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[radex78]

Results of the "Money Managers" Forex Contest Announced

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

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

1st place: AM_Foresight gets $5000-prize.

2nd place: MHon gets $3000-prize.

3rd place: ycchai gets $2000-prize.

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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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[ziggler]

Changes to FXOpen Trading Hours on US Martin Luther King Day

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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[radex78]

TOP PAMM ACCOUNTS OF 2020: OVERVIEW

Contents

• nepgusd
• FastWay
• SuperSpeculativ
• ECNp20
• RightSkalper
• IPFx2
• FXSits
• Overlord
• CryptoSits

How to invest in FXOpen PAMM accounts?

We wish all traders, managers, and investors a happy 2021! We wish you confident trading, high-yield investments, and success in all your endeavors!

The end of December and the beginning of January is a difficult period on the market. During this time, the market is called thin because only professionals can trade confidently. And of course, any investor is always on the lookout for managers that will be stable and profitable under any conditions, to have the most balanced portfolio after the holidays with minimal risk of losses. How was the year 2020 memorable for us, and which accounts turned out to be the best in the race?

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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[radex78]

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.

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.

Read more...

 

[radex78]

Changes in cryptocurrency CFD trading schedule on January 17

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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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[ziggler]

PAMM for Masters

Masters are experienced traders who are willing to share their strategies for other clients to follow, and in return they receive a fee or a share of profit.

Benefits of a PAMM Master's Account

• An unlimited number of Followers

FXOpen PAMM Technology gives you the opportunity to offer your strategy to an unlimited number of Followers, while the trading is done from a single MT4.

• 
  
  • Multiple Offers with different parameters

The Master can create several Offers with different conditions to cater for Followers with different capital and risk tolerance.

• Automatic profit/loss allocation

FXOpen PAMM Technology automatically shares profits and losses between the Master and his Followers. This guarantees that the Master will be paid the fees and share of profit on time and strictly according to the Offer conditions which allows the Master to focus on his primary activity – successful trading.

• 
  
  • Master's Performance Monitoring

A detailed performance monitoring system allows the Master to showcase his/her past trading results and attract new Followers. Potential Followers can choose a suitable Master based on visual and easy-to-understand charts, displaying the Master's trading results.

Learn more

 

[radex78]

Changes to FXOpen Trading Hours on US Martin Luther King Day

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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FXOpen Customer Service
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FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[radex78]

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?

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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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[radex78]

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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FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[ziggler]

Changes to Australia Day Trading Hours

Dear Traders,
Due to the upcoming Australia Day celebrations on Tuesday, January 26th, 2021, you will experience the following change in the trading hours schedule:

Thursday, January 26th

• Indices CFD:
  
• Australia 200 (#AUS200) – trading starts at 08:10 AM (GMT +2).

All other financial instruments will be traded as usual.

Please consider these changes when planning your trading next week.

source

 

[radex78]

EUR/USD RECOVERING LOSSES, USD/JPY REMAINS AT RISK

EUR/USD started a downside correction from well above 1.2300 and recently found support near 1.2055. USD/JPY is showing bearish signs and it could decline heavily below 103.50.

Important Takeaways for EUR/USD and USD/JPY

• The Euro remained well bid above 1.2050 and started a fresh increase.
• There was a break above a major bearish trend line with resistance near 1.2120 on the hourly chart of EUR/USD.
• USD/JPY is declining and showing bearish signs below the 104.00 resistance.
• There is a key bearish trend line forming with resistance near 103.98 on the hourly chart.

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FXOpen
FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[radex78]

LITECOIN AND EOS – BEARS ARE IN CONTROL

• LTC/USD
  The price of Litecoin has been in a decline since Tuesday when it was sitting at $166.11 and made a downfall to $130 level today, which was a decrease of 21.74%. Now the price is being traded slightly higher but is still in a downward trajectory.
  The price made a breakout below the ascending channel that formed since the 11th of January when the price fell to the $112.33 area. From there a recovery was made all the way up above the $160 level but now another impulsive descending move has been seen which is most likely the continuation of the corrective decrease.
  
• EOS/USD
  From its Tuesday’s high at $2.926 the price of EOS has decreased by 12.18% as it came down to $2.579 at its lowest wick today. Now the price is looking like it has stabilized above the $2.62 level and is establishing support.
  The price has made a breakout from the ascending channel like in the case of Litecoin but the pattern isn’t as similar as the price of EOS made a more significant decrease from the 10th of January till the 11th then it has now since Tuesday.

Read more...

#LTCUSD #EOSUSD

#cryptocurrencies

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FXOpen - one of the most successful and fastest-growing Forex brokers.
UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[radex78]

FOREXCUP TRADING CHAMPIONSHIP 2021

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.
  
