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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    GBP/USD AND GBP/JPY: BRITISH POUND GAINS BULLISH MOMENTUM

    GBP/USD started a strong increase above the 1.3500 resistance zone. GBP/JPY also gained traction and it gained pace above the 140.00 resistance zone to move into a positive zone.


    Important Takeaways for GBP/USD and GBP/JPY

    • The British Pound climbed higher above the 1.3500 and 1.3550 resistance levels.
    • There is a key bullish trend line forming with support near 1.3555 on the hourly chart of GBP/USD.
    • GBP/JPY also climbed higher steadily above the 139.50 and 140.00 resistance levels.
    • There is a major bullish trend line forming with support near 140.30 on the hourly chart.

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  2. radex78

    radex78 ECZ Member

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    EUR/USD AND EUR/JPY: EURO GAINS BULLISH MOMENTUM

    Contents
    • Important Takeaways for EUR/USD and EUR/JPY
    • EUR/USD Technical Analysis
    • EUR/JPY Technical Analysis

    EUR/USD gained bullish momentum and traded to a new multi-month high above 1.2290. EUR/JPY is also showing positive signs and trading nicely above the 126.80 support.

    Important Takeaways for EUR/USD and EUR/JPY
    • The Euro started a strong increase above the 1.2150 and 1.2200 resistance levels.
    • There is a key bullish trend line forming with support near 1.2235 on the hourly chart of EUR/USD.
    • EUR/JPY followed a similar pattern and broke the main 126.65 resistance.
    • There was a break above a major bearish trend line with resistance near 126.35 on the hourly chart.

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  3. radex78

    radex78 ECZ Member

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    FXOpen Announces the Results of Classics without Borders Contest

    "Classics without Borders", a free trading contest for demo accounts, ended on December 24. For four weeks, more than 500 participants were actively competing for the prize fund of 1,500 USD.

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    So, we have received the results of the contest and present the winners to you:

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  4. radex78

    radex78 ECZ Member

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    MetaQuotes has released macOS installers for MT4 and MT5

    A trading platform for macOS users can now be installed more easily with the help of MetaTrader 4 and MetaTrader 5 installers, recently released by MetaQuotes.

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    The macOS operating system accounts for 13% of MetaTrader 4 and MetaTrader 5 installations, and the numbers are growing.

    According to MetaQuotes, users are increasingly requesting a convenient macOS installer, so a dedicated solution for Apple devices was developed.

    macOS users no longer need to use additional software to install a trading platform on their system.

    All that is required is to download the dmg file for installing MetaTrader 4 or MetaTrader 5 and run it:


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  5. radex78

    radex78 ECZ Member

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    FOREXCUP TRADING CHAMPIONSHIP 2021

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    FOREXCUP TRADING CHAMPIONSHIP is a brand-new name in trading championships with a great legacy. With the support of renowned partners, including global forex and CFD broker FXOpen, this is your opportunity to prove your mettle in the trading world.

    We commit to providing you with a fair and reliable competition, to allow you to solely focus on your trading and strategies, giving you the best opportunity to prove yourself as the Top Trader.

    The only limitation is your self-confidence

    Anyone with an FXOpen account can participate in the championship; the only condition is meeting the minimum deposit and ensuring compliance with the rules.

    The winners receive:
    • a cash prize of $50,000 (first place);
    • signature Crystal Trophies (first three places);
    • personal brand promotion in press releases, interviews, and articles from the Championship Provider and its partners (first three places).

      Trade any instrument
      Choose from spot FX, Index, Commodity, Stock, Metal or Crypto CFDs* and start trading.

      *Crypto CFDs are not available to trade in all jurisdictions.

      No restrictions on fair trading methods
      Traders may use any legal strategies — day trading, long positions, EAs. The winner is the trader who demonstrates the most profit at the end of the year. You can read more about the contest rules here.

