OctaFX_Farid

Technical market observations - RBS FXStreet (Guatemala) - Strategists at RBS offered a snap shot of technical observations across the markets. Key Quotes: "Bunds stuck between retracements, a 144.00 – 146.00 range likely for the next week". "Treasuries reached the downside targets, but bounced from 50-DMA; more downside expected after correction". "Gilts reached the 109.24 level; after a bullish correction, further move South expected". "S&P-500 might have a correction from the 1,949 resistance, but remains bullish overall targeting 2,030". "Italian 10-yr yield broke a key resistance level, making the market bullish towards 2.41% and potentially below". "EUR/USD FX seems to have formed a long-term base after bouncing from 1.35 amid H&S pattern". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 06, 2014 OctaFX.Com News Updates

EUR/JPY remains capped on the upside, 140 remains key FXStreet (Guatemala) - EUR/JPY is trading at 139.82, down -0.05% on the day, having posted a daily high at 140.00 and low at 139.38. EUR/JPY has recovered from below the half way mark on the handle but offers are protecting ground much beyond 139.80 on the bid. Karen Jones, chief analyst at Commerzbank noted that the market’s correction higher has so far stalled at 140. “The near term move higher will make little impact on our negative bias while capped by 141.00 and the 2014 downtrend at 141.93. We look for it to struggle above 140”. EUR/JPY is about ECB and EUR/USD ranges Jim Reid , analyst at Deutsche Bank A explained that the ECB has bought itself some time and seems to be ready to wait for quite a while, possibly next year, for the next step. In terms of the performance of the euro, and taking into consideration of the implications for the EUR/JPY cross, Strategists at the bank explained that conditions are still set in place for a range-bound EUR/USD over the summer months but are worried near term about a potential squeeze higher, particularly given the currency’s propensity to rise after every ECB meeting over the last 12 months and real rates suggesting fair value closer to 1.38. Meanwhile, analyst at Rabobank said to expect EUR/USD to remain mostly confined in the 1.36 to 1.38 area on a 3 mth view and edge down towards the 1.35 area by the end of the year. EUR/JPY Levels Spot is presently trading at 139.83, and next resistance can be seen at 139.90 (Weekly High), (Daily Open), 140.00 (Daily High), 140.02 (Yesterday's High) and 140.12 (Weekly Classic R2). Support below can be found at 139.71 (Hourly 20 EMA), 139.56 (Hourly 100 SMA), 139.55 (Daily 20 SMA), 139.53 (Daily Classic PP) and 139.44 (Weekly Classic R1). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 06, 2014 OctaFX.Com News Updates

AUD/USD back to the start again FXStreet (Guatemala) - AUD/USD> is trading at 0.9326, down -0.14% on the day, having posted a daily high at 0.9360 and low at 0.9319. AUD/USD is back into Asia levels where FX ranges were vey narrow as traders awaited the events in the US session in the jobs data. The US non-farm payrolls rose by 217k in May, very close to consensus. Still, this is a bit of a relief, according to Teunis Brosens, analyst at ING Bank NV, as earlier indicators this week on balance pointed towards some downward risk. “This is the fourth month in a row with job growth above 200k. This includes the winter bounce back, however. Average job growth over the past 6 months is 192k, which is a continuation of the trend growth seen since early 2011. A major hallmark today is that the total number of jobs finally rose above the pre-crisis peak of 138.4m jobs reached in January 2008”…. "In total, this is a solid report showing the continuing gradual improvement of the US labour market”. However, he added that there simply is no evidence of wage inflation yet. “Consequently, we see little likelihood that the Fed will deviate from their established $10bn per meeting taper pace at the upcoming FOMC-meeting (18-19 June)”. AUD/USD next week In respect of the week ahead for Australian, strategists at TD Securities noted the following highlights: “May Business Confidence and Conditions will be keenly watched to gauge whether sentiment has shifted significantly following the Federal Budget and after last week’s poor Building Approvals data, Apr Home loan data takes on more importance, both data releases out on Tues. Westpac Consumer Confidence for Jun is out on Wed followed by the May Jobs report on Thurs”. AUD/USD Levels Spot is presently trading at 0.9327, and next resistance can be seen at 0.9332 (Hourly 20 EMA), 0.9340 (Weekly High), 0.9341 (Daily Open), 0.9348 (Yesterday's High) and 0.9357 (Weekly Classic R1). Next support to the downside can be found at 0.9319 (Daily Low), 0.9315 (Daily Classic PP), 0.9288 (Daily 20 SMA), 0.9284 (Weekly Classic PP) and 0.9283 (Hourly 100 SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 06, 2014 OctaFX.Com News Updates

