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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Sun May 15, 2016 12:01 pm

Generalized Forex Forecast for 16 - 20 May 2016
First, a few words about the forecast for the previous week:
■ if we talk about the forecast for EUR/USD, as it often happens, graphical analysis turned out to be the most accurate, having predicted the return of the pair to the Pivot Point of February - May at the level of 1.1280. It was that value - 1.1282 - that the pair reached on Friday and, after several unsuccessful attempts to break through this support, it completed the five-day period in the 1.1310 area;
■ with regard to GBP/USD, having returned to the key support / resistance zone for the entire 2016, near 1.4400 ÷ 1.4500, the pair fluctuated around Pivot Point 1.4440 for nearly the whole week. However, at the end of the week, it remembered that most analysts and all the tools of technical analysis had unanimously voted for continuation of its fall. As a result, denoting a bearish trend, the pair moved to the south and recorded the weekly low at 1.4340;
■ forecast for USD/JPY turned out to be only partly true. It had been assumed that at the beginning of the week the pair should go up to the 108.00 resistance, and it obediently did so. But then, instead of showing a rebound down, the pair broke this level and moved sideways in the 108.25 ÷ 109.40 channel;
■ predicting the behaviour of USD/CHF, the majority of experts together with technical and graphical analysis continued to insist on a quest of the pair to consolidate above the level of 0.9800. The pair indeed made several desperate attempts to achieve this significant level, however, the maximum result, which it managed to achieve for the whole week, was the height of 0.9774, located just 26 points below the coveted height.

Forecast for the coming week:
Summarizing the views of several dozen analysts from leading banks and brokerage firms, as well as the forecasts made on the basis of different methods of technical and graphical analysis, we can say the following:
■ throughout May experts have not managed to form any consensus on the future of EUR/USD. The same thing happened this time: 45% of them with the support of 100% of indicators on H4 vote for pair falling to the level of 1.1200, 20% of analysts - for the sideways trend, and 35% - for the pair's growth to the height of 1.1380. Graphical analysis on H4 and D1 agrees with the latter, its readings say that the pair must demonstrate a smooth rebound from the 1.1280 support. If we talk about a long-term forecast, the opinion of the majority of experts (70%) remains the same - reduction of pair to the zone 1.1000 ÷ 1.1100;
■ but with regard to the behaviour of GBP/USD, the outlook remains virtually the same as last week - a continuation of the pair's fall to the area 1.4250 ÷ 1.4300, which should be followed by a rebound to the 1.4500 resistance. With this agree both 65% of analysts, and graphical analysis on D1;
■ USD/JPY. Here, according to experts, indicators and graphical analysis, we should expect the pair's movement in the sideways channel 107.00 ÷ 109.50 in the next few days. At this, the pair, with high probability, will demonstrate a bearish mood, which will result in an attempt to break through the 105.50 support and go down to the lows of early May - in the area of 105.50 ÷ 106.00;
■ as for the last pair of our review - USD/CHF - everything here remains the same - 60% of the experts, 100% of indicators on H4 and D1 and 65% of indicators continue to insist that the pair should reach the level of 0.9800. At this graphical analysis on D1 warns that after a few days in this area, a strong rebound to the south may follow, as a result of which, as it happened in March and April, the pair will drop to the 2016 lower boundary of the sideways channel - to the zone 0.9500 ÷ 0.9585. The nearest support is at the level of 0.9650.

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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Sun May 22, 2016 10:47 am

