Market analysis and trade recommendations by FBS

[SebsCubs]

VIDEO LESSONS. MT4 TUTORIALS.

How to download, install & login to MT4

http://bit.ly/2zSFdHL

You can download a trading platform using 2 ways: from the website fbs.com and the second way is to download the software from your personal area. Learn the details with this useful tutorial.
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[SebsCubs]

On October, 13th - visit a free FBS seminar in Hilton Sandton and find out all the secrets of Forex profit with the Guru of passive income Alan Solarsh! At this seminar you will learn:
• How to read a Forex chart using the Moving Average & Stochastic Analysis.
• How to make passive income using Forex & “The Forex Ninja Bot”.
• How to get your emotions under control & make profit like the professionals & banks
Meet our speaker for Johannesburg seminar -- Alan Solarsh! Master trader with 5 years of experience, MLM recruiting master, expert in Online marketing, trainer for Forex and MLM teambuilding and author of the book “The Boiling Cold Market”.
Join the free FBS seminar now and bring friends! Seats are limited to 80, hurry up to learn all the essential secrets of professional! See you on October, 13 in Hilton Sandton.⬇
http://bit.ly/2QzkkHe
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[SebsCubs]

Economic calendar and its currency impact

http://bit.ly/2QBwDTy

The dynamics of a currency pair depends on the economic news published daily, that is why the Economic calendar is one of the basics for fundamental Forex analysis.
Each currency is affected by different events. You should know the most important ones to be ready for any changes in the market. Learn in this article how to trade with it.
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[SebsCubs]

US CPI will drive the USD

more at: http://bit.ly/2C72444

10.10.2018

The US will release headline and core CPI at 15:30 MT time on October 11. CPI stands for Consumer Price Index. It’s one of the main measures of the US inflation. There’s a direct link between the US inflation and the price of the USD. The higher the inflation, the higher the USD in the short-term.The last time, American CPI rose less than expected (0.2% versus the forecast of 0.3%). The data release was on September 13. The USD declined versus many major currencies after the release.

• If the data is greater than the forecast, the USD will rise.

• If the data is weaker than the forecast, the USD will go down.

 

[SebsCubs]

Trading Styles. Scalping

It is one of the most popular forms of trading, especially among newcomers.
The main objective of scalping is to rush into the trade at the busiest hours of the day, grab a very small amount of pips and exit the market immediately. But the scalper must always know where to stop as overtrading may quickly erode the account balance once he/she steps into a bad streak.

The key advantage of this trading style is high potential returns (well, if you’re quick and dexterous enough to execute your trades in a very short period of time).

Scalping doesn’t suit those who are not used to trade in a high-risk environment.

Learn More about this type of Trading here ⤵
http://bit.ly/2INE335


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[SebsCubs]

#WeeklyCryptoNews

Check the graphs: http://bit.ly/2RLtEch

12.10.2018

Jeffrey Wernik, entrepreneur, crypto investor: “The question is, what for a typical middle-class person-how do they accumulate wealth? And I think their only answer is to put a certain percentage in crypto”

Bitcoin started bullish on Monday breaking the two-week resistance at $6610 and testing the pivot resistance at $6683. The crisis on the stock market when Nasdaq fell by more than 4%, S&P 500 and Dow Jones by more than 3% affected the price of the digital currency heavily. As cryptocurrencies are considered as high-risk commodities, they did not attract the investors due to the unstable market situation. On Thursday it tested its September lows at the support at $6190. For now, the digital currency is trying to recover testing the resistance at $6304. If it manages to close above this level, the next resistance is at $6437. Any negative activity on the digital currency market, as well as manipulations by Bitcoin whales, can make the currency weaker. In that case, the support is at $6190.