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  6. radex78

    radex78 ECZ Member

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    BITCOIN ROLLERCOASTER PRICE ACTION CONTINUES

    Bitcoin held the headlines into the end of the trading year. It rose from $10,000 in October to $35,000 in late December, tripling in value in less than two months.
    Much of the advance, though, came in low liquidity and when “no one was looking”. Just like in 2017 when Bitcoin reached close to $20k, the advance in late 2020 happened during the thin trading environment caused by the end of year holidays.

    What Causes Bitcoin Bullishness?

    Recently, more and more institutional investors turn to Bitcoin. Viewed as a safe-haven asset and a store of value that competes with gold, the digital alternative investment opportunity offered by Bitcoin appeals to more and more people.

    Risks for Bitcoin

    The risks for Bitcoin moving into 2021 trading come from regulation. We saw at the end of last year’s trading that Ripple suffered from the SEC in the United States initiating a lawsuit against its founders, causing the price of Ripple to collapse instantly. If the allegations of illegally selling securities are extended to other crypto assets, the risk is that Bitcoin will suffer from collateral damage too.

    Read more on FXOpen blog: http://bit.y/38VUeZW

    #FinancialMarketNews

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  7. radex78

    radex78 ECZ Member

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    BTC DAN XRP - KONSOLIDASI MENGEMBANGKAN TAPI SEBERAPA LAMA?
    • BTC/USD
      Harga Bitcoin telah mengalami penurunan sejak hari Minggu ketika mencapai $ 34.716 pada titik tertingginya. Kami telah melihat penurunan ke $ 30.367 tetapi harga melonjak lebih jauh ke $ 27.774 pada sumbu terendah sebelum kembali di atas level 0 Fib. Saat ini, sedang dikonsolidasikan di atasnya dan bergerak ke samping, duduk di $ 31.901 dan dalam lintasan ke atas.
    • XRP/USD
      Harga Ripple telah dalam upaya pemulihan sejak 29 Desember ketika jatuh ke area $ 0,18, tetapi tidak banyak bergerak ke atas, hanya mencapai $ 0,2588 pada level tertinggi kemarin. Sejak saat itu, pergerakan turun lainnya dilakukan ke sekitar level $ 0,225, sedikit di atas level yang saat ini diperdagangkan.

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  8. radex78

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    BTC AND XRP – CONSOLIDATION DEVELOPING BUT FOR HOW LONG?
    • BTC/USD
      The price of Bitcoin has been in a decline since Sunday when it reached $34,716 at its highest point. We have seen a downfall to $30,367 but the price spiked further to $27,774 at its lowest wick before snapping back above the 0 Fib level. Currently, it is being consolidated above it and is moving sideways, sitting at $31,901 and is in an upward trajectory.
    • XRP/USD
      The price of Ripple has been in a recovery attempt since the 29th of December when it fell to the $0.18 area, but it hasn’t moved that much to the upside, only reaching $0.2588 on yesterday’s high. Since then another move to the downside was made to around $0.225 level, slightly above which it is currently being traded.

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  9. radex78

    radex78 ECZ Member

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    GBP/USD AND EUR/GBP: BRITISH POUND COULD CORRECT LOWER

    GBP/USD extended its rise towards 1.3700 before starting a downside correction. EUR/GBP is showing positive signs and it could surge if it breaks the 0.9050 resistance.

    Important Takeaways for GBP/USD and EUR/GBP
    • The British Pound traded towards the 1.3700 zone, where it faced a strong selling interest.
    • There is a key bullish trend line forming with support near 1.3580 on the hourly chart of GBP/USD.
    • EUR/GBP started a fresh increase and it broke the 0.9000 resistance zone.
    • There is a major bearish trend line in place with resistance near 0.9045 on the hourly chart.

    GBP/USD Technical Analysis

    In the past few days, there was a steady increase in the British Pound above the 1.3500 resistance zone against the US Dollar. The GBP/USD pair broke the 1.3600 zone to continue higher.