Generalized Forex Forecast for 23 - 27 May 2016

First, a review of last week’s forecast:
- as to the forecast for EUR/USD, last week there was no consensus in regards to its future. Surprisingly all predictions panned out. 35% of experts backed by graphical analysis reckoned that the pair would gradually bounce off the support of 1.1280 and move towards the resistance of 1.1380, and earlier this week the pair did went upwards and reached the mark of 1.1348. The other 45% of analysts voted for the pair’s fall to the level of 1.1200, which virtually happened in the latter half of the week – the pair wrapped up the week fluctuating within the range of 1.1200 - 1.1230;
- as to GBP/USD, 65% of experts predicted the pair’s drop to the area of 1.4250 - 1.4300, following which a rebound to the support of 1.4500 should occur. However the pair decided to jump the gun and after declining only to the level of 1.4330 it soared and reached the high of 1.4500, then it made a second breakthrough heaving upwards by further 165 points, following which it returned to 1.4500 - the target level of experts. By the way, it’s interesting to look at M1 charts of different brokers for this pair: in the last minute of the week session we may see a candle moving down to the mark of 1.4487 on some brokers’ charts, and some brokers’ charts vice versa show a candle moving up to 1.4513. As to NordFX quotes, they ended the week at the level of 1.4490;
- in the last minute of the session similar various readings were seen in regards to USD/JPY. As to the forecast for this pair, it turned out to be only partly correct. Earlier in the week the pair was expected to move in a sideway channel of 107.00 - 109.50, and it did so. But then, instead of rebounding downwards, the pair, supported by news from the USA, broke the resistance of 109.50 and transited into sideways movement within the range of 109.70 - 110.50;
- predicting the way USD/CHF would act, the majority of experts along with technical analysis continued to insist on the pair’s attempt to consolidate above the level of 0.9800. And that forecast was 100% fulfilled – in the middle of the week the pair reached this benchmark level and went further upwards – to the high of 0.9922. As to the end of the week, it became a focus of attention due to plunging of quotes of several brokers by 15 – 20 points during last minutes of the session.
***
Forecast for the Upcoming Week:
Summing up the opinions of several dozen 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 suggested:
- predicting the future of EUR/USD, 60% of experts backed by 75% of indicators insist on continuation of a descending trend for this pair. They reckon that the pair should fall at least to the level of 1.1100, and it even may go down further 100 points. As for the other experts and graphical analysis, according to their opinion the pair had already reached a local bottom and thus its upwards rebound to the area of 1.1300 - 1.1330 should happen;
- as to the behaviour of GBP/USD, the technical and graphical analysis on D1 concurs and elaborates that the pair would continue its movement in an ascending channel, which had started late February this year. According to this forecast, backed by 65% of experts, the pair would insistently try to reach the high of 1.1500, however this movement may take up to several weeks. As to the shorter-term forecast, the experts do not rule out the chance that the level of 1.4500 may turn from support into resistance for a while (pay attention to divergence of quotes when the last session had been closed). If this scenario plays out, then the key support will be 1.1440, and the next support - 1.4325;
- USD/JPY - here, according to the majority of experts, indicators and graphical analysis, we should expect the pair moving in the sideway channel alongside pivot point of 109.00 within next days. The main support will be at 107.70, resistance – at 111.00;
- as for the last pair of our review - USD/CHF - everything is just as it was – as it was mentioned in previous reviews, the pair may stick to the side channel for a while, with the support of 0.9800 and the resistance level within 0.9900 - 0.9920, whereafter it should go south to the support of 0.9700. Therewith the graphical analysis on D1 shows that afterwards it may again return to the benchmark level of 0.9800 bouncing off which it may plunge down to the mark of 0.9500, this movement may take up to 3 weeks.
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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Sat May 28, 2016 4:43 pm

May 2016: TOP 10 Trading Signals Through the Eyes of NordFX Analyst

It's believed that there are no large drawdowns, but there are small deposits. Let's consider the following example: a drawdown of 90 dollars with a deposit of $100 is a disaster, if the deposit makes $1000 the drawdown is reasonable 9%, and if it makes $10000 then the latter may be ignored.
Traders who trade manually or with expert advisers, using averaging of positions or martingale, will confirm that you should not count on any profit if an account lacks decent funds. The deposit may become at risk of any mighty move of the market. And if we open the ‘Signals’ tab on MT4 and look which of them feature subscription, it becomes clear that a half of providers of these signals trade using the same averaging or martingale system.
Certainly, these high-risk strategies are able to bring both quick profit, and a similar quick zeroing of the account. So how do we reduce the risks? The leading analyst of the international broker company NordFX, John Gordon, discusses this very thing in his monthly reviews.
According to the results of May 2016, TOP 10 most popular signals with subscribers are the following:

I. MenjadiTrader PAMM 144842 (growth 64%, 447 subscribers),
II. Pound Aussie Real (growth 1010%, 170 subscribers),
III. Small to BIG Money (growth 269%, 158 subscribers),
IV. Fusion Project (growth 397%, 155 subscribers),
V. Green Line Signals (growth 77%, 125 subscribers),
VI. MAXI (growth 586%, 103 subscribers),
VII. Lemar Investment Group (growth 809%, 95 subscribers),
VIII. Q2FX (growth 1482%, 90 subscribers),
IX. Asia Balance (growth 432%, 82 subscribers),
X. CB06143 (growth 309%, 79 subscribers).