  Read more...
  
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  FXOpen Customer Service
  E-mail: support@fxopen.com
  Live Chat (24/5)
  
  Subscribe our FXOpen Youtube Channel
  
  
  

  FXOpen
  FXOpen - one of the most successful and fastest-growing Forex brokers.
  UK & AU regulated. ECN, STP, Crypto, Micro, PAMM accounts.
  10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[radex78]

Changes to Australia Day Trading Hours

Dear Traders,

Due to the upcoming Australia Day celebrations on Tuesday, January 26th, 2021, you will experience the following change in the trading hours schedule:

Thursday, January 26th

• Indices CFD:
  • Australia 200 (#AUS200) – trading starts at 08:10 AM (GMT +2).

All other financial instruments will be traded as usual.

Please consider these changes when planning your trading next week.


Read more...

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FXOpen Customer Service
E-mail: support@fxopen.com
Live Chat (24/5)

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FXOpen+ Fxopen.eu
FXOpen EU is a trading name of FXOpen EU Ltd. FXOpen EU Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13.
FCA+ASIC+CySEC

10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[radex78]

GBP/USD AND EUR/GBP: BRITISH POUND REMAINS STRONG

GBP/USD extended its rise above the 1.3680 and 1.3700 resistance levels. EUR/GBP is correcting lower and it is approaching a major support near 0.8875.

Important Takeaways for GBP/USD and EUR/GBP

• The British Pound remained well bid above 1.3600 and it climbed above 1.3680.
• There is a key contracting triangle forming with resistance near 1.3715 on the hourly chart of GBP/USD.
• EUR/GBP started a fresh decline after it failed to clear the main 0.8920 resistance zone.
• Earlier, there was a break above a short-term bearish trend line with resistance near 0.0.8860 on the hourly chart.

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+ Fxopen.eu
FXOpen EU is a trading name of FXOpen EU Ltd. FXOpen EU Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13.
FCA+ASIC+CySEC

10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

]

 

[radex78]

ForexCup Trading Championship 2021, a contest for traders to win $50,000, is now live!

FXOpen, a trusted global CFD and Forex broker is proud to announce the launch of the ForexCup Trading Championship 2021. The contest with the main prize of $50,000 runs from January 1 to December 31, 2021, and is available to all traders with active FXOpen accounts.

The ForexCup Trading Championship is a one-of-a-kind contest designed to engage investors, traders, and portfolio managers in fair and reliable global competition. For an entire year, participants will compete for the title of the best and for a hefty cash prize of 50,000 U.S. dollars, which will go to whoever demonstrates the most profit at the end of the year 2021.

• The contest is available to anyone who has an active FXOpen ECN account. The only requirement is to have a minimum trading deposit and follow the contest rules.
• Participants can choose any instruments available within their jurisdictions: spot FX, Index, Commodity, Stock, Metal or Crypto CFDs.
• Three personalized crystal trophies are prepared for the first three places, and the trader who takes the first place will receive a cash prize of $50,000 without any additional conditions.

Forex Trading Championship is a brand-new name among other trading competitions, but it has a big legacy. With the support of renowned partners, including global Forex and ECN broker FXOpen, the championship provides an opportunity for you to compete with the best and put your trading strategies to the test!

“We launched the ForexCup Trading Championship to provide our clients the unique opportunity to test not only themselves but to measure and compare their trading skills against their peers, to take the coveted position of Top Trader. Ultimately, we hope this will identify and inspire the next generation of Forex enthusiasts,” Gary Thomson asserts, the Chief Operating Officer of FXOpen UK.

Anyone interested can sign up now or read more about Forex Trading Championship rules and philosophy here

Source

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FXOpen
+ Fxopen.eu
FXOpen EU is a trading name of FXOpen EU Ltd. FXOpen EU Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13.
FCA+ASIC+CySEC

10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[radex78]

EUR/USD AND EUR/JPY: EURO EYEING UPSIDE BREAK

EUR/USD is holding the 1.2100 support area, but it is also struggling to clear 1.2200. Similarly, EUR/JPY is facing a strong resistance near 126.15, above which it could start a strong increase.

Important Takeaways for EUR/USD and EUR/JPY

• The Euro is consolidating in a range above the 1.2100 support zone.
• There is a major contracting triangle forming with resistance near 1.2170 on the hourly chart of EUR/USD.
• EUR/JPY is facing a major resistance near the 126.15 and 1.2620 levles.
• There is a key contracting triangle forming with resistance near 126.15 on the hourly chart.

Read more...

