CTT New Product Launch

Introduction of DX1 (EA)

DX is an abbreviation for diagnosis/diagnosing “Identifying the nature or cause of some phenomenon”

DX1 Trading Strategy

The EA trades only 5 currency pairs and is designed to analyse market conditions, wait for a breakout, and trade the continuation.

DX1 Development & Performance

Whilst taking onboard customer feedback, we have developed DX1 which has the same unique features of the original CTT EA, with a few notable changes.  Returns have been consistent with ROI since live testing began being an impressive 175.59%.

DX1 (EA) Features

Currency Pairs EURUSD, USDCHF, GBPUSD, EURJPY, NZDUSD
Lot Sizes 0.01 per 1,000
Minimum Balance £1,200
Features Trades up to 2 alternative currency pairs (can open multiple positions in same pair)
Leverage 500:1
Account Type Standard
Results https://www.myfxbook.com/members/MYLUCKYDIP/dx1/3956762
Total ROI 175.59%
Cumulative Pips 4,213.70
Trades 1,636

A closer look at the Currency Pairs

EUR/USD, THE MOST TRADED CURRENCY PAIR

The EUR/USD (or Euro Dollar) currency pair belongs to the group of ‘Majors’, a way to mention the most important pairs in the world. The popularity of the Euro Dollar is due to the fact that it gathers two main economies: Europe and the United States of America.

USD/CHF, THE “SWISSIE”

USD/CHF is the abbreviation for the U.S. dollar and Swiss Franc cross. Trading the USD/CHF currency pair is also known as trading the “Swissie”. The Swiss franc is the only franc left in Europe after the rest joined the euro. It is often seen as a safe-haven currency (any globally traded currency that serves as a reliable and stable store of value).

GBP/USD, THE CABLE

The GBP/USD (British Pound/U.S. Dollar) is the abbreviation for the British pound and U.S. dollar currency pair. Also called “the cable”, this cross belongs to the group of Majors.

The Sterling is one of the four most liquid currencies in Forex and one of the reasons is the highly developed capital market. While 60% of the volume of foreign exchange are made via London, the GBP is not the most traded currency but is quite popular due to the good reputation of the UK monetary policy and a high-interest rate.

EUR/JPY

The Euro vs. the Japanese Yen. The Yen is a historically low-yielding currency, influencing traders to borrow cheaply in JPY to purchase higher-yielding currencies, including EUR. Because of this the pair is sensitive to broad-based market sentiment trend swings.

NZD/USD, THE “KIWI”

The NZD/USD currency pair, also called the “Kiwi”, tells the trader how many US dollars (the quote currency) are needed to purchase one New Zealand dollar (the base currency). Together with the Australian Dollar and the Canadian Dollar, the NZD is a commodity currency, that is a currency whose country’s exports are largely comprised of raw materials (precious metals, oil, agriculture, etc.).

Ready to get started?

IC Markets

Step 1:

Login to your existing IC Markets Accounts https://secure.icmarkets.com/Account/LogOn
Once you are logged in, open a new, real MT4 trading account.  Please complete all requested information, ensuring that the following options are selected:

  • 1:500 Leverage
  • Standard Account
  • GBP (Currency)

Once you have done this, you will receive an email from IC Markets with your new account details.  Please proceed to funding your account, ensuring that you deposit the minimum requirement (£1,200 GBP)

Step 2:

Click on the following link: https://members.celestialtt.com/index.php?action=register
Important: When you register, please ensure you use a different email address to the one you originally signed up to Celestial Trading Tools with.

NB – Support will confirm via email once your account is connected.

EightCap

Step 1:

Email customerservice@eightcap.com (also CC: support@celestialtt.com) to request a new slave account.

Step 2:

Login into your Eightcap user portal, and add additional funds to your existing MT4 Account and not your Slave Account

NB: Support will contact you once have completed the above steps and will help you complete your registration

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84% of retail investor accounts lose money when trading spreads bets and CFDs. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.

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