OctaFX Official

2022-12-05 16:09:53 #intraday_trading

#EURUSD is possibly bearish

Opportunity: SELL
Main pattern: Overbought
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

Entry point: 1.05933
Stop Loss: 1.06298
Take Profit: 1.05561

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

2022-12-05 13:25:36 #intraday_trading

#GBPUSD is possibly bearish

Opportunity: SELL
Main pattern: Triangle
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: Sell Stop
Risk-reward ratio: 1:1

Entry point: 1.22535
Stop Loss: 1.23111
Take Profit: 1.21979

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

2022-12-05 13:16:49 The strong NFP results gave room for more hawkish Fed steps

The market expects the Fed to cut rates, so the U.S. dollar decreasing.

Gold continues to trade near a four-month high. Open / Comment

2022-12-05 13:11:05 #intraday_trading

#USDJPY is possibly 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

Entry point: 135.250
Stop Loss: 136.057
Take Profit: 134.473

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

2022-12-05 11:57:46 OctaFX Analytics pinned a photo Open / Comment

2022-12-05 11:57:43 Festive trading is well underway!

Trade at least one lot to join our draw for thousands of prizes, which will be raffled off on 29 December.

Meet our exclusive offers for this week: up to 15% lower spreads on XAUUSD and XAGUSD.

Follow the link to learn the details. Open / Comment

2022-12-05 11:27:03 #intraday_trading

#XAUUSD is possibly bearish

Opportunity: SELL
Main pattern: Breakout, Pullback and Continuation
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

Entry point: 1799.41
Stop Loss: 1805.38
Take Profit: 1793.74

Our festive journey is well underway! Don't miss this week's special offer—up to 15% lower spreads on XAUUSD. The offer is valid until 11 December 2022, 11:59 p.m. (UTC).

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

2022-12-05 10:53:01 ​​#weekly_outlook

Keeping up-to-date with the market helps you make better trading decisions

Here’s a Weekly Market Outlook for 5 December—10 December from Vito Henjoto. Stay informed and trade wisely.

We wish you a successful trading week! Open / Comment

2022-12-05 08:30:00 ​​#webinars_schedule #education

Join our educational webinars to learn more about trading:

5/12, 8:30 PM PKT - URDU - Trading Camp with Mateen Awan
5/12, 7 PM SAST - ENGLISH - Webinar 'The Rising Cost of Living' with Nicolette Mashile
6/12, 8 PM MYT - ENGLISH - Live trading session with Kar Yong Ang
6/12, 9 PM IST - HINDI - Live trading session with Manish Patel
7/12, 8 PM IST - ENGLISH - Webinar 'Understanding Risk Management' with Saeed Shaikh
8/12, 9 PM MYT - MALAY - Q&A session with Gero Azrul
8/12, 9 PM IST - HINDI - Live trading session with Manish Patel
8/12, 6 PM WAT - ENGLISH - Live trading session with Tunmise Olaoluwa
9/12, 7 PM PHT - ENGLISH - Live trading session with Paul Joseph Mendoza
9/12, 9 PM IST - HINDI - Q&A session with Manish Patel
10/12, 9 PM MYT - MALAY - Online Workshop for Complete Beginners with Gero Azrul Open / Comment

2022-12-01 15:50:34 #intraday_trading

#EURUSD is possibly bearish

Opportunity: SELL
Main pattern: Strong resistance pullback
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

Entry point: 1.04491
Stop Loss: 1.04751
Take Profit: 1.04232

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