving itself, so the desk steps up to 100% and lifts its stop to 1.33724.
  5. The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 29% ($152.38 banked by then).
  6. The move resumes: the desk buys back, up to 81%.
  7. You close at 1.33932. Your earnings: $180.90 — 6× the fee you paid. $176.24 of it was banked by 12 partial sales.

Trade 4: Nasdaq 100 sell

Nasdaq 100 replayed through the desk
Nasdaq 100, 17:15–19:00 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 87%
Price move+0.41% in your direction
Held2 hours
You earn$166.62 (5.6× the fee)
  1. You sell 2 contracts of Nasdaq 100 at 29,282.67 and pay the $30 fee. The desk backs it with 5% of your size, stop at 29,333.13.
  2. Price 29,264.02 — the trade is proving itself, so the desk steps up to 10%.
  3. Price 29,139.47 — the trade is proving itself, so the desk steps up to 38% and lowers its stop to 29,204.29.
  4. Price 29,067.74 — the trade is proving itself, so the desk steps up to 87% and lowers its stop to 29,148.39.
  5. The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 32% ($125.65 banked by then).
  6. The desk exits at 29,106.87 — profit trailing stop.
  7. You close at 29,162.61. Your earnings: $166.62 — 5.6× the fee you paid. $125.65 of it was banked by 4 partial sales.

Trade 5: FTSE 100 buy

FTSE 100 replayed through the desk
FTSE 100, 13:00–18:00 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 100%
Price move+0.35% in your direction
Held5 hours
You earn$142.12 (4.7× the fee)
  1. You buy 2 contracts of FTSE 100 at 10,690.50 and pay the $30 fee. The desk backs it with 5% of your size, stop at 10,658.43.
  2. Price 10,693.10 — the trade is proving itself, so the desk steps up to 28% and lifts its stop to 10,675.92.
  3. Price 10,710.60 — the trade is proving itself, so the desk steps up to 63% and lifts its stop to 10,692.62.
  4. Price 10,721.20 — the trade is proving itself, so the desk steps up to 100% and lifts its stop to 10,702.72.
  5. The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 94% ($13.09 banked by then).
  6. The move resumes: the desk buys back, up to 100%.
  7. The desk exits at 10,723.57 — profit trailing stop.
  8. You close at 10,727.80. Your earnings: $142.12 — 4.7× the fee you paid. $138.52 of it was banked by 7 partial sales.

Trade 6: Silver sell

Silver replayed through the desk
Silver, 09:30–05:15 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 84%
Price move+3.84% in your direction
Held20 hours
You earn$137.92 (4.6× the fee)
  1. You sell 2 contracts of Silver at 56.23 and pay the $30 fee. The desk backs it with 5% of your size, stop at 56.40.
  2. Price 56.15 — the trade is proving itself, so the desk steps up to 6%.
  3. Price 55.13 — the trade is proving itself, so the desk steps up to 26% and lowers its stop to 55.40.
  4. Price 54.70 — the trade is proving itself, so the desk steps up to 84% and lowers its stop to 54.95.
  5. The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 5% ($136.71 banked by then).
  6. The desk exits at 54.92 — profit trailing stop.
  7. You close at 54.08. Your earnings: $137.92 — 4.6× the fee you paid. $136.71 of it was banked by 12 partial sales.

Trade 7: EUR/JPY sell

EUR/JPY replayed through the desk
EUR/JPY, 21:45–04:00 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 100%
Price move+0.22% in your direction
Held6 hours
You earn$137.57 (4.6× the fee)
  1. You sell 2 contracts of EUR/JPY at 175.976 and pay the $30 fee. The desk backs it with 5% of your size, stop at 176.504.
  2. Price 175.969 — the trade is proving itself, so the desk steps up to 29% and lowers its stop to 176.094.
  3. Price 175.862 — the trade is proving itself, so the desk steps up to 58% and lowers its stop to 175.987.
  4. Price 175.776 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 175.907.
  5. The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 51% ($10.79 banked by then).
  6. The move resumes: the desk buys back, up to 100%.
  7. The desk exits at 175.601 — profit trailing stop.
  8. You close at 175.592. Your earnings: $137.57 — 4.6× the fee you paid. $41.74 of it was banked by 6 partial sales.

Trade 8: AUD/USD sell

AUD/USD replayed through the desk
AUD/USD, 03:45–08:00 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 100%
Price move+0.16% in your direction
Held4 hours
You earn$103.85 (3.5× the fee)
  1. You sell 2 contracts of AUD/USD at 0.70289 and pay the $30 fee. The desk backs it with 5% of your size, stop at 0.70500.
  2. Price 0.70281 — the trade is proving itself, so the desk steps up to 30% and lowers its stop to 0.70345.
  3. Price 0.70243 — the trade is proving itself, so the desk steps up to 71% and lowers its stop to 0.70308.
  4. Price 0.70217 — the trade is proving itself, so the desk steps up to 100% and lowers its stop to 0.70281.
  5. The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 72% ($19.57 banked by then).
  6. The move resumes: the desk buys back, up to 100%.
  7. The desk exits at 0.70126 — profit trailing stop.
  8. You close at 0.70178. Your earnings: $103.85 — 3.5× the fee you paid. $74.67 of it was banked by 9 partial sales.

Trade 9: EUR/USD buy

EUR/USD replayed through the desk
EUR/USD, 18:00–05:00 platform time. Dashed red: the desk’s stop. Bottom panel: the desk’s allocation and the earnings if closed.
You pay$30 (2 contracts)
Desk allocation5% → 100%
Price move+0.13% in your direction
Held11 hours
You earn$103.09 (3.4× the fee)
  1. You buy 2 contracts of EUR/USD at 1.11974 and pay the $30 fee. The desk backs it with 5% of your size, stop at 1.11638.
  2. Price 1.12014 — the trade is proving itself, so the desk steps up to 30% and lifts its stop to 1.11922.
  3. Price 1.12061 — the trade is proving itself, so the desk steps up to 51% and lifts its stop to 1.11971.
  4. Price 1.12135 — the trade is proving itself, so the desk steps up to 100% and lifts its stop to 1.12043.
  5. The price pulls back toward the stop: the desk sells part of its position to keep its stop away from the price, down to 22% ($116.49 banked by then).
  6. The move resumes: the desk buys back, up to 100%.
  7. The desk exits at 1.12205 — profit trailing stop.
  8. You close at 1.12117. Your earnings: $103.09 — 3.4× the fee you paid. $72.43 of it was banked by 23 partial sales.

Not hindsight trading: every entry here starts after the move had already begun.

Take the next one with the desk behind you →

Every trade is funded

Take the next one with the desk behind you.

You trade; the Desk allocates its own capital behind your trade, small at first and more as the move proves itself. You keep 90% of what that capital makes. $15 a contract.

Thursday’s best moves, and what the desk would have paid · Trade Ideas