Regulations:

World trade organization sees global advantages in applying blockchain-technologies to financial and trade fields.
United Arab Emirates’ authorities compared ICO to the public offering of the common stock. They are also developing a new government cryptocurrency emCash in Dubai.
Financial regulator of Switzerland FINMA gave its first license for the regulation of crypto assets. Its owner is investment fund Crypto Fund.
Regulator of telecommunication industry of Great Britain Ofcom announced the start of the project of inserting Blockchain into phone communication system.
Harvard, Stanford and Massachusetts universities invest millions of dollars in cryptofunds. This is a good news for the legitimization of the sphere.

New releases:

South Korean popular messenger Kakao started testing its blockchain platform Klaytn.
Japanese IT giant GMO announced the release of GMO Japanese Yen in 2019. Token will be connected with Japanese currency. Finally, some diversity!

Key events to follow for the next week:

15 October - SolarTech Summit in Porto, Portugal

15 October - Mainnet coin, Metamorph trading platform launch.

16 October - FOTA platform launch.

17 October - Financial Times Digital Health Summit in New York, the USA

19 October - Start Engine Summit in Los Angeles, the USA


Bitcoin $6,321.1 (+0.31%)

DASH $162.10 (-1.45%)

Ethereum $197.49 (-1.82%)

Litecoin: $51.75 (+0.9%)

 

[SebsCubs]

5 important things this week will bring us!

More at: http://bit.ly/2pVdDUu

15.10.2018

The US retail and core retail data (Mon 15:30 MT) - the September figures are expected to increase by 0.4% and by 0.3% correspondingly. The actual data for the last months came out lower than the expectations. Will it happen this month? Let's wait.
New Zealand quarter CPI (Tue, 12:45 MT) – the forecasts for this indicator of inflation are quite optimistic due to the higher oil prices. According to analysts, it increased to 1.7% in the 3rd quarter. If the actual data beat the expectations, the kiwi will increase. For now, the inflation remains below the Reserve bank of New Zealand's target of 2%, so there is no chance the bank will make a rate hike any time soon.
British CPI (Wed, 11:30 MT) – The level of annual UK consumer inflation is expected to reach 2.6%. If the actual figures are higher, the GBP can increase. However, the situation with Brexit plays a more important role for the British currency right now.
Federal Open Market Committee meeting minutes (Wed, 21:00 MT) – while the experts do not expect a new rate hike this month, there are projections of another rate hike in December 2018. During the meeting, they will tell about the reasons for the previous decision and we can anticipate clues on the future rate hike. Recent talks about the "neutral rate" and Trump’s criticism of the Fed's policy make this meeting even more important for the USD.
The Australian unemployment rate and employment change (Thu, 3:30 MT) – the level of employed persons is expected to increase by 15200 people in September. In its turn, the unemployment rate is forecast to stay at the last month level of 5.3%.

Hot topics:

The EU Brexit summit (Wed-Thu) – during the summit dinner the countries can reach a highly expected agreement. In addition, the EU negotiator Michel Barnier said the Brexit negotiations are in their final stages. Despite his words, the solution on the Irish border backstop is still unclear and its outcome can affect the GBP.

Saudi Arabia is planning to adjust countermeasures against the US sanctions, which include oil. According to the plan, they will hit the American economy more, than Saudi Arabia's.

In Germany, Angela Merkel's sister party has suffered huge losses during Bavaria's state elections.

Have a good week and successful trading!

 

[SebsCubs]

Trend Trading Indicators. ADX

http://bit.ly/2RQumoO ADX is a trend strength indicator. It automatically includes 3 lines. Learn in this article how to interpret it.
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[SebsCubs]

Trading Styles and strategies. Carry Trade

http://bit.ly/2yJb8ZA

It is a type of trading in which a trader sells a certain currency with a low-interest rate and then uses it to purchase another currency that yields higher interest. The main goal of a carry trader is to capture the existing divergence in interest rates and earn substantial profits with help of leverage.

Read the complete article to learn more about this interesting Trading strategy
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[SebsCubs]

Trade the CAD on economic indicators

More at: http://bit.ly/2Pe4oNL

18.10.2018

Canada will release CPI and Core Retail Sales data on October 19 at 15:30 MT time. Both indicators are highly important. As a result, they will affect the Canadian market a lot.