"MenjadiTrader PAMM 144842 is considered to be a ‘fixture’, J. Gordon states, "ranking among TOP 10 throughout 2016. It doesn't look so attractive against many other signals. Wherein others show growth of hundreds and thousands of per cents, it showed growth of only 17% within last five months (from 47% in January to 64% in May), and at the same time it appeared to top the popularity rating. Why? I think there are three reasons for it:
- the first one is a life time of a signal, 112 weeks in the market without loss of a deposit is already a certain guarantee;
- the second reason is a very small drawdown. It didn't exceed 19% during these two years;
- the third one - subscription to this signal is absolutely free.
Therewith it should be noted that it is clearly not scalping, the average time of position holding makes 3 days. Generally, the author of MenjadiTrader PAMM 144842 has been working rather steadily. As a comparison, there is none of seven signals with a yield of around 2000% and more, included into January rating, in a current TOP 10. So, there is a lot to be thought over.”
“As to other signals”, NordFX analyst continues, “Pound Aussie Real and Green Line Signals are firmly fixed among top performers ranking among TOP 10 for the fourth month in a row. And one more signal is Q2FX, it has been steadily retaining its position among the TOP 10 for the third month.”
“As for Green Line Signals, in my previous comments I insistently recommended to think twice before subscribing to it. And I proved right about it. Due to aggressive trading, the signal lost around 85% of the deposit. This is a rather typical final for the strategies based on martingale or averaging of positions, and therefore the previous 700% turned into just a few tens of percent. It means that all the users subscribed to Green Line Signals in February, March and April lost their money, and only January subscribers, apparently, only the remaining 125 subscribers out of almost 500, who had been subscribed to that signal a month ago, could preserve their capital.
Pound Aussie Real signal seems to be more stable. However it should be used cautiously as a high drawdown is quite common for it, and in May it reached its high of 57%. For those subscribers whose deposits include bonus such a drawdown can be critical.
Currently Q2FX seems to be a more preferable trading signal against previous ones with pretty impressive profit and quite admissible drawdown around 10%.
Small to BIG Money signal took the third place in May rating. To my mind, it is too early for any significant conclusions. This signal exists only three weeks, therewith 388 transactions out of 494 (i.e. around 80%) were made during one day - on May 3, bringing a huge chunk of profit. So far Small to BIG Money shows a moderate drawdown – it is less than 8%, however due to slippage the results of subscribers can turn out to be not so impressive.
Fusion Project signal shows a pretty good performance – there is no hedging, no martingale, average yield makes around 50% per month with the maximum drawdown of less than 10%. The only drawback is a sufficiently short life time of the signal, but it can be fixed if a trader operates properly", John Gordon points out.
“MAXI signal is somewhat similar to Fusion Project - manual trading without a grid and averaging, growth makes around 60% per month with a drawdown of 22%.
By the way, as to the maximum drawdown, it shouldn't be perceived as a certain constant", John Gordon sums up. "For example, in the last review I praised CB06143 signal because its drawdown didn't exceed 4.5% during two years of life. We must admit that this result is stellar. But just a few days ago its deposit drew down by 21.22% and one of the most important indicators was slightly spoiled. However, CB06143 still has investment attractiveness, because it shows sustainable, though not hefty income. And, as you know ‘Practice doesn't make perfect, practice makes permanent’. Especially in the Forex market."
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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Sun May 29, 2016 10:39 am

Generalized Forex Forecast for 30 May – 3 June 2016

First, a review of last week’s forecast, which may be considered as 100% fulfilled:
– as to the forecast for EUR/USD, the majority of experts and indicators insisted that it should go down at least to the level of 1.1100, which the pair did, wrapping up the week just 10 points higher – at the mark of 1.1110;
– as to the medium-term forecast for GBP/USD, technical and graphical analysis concurred and elaborated that the pair would continue moving in an ascending channel, which had started as early as this February. According to this forecast, supported by 65% of experts, the high of 1.1500 is the ultimate target of this pair. Therewith earlier this week, there were doubts as to the way the level of 1.4500 would play out whether as a local support or resistance. Eventually these doubts panned out, during Monday the pair had been fluctuating, at one moment moving above this line, at another – dropping below it, but then on Tuesday it steadily heaved, gaining 300 points and reaching the high of 1.4740 by Thursday;
– making forecast for USD/JPY, both experts and technical analysis expected the pair to move in a sideways channel alongside the pivot point of 109.00. This forecast may be considered as fulfilled – the pair finished the week at the same level it had started from. However its fluctuations appeared to be so marginal, that it failed to fall below the abovementioned level of 109.00, which eventually acted as the support for it;
– the forecast for USD/CHF also suggested that the pair would move in a sideways channel with the support within 0.9900 - 0.9920, which proved to be correct. Only on Friday evening, following the speech of the Chair of the Federal Reserve Janet Yellen and finding almost no resistance, the pair could stall just above the said zone and ended the week at the level of 0.9945.

