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Dec
04
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish EURUSD consolidated throughout last week – in the context of a downtrend. A closer look at the market reveals that there has been some consolidation to the upside, and there would be some bullish attempt this week. EUR would rally versus most other major currencies, save USD, which is expected to continue strengthening this week. There are resistance lines at 1.0750 and 1.0800. There are also support lines at 1.0550 and 1.0500. USDCHF Dominant bias: Bullish This pair also consolidated last week; while consolidation to the downside is revealed by a closer look. USD would...
Dec
02
REWARD VERSUS MEANING Trading success does not follow a linear trajectory, success ebbs and flows with good times and bad times. If you trade for long enough you there eventually will come a time when you question the decision you have made to become a trader. It all seemed so easy initially and there was never any consideration as to what could possibly go wrong. This is a natural part of the journey and it is a watershed moment because those who understand their own motivations will have sound concrete reasons for continuing. Those who do not or whose motivations could be termed shallow or materialistic in nature do not and it it those who do not who will most likely give up....
Dec
02
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New and improved interface for the benefit and comfort of our traders. Check it out - Enjoy - and share your thoughts and comments with us. FBS is always by your side! https://fbs.com/
Dec
02
The Forex trading market is incredibly complex. While some traders prefer using robots and software programs in order to buy or sell their currency pairs, others prefer making trades based on their own analyses or intuition. However, nobody broke the bank sitting at their computer waiting for a software program to give them a signal to buy or sell. No trader can also claim to have made a fortune having studied charts again and again and waiting for the perfect indicators to line up. Successful traders were quick to realize that while these indicators and mechanical Forex trading systems can complement a person’s trading strategy, your whole trading strategy cannot be based on such...
Dec
02
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Selling pressure intensifies on Dalal Street with the Nifty floating around 8100. The 50-share index is down 83.15 points at 8109.75 while the Sensex is down 246.53 points at 26313.39. Banks, FMCG and oil stocks are dragging indices. Coal India, Sun Pharma, Reliance and Cipla are best gainers while Tata Motors, Asian Paints, Dr Reddy's Labs, ITC and HDFC are losers in the Sensex. Join Investment Advisory Company and get day to day updates about share market and commodity with trading calls, for more give missed call at toll free no. 18003157801 Gold prices spurted by Rs 280 to Rs 28,200 for each 10...
Dec
01
AUS200 Dominant bias: Bullish On November 9, AUS200 dipped massively, reaching a low of 5042.00. Since then price has climbed numerous resistance lines (now support lines) gaining roughly 4500 points. Since the bias on the market is bullish, it is expected that price would continue going upwards till the end of the year. While there may be pauses, consolidation, and transient corrections along the way, the market is expected to reach the resistance lines at 5530.00, 5560.00 and 5590.00. SPX500 Dominant bias: Bullish This market trended south in the first few days of November, and then gapped upwards, assuming a strong bullish movement. The bullish...
Dec
01
Timing matters significantly in the world of forex trading. For example, if you are trading based on the news, you will need to act quickly if you want to increase your revenue. Most forex traders generally have to be very proactive if they want to make quick trades. When you first decide to make a trade, you need to call in your broker in order to make the trade. However, most trades take a bit of time to go through. If you are working with a broker who has a reputation for being slow in the market, you will end up losing a lot of your trades. Trade execution speed plays a vital role in determining whether your trades are likely to yield good results or not. There are millions of...
Dec
01
Becoming a successful trader in the forex market is not easy. You need to have a certain amount of discipline, ingenuity and a penchant for identifying trends if you want to become successful in the forex market. Most traders in the market often find it difficult to generate profits, simply because they look for big rewards in the short term. Becoming a successful trader in the forex market is all about developing a sense of discipline. However, if you want to take a look in the mentality and mindset of a successful trader, you need to figure out the things that they generally avoid saying. To give you a brief idea, here are some of the statements that a successful trader will never say:...
Dec
01
Fundamental analysis is used in the equities market in order to gauge the true value and to make investments based off of this calculation. Fundamental analysis is also used in the forex market. However, in the forex market, traders generally evaluate currencies and their respective countries in order to decide whether an investment is worth it. Economic announcements made in any country often have a direct impact on the true value of a currency, which is why fundamental analysis is used. How Does It Work? A prudent trader generally factors in a variety of different news reports, economic announcements and international factors in every single one of their trade....
Dec
01
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FBS is an International ECN/STP Forex Broker company, established in 2009, currently present in over 120 countries world wide and continuously expanding. The company received the titles of the Best Customer Service Broker Asia 2016, Top IB Program 2016, Highly Recommended Broker Insurance Company in Indonesia of the year, Best Forex Brand, Asia 2015, Best Safety of Client Funds Asia 2015, Best broker in Asia-Pacific region 2015, Best broker in the Middle East and many others. Over 2000000 traders and 130000 partners are already working with FBS. We welcome you to join our team of success! https://fbs.com