And the winner is

Contest Director · (#1 (**permalink**))

oh, wait, I'm still trying to read these &^%#*@( Netdania charts.

Noon candle openings
GBPUSD 1.9628

And, in the event of a tie
EURUSD 1.5801

Now I have to look through all the entries and see who won.

Contest Director · (#2 (**permalink**))

Just in case I typed any wrong numbers into the speadsheet, if you think I've made an error, you have until noon on Thursday the 17th to point it out. That is just under 47 hours. After that point, I will contact the 3 winners about prize delivery.

As far as my spreadsheet tells me, there were no ties, so the contest is based only on the GBPUSD price.

The three closest entries were...

andreamusse86 21 pips
karn9103 28 pips
Aaron S 47 pips

The most amazing entry was in the tiebreaker EURUSD. Since there was no tie, this category was not used. Superstar was 1 pip off from the actual price!

The most wildly innacurate entry was pippinjay missing the GBPUSD price by 1404 pips.

pcindia · (#3 (**permalink**))

Hey Felix
not fair, there should be a prize for 4th nearest contestant also.LOL!

Contest Director · (#4 (**permalink**))

I have just sent an email to all 3 contest winners. If you are one of them and don't have the email, check your junk/spam/bulk mail folder. If you still can't find it, post something here.

Per contest rules, you have 7 days from now to write back and tell me where and how to send the money. Otherwise, you'll be paying my bar tab next weekend. Your choices for this contest are PayPal, cash, or check.

As a special 4th prize, I'm going to try to send 1 pip to pcindia as soon as I figure out how to slice off 1/100 of a cent.

Aaron S · (#5 (**permalink**))

This contest was fun because I actually learned something from it. You have to combine both past and future fundamentals with technical skills in order to successfully plot a future price. Not that I have the skills for either of these, but I'm learning

I was close on the GBP/USD only because I was able to correctly judge the long term down trend with technicals. I also saw that they had an ailing housing market just like us and they were due for a rate cut during the next meeting.

I was off on the EUR/USD simply because I misjudged its power. I looked at a medium term down trend and thought it might drop, so that's what I chose. I didn't, however, take into account that they probably wouldn't cut interest rates and that the CPI would probably continue to rise, which is why they didn't cut rates in the first place.

If I had to take something away from this contest, that would be it. If going for a long term trade, yes, you should follow the trend. However, keep in mind current fundamentals and look a bit into the future to see what fundamentals it has in store for it there.

That's my two cents, and I hope you all had fun and learned something in this contest. I know I did

GLTYA in future trades!

karn9103 · (#6 (**permalink**))

The second place prize and its winner have successfully found each other.thanks to everybody involved

andreamusse86 · (#7 (**permalink**))

Hi guys! I've received the prize. Thanks for your contest and for your generosity.

Contest Director · (#8 (**permalink**))

Two of our three winners have their money now. Aaron S should be getting a check as soon as the postal snail gets around to delivering it.

Aaron S · (#9 (**permalink**))

Alright, I have officially received my gift. I would once again like to thank you guys for giving me the chance to partake in this contest. It was a great learning experience, it was fun, and I hope to be able to contribute and possibly participate in future contests.

AS