OctaFX_Farid

OctaFX.Com - Brand new Personal Area in Bahasa Indonesia!! Dear Clients, Today we are very glad to announce one more essential step towards perfection – the news is that our Personal Area is now available in Bahasa Indonesia! Our customers from Indonesia are of great value for OctaFX; that is why we do everything in our power to meet your expectations by making your trading experience with OctaFX smooth and convenient. Now that Personal Area speaks your language, you can easily manage your OctaFX account by simply using it: Deposit and withdraw funds, make internal transfers Open new accounts View account stats Manage your personal profile Participate in our thrilling contests Receive bonuses “That was and still is of supreme importance for us to be closer to our clients from Indonesia, so we were relentlessly occupied with that addition of crucial importance” – our Head of the Business Development Department asserted. More languages are coming to be introduced in the nearest future, so keep in touch to know when it’s your lucky day. Thank you for trading with us! OctaFX Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

Gold prices approach 1400 on weak NFP, Russian bravado in Syria FXstreet.com (Lisbon) - Precious metals continued finally experienced a move higher Friday, after back-to-back days of weakness. Gold targets jump over 1400 Gold prices surged Friday, helping alleviate a multi-day easing that has since relinquished the recent rally in the yellow metal. With the sour results of NFP in the US, gold price look to target 1400.00, a break of which could lead to 1417.00 and 1433.00. At the time of writing, gold prices are trading at USD $1386.92 per oz. Friday. Silver eyes downside Silver remained under pressure Friday, helped only by the recent advent of weak US data, given the approach of the 23.05 support level earlier today. Despite the rise, this region remains in focus, a break below this support should clear the way for further downside. The bearish scenario remains favored, so long as below 23.60-23.65, a break back above 23.65 will reverse the bias to bullish. The price of silver has now moved to USD $23.81 per oz. during US trading. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Sep 06,2013 OctaFX.Com News Updates

USD/CHF briefly drops below 0.9400 after NFP FXstreet.com (Córdoba) - The USD plummeted across the board after data showed US economy added fewer jobs than expected in August, while previous month figures were downwardly revised, rising doubts whether the Fed is ready to begin tapering its bond purchases later this month. USD/CHF falls below 0.9400 USD/CHF came under strong pressure and retreated from 7-week highs as knee-jerk reaction to the data, although it managed to bounce and recover some ground afterward. At time of writing, USD/CHF is trading at the 0.9425 zone, having bottomed out at 0.9384. USD/CHF technical levels In terms of technical levels, on the downside supports for USD/CHF are seen at 0.9384 (daily low) and 0.9351 (Sep 5 low), while on the upside, resistances could be found at 0.9455 (daily high) and 0.9496 (Jul 16 high). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Sep 06,2013 OctaFX.Com News Updates

US: Nonfarm payrolls up 169K in August FXstreet.com (Barcelona) - US NFP grew by 169K in August, following the July increase revised down to 104K, according to data released today by the US Department of Labor. This result is below market consensus of 180K. The Unemployment Rate dropped to 7.3% from 7.4%, against forecasts of remaining unchanged. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Sep 06,2013 OctaFX.Com News Updates

OctaFX.com-OctaFX restores local deposits option in Malaysia! Dear clients! At OctaFX we care about you and we are always ready to provide you with the most comfortable service. We are glad to announce that Malaysian customers can perform local deposit again. For more details please follow this link: http://www.carigold.com/portal/forums/showthread.php?t=445676 You can also visit our website to choose the most convenient deposit method: http://www.octafx.com/deposit/ 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!

USD/JPY climbs back above 100.00 FXstreet.com (Córdoba) - The USD/JPY extended gains above the 100.00 hurdle Thursday and printed a fresh 6-week high in a day loaded of data. USD/JPY hits fresh 6-week high With US 10-year yields reaching the highest since July 2011, USD/JPY stretched to a peak of 100.17 after the ISM services PMI came in stronger than expected for August, which gave the greenback another boost across the board. At time of writing, USD/JPY is trading around 100.10, 0.4% above its opening price. USD/JPY maintains the positive tone From a technical perspective, the USD/JPY maintains the positive tone, says Valeria Bednarik, chief analyst at FXstreet.com. However, the analyst notes that range trading is likely to persist until next Friday’s US employment figures. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Sep 05,2013 OctaFX.Com News Updates

US: Factory Orders drop by 2.4% in July FXstreet.com (Barcelona) - US Factory Orders fell 2.4% in July, compared with the the 1.6% rise in June, the US Census Bureau reported today. Market consensus pointed to a steeper decline of 3.3%. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Sep 05,2013 OctaFX.Com News Updates