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  10. radex78

    radex78 ECZ Member

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    LTC AND EOS – ESTABLISHING SUPPORT BEFORE NEW HIGHS

    • LTC/USD
      The price of Litecoin has been increasing since last week and came up from $124.2 at its lowest point on Saturday to $170 at its highest on Monday. This week has started with a pullback to $147.2 but the price is back on the same levels as on Monday.
    • EOS/USD
      From the start of January when the price of EOS was sitting at $2.55 we have seen an increase of 35.68% measured to its highest point at $3.4617 made yesterday. Since then the price made a minor pullback to $3.11 but is now back above $3.315 again.

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  11. radex78

    radex78 ECZ Member

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    GOLD PRICE TRIMS GAINS WHILE OIL PRICE TURNS BULLISH ABOVE $50

    Gold price started a downside correction after surging towards $1,960. Conversely, crude oil price is following a strong bullish path and it settled above $50.00.

    Important Takeaways for Gold and Oil
    • Gold price started a fresh increase towards $1,950-$1,960 and recently corrected lower against the US Dollar.
    • There was a break below a major bullish trend line with support near $1,920 on the hourly chart of gold.
    • Crude oil price surged above the $48.00 resistance and it even broke the $50.00 barrier.
    • There is a key rising channel forming with support near $50.60 on the hourly chart of XTI/USD.

    Gold Price Technical Analysis

    Gold price started a fresh increase above the $1,910 resistance level against the US Dollar. The price broke the $1,925 and $1,950 resistance levels to move into a positive zone.

    The price even traded close to the $1,960 before it faced sellers. A swing high was formed near $1,959 on FXOpen before the price started a downside correction. There was a sharp decline below the $1,950 and $1,940 levels.

    Oil Price Technical Analysis

    Crude oil price started a steady rise after it broke the key $48.00 resistance zone against the US Dollar. The price broke many hurdles near $50.00 to move further into a positive zone.

    The price even broke the $51.00 level and settled above the 50 hourly simple moving average. It traded to a new multi-month high near $51.26 before starting a downside correction. It declined towards $50.50 level and it is currently rising.

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  12. radex78

    radex78 ECZ Member

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    CHAMPIONSHIP TRADING FOREXCUP 2021

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    CHAMPIONSHIP TRADING FOREXCUP adalah nama baru dalam kejuaraan perdagangan dengan warisan yang hebat. Dengan dukungan dari mitra terkenal, termasuk broker forex dan CFD global FXOpen, ini adalah kesempatan Anda untuk membuktikan keberanian Anda di dunia perdagangan.

    Kami berkomitmen untuk memberi Anda persaingan yang adil dan andal, untuk memungkinkan Anda hanya fokus pada perdagangan dan strategi Anda, memberi Anda kesempatan terbaik untuk membuktikan diri sebagai Trader Teratas.

    Satu-satunya batasan adalah kepercayaan diri Anda

    Siapapun yang memiliki akun FXOpen dapat berpartisipasi dalam kejuaraan; satu-satunya syarat adalah memenuhi setoran minimum dan memastikan kepatuhan dengan aturan.

    Pemenang menerima:
    • hadiah uang tunai $ 50.000 (juara pertama);
    • Piala Kristal khas (tiga tempat pertama);
    • promosi merek pribadi dalam siaran pers, wawancara, dan artikel dari Penyedia Kejuaraan dan mitranya (tiga tempat pertama).

    Perdagangkan instrumen apa pun
    Pilih dari FX spot, Indeks, Komoditas, Saham, Logam atau CFD Crypto * dan mulai berdagang.

    * CFD Crypto tidak tersedia untuk diperdagangkan di semua yurisdiksi.

    Tidak ada batasan pada metode perdagangan yang adil
    Pedagang dapat menggunakan strategi hukum apa pun - perdagangan harian, posisi buy, EA. Pemenangnya adalah trader yang menunjukkan keuntungan paling banyak di akhir tahun. Anda dapat membaca lebih lanjut tentang peraturan kontes di sini.