It is still all about the Fed – Rabobank FXStreet (Guatemala) - Jane Foley, Senior Currency Strategist at Rabobank suggested that the ECB’s went further than expected yesterday with its list of monetary policy measures. However, by the close of the European trading session yesterday EUR/USD had already given back all of its post announcement losses. Key Quotes: “It seems that after years of extraordinary policy measures from various central banks the market has become sceptical as to their potential impact”. “Huge volumes of QE by the Fed, the BoJ and the BoE have been successful at stoking stock markets gains and in many countries house prices inflation also”. “However, slow growth and elevated levels of unemployment are still widespread across the developed world. The ECB’s new TLTRO may appear to be a reasonable concept to push cheap lending out to SMEs in the most stressed regions of the Eurozone”. “However, it is not clear to what extent banks will want to lend into this very risky sector particularly in an environment in which they are paying back existing LTRO borrowing. All these scepticism sits on top of the fact that the dovish warnings of ECB President Draghi in the May meeting had convinced investors to take short EUR positions.” “The ECB over the past few weeks has thus managed to engineer only a “buy of the rumours, sell on the fact” pattern for the EUR; it seems that the ECB’s ability to set the EUR into a new downtrend is still limited. Going forward there is reason to suspect that downside potential in EUR/USD could be evasive until USD bulls re-emerge in force”. “Although there are signs that US growth is picking up after a horrible winter, economic data are not sufficiently strong to draw the bulls back to the market”. “Adding to the torpor of the dollar is the perception that it would take a rocket to move the Fed from its present course of monetary policy. While the Fed is gradually reducing the size of its monthly assets purchases, it has persuaded the market that rates will remain at their all time long for a prolonged period. We expect that the Fed funds rate will not be raised until the very end of 2015 at the earliest and afterwards that the pace of tightening will be slow”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 06, 2014 OctaFX.Com News Updates

It is still all about the Fed – Rabobank FXStreet (Guatemala) - Jane Foley, Senior Currency Strategist at Rabobank suggested that the ECB’s went further than expected yesterday with its list of monetary policy measures. However, by the close of the European trading session yesterday EUR/USD had already given back all of its post announcement losses. Key Quotes: “It seems that after years of extraordinary policy measures from various central banks the market has become sceptical as to their potential impact”. “Huge volumes of QE by the Fed, the BoJ and the BoE have been successful at stoking stock markets gains and in many countries house prices inflation also”. “However, slow growth and elevated levels of unemployment are still widespread across the developed world. The ECB’s new TLTRO may appear to be a reasonable concept to push cheap lending out to SMEs in the most stressed regions of the Eurozone”. “However, it is not clear to what extent banks will want to lend into this very risky sector particularly in an environment in which they are paying back existing LTRO borrowing. All these scepticism sits on top of the fact that the dovish warnings of ECB President Draghi in the May meeting had convinced investors to take short EUR positions.” “The ECB over the past few weeks has thus managed to engineer only a “buy of the rumours, sell on the fact” pattern for the EUR; it seems that the ECB’s ability to set the EUR into a new downtrend is still limited. Going forward there is reason to suspect that downside potential in EUR/USD could be evasive until USD bulls re-emerge in force”. “Although there are signs that US growth is picking up after a horrible winter, economic data are not sufficiently strong to draw the bulls back to the market”. “Adding to the torpor of the dollar is the perception that it would take a rocket to move the Fed from its present course of monetary policy. While the Fed is gradually reducing the size of its monthly assets purchases, it has persuaded the market that rates will remain at their all time long for a prolonged period. We expect that the Fed funds rate will not be raised until the very end of 2015 at the earliest and afterwards that the pace of tightening will be slow”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 06, 2014 OctaFX.Com News Updates

