Forexcup Contest With Witdrawable Prize By Fxopen

Discussion in 'Forex Programs' started by radex78, Jun 24, 2015.

  1. radex78

    radex78 ECZ Member

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    Participate in the “Money Managers” contest and win up to $5000

    FXOpen and ForexCup invite traders to participate in "Money Managers", a contest with real PAMM accounts. Don't miss your chance to win big money prizes totaling 10,000 USD! The contest starts on October 5, 2020, and registration will be open for another month until October 31 2020

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  2. radex78

    radex78 ECZ Member

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    GOLD PRICE STRUGGLING WHILE OIL PRICE RISING STEADILY

    Gold price declined below the $1,880 and $1,860 support levels. Crude oil price is currently rising and it is seems like the bulls are aiming more upsides above $42.00.

    Important Takeaways for Gold and Oil

    • Gold price started a strong decline below the $1,900 and $1,880 levels against the US Dollar.
    • There is a key bearish trend line forming with resistance near $1,870 on the hourly chart of gold.
    • Crude oil price stayed above the $39.00 support zone and it is currently trading above $40.00.
    • There was a break above a major bearish trend line with resistance near $40.30 on the hourly chart of XTI/USD.

    Read more on FXOpen blog: https://bit.ly/330TRLK

    #forexanalysis#oil #gold #forex #traiding

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  3. radex78

    radex78 ECZ Member

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    Changes to Trading Hours on Hong Kong Public Holiday

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    Dear Traders,

    Please, note that on 1 and 2 October 2020 trading hours will be changed as follows:

    Indices:
    • Hong Kong 50 (#HSI): trading closed.

    Other indices will be traded without changes.

    Please, consider this information when planning your trading for the upcoming week.

    Read more...


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  4. radex78

    radex78 ECZ Member

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    THE COMEBACK OF THE WORLD’S RESERVE CURRENCY

    The U.S. dollar, the world’s reserve currency, is having a remarkable comeback. It gained ground against all other major currencies (e.g. EUR, GBP, CHF, AUD, CAD) and it looks poised to strengthen even more.

    With only a few weeks ahead of the U.S. elections, the market participants will likely take some risk off the table. This can translate either in booking profits on the trades that dominated the markets after the pandemic reached the Western world (e.g., short USD) or being forced to close some positions because of an increase in margin levels due to the upcoming elections.

    Straight Line Towards the U.S. Elections

    The week ahead is marked by Christine Lagarde testifying in front of the European Parliament and the NFP on Friday. But just like last week’s Powell’s testimony was ignored by the market, the chances are that the same will happen this week with Lagarde. Not even the NFP matters anymore, as the markets focus on the biggest event ahead – the U.S. elections. In times of uncertainty, investors look for safety in markets.

    The traditional safe-haven currency remains the USD, and the recent comeback should be interpreted as such. The EURUSD eased from 1.20 to 1.16, the GBPUSD fell from 1.35 to 1.28 and the AUDUSD corrected from 0.73 to 0.7 – they all show a stronger USD. Moving forward, higher margin requirements for both currency and stock trading will cause further USD strength. To book profits on the USD short trade, one needs to buy it – the same is true in the case of stocks.

    But it could also be that a higher USD is caused by the second wave of COVID-19 infections. Spain, France, Germany, but also the U.K. and the United States, see a spectacular rise in the number of new cases.

    Read more on FXOpen blog: https://bit.ly/2GfAoho

    #financialmarketnews#dollar #usd #eurusd #forex #traiding

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  5. radex78

    radex78 ECZ Member

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    BTC AND XRP – ASCENDING TRIANGLE BREAKOUT AHEAD
    • BTC/USD
      Since the start of the week, we have seen the price of Bitcoin increasing to $10950 area which was its highest point yesterday. But since then the price made a decrease of 2.74% and fell to $10685 at its lowest point. Currently, we are seeing the price in an upward trajectory and being traded at $10793 with it looking like the increase is likely to continue.
      As the support level has been retested and it proved to serve as the support we are seeing another bounce but it is still unclear whether or not this bounce is set to push the price for a proper breakout to the upside or is it a minor corrective increase before the further decline.
    • XRP/USD
      The price of Ripple has decreased as well since yesterday and came down by around 2.55% but manage to make up those losses and is currently being traded around the levels of the yesterday’s downfall starting point. These are the levels of the horizontal support now serving as resistance and was validated again on yesterday’s interaction.
      If however the price gets rejected again at the horizontal level it could potentially set it up for another downturn below its last week’s low at $0.222. But more likely we are going to see a breakout to the upside as this ascending structure is showing bullish sings.

