OctaFX Official

2023-09-07 16:37:22 #economic_calendar

These events may affect the market on 8 September.

Visit Market Insights and read daily analytics to stay up-to-date about important events and their influence on your trading.

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2023-09-07 14:49:39 From working 9-to-5 to becoming a full-time trader

Muhammad Hanafi has been trading with OctaFX for four years. After starting his trading journey, he eventually quit his job, gained financial freedom, and is now planning to retire early.

In the interview, Hanafi reflects on the challenges he faced at the start of his investing career, such as avoiding scammers, managing risks, and controlling emotions. He gives advice to beginner traders based on his experience.

Watch the interview on Youtube and leave your comments: is his trading journey similar to yours Open / Comment

2023-09-07 13:23:03 #intraday_trading

#USDJPY is moving downwards

Opportunity: SELL
Main pattern: Breakout, Pullback and Continuation
Explanation: The blue line represents a long-term trend and displays a bullish movement. The line is stronger than the orange one, which is a short-term trend. The technical pattern suggests a reversal of the long-term trend.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 147.488
Stop Loss: 147.714
Take Profit: 147.261

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-09-07 13:19:03 Find the best entry points for currency pairs in today’s
#technical_analysis

• Bulls continue to drive #USDCAD higher
• #AUDUSD is in a flat market
• #EURUSD is in a downtrend

Don’t miss out on profitable trading opportunities.

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2023-09-07 12:31:57 #market_updates

Upbeat U.S. economic data brought down gold.

Today's Crude Oil report may prolong the bullish trend in XTIUSD.

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2023-09-06 16:31:24 #economic_calendar

These events may affect the market on 7 September.

Visit Market Insights and read daily analytics to stay up-to-date about important events and their influence on your trading.

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2023-09-06 13:26:04 #intraday_trading

#GBPUSD is likely bullish

Opportunity: BUY
Main pattern: Breakout, Pullback and Continuation
Explanation: The blue line represents a long-term trend and displays a bullish movement. The line is stronger than the orange one, which is a short-term trend. The technical pattern suggests a continuation of the long-term trend.
Order type: Market Buy
Risk-reward ratio: 1:1

Place order: 1.25570
Stop Loss: 1.25264
Take Profit: 1.25875

Trade now

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These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-09-06 12:40:00 #market_updates

Gold drops as safe-haven flows go into the U.S. dollar.

The Canadian dollar declined as investors worried about the global economic slowdown.

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2023-09-06 12:33:03 #intraday_trading

#GBPJPY seems bearish

Opportunity: SELL
Main pattern: Strong resistance pullback
Explanation: The blue line represents a long-term trend and displays a bearish movement. The line is stronger than the orange one, which is a short-term trend. The technical pattern suggests a continuation of the long-term trend.
Order type: Market Sell
Risk-reward ratio: 1:1

Place order: 185.268
Stop Loss: 185.888
Take Profit: 184.665

Trade now

If the link doesn’t work, try a special one for your country:
ID MS PK TR

These trading ideas can only be applied to the intraday trading strategy and remain valid for 24 hours after publication. They are based on historical data and analysis and do not guarantee constant profit. You remain solely responsible for your decisions and the financial risks you take. In case your pending order is not executed within a single trading day, please, do not forget to cancel it. Open / Comment

2023-09-06 12:15:02 Find the best entry points for currency pairs in today’s
#technical_analysis

• Bulls continue to drive #USDJPY higher
• #USDCHF is in an uptrend
• #XAUUSD is in a flat market

Don’t miss out on profitable trading opportunities.

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ID MS PK TR Open / Comment