FBS Analytics

2024-02-07 15:57:25 #TradeIdea

XAUUSD Outlook!

On the H1 chart, XAUUSD tests a critical support zone around the 2030 level. Future price action could unfold in two possible scenarios:

If the price breaks below the support level at 2030.00, it may target the next support level at 2020.00.
Conversely, if bullish momentum prevails and drives the price upward, the next target could be 2040.00.

Do you expect a bullish or bearish move? Share in the comments.

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2024-02-04 19:44:05 Trained AI or an experienced trader — whose forecast will be more accurate?

We've decided to launch a series: AI vs FBS Trader. Every week, we'll request a forecast from an AI bot and an experienced trader. At the end of the week, we'll reveal whose forecast turned out to be more accurate. And at the end of the month, we'll summarize the results.

In your opinion, whom should one trust more in trading? Share your thoughts in the comments

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@fbsanalytics Open / Comment

2024-02-02 18:30:58 #networking

Happy Friday, everyone!!!

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Starring Paul Giamatti as relentless US Attorney Chuck Rhoades and Damian Lewis as ambitious billionaire Bobby "Axe" Axelrod, "Billions" is a thrilling exploration of ambition, power, and the American dream.

Why is it worth watching? The Billions series goes beyond numbers to explore the complex dynamics of power and justice. With poignant writing, compelling characters, and thrilling plot twists, the series offers an exciting blend of drama and intrigue.

Get ready for a thrilling journey through the echelons of wealth and corruption. "Billions" is more than just a TV series; it's a high-octane experience that mixes finance, politics, and personal strife.

If you've been wondering what exciting things to watch for a while, this is our recommendation!

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@fbsanalytics Open / Comment

2024-01-27 15:00:03 #meme

Don't forget about risk management.

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@fbsanalytics Open / Comment

2024-01-27 13:03:00 ​​#Blog

Hey there, fellow traders!

In our latest article, "The Only Two Ways to Win in Trading", we delve into essential trading approaches that can make or break your success in the financial markets. Understanding these two methods is crucial whether you're a seasoned trader or just starting out.

Some traders may be tempted to go against the trend, hoping for a reversal and more extensive opportunities. But remember, trends tend to persist, and going against them can be risky.

Trend trading strategy is all about riding the momentum of established trends. Learn how to spot patterns, use technical indicators, and align your trades with the market direction.

Plus, we explore the importance of implementing a stop-loss strategy to manage risk effectively and protect your investments.

Whether you're a risk-taker or prefer a more cautious approach, this article offers valuable insights into winning strategies for traders of all levels. Dive into it now! Open / Comment

2024-01-26 18:23:51 #networking

Happy Friday, guys!

Improve your trading skills with "Technical Analysis of the Financial Markets" by John J. Murphy. A must-have in your financial library!

Why this book will be helpful to you:

A masterclass in technical analysis tailored for both novices and pros.
John J. Murphy simplifies the intricate world of market trends, charts, and indicators.
It’s a treasure trove of insights on how market sentiments shape financial landscapes.

Dive into this book for a profound understanding of market dynamics. It's not just about charts; it's about unlocking the rhythm of the markets.

Whether you're strategizing for short-term gains or long-term growth, this guide is your compass in the ever-changing tides of finance.

Grow your financial acumen. Share your experiences or favorite financial reads below! Let's spark a conversation and learn together!

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2024-01-26 17:12:11 #TradeIdea

NZDJPY Analysis!

In the H1 timeframe, NZDJPY has formed a symmetrical triangle pattern; the moving averages are concentrated in a narrow range, so two options are possible:

If the upper trendline and resistance of 90.300 are broken, the price will soar to the 90.700 level
If it falls below the support level of 90.100, NZDJPY may reach 89.800

Are you bullish or bearish on NZDJPY? Share your thoughts in the comments

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@fbsanalytics Open / Comment

2024-01-26 15:31:30 #TradeIdea

XAGUSD Outlook!

On the H2 chart for XAGUSD, a "head and shoulders" pattern has formed. A breakthrough of the resistance level at 23.000 is a good signal for a bullish trend.

If the price surpasses the resistance level at 23.000, the next target will be 23.400.
However, if the price declines below 22.700, it will pave the way to the support level 22.000.

Are you bullish or bearish on XAGUSD? Share in the comments

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@fbsanalytics Open / Comment

2024-01-20 17:47:20 #meme

Have a nice weekend, guys!!! Open / Comment

2024-01-20 11:30:29 ​#Blog

Greetings, traders!

This weekend, let's focus on a critical yet often overlooked aspect of Forex trading: the threat of scams!

Imagine the Forex market as a bustling city: vibrant but without hidden dangers. It's essential to navigate these streets wisely, avoiding the pitfalls of pyramid schemes, signal service scams, and unregulated brokers.

Stay protected by choosing regulated brokers like FBS and learning to spot fraud signs. Knowledge is your power in this market.

Ready to trade smarter? Let’s dive into the details! Open / Comment