OctaFX_Farid

EUR/JPY regains 139.00 FXStreet (Edinburgh) - The weakness around the single currency is now taking a toll on the EUR/JPY, dragging it to weekly lows in sub-139.00 levels. EUR/JPY softer on B.Coeure’s comments The EUR is getting hammered following ECB’s B.Coeure’s comments regarding the European central bank would be considering negative deposit rates ‘very seriously’. The cross nose-dived 60+ pips soon after the news hit the wires, although the decline seems to have found support near 138.80. Earlier on, EMU’s Industrial Production figures came in short of estimates during December, albeit the EUR remained indifferent. EUR/JPY levels to watch At the moment the cross is losing 0.70% ay 139.01 with the next support at 138.45 (daily cloud base) followed by 138.17 (low Feb.7) and then 138.00 (psychological level). On the flip side, a break above 140.05 (21-d MA) would target 140.09 (high Feb.11) en route to 140.33 (low Jan.20). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 12, 2014 OctaFX.Com News Updates

OctaFX.com - OctaFX awarded Best ECN Broker Asia 2014 by Global Banking & Finance Review! There is nothing more valuable for OctaFX than making our traders happy by providing good news! Our first award this year is from Global Banking and Finance Review! OctaFX is proclaimed Best ECN Broker Asia! This award is the second from Global Banking and Finance Review and we are glad to raise our standards every year and find OctaFX among finest financial institutions. Global Banking & Finance Review is an online Portal, with independent and balanced view into the financial world that contains informative news within the financial community. GBAF experienced contributors provide qualified and in-depth insight in a clear and concise way, providing leading players and key figures with up to date information within the finance sector. We at OctaFX cannot be more proud for our veritable ECN services that were highly evaluated by this financial media giant read in over 200 different countries. Since the day of establishing OctaFX we make sure our services are flawless – spreads are lowest in the industry, our traders don’t experience any requotes, execution is instant and Customers Support Service is impeccable. We would like to express gratitude towards reviewers and the jury, who picked OctaFX among vast number of other nominees, and we are also limitlessly thankful to our clients who have chosen OctaFX services and support us with their valuable and positive feedback. The year has just begun and we are looking ahead with positive thoughts for making our services more and more exciting for traders to come and join the journey towards profitable trading! OctaFX – your multi-awarded world-recognized broker. Stay tuned! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

Flash: Has the AUD bottomed? - Rabobank FXStreet (Guatemala) - Jane Foley, Senior Currency Strategist at Rabobank looked into AUD/USD, concerned about the Australian economy being vulnerable to negative shocks from China. Key Quotes: “The expectation of steady policy should help lend some support to AUD/USD going forward. The recent change in language from the RBA on the outlook for the AUD should also add support”. “Although the softer prices of commodities has weakened the country’s terms of trades, volumes of exports has recently surprised on the upside with iron ore shipments to China continuing at a record pace in December and unexpectedly lifting the trade balance to a surplus”. “On the back of recent developments we have revised up our 1 to 3 mth AUD/USD modestly and now expect a 0.89 to 0.91 range to hold most activity in this period”. “That said, the Australia’s economy is still vulnerable to negative shocks from China and based on our concerns for Chinese growth we are maintaining are 12 mth AUD/USD forecast at 0.86”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 11, 2014 OctaFX.Com News Updates

USD/JPY back on the bid on Yellen FXStreet (Guatemala) - USD/JPY has seen a series of spikes of late only to be sent right back to where the pair came from in the same moments. In this event, the pair is volatile around Yellen. USD/JPY, on this occasion, flew from 102.28 to reach a high of 102.69 on the five minute chart but met fierce supply there which took the pair on course to the 102 handle within the following hour. Yellen released her Semiannual Monetary Policy Report to the Congress was published. The new Fed Chair Janet Yellen said in her first semi-annual testimony on monetary policy and the economic outlook to the US Congress that the situation on the labor market had improved but that the economic recovery still had a long way to go, sending the market mixed signals. She has been speaking and that has lifted the pair again. USD/JPY Levels The 20 DMA is 102.96, the 50 DMA is 103.47 and the 200 DMA is 100.13. RSI (14) reads 49.51. Supports are ascending from 101.35, 101.77, 101.89, 101.99. Spot is 102.25 while resistances are 102.46, 102.65, 102.77 and 102.94. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 11, 2014 OctaFX.Com News Updates

