FNB Credit Card

There are so many FNB Credit Cards to choose form today, they’ve created a credit card that will suite almost every person. Truly taking their customer’s needs to heart and helping as much as possible.

FNB Classic Credit Card

With the FNB Classic Credit Card, you can expect free airtime and grocery rewards every time you use your credit card to buy groceries, up to 55 days’ interest free credit, free global travel insurance no matter where you travel in the world, get a personalised credit limit, automatic debt protection and free unlimited swipes.

FNB Gold Credit Card

Earn double eBucks with an FNB Gold Credit Card when you swipe it, up to 55 days’ interest free credit, free comprehensive global travel insurance no matter where you are in the world, free AA emergency roadside assistance when experiencing problems with your vehicle, free unlimited swipes and an extra level of protection when shopping online with online Secure.

FNB Premier Credit Card

Earn double eBucks with an FNB Premier Credit Card when you swipe it, free comprehensive global travel insurance no matter where you are in the world, take me home on your linked Petro card where you get a driver to take you home safely, get access to SLOW Domestic, Slow International and SLOW in the city lounges, 24/7 service where your team of Premier bankers can assist you and up to 15% back in eBucks on domestic Uber rides.

FNB Private Client Credit Card

The FNB Private Client Credit Card give you someone to ensure that your wealth is protected by someone who understands and knows you with your own private banker, you earn double eBucks every time you swipe, free comprehensive global travel insurance no matter where you are traveling to or from, complementary visits to priority pass international airport lounges and personal transfer services, free take me home and all SLOW lounge access.

FNB Private Wealth Credit Card

Now, with an FNB Private Wealth Credit Card you receive up to 5 free additional secondary credit cards, you pay absolutely no transactional fees, free lost card protection which includes a PIN replacement, linked Perto cards where you get up to 5 free linked Petro cards, free eBucks whenever you swipe your credit card and free card purchases.

FNB Standalone Petro Card

The wonderful FNB Standalone Petro Card comes with free AA emergency roadside assistance so you’ll never be stranded again, free take me home service for all Standalone, linked Premier, Private Clients and Private Wealth Petro cardholders, personalised interest rates plus personalised limits where you can save as much as 5% per annum on your average balance and a surprising low monthly fee.

Take note that all of the special rewards are just some of the rewards you get with these cards and you can view these amazing rewards in more detail. There are so many credit cards so choose from out there and it’s always a good idea to do a proper comparison first, so do an Online Credit Card Comparison where all the credit cards are compared to each other, to help you find the number 1 rated card in South Africa.

The Brexit vote results are in!

The results of the historic Brexit vote are finally in and Britain has voted to leave the EU. As expected, everyone was stunned and that apparently include, United Kingdom Independence Party leader Nigel Farage who was, the main driving force behind the pro-Brexit movement.

Some are hoping that he’s at least stunned and that that’s the reason why he made the shocking and tasteless comment that the “Leave” campaign won the vote “without a single bullet being fired.”

This of course being said days after the horrific murder (by bullet and knife) of the young British Member of Parliament Jo Cox, by a man who believes Jo Cox was a traitor by Cox’s pro-immigrant and anti-Brexit stance. This motivated the man to murder Jo Cox and that left Farage’s “victory speech” in bad taste.

One can only hope that it was nothing more than an unfortunate but innocent gaffe on Farage’s part but, as Farage’s has made many disrespectful, out right racist and inflammatory statements in the past, one can assume that this reference to a bullet being fired was anything but innocent.

And as you have most likely have guessed, the press and social media are skewing him for his “crass” statement and blaming his poos choice of words on him being stunned or tired after a long night of poll watching, as if the past isn’t any guide.

After all, the best demagogues know that one of the most important skill anyone can have, is the ability to play off your most offensive and outrageous statements like it’s nothing more than a simple slip of the tongue or unfair misinterpretation by the media, just in case the backlash against your statement gets a little too hot.

As we’re all a little stunned and tired after the long night of Brexit poll watching, we’re not quite sure that anyone is tired enough to truly be convinced that Farage’s statement was an innocent mistake.

On other news, David Cameron, the Prime Minister has resigned after Britain voted to leave the European Union. Shocked by the results of the votes, Mr Cameron addressed the Britain nation in an emotional speech to announce that he, would be stepping down.

Statements are expected to be made by Sinn Fein and the SNP later today, calling for a breakaway from the EU. Meanwhile, on the markets the FTSE 250 index has plunged a banging 11.7pc. The index of so-called mid-cap companies has also dropped a whopping 2,017 points to 15,309 in the first few minutes of trading. Clearly, this vote shook the world too.

Donald Trump the US presidential hopeful, arrived in the UK and said that he’s very happy about the Brexit vote. He believes it’s a great thing that people of the UK have taken back their country in voting to leave the EU.