A new agreement between the US, Mexico and Canada were anticipated to support the CAD. However, the effect of the event didn’t last for a long time. The Canadian dollar is under big pressure as the USD strengthens again.

• If data are greater than forecasts, the CAD will rise.

• If data are weaker than forecasts, the CAD will fall.

Check the economic calendar
Yesterday the Federal Reserve made some hawkish comments during the Federal open market committee (FOMC) meeting minutes. In addition, the US Treasury did not consider China as a currency manipulator. According to the report, China does little to directly support the value of Chinese yuan. However, it listed the US trade war opponent on a watch list. At the time, USD/CNH is trading at its summer's highs. The next resistance is at 6.9522. If the USD weakens, the support is at 6.91.

Follow us for more news!

 

[SebsCubs]

How Forex Factory alternatives offered by FBS can improve your trading experience.

http://bit.ly/2OwTwL7

Every trader knows about Forex Factory. It is one of the biggest informational resources about Forex on the internet.
Learn in this article how to make the most from this web.
Know how Forex Factory alternatives offered by FBS can improve your trading experience?
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[SebsCubs]

5 important things this week will bring us!

Check the graphs: http://bit.ly/2EDoMUl

22.10.2018

The speech of the Bank of England governor Carney (Tue, 18:20 MT time) – the BOE governor is planning to make a speech in Toronto. The main topic of his speech will be dedicated to machine learning, however, he can make some comments regarding the Bank’s monetary policy. This will be a good move to support the GBP after the last week Brexit tensions.
Bank of Canada rate statement (Wed, 17:00 MT time) – Bank of Canada will announce its official rate. Despite the weaker than expected economic data concerning inflation and retail sales, the bank is anticipated to raise interest rates on Wednesday. If it happens, this will be the fourth rate hike since July 2017, which will support the CAD.


The announcement of the main refinancing rate and the European Central Bank press conference (Thu, 14:45 MT time) – This week is important for the EUR, too. ECB will give its usual press conference and announce the official rate on Thursday. The rate is expected to remain stable, as the bank does not plan a rate hike earlier than in summer 2019. However, the President of the ECB Mario Draghi can make some hawkish comments on the EU economy and the EUR.


US Core durable goods orders (Thu, 15:30 MT time) – according to analysts, the total value of new purchase orders of the US will increase by 0.3%. If the actual data is higher, the greenback will rise.

US advance GDP (Fri, 15:30 MT time) – experts see the GDP of the United States to fall by 3.3% in the third quarter, which still shows the above trend growth of the US economy.


Hot topics:

The European Commission will make their concerns regarding Italy on Monday. If the EU commission rejects the proposal on Italian budget, Italy will have three weeks to revise the budget.
Canada will host a multilateral summit on reforming the World Trade Organization on Wednesday. The main focus will be on the US tariffs. The United States wishes China’s non-market economy to remain the target of WTO reforms, while Canada tries to push for the reforms.
The Irish foreign minister Simon Coveney said the extension of Brexit transition cannot be considered as an alternative to the Irish backstop.

 

[SebsCubs]

How to combine your life and trading?

http://bit.ly/2yViUiX

If you consider trading as your job, you need to be prepared for a lot of challenges. As with any freelance or entrepreneurship, the key to successful trading is your self-awareness. Not every person is prepared to work independently for himself. Learn how to start with this new life.
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[SebsCubs]

Trading Styles and strategies. Day Trading Style http://bit.ly/2SeCmQz

It is another short-term trading style. A day trader normally takes a single trade a day and closes it once the day is over.


Read more about this trading style and find out whether this can be your style.
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[SebsCubs]

News to trade on October 25

Check the candles: http://bit.ly/2ArnpUI

25.10.2018

The European Central Bank will announce its official rate and conduct a press conference at 15:30 MT time. We do not anticipate the rate hike, however, the European Central Bank president Mario Draghi can make some hawkish comments for the EUR. For now, EUR/USD is testing the resistance at 1.1421. The hawkish comments by the European Central Bank President can make the pair rise to the next resistance at 1.1521. However, if the USD is strong or more concerns on the Italian budget come out, it will fall to the support at 1.1331.