Flash: USD/JPY pointed higher – TD Securities FXstreet.com (Lisbon) - The USD/JPY has whipsawed overnight in the aftermath of the BoJ statement where they offered a modestly improved outlook on the Japanese economy, notes the TD Securities Team. Key quotes “The USD/JPY refused to stabilize even with the much talked about sales tax increase planned by the Abe government. There was nothing unexpected from the BoJ meeting which leaves USD/JPY and the other JPY crosses at the whim of other global events for now (ECB and US jobs numbers in particular).” “Overall, the balance of risks suggest the prevailing trend lower in the JPY should extend in the short-term.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Sep 05,2013 OctaFX.Com News Updates

OctaFX.com- OctaFX King of the Road Contest Current update of OctaFX Champion Demo Contest! Currently our top contestant mhayaj from Jordan has piled up with 141 Points. So, come and grab the opportunity and be the part of matchless traders. Deposit to your account today, register for the contest and let the most proficient trader win! How to take part in the contest Start Now! Thank you for trading 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/JPY on meteoric rise for 10-day highs at 131.84 FXstreet.com (Chicago) - EUR/JPY extends bullish momentum after the completion of an upward flag. The pair broke through 131.50 resistance zone to spike and target 132.00 zone in the afternoon of the American trading session. European data Earlier in Europe, the region’s GDP results matched 0.3% expectations (QoQ). Annual GDP was -0.5% vs. prior -1.1% and estimates at -0.7%. Retail sales failed to meet estimates with monthly results at 0.1% vs. 0.4% projections and prior -0.7% (MoM). Yearly results were -1.3% vs. estimates at -0.4%. Despite results, the euro maintained 0.52% gains to eventually be pushed up by bullish pressure. In Japan, the yen weakened after the cooling down of the Syrian conflict (less risk-averse behavior) along the announcement that the sales tax hike will be determined within one month and not until Spring 2014 as planned. Markets closed with gains in both regions with the FTSE 100 up 0.10%, the DAX up 0.19% and the CAC 40 up 0.16%. The Nikkei 225 registered 0.54% gains. EUR/JPY Technical Levels Technically speaking, the pair rose after the completion of a flag that originated last September 1st around 130.00 zone. After trading sideways for a few hours, the pair handled to break through strong resistance. At 131.77, the pair oscillates between supports at 131.52 (August 4th highs), 131.14 (August 20th highs) ahead of 130.73 (September 2nd lows) and resistances at 131.93 (August 24th highs), 132.33 (August 22nd highs) followed by 132.72 (July 23rd highs). According to the FXstreet.com trend index, the pair is slightly bullish on one-hour timeframe and is offered above the EMA20. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Sep 04,2013 OctaFX.Com News Updates

EUR/USD eyes 1.3220 as recovery intensifies FXstreet.com (Edinburgh) -The bid tone continues to prop up the upside of the shared currency on Wednesday, pushing the EUR/USD to challenge the region around 1.3220. EUR/USD rebounds sharply The pair bounced markedly from the area of 1.3170 to print fresh intraday highs in the boundaries of 1.3220 as the USD surrenders recent gains and the sentiment favouring riskier assets is quickly spreading across the markets. “The recent selloff in EUR/USD has stabilized overnight after reaching support provided by the 100-, and 200-day moving averages late yesterday (currently 1.3135/45). Upward EZ PMI revisions added to the recent positive data trend in the region, although all eyes are on the ECB tomorrow. Our bias is for higher yields in aftermath which could help lift EUR/USD, at least on a short term basis. More broadly we remain bearish on the pair however”, suggested S.Osborne and G.Moore, FX Strategists at TD Securities. EUR/USD support/resistance levels As of writing the pair is gaining 0.29% at 1.3209 and a surpass of 1.3219 (low Aug.29) would target 1.3237 (high Sep.2) en route to 1.3255 (high Aug.30). On the flip side, the initial support aligns at 1.3157 (low Sep.4) followed by 1.3145 (MA200d) and finally 1.3138 (low Sep.3). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Sep 04,2013 OctaFX.Com News Updates

Start your successful trading with OctaFX today! Trade Forex with OctaFx and get: upto 50% Bonus Free 8 USD No Deposit Bonus! Requote-free Trading 1000 USD Demo Champions Contest Road King contest chance to win "Porsche Panamera, Ipads, Mac, Iphones & more Daily reviews and trading ideas Deposit & Withdrawal Instant Convenient and easy deposit & withdrawal methods High Commission for IB's Partners Demo accounts Clients Funds Protection Lowest Spread Low as 0.2 Metatrader PC, IOS Mobile, Android, (News in your Metatrader 4 from OctaFX and FXstreet.com) 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!