Trump said that he thinks it’s a great thing that happened, it’s an amazing vote and very historic. When asked why people voted for Brexit, he explained that people are angry, all over the world people are angry, angry about borders and angry over people coming into their countries and taking over and nobody notices.

Trading Binary Options Based on News – Advanced.

Trading on news and events is actually not recommended for beginners. Should you be a beginner, it’s best to try out some other Binary Options Trading first like Money Management.

Making a prediction of markets is almost impossible immediately before and after the release of a huge news event that’s related to some assets. Only experienced traders have the confidence to make trades like this.

High Price Fluctuations.

The biggest reason why beginners shouldn’t trade on news, is because the value of an asset can fluctuate very strongly before and after a major event takes place. In stations like this, movement of the asset is almost never predictable.

In most cases, even experts aren’t sure what the right choice is. Trading on news and events becomes so much easier after some time passes after an event. Here are some tips on trading on news and different types of events.

15 15-minute rule.

Not only can the value of an asset fluctuate before an event, but also shortly before the event takes place. In cases where the event was planned and announced for example.

Should you be an experienced but impatient trader, don’t trade 15 minutes before and after an event. During times like these, market movements are hard to predict due to the number of trades performed by others, mostly beginners who have no clue.

It’s during times like these that super massive price fluctuations take place in short time frames and they won’t make sense at all. So avoid trading 15 minutes before and after an event takes place.

30 30-minute rule.

If you are a medium skilled trader and have a bit more patience, then don’t trade 30 minutes before or after an event involving an asset after that event took place.

For the same reason mentioned above, price fluctuations are heavy 15-minutes before and after. Should you not be an expert, avoid trading during these time frames.

How to Trade On News and Events.

Now that you know the time frames to avoid, but not when is the best time to cash in large amounts of money. So listen closely! You’ll have the most optimal winning chances to cash in large amounts of money when start trading before or after the 30-minute mark.

No you know which time frames to avoid but you still don’t know when you’ll have the best chance to cash in large amounts of money when trading on news and events.

So 30-minutes before an event takes place there are consensus about the nature of an event. If Apple is about to launch a new product in a few hours, most people assume it’ll be a good product and bump up Apple’s stock.

It’s likely that Apple’s stock will increase during this time frame so you’ll be able to buy an appropriate option contract but, 30 minutes before a product launch this will go crazy. People begin to speculate, buy, sell and so the company’s stock prices jump around heavily.

Then again, 30 minutes after the event is going on, many speculators are still actively trading. This results in the value of the asset jumping around all the time and seemingly without any logic at all.

After the initial 30 minutes, the asset will start stabilising and either continue to increase or decrease. That’s because, 30 minutes into an event like a product launch, people will already be able to calculate the nature of the event.

That means in the case of an Apple product launch, 30 minutes into the launch you’ll already be able to tell the quality of the product launched. SO when you see Apple releasing something great, you know that the value of Apple’s stock will increase.

But, if the product sucks or nothing big was released, then you know that the value of the company will decrease and so, you’ll be able to make the right predictions and earn a lot of money.

Trading on Currencies.

So many people make trades based on the news involving currencies. One of the best ways of doing this is to trade on Non-farm Payroll reports released by the US Department of Labour every 3^rd Friday of every month.

This report is a statistic of the US non-farm labour force during the previous month. It reveals how many new jobs were created or lost during the previous month.

This report always influences the conversion rate of the USD compared to other currencies. So there are 2 scenarios to that into consideration:

Plenty of new jobs created the month before:

The USD will increase in value. In this case, you should make a prediction according to which the USD/xxx (xxx is any other currency) exchange rate will decrease as the USD became stronger due to the consequence that more investors invested in the USD knowing that the US economy was boosted the previous month due to new jobs.

Many jobs have been lost the month before:

Here the value of the USD will drop due to the loss of jobs pointed out a stagnation/decrease in economic output. In this case, you should buy a binary options contract that predicts the value of the USD/xxx exchange rate increases, meaning the USD will perform poor.

Trading news on stocks.

As discussed before, this involves company product launches. If, the general consensus thinks that the next product launch will be successful, then the stocks are expected to increase.

If around 30 minutes after the product launch it becomes evident that the new product launched is great, the value of the company will naturally increase. You’ll have an easy time making good predictions in these cases.

As explained before, avoid trading either 30 or 15 minutes before a product launch and 15 or 30 minutes after a product launch. This advice is extremely important!

Final Words

This is how you trade binary options based on news, product launches and other types of events. If you are a total newcomer, then perhaps you should wait before on news in the very beginning. Gather some experience with other strategies first.

To learn more about beginner strategies, read about Money Management Strategies (hyperlink to this article) and start applying them today. You’ll be very glad you read it.

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