OctaFX.com-Trading Sprint winners speak out! We remind you the names of the winners of the recent Trading Sprint demo contest and offer you to read stories of the exciting winning experience firsthand! 1st place – Mr. Gennadi Gavruchenkov from Russia 2nd place – Mrs. Ayomi Andina from Indonesia 3rd place – Mr. Rashid Abdullaev from Uzbekistan 4th place – Mr. Lisong Zhang from China 5th place – Mr. Wahyuno from Indonesia Trading Sprint contest winners enumerated OctaFX advantages that helped them to gain spectacular results: Mr. Gennadi Gavruchenkov mentioned instant order execution and low spreads. Mrs. Ayomi Andina joined the winner, saying: “I applaud to almost perfect execution, even with minimal internet connection and also to low spreads. OctaFX advantages are well known, after searching several brokers I've ever traded with, I hope OctaFX won’t change”. Mr. Rashid Abdullaev picked no delays of execution of the orders on news as a very convenient condition of trade. Mr. Lisong Zhang described OctaFX’s trading platform as stable and smooth. OctaFX features that helped Mr. Wahyuno to occupy the fifth place are Financial Calendar and Financial News. Mr. Gennadi Gavruchenkov from Russia on his overwhelming success and future plans with OctaFX: “First of all I want to thank the company "OctaFX" for unique conditions of the contest. I wish you success. The idea of winning Trading Sprint brings me joyful mood. When I have time, I take part in competitions and was sometimes among winners, not higher than fourth position. That’s my first place for the first time in a very serious competition with strong rivals. My secret is experience and acquired understanding of price movements. The strategy I used consisted of simple truths: trend lines, support/resistance and RSI, CCI, MACD indicators. I encountered significant losses though, because unfortunately I did not use stop losses and ended profitable deals before the end of the trend, hampered by the lack of discipline and emotions. At the end of the contest, during the last week I could not participate fully because of the trip to Europe, and the last three days I didn’t trade due to the lack of internet. I plan to use the prize and participate in live trading with OctaFX. All the proposed conditions suit me”. Mrs. Ayomi Andina from Indonesia finally gets what every contestant deserves: “I am very happy that finally I can be in the second position after following contests held by OctaFX a few times. Patience and consistency helped me, although it is in the middle of the journey that I sometimes falter as well. Concerning my trading, I combine a variety of techniques but the key is to be sure when it’s the right time to open position. Of course, I am ready to trade on real account, especially with the experience that I have”. Mr. Rashid Abdullaev from Uzbekistan on thoughtful approach to trading: “I feel satisfaction and pride that being a middle-aged man, I could master new business and compete with young as equals. I was strongly involved in competition during all trading weeks from beginning up to the end. The professional, I think, should not be limited to one strategy. All depends on the current situation in the market. For example, I did not frequently enter into the market, for an entrance, I usually used the important market news, but before doing so, I carefully considered all factors to choose the exact direction of movement of a certain currency pair. For example, I tried not to watch the contenders. The overall objective was to increase deposit, as though it is simple trading on the real account, instead of a competition. The key is patience and skill to wait. The greatest increase of my profits was on EUR deviation from annual maxima. Though I have to admit, I underestimated the force of an impulse. If I held open positions longer, I could have applied for higher place. For a long time wanted to trade in the real account. Now my dream has come true. And the competition just confirmed that I'm going in the right direction”. Mr. Lisong Zhang from China compares profit to prey: “As I knew that I got the 4th place I was so excited. First of all, I would like to thank OctaFX providing a great platform for us to demonstrate our skills, implement our plan and strive for the goal - obtain the award. I was informed by the E-mail, and registered immediately. Afterwards, I constantly followed the contest and waited for the optimal chance to get started. A skilled trader is like a sniper, waiting for his prey. Once the target appeared – immediately pull the trigger. I’m working towards this goal. There are two indispensable factors contributing to my success, one is a good technique, second is luck. My last gain on the gold was the perfect illustration of the trading method I master. Thanks again to OctaFX. I hope such contest will be organized more often in the future. I’m looking forward to trade in the real account at OctaFX”. Mr. Wahyuno from Indonesia is ready to trade on real account after ups and downs in his trading: “Of course I am very happy to be a part of the Trading Sprint Demo Contest winners’ list. I often participated in demo contest but had never won. That’s my first victory! The key factor to my success is patience. Patiently waiting for the right time to carry out the deal. My strategy other than being patient is trying to always follow the trend of the market and also to use financial news and read candlestick patterns for both fundamental and technical analysis. Perhaps my spectacular advantage that led to victory is I got many losses in trading my real account. However, I am sure with serious learning, both on demo account and during contests; I will achieve success in forex trading. Now I am more prepared to trade in a real account”. Advice for OctaFX traders’ community from Trading Sprint winners: Mr. Gennadi Gavruchenkov: Depending on the intensity of participation or trading strategy, in my opinion, it takes 5 to 7 years to become great at trading. I advice beginners to be patient, as with patience successful forex trading becomes quite real. Mrs. Ayomi Andina: It’s not time but mental maturity what’s needed to be successful. Mr. Rashid Abdullaev: As in any business to achieve something, it is necessary be ready to put a lot of work into it. Further, it depends on abilities and faith in yourself. Mr. Lisong Zhang: Luck is something that can only be found accidently. But technique is something we can pursue. There are thousands of techniques, which are impossible for us to master. Find the most suitable technique for yourself, wait patiently, practice and stick to it. Mr. Wahyuno from Indonesia: Demo Contest can be trained to learn the seriousness of the trading because there are rewards to motivate. We thank all the winners for such elaborated interviews and hope you enjoyed them as much as OctaFX team did! Stand out for outstanding with OctaFX! Join OctaFXtoday and enter the world of requote-free trading and the fastest execution! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