    Read more on FXOpen blog: https://bit.ly/33cwEX7

    #cryptocurrencies#BTCUSD #XRPUSD #Bitcoin #Ripple #crypto #cryptocurrency

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  6. radex78

    radex78 ECZ Member

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    FXOpen Launches CASHU Payments

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    Dear Clients,

    FXOpen is delighted to announce a new, cutting-edge payment method for our clients, via CASHU. CASHU is a safe and secure online payment method that was established in 2002 by Maktoob.com. It is recognized as the first and the largest in the MENA region, serving nearly 2.3 million consumers with accessible and easy solutions to pay online.

    More details:
    • Currency: USD;
    • Payment Processing Time: instant;
    • Minimum deposit: $10;
    • Maximum deposit: $5000;
    • Deposit fee: 7%*.
    • *To celebrate the launch, clients can deposit for free, with 0% commission.

      Learn how to deposit via CASHU in our knowledge base.


      Why CASHU?
      • The most widespread payment method in the MENA region;
      • CASHU is available through over 75,000 of credible and approachable vendors;
      • Accepted by over 7,000 online merchants around the globe;
      • Protects your money from online fraud through advanced and secure technology.
      Visit cashu.com for any additional information.

      Read more...

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  7. radex78

    radex78 ECZ Member

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    LTC AND EOS – UPSIDE EXPECTED
    • LTC/USD
      Last week, on Wednesday, September 23rd, the price of Litecoin came down to revisit the September 21st low area and was coming to around $42.5. Since then we have seen the formation of the ascending channel in which the price has been bouncing and now again came to its resistance level for a higher high. At the moment it is being traded at $47.9 which is slightly below todays high but is showing strong bullish momentum as the majority of the increase occurred in two hours.
      If the price starts moving to the downside again and starts going below the ascending channel’s support it can likely find it at the $45.3 level but if it continues moving below it, it would indicate that the channel structure was corrective in nature. However, more likely, we are to see an uptrend continuation and a breakout to the upside.
    • EOS/USD
      The price of EOS has increased by 2.6% from yesterday’s low at $2.56 measured to its highest point today at $2.627 around which it is currently being traded. Minor pullback has made a horizontal support level above $2.56 which is an indication that the buyers are providing the support there, and with the ascending move that followed that the buying has been activated.
      The currently tested area is the previous horizontal support level validated on the 16th of September and now serves as resistance which is why its surpassing would indicate that the price increase is in a sustainable trend.

    Read more on FXOpen blog: https://bit.ly/3jlHgs6

    #cryptocurrency#LTCUSD #EOSUSD #litecoin #crypto #cryptocurrencies

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  8. radex78

    radex78 ECZ Member

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    TOP 10 TRADING MEMES PICKED AND COMMENTED BY FXOPEN

    If anyone feels that exchange and Forex traders are alien to the sense of humor and self-irony, then please see below 10 evidence that this is simply not true. We have searched the entire Internet (well, pretty much) in search of only the freshest and best quality trading memes. Enjoy!

    To see all the memes follow the link: https://bit.ly/30qYgGe

    #ForexFunSide#forex #traiding #memes #humor

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  9. radex78

    radex78 ECZ Member

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    Participate in the “Money Managers” contest and win up to $5000

    FXOpen and ForexCup invite traders to participate in "Money Managers", a contest with real PAMM accounts. Don't miss your chance to win big money prizes totaling 10,000 USD! The contest starts on October 5, 2020, and registration will be open for another month until October 31 2020

    [​IMG]



    Read more...

    #CONTEST

    Follow the updates on Facebook, Twitter dan Telegram.

    FXOpen Customer Service
    E-mail: [email protected]
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    Subscribe our FXOpen Youtube Channel

     
  10. radex78

    radex78 ECZ Member

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    MACRO THEMES TO CONSIDER FOR THE END OF 2020

    The last quarter of the year started with a bang. Last Friday, the President of the United States (POTUS) announced that, together with the First Lady, they tested positive for the COVID-19 virus. The news created chaos on financial markets, but by the end of the trading day, things have calmed down a bit.

    COVID-19 stole the show in 2020.

    Events that usually influenced macroeconomics came as secondary in importance since the pandemic reached the Western World. As the world still learns how to cope with the virus, some major themes remain in place for the rest of the trading year.

    The U.S. Presidential Elections

    The U.S. elections are on everybody’s lips and a major driver in the market’s volatility moving forward. No less than three debates between the two candidates are scheduled, one already taking place last week. However, the recent announcement of the President’s infection puts everything in question, and no one knows what the next days will bring.

    ECB to Expand the QE Program

    Last week the Eurozone core inflation dropped close to the zero level, putting pressure on the ECB to expand the QE program. The expectations are now that the ECB will increase the program by another EUR500 billion in December, which should weigh on the EUR pairs in the months ahead.

