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Thread: Nord FX - The base of your success !!

  1. #631
    Senior Member tava's Avatar
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    In order to choose professional forex brokers wisely, you need to do proper homework to estimate the trustiness of your broker. There are lots of brokers that are not reliable to work with because they will always leave you when you need them badly.

    That is why, we recommend choosing NordFX as your Forex Broker.

    NordFX trading conditions will allow you to feel confident in the market regardless of your financial capabilities, level of training and trading experience.

  2. #632
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    NordFX has integrated a payment system FasaPay.

    FasaPay advantages include:
    • Transactions in IDR and USD
    • Fast money transfers (within 2 hours)
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    • Secure funds transfers due to 256-bit AES encryption
    • Clear and easy system of deposits and withdrawals

    How does it work?
    • Open a FasaPay account
    • Make a deposit into your FasaPay account
    • Fund your trading account via FasaPay in the NordFX Trader’s Cabinet

    Now NordFX customers get an opportunity to quickly and efficiently fund their accounts and withdraw money not only in US dollars but also in Indonesian rupees (IDR).

    We trust that with FasaPay your work with NordFX trading accounts will become even more convenient and effective.


    Open Your NordFX Account!

  3. #633
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    Generalized Forex Forecast for 22-26 June 2015

    First, let’s review last week’s predictions:
    • the forecast for the EUR/USD pair for the previous five days was based on the assumption of a monthly sideways trend in the range of 1.1050-1.1350 with Pivot Points along 1.1260. With that, the possibility of a rise at the start of the week was not excluded. Until Wednesday, EUR/USD followed the forecast to the letter but later, due to the news from the US Federal Reserve, it shot upwards, breaking through the level of resistance at 1.1350. Then, however, the pair quickly returned to the mentioned range and finished the week near its upper boundary;
    • the analysts and the indicators were certain that GBP/USD would grow to 1.5680. Before that, according to graphical analysis, the pair was supposed to fall to the support level around 1.5440. That actually happened – on Monday the pair fell to 1.5487 and then went upwards, reaching the target upper boundary by Wednesday. Later on, the news from England and the USA started to actively push the British pound even higher, which resulted in the pair reaching the level of last December;
    • despite the reports from the USA, the USD/JPY pair managed to remain in the mentioned range of 122.45-125.00 with the Pivot Point at 123.50, fulfilling the forecast 100%;
    • in the standoff between the analysts and the indicators about the future of USD/CHF, the latter came out to be right, supported by graphical analysis. As predicted, the pair first went up and then dropped down, reaching the support level at 0.9250. Then, due to the very same news from the USA, the pair decisively broke through it and turned the support into the upper level of a sideways trend.


    Now regarding the forecast for this week. Summarizing the opinions of 35 analysts from world leading banks and broker companies, as well as forecasts based on different methods of technical and graphical analysis, the following can be put forward :
    • the absolute majority of the experts tend to believe that EUR/USD will remain in the monthly sideways trend and thus will have to fall to its bottom boundary around 1.1200 and even further to 1.1160. Graphical analysis confirms this. The indicators are definitely (74%) against all of the above. Most likely, the pair’s movements early in the week will make it clear which of the forecasts should be trusted;
    • the indicators show just one thing for GBP/USD – only an upward movement. The analysts, in turn, are again at a loss: ↑ – 33%, → – 12%, ↓ – 55%. Graphical analysis as an arbitrator supports the pair’s entering into a sideways trend and a fall to the levels of the beginning of May. Support will be around 1.5800 and 1.5740;
    • most experts (60%), indicators (52%) and even graphical analysis agree that GBP/USD should first fall to 121.50-122.00 but their further forecasts diverge. Even with graphical analysis, there is an antagonism – the H4 timeframe clearly shows a rebound upward and a 122.00-124.50 sideways corridor while D1 pulls the pair further down to support at 120.00, the level off which the pair may rebound and rise even above 126.00;
    • all forecasts of the experts regarding the USD/CHF pair continue to spin around 0.9250. At first, it was support, then became resistance, and now the experts consider it a Pivot Point. Yet the indicators propose a slightly lower Pivot Point around 0.9180-0.9200. In both cases the talk is about a sideways trend, the difference being that in the former case, the boundaries are set in the range of 0.9080-0.9390 while in the latter, upper resistance will be about 0.9250.


    Roman Butko, NordFX

  4. #634
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    Are you Professional Trader ?
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  5. #635
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    Join “DemoCup” at NordFX - Prize Real Money



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  6. #636
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    Get 25% Bonus Deposit from NordFX




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    How to be come Partners/IB in Nord FX?

    To become a Partners/IB NordFX you have to do 2 simple steps!

    1. Open a Trading Account USD (Micro, Standard or MT-ECN). *
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    Open Account Partne/IB Now!!!

  8. #638
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    Generalized Forex Forecast for 29 June - 3 July 2015

    First, a review of the forecast for the past week:
    • most experts suggested that the EUR/USD pair would hold in the monthly sideways trend and therefore descend to its lowest level around 1.1200 and possibly beyond that to 1.1160, which happened with 100% accuracy;
    • taking into consideration the opinion of 55% of the analysts and graphical analysis indications, the GBP/USD pair was predicted to go down to the 1.5740 support level. The forecast was also fulfilled as the pair finished the business week at that level precisely;
    • the prediction of the 122.00-124.50 sideways corridor for USD/JPY also ended up being correct. However, it was said that before getting to the upper boundary of the corridor, the pair would descend to just below 122.00 but it didn’t happen. Nonetheless, there was a just minor descent, and on Monday the pair lunged upwards, making it to the 124.40-124.50 resistance level by Wednesday;
    • the experts set 0.9390 as a resistance level for USD/CHF. The pair reached this mark already on Tuesday, after which its volatility rapidly diminished and the pair continued to move within a much more modest range of 0.9285-0.9390 for the rest of the week.


    Forecast for the upcoming week.
    Generalizing the opinions of 35 analysts from world leading banks and brokerage companies, as well as forecasts based on various methods of technical and graphical analysis, the following can be concluded :
    • both the majority of the experts and the indicators foretell a further sideways trend for EUR/USD, with the bears enjoying a certain advantage. Thus, 1.1035 can be considered as a likely strong support level. The upper boundary of the corridor remains at 1.1450, the Pivot Point is 1.1200;
    • according to the analysts, the GBP/USD pair will most probably be in a sideways trend too. Unlike the EUR/USD scenario, bullish tendencies will dominate here. Due to this, one can’t rule out either the pair’s rise to the upper boundary of the corridor at 1.5930 or a break through it and an upward movement towards 1.6000;
    • the experts and the indicators agree that the bears will also demonstrate their strength in the battle for the future of the USD/JPY pair. A likely Pivot Point is 123.85, last week’s final level, while the pair’s target will be a break through resistance around 124.40 and reaching 125.00;
    • the USD/CHF pair displays an inverse correlation with EUR/USD time and time again, in view of which USD/CHF can be expected to rise to 0.9400 or even further to 0.9450.



    Roman Butko, NordFX

  9. #639
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    NordFX provide deposit and withdrawal methods are very much to facilitate the process of the Fast Deposit and Withdrawal. For electronic payment system process is instant deposits and withdrawals are 1-2 hours, maximum of 1x24 hours.



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