OctaFX.com- Our Client's Funds Security is Our Top Priority! Our client's funds security is our top priority. With OctaFX you can be absolutely sure your deposits are secured in every possible way. Here are some of the measures we take to ensure funds protection: Segregated Accounts In accordance with the international regulation standards OctaFX uses segregated account to keep protected customers' funds segregated from the company's balance sheets. This makes your funds secure and untouched. SSL-protected Personal Area We use highly secured technology to protect your personal data and financial transactions. SSL-secured Personal Area is protected with 128-bit encryption, which makes your browsing safe and your data inaccessible to any third parties. Account verification OctaFX recommends you to verify your account by submitting your personal ID scan and an address proof. This simple measure will make sure your transactions are authorized and secured. Secure withdrawal rules Since a withdrawal from a real account requires an email confirmation, no one can ever access your account but yourself. It is also required that you use the same payment details for deposits and withdrawals. Thus, under no circumstances can OctaFX transfer your withdrawal to an unauthorized third party. 3D secure Visa/Mastercard authorization We apply 3D secure technology when processing credit and debit cards. This technology makes all the Visa/Mastercard transactions transparent and safe. Advanced protection OctaFX technical environment is monitored 24/7 by a dedicated team of highly professional security engineers and technical specialists. They have developed and maintain top level protection, so any data loss, damage or other technical issues are highly unlikely. Please stay tuned for the news and updates from OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

Poland Central Bank FX Reserves climbed from previous €74.2B to €75.4B in May Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 06, 2014 OctaFX.Com News Updates

Poland Central Bank FX Reserves climbed from previous €74.2B to €75.4B in May Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 06, 2014 OctaFX.Com News Updates

