Forex-Metal Weekly Market review


Master Trader
Jul 12, 2010
In this issue:

1. Weekly technical analysis
2. First results of the "Jingle Bells" trading competition.
3. Get a free ATM card when you open and fund your new trading account with us.
4. Representatives Wanted!
5. Economic Calendar, Pip value calculator and other useful links.

1. Weekly technical analysis for 22-26.11 2010


The pair has broken support 1.33427 the next aim at Fibonacci retracement 38.2% at 1.30659.

Resistance:1.33427, 1.37441, 1.41130

Support: 1.28004, 1.25667, 1.20280


The pair may decline to Fibonacci retracement 23.6% at 1.53290.

Resistance: 1.59962, 1.64274, 1.68504

Support: 1.52523, 1.48532, 1.43344


The pair is under strong resistance 1.01369.

Resistance: 1.01369, 1.04060, 1.06321

Support: 0.99031, 0.96525, 0.93770


The pair is trading above 83.330, it may bring pair to 84.849.

Resistance: 86.836, 90.909, 94.705

Support: 83.330, 80.244, 76.535


The pair has declined to support level 0.96436. If the pair closes below this level the pair will continue declining to 0.94048. If the pair stays above 0.96436 the pair will rise to 0.97889.

Resistance: 0.97889, 1.00031, 1.02299

Support: 0.94048, 0.89581, 0.85561

2. First results of the "Jingle Bells" trading competition.

Our final trading competition for this year has begun. We welcome all registered participants and wish you all good luck. For all those who haven't joined the competition yet, the main details of the championship are:

Takes place from 22nd November 2010 to 24th December 2010

This is a demo competition - you are playing with virtual cash. But the prizes are absolutely real!
The prizes are as follows:
* 1st place — 500 USD;
* 2nd place — 250 USD;
* 3rd place — 100 USD.

Plus EVERY participant even if he is not a winner will receive a cash prize at the end of the competition. Absolutely everyone if welcome to participate. For more details and to register please visit this page:

The current results of the ongoing competition could be checked here:

3. Get a free ATM card when you open and fund your new trading account with us.

Now you can get the free ATM debit card when you decide to open a new real trading account with us and deposit a minimum $500 into it. The card the bank normally sells for a $49.95 fee is going to be yours absolutely free. And that is not all. You will also get $100 cash on the card upon the card's activation. If you open the account with us within next 10 days you can be eligible for this offer. The full details of the promotion are available here
Please hurry, the offer ends soon.

4. Representatives Wanted!

We are expanding our operations and would like to open a representative office in your country, so we can be closer to our customers. If you feel that you are up to it: to have an interesting business and to have a steady income, then talk to us. You do not need to have any special knowledge - full training and support will be provided by us.
For more details please contact our Business Development team at or talk to our operators via live chat and they will put you to the right person.

5. Economic Calendar, Pip value calculator and other useful links.

• 4 major currency pairs are now also available for trading with market execution. All trading on our platform is done as instant execution, however for USDJPY, EURUSD, USDCHF and GBPUSD you now have a choice to trade them with instant or market execution. To trade these pairs with market execution right click on your symbols, choose Symbols in the menu, then in the section Forex choose these 4 pairs with letter M at the end, i.e. EURUSD_M and press Show.

• The general trading conditions and to open an account click here:

• Make an instant deposit into your account using credit card, Liberty Reserve or other methods. Visit the Deposit Funds page for full list of available payment methods:

• Economic Calendar:

• Pip value calculator:

• No-swap or Islamic accounts.
Did you know that you can have a no-swap account or Islamic account at Forex-Metal?
We offer two types of no-swap accounts: with gifts and donations and without gifts and donations.
No-swap account with gifts and donations: with very small credits (gifts) and debits (donations) on your trading account which are approximately equal to the swap amounts. No account costs.
No-swap account without gifts and donations: no additional credits or debits, only spreads (the same spreads, no difference from the regular account). No account costs.