As for the USD the level of core durable goods orders of the United States will be published. Analysts expect it to increase by 0.5%. If today’s data support the USD, the next resistance will be at 96.6. Otherwise, it will fall below the support at 96.02 to the next support at 95.25.


Yesterday Fitch placed Australia higher on the credibility rating. It made the aussie to rise towards the resistance at 0.7083. If the USD is strong, the pair will fall below the support at 0.7050. Otherwise, the pair will rise above 0.7083.


Follow us for more news!

 

[SebsCubs]

Weekly CryptoNews

Check the graphs: http://bit.ly/2D4OSOp

26.10.2018

Kevin Davitt, the analyst at CBOE: "Perhaps we are witnessing the maturation of a market. It's far too early to declare this the "new normal" but the persistent range over the last few weeks may be hinting at a structural shift. Time will tell."

After reaching its September highs last week, Bitcoin is trading in a range-bound market between the resistance at $6,595 and the support at $6,485. The digital currency keeps losing its volatility, as trading cryptocurrencies becomes less chaotic and more professional. Even the news factor did not affect the price for Bitcoin as it used to last year. Thus, the latest speculations around Tether failed to create a long-term market activity. Some analysts even compare the volatility of Bitcoin price to shares of some large corporations, showing how little they change. At the moment, the digital currency is trading near the 50-day MA at $6,522. Unexpected positive events on the market can force the price to rise above the resistance at $6,595 to the next resistance at $6,629. In case of negative factors, the price can fall below $6,485 to the next support at $6419.


In other news:

Tether destroyed 500 million of USDT tokens, still, more than 600 million coins remain outside the market for now. The capitalization of Tether fell below 2 billion dollars for the first time since January.

Regulations:

Coinbase got a license from the state of New-York to provide custodian services for saving cryptocurrencies.
Finance services agency in Japan gave an association of domestic crypto trading platforms official rights for regulating the crypto market.
Chinese authorities are going to tighten the Blockchain start-up regulations.

New releases:

Sony developed a remote crypto wallet that is not needed to be plugged into the PC through the USB. Moreover, Blockchain and Ledger companies presented their co-developed digital wallet Lockbox.
VanEck announced it destroyed all the possible reasons of a Bitcoin exchange-traded fund (ETF) rejection by the US Security exchange commission. A highly anticipated decision will be made on November 5.
The Novatti Group will use Stellar blockchain for launching stablecoin backed by the Australian dollar.
Bakkt announced a start of the trades of Bitcoin futures, however, we need to wait for the regulator's approval.

Bitcoin $6,566.8(+0.40%)

DASH $155.05 (-0.55%)

Ethereum $206.75 (+1.19%)

Litecoin: $51.88 (+0.62%)

 

[SebsCubs]

5 things you need to know this week

More at: http://bit.ly/2yCAU2b

29.10.2018

US CB Consumer confidence (Tue, 17:00 MT time) – as you may know, this indicator shows the level of consumer spending. That means you will spend more if you confident in economic conditions. Analysts expect it to drop to 136.3 points from reaching 138.4 points in September. Remember, the higher-than-expected level is good for the greenback.

The Bank of Japan press conference (Wed, tentative) – some experts anticipate the probable changes to the monetary policy of the BOJ, following the latest statements from its Governor Haruhiko Kuroda. A combination of the hawkish statements from the Bank of Japan and a sell-off in the equity markets can be quite supportive for the JPY.

Canadian GDP m/m (Wed, 15:30 MT time) – this is a nice opportunity to trade the loonie during this week, too. Last time the economic activity of the country increased by 0.2%. There is no official forecast yet, but it will definitely be announced before the release of the actual data. We will keep you updated.