    Brexit to Dominate the GBP Moves

    Brexit negotiations continue to influence the way the GBP pairs move. As we have seen last week, the European Commission started the infringement procedures against the United Kingdom on the back of the latter, breaking the Withdrawal Agreement. If there is no deal as we get closer to the end of the year, expect the GBP pairs to have a bearish reaction as 2020 end nears.

    Read more on FXOpen blog: https://bit.ly/3d0hgAd

    #financialmarketnews#elections #forex #forexnews #COVID19 #Brexit

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  11. radex78

    radex78 ECZ Member

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    FXOPEN ARE CELEBRATING THEIR 15TH ANNIVERSARY — COME JOIN THE PARTY!

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    z
    In these 15 years, we have grown from a small community of Forex enthusiasts to a company that unites Forex traders around the world.
    Today we are one of the world's leading and fastest-growing

    Forex brokers with more than 1,000,000 active clients from 96 countries, a wide range of trading accounts with more than 100+ trading instruments, and years of work dedicated to the Forex industry.

    To share our excitement about passing this milestone, we have prepared a special promotion for you!

    Reduced trading commission on Anniversary ECN Account
    • - 20% for accounts with any deposit volume
    • - 50% - from $1,000 to $5,000
    • no commission for accounts with a deposit from $5,000
    • no commission for all TickTrader ECN accounts
    The offer is available from September 23 until October 31, 2020, for clients who open a special Anniversary ECN account in USD and make deposits within this period.

    Please note that standard ECN accounts are still subject to standard commission.

    Get a bonus: https://bit.ly/2S09htf

    #News

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  12. radex78

    radex78 ECZ Member

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    EUR/USD CORRECTING LOWER WHILE USD/CHF CLIMBS STEADILY

    EUR/USD failed to clear the 1.1800 resistance zone and started a downside correction. USD/CHF is correcting higher and showing positive signs above 0.9165.

    Important Takeaways for EUR/USD and USD/CHF
    • The Euro failed once again to clear the key 1.1800 resistance zone against the US Dollar.
    • There was a break below a major bullish trend line with support near 1.1740 on the hourly chart of EUR/USD.
    • USD/CHF traded as low as 0.9133 and recently started an upside correction.
    • There was a break above a key bearish trend line with resistance near 0.9175 on the hourly chart.

    Read more on FXOpen blog: https://bit.ly/3nokCC3

    #EURUSD #USDCHF #traiding #forex #forextradingsignals
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  13. radex78

    radex78 ECZ Member

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    SEPTEMBER 2020 TOP 10 PAMM ACCOUNTS OVERVIEW

    The fall is here again, but no matter what the temperature outside the window you need to carefully select PAMM-providers in your investment portfolio. Recently, the currency market has been experiencing increased activity and major turmoil due to the financial crisis. This review of PAMM providers’ accounts, which showed good results in September, will help an investor to make a good choice.

    Let me also remind you that the “Money Managers” contest started on October 5, the event where traders with stable trading and drawdown within 20% can win big money. Registration is open till October 31.

    TOP 10 PAMM Accounts: https://bit.ly/36JACbH

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  14. radex78

    radex78 ECZ Member

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    GOLD PRICE AND OIL PRICE SIGNALING MORE UPSIDES

    Gold price started a fresh increase from the $1,870 support and climbed above $1,900. Crude oil price is currently rising and trading well above the $40.00 pivot level.

    Important Takeaways for Gold and Oil

    • Gold price started a strong upward move above the $1,880 and $1,900 levels against the US Dollar.
    • There was a break above a key rising channel with resistance near $1,902 on the hourly chart of gold.
    • Crude oil price climbed higher steadily after it broke the $38.80 and $40.00 resistance levels.
    • There is a major bullish trend line forming with support near $41.00 on the hourly chart of XTI/USD.

    Read more on FXOpen blog: https://bit.ly/2SBQEMN

    #forexanalysis#XTIUSD #gold #oil #forex

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  15. radex78

    radex78 ECZ Member

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    Participate in the “Money Managers” contest and win up to $5000

    FXOpen and ForexCup invite traders to participate in "Money Managers", a contest with real PAMM accounts. Don't miss your chance to win big money prizes totaling 10,000 USD! The contest starts on October 5, 2020, and registration will be open for another month until October 31 2020

    [​IMG]



    Read more...

    #CONTEST

    Follow the updates on Facebook, Twitter dan Telegram.

    FXOpen Customer Service
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    Subscribe our FXOpen Youtube Channel

     
  16. radex78

    radex78 ECZ Member

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    OIL PRICE – CAN IT MOVE EVEN HIGHER

    Oil made history in 2020. For the first time ever, it settled into negative territory as investors responded to the coronavirus demand shock.
    In April, it closed around -$40, sending deflationary waves throughout the word. But what followed was equally impressive. The bounce from -$40 to +$40 is nothing short of impressive.