GBP/USD slightly bid; Yellen takes the seat FXStreet (Guatemala) - GBP/USD spiked up to 1.6473 the high before meeting conservative supply on the way back to the mid point of the handle. Yellen’s Semiannual Monetary Policy Report to the Congress was published and now she speaks. The new Fed Chair Janet Yellen said in her first semi-annual testimony on monetary policy and the economic outlook to the US Congress that the situation on the labor market had improved but that the economic recovery still had a long way to go, sending the market mixed signals. Yellen speech insight: Steve Ruffley, chief market strategist at InterTrader. Explained that “Yellen will not be able to make any real sweeping statements or flick a switch to fix the fragile state of the US economy. The US economy is like a huge container vessel travelling at speed, set on its course by Captain Bernanke. He has left in the only life raft available and is sipping cocktails in the Soggy Dollar bar with one eye on the horizon. Yellen however, being the new captain, has the unenviable task of deciding what comes next. You can’t just stop QE or ‘drop anchor’ completely at this speed, nor can you just set a totally new course. Yellen in real terms has very little room for manoeuvre metaphorically or economically. What the most concerning part of all is is that she knows it, I know it and so does everyone else in the market. This means that rife speculation and volatility has once again entered the markets. Although Bernake did the best he could under testing conditions, he was less than decisive with his message to the markets on forward guidance (likely under the knowledge that he was due to step down.) Yellen now has to be clear on forward guidance and let the market know in no uncertain terms when QE will end. Only after the FED move on rates will the bond and stock markets be able to efficiently able to price this in, and once again return to trading in ‘normal’ conditions.” GBP/USD Levels The 20 DMA is 1.6445, the 50 DMA is 1.6419 and the 200 DMA is 1.5844. RSI (14) reads 59.73. Supports are ascending from 1.6295, 1.6325, 1.6348, 1.6384, 1.6420. Spot is 1.6455 and resistances are 1.6460, 1.6471 and1.6500. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 11, 2014 OctaFX.Com News Updates

US NFIB Business Optimism Index increase to 94.1 in January from 93.9 (December) Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 11, 2014 OctaFX.Com News Updates

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USD/CAD hits fresh highs after Canadian housing data FXStreet (Córdoba) - The USD/CAD rose to marginal new highs during the American session after data showed Canadian housing starts fell in January. Canada's housing starts dropped 3.7% to 180,248 annual rate in January, missing expectations of 180,500. The USD/CAD climbed to a high of 1.1049 but lacked follow-through. At time of writing, the USD/CAD is trading at the 1.1045 zone, up 0.1% on the day. USD/CAD levels to watch In terms of technical levels, the USD/CAD could find immediate resistances at 1.1049/54 (Feb 10 high/20-day SMA), 1.1063 (100-hour SMA) and 1.1078 (Feb 7 high). On the other hand, supports are seen at 1.1018 (Feb 10 low), 1.1000 (psychological level) and 1.0967 (Feb 7 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 10, 2014 OctaFX.Com News Updates

