PERTANDINGAN FOREX-Demo accounts contests – Prize money is more than USD 39,000!

Dear Clients and Partners!

We are glad to inform you that the Demo Accounts Contest registration has started.

Prize money is USD 3,000 + 900 a month. A winner can use it anyway (s)he wants without any limitations!

The RoboForex Company contests are a great opportunity for:

1. Beginner traders to test trading using demo accounts without any risk of losing their own money;

2. Professional traders to test their trading strategies and improve their skills;

3. Partners to receive an additional income for attracted clients.

To learn more information on terms and conditions of Demo accounts contest, please visit our website, “Forex demo contest” section.

The contest starts on Monday, March 7th, at 00:00:01 (GMT+1)
finishes on Friday, April 1st, at 23:00:00 (GMT+1)

  Monthly Prize money is divided between 7 participants:
 

Place	Prize money for Clients	Prize money for Affiliates
1	1000 USD	300 USD
2	750 USD	225 USD
3	500 USD	150 USD
4	350 USD	105 USD
5	200 USD	60 USD
6	150 USD	45 USD
7	50 USD	15 USD
Total:	3000 USD	900 USD

KIRA Fibonacci`s CALCULATOR

Fibonacci levels are a powerful technical analysis tool which lets a trader define both possible aims of trend retracement and extension and major resistance and support levels.

The three Fibonacci levels - 38.2%, 50% and 61.8% - are called “Fibonacci retracement levels”. The 38.2% and 61.8% retracements are the most significant. They are often called “the first retracement level” (38,2%) and “the second retracement level” (61,8%) or just the 38% or 62% retracements. These levels are symmetrical with respect to the 50% level. The levels 100%, 138,2% and 161,8% are called “Fibonacci extension levels”.

When drawing Fibonacci retracement and extension levels it’s necessary to define the market range from the swing point low to the swing point high of the correspondent low and high bars in an uptrend and from the swing point high to the swing point low of the correspondent high and low bars in a downtrend.  

The given Fibonacci Calculator will enable you to calculate major retracement and extension levels in uptrends and downtrends.

To calculate the levels you’ll have to fill in the “High price” and “Low price” rows for the given trend and to press the “Calculate” button.