    Oil and Its Share in the Energy Mix

    The chart above shows the oil’s share in the energy mix and how it evolved in the last century. In green, we see the modern renewables, that include all uses with the exception of biomass. The trend is clear and reflects the direction the world is heading – a greener future with more emphasis on modern renewable technologies to satisfy the world’s energetic need

    Undersupplied Oil Market

    After the coronavirus pandemic reached the Western world, demand for oil simply collapsed. It caused the decline in prices described earlier.

    But OPEC (Organization of the Petroleum Exporting Countries) reacted quickly. Together with Russia, it slashed production to stabilize prices.
    Moreover, the U.S. shale oil industry was negatively affected by low oil prices. Therefore, the supply shrank even more, being responsible for the rise in the price of oil we have seen recently.

    Read more on FXOpen blog: https://bit.ly/36T6o6l

    #FinancialMarketNews#forex #traiding #forexanalysis #oil #XTIUSD

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  17. radex78

    radex78 ECZ Member

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    BTC AND XRP – ESTABLISHING SUPPORT

    • BTC/USD
      The price of Bitcoin has been increasing since last Thursday when it was sitting at $10539.2 and from there reached $11742 at its highest yesterday which was an increase of 11.42%. From yesterday’s high the price pulled back by 2.6% and is currently being traded at around $11500 level.
      As the price broke out into the upper range and is establishing support on its horizontal level further upside would be expected. First, a validation of the support level is needed and is likely going to occur in the current test. If not the price could go back down to the interrupted ascending trendline for another restest after it found support there on yesterday’s pullback.
    • XRP/USD
      The price of Ripple has been following a similar pattern as from last Thursday when it was sitting at $0.2427 made an increase of 7.34% coming to $0.26 at its highest point. Now the price is being traded at around $0.2569 level and has started moving sideways after a third revisit to the $0.26 resistance zone.
      As we have seen the increase continuing it reached another significant horizontal resistance at the prior higher high made on the 17th of September after which a correctional structure has started developing. Now we are most likely seeing a consolidative correctional move inside a triangle which is set to bring the price of Ripple for another retest of its ascending trendline before a breakout to the upside would be made above the $0.26 resistance zone.

    Read more on FXOpen blog: https://bit.ly/3776TtL

    #cryptocurrencies#BTCUSD #XRPUSD #bitcoin #ripple #xrp #forex

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  18. radex78

    radex78 ECZ Member

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    FXOpen Announces the Results of "Forex School" Contest

    "Forex School", a free trading contest for demo accounts, ended on October 2. For four weeks, more than 900 participants were actively competing for the prize fund of 8,000 USD.
    We congratulate the winners of "Forex School"!
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    Please note that the prize money will be added to the winner's investment account. This money is not withdrawable and can only be used for opening a PAMM STP account. All PAMM accounts opened by the winners will automatically be eligible to take part in a new contest on live PAMM accounts that started on October 5.

    So, we have received the results of the contest and present the winners to you: https://bit.ly/34VUPbO

    #news


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  19. radex78

    radex78 ECZ Member

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    PAMM Service Update: Risk Limitation

    Dear Traders,

    FXOpen broker has implemented a new feature of the PAMM service — PAMM account drawdown limit. This mechanism will allow reducing losses of Subscribers' funds in case of unprofitable trading on a PAMM account.

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    How does it work?
    • The Provider specifies the maximum allowable drawdown of a PAMM account.
    • The Company monitors the drawdown 24 hours a day.
    • If the PAMM account exceeds the drawdown limit, the Subscribers' funds will be withdrawn.

    This update will help to arrange professional collaboration between the Provider and Subscribers, as well as create more comfortable conditions for PAMM service users.
    PAMM technology is a reliable and accurate asset management tool for professional traders and investors.

    You can find out more information about PAMM accounts on our website.

    More information: https://bit.ly/3jVOKma

    #news

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  20. radex78

    radex78 ECZ Member

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    AUD/USD AND NZD/USD SIGNALING MORE DOWNSIDES

    AUD/USD started a fresh decline from the 0.7250 resistance and broke the 0.7120 support. NZD/USD is also declining and it is showing bearish signs below 0.6600.

    • Important Takeaways for AUD/USD and NZD/USD
    • The Aussie Dollar traded below the 0.7200 and 0.7150 support levels against the US Dollar.
    • There is a key bearish trend line forming with resistance near 0.7140 on the hourly chart of AUD/USD.
    • NZD/USD declined sharply after it failed to surpass the 0.6680 resistance zone.
    • There is a short-term bearish trend line forming with resistance near 0.6600 on the hourly chart of NZD/USD.

    Read more on FXOpen blog: https://bit.ly/355rU5c

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