USD/JPY loses momentum after hitting 1-month high FXstreet.com (Córdoba) - The USD/JPY advanced to a 1-month high on Monday as upbeat global PMIs and US delaying any decision on Syria until Congress returns next week boosted sentiment. USD/JPY climbed more than 100 pips throughout the day, breaking above the 99.00 mark, and hi its highest since Aug 2 at 99.42 during the European session. However, the pair lost momentum and entered in a consolidation phase afterward. At time of writing, USD/JPY is trading at the 99.25 zone, 0.9% above its opening price. With US markets closed due to the Labor Day Holiday, the pair might spend the rest of the day in a range in the absence of news and headlines. USD/JPY technical levels As for technical levels, USD/JPY could find immediate resistances at 99.42 (daily high) and 99.93 (Aug 2 high), while supports are seen at 99.00 (psychological level) and 98.70 (20-hour SMA). OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Sep 02,2013 OctaFX.Com News Updates

OctaFX.com- Deposit bonus increased to 50%! Dear traders! OctaFX is proud to announce that our famous deposit bonus is now increased to 50% due to high demand from our clients! We value our clients greatly, your opinion is truly important to us, and we perfectly understand how important it is to have some additional margin for your trading. The bonus is available for each your deposit in both Micro and ECN account types. Any client, whether new or existing, can enjoy the benefits of the offer. We have also upgraded the bonus system, so that you can setup your Personal Area to receive bonuses automatically every time you deposit your account. The new bonus amounts available for you are: 10%, 30% and 50%. You are absolutely free to choose the bonus amount you want. No other conditions have changed, you are still eligible for the bonus upon each your deposit and it is still withdrawable! Deposit bonus increased to 50% Getting your bonus is a piece of cake: Step 1: Open a new account at OctaFX and make a deposit Step 2: Login to your Personal Area and click “Bonuses” link in the header Step 3: Select your bonus amount and receive it Step 4: Enjoy your trading with even more funds in your account! Please visit the deposit bonus promotion page (http://www.octafx.com/promotions/deposit-bonus/) for the rules and details of the promotion. OctaFX is all about making your trading experience convenient and outstanding, driving forex trading to a whole new level. Deposit to your account and we will give you a bonus of 10% to 50% of your deposit for free! This is a perfect way to increase total amount of funds in your account! 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!

Canada: GDP contracted 0.5% MoM in June FXstreet.com (Edinburgh) -The Canadian economic activity contracted 0.5% on a monthly basis during June, matching expectations and down from May’s 0.2% advance. On an annualized basis, the GDP expanded 1.7% QoQ during the second quarter, surpassing estimates at 1.5%. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 30, 2013 OctaFX.Com News Updates

GBP/USD under pressure on weaker USD spending data FXstreet.com (Athens) - The GBP/USD is well capped by 1.5500 key area, on global turmoil and weaker than expected data from US. Weaker US Consumer data putting again riddles on ‘tapering’ to traders; GBP/USD below 1.5500 The weaker than expected US data did not assist investors to comprehend if the ‘tapering’ will be ‘sooner’ rather than ‘later’. The US data were mixed, but the most crucial ones, such consumer spending, personal income, as well as personal spending let down investors all over the globe. On the other hand, the sterling is underperforming today due to a general corrective pullback. What’s more, traders should bear in mind that the last week (global turmoil, rumors for US military forces invading Syria), was not generally a pretty go of things for risk-seeking investors. Last but not least, next week might probably be the crucial one for Fed’s tapering decision. Technical Outlook on GBP/USD At the time of writing, the cable is trading at 1.5488, down 0.11%. The FXstreet.com Trend Index shows the pair to be slightly bullish. Daily pivot point support and resistance can be found at S3: 1.5417 S2: 1.5420 S1: 1.5356 R1:1.5527 R2:1.5565 R3:1.5604 OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 30, 2013 OctaFX.Com News Updates

Flash: USD/JPY rebound expected to fail at downtrend - Commerzbank FXstreet.com (Barcelona) - Axel Rudolph, Senior Technical Analyst at Commerzbank notes that USD/JPY continues to see a rebound from the 96.64 2 month support line. Key Quotes “While it is possible that we will see the market rebound towards the 99.30 3 month downtrend, we look for this to contain the topside. We are negative short term below here.” “Below the 96.64 support line targets the five month support line at 95.02. Over the coming weeks we allow for losses back to the 94.45/93.75 support area. This is where the 200 day moving average, Fibonacci retracement and the June low are to be found.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 30, 2013 OctaFX.Com News Updates