***
Forecast for the Upcoming Week:
Summing up the opinions of several dozen 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 suggested:
– as to the future of EUR/USD, 80% of experts and 95% of indicators insist that the pair hasn’t reached the local low in the area of 1.1000 yet. Therewith the graphical analysis on D1 points out that before going south, the price may tick up: the first resistance will be at 1.1170, the next one - at 1.1240. When the pair hits its bottom at the level of 1.1000, a mighty upwards bounce may follow, as a result of which it will rise above the mark of 1.1300;
– as to the medium-term acting of GBP/USD, 70% of analysts and indicators on D1 concur and elaborate that the uptrend will continue. The nearest resistance level will be at 1.4800. With this, according to the readings of the graphical analysis on H4, early in the week the pair may go down to the support of 1.4500 and only then it may start moving upwards;
– as to the future of USD/JPY, bullish sentiment predominates among the indicators. Experts’ opinions are split almost equally: 35% vote for the pair’s rise, 35% - for its fall. The remaining 30% predict continuation of its sideways trend, which, according to the readings of the graphical analysis, is the most probable scenario. The first support will be at 109.40, the next support will be at 108.50, the main resistance will be in the area of 111.00;
– as for the last pair of our review - USD/CHF, there is a clear difference of experts’ opinions and the graphical analysis. The former ones (85%), fully backed by indicators, reckon that the pair will make attempts to reach the benchmark level of 1.0000. As to the graphical analysis, it predicts that the pair will rebound downwards and return to the zone of 0.9700, followed by a short-term upward movement to the resistance of 0.9800 and a deeper decline to the support of 0.9500. The graphical analysis allocates between 3 and 4 weeks for implementation of this scenario.

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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Sun Jun 05, 2016 10:48 am

Generalized Forex Forecast for 6 – 10 June 2016

First, a review of last week’s forecast:
– the forecast for EUR/USD reckoned that the pair might first rise to the level of 1.1170, and then – even up to 1.1240, following which it would reverse and start going south. This scenario also considered the fact that according to many authoritative sources the key indicator of economic situation in the USA – Nonfarm payrolls (Nonfarm employment change) – would show its gradual growth. Until Friday the pair had been moving strictly in accordance with this forecast – on Tuesday it reached the first resistance of 1.1173, rebounded, on Wednesday it broke through it, got to the area of the second resistance at 1.1220, following which it reversed and fiercely went south. However, Friday release of data from the USA changed the situation dramatically – actual NFP reading turned out to be 4 times (!) less than it was expected, and thus US dollar plunged by nearly 250 points;
– as to GBP/USD, over the last several weeks the level of 1.4500 was viewed as a medium-term pivot point for this pair. That’s why according to the readings of the graphical analysis the support zone was supposed to coincide with this line. But jitters and heightened volatility ahead of Brexit allowed the pair to drop below it by 115 points. However, afterwards it returned to the above-mentioned pivot point and wrapped up the week at the level of 1.4514;
– a sideways trend with the main resistance at 111.00 and support at 108.50 was deemed to be the most probable scenario for USD/JPY. Similar to EUR/USD, the pair first had been moving virtually within the predetermined range, however, the unexpected NFP data dropped the pair to the month-old values just in several hours;
– the forecast, provided by the graphical analysis for USD/CHF, suggested that it would return to the zone of 0.9700 and it turned out to be absolutely correct, the pair finished the week at the level of 0.9754 – which is 200 points lower than the level it had started from.

