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Indian Forex Forum is pleased to announced that now it will be holding a regular Weekly Contest Predict the Mystery Candle (Weekly Contest).
Now, as the title of the Contest suggests, in this contest the participants will need to Predict a Mystery Candle. And, this Mystery Candle will be none other than a Weekly Chart Candle of any Major Pair.
The Participants would just need to Predict How the Current Running Weekly Candlestick would Look Like once it gets Closed???
Will it Either Look Like a :-
1.) Doji Candle. OR 2.) Bullish Candle. OR 3.) Bearish Candle. OR 4.) Hammer Candle OR 5.) Shooting-Star Candle.
Hope, by now, u all have understood what is the Contest all about. It's a very simple Contest and a Contest can't get simpler than this. But, it's not as simple as it looks, here comes the Twists & Turns in the form of Contest Rules.
Contest Rules :-
1.) You can Participate in this Contest If you have been payed/received bonus from the Forum in the Last Month & has your InstaForex Account attached to your profile.
(Contest Participation Rule Changed, now everyone can participate in the contest,
if they satisfy the above criteria).
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, as soon as a New Weekly Candlestick gets Open.
4.) Predictions made by Participants will only be accepted before Tuesday 23.59 Insta Terminal Time.
5.) In this way, the Participants will get a total of 48 hours (i.e from Monday 00.00 - Tuesday 23.59 Insta Terminal Time) to make their Predictions.
6.) Participants would need to give their Predictions in the Respective Thread in just 2 words as follows:-
Doji Candle. OR Bullish Candle. OR Bearish Candle OR Hammer Candle OR Shooting-Star Candle.
7.) Editing of the Post is NOT Allowed and will result in Disqualification.
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 $40 & it will be Distributed Equally among the Winners.
11.) At Max there will be only 8 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.
REFERENCE:-
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 & both the Upper & 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 & both the Upper & the Lower Tail of the Candlestick is smaller than the Body of the Candle.
Following are the Examples of BEARISH CANDLES:-
4.) HAMMER CANDLE:- A Candle is said to be a HAMMER CANDLE which has No Upper Tail or has a smaller Upper Tail compared to the Body of the Candle but it has a Longer Lower Tail & it's bigger than the Body of the Candle.
Following are the Examples of HAMMER CANDLES:-
5.) SHOOTING-STAR CANDLE:- A Candle is said to be a SHOOTING-STAR CANDLE which has No Lower Tail or has a smaller Lower Tail compared to the Body of the Candle but it has a Longer Upper Tail & it's bigger than the Body of the Candle.
Following are the Examples of SHOOTING-STAR CANDLES:-
THIS IS THE MAIN CONTEST PAGE AND ALL THE RESULTS OF THIS CONTEST WILL BE ANNOUNCED, PUBLISHED AND WILL BE STORED HERE IN THIS THREAD.
mazprofx.