Monetary policy summary from the Bank of England (Thu, 15:00 MT time) – while there are no expectations of the rate hike, the bank can make some supportive comments for the GBP. It will help the currency to recover during the uncertain Brexit times.

US non-farm employment change and employment rate (Fri, 15:30 MT time) – the NFP is forecast to expand to 191 thousand people from 134 thousand in September. At the same time, the unemployment rate will reach 3.8%, according to analysts. This level is higher than in September (3.7%), which can have a negative impact on the currency. We will see how the actual data will affect the USD.

Hot topics:

During the Brazil elections, Jair Bolsonaro from Social Liberal Party is proclaimed as a new president-elect. His victory speech contained his goals to reduce the size of the state and the public deficit and to cut bureaucracy and regulations.
French finance minister Bruno Le Maire told the press he did not see any risks of contagion from Italy’s budget crisis in the European Union (EU).
China is planning to impose the anti-dumping tax on the chemicals from the US, Saudi Arabia, Malaysia, and Thailand.
UK's Exchequer Phillip Hammond will deliver his speech today at 18:30 MT time. During his latest interview, he told the country need to find a new tax and spending plan. He also suggested extending the supportive measures if the solution on Brexit problem is not reached soon.

Have a successful week of trading!

 

[SebsCubs]

Trend trading vs counter-trend trading. http://bit.ly/2Ro5P9t One of the principles of technical analysis is that price moves in trends. Every trend consists of periods when the price moves in the direction of this trend and smaller periods of counter-trend corrections.
Learn in this article two strategies to get the most on each scenario.
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[SebsCubs]

Another dream came true with FBS

Hussam Shaaban is a 21 years old student from Cairo, Egypt, who studies economics. His studies require a good awareness of all the market news and updates – but university is not the only reason for his interest in market.


Now, when he got a brand-new Canon 750D camera, he’s able to provide his subscribers with more high-quality content. Mr. Shaaban is sure – this will help him reach his goals and achieve his dreams. “I am a dreamer”, confesses he. We congratulate Mr. Shaaban on his win and with him good luck!


http://bit.ly/2OgPhys
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[SebsCubs]

News to trade on November 1

Check the candles: http://bit.ly/2AEmSPh

01.11.2018

The main event for today is the Bank of England monetary policy summary and the press conference held by Mark Carney afterward. While there is no expectation of a rate hike, the GBP can be supported by the hawkish comments. Yesterday the UK Brexit minister Raab was confident about reaching the Brexit deal on the 21 of November. It lifted GBP/USD towards the resistance at 1.2895. Hawkish statements by the Bank of England can make the pair to stick above2895. Negative news can push the cable down to the support at 1.2704.


The Chinese government announced further plans for stimulating the economy as the manufacturing data continues to decline, following the trade tensions between the US and China. It lifted the risk-on sentiment among the investors and made the risk currencies, such as the aussie and the kiwi to rise. AUD/USD crossed the resistance at 0.7134 towards the next resistance at 0.7164 (50-day MA). If the USD is strong or the uncertainties across the equity market increase, the pair will drop below the support at 0.7077. As for NZD/USD, the pair followed the same scenario. Up to now, it is testing the resistance at 0.6594. Strong USD will make NZD/USD to drop below 0.6529.


The Chinese yuan, in its turn, rose from its weakest level. USD/CNH fell below the support at 6.9529. The next support is at 6.9287. If the USD is strong, the pair will go up to the resistance at 6.9522.


The US dollar index is declining following the strong gains across the equity markets. The next support for the price lies at 95.15. The upcoming release of manufacturing PMI for the US at 17:00 can change the situation. Despite the index is expected to drop to 59 from 59.8 points, a higher-than-expected data can support the USD. In that case, the resistance for the price lies at 96.76.

It seems like the risk-on market sentiment does not affect the direction of the price for the Gold. The price surged above the resistance at $1,221. However, higher-than-expected ISM manufacturing PMI can support the USD and thus push the commodity downwards the support at $1,208.

Follow us for more news!