Showing posts with label different timeframes. Show all posts
Showing posts with label different timeframes. Show all posts

Thursday, June 12, 2008

Practice Competition

Practice Competition

Sigma Forex Ultimate Forex Monthly Champion

Interested clients who wish to take part in this competition shall send a request via email at

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it Attached with the following information:

  • Full name
  • Phone number
  • Current valid passport or government issued photo ID

It begins at the beginning of each month.

After receiving your request we will provide you with further details and with your Practice account login information which will be used in the trading contest.

Also you have to download Sigma Forex Platform to login with the account number and password after receiving them.

Download Sigma Forex Platform

Advantages of Forex

Advantages of Forex


• 24-hour trading, 5 days a week with non-stop access to global FOREX dealers.

• An enormous liquid market making it easy to trade most currencies.

• Volatile markets offering profit opportunities.

• Standard instruments for controlling risk exposure.

• The ability to profit in rising or falling markets.

Leveraged trading with low margin requirements.

• Many options for zero commission trading.

• Easily accessible and attractive for the investors of different levels.

• Protect your revenues from foreign currency transactions by hedging against exposure to adverse rate movements.

Trading Forex has much lower transaction costs than other investment products, a very important point for active traders.

Volume

Four easy rules to follow regarding Volume: 1. When prices are rising and volume is increasing, prices will continue to rise. The uptrend is being confirmed.
2. When prices are rising but volume is decreasing, the uptrend is losing momentum and may be near the end.
3. When prices are falling and volume is increasing, prices will continue to fall.
4. When prices are falling and volume is decreasing, the downtrend is losing momentum and may be near the end.