OctaFX.Com - MASSIVE Spread Reduction at OctaFX! This is a revolution in lowering the spreads that happened in OctaFX! We have reduced major currency spreads! Now you can enjoy trading with as low as 0.2 pip spreads. They’ve never been that tight. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

OctaFX.com -Round 17 OctaFX Champion Demo Contest winners' tips for a triumph! Dear traders! Round 18 of our OctaFX Champion Demo Contest starts in a few days, but first, we are glad to present you our Round 17 winners’ interviews! Learn from their exciting stories of success and be inspired by their words to start a new Round 18 of OctaFX Champion Contest yourself! Let us remind you our champions: OctaFX Forex Championship 1st place – Mr. Koneti Kishore from India 2nd place – Mr. Sartana from Indonesia 3rd place – Mr. Grigory Danilov from Uzbekistan How do you feel being an OctaFX Champion? 1st place – Mr. Koneti Kishore: Awesome! This is my life time achievement! I’m proud to be an OctaFX Champion! I am in Cloud 9! It’s my pleasure and pride to have my name in your Winners list or Hall of Fame! 2nd place – Mr. Sartana: I feel happy to win and I didn’t expect to. 3rd place – Mr. Grigory Danilov: I’ve always loved to participate in competitions, aspiring to be the first. How involved in the contest you were – was it taking all of your time? 1st place – Mr. Koneti Kishore: Yes, of course, it did! Actually, it is a Demo Contest, so all participants should be active and track the position! 2nd place – Mr. Sartana: I trade in my spare time and did not spend a lot of my time. 3rd place – Mr. Grigory Danilov: The whole month I watched the competition closely and thought above my every trade. Don’t you think it’s time to participate in our real contest “King of the Road”? 1st place– Mr. Koneti Kishore: Yeah, it’s my pleasure to join the Real Contest “King of the Road”! Actually I’m very eager and counting on it! 2nd place – Mr. Sartana: I also participate in contest "King of the Road" in my real account and now as it is running, I’m trying my luck. 3rd place – Mr. Grigory Danilov: I do think of participation in this competition. What is the key factor to your success? Why are you better than everyone else? 1st place – Mr. Koneti Kishore: In my personal view there are three keys to success in Forex trading. 1. Proper Trading System – means Proper Plan with good Risk Reward Raito 2. Proper money management without greediness 3. Patience. If you want to make effective plan you should make it as simple as possible. 2nd place – Mr. Sartana: My success factors in this contest may be patience and luck. I do not feel better than others, perhaps in this contest luck was on my side, I was more in control in my trading and was not easily discouraged. 3rd place – Mr. Grigory Danilov: Close intermediate term analysis in view of duration of the competition. How long does it take to become a good trader? 1st place – Mr. Koneti Kishore: This is a field where the knowledge is limitless: every day you can learn lot of things from your mistakes. For me it took nearly one year and a half to get experience and knowledge. For other traders it depends on their patience and how well they correct their mistakes. 2nd place – Mr. Sartana: I also do not know how long it takes to become a good trader, because I am still learning. But I think we can become a good traders if we can control ourselves, be patient, not easily discouraged, if we can learn from experience, and continue to learn. 3rd place – Mr. Grigory Danilov: It seems, some years are necessary to achieve success. Rather fascinating, isn’t it? Come and join Round 18 of OctaFX Champion Contest that starts Monday, September 2. Open account today and enter the world of requote-free trading and the fastest execution! Join OctaFX today!

GBP/USD soars on Carney dovish comments FXstreet.com (Athens) - The GBP/USD gains more than 50 pips, while Carney comments ‘rates will be on hold until jobs rise in a sustainable fashion’. GBP/USD spikes above 1.5500 level on Carney mania across the board The cable jumped more than 50 pips, after the Canadian governor of BoE said that ‘guidance does not prevent the central bank from adding to stimulus and ‘rates will be on hold until jobs rise in a sustainable fashion’. While, just before Carney’s lunchtime talking, the cable being caught under severe pressure, Carney’s comments made cable to jump over 1.5500 area. The BoE governor also said that ‘7% unemployment rate is not a trigger, but a threshold’, boosting sharply the demand for the sterling. Technical outlook on GBP/USD At the time of writing, GBP/USD is trading at 1.5521, down 0.15%, after having reached a daily high of 1.5532 The FXstreet.com Trend Index shows the pair to be neutral. Daily pivot point support and resistance can be found at S3: 1.5480 S2: 1.5425 S1: 1.5400 R1:1.5614 R2:1.5643 R3:1.5682 OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 28, 2013 OctaFX.Com News Updates

