Connect with us

Media OutReach

Trend trading: insights and strategies from global broker Octa

Published

on

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 January 2025 – Trend trading is one of the simplest and most reliable strategies for Forex traders. The idea is straightforward: identify the market’s direction—upward or downward—and place trades accordingly, buying in an upward market and selling in a downward market.

Start by selecting a time frame. A daily chart can show larger trends, while shorter time frames like 15-minute charts are more suited to quick, intraday moves. The key is to spot clear price movements that indicate an established trend.

A trend isn’t always smooth, though. Prices often take temporary pauses, known as retracements. These short-lived pullbacks can be a good chance to enter the market at a better price. For traders with patience, swing trading—holding positions for days or weeks—is another way to ride trends and target bigger gains without the constant pressure of monitoring the market. In this article, Kar Yong Ang, a financial market analyst at Octa Broker, talks about the importance of understanding market momentum to maximise the potential of this strategy.

Counter-trend trading: spotting reversals
Counter-trend trading, or contrarian trading, is a more advanced approach. Rather than following the market’s direction, this strategy focuses on identifying moments when the market appears overstretched, signaling a potential reversal on the horizon.

This approach can be riskier because it involves going against the flow. Timing is everything here. A contrarian strategy works best when there’s a good reason for a reversal, such as an asset hitting a historically high price or major news suggesting a market shift.

For instance, if a currency pair spikes significantly, traders may expect others to start taking profits, leading to a pullback. The trick isn’t to aim for the entire reversal but to capture smaller, more achievable moves. However, this strategy demands precision and a strict risk management plan, as predicting reversals can be tricky.

Trading the news: seizing opportunities
News-based trading takes advantage of the market’s reaction to major events, such as economic data releases or political developments. This strategy is straightforward in theory but can be difficult to put into practice due to the speed at which markets react.

Events like interest rate announcements or employment reports often trigger sharp movements in currency pairs. For instance, a positive jobs report from the U.S. Federal Reserve might strengthen the dollar, creating opportunities in USD-based pairs like EURUSD or USDJPY.

The key to success here is preparation. Traders should keep an eye on economic calendars and know when major announcements are due. But be cautious—news can be unpredictable, and markets don’t always react as expected. Setting clear entry and exit points is critical to avoid unnecessary risk.

The importance of risk management
Regardless of the chosen strategy, risk management serves as the foundation of successful trading. Implementing stop-loss orders, managing leverage carefully, and maintaining diversified exposure are essential measures to safeguard trading accounts during periods of market unpredictability.

By sticking to a solid plan and being disciplined with risk management, traders can improve their chances of long-term success. Strategies may vary, but the best results come from consistency and thoughtful execution.

Trading isn’t about luck—it’s about preparation, patience, and the ability to adapt. These strategies offer a starting point for traders to refine their approach and navigate the ever-changing Forex CFD market.
Hashtag: #Octa

The issuer is solely responsible for the content of this announcement.

Octa

is an international broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.

The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.

In the APAC region, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

Media OutReach

Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups

Published

on

JAKARTA, INDONESIA – Media OutReach Newswire – 14 January 2025 – Global technology solutions provider Arrow Electronics has entered into a memorandum of understanding (MoU) with Asosiasi Startup for Industry Indonesia (STARFINDO). This collaboration is designed to bolster tech startups within Indonesia’s ecosystem.

Arrow Electronics Teams Up with Asosiasi Startup for Industry Indonesia to Support Tech Startups

Through this collaboration, startups will gain access to cutting-edge electronics technologies and vital engineering expertise, empowering them to drive innovations in AIoT (Artificial Intelligence of Things) and EvTech (Electric Vehicle Technology).

According to research conducted in 2023, Indonesia’s startup ecosystem ranked second in the Southeast Asian region1. Industry-wide and cross-sector support are crucial for the sustainable development of the tech startup ecosystem. STARFINDO is committed to nurturing the growth of tech startups in Indonesia. By collaborating with government bodies, institutions, and the private sector, STARFINDO offers startups access to funding sources, technology ecosystem support, and opportunities to market their products both domestically and internationally.