GBP/USD reverses and hits fresh weekly highs above 1.6800 FXStreet (Córdoba) - The GBP/USD printed a fresh high at 1.6810, reaching the strongest levels since May 28. The pair remained steady after the decision of the Bank of England to keep the monetary policy unchanged as expected but volatility increased after announcements made by the European Central Bank. Cable soared against the Euro and the Swiss Franc as the ECB cut rates but the GBP/USD fell to 1.6722, hitting a daily low. Afterwards the Euro surged in the market once Draghi’s press conference ended and the GBP/USD reversed sharply to the upside, climbing almost a hundred pips from the lows. The pair remains near the highs of the day, trading at 1.6794, headed toward the best day in two weeks. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 05, 2014 OctaFX.Com News Updates

USD/JPY declines to daily lows FXStreet (San Francisco) - The US Dollar is falling across the board and the USD/JPY is declining to session lows as risk appetite eased ahead of tomorrow's nonfarm payrolls. In addition, the "USD/JPY has stalled repeatedly ahead of 102.85, the 61.8% retracement of the 104.14/100.79 drop and prices have come back under pressure," comments Jamie Coleman from FXBeat. So now again. Currently, USD/JPY is trading at 102.45, down 0.27% on the day, having posted a daily high at 102.79 and low at 102.34. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish. USD/JPY sentiment Supports are at 102.25 and more stops just below. Above the 102.85 USD/JPY has resistances at 103.02 level. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 05, 2014 OctaFX.Com News Updates

Mexico Consumer Confidence rose from previous 90.3 to 90.7 in May Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 05, 2014 OctaFX.Com News Updates

Canada Ivey Purchasing Managers Index s.a registered at 48.2, below expectations (56) in May Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 05, 2014 OctaFX.Com News Updates

Welcome to ECB day, expect a rate cut - Societe Generale FXStreet (London) - Kit Juckes, Global Head of Currency Strategy at Societe Generale is expecting a rate cut at todays ECB meet. Key Quotes "Welcome to ECB day. We expect a rate cut (Refi to 0.1%, Deposit Facility to -0.1%) liquidity injection (end of SMP sterilisation and targeted LTRO) and a modest (Eur 300bn) private sector asset buying programme." "This is more aggressive than our understanding of the consensus view. Rate cuts are fully priced in, but there is no widespread agreement about liquidity measures." "Markets are however, pricing in the possibility that the ECB President delivers a risk-friendly message successfully. The reaction to failure to cut rates at all would be bigger than even the announcement a large-scale asset purchase programme (EUR 1trn plus)." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 05, 2014 OctaFX.Com News Updates

OctaFX.com-Swap free trading with OctaFx! OctaFX offers swap-free accounts to their clients. Whether or not your beliefs or trading strategy require swap-free trading, you can always open a swap-free account at OctaFX . You can always apply for a swap-free account at registration, no matter whether you choose a Micro or ECN account. No overnight charges will be applied to your account. OctaFX respects various trading strategies and does its best to meet every possible client's requirements and expectations. To apply for a swap-free account please check the box "Swap-Free" when opening your account. Your account will be automatically assigned swap-free status. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

NZD/USD holds near 0.8400 FXStreet (Córdoba) - The ">NZD/USD bottomed during the Asian session at 0.8400, reaching the lowest level in three months. Price rebounded afterwards and bounced to the upside, trimming losses. The recovery from 0.8400 found resistance around 0.8430. Currently the pair trades at 0.8416, down 0.16% for the day so far. NZD/USD continues to slide The Kiwi is falling for the third day in a row against the US dollar, retreating further. A month ago it was trading above 0.8750, at 33-month highs but after being unable to hold above 0.8700, started a correction. In the last three weeks the downside move has accelerated. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 04, 2014 OctaFX.Com News Updates