Forecast for the Upcoming Week:
Summing up the opinions of several dozen 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 suggested:
– as to the future of EUR/USD, 100% of indicators point upwards. However, the vast majority of experts (around 80%) continue to insist that the pair will go down at least to the level of 1.1100. As to the forecast for summer, in their opinion during this period the pair may move further down – to the mark of 1.1000. The graphical analysis gives more cautious forecasts. According to its readings on Н4 and D1, the pair may first go down towards the support of 1.1283 (the next support will be at 1.1200), and then it will surge upwards to the high of 1.1450. Following which it will after all go south getting closer to the local bottom at the level of 1.1130;
– as to the acting of GBP/USD, analysts’ opinions are split almost equally – 45% vote for its fall, 45% - for its rise, and 10% - for the sideways trend. 75% of indicators on D1 along with the graphical analysis also vote for the sideways movement of the pair, which seems to be the most probable for the upcoming week. As before the pivot point is at the level of 1.4500, the support is at the areas of 1.4455, 1.4400, 1.4330, the resistance is at 1.4535, 1.4600 and 1.4740;
– analysts’ views on the future of USD/JPY differ, some predict its rise (50%) and others expect a sideways trend (the other 50%), none of them predicts its fall this week. Of course the pair may reach its May low of 105.50, however, it will be a short-term movement, and its main trend is south-oriented – towards the pivot point of 110.00;
– as for the last pair of our review - USD/CHF, there is a difference of experts’ opinions and the technical analysis once again. 90% of indicators point down, but 60% of analysts predict surge of the pair to the level of 0.9850. The graphical analysis also doesn’t rule out a similar short-term uptick, however, the analysis on Н4 as well as on D1 continues to insist that a deep decline to the support of 0.9500 may follow. As to the medium-term forecast, it also remains the same, in spite of its fluctuations the pair should reach the benchmark level of 1.0000.

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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Sat Jun 11, 2016 8:09 pm

Generalized Forex Forecast for 13 – 17 June 2016

First, a review of last week’s forecast:
– making forecast for EUR/USD for the upcoming month, the majority of experts (around 80%) insisted that the pair would go down at least to the level of 1.1100. Eventually, following the speech of the president of the ECB Mario Draghi, the pair did start going south and wrapped up the week in the middle between the level of support of 1.1283 and 1.1200, indicated on the basis of the data, provided by the graphical analysis;
– ahead of Brexit the volatility of GBP/USD is increasing day by day. As a reminder, last week opinions of analysts were split almost equally – 45% voted for the pair’s rise, 45% - for its fall, and 10% - for the sideways channel and fluctuations around the Pivot Point of 1.4500. As a result, the pair first went up to the specified line, then it reached the mark of 1.4660, in total moving upwards by 300 points in one-and-a-half day, following which it reversed and turned back to the Pivot Point, and then it plunged, breaking through all expected levels of support and eventually dropping by 500 points;
– and as to the forecast for USD/JPY, it may be considered to be fully fulfilled. All 100% of experts unanimously ruled out the fall of this pair, therewith one half of them voted for its rise, the other half – for its horizontal movement. Eventually, failing to break through the level of support at 106.30, the pair went up by 150 points, and then it returned to the early week marks, identifying the level of 107.00 as the Pivot Point;
– as to the acting of USD/CHF, once again the graphical analysis proved to be right, over a period of several weeks it had been insistently warning of a possible fall of the pair to the support of 0.9500. Eventually the pair almost reached the predetermined target, going down to the level of 0.9577, following which it rebounded and ended the week in the area of 0.9640.

***
Forecast for the Upcoming Week:
Summing up the opinions of several dozen 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 suggested:
– the medium-term forecast for EUR/USD remains the same – declining to the level of 1.1000 during the month. 70% of experts agree to this scenario. As to its acting in the upcoming week, the experts combined with the graphical analysis on H4 and indicators on D1 predict a sideways movement with a predominance of bearish trends and the support at 1.1210. The graphical analysis on D1 provides an alternative point of view. Even though it also predicts a horizontal trend, according to its opinion the pair should first rise to the high of 1.4440, and only then it should go down to the support of 1.1210, and then even further down – to the level of 1.1135;
– as to GBP/USD, the graphical analysis seems to be aware of the approaching Brexit referendum. For at least it refuses to make any forecasts on Н1, Н4, and D1. However, opinions of indicators and experts differ drastically: if 100% of the former point down, then 90% of others reckon that the pair would tend to return to the Pivot Point of 1.4500. Surge upwards to the resistance of 1.4400 is mentioned as the minimum goal;
– surprisingly opinions of experts concerning the future of USD/JPY concurred with both readings of the indicators and graphical analysis. According to their joint decision, the pair will continue moving alongside the Pivot Point of 107.00. The first support will be at 106.50, the second support will be at 105.50, the resistance will be in the areas of 107.50, 107.90 and 108.70;
– as for the last pair of our review - USD/CHF – the experts identify the level of 0.9550 as the local bottom for this pair, and the graphical analysis reckons that this bottom would be at the level of 0.9600. With this, the attempts of the bulls to return the pair to the zone of 0.9700 – 0.9750 are pointed out. As to the 30-day forecast, the opinions vary: the analysts keep insisting on the pair’s attempts to reach the level of 1.0000, and the graphical analysis suggests that when the pair bounces off the resistance of 0.9750, the pair will go down to the lows of early May in the area of 0.9445.