“Our collaboration with Arrow, a global provider of technology solutions focusing on engineering and distribution support and supply chain services, is a significant addition to our network of industry-leading partners. This strategic collaboration will help us establish a more robust I&T (Information & Technology) ecosystem, fostering deeper engagement among local tech community, public, and private sectors, accelerating growth within Indonesia and beyond,” said Lukas Dedy Setiyawan, chairman of Asosiasi Startup for Industry Indonesia.

Arrow and STARFINDO intend to provide substantial support to startups with the knowledge needed to accelerate their innovation journey. This commitment was exemplified by a recent AIoT and EvTech seminar held in Jakarta, Indonesia, where Arrow joined forces with several international technology suppliers, including Diodes, Inolux, onsemi, Silicon Labs, STMicroelectronics, and Yageo Group. During the seminar, engineering experts from Arrow and these technology suppliers presented the latest market trends. They also showcased new AIoT, EvTech, and battery technologies and products through live demonstrations, allowing over 90 attendees to see firsthand how these technologies are applied to real-world scenarios.

“By leveraging our global network of resources, industry insights, and in-market presence, we serve as a trusted technology partner. We guide and assist aspiring startups and entrepreneurs in transforming their creative ideas into impactful innovations more efficiently and cost-effectively,” said Dr. Raphael Salmi, president of Arrow Electronics’ South Asia, Korea & Japan components business.

1 https://www.statista.com/topics/10216/startups-in-indonesia/#topicOverview
Hashtag: #ArrowElectronics

The issuer is solely responsible for the content of this announcement.

About Asosiasi Startup for Industry Indonesia

STARFINDO is an Association of Startups for Industry Indonesia under the supervision of the Ministry of Industry of the Republic of Indonesia. The association was initiated by alumni of the startup4industry program that has been held by the Ministry of Industry since 2018. STARFINDO aims to nurture thriving startups in Indonesia that can contribute to improving the welfare of the Indonesian people.

About Arrow Electronics

Arrow Electronics (NYSE:ARW) sources and engineers technology solutions for thousands of leading manufacturers and service providers. With global 2023 sales of $33 billion, Arrow’s portfolio enables technology across major industries and markets. Learn more at arrow.com.

Continue Reading

Media OutReach

Gensler Honoured for Leadership in Sustainability with Dual Wins at 2024 ACES Awards

Published

on

BANGKOK, THAILAND – Media OutReach Newswire – 14 January 2025 – Gensler, the leading global architecture and design firm, celebrated a dual win at the 2024 Asia Corporate Excellence & Sustainability (ACES) Awards, reinforcing its leadership in sustainable design across the Asia Pacific Middle East (APME) region. Gensler received the Green Initiative Award for its dedication to driving sustainable practices across its projects, while David Calkins, Gensler’s Co-Regional Managing Principal for APME, was recognised with the Outstanding Leaders in Asia Award, marking his second consecutive year receiving this honour.

Tanya Suvannapong, Principal and Design Director of Gensler (centre), receiving the award in recognition of Gensler’s contributions to advancing sustainable design across the APME region.

The ACES Awards recognised Gensler’s transformative impact through initiatives such as the Gensler Cities Climate Challenge (GC3), which aims to achieve carbon neutrality across the built environment by 2030. GC3 encompasses a robust strategy to reduce operational and embodied carbon by incorporating advanced technology, sustainable materials, and strategic procurement. With a significant presence across APME, Gensler has been instrumental in developing tailored solutions for regional climate and sustainability challenges, setting an industry benchmark for environmental stewardship.

David Calkins expressed his pride in Gensler APME’s commitment to sustainable design, stating, “Our work in the APME region showcases the depth of Gensler’s commitment to sustainability and innovation. Receiving the Green Initiative Award and Outstanding Leaders in Asia Award is a testament to our team’s relentless drive to push the boundaries of sustainable architecture and design. This recognition reflects our shared vision for a carbon-neutral future, where every project contributes positively to the environment and communities we serve.”

