A-Mega Reward

What is the Amega Reward?

The Amega Reward is a brand-new promotion that can enhance the earnings received by the Loyalty Cashback Program.

How does the Amega Reward promotion work?

The Amega Reward works in conjunction with the Loyalty Cashback Program.
By completing 5 lots in trading within a month of your last deposit, you will receive $20 as a reward in addition to the existing cashback of the Loyalty Program.

This means that trading 5 lots within a month after your deposit will yield:

  • $5 per lot = $25 (Loyalty Cashback Program)
  • Plus, $20 (Amega Reward)
  • For a total of $45 in cashback, which you can transfer to your trading account or withdraw

Key Points for the Amega Reward Promotion:

  1. The Amega Reward is valid beginning December 12th
  2. The Amega Reward applies only to the Forex and Metal Markets
  3. The Amega Reward counts as an addition to the payout of the Loyalty Cashback Program
  4. You must complete 5 lots of trading within a month after your last deposit, in order to receive the $20 dollar payout
  5. The Amega Reward is applicable regardless of the market direction
  6. The acquired funds can be transferred to a trading account or withdrawn as physical cash
  7. The Amega Reward is unlimited. This means that you will receive $20 for every 5 lots completed within a month after your deposit, with no cap

If for example, you complete 10 lots within the allocated time, you would receive $40 on top of the Loyalty Program cashback (5×10=50) for a total of $90.

This is a unique opportunity to jump into the action today! Registering with Amega is super-fast, and account verification only takes a few minutes, thanks to our innovative verification app.

Join Amega today, and take advantage of this unique promotion!

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EURUSD 05.12.2022

Medium-term trend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.05991-1.05779 and it is going to the target zone №2 1.08111-1.07899. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.03676-1.03464. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation: 

It’s recommended to try to have a long position near the control resistance zone 1.03676-1.03464 (230 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

The control resistance zone is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

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GOLD 05.12.2022

Medium-term trend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1793.37-1787.67 and it is going to the target zone №2 1850.37-1844.67. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1751.28-1745.58. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation: 

It’s recommended to try to have a long position near the control resistance zone 1751.28-1745.58 (625 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

The control resistance zone is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

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BRENT 02.12.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 83.924-83.174 and it has a potential to reach the target zone №2 76.424-75.674. The best prices to try to have a short position are the control resistance zone 89.049-88.299. In case of the price is fixed upper the control resistance zone the medium-term trend will be changed to the bull market and all short positions should be closed.

Trading recommendation: 

It’s recommended to try to have a short position near the control resistance zone 89.049-88.299 (825 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

The control resistance zone is constructed from the current minimum. If this minimum changes by n points the zone should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

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NZDUSD 02.12.2022

Medium-term trend: Bullish

The bull market is continuing. The price has already reached the target zone №1 0.63654-0.63514 and it is going to the target zone №2 0.65054-0.64914. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 0.62591-0.62451. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation: 

It’s recommended to try to have a long position near the control resistance zone 0.62591-0.62451 (155 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

The control resistance zone is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

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EURUSD 01.12.2022

Medium-term trend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.03871-1.03659 and it is going to the target zone №2 1.05991-1.05779. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.02692-1.02480. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation: 

It’s recommended to try to have a long position near the control resistance zone 1.02692-1.02480 (230 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

The control resistance zone is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

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USDCAD 01.12.2022

Medium-term trend: Bullish

The bull market is continuing. The price has already reached the target zone №1 1.36817.136593 and it is going to the target zone №2 1.39101-1.38869. Any price reduction is considered like corrective. The best prices to try to have a long position are the control resistance zone 1.34258-1.34042. In case of the price is fixed below the control resistance zone the medium-term trend will be changed to the bear market and all long positions should be closed.

Trading recommendation: 

It’s recommended to try to have a long position near the control resistance zone 1.34258-1.34042 (240 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

The control resistance zone is constructed from the current maximum. If this maximum changes by n points the zone should also be shifted n points up. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

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The uncanny trading Thesaurus

Unusual terms you may (or may not) come across while trading.

We all know that the terms bull and bear refer respectively to a rise or fall in the market. Similarly, you might also be aware of the terms hawk and dove, which refer to central bank decisions regarding the interest rate, hawkish being a more aggressive stance aimed at raising interest rates in order to curb inflation, while “dovish” referring to the considerably more soft approach, of keeping interest rates lower.

But have you ever heard, for example, of the term to the moon?

To the Moon is perhaps the one market movement expression investors want to hear over anything else; it describes an often sudden, quick and considerable rise of a stock or asset. As the name suggests, it is reserved only for extremely skyrocketing (pun intended) appreciations.

