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Barclays Capital expects USD/JPY to consolidate

Friday, February 24, 2012 - 07:30

 

Analysts at Barclays Capital claim that the greenback will consolidate between 78.50 and 80.50 yen ahead of the US February jobs report which is released on March 9.

 

The specialists think that after the pair USD/JPY has made such an impressive progress this month rising from 76 to 80.50 yen it currently lacks strong indicators for further advance, so the market will likely stand still ahead of the labor market data. According to the bank, the risk of the Federal Reserve announcing another round of quantitative easing is low.

 

http://static1.fbs.com/sites/default/files/image/analysis/February2012/22_02_2012/daily_usdjpy_11-34.gif

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Market Analytics

Barclays Capital expects USD/JPY to consolidate

Friday, February 24, 2012 - 07:30

 

Analysts at Barclays Capital claim that the greenback will consolidate between 78.50 and 80.50 yen ahead of the US February jobs report which is released on March 9.

 

The specialists think that after the pair USD/JPY has made such an impressive progress this month rising from 76 to 80.50 yen it currently lacks strong indicators for further advance, so the market will likely stand still ahead of the labor market data. According to the bank, the risk of the Federal Reserve announcing another round of quantitative easing is low.

 

http://static1.fbs.com/sites/default/files/image/analysis/February2012/22_02_2012/daily_usdjpy_11-34.gif

 

dou you have any analysis for this week?

hopefully can help other friends also

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New record of 999 Contest established

Monday, February 27, 2012 - 12:45

 

Dear traders!

 

On the 24th of February “999” Demo Contest was over. And now we happy to announce its results.

 

Honourable 1722th place is taken by a contestant from Russian Federation with contest account number 222145. As a special encouraging prize we grand him with a free FBS Master Card.

 

Trader from Indonesia (contest account number: 223635) finished third. His balance by the end of the contest period was 486284.92 USD. The trader gets 111 USD from FBS.

 

Second place and 333 USD are given to a participant from Colombia (contest account number: 222259). The contestant increased his balance up to 2105276.69 USD.

 

The winner and absolute record-breaker of 999 Contest has become a trader from Moldova (contest account number: 221496). By the end of the contest his balance was 6033009.86 USD! The participant receives 555 USD and an exclusive T-shirt from FBS!

 

FBS congratulates the winners and thanks all the participants for the intensive trading and inexhaustible will to win.

 

We are happy to inform you that from 27th of February registration for the next 999 contest is open. Don’t miss you chance to be the best!

 

Registration: 27.02.12 – 12.03.12

Contest period: 13.03.12 – 13.04.12

 

999 Contest details: http://www.fbs.com/999-demo-contest

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Now, we have our chance again to win FBS exclusive T-shirt, don't miss it !

 

We offer you to take part in “Predict Nonfarm Payrolls” forecast contest .

 

It’s so simple: write your guess for the non-farm payrolls, which will be published at 12:30 GMT 09.03.12. First one to use the right number or the closest one will be the winner of the contest.

 

Duplicate entries will be disqualified.

 

Post your guess here : http://www.facebook.com/notes/fbs-holdings/predict-nfp-february/305448719509108

 

Your guesses are accepted till 8:30 GMT 09.03.12.

 

Winner will receive a brand T-shirt from FBS.

 

Good luck!

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Have you read this news ?????

This is our chance to win a big prize from FBS.

 

Forecast contest - EURUSD (Your guesses are accepted untill March 23

Take part in a forecast contest.

The idea of the contest is pretty simple: guess the price of EURUSD on Friday, March 30th (right after the closing of trading).

Your answers are accepted from 02.03.12 to 23.03.12.

Read more here http://forumfortrader.com/showthread.php?p=162267#post162267

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Learn more about forex trading from the FBS Demo Contest winner.

Secrets of Forex trading success shared by 999 winners

Friday, March 2, 2012 - 12:45

 

Dear traders!

