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Weekly EURUSD Price Prediction Contest

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EURUSD Price Prediction Contest


CURRENT STATUS:

  • PAUSED



PRIZES:

  • $100 TRADING MONEY

  • There will be a WEEKLY PRIZE of $100 for the life of the contest. Every week a new winner will be selected and a new $100 payout will be issued.




PAYMENT METHODS:


Note: Please read the forum section called Forex Zone Transfers To Brokers



HOW TO PARTICIPATE:

  • In this forum topic, simply post what you think EUR/USD will close at for a given week. For example, a sample post could look like, "I predict EURUSD will close at 1.14005 at market close". It's fast and simple to participate!

  • Entries for a given week can start after Admin makes a post saying that predictions are being accepted for the upcoming week or it is Sunday 10 PM UTC time, whichever occurs first. The deadline\cutoff time to post your prediction will be Wednesday at 10 PM UTC time. Entries submitted after the cutoff time will not be valid for winning.
     


WINNER SELECTION:

  • Every week a new winner will be selected.

  • Winning is based on WHOEVER IS CLOSER in predicting the EUR/USD closing price for a particular week. The difference in Points (smallest unit of price measurement) will be used to determine the winner.

  • Example #1: If you predicted that EUR/USD will close at 1.14005 and EUR/USD actually closed at 1.14010, this is a difference of 5 Points and is still very accurate and you may still be a winner. So whoever predicts NEAREST TO THE CLOSING PRICE is considered the winner.

  • Example #2: If you predicted that EUR/USD will close at 1.14005 and EUR/USD actually closed at 1.15005, this is a difference of 1000 Points and is not accurate. Most likely, another member has predicted a nearer closing price and you will not win. So whoever predicts NEAREST TO THE CLOSING PRICE is considered the winner.

  • The usernames of the winning members will be posted on the forum for all to see.

  • In case multiple members predict the same distance in Points compared to the official closing price, these members will all be considered as a possible winner. In such case, the winning prize will be awarded to whoever posted the prediction the earliest. The time of the post and/or last edit, as recorded in the forum, is what will be used to determine who is earliest.



ADDITIONAL TERMS:

  • IMPORTANT: Only members who already have an account opened with one of the available brokers and have fully passed KYC may participate. If Forex Zone has no record of you having an account opened and/or not passing KYC then your prediction will not be considered.

  • Modifying your post to update your predicted price is allowed, but only before the cutoff time. The deadline to post your predictions is Wednesday at 10 PM UTC time every week. After this cutoff time, modifying your post is not allowed. Any posts which have been modified after the cutoff time will be considered invalid.

  • It is possible to win multiple weeks. There is NO LIMIT on the amount of times a member can win.

  • The sharing of accounts between forum members is prohibited. Only your own personal account may be used for this contest. Members caught sharing accounts or trying to receive money on behalf of another forum member will forfeit their prize and may be ineligible for this contest in the future. If you cannot open your own account as mentioned above, please do not participate in this contest.

  • Traders are expected to trade with the free trading money they receive. Members who do not trade with the free trading money may be excluded from all contests/promotions in the future.

  • Due to closing price discrepancies among brokers, the Forex Zone administration will select an official closing price from the reputable source Oanda. The default closing price will be taken from the Oanda MT4. However, there may be times that the Oanda website may need to be checked as well. The closing price which is selected by Admin will be used for the purpose of selecting a winner in this contest.

  • This contest is operated by the Forex Zone forum and is completely independent from the websites listed above. DO NOT CONTACT THE BROKERS MENTIONED ABOVE WITH QUESTIONS OR CONCERNS ABOUT THIS CONTEST. This will be a waste of everyone's time. All questions or concerns regarding this contest should be directed to the Forex Zone forum. If we receive complaints, you may be excluded from the posting contest and other disciplinary actions may be taken.

  • Participation in this contest is optional and done according to your own will.

  • Participation in this contest is free of charge.

  • All participants have an equal chance of winning.

  • You are responsible for the accounting and recording of your own winnings, if any, that you receive from this contest for tax purposes. We will not send out tax forms or get involved with your taxes unless it becomes legally mandatory to do so.

  • Under no circumstances will we be held liable for any damages or losses you incur by participating in this contest.

  • The terms and conditions of this contest may change at any time. You are responsible for checking back here for updated terms or conditions, if any.

  • If you do not agree with all the terms of the contest stated, do not participate.


Linkback: https://www.forex.zone/forex-contests/28/weekly-eurusd-price-prediction-contest/703/
#1 - February 02, 2019, 06:36:22 PM
« Last Edit: October 23, 2021, 01:40:36 PM by Admin »

Weekly EURUSD Price Prediction Contest in Forex Contests_topic=585

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The contest for the week of February 03, 2019 is now open.
Cutoff time for entries will be February 07, 2019.

Participants can now post their EURUSD closing price predictions. Good luck!
#2 - February 02, 2019, 09:57:45 PM
« Last Edit: February 02, 2019, 10:55:46 PM by Admin »

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at least how many members participate in this contest?
#3 - February 03, 2019, 03:50:25 AM

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I predict EURUSD will close at 1.1352 at market closed
#4 - February 03, 2019, 01:49:29 PM

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at least how many members participate in this contest?
There is no minimum or maximum that must participate. All the terms are stated in the 1st post.
#5 - February 03, 2019, 02:39:28 PM

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1.1280 looks like a nice number to end the week on 
(for starters, I see we can modify our predictions)
#6 - February 03, 2019, 10:06:38 PM

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1.12750
#7 - February 03, 2019, 10:16:30 PM
Weekly EURUSD Price Prediction Contest in Forex Contests_topic=4522

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i predict eur-usd wil be 1,14060 at market close
#8 - February 03, 2019, 11:23:51 PM

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 If you predicted that EUR/USD will close at 1.14005 and EUR/USD actually closed at 1.15143
#9 - February 04, 2019, 02:24:02 AM

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for this week's closing EURUSD 1.3030 pair
#10 - February 04, 2019, 10:09:18 AM

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EURUSD price close at 1.16424
#11 - February 04, 2019, 12:01:09 PM

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I predict EURUSD will close @ 1.13870 at market close
#12 - February 05, 2019, 12:44:32 AM

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I predict EURUSD will close @ 1.13875 at market close
#13 - February 05, 2019, 05:33:42 AM

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EURUSD will close @1.1423
#14 - February 05, 2019, 12:45:59 PM

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The contest for the week of February 03, 2019 is now open.
Cutoff time for entries will be February 07, 2019.

Participants can now post their EURUSD closing price predictions. Good luck!
Is there no deadline for guessing, sir?
#15 - February 05, 2019, 04:21:31 PM

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