BoC keeps interest rate steady at 1% in May FXStreet (Łódź) - As widely expected, the Bank of Canada decided to maintain its target for the overnight rate unchanged at 1% at its May monetary policy meeting. The Bank Rate remained correspondingly at 1.25% and the deposit rate at 0.75%. In a statement released after the decision was made known, the BoC said that inflation rose towards the 2% target earlier than projected in the April Monetary Policy Report. The central bank noted the weakness of global growth in the first quarter of the year, adding that Canada grew “at a modest rate” due to “severe weather and supply constraints.” Finally the BoC commented that “weighing recent higher inflation readings against slightly increased risks to economic growth leaves the downside risks to the inflation outlook as important as before,” while “the risks associated with household imbalances remain elevated” and therefore the current stance of monetary policy is appropriate. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 04, 2014 OctaFX.Com News Updates

USD/CAD remains above 1.0900, BoC eyed FXStreet (Edinburgh) - The greenback is appreciating against the Canadian dollar on Wednesday, pushing the USD/CAD to the 1.0925/30 area ahead of the BoC statement. USD/CAD looks to the BoC The pair keeps alive the recent rally from the 1.0830 region backed by a better momentum of the US dollar, despite the decreasing yields in the US money markets. In the data front, Canadian trade balance showed a $0.64 billion deficit in April, missing expectations for a $0.20 billion surplus and down from March’s $0.77 billion surplus. Next of note in Canada, the BoC will hold its monetary policy meeting, although there will be no press conference by Governor Poloz. “The BoC is expected to leave its policy rate unchanged at 1.0%. Thus, the main focus will be on the characterization of the outlook portrayed in the statement, as it will have to balance the disappointing outturn for Q1 real GDP with inflation running ahead of what was forecast in the April MPR”, commented Shaun Osborne, Chief FX Strategist at TD Securities. USD/CAD levels to consider The pair is now up 0.14% at 1.0924 with the next resistance at 1.0962 (61.8% of 1.1053-1.0814) ahead of 1.1001 (21-w MA) and then 1.1014 (low Apr.25). On the flip side, a breakdown of 1.0814 (low May 8) would target 1.0762 (low Jan.8) en route to 1.0737 (high Dec.20). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 04, 2014 OctaFX.Com News Updates

European Monetary Union Producer Price Index (MoM) meets forecasts (-0.1%) in April Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 04, 2014 OctaFX.Com News Updates

OctaFX.com-Become Fan on our Official Face Book Community! Become our fan on Official Facebook community? Have you already declared yourself as our fan? We invite you to be part of OctaFx for your success future, OctaFx offering 50% each deposit bonus as well 8USD no deposit bonus, fast server no re-quoutes guaranty so, join right away to became successful trader. We are here to help 24/7 because its our pleasure to server you! Feel free to ask any question about OctaFX. we are glad to serve you the right way. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

OctaFX.com-Become Fan on our Official Face Book Community! Become our fan on Official Facebook community? Have you already declared yourself as our fan? We invite you to be part of OctaFx for your success future, OctaFx offering 50% each deposit bonus as well 8USD no deposit bonus, fast server no re-quoutes guaranty so, join right away to became successful trader. We are here to help 24/7 because its our pleasure to server you! Feel free to ask any question about OctaFX. we are glad to serve you the right way. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

OctaFX.com-Become Fan on our Official Face Book Community! Become our fan on Official Facebook community? Have you already declared yourself as our fan? We invite you to be part of OctaFx for your success future, OctaFx offering 50% each deposit bonus as well 8USD no deposit bonus, fast server no re-quoutes guaranty so, join right away to became successful trader. We are here to help 24/7 because its our pleasure to server you! Feel free to ask any question about OctaFX. we are glad to serve you the right way. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

