Learn a simple but effective intraday strategy

And how to sound profound among traders ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ [FBS&FCB&LCFC]( [Personal Area]( [Forex news and more]( Especially for you this week: 1. An easy intraday strategy 2. Learn trading jargon with FBS 3. Weekly economic calendar 4. How is the US Economic Slowdown a Good Thing? 5. Weekly outlook [The RSI and bearish engulfing pattern strategy]( ARTICLE The RSI and bearish engulfing pattern strategy We all know that feeling when your trading strategy doesn’t go to plan. Most of the time, this happens due to a lack of proper analysis in preparation. Therefore, we backtested several strategies based on oscillators and candlestick patterns and picked the best one for you. An FBS analyst will present a step-by-step guide on how to use this strategy properly. Click the button below and gain exciting knowledge! [Read now]( [How to sound like a pro]( VIDEO LESSON How to sound like a pro It’s not a secret that every industry has its specific terminology and jargon. Obviously, trading is not an exception. Each one of us probably came across expressions that are hard to understand without knowing the subject. In today’s video, our analyst will highlight the most common slang words in trading. Click the button below and learn to speak like a guru! The video is in English, but you can turn on subtitles in your language. Just hit the ‘Settings’ button and choose ‘Auto-translate’ in the ‘Subtitles’ section. [Watch now]( [Weekly Economic Calendar]( August 2, 7:30 MT time Australia rate decision If the bank raises the rate more than expected — the AUD will soar. [Instruments to trade: AUDUSD, AUDJPY, AUDCAD.]( August 4, 14:00 MT time UK rate decision If the bank is more hawkish than expected, the GBP will rise. [Instruments to trade: GBPUSD, EURGBP, GBPJPY.]( August 5, 15:30 MT time US NFP If the actual NFP data exceeds expectations — XAU will fall. [Instruments to trade: XAU/USD, EUR/USD, USD/CAD.]( [Check calendar]( * 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. [tips] 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. [tips] [FRESH ANALYTICS]( How is the US Economic Slowdown a Good Thing? A slowing economy may be what America needs to win its fight against inflation. The US economy’s weakness will come with slowing consumer spending, rising prices, declining investments and economic activity, and a damp housing market. Theoretically, the more the economy shrinks, the more inflationary pressures will fall, and prices will calm down. This may prompt the Fed to ease the aggressive rate hikes, rescuing the US markets from volatility and uncertainty. Some effects of such a setup are already visible. The news was that the US GDP contracted by 0.9% in the second quarter. In addition, as some analysts expected, the Federal Reserve lifted the interest rates by 75 basis points and not by 100 points. Despite the technical recession, the US stock market (US500) jumped by about 4% this week, while the USD index went down. [Learn more]( Weekly outlook [New video]( is out now! August 2-5 Forex news coverage & trading tips [weekly]( [how-to-start] Go to [FBS website]( and learn how to start trading on Forex [For those who love analytics.]( For those who love analytics. 🤓 It’s (un)official: The US GDP declined for the second quarter in a row — America is now technically in recession. However, it will become official only when/if the National Bureau of Economic Research announces a recession. 🎭 What’s up: Gold is above the July bottom by 5%. Bitcoin gained 13% during the past two weeks. 🌀 Swinging stocks: Walmart stock initially plunged on earnings, while Microsoft surged on good growth forecasts. The broad market — US500 — retraced almost half of its fall since March! Want more insights into the trading world? FBS analysts share them on our [Telegram channel](. Hurry up to subscribe and start trading like a pro! Get ready to trade your best [Trade. Profit. Repeat]( [Help Center]( | [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. [google_play]( [apple_stor]( 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. [instagram]( [facebook]( [twitter]( [telegram]( [youtube]( [Web Version]( | [Unsubscribe]( | [About FBS]( FBS is always by your side since 2009 [fbs]