Flash: The lack of faith in EUR/USD keeps fueling it - FXStreet FXStreet (Barcelona) - Goncalo Moreira CMT, FXStreet Technical Analyst notes that weak shorts were forced to cover with poor US employment figures coming out on Friday, thwarting any near-term attempt to get EUR/USD below 1.35 on a sustained basis. Key Quotes “As every week, we asked our dedicated contributors for their views on the FX market and the polled results reflect an increasing bullish mood in the short-term prognosis the highest number in eight weeks. Bears show the opposite behavior and reached the lower level in eight weeks as well. Both are coincident at 45% of the poll.” “As far as the one-month view concerns, it's the bearish mood which dominates 80% of the poll participants, and in the larger three-month horizon a less vibrant curve shows bearishness oscillating in the 60-70% range since November. In the most recent survey, only 20% of the participants has a positive euro outlook in this time horizon with all central tendency measures printing around 1.3300.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 10, 2014 OctaFX.Com News Updates

Canada Housing Starts s.a (YoY) down to 180.2K in January. Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 10, 2014 OctaFX.Com News Updates

Flash: GBP could suffer ahead of BoE's QIR - Investec FXStreet (Barcelona) - Jonathan Pryor, Corporate Treasury Analyst at Investec, observed that the BoE's Quarterly Inflation Report due on Wednesday will be crucial for the GBP. Key Quotes "In the aftermath of Friday's weaker US jobs data we saw US dollar selling across the board before some bounce back - notably in USDJPY, quickly reclaiming a 102 handle after trying twice below 101.50. EURUSD steadied in the low 1.36s and GBPUSD has well and truly bounced from the 1.6260 support to reclaim a birth at 1.64 and open up for a retest higher - that support level is now even more important for the pair and when we break below it will likely see considerable momentum, which could drag GBPUSD close to 1.6000." "A potential catalyst for a GBPUSD move lower this week is the Bank of England Quarterly Inflation Report on Wednesday. Many economists expect Governor Mark Carney to change the current forward guidance rhetoric and potentially lower the knockout criteria for a review on policy, since the UK unemployment rate has fallen more sharply than expected." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 10, 2014 OctaFX.Com News Updates

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GBP/USD reaches 1.6400 after UK GDP estimate FXStreet (Córdoba) - Even though USD weakness after nonfarm payrolls was short lived, the GBP/USD received a fresh boost from UK GDP estimate and reached fresh daily highs. The UK economy grew 0.8% in quarter ended in January, according to data provided by NIESR following 0.7% growth in the quarters ended in December, November and October. The GBP/USD rose to marginal new high of 1.6399 but lacked momentum to break decisively above the 1.6400 mark. GBP/USD levels to watch At time of writing, the GBP/USD is trading at the 1.6385 zone, recording a 0.4% gain on the day. In terms of technical levels, immediate resistances line up at 1.6400 (psychological level) and 1.6440 (20-day SMA). On the other hand, supports are seen at 1.6300 (psychological level), 1.6272 (Feb 6 low) and 1.6248 (100-day SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 07, 2014 OctaFX.Com News Updates

UK: NIESR GDP Estimate up 0.8% in January FXStreet (Barcelona) - The UK NIESR GDP Estimate was at +0.8% in January, following a 0.7% rise in December, according to data released today by the National Institute of Economic and Social Research. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 07, 2014 OctaFX.Com News Updates

EUR/USD retraces nonfarm payrolls gains FXStreet (Córdoba) - The rally of the EUR/USD ignited by disappointing US nonfarm payrolls figures faded at the 1.3640 area as Fed has said it will look past this data since they feel it is heavily impacted by weather. With weak employment data not translating into Fed policy action, the USD weakness was short-lived and the EUR/USD returned to the 1.3590 area, just where it was minutes before the release, nearly flat on the day. however, the EUR/USD remains on track to close the week into the green after the ECB refrained from taking policy actions yesterday. EUR/USD technical levels As for technical levels, immediate resistances line up at 1.3642 (Feb 7 high/50-day SMA), 1.3664 (Jan 30 high) and 1.3700 (psychological level). On the other hand, supports are seen at 1.3551 (Feb 7 low), 1.3500 (psychological level) and 1.3476 (Feb 3 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 07, 2014 OctaFX.Com News Updates