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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Fri Jun 24, 2016 9:59 am

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Take your chance to get large profit, invest simple and easy with Nord Machine.
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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Sun Jul 03, 2016 10:47 am

Generalized Forex Forecast for 04 – 08 July 2016

First, a review of last week’s forecast:
– as to EUR/USD, those 20% of analysts, suggesting the gradual rise of the pair, alike the rise of USD/CHF after the ‘Black Thursday’ as of 01/15/2015, turned out to be right. At least, over the past week the pair regained nearly 150 points and wrapped up the week within the area of lows seen in late May – early June;
– the forecasts as to the future of GBP/USD were also vague, as well as the forecasts in respect of future relationships of Great Britain and EU: last week opinions of the analysts were split almost equally: 30% voted for the pair’s fall, 40% - for the its rise and 30% - for a sideways trend. That’s exactly what happened: first the pair slightly fell, then it went up a little bit, then it moved downwards again and eventually it appeared at the low of June 24 - 1.3270, having fulfilled expectations of all experts, including those supporting a sideways trend;
– making forecast for USD/JPY, 40% of experts and the graphical analysis on Н4 predicted that the pair would move within the range of 101.00 – 104.00, which did happen, only range-adjusted – it turned out to be even narrower than predicted - 101.40–103.40;
– as to USD/CHF pair, 70% of experts, backed by the majority of indicators, expected the pair to return to the pivot point of 2015/16 at the level of 0.9800. The pair did rallied fairly quickly to the predetermined level, where it had been stalling during the midweek, following which it went down to the same values it had started the week from – to the area of 0.9730.
***
Forecast for the Upcoming Week:
Summing up the opinions of several dozen 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 suggested:
– the effects of Brexit are likely to influence the condition of markets for a very long time. And uncertainty in respect of the way the Foggy Albion will be separated from the EU (and whether it will ever be separated) causes uncertainty in forecasts of analysts. As to the acting of EUR/USD for the upcoming week, 45% of analysts insist on the pair’s rise, 45% - on its fall, and the remaining 10% reached a compromise voting for a sideways trend. Readings of the indicators show the same variety of opinions, but the graphical analysis on Н4 draws a well-defined sideways channel within1.1035–1.1180. With this, you should consider that NFP data – the key figure of economic health of the USA - will be released on Friday, July 08, which usually cause spikes in exchange rate of US dollar. Unlike the fuzzy week forecast, the medium-terms forecasts provide a much clearer picture: over 80% of analysts reckon that in somewhere about two months the pair will go down first to the level of 1.0800, and then further – to the area of 1.0500–1.0600;
– as to GBP/USD, here we can see a unique situation – 100% of experts, fully backed by the technical analysis, predict a sideways trend, which is of course due to the uncertainty surrounding Brexit. The level of 1.3300 is referred to as the pivot point, 1.3070 – as the lower boundary of the channel, 1.3550 – as the upper boundary. As to the forecast until the end of the month, here more than 55% of experts tend to believe that the pair will fall below the level of 1.3000;
– as to the future of USD/JPY, almost 70% of analysts, backed by 100% of indicators and the graphical analysis on H4, voted for the pair’s fall at least to the zone of 100.00–101.00. With this the area of 103.50 is indicated as the main resistance level. An alternative point of view, supported by the remaining experts and the graphical analysis on D1, suggests a possible rise of the pair to the level of 106.30. Therewith, you should consider that currently USD/JPY is at the pivot point level of the first half of 2014, and it may move alongside this line for some time;
– as to the last pair of our review – USD/CHF, it’s highly likely that the pair will continue fluctuating around the pivot point of 0.9800, and with this it will pursue bullish attempts to return to the landmark level of 1.0000.
Roman Butko, NordFX
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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Fri Jul 08, 2016 9:14 pm

June 2016: TOP 10 Trading Signals Viewed by Analyst of NordFX

We continue posting ratings of MQL5 trading signals, which you can easily subscribe to using the tab ‘Signals’ at the bottom of terminals МТ4 and МТ5. As a reminder, this service is a very effective substitute of your own trading - manually or with the help of the advisors. The main difficulty here is choosing those strategies worth to be subscribed to. Currently around five thousand strategies are presented on ‘the display window’, and selecting the ones, resulting in a sustainable profit, rather than in a one-time deposit loss, is quite challenging.