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  13. radex78

    radex78 ECZ Member

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    Traders lost $2.6 billion in one day as Bitcoin crashed by $8,000

    The rate of the first cryptocurrency promptly fell below $33,000, and altcoins fell even more dramatically. Against the background of market decline exchanges eliminated positions of more than 260 thousand users. It is reported that the losses of one of the users exceeded $10 million.
    Traders lost more than $2.6 billion after Bitcoin prices plummeted. In the last 24 hours, it has plunged 19 percent to $33,500, and at its low, the rate was below $32,500, according to tradingview.com. Altcoins also went down in price: Ethereum and XRP lost 22% of their value, and market capitalization fell 19.5% to $900 billion.
    Because of the crypto market collapse, traders who used leverage to open long positions on cryptocurrencies expecting their value to rise suffered significant losses. As the price of assets fell, exchanges liquidated long positions of 260,000 users within a day. According to bybt.com, one of them lost more than $10 million on a bad trade.
    Today's liquidations marked a new high since November 25. At that time, Bitcoin was close to $20,000 but failed to reach its previous high and fell to $16,000. Such fluctuations caused traders to lose $2.3 billion in 24 hours. However, the record, set in March, is a long way off. At that time, BTC fell in price from $8k to $3.8k, which led to liquidations of $5.8bn.

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  14. radex78

    radex78 ECZ Member

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    Results of the "Money Managers" Forex Contest Announced

    "Money Managers", a Forex contest with real PAMM accounts, ended on December 31st, 2020.

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    We have received the results of the contest and present the winners to you:

    1st place: AM_Foresight gets $5000-prize.

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    2nd place: MHon gets $3000-prize.

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    3rd place: ycchai gets $2000-prize.

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    The prize will be added to an investment account according to a 50/50 offer: 50% of the profit goes to the Manager, the investor (the Company) receives the remaining 50%.

    We congratulate the winners and wish them further success in trading!

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  15. radex78

    radex78 ECZ Member

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    Changes to FXOpen Trading Hours on US Martin Luther King Day

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    Dear Traders,

    Please note that due to the celebration of Martin Luther King Day in the US on Monday, January 18th, 2021, trading hours for some financial instruments will be changed as follows:

    Monday, January 18th, 2021
    • Spot commodities CFD:
      • Gold (XAUUSD) – trading ends at 20:00;
      • Silver (XAGUSD) – trading ends at 20:00;
      • US Crude (XTIUSD) – trading ends at 19:45;
      • US Natural Gas (XNGUSD) – trading ends at 19:45.
    • Indices CFD:
      • Japan 225 (#J225) – trading ends at 20:00;
      • US SPX 500 (#SPXm) – trading ends at 20:00;
      • US Tech 100 (#NDXm) – trading ends at 20:00;
      • Wall Street 30 (#WS30m) – trading ends at 20:00.
    • Stock CFD – trading closed.
    All other financial instruments will be traded as usual.

    Please consider these changes when planning your trading activities next week.


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  16. radex78

    radex78 ECZ Member

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    FXOpen Launches Traders Tools Extension for Google Chrome

    Dear traders,

    FXOpen prides itself on providing you with the best Forex trading tools directly from your browser! Install the FXOpen Traders Tools extension for Google Chrome and use it to help shape your trading strategies.

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    Features
    • Analytics – in-depth technical and fundamental analysis and forecast for currencies and commodities by experienced financial analysts;
    • Quotes – real time prices and spreads;
    • Calendar – important events and releases that affect the forex, stocks and commodities markets;
    • Company news – latest FXOpen company news and promotions;
    • Live news – FX live trading news.

    Instal for chrome

    The extension is also connected to the MyFXOpen area and Forex trading accounts page, allowing you to access the information you need with just a single click.

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  17. radex78

    radex78 ECZ Member

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    Changes in cryptocurrency CFD trading schedule on January 17

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    Dear Traders,

    Please, note that on Sunday, January 17, CFD cryptocurrencies will not be traded from 15:00 to 17:00 (+2 GMT) due to scheduled maintenance. We apologize for the inconvenience and kindly hope for your understanding.

