Indian Forex Forum is pleased to announced that now it will be holding a Regular Weekly Contest, Euro Daily Magic (Weekly Contest).
In this Contest, The Participants would just need to Predict How the Current Running Daily Chart Candlestick of Eur/Usd would Look Like once it gets Closed???
The participants would need to Predict Daily Chart Candle of Eur/Usd Pair Everyday i.e for Monday, Tuesday, Wednesday, Thursday, Friday etc.
And, Should give their Daily Predictions in Respective Thread.
Will it Either Look Like a :-
1.) Doji Candle. OR 2.) Bullish Candle. OR 3.) Bearish Candle.
The Participant who Predicts more Correct Daily Candles of Eur/Usd from 5 Daily Candles will be announced as a Winner.
Contest Rules :-
1.) All Registered Members are Eligible to Participate in the Contest, they should just have an Instaforex Account Attached to their Profiles before Participation.
2.) The Contest is scheduled to run on Every Week.
3.) The Contest will Start on Market Open i.e on Monday from 00.00 Insta Terminal Time & we will be closed on Friday at 12.00 Insta Terminal Time.
4.) Predictions made by Participants will be accepted Daily for Each Day before 12.00 Insta Terminal Time i.e Predictions for Each Day will accepted before 12 hours time from the New Daily Candle Open.
5.) Participants would need to give their Predictions in the Respective Thread in following Format:-
Mon:- Doji Candle.
Tue:- Bullish Candle.
Wed:- Bearish Candle.
Thu:- Doji Candle.
Fri:- Doji Candle.
7.) Editing of the Post after Prediction Time is NOT Allowed and will result as False Prediction.
8.) The Winners of the Contest will be known once the Market gets Closed.
9.) The Winners will be Announced on every Sunday.
10.) The Total Prize Pool for Every Week for this Contest will be $50 & it will be Distributed Equally among the Winners.
11.) At Max there will be only 5 winners and the participant who gives his/her prediction first will be selected ahead of the other Participants.
12.) The Prize Bonus will be credited to Winners attached InstaForex Account within 1 week after the announcement of the results.
13.) The Final Result of the Candlestick Pattern Generated will be confirmed using InstaForex MT4 Trading Terminal.
14.) The Prize bonus is unwithdrawable, however you can withdraw profit earned from it without any limitations.
15.) If a winner doesn't have his/her account attached at the time of forwarding the winner details, his prize will be lost!
16.) Usage of Multiple Accounts or any Fraud Activity will result in Permanent Disqualification from the Weekly Contest Campaign.
1.) DOJI CANDLE:- A Candle is said to be a DOJI CANDLE which has No Body or has a Small Body where both the Upper & the Lower Tail of the Candlestick is Bigger than the Body of the Candle.
Following are the Examples of DOJI CANDLES:-
2.) BULLISH CANDLE:- A Candle is said to be a BULLISH CANDLE which Closes above it's OPEN price & either the Upper or the Lower Tail of the Candlestick is smaller than the Body of the Candle.
Following are the Examples of BULLISH CANDLES:-
3.) BEARISH CANDLE:- A Candle is said to be a BEARISH CANDLE which Closes below it's OPEN price & either the Upper or the Lower Tail of the Candlestick is smaller than the Body of the Candle.
Following are the Examples of BEARISH CANDLES:-
Last edited by mazprofx; 07-30-2016 at 08:30 AM.
Reason: Rules Updated.**No Eligibility Now
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