As usual, John Gordon – expert in investment security and leading analyst at broker company NordFX, analyzing mistakes, often made by investors, subscribing to any given signal, is acting as our consultant in respect of this service.

Following the results of June preferences of the subscribers/investors are as follows:
I. MenjadiTrader PAMM 144842 (growth 75%, 430 subscribers),
II. Arrow (growth 1461%, 204 subscribers),
III. Stable Forex Profit (growth 10562%, 199 subscribers),
IV. Small to BIG Money (growth 341%, 179 subscribers),
V. Q2FX (growth 1748%, 119 subscribers),
VI. Lemar Investment Group (growth 742%, 106 subscribers),
VII. Setka Real2 (growth 1013%, 104 subscribers),
VIII. LVIK Forex Commo (growth 26%, 75 subscribers),
IX. A1 Daily Profit (growth 1152%, 64 subscribers),
X. Y2016 (growth 1491%, 63 subscribers).

“For starters”, offers John Gordon, “let’s give some general statistics. So, as compared to the previous month, Top 10 is renewed by 60%. The previous providers left in the top list are:
– MenjadiTrader PAMM 144842 –still ranks No. I;
¬– Lemar Investment Group – the signal moved ahead one step – from VII to VI place;
– Small to BIG Money – conversely, dropped one place and currently holds IV position;
– and signal Q2FX, which switched from VIII place to V.

As to the other signals, which were among previous May TOP-10, the situation is as follows:
– Fusion Project moved down from the sixth to the thirty-third place in the rating of popularity among the subscribers;
¬– CB06143 changed its name to TRIPLEX 003 TYPE AA, and giving up its positions, currently holds the twenty-fourth place instead of the tenth;
– Green Line Signals, was not even in TOP-10, but in TOP-3 during several months, currently it didn’t just drop out of the leaders’ team, but lost almost all its subscribers, showing a drawdown of 97% from the deposit;
– Pound Aussie Real appeared on the 36th place versus the previous 2nd;
– Asia Balance – ranks No.37 (previously – No.9);
– signal MAXI showed the greatest drop in the rating, it moved down from the 6th place to the 57th.”

“It should be noted that our forecasts as to the reliability of a given signal”, continues analyst of NordFX, “mostly pan out. And those signals, positively recommended by us, usually can easily stand and tick along even the sharpest fluctuations of cross rates, even the ones seen during Brexit. However, unfortunately, quite often investors choose absolutely other signals, being guided only by the profit figures and paying no attention to our calls for being cautious, which leads to quite poor results. For an example, I'd like to cite what we told about Green Line Signals three months ago, in March:

“Consider”, I wrote previously, “the signal is just 12 weeks old, its maximum drawdown is 53%, and such close calls happened twice over three months. On the signal provider’s website, the figure is an even more alarming 63%. Time will tell whether I’m right or wrong urging to be extremely cautious with this signal.”
“Time proved I was right, and instead of previous growth of 700% June figures showed loss of 65% with the maximum drawdown of 96%!”

"Generally, while selecting signals for subscription,” John Gordon says, "I urge to analyze other signals of the same author as well. We may take signal Pound Aussie, being among TOP-10 in May, as an example. Apart from this signal, its author offers to subscribe to two more signals: Mix Demo and London Hawk. Needless to say, that the first signal, operating on a demo account, shows a very impressive deposit growth – 1200% in little over a year. But a drawdown is also impressive – 81%, which is a cause for serious concerns. And if the account, which you use for a subscription, also includes a bonus from your broker, with such a drawdown it almost 100% likely to be zeroed.

The second signal – London Hawk – is operating on the real account, it is only 7 weeks old, it shows growth of 24%, but herewith the maximum drawdown has already tested the mark above 53%. The obvious conclusions spring to mind. And more than 80% of investors have already come to such conclusions, having cancelled the subscription to Pound Aussie Real.