US: Average Hourly Earnings up 0.2% in January FXStreet (Barcelona) - The US Average Hourly Earnings increased by 0.2% in January, after remaining unchanged in December, the US Department of Labor reported today. This result is in line with forecasts. On an annual basis Average Hourly Earnings rose by 1.9%, after growing 1.8%. Average Weekly Hours climbed to 34.5 from 34.4, against expectations of remaining at 34.5. US NFP grew by 169K in August. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 07, 2014 OctaFX.Com News Updates

OctaFX.com - Welcome Round 22 OctaFX Champions! Meanwhile, our OctaFX Champion Demo contest Round 22 is over, and Round 23 is already on! While newbies practice to get our prize pool of 1000$, let’s see the details of Round 22! This time, 2067 traders took part in our international race, and sped up to the finish line, gaining experience and living every minute of it! Following the tradition, we award 3 winners and 1 last runner and present you their stories of success! New faces in OctaFX Hall of Fame – Round 22 OctaFX Champion Demo contest winners: 1st place with the award of 500 USD goes to Mr. Effendi Setiawan from Indonesia 2nd place with the award of 300 USD goes to Mr. Siegfrid Tampubolonfrom Indonesia 3rd place with the award of 100 USD goes to Mr. Vasiliy Baltyanskiy from Ukraine The last runner in the contest Mr. Kurdi SE from Indonesia is granted 100 USD. The interview of our winners will convince even the most insecure traders to participate and become an OctaFX Champion! How do you feel being an OctaFX Champion? 1st place – Mr. Effendi Setiawan: Alhamdulillah, I am very happy to be a champion. 2nd place – Mr. Siegfrid Tampubolon: I'm thrilled, very happy being one of the champion list. I'm off trading almost 2 years now but now starting again with contest and small amount real account. So yes, I'm very pleased to be one of the winners. 3rd place – Mr. Vasiliy Baltyanskiy: Nice to be a big winner of the contest that involves so many people from different countries. How involved in the contest you were – was it taking all of your time? 1st place – Mr. Effendi Setiawan: I'm trading after coming home from work, about 5 hours of my trading in a single day. 2nd place – Mr. Siegfrid Tampubolon: Actually, it is. Almost of my time, just to get my "trading feeling" back 3rd place – Mr. Vasiliy Baltyanskiy: Much time was spent on this contest. What is the key factor to your success? Why are you better than everyone else? 1st place – Mr. Effendi Setiawan: patience, and money management 2nd place – Mr. Siegfrid Tampubolon: I'm building my technique, focus on one-two pairs only, consistent timeframe and most important to me, discipline. 3rd place – Mr. Vasiliy Baltyanskiy: Success comes to those who put a lot of time and attention to what they are doing. What was your strategy? Have you developed a perfect plan or tried various techniques? 1st place – Mr. Effendi Setiawan: price action,candlestick pattern.averaging. 2nd place – Mr. Siegfrid Tampubolon: I was trying some techniques, with more aggresive action due to the contest. I have one for intraday trading, and another one for long term which is not suitable for the contest. Fortunately this techniques still apply and even better when the contest run. 3rd place – Mr. Vasiliy Baltyanskiy: No particular strategy. I use divergence on the RSI indicator and even luck. What was your most spectacular gain? Have you encountered considerable loss? 1st place – Mr. Effendi Setiawan: most spectacular gain $164 532.31, and encountered considerable loss -$1 838.43 2nd place – Mr. Siegfrid Tampubolon: If we talk about pips, it is +73.9 pips, and for profit it is +$8,459 3rd place – Mr. Vasiliy Baltyanskiy: Sure I have encountered considerable loss. But it is actually doesn't matter if you still gain more profit than loss. OctaFX would like to thank all the participant 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 24 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!