The opposite of to the moon, would be the term, tanking. Tanking refers to a rapid and significant depreciation of a stock or asset.

Now, I would like you to say the next one with me. Ready? Garbatrage!

Apart from being fun to pronounce, Garbatrage refers to trading activity that is based on rumor or “herd psychology” (a term that means following the general consensus, in our case, following the general investor sentiment). For example, a usual occurrence of Garbatrage occurs when two major companies in the same sector, are involved in a takeover.

A similar term, albeit with darker undertones, is pump and dump, a technique employed only by the lowest morally-inclined market manipulators. It describes a move to capitalize on a market’s positive movement by unethical means, such as fake news, recommendations or untrue reviews on a stock planted or fabricated by themselves. It would be worth noting that this is a crime punishable by law and should not be even considered by individuals who value ethical trading or general freedom.

Another fun, albeit disgusting term referring to market news, is cockroach theory, a term that describes the notion that once bad news is released relating to the market, more unfortunate news are lurking in the shadows. This goes back to an old saying that goes: “For every cockroach you see, there’s a 100 more you dont.

When to terms related most commonly to the stock markets, the lingo again, is rather imaginative and fails to disappoint. Terms like catching a falling knife,  which refers to the situation where a trader buys a depreciating stock, in hopes of a price rebound, which unfortunately does not come, leaving the trader with considerable losses.

And if you thought that was a bit cringy, how about the expression dead cat bounce, which in spite of the imagery of perishing felines it invokes, describes the short-lived rally of an extended downward trend in the markets?

And of course, after cats, we just had to follow up with dogs. Dogs of the Dow to be more specific, a term used to describe companies that are within the 10 highest dividend-yielding stocks from the Dow-Jones Industrial Average. 

But since we’ve talked about bulls and bears and dogs and dead cats, I would like to turn your attention to a more pleasant term, and one that is named after my favorite mythological creature: the Unicorn!

In the markets, a Unicorn is a startup that has come to be valued at 1 billion or more. Just like their magnificent legendary counterpart, they are extremely rare, and according to the more cynical amongst us, non-existent.

As an added bonus, here is a list of terms that describe various currencies or currency pairs:

  • Aussie: the Australian Dollar (AUD)
  • Kiwi: The New Zealand Dollar (NZD)
  • The Cable: The most commonly traded currency pair GBPUSD. Named after the cables that were once used for monetary transactions between Britain and America.
  • Barney: The USDRUB currency pair. The name derives from the fact that the Russian currency sounds a lot like Ruble, the last name of the famous Flintstones character.
  • Betty: You can’t have Barney and not have Betty. This is a nickname for the GBPRUB currency pair, in honor of Barney Ruble’s wife.
  • Swissy: A rather unimaginative nickname for the Swiss Franc.
  • Loonie: The CADUSD currency pair. Named after the loon, a native Canadian bird that also decorates the 1 CAD coin.
  • Ninja: The USDJPY currency pair. This is pretty much self-explanatory, but just in case, it’s because ninjas come from Japan.

Unfortunately, this article is only scratching the surface, when it comes to unusual market terms. I sincerely hope it has at least provided you with some entertainment, if not with some (probably useless) knowledge.

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USDJPY 30.11.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 138.092-137.674 and it has a potential to reach the target zone №2 134.020-133.626. The best prices to try to have a short position are the control resistance zone 142.415-141.970. In case of the price is fixed upper the control resistance zone the medium-term trend will be changed to the bull market and all short positions should be closed.

Trading recommendation: 

It’s recommended to try to have a short position near the control resistance zone 142.415-141.970 (475 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

The control resistance zone is constructed from the current minimum. If this minimum changes by n points the zone should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

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USDCHF 30.11.2022

Medium-termtrend: Bearish

The bear market is continuing. The price has already reached the target zone №1 0.95800-0.95535 and it has a potential to reach the target zone №2 0.93193-0.92942. The best prices to try to have a short position are the control resistance zone 0.96459-0.96190. In case of the price is fixed upper the control resistance zone the medium-term trend will be changed to the bull market and all short positions should be closed.

Trading recommendation: 

It’s recommended to try to have a short position near the control resistance zone 0.96459-0.96190 (290 points from current minimum) with using the pattern «Head&Shoulders» at least on timeframe M15.

The control resistance zone is constructed from the current minimum. If this minimum changes by n points the zone should also be shifted n points down. The risk/reward ratio for every order should be at least 1/3.

All zones are constructed on the basis of data from the CME futures market.

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