Or, for example, another signal which just amazes with its profitability – Panen Profit, plus 9113% in just under a year! And the maximum drawdown for such a growth is quite acceptable – 50% from the deposit. It's an excellent result but for several ‘buts’.
The first one is what I call "reverse martingale" – trade tactics where first the author of a signal gains ‘pace’ of the deposit with a high risk, and then sharply slows down. With such a scheme, only those investors signed to the signal at the very beginning of its lifespan get the main profit. And here example of Panen Profit is very illustrative: September of 2015 – plus 290%, October – plus 238%, November – 8%, and further from 9 to 27% per month.
As a whole and with such figures the subscription can turn out to be quite profitable, but there is the second ‘but’, which is that the drawdown of 50% appeared not when the growth was approaching to 300%, but during the months with a rather gradual increase of the deposit of 20–25%.

Of course, a degree of admissible risk is determined by the investor himself and nobody else. I'm just trying to help with accurate assessment of a balance between this risk and profitability.
Let's assume that you had been signed to Panen Profit since 6/1/2016. For this month the deposit growth made around 25%, and the drawdown – 50%. Subscription cost – 30 USD/per month. So that you could leave in a month with zero result, your initial deposit should make 120 USD. The risk of loss makes 50% from 120 USD, that is 60 dollars, plus 30 dollars paid for the subscription, total 90 USD. But if your deposit makes, let's say, 1200 USD instead of 120, it will be a different and more attractive scenario," - John Gordon from NordFX sums up. "Specifics and a great advantage of the service 'Signals' is in the fixed cost of subscription, regardless of the size of the investor's deposit. Thus, with deposit growing higher, not only absolute, monetary profit is increasing, but also relative profit, expressed as percentage from the initial capital, the risk is, correspondingly, decreasing, which is good news for any investor".
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Re: NordFX.com - ECN/STP, MT5, CQG, Multiterminal broker

Postby Julia NordFX » Sun Jul 10, 2016 6:29 pm

Generalized Forex Forecast for 11 – 15 July 2016
First, a review of last week’s forecast:

– as to EUR/USD, the forecast for this pair may be considered as 100% fulfilled. As a reminder, based on the readings of the graphical analysis a sideways trend within the range of 1.1035–1.1180 was indicated as the main scenario. Indeed, the pair was keeping within 1.1028–1.1185 during the entire week, and even Friday release of NFP data couldn’t drive it out of this channel for long. Eventually the pair wrapped up the week at the level of 1.1050;

– making forecast about the future of GBP/USD, the majority of experts tended to believe that during the month the pair should plunge below the level of 1.3000. In contrast, the week review reckoned that the pair would move in a sideways trend with the pivot point of 1.3300. However the pair couldn’t rise above this level and already during the first half of week hit the monthly target, having moved down to 1.2795, whereafter it changed over to a sideways trend within the range of 1.2870–1.3050;

– predicting the acting of USD/JPY, nearly 70% of analysts, backed by 100% of indicators and the graphical analysis on H4, voted for the pair’s fall to the area of 100.00–101.00, which did happen with 100% accuracy: the area of 100.20 acted as the main support for the pair, 99.98 – as the low of the week;

– USD/CHF – the forecast for this pair reckoned that the pair was highly likely to fluctuate around the pivot point of 0.9800 and tend to return to the landmark level of 1.0000. Eventually, the pair soared on the news from the USA, got to the level of 0.9865, and then rebounded, ending the week at the level of 0.9830.

***
Forecast for the Upcoming Week:

Summing up the opinions of several dozen 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 suggested:

– this time it was easy to sum up opinions of experts and reading of the technical analysis about the future of EUR/USD. 90% of analysts, 100% of indicators and the graphical analysis concur and elaborate that the pair will fall to the low of June 24, the day when the results of Brexit referendum had been announced. Afterwards the pair should transit to a side movement within the range of 1.0900–1.0970. An alternative scenario also provides for a movement in a sideways channel, however a bit more northwards – within the range of 1.0970–1.1050;

– as to the future of GBP/USD, it’s clear that opinions of indicators (70%) are south-oriented. 25% of experts also look southwards. However, according to the majority of analysts, supported by the graphical analysis, after bouncing off the bottom in the area of 1.2860, the pair should upswing, where, having reached the resistance of 1.3370, for some time it should keep within the channel of 1.3100–1.3370, and then it will get back to the support of 1.2860;

– as to the last pair of our review – USD/CHF, the forecast is practically unchanged - fluctuations around the pivot point of 0.9850 with prevalence of bullish trends. The nearest resistance level will be at 0.9945, target will be at 1.0000.

Roman Butko, NordFX

Notice: These materials should not be deemed as a recommendation for investment or guidance for working on financial markets and they are for informative purposes only. Trading on financial markets is risky and it can lead to loss of money deposited.
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