USD/CAD surges on Canadian trade balance numbers FXStreet (London) - USD/CAD jumped today on a wider-than-expected Canadian trade deficit numbers for December. Data released by Statistics Canada showed that the deficit had widened to CAD1.66bn. The Figure represents the biggest deficit since November 2012. Statistics Canada also revised November’s trade deficit upwards to CAD1.53bn. Consensus expectations were for a decline to CAD650bn for the month. Import prices rose 1.6 percent, aided by CAD weakness, while volumes fell 0.4 percent. Export volumes rose by 0.8 percent with prices rising 0.1 percent. USD/CAD traded sideways leading up to the announcement, with a session low of CAD1.1052 before surging to CAD1.1115 on the announcement up 0.3 percent on the session. The pair remains in bullish territory. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 06, 2014 OctaFX.Com News Updates

Flash: USD/CAD is holding in a range – TD Securities FXStreet (Guatemala) - Strategists at TD Securities noted the price action around the USD/CAD. Key Quotes: “On the one hand, USD dips to noted technical support just below 1.1050 continues to draw out bargain hunters. On the other, the USD really can’t hold a bid above 1.11 for the moment”. “The overall undertone here remains consolidative but we are not—yet—convinced that USD/CAD has established a firm base from which the broader uptrend can start to advance again. On the data front today, we are looking for mixed data for the CAD—weaker trade which would be a negative, considering the BoC’s focus on Canada’s lost competitiveness, but better Ivey PMI data (a volatile series but the market may pay attention to a strong rebound from the prior month’s drop back under 50”). “Technically, we still think the short-term bias is lower—a break under 1.1042 should confirm—for a drop back to the high 1.09s. Resistance is 1.1125 (above here targets 1.12 again)”. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 06, 2014 OctaFX.Com News Updates

EUR/USD soars to 1.3600 on Draghi FXStreet (Córdoba) - The EUR/USD reversed intraday losses and soared to fresh weekly highs as Draghi announces no new action. ECB President said at a press conference that the bank continues to monitor money markets closely and it is determined to take decisive action if required, but didn't announce any new policy at the moment. Draghi downplayed suspension of SMP sterilization and said inflation expectation remain firmly anchored. The EUR/USD rallied to a high of 1.3600 although it found resistance at the psychological level and pulled back to 1.3585, where it is recording a 0.4% gain on the day. EUR/USD levels to watch In terms of technical levels, next resistances could be found at 1.3600 (psychological level), 1.3630 (55-day SMA) and 1.3665 (Jan 30 high). On the flip side, supports are now seen at 1.3540 (former resistance), 1.3476 (Feb 3 low) and 1.3460 (Nov 22 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 06, 2014 OctaFX.Com News Updates

Canada Exports increase to $39.72B in December; Imports: $41.38B Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 06, 2014 OctaFX.Com News Updates

