FBS Trading Marathon is back. Will you be the top trader?
| |  | | Especially for you this week: | | 1. Interview with Devry Iskandar | | 2. FBS Trading Marathon is back again! | | 3. Weekly economic calendar | | 4. What awaits oil market? | | 5. Weekly outlook | | | | | Interview with Devry Iskandar | | Part of our worldwide community, FBS analysts come from all over the globe and specialize in both global and local markets. This time, we’ve interviewed Devry, one of our analysts based in Indonesia. Read on to learn from his experience. | | | | | Meet Devry Iskandar, an FBS analyst based in Indonesia! | | Devry has 14 years of professional experience on the Forex market. In fact, he won a trading competition in 2016, finishing with a huge ROI of 310% in just a month! | | To help you make better trading decisions, we’ve asked Devry to for some trading advice and to reveal his outlook for the near future. | | FBS: «What will happen to gold prices in April?» | | Devry: «I think the advance will pause. Gold can actually return to $1833 in April if geopolitical tensions ease and demand for safe assets declines. Technically, the pin bar candlestick and a bearish engulfing pattern point to the upcoming downside. And after XAUUSD slides to $1878-$1833, it will meet strong demand.» | | FBS: «What would you recommend traders to do when the market is volatile?» | | Devry: «When the market is volatile, it’s better not to chase the price when it starts rising or falling rapidly. Let the price develop the market structure, and only then open a trade using your trading strategy.» | | | | | |  | | FBS Trading Marathon is back again! | | Good news! The legendary FBS Trading Marathon returns yet again. The event will run from March 30 to April 5 on our Telegram channel @fbsanalytics.To register, simply go to our Telegram channel and follow the steps provided. | | FBS Trading Marathon is an amazing opportunity to take your trading skills to the next level. Over five trading days, you’ll receive useful tips about different trading instruments and will be able to apply them in practice straight away. The most successful traders will receive prize money, and this time, the prizes are even bigger! The winners will be announced on April 6. | | Ready to trade your way to the top? Let’s go! | | | | | |  | | | | | | | | * MetaTrader time (MT time) is the server time of the trading platform — MetaTrader. It’s the same as GMT+3. | | Check MT time at the top of the ‘Market Watch’ window or on the time axis of the price chart with the 1-minute timeframe. |  | | | To see MT time in the mobile app, go to the ‘Quotes’ screen. For MetaTrader 5, it’s placed under a currency pair. For MetaTrader 4, in the ‘Advanced’ section, above a currency pair. | | |  | | What awaits oil market? | | The Energy Information Administration warns that the world may soon lose three million barrels of Russian oil a day. However, OPEC+ may keep its production plans in place even as crude prices reach the highest levels since 2008. | | A complete loss of Russian oil is capable of sending Brent futures above $200 a barrel. The US has called on producers to increase output at a faster rate to help cool raging oil prices but to no avail. | | The price of oil may thus continue to witness more volatility ahead of the OPEC meeting on March 31. | | | | | | Weekly outlook | | New video is out now! | | March 29 — April 1 | | Forex news coverage & trading tips | | | | |  | | Trading is about practice just as much as it is about learning. Keep them balanced and you will succeed. | | Elizaveta Belugina, FBS analyst | | | | | | | | Contact us | Personal area | | You received this email because you registered at fbs.com. If you have any questions, please contact us via email at support@fbs.com | | | | Risk warning: Before you start trading, you should completely understand the risks involved with the currency market and trading on margin, and you should be aware of your level of experience. | | | | Web version | Unsubscribe | About Us | | FBS is always by your side since 2009 | | | |
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