 

On the 24th of February 999 Contest was completed. And the winners are:

 

a trader from Moldova Vladislav Dobrovolsky (555 USD)

a trader from Colombia Johan gember Riascos valencia (333 USD)

a trader from Indonesia I made darma Udayana (111 USD)

 

Vladislav Dobrovolsky who won the first prize, set an all-time record in the history of 999 Contest. The winner increased his balance up to 6033009.86 USD. Balance of Johan gember Riascos valencia’s contest account was 2105276.69 USD. I made darma Udayana earned 486284.92 USD in the contest.

 

We asked the winners to share their impressions of 999 Contest, profitable trading strategies and their secrets of Forex trading success.

Vladislav Dobrovolsky

 

How long are you engaged in trading? How has it turned out that you have got acquainted with exchange trading?

I’ve been trading for 3 years. But I got acquainted with exchange trading earlier, 6 months before that. I found in the Internet some advertising about new way to make extra money. I started to explore it, but didn’t trade, even on demo-account. In 6 months my friend told me about some company that provided its customers with stock market trading services. That is how I started trading. But then exchange trading in Forex has become more attractive to me.

 

What currency pair do you prefer to trade? Why?

I prefer trading the following currency pairs: EURUSD, GPBUSD, AUDUSD, NZDUSD. More rarely I use EURJPY, GPBJPY, EURCHF, GPBCHF. Sometimes I trade USDCAD, EURGPB, USDCHF, USDJPY. These are the most popular currency pairs that I got used to. I don’t like exotic pairs.

 

Please tell us about your impressions of participation in «999» contest.

I like the contest. That was not my first time to participate, and I was waiting for a long time for good results. And finally I managed to win! In addition, contest was very hard for me, because of the lack of possibility to open one order with more than 10 lots volume. The fact makes the contest more exciting and competitive.

 

What trading strategy did you use during the contest «999»?

I stuck to the strategy of opening orders using all available balance, as it was possible with the leverage. Especially it had been important on the first level of the contest before I had my big profit. Then I reduced the risks gradually, and I didn’t use all the balance to open orders. Yes, it is a risky strategy, but it’s hard to win in a different way. Be sure, I do not take such a risk on live account.

Also I made my decision based on technical analysis and fundamental market data.

 

What qualities should a trader possess to be successful in trading?

I am confident that 70% of Forex success doesn’t depend on a trader’s knowledge or forecast skills (which are also important), but it depends on psychological condition of a trader: if he is able to control his emotion, be patient and rational in any situation possible. Don’t panic. Don’t be greedy.

20% of success depends on a trading strategy which one should follow strictly.

And only 10% of success, in my opinion, depends on a trader’s knowledge and forecast skills.

 

What advice could you give to beginners?

As I have already mentioned in my previous answer, one should not be emotional in trading. There is no need to be upset if something goes wrong. I think it is normal when fails happen. You must have the big goal to strive for. Your dreams and goals must be huge, on the verge of possibility. Your dream will be huge and none of the difficulties will be able to overshadow it. It will be always visible. So, you will manage to pass the obstacle and move on.

Johan gember Riascos valencia

 

How long are you engaged in trading? How has it turned out that you have got acquainted with exchange trading?

I’ve started trading not long ago. But I can spend only half of my time, because I also work as an environmental engineer.

 

What currency pair do you prefer to trade? Why?

I prefer to trade the major currency pairs, because these currency pairs are traded by a great number of people. They have a higher volume of transactions and a good movement.

 

Please tell us about your impressions of participation in «999» contest.

999 is a great contest. I was impressed by the large number of participants who was struggling to win and get prizes. There was excellent execution of orders. I had no problems in opening and closing my positions.

 

What trading strategy did you use during the contest «999»?

I like to use simple strategies. I used moving averages cross, MACD, trend lines, support and resistance. I watched the price of opening and closing the day before.

 

What qualities should a trader possess to be successful in trading?

A trader to be successful should be very patient. He or she should have a plan to follow. And very important is money management.

Be patient. Patience is one of the most valuable qualities. Think before opening an order, everything should be according to your strategy.

Never stop learning. Every day you should learn something new. But call into question everything you know.

 

What advice could you give to beginners?

I would recommend the following to the beginners in Forex:

 

have a good trading strategy

learn to control emotions

do not risk

Always use a stop loss in their operations.

Always be aware of the global economic news.