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+ Fxopen.eu
FXOpen EU is a trading name of FXOpen EU Ltd. FXOpen EU Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13.
FCA+ASIC+CySEC

10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

]

 

[radex78]

LTC AND EOS – CORRECTION MIGHT HAVE ENDED BUT DOWNSIDE POTENTIAL STILL PRESENT

• LTC/USD
  
  The price of Litecoin has been on the rise since yesterday as it came from $118.1 to $132.15 which is an increase of 11.89%. Now it is being traded slightly lower but is still in an upward trajectory.
  This recovery came after a decline of around 20.35% from its high on January 25th when it reached $147.8. This was the continuation of the descending move that started on the 7th of January and is part of the corrective structure of a higher degree count.
  
  
• EOS/USD
  
  From yesterday’s low at $2.465 the price of EOS has increased by 13.61% as it came up to the $2.801 level at its highest point today. The price spiked impulsively to the upside but has since made a minor retracement to the $2.7134 level where it’s currently being traded.
  The price made a higher low yesterday and has attempted to make a higher high but failed to do so on the current rise. However, considering the impulsiveness seen this might change soon.
  
  Read more...
  
  # Cryptocurrency # LTCUSD #EOSUSD #Litecoin #Crypto
  
  
  
  
  
  Follow the updates on Facebook, Twitter dan Telegram.
  
  FXOpen Customer Service
  E-mail: support@fxopen.com
  Live Chat (24/5)
  
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  + Fxopen.eu
  FXOpen EU is a trading name of FXOpen EU Ltd. FXOpen EU Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13.
  FCA+ASIC+CySEC
  
  10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[radex78]

GOLD PRICE STRUGGLES, OIL PRICE CONSOLIDATES WELL ABOVE $50

Gold price made an attempt to surpass the $1,860 resistance, but there was a major rejection. Crude oil price seems to be consolidating gains above $51.50 and $51.20.

Important Takeaways for Gold and Oil

• Gold price is still trading below the main $1,860 and $1,880 resistance levels against the US Dollar.
• There is a major bearish trend line forming with resistance near $1,855 on the hourly chart of gold.
• Crude oil price seems to be facing a strong resistance near the $53.50 and $54.00 levels.
• There is likely an expanding triangle forming with support near $52.00 on the hourly chart of XTI/USD.

Read more...

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+ Fxopen.eu
FXOpen EU is a trading name of FXOpen EU Ltd. FXOpen EU Ltd is authorized and regulated by the Cyprus Securities and Exchange Commission (CySEC) under license number 194/13.
FCA+ASIC+CySEC

10$ No Deposit Bonus for TickTrader ECN Accounts//Join FXOpen

 

[ziggler]

How to start Forex trading?

Whether a currency is increasing or declining in value, there is always a way for you to make money in Forex

Consider a national currency as a security, like stocks, commodities or precious metals. The recipe for success is to buy it at the cheapest price and then sell at a higher price. Or the other way round – sell at a higher price and then buy cheaper. Whether a currency is increasing or declining in value, there is always a way for you to make money in Forex! Knowing the right time to buy or sell will do the trick. This is where market analytics, indicators, signals and automated trading systems come in handy.

Let's consider an example:
Currencies are traded in pairs. For example – Euro against US Dollar (EUR/USD) or British Pound against Japanese Yen (GBP/JPY). A Forex transaction involves buying one currency and selling the other currency at the same time.The exchange rate reflects the value of one currency against the another currency, For example, the quote USD/CHF 0,93160/0,93170 shows, how many Swiss Francs you need to pay to buy or sell 1 US Dollar. Currency exchange rates are always fluctuating depending on the time of the day, the country's central bank rate, government policy, market sentiment and many other reasons.

Let's assume the market forecast the Euro is going to appreciate against US Dollar (bullish trend for EUR/USD). You decide to buy Euros with USD (buy order on EUR/USD). After some time you decide to sell the Euro at a higher price (close the open EUR/USD position). Your profit is the difference between the opening and the closing prices.

How much money do you need to start trading Forex?
In order to attract traders, many forex brokers, including FXOpen, offer to start trading without a starting deposit. You can start trading with us without money from $10, which are credited to you as a welcome bonus to a newly opened active STP account after passing the verification.

Learn the basics of currency trading
Remember that Forex trading involves high risk. There are limitless opportunities to make profit and your potential gain is very high. However,the risk of loss is high as well. If you make an independent and informed choice to become a Forex trader, you should always follow the basic risk management rules. It's not an easy task but it's very important whether you trade with a few hundred dollars or operate millions.

Taking a good Forex education course may be the best investment you'd ever make in your trading career. Take your time to study the basics of trading and practice it in a demo account before you start trading with real money. Always be sure to follow the rule - never trade with money that you cannot afford to lose.

Sign up with FXOpen;