Analytical skills and ability to foresee are the unalienable qualities of a successive trader, as the correct prediction of currency rates is the key to profitable trades. MT5 forum supportive by its reliable partner InstaForex Company launches motivation of its most far-sighted forumers. Every weekend one can forecast the levels of hitting for three currency pairs: EUR/USD, GBP/USD and USD/JPY. During the week we are monitoring, whose predictions are right and the person who guessed the trend for all currency pairs gets a pleasant prize deposited to the trading account.
1. The contest is held every week. 2. The forecasts will be accepted from 00:00 (GMT+3 forum time) Saturday until 23:00 Sunday (GMT+3 forum time). Make sure you adjust your time with the forum time that can be found on Settings > General Settings > Date & Time Options. The forum time that we will use for this contest is "GMT+3 Baghdad, Riyadh, Moscow, St. Petersburgh" and don't forget to set DST Correction Option: to "Automatically detect DST settings". 3. The forecasts are only taken in a certain thread. The predictions which were posted in different threads are not part of the contest. 4. After the end of the contest week the forecasts are examined to be right or wrong. The quoting rates of the trading server InstaForex-SINGAPORE.com serve as the reference. 5. The week's prize fund amounts to 150$. The prize sum goes shares among all winners. If one participant wins, he/she receives total prize money. In case no correct forecasts have been filed during the week, the prize for that week is wasted. 6. The prize money is deposited to the participant's trading account, attached to his/her profile at the beginning of the week which follows the contest week. 7. The prize money cannot be withdrawn from the trading account; however, the profit received with the usage of the prize money can be withdrawn. 8. If a winner doesn't have his account attached to his profile after 1 week of winner announcement, his prize will be lost! 9. All participants must comment and vote in all 3 threads. In case someone doesn't posts and ends up as a winner, he risks his prize being cancelled.
We wish you right forecasts!
For more details about the contest, please, file requests in this thread.
Last edited by PhAnToMtRaDeR79; 11-16-2015 at 04:04 PM.
Reason: rule 2 updated
i dont know which creteria we should mention here, is it daily price of a currency pair-- i.e, highest or lowest price. or avg pips movement . or we should predict the whole weeks price, like- to end of this week eur/usd will touch this range.
but i post my prediction of eur/usd for upcomming week here--
the trend of the week will be bullish. we can might see eur/usd to touch 1.4850 zone by this week. and also the lowest price range for this week is 1.4300.
i dont know is this enough or not, should we give some pic or we need to be more precies on predecting price point.
I think we should have charts and drawing lines to where we think the price will be for the week. Numbers should be typed as well in my opinion.
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