USD/CHF above 0.9200, on USD strengthening across the board FXstreet.com (Athens): The USD/CHF has been trading upwards on European trading session all time long, but it took several hours to break above the 0.9200 area. USD/CHF breaks the barrier of 0.9200 on Syria conflict fears The USD/CHF fell apart on Tuesday, as it broke the crucial resistance of the 0.9200 area. While the pair had been trading on the upper level since the opening of the European trading session, it failed to break the resistance zone of 0.9200 area. Finally, due to the geopolitical tensions, the American dollar got a solid boost across the board, i.e. USD/CHF managed to spike on 0.9211 and still sitting well above 0.9200 level. Juckes from Societe Generale, says that ‘The blood-letting won't really end until the Fed finally moves from taper-talk to actually cutting back bond purchases though on a positive note, we may then see a decent bounce in EM in particular and in ‘risk' overall. But for now, the risk of US/European intervention in Syria is the focus’. Technical outlook on USD/CHF At the time of writing, the pair is trading at 0.9204, up 0.28 BBH Global Currency Strategy Team suggest that ‘USD/CHF is gradually moving towards the June low near 0.9100, not too far from the year’s low around 0.9020. Also, the geopolitical tensions have contributed to the partial reversal of the higher trend in US Treasury yields. For example, 10-year yields are back to 2.74%, off 16 basis points from their recent highs from the middle of last week. The trend higher in gold prices which started in early July has also seems to have been reinforced, rising 4.5% since the middle of last week’. The FXstreet.com Trend Index shows the pair to be slightly bullish. Daily pivot point support can be found at 0.9107, 0.9085, 0.9062 and resistance at 0.9260 0.9286 and 0.9308, respectively. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 28, 2013 OctaFX.Com News Updates

Flash: GBP/USD fails to break 200W MA ahead of Carney - BTMU FXstreet.com (Barcelona) - Lee Hardman, FX analyst at the Bank of Tokyo Mitsubishi UFJ notes that the pound continues to weaken modestly in the near-term after EUR/GBP failed to break below key support from its 200-week moving average which came in at just below the 0.8500-level, and GBP/USD failed to break above key resistance from its 200-week moving average which came in at around the 1.5750-level. Key Quotes “The pound is trading on weaker footing heading into today’s speech from BoE Governor Carney.” “It is his first significant speech since he took over as Governor, and will provide the first opportunity to comment on developments since the BoE introduced forward rate guidance on the 8th August.” “It is unlikely that Governor Carney will have been pleased that forward rate guidance, a form of easing, unintentionally prompted a tightening in overall monetary conditions in the UK with short rates rising and the pound strengthening, even accounting for the further pick up in cyclical economic momentum in the UK.” “As a result it would be surprising if Governor Carney did not attempt to push back against those market expectations for earlier BoE tightening, to reinforce the potential effectiveness of the guidance.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 28, 2013 OctaFX.Com News Updates

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Gold capped at 1420 resistance, break of which could target 1480 FXstreet.com (New York) - Precious metals surged again Tuesday, helped by mounting fears of US intervention in Syria. Gold eyes upside Gold extended the short-term bullish move, and approached the full upside target at 1420.00, and key resistance level, where we prefer to move to the sidelines and monitor how price reacts to this pivotal level, as a continuation of the move above 1420.00 may confirm a move towards 1480.00-1485.00. At the time of writing, gold prices are trading at USD $1419.49 per oz. Tuesday. Silver bullishness intact Silver maintained the bullish bias, trading in minor consolidation this morning, accordingly, our earlier scenario remains valid and favored. However, it is advices to execute cautiousness as price approaches the 24.80 resistance level. The price of silver has now moved to USD $24.49 per oz. during US trading. OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 27, 2013 OctaFX.Com News Updates

Flash: EUR/USD maintains bullishness despite earlier stumble – UBS FXstreet.com (New York) - UBS Strategists, Gareth Berry and Geoffrey Yu take a technical perspective at today's EUR crosses. Key quotes “Initial resistance for the EUR/USD is at 1.3452, a break above which would open 1.3520 ahead of 1.3711. Support is at 1.3298 ahead of 1.3206, suggesting a bullish outlook.” In terms of the EUR/CHF, “Support is at 1.2268, a break below which would expose 1.2219. Resistance is at 1.2378 ahead of 1.2434.” Moving to the EUR/GBP, “The cross has been consolidating over the past few sessions and any further recovery should find resistance at 0.8606. Support is at 0.8505 ahead of 0.8398, suggesting a bearish outlook.” OctaFX.Com - Please click here to see Financial News/Forex News on OctaFx official page Aug 27, 2013 OctaFX.Com News Updates