    Please consider this information when planning your trading.

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  18. radex78

    radex78 ECZ Member

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    Changes to FXOpen Trading Hours on US Martin Luther King Day

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    Dear Traders,

    Please note that due to the celebration of Martin Luther King Day in the US on Monday, January 18th, 2021, trading hours for some financial instruments will be changed as follows:

    Monday, January 18th, 2021
    • Spot commodities CFD:
      • Gold (XAUUSD) – trading ends at 20:00;
      • Silver (XAGUSD) – trading ends at 20:00;
      • US Crude (XTIUSD) – trading ends at 19:45;
      • US Natural Gas (XNGUSD) – trading ends at 19:45.
    • Indices CFD:
      • Japan 225 (#J225) – trading ends at 20:00;
      • US SPX 500 (#SPXm) – trading ends at 20:00;
      • US Tech 100 (#NDXm) – trading ends at 20:00;
      • Wall Street 30 (#WS30m) – trading ends at 20:00.
    • Stock CFD – trading closed.
    All other financial instruments will be traded as usual.

    Please consider these changes when planning your trading activities next week.


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  19. radex78

    radex78 ECZ Member

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    IMPORTANT WEEK FOR GLOBAL POLICY RATES

    The week ahead of us is critical for the currency market. On Wednesday, we have the inauguration day in the United States, as Joe Biden will officially become the new President. The Biden’s administration economic agenda is based on three pillars – fiscal stimulus, infrastructure spending, bringing back the Obamacare program – and the markets will closely monitor the developments in these three areas.

    One day later, FX traders have the first major central bank meeting of the year, as the European Central Bank (ECB) announces its decision this coming Thursday. The central bank made it clear that the Euro is too high and that the higher EURUSD exchange rate weighs on inflation, but that did not stop the EURUSD rate from reaching 1.23.

    In the meantime, the exchange rate eased from the highs, trading below 1.21 – is this the start of a new cycle for the EURUSD pair?

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    Fed vs. ECB
    The pandemic caught the ECB already having the interest rate in negative territory. In the aftermath of the European sovereign crisis in 2012, the ECB lowered the deposit facility below zero, where it still is at present. As such, the central bank was forced to use other unconventional tools to ease the policy during the pandemic.

    So did the Fed. But the Fed opted to avoid negative rates and to focus more on stimulating the business environment by printing huge amounts of new dollars. In 2020 alone, the Fed printed over 30% of all the dollars ever created. Yet, this did not translate into inflation, although it is too early to tell at this point if inflation will be a theme in the years ahead.

    The Fed’s actions sent the dollar lower, and the ECB and other central banks had little or no power to stop the dollar’s decline. As such, the Euro and the other G10 currencies, all appreciated against the dollar.

    Now that the crisis is adverted, as suggested by the available vaccines and the vaccination programs around the world, the market may choose to revert the dollar decline theme seen during the pandemic. If that is the case, this week, we should see the first signs of a trend change.

    Global policy rates are close to zero and are expected to remain so for the foreseeable future. Only in 2023 and beyond the major central banks are forecasted to lift the rates. However, even then, the ECB’s deposit facility rate is predicted to remain below zero.

    Therefore, judging by the interest rate differential that exists and will keep existing in the years ahead, the market may see a sharp reversal in the EURUSD exchange rate.

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  20. radex78

    radex78 ECZ Member

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    BTC AND XRP – PRICES CONTINUE TO RISE

    • BTC/USD
      The price of Bitcoin has been moving sideways since last week as it came up to $40,000 area but then fell to $33,813 at its lowest point yesterday. This occurred after recovery and now we are seeing another minor one with the price reaching $37,486. Currently, it is being traded slightly lower but is still in an upward trajectory.
    • XRP/USD
      The price of Ripple has been increasing and came up by 13.87% from its yesterday’s low at $0.2714 to $0.309 where it is now being traded.

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