OctaFX.com - King of the Road Top Ten Success Stories! As every award has reached its winner, we would like you to hear direct voices of every TopTenner, talking about the experience of OctaFX King of the Road real account contest. With no delay, let the winners speak for themselves: 1st place: pedagangteguh Indonesia "I wouldn’t dare to claim a victory first, being among 6500 contestants. Still with Allah help I succeeded and I can say that time I’ve spent competing was fascinating. I dedicated my trading to EUR/USD mostly, giving my full attention to real time charts and indicators, also reading some related news - NonFarm payrolls, CPIs. I traded following the trend: using this strategy, it’s crucial not to panic and remain confident. By the end of the contest my progress was so impressive I couldn’t believe my own eyes - I was not a relaxed trader though - I kept trading my own way till the end, not giving emotions a way to reign over me. I can say that I consider this victory one of my lifetime achievements. I learned to stick to my plan and be determined and I can advise you not to be discouraged by mistakes but to apply all your knowledge and talent to make your trading profitable." Royfaizal Bin Razali Chong, 2nd runner, from Malaysia: "It’s unbelievable. I feel so excited and it’s like a dream to be the 2nd in the competition! When I joined the contest, I only took it as fun. Because I'm still a newbie in this forex industry. In terms of experiences, I perceived most of the contestants to be better than me. That’s why, I didn't expect any excellent results from the contest. I like to compete with myself. A desire to be a no.1 really kept me motivated to carry on. At the beginning, I only spent a bit of time in my account. However, after my account made it to the top 10, I have put all my time in it, especially few days before the contest's end. I was using a strategy which known as BBMA. Two indicators of Bollinger Band and Moving Average, respectively. My daily life is helping me to become more disciplined in my trading. Now, trading is like a job for me instead of a hobby. I have been almost 2 years in the forex trading. I have learned my basic forex trading from babypips. The key factor to success is the forex strategy itself. Most of the traders keep looking for the profitable strategy. But do they really believe the strategy can generate profitable income for them? My advice for them is to come up with own forex strategy and follow it thoroughly before asking any profits from the forex strategy itself. Your contest was a good platform for the traders to compete with each other, so I’ll recommend traders to participate in the next one 100% absolutely." Trader from Poland, Krzysztof Goc occupies 3rd place: "That’s a great feeling to be so highly ranked, the prospect of winning a prize was for me the best motivation. Though trading is both work and hobby for me. I love doing it. I am in the market for four years. During this time I learned different things. Above all, respect for the earned money because sometimes it is easy to earn but even easier to lose. But that's not all, I'm still learning and I'm trying to grow as a trader. Contest consumed a lot of my time: I had a lot of trial and did not worry about failure. The victory was the only important thing. Competitions Strategy I used can be described as: catch the hole/peak and use aggressive pyramidal positions. Competition is a different world. The competition is traded otherwise than on a daily basis. I have a policy in daily trade - to reduce the risk of losses. In the competition you don’t care about insignificant loses compared to what is at stake. The key to success is consistency and clearly outlined target. I took part in different competitions but this one was special to me. I changed my approach to forex, discovered new trading opportunities. I am very happy that I could take part in this competition." 4th place – Indonesian Trader Likartono: "I was surprised and am very happy to be a Top 10 King of The Road Real account contest from OctaFX. Currently, trading is my additional job. However, when possible, trading will be my main job. Though, until now, I still do not have good technique. I have not encountered any spectacular trades. It can be seen from my accounts affected by Margin Call. When I started my trading, I never imagined I would gain extraordinary results. During this contest," 5th place on the list: Satria Agung Wibowo from Indonesia "It’s unbelievable. I’m so happy. I can survive on big 10 with some good traders that joined & participated in this event. Trading is like hobby for me. I can get more money beside my primary job as a constructor. The contest trades took around 2-4 hour a day. I try to focus on my trading technique. I trust this technique. Even though I didn’t get the best place. I’am using breakout candle technique on London Open market. Most losses I got were on Sept 2013. I would advise traders to focus & discipline on trading technique you have." 6th: Jordan’s trader Motie Hayajneh "I feel very happy to be in the top 10 list. Forex trading for me is an extra-income source. I started trading forex 6 years ago. I learned to be disciplined. And when I saw the contest, I decided to be in the top10 list. Contest took few of my time, but I was always monitoring the rankings page. My most spectacular trade was on gold with a strategy based on technical analysis. A profitable advice to OctaFX traders is to let the profits run and to stop the losses as soon as possible." 7th place: winbasa Indonesia 8th position – Mahbubur Rahman Bangladesh: "I am Mahbubur Rahman and I feel so lucky to win a prize in a live contest. Forex trading is my life: I trade every day, I can say I am like a professional trader. I’ve been involved in Forex for about only a year. I have learned many things from various points in the live contest, for example how to handle a good financial management. Overall, Forex trading system is a source of learning for all kind people. I think if someone wants to do something in present and future, they should engage with Forex business. I perceive forex as a kind of business and business means profit and loss both. I faced both." 9th runner – Indonesian trader Faruq Eko Saputro: "I was very surprised, because, I didn’t expect to get a winner’s position, until one day, I searched my name at Google, and then, I saw the link with my name as 9th winner at the King of the Road contest, and as I opened my cabinet, that was true, I was a winner. Forex is my night job – I use the RSI and news at forex factory to trade. It took me 2 years to get a system with many losses, and now I get more profit, I have learnt that if I’m not patient, I get loss and loss. Sometimes, I get more money, if I open a good position and my technique works good, and then if a news are not accurate, I get loss. I participated just to see my technique for trade, my friend also kept me focused, and made me careful. Be patient and be patient every time, don’t think about profit, but think about no losses!" 10th trader – Yu Ping Song from China: "First, I’m very thankful for OctaFX to organize the contest, besides, i was very lucky to win the 10th place. Next morning after the end of the contest I turned on the computer and saw the result of the contest, I clapped my hands with excitement, repeating “so good , so lucky” time and again. I’ve been learning trading forex for 5 years , I worked hard and adhered to it. My trading strategy is to follow the trend, and then wait for a recall to the support position then enter the market, control the profit and loss ratio in 3:1, although I haven’t encountered any great setbacks, I experienced lots of difficulty. I will keep participating in the follow-up Contest hold by OctaFX and share my happiness to my friends. I’ve recommended OctaFX at various Forex forums." You see, it’s not necessary to be 100% experienced and profitable for the victory to pick you! Now as you know all the motivation and secrets of success – stay tuned to know about the launch of a new Real Contest from OctaFX. See the of Dedi Kurniawan and follow OctaFX Company News! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