OctaFX.com-Round 26 OctaFX Champions are here to tell you their stories!! [/url] All the winners of Round 26 OctaFX Champion Demo contest traditionally answer OctaFX's questions to express the joy of the victory and inspire you to participate in our trademark contest! 1st place – Mr. Rupinus Perangin Angin from Indonesia 2nd place – Mr. Alimuddin from Indonesia 3rd place – Mr. Stanislav Kurbanov from Uzbekistan The last runner – Mr. Vasiliy Popov from Russia How do you feel being an OctaFX Champion? 1st place – Mr. Rupinus Perangin Angin: I feel very happy and believe that everyone can be a winner. 2nd place – Mr. Alimuddin: It is an honor for me because I was able to outperform 1755 other participants. 3rd place – Mr. Stanislav Kurbanov: Certainly, I feel pleasure that I occupied a prize-winning place in competition with such a great amount of participants. What is the key factor to your success? Why are you better than everyone else? 1st place – Mr. Rupinus Perangin Angin: I'm still working on my main job during the day and I traded if there was time during the lunch break. I trade when I have time and see the right opportunity. I took a little pip and did not let the loss be too large with my trading positions. I do not have a special strategy but to follow the trend of the price in progress and continue to develop better strategies. 2nd place – Mr. Alimuddin: I think, the key to success in Forex trading is largely determined by the state of the trader's psychology. Even psychological factors in trading are more important than technical skills. Strategies that I use in trading is a good combination of different techniques that I get from various Forex literature as well as from the experience of successful traders. In OctaFX Champion contest, I just traded part time and it did not take up all my time. I can still do my work. 3rd place – Mr. Stanislav Kurbanov: Here there is also a factor of good luck and, naturally, continuous work. The strategy on this competition was mere expectation of a turn on eur/usd. The strategy varies each month, depending on economic and political factors. I also kept up with a course of competition all month, observed the contenders, estimating the chances to win. What was your most spectacular gain? Have you encountered considerable loss? 1st place – Mr. Rupinus Perangin Angin: The greatest profit occurs at the opening of London session and the biggest losses happen at the closing of London session 2nd place – Mr. Alimuddin: My spectacular profit is when I did BUY order with a large lot at the lowest price and Take Profit at the highest price and I did SELL order with a large lot at the highest price and Take Profit at the lowest price. 3rd place – Mr. Stanislav Kurbanov: The largest increase was just on turn trend on eur. The significant losses were not observed. How long does it take to become a good trader? 1st place – Mr. Rupinus Perangin Angin: Minimum one year. 2nd place – Mr. Alimuddin: The time it takes to become a good trader is very relative, depending on our diligence. 3rd place – Mr. Stanislav Kurbanov: difficult question. I think, that it is necessary to work hard, but some predisposition or talent is still necessary. As in chess, lots of people can play, but to become grossmeister and champions of the world the knack is not enough. In any case, it is necessary to be ready to spend some years, before the first success comes. The last runner – Mr. Vasiliy Popov comments his trading performance: "Yes, I want to increase the performance of the trading system, and I will participate in the following rounds of the competition, even if by the rules I will get 10% of the prize money. My strategy failed to be effective this time – it crashed quickly. I didn’t spend much time competing, either". OctaFX would like to thank all the participants and remind everyone else that next time you can be one of OctaFX Champion Demo Contest winners! Don't let anything stop you from getting into the next Round of OctaFX Champion Demo Contest – prove yourself to be a successful and thoughtful trader, reach new heights, and get a reward you deserve – register in Round 28 OctaFX Champion Demo Contest! Spend your luckiest days with OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

