dkbMARKETS is all about Enlightening & Mentoring Traders. This Trading & Investing blog was formed to give daily updates and advise on Dr Aderemi Banjoko's Day Trades, Swing trades and also other investments in the financial markets. This will hopefully assist you in learning the basic foundations of how to be successful in the Financial Markets (fixed income, stocks, commodities and currencies (FX).
dkbMARKETS Trading Competition Starting on the 17th of July 2017
This is a Trading competition with the aim of introducing you and getting you involved in the exciting world of Trading the Financial Markets or Forex Market.
Each competitor should open a DEMOAccount a week to the start of the competition, which should be funded with exactly $100,000 using a leverage of 1:100.
Opening of multiple accounts by the same person leads to disqualification. Previous Winners are NOT allowed to take part. The registration closes at midnight of the 16th of July 2017 and the winner at the end of the competition (by Midnight of the 28th of July 2017) will be the trader with the highest account balance.
The competition starts on the 17th of July and ends on the 28th of July 2017.
1st prize - $100
2nd prize - $50
3rd prize - $30
4th - 10th prizes - $10 each
The prize money will be deposited into the winner's Live Account and can be traded with or withdrawn (withdrawal will be done in the Naira equivalent). Therefore, the winners must open a Live Account to receive the prize money.
This is the 2Day 5Min Chart for GBP/USD The pending SELL order just below the Pivot point at 14771 was taken at 8.35am with a STOP loss of 20points and PROFIT limit of 60points in place. No further trading till after the economic reports.
This is the 2Day 5Min Chart for EUR/USD There are quite a few reports coming out from the Euro-zone today and also a meeting of the Euro-zone finance ministers. Trade with caution today. A pending BUY order has been placed just above the Pivot Point at 12936. There are no clear SELL opportunities.