GBP/USD agitado por los números de empleo FXStreet (San Francisco) - La libra esterlina alcanzó un nuevo mínimo desde diciembre contra el dólar de EE.UU. en 1.6250 siguiendo el número de ADP más débil de lo esperado. Después de la publicación de datos, el GBP/USD rompió la zona 1.6260 para llegar a nuevo mínimo desde el 17 de diciembre en 1.6350; sin embargo, el par rebotó hasta el precio de 1.6285. Ahora se cotiza a 1.6270. 0.35% negativo en el día. Sentimiento GBP/USD La perspectiva a corto plazo es, sin embargo, ligeramente alcista ahora de acuerdo con el índice de tendencia de FXStreet en el gráfico de 15 minutos. Momentum está apuntando hacia el norte, mientras que el CCI es bajista y el estocástico y el MACD son neutrales. Valeria Bednarik, analista jefe FXStreet señala que la recuperación del GBP/USD "por encima de 1.6300 puede animar el intento para volver a probar la resistencia de 1.6340, aunque sólo ganancias constantes por encima de 1.6360 señalaría una continuación alcista mirando luego 1.6410." OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 05, 2014 OctaFX.Com News Updates

GBP/USD shaken on employment numbers The Sterling reached a fresh low since December against the US Dollar at 1.6250 following the weaker than expected ADP numbers. After data release, the GBP/USD broke 1.6260 area to reach fresh low since December 17 at 1.6350; however the pair bounced to price at 1.6285. Now it is trading at 1.6270. 0.35% negative on the day. GBP/USD sentiment The short term perspective is, however, slightly bullish now according to the FXStreet trend index in the 15-minute chart. Momentum is pointing to the north while the CCI is bearish and Stochastic and MACD are neutral. Valeria Bednarik, FXStreet Chief Analyst notes that GBP/USD “recovery above 1.6300 may see the pair attempt to retest the 1.6340 resistance, albeit only steady gains above 1.6360 should signal a bullish continuation eyeing then 1.6410 price zone.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 05, 2014 OctaFX.Com News Updates

US Markit Services PMI improves to 56.7 in January from 55.7 in December Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Feb 05, 2014 OctaFX.Com News Updates