 

I made darma Udayana

 

How long are you engaged in trading? How has it turned out that you have got acquainted with exchange trading?

Actually I am just a beginner in Forex. I was engaged in trading 6 month ago. My friend told me about exchange trading. He is not trader, but he is an investor working at some exchange trading company.

 

What currency pair do you prefer to trade? Why?

I like EURUSD. Because it has the lowest spread.

 

Please tell us about your impressions of participation in «999» contest.

Wow, actually it is my first time to take part in such a contest. It is enjoyable.

 

What trading strategy did you use during the contest «999»?

It calls “3 box strategy”. I open order when the price above/below 3 box from MA100.

 

What qualities should a trader possess to be successful in trading?

You must have patience, accuracy and discipline.

 

What advice could you give to beginners?

They should know that professional traders always think about risks, amateur traders only think about profit.

 

Dear traders, note please that registration for 999 Contest is open again.

Don’t miss your chance to win!

 

999 Contest details: http://www.fbs.com/999-demo-contest

Registration: https://my.fbs.com/contests/999

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Now, we have our chance again to win FBS exclusive T-shirt, don't miss it !

 

We offer you to take part in “Predict Nonfarm Payrolls” forecast contest .

 

It’s so simple: write your guess for the non-farm payrolls, which will be published at 12:30 GMT 09.03.12. First one to use the right number or the closest one will be the winner of the contest.

 

Duplicate entries will be disqualified.

 

Post your guess here : http://www.facebook.com/notes/fbs-holdings/predict-nfp-february/305448719509108

 

Your guesses are accepted till 8:30 GMT 09.03.12.

 

Winner will receive a brand T-shirt from FBS.

 

Good luck!

 

 

for traders who have never won this contest, FBS has been opened re-registration for all of you who want to participate.

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“Add FBS as Friend”: winner of this week.

Tuesday, March 6, 2012

 

 

 

 

Dear friends!

 

Correct answer for our weekly “Add FBS as Friend” contest is: 60 USD.

 

The winner who gets 10 USD from FBS to his trading account is Dent Officek.

 

 

Kind regards,

 

 

 

FBS

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“Predict NFP”: contest results

Friday, March 9, 2012 - 16:30

 

Dear friends!

 

According to Bureau of Labor Statistics, U.S. Department of Labor data Nonfarm Payrolls indicator for February is 227000.

Maory Aryani’s guess 230000 is the closest one. The contestant gets an exclusive T-shirt from FBS.

Congratulations to the winner.

 

Kind regards,

FBS

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May this market news help our trading or maybe help us in forecast contest.

Market Analytics

US TIC increase beats forecast

Thursday, March 15, 2012 - 14:00

 

Net overall capital inflows into the United States fell from December's revised inflow of $95.216 billion to $18.825 billion in January. This isn’t enough to cover the trade deficit for the month ($52.57 billion). U.S. trade gap widened in January to more than 3-year maximum of $52.6 billion.

 

Net long-term capital inflows were $101.046 billion in the first month of 2012, up from purchases of USD19.1 billion in December.

 

China remained the top holder of U.S. Treasuries (up by $8 billion to $1.160 trillion), but Japan may take over the first place as it continues to increase investments in U.S. debt (up by $21 billion to $1.079 trillion).

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The forecast contest had officially closed, now all we can do is waiting for the result that will be announced in March 30rd 2012.. keep optimist people! good luck for us..

 

Hi mr.abory,

i have something to ask,

last time I want to withdraw to my local bank Mandiri Account, it can't processed...

and I dont know what's the problem?

Is there anyone here ever withdraw to Mandiri? please share the information here...

https://my.fbs.com/withdrawals/idrbank

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Hi mr.abory,

i have something to ask,

last time I want to withdraw to my local bank Mandiri Account, it can't processed...

and I dont know what's the problem?

Is there anyone here ever withdraw to Mandiri? please share the information here...

https://my.fbs.com/withdrawals/idrbank

 

There's two option, sist :

 

1. is there your trading account same with your bank account name ?

2. have you ever deposit with your local bank ? and your deposit must be bigger then your deposit with your LR. You cannot withdrawal using local bank if you never deposit with your local bank bigger then your deposit via LR.

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