Theresa Sheils, Gensler’s Co-Regional Managing Principal for APME, highlighted the importance of collaboration in driving sustainable outcomes, remarking, “Sustainability is woven into the fabric of everything we do at Gensler. We see it as an ongoing commitment that goes beyond projects to include research, partnerships, and active community engagement. Our team’s leadership has been instrumental in guiding this direction, and their dedication to sustainability and innovation continues to set new standards across the region.”

Building on these efforts, Gensler has recently expanded its Product Sustainability (GPS) Standards to include 20 building product categories and furniture, setting a new benchmark for reducing the environmental impact of interior materials used across its projects globally. The GPS Standards address emissions, resource use, and wellness considerations, empowering clients to make sustainable choices aligned with their ESG goals. Through its focus on carbon reduction strategies, renewable energy, and collaboration with manufacturers, Gensler is driving industry-wide advancements in greener products and helping to reshape cities for a more sustainable and resilient future.

Shanggari B, President of ACES Awards, noted, “Gensler’s work in the APME region exemplifies how a clear purpose in sustainable design can redefine the architecture industry. Their Gensler Cities Climate Challenge is an ambitious goal that’s setting a new standard, not only for carbon neutrality but also for the integration of sustainability into every aspect of the design process.”

As Gensler continues to expand its efforts in sustainable architecture, this recognition from ACES reaffirms the firm’s commitment to creating positive change through design and to setting a benchmark in environmental responsibility that inspires others across the industry.

Hashtag: #ACESAwards2024 #Gensler #Leadership #Sustainability #CorproateAwards #RegionalExcellence #ESG

The issuer is solely responsible for the content of this announcement.

About Gensler

At Gensler, the value of our work stems from its positive impact on the human experience. We are a dynamic and collaborative design firm uniting creativity, research, and innovation to solve complex problems for our clients. Our work challenges conventional ideas about architecture and the built environment. We aren’t just designing buildings — we are reimagining cities and places that make a difference in people’s lives. Founded in 1965, Gensler has built a team of 6,000 professionals who partner with clients in over 100 countries each year. Everything we do is guided by our mission: to create a better world through the power of design.

Continue Reading

Media OutReach

Mukuru launches mobile wallet in Zimbabwe to bolster financial inclusion

Published

on

This is the first development since Mukuru was awarded a deposit taking license in the country

HARARE, ZIMBABWE – EQS Newswire – 13 January 2025 – Next-generation financial services platform Mukuru (www.Mukuru.com) has launched a mobile wallet in Zimbabwe called Mukuru Wallet. The secure digital store of value follows Mukuru’s award of a Deposit-Taking Microfinance Institution (DTMFI) licence in Zimbabwe by the Reserve Bank of Zimbabwe.

Building on Mukuru’s trusted capabilities, which support more than three-million Zimbabwean customers, the wallet has several benefits, including its standout features: two pockets that allow users to send and receive money locally and internationally from mobile phones, safe storage of funds as well as a free cashout on international transfers.

Marc Carrie-Wilson, Send Money Home Zimbabwe CEO says: “The Mukuru Wallet is a significant development in the country because we have built a reputable brand by consistently ensuring cash availability when needed. To avoid disappointing people who travel long distances to receive their remittances which they use for food, school fees and other essential services, we now have 250 of our own service points. With a network stretching across urban and rural areas, we can reach more people than ever, providing constant cash availability and valuable digital solutions, such as the Mukuru Wallet, to the underserved communities.”

Mukuru Zimbabwe Financial Services CEO, Doug Tait-Knight, says: “Mukuru takes its role as a fintech driving financial inclusion seriously. With this wallet, we tap into our strength which lies in our robust network and technology, as well as our crispy notes that are always available, making this an exciting moment in our evolution in Zimbabwe.

“The wallet environment enables us to start providