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OctaFX_Farid

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  1. Schaeuble: Greek EU presidency is an opportunity for Greece and for Europe FXstreet.com (Łódź) - German Finance Minister Wolfgang Schaeuble said on Monday in an interview for the Bild newspaper that Greece would get all the support it needs from the European Union and that taking over the EU presidency will be a “huge opportunity for the country and for Europe." "The presidency will show the Greek people that Europe is its future," as it will spur “identity, self-confidence, pride” Schaeuble said. He discarded the possibility of Greece taking advantage of its EU presidency to ease the conditions of the intentional bailout. He also rejected further debt writedowns for the country, signaling however that Greece could get more aid. Moreover, the German Finance Minister commented on the easy monetary policy of central banks, which “can't last forever” and stated that first signs of the decline in the European money supply are apparent. The interview has been published following an attack by unidentified gunmen on the German ambassador’s residence in Athens on Monday morning. No one was hurt in the incident. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 30,2013 OctaFX.Com News Updates
  2. Schaeuble: Greek EU presidency is an opportunity for Greece and for Europe FXstreet.com (Łódź) - German Finance Minister Wolfgang Schaeuble said on Monday in an interview for the Bild newspaper that Greece would get all the support it needs from the European Union and that taking over the EU presidency will be a “huge opportunity for the country and for Europe." "The presidency will show the Greek people that Europe is its future," as it will spur “identity, self-confidence, pride” Schaeuble said. He discarded the possibility of Greece taking advantage of its EU presidency to ease the conditions of the intentional bailout. He also rejected further debt writedowns for the country, signaling however that Greece could get more aid. Moreover, the German Finance Minister commented on the easy monetary policy of central banks, which “can't last forever” and stated that first signs of the decline in the European money supply are apparent. The interview has been published following an attack by unidentified gunmen on the German ambassador’s residence in Athens on Monday morning. No one was hurt in the incident. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 30,2013 OctaFX.Com News Updates
  3. EUR/USD advances toward 1.3800 FXstreet.com (Córdoba) - The EUR/USD edged higher and printed fresh daily highs at the beginning of the New York session as the dollar weakens slightly along with US yields. The EUR/USD managed to overcome the 1.3770 zone and rose to a fresh daily high of 1.3788 in recent dealings. At time of writing, the EUR/USD is trading at the 1.3780 zone, recording a 0.2% gain on the day ahead of the next string of US data. EUR/USD technical outlook "The big ramp up in EUR/USD though seen Friday has been partially reversed at least today, leaving the 1.38 area as still looking like a zone of fairly strong resistance", says the TD Securities team. "The EUR spike higher came in thin liquidity conditions but the market is clearly reluctant to push the EUR significantly lower at the moment. ECB President Draghi’s remark that there was no urgent need to cut rates again provided some support for the EUR in overnight trading but we continue to view current levels as expensive from a fundamental and technical perspective and we expect the EUR to weaken gradually in the New Year". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 30,2013 OctaFX.Com News Updates
  4. Brazilian real shows little reaction after Rousseff's televised address FXstreet.com (London) - The Brazilian real has shown little reaction so far following Brazilian President Dilma Rousseff’s televised address yesterday evening which focussed on talking up the country’s economy. Rousseff’s end-of-year speech skirted around the public demonstrations that dogged the government in the summer, and instead took and extremely optimistic stance on the country’s economy. Rousseff claimed that her government had been strongly criticised over its handling of the economy because of her government is the victim of "psychological warfare" by the business community. Despite this, Rousseff conceded that she had been forced to "retouch" and "correct" the economy. Addressing her detractors, Rousseff said that: "If we dive into pessimism and stay trapped in petty disputes, we will have a smaller country." In reference to the county’s price rises, Rousseff stated that: “The government is alert and steadfast in its commitment to fight inflation and maintain the balance of public accounts.” Brazilian inflation once again ran above the Banco Central do Brasil’s 4.5 percent inflation target, with November CPI printing at 5.77 percent. BRL/USD is currently trading at USD0.4283, up 0.23 percent on the day on thin trading. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 30,2013 OctaFX.Com News Updates
  5. USD/CHF hovering above 0.8900 FXstreet.com (Córdoba) - The USD/CHF is taking a breather, consolidating in a narrow range around 0.8900 Monday, after slumping to a 2-year low of 0.8800 last Friday. The USD/CHF dropped more than 150 pips Friday and printed a low of 0.8800 but bounced strongly and trimmed losses as the dollar recovered ground across the board during the American afternoon. The USD/CHF finally settled above 0.8900 where it has spent most of the day. At time of writing, the USD/CHF is trading at 0.8905, little changed since opening. USD/CHF technical outlook "Although USD/CHF plunged more than 150 pips on Dec 27, it recovered most of the losses the same day and managed to settle above the monthly S2", says the Dukascopy Bank Team. "At the moment the pair is challenging 0.8930 and in case of success may set a new objective at 0.8991/75, where the six-month down-trend resistance merges with the monthly S1, a fact that makes a breach of this area a low-probability event". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 30,2013 OctaFX.Com News Updates
  6. Revolutionary IB program Supporting our status of cutting-edge member of the industry we would like to present you our new IB program aimed at the strengthening of the bond between OctaFX and our Introducing Brokers by considerably raising the IB commission. We love innovations that are designed for the win-win state of affairs between partners. Recently we've reviewed the IB model, previously based on spread. It turned out to be not as highly profitable as expected both for us and our IBs. Our highly valued low spread failed to amuse one important entity of users — the Introducing Brokers. Being supportive we set a goal to improve IB conditions. Looking for the new formula of successful cooperation we came up with a whole new system that will change your concept of IB partnership forever. It will allow IBs to raise the income and become unstoppable on their way to the unlimited fortune. “Only you and your ability to motivate your clients matter now. This new IB program places us in the same division of the most vanguard companies. Conscientious partners have never been so welcomed before. You can call it a pay rise” OctaFX CEO To cut a long story short we enumerate our advantages Elevated profit & Progressive scale The first thing that helps you earn more is our newly developed IB commission formula. It also gives you an eternal potential for your self-improvement as an IB. The scale is ultra-progressive and your profit depends on number of your active clients. The more clients you have the higher your IB rank is, the higher is your IB commission: As your client network grows you gain more profit. The aim to engage more clients in takes effort, but as you have reached highest rank you get an impressive amount of money. Spread independence IBs do not have to focus on our lowest spreads — IB commission is calculated in accordance with traded volume. Moreover, we consider the exact money rate per lot to be more motivating. Transparent calculation You don’t have to review excessive data in your IB commission reports no more. We pay you more and it’s all transparent. Here is the Formula for commission calculation: Client Orders volume * USD per lot rate (according to your IB rank) Daily report You will get your IB commission credited to your IB account once every 24 hours. Newly designed IB Personal Area IB Personal Area interface allows getting the gist of calculation process and becomes even more user-friendly. Review your raised commission in a brand new IB Personal Area. Having any questions? Don't hesitate to contact our brilliant customers support — we can always find a perfect answer to your every question. Reach prosperity being an OctaFX IB! Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!
  7. US December 20 EIA Natural Gas Storage change improves to -177B from -285B Read more in Forex News. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 27,2013 OctaFX.Com News Updates
  8. Wall Street closes higher ahead Santa's visit FXstreet.com (San Francisco) - The US stocks market closed positive ahead of Christmas's break following the better-than-expected data in the United States. Investors are confidence in the US economic recovery. The Dow and S&P closed at new record highs while the Nasdaq close at fresh 13-year highs. The Dow Jones advanced 62.94 points or 0.39% to close the day at 16,357.55; the S&P 500 added 5.33 pts or 0.29% to finish at 1,833.32; and the Nasdaq Composite won 6.51 pts or 0.16% to 4,155.42. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 24,2013 OctaFX.Com News Updates
  9. We wish you a Merry Profit and Happy New Trades! We would like to express our gratitude to every trader in our constantly growing OctaFX community – no matter when you joined us – we value our every customer and do our best to ensure your funds are safe and your spreads are low, which allows you to trade comfortably. We will accumulate all our efforts to progress in the New Year, but first, let us see what we have accomplished in 2013: We were awarded with three prestigious awards: Global Banking and Finance Review announced us “Best Customer Service Broker Asia” and World Finance magazine proclaimed us both “Best broker Central and Eastern Europe” and “Best Broker Central Asia” – we are immensely proud and hope our customers feel these awards are well-deserved. Our real account contest “King of the Road” has finished and we awarded 10 most successful traders with the prizes from OctaFX – Dedi Kurniawan from Indonesia among them, who will soon drive his brand new Porsche Panamera Turbo! Our winners of OctaFX Champion Demo contest received in total $12000 and gained an amazing experience while preparing themselves to trade on real accounts. The winner of the first round of "Word it Out" Review contest - Nofi Kurniawati received the first Clients Choice award and an iPhone form OctaFX. Saying more, we have also raised our Facebook community – OctaFX fan page gathered 26,165 likes this year and we consider it a tremendous achievement! OctaFX introduced New IB program that allows our partners to raise their commission promoting OctaFX services. In the coming year we will strengthen the bond between Introducing Brokers and OctaFX for our partnership to thrive! Our traders were presented with the free VPS solution from OctaFX to be more independent even from a PC or internet connection! Moreover, we have launched new language versions of our website – clients from Indonesia and China can manage their accounts in the Personal Area that speaks their native language, and our local Customers Support is always glad to answer your every question! In the beginning of 2014 we will present you with new local versions of our website – stay tuned! This New Year will bring you some exciting surprises from OctaFX, aimed at development and improvement of our services. You can check our Company News page in order to witness our innovative features – New depositing options, more language versions of the website and Personal Area, freshly created contests and news and interviews of OctaFX representatives! OctaFX wishes you Merry Christmas and stay with us in the New Year to become a successful trader. Let your trades be more profitable, your experience with us always positive, and your success inevitable! Thank you for the great year of 2013! Thank you for choosing OctaFX as your top-notch Forex Broker.
  10. Flash: USD/JPY: Onwards and Upwards - TD Securities FXstreet.com (Córdoba) - The BoJ is the only major monetary authority to outdo the Fed in terms of aggressive easing initiatives in 2013, and with the Fed set to trim stimulus through 2014, the divergence should become even more prominent, commented the TD Securities analyst team. Key Quotes "That should underpin even further highs in USD/JPY over the course of the next year". "Our target for a year from now is 110, though the risk to that forecast is for an overshoot". "At the start of 2014, 105.00/50 will be the first major hurdle". OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 24,2013 OctaFX.Com News Updates
  11. USD/CHF hits fresh highs but loses momentum FXstreet.com (Córdoba) - The USD/CHF pushed higher and printed fresh daily highs during the American session as the greenback gained momentum following strong US data. However, moves remain shy in holiday-thinned trade with USD/CHF slowing after hitting a 4-day high of 0.8971. At time of writing, the USD/CHF is trading at 0.8965, recording a 0.3% gain on Tuesday. USD/CHF technical levels In terms of technical levels, the USD/CHF might face resistances at 0.8971 (daily high), 0.9000 (psychological level) and 0.9048 (Dec 5 high). Meanwhile, supports are seen at 0.8915 (10-day SMA), 0.8900 (psychological level) and 0.8840 (Dec 18 low). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 24,2013 OctaFX.Com News Updates
  12. US Durable Goods Orders (November): 3.5% Read more in Forex News OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 24,2013 OctaFX.Com News Updates
  13. US: Mortgage applications extend decline FXstreet.com (Córdoba) - Applications for mortgages fell 6.6% in the week ending Dec 20, the Mortgage Bankers Association said Wednesday. This reading comes after a 5.5% drop the previous week. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 24,2013 OctaFX.Com News Updates
  14. EUR/USD eases some, still frozen FXstreet.com (Buenos Aires) - The EUR/USD eases some over the European morning, but for the most unchanged in ultra thin holiday’s markets. Trading within yesterday’s range, the pair is down on the day, having found some short term support around in 1.3671 daily low, but holding below the 1.3700 level. Anyway, current lack of action will probably extend for the rest of the week, leaving short term traders adrift. Bottom confirms a long The steady rise of the pair ever since testing 1.3290 following ECB rate cut past November 7th, seems to have now confirmed more longs ahead, according to Fan Yang, from FXTimes, as the pair reached a “bottom of its price channel and a previously established horizontal support level. This week starts off with the confirmation I was looking for to go long. So, I’ve got my order placed at 1.3650 to go long, with my stop 70 pips below at 1.3580, and a target of 1.4140. I’m seeking 490 pips and risking 70, thus offering a reward/risk of 7:1.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 24,2013 OctaFX.Com News Updates
  15. OctaFX Champion Round 21 winners are prepared to be great at trading on real accounts! This year last round of the OctaFX Champion Demo Contest is finished – it makes it 21st Round in the whole range! We awarded $12000 in 2013 and the next year will not be an exception! The next Round begins on the 6th of January – you have plenty of time to celebrate and then register to win a prize and a title of OctaFX Champion! We've gathered 2366 traders in the 21st round and they competed aimed to the victory performing 148 804 trades in total! One peculiar detail about this round – our 1st place winner - Mr. Kanchan Dey appeared to perform both most profitable and most losing trades - $33 960.00 and -$35 100.00 of profit respectively! Life sure has its ups and downs, but for our winners this Round turned out to be an advantage, definitely! 1-1st place with the award of 500 USD goes to Mr. Kanchan Dey from Bangladesh 2-2nd place with the award of 300 USD goes to Mr. Mohamed Hafez Amin Ahmed from Egypt 3-3rd place with the award of 100 USD goes to Mr. Mazlan Mude from Malaysia The last runner in the contest Mr. Chuan Dai from China is granted 100 USD. Soon you will be able to enjoy 21st Round Winners Interviews to see the inner side of our favorite competition – visit our Company News page to hear their stories of Success firsthand! OctaFX would like to thank every participant and remind everyone else that next time you can be one of OctaFX Champion Demo Contest winner! This Round of Contest brought some experience to 2366 traders – stand in line with them! 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 22 OctaFX Champion Demo Contest – be the first in 2014! Spend your luckiest days with OctaFX! Thank you for choosing OctaFX as your top-notch Forex Broker.
  16. OctaFX.com - OctaFX introduces Free VPS solution! Always giving our clients the support and attention they deserve we created a perfect way to increase your profit! The great news is that starting from today, we provide you with our free VPS hosting solution for your Metatrader Expert Advisors. Having a problem with running a PC all the time to perform EA trading? Then, our splendidly tailored VPS solution is developed and designed exactly for you. Step up to be more independent even from a PC or internet connection – have your EA trade safely! OctaFX offers our clients to request personal VPS and run a pre-installed Metatrader 4 software and any EAs they want on a remote server at any time and have it trade automatically 24 hours a day. Here’s some thoughts of our CEO concerning that matter: “Our new service is created by our effective team to make your trading last longer and give you the profit you deserve. It has always been our top priority to provide you with high quality services in accordance with international standards”. OctaFX CEO Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!
  17. USD/CAD hits 6-day low FXstreet.com (Córdoba) - The Canadian dollar strengthened Monday and dragged the USD/CAD to a 6-day low amid a softer greenback and helped by better-than-expected Canadian GDP. The USD/CAD broke below the 1.0600 mark and dropped to its lowest level in almost a week at 1.0589, although it found support a few pips above last week's low and settled in a range over the last hours. At time of writing, the USD/CAD is trading at 1.0600, recording a 0.4% loss on the day. USD/CAD technical levels In terms of technical levels, the USD/CAD could find immediate supports at 1.0589/85 (Dec 18 low/psychological level) and 1.0571 (Dec 16 low). On the flip side, resistances are seen at 1.0652 (daily high), 1.0670 (Dec 9 high) and 1.0700 (psychological level). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 23,2013 OctaFX.Com News Updates
  18. US: Chicago Fed National Activity Index rises 0.60 in November FXstreet.com (Córdoba) - The Federal Reserve Bank of Chicago informed that the National Activity Index rose to 0.60 during November, up from October's -0.07 (revised from -0.18). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 23,2013 OctaFX.Com News Updates
  19. US November Personal Income (MoM) up to 0.2% vs -0.1% (October) Read more in Forex News. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 23,2013 OctaFX.Com News Updates
  20. EUR/USD consolidates below 1.3700 FXstreet.com (Córdoba) - The EUR/USD extends its consolidative pattern Monday amid thin markets during the last full trading day before the Christmas Holiday. The EUR/USD edged higher and touched a high of 1.3694 during the Asian session but the pair failed to break above the 1.3700 mark as momentum was weak and it was confined to a slim range. The EUR/USD is currently trading at the 1.3675 zone, virtually unchanged on the day, having climbed off a 2-week low of 1.3624 on Friday. EUR/USD technical levels As for technical levels, the EUR/USD could find immediate supports at 1.3665 (daily low/21-day SMA), 1.3650 (Dec 19 low) and 1.3624 (Dec 20 low). On the upside, resistances could be faced at 1.3694 (daily high), 1.3708 (Dec 20 high) and 1.3725 (10-day SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 23,2013 OctaFX.Com News Updates
  21. Flash: COT EUR sentiment improved for second week - Scotiabank FXstreet.com (Barcelona) - Camilla Sutton, Chief Currency Strategist at Scotiabank notes that sentiment towards EUR has improved for the second consecutive week. Key Quotes “The net long position now stands at $2.7bln - modest relativ to its October high but still the largest among its peers.” “Details are suggestive of increasing risk appetite, as both gross long and gross short positions are rising.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 23,2013 OctaFX.Com News Updates
  22. OctaFx - Wish you happy weekend! Join OctaFx today! Free 8 USD (No deposit bonus) 50% Deposit Bonus Requote-free trading with the fastest execution! Lowest spread Excelent Customer Support Instant Deposit and withdrawals Champions Contest - Demo (Prize - 1,000 USD) King of the Road Contest - Real (Prizes- Porsche Panamera, Trip for two, Macbooks pro, Ipads, iphones)
  23. Thank you very much for your kind remarks about Octafx. We wish you happy trading with us. Thank you for choosing OctaFX as your top-notch Forex Broker.
  24. The most anticipated event of this year – King of the Road participants crossed the finish line! The King of the Road contest lasted for one year and a half and we were glad to be observing this outstanding race with you. Everyone who followed the contest closely witnessed both spectacular gains and crashing losses: for someone the track was more of a bumpy ride, for others even the steepest turn looked like a smooth curve. Enthusiastic traders struggled for one thing – the glory of the title of the King the Road accompanied by the startling prize – Porsche Panamera from OctaFX. This contest proved that success comes to those who trade confidently and persistently, overcoming every possible obstacle, being thoughtful and wise. During last month, we were watching the race holding our breaths – engines roared, positions were shifting with the speed of light, someone lost control taking a steep turn and crashed, but the most confident traders stayed and performed amazingly! We have tested traders’ persistence and confidence and we would like to thank every single participant – you have made it through! We have been waiting for this event for so long: now you can meet the finest traders at the finish line! 1st place – Trader Dedi Kurniawan from Indonesia with 139.5 points – See you soon! Get ready to become the glorious owner of Porsche Panamera Turbo from OctaFX! We award you the special title of the King of the Road and wish you to master your skills! 2nd place – Trader Royfaizal Bin Razali Chong from Malaysia with 129.1 points – Pack up your suitcases – trip for two to Nice lies ahead! Enjoy yourself in this beautiful place and come back all ready for further victories! 3rd place – Trader Krzysztof Goc from Poland with 116.8 points – Bravo! Soon you will be able to use your brand-new Mac Book Pro to continue your professional trading performance. 4th place – Trader Li Kartono from Indonesia with 100.1 points – an iPad we award you with will allow you to take your trading to the whole new level – everywhere, literary. The newest iPhone is an incredibly useful tool for trading – you can check the latest news, indicators, real-time quotes and use MT4 app – make it an ally on your path to the peak of success! The newest iPhones from OctaFX go to: 5th place – Trader Satria Agung Wibowo from Indonesia with 69.2 points 6th place – Trader Motie Hayajneh from Jordan with 63.1 points 7th place – Trader Erwin from Indonesia with 42.2 points 8th place – Trader Mahbubur Rahman from Bangladesh with 32.5 points 9th place – Trader Faruq Eko Saputro from Indonesia with 32.3 points 10th place – Trader Song Yuping from China with 30.0 points OctaFX team congratulates the winners and hopes you will stay with us for our next engaging contest! Stay tuned for further news and interviews from the winners – we bet they have many feelings to share and many useful recommendations for every trader in the growing OctaFX community. The secrets of success to be revealed soon! Thank you very much for your kind remarks. We wish you happy trading with OctaFX. Thank you for choosing OctaFX as your top-notch Forex Broker.
  25. Flash: Don't expect FOMC taper - Societe Generale FXstreet.com (Barcelona) - Kit Juckes, Global Head of Currency Strategy at Societe Generale doesn’t think the FOMC will ‘taper’ its bond purchases today (why risk volatility in illiquid year-end markets?) Key Quotes “We do expect a very strong hint that the move is coming in January and I also think tapering is now 90% priced in to asset markets.” “There is a press conference after the meeting (19:30 GMT) and that allows for hints on changes to the forward guidance framework, as well as a chance to reinforce the familiar ‘tapering is not tightening’ message.” Flash: Don't expect FOMC taper - Societe Generale OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Dec 18,2013 OctaFX.Com News Updates
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