Forex System Guide

Warmest congratulations to the finalists for the last step of the contest!

2nd stage results:
1. 83577, China - $1 000;
2. 78658, Russia - $700;
3. 80469, Romania - $500;
4. 77450, Indonesia - $200;
5. 78904, Belarus - $100;
6. 78631, Russia - $100;
7. 76415, Hong Kong - $100;
8. 78702, China - $100;
9. 76489, China - $100;
10. 75094, Russia - $100;

Date and time of the next contest stage:

Start - 24.05.2010 00:00 (server time);
Finish - 04.06.2010 22:00 (server time);
Results and winners naming - 07.06.2010.

More info: contest.nordfx.com

Good luck in trading!

Our congratulations to the finalists for the next step of the contest!

3rd stage results:

1. 88873, Poland - $1 000;
2. 89609, China - $700;
3. 91379, China - $500;
4. 96018, Indonesia - $200;
5. 92842, Indonesia - $100;
6. 95438, China - $100;
7. 94034, China - $100;
8. 93454, Lithuania - $100;
9. 93837, Pakistan - $100;
10. 95460, Ukraine - $100.

Date and time of the next contest stage:

Start - 21.06.2010 00:00 (server time);
Finish - 02.07.2010 22:00 (server time);
Results and winners naming - 05.07.2010.

More info: contest.nordfx.com

Good luck in trading!

Dear users, we are pleased to present you an exclusive interview with 3rd stage DemoCup winner!

1) How long have you been trading Forex?

I'm trading forex for 3 years.

2) What is the time frame of your trading system?

It's hard to tell, because my system uses multiple timeframes. But mainly I
focus on lower timeframes, from M1 to M15. Higher timeframes are just for
help.

3) How do you determine points of market entry and exit (if it is not
considered to be a commercial secret)?

Points of entry and exit are calculated by the expert advisor. It uses
several indicators (mostly custom). My system is based mostly on market
range/momentum/volitality indicators.

4) Do you use any own (self made) indicators and advisors?

Yes.

5) Is the use of Stop Loss required by your trading strategy?

Of course. My trading strategy is mostly scalping, therefore I use very
tight stoploss - 5 to 10 pips.

6) What have attracted you to our demo accounts contest?

The prize, of course

7) Would you like to amend some conditions of the contest?

No, I think everything is ok.

8) Do you plan to continue trading on NordFX life accounts?

Yes, I already have an account with NordFX.

9) Could you please offer some advices for beginners?

First of all, always use stop loss. Remember about a good risk to reward
ratio - dont trade systems with 10 pips TP and 100 pips SL. And one last
thing - dont make your firs live account deposit too big. In most cases
you'll loose it. I did

Good luck in trading!
 

Our congratulations to the finalists for the next step of the contest!

4th stage results:

1. 108926, China - $1 000;
2. 108078, Bulgaria - $700;
3. 109577, Indonesia - $500;
4. 108825, Indonesia - $200;
5. 107949, China - $100;
6. 108298, China - $100;
7. 108049, China - $100;
8. 109318, China - $100;
9. 107084, China - $100;
10. 107962, China - $100.

Date and time of the next contest stage:

Start - 19.07.2010 00:00 (server time);
Finish - 30.07.2010 22:00 (server time);
Results and winners naming - 02.08.2010.

More info: contest.nordfx.com

Good luck in trading!

Enjoy Changes in Spread and Trading Condision Nordfx Micro Account :
05.07.2010

Dear clients !

Since June 5, we improve trade conditions for "Micro" accounts. Additional currency pairs available previously only on the senior types of accounts, reduced spreads, increased 20 times maximum lot - now trading with "Micro" accounts is extremely convenient!


* $5 minimum deposit;
* 21 currency pairs; ==> previous 12 pairs
* Fixed spread from 2 pips;
* Leverage up to 1:500;
* Minimal lot 0.01;
* Maximum lot 10 with step 0,01; ==> previous Maximum 0,5
* Maximum number of open positions and pending orders 100; ==> previous 50
* Automatic trading is allowed;
* Level of margin call /stop out 40%/20%*;

More info : www.nordfx.com/trading_account_micro.html