OctaFX.com-Round 26 OctaFX Champions are here to tell you their stories!! [/url] All the winners of Round 26 OctaFX Champion Demo contest traditionally answer OctaFX's questions to express the joy of the victory and inspire you to participate in our trademark contest! 1st place – Mr. Rupinus Perangin Angin from Indonesia 2nd place – Mr. Alimuddin from Indonesia 3rd place – Mr. Stanislav Kurbanov from Uzbekistan The last runner – Mr. Vasiliy Popov from Russia How do you feel being an OctaFX Champion? 1st place – Mr. Rupinus Perangin Angin: I feel very happy and believe that everyone can be a winner. 2nd place – Mr. Alimuddin: It is an honor for me because I was able to outperform 1755 other participants. 3rd place – Mr. Stanislav Kurbanov: Certainly, I feel pleasure that I occupied a prize-winning place in competition with such a great amount of participants. What is the key factor to your success? Why are you better than everyone else? 1st place – Mr. Rupinus Perangin Angin: I'm still working on my main job during the day and I traded if there was time during the lunch break. I trade when I have time and see the right opportunity. I took a little pip and did not let the loss be too large with my trading positions. I do not have a special strategy but to follow the trend of the price in progress and continue to develop better strategies. 2nd place – Mr. Alimuddin: I think, the key to success in Forex trading is largely determined by the state of the trader's psychology. Even psychological factors in trading are more important than technical skills. Strategies that I use in trading is a good combination of different techniques that I get from various Forex literature as well as from the experience of successful traders. In OctaFX Champion contest, I just traded part time and it did not take up all my time. I can still do my work. 3rd place – Mr. Stanislav Kurbanov: Here there is also a factor of good luck and, naturally, continuous work. The strategy on this competition was mere expectation of a turn on eur/usd. The strategy varies each month, depending on economic and political factors. I also kept up with a course of competition all month, observed the contenders, estimating the chances to win. What was your most spectacular gain? Have you encountered considerable loss? 1st place – Mr. Rupinus Perangin Angin: The greatest profit occurs at the opening of London session and the biggest losses happen at the closing of London session 2nd place – Mr. Alimuddin: My spectacular profit is when I did BUY order with a large lot at the lowest price and Take Profit at the highest price and I did SELL order with a large lot at the highest price and Take Profit at the lowest price. 3rd place – Mr. Stanislav Kurbanov: The largest increase was just on turn trend on eur. The significant losses were not observed. How long does it take to become a good trader? 1st place – Mr. Rupinus Perangin Angin: Minimum one year. 2nd place – Mr. Alimuddin: The time it takes to become a good trader is very relative, depending on our diligence. 3rd place – Mr. Stanislav Kurbanov: difficult question. I think, that it is necessary to work hard, but some predisposition or talent is still necessary. As in chess, lots of people can play, but to become grossmeister and champions of the world the knack is not enough. In any case, it is necessary to be ready to spend some years, before the first success comes. The last runner – Mr. Vasiliy Popov comments his trading performance: "Yes, I want to increase the performance of the trading system, and I will participate in the following rounds of the competition, even if by the rules I will get 10% of the prize money. My strategy failed to be effective this time – it crashed quickly. I didn’t spend much time competing, either". OctaFX would like to thank all the participants and remind everyone else that next time you can be one of OctaFX Champion Demo Contest winners! Don't let anything stop you from getting into the next Round of OctaFX Champion Demo Contest – prove yourself to be a successful and thoughtful trader, reach new heights, and get a reward you deserve – register in Round 28 OctaFX Champion Demo Contest! Spend your luckiest days with OctaFX! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today! Please stay tuned for the news and updates from OctaFX! Wishing you luck and profitable trading, yours truly, OctaFX!

EUR/USD rejects the 1.3645 area FXStreet (San Francisco) - The Euro's recovery from 1.3585 found resistance at 1.3650 where the EUR/USD got a rejection and now it is trading back at 1.3625. According to Jamie Coleman from FXBeat, the EUR/USD is backing away after 200-day average caps again: "EUR/USD remains in its very orderly downtrend but moving slowly enough to work off oversold conditions without rallying. A classic consolidation." Currently, EUR/USD is trading at 1.3628, up 0.23% on the day, having posted a daily high at 1.3648 and low at 1.3586. The hourly FXStreet OB/OS Index is showing neutral conditions, alongside the FXStreet Trend Index which is slightly bullish. EUR/USD sentiment If the pair consolidates gains above the 1.3645 (200-day SMA), it would open the way to 1.3670 (May 27 high) and 1.3690 (May 22 high) en route to 1.3700 (psychological level). On the downside, supports are seen at 1.3585 (May 29 low), 1.3561 (Feb 12 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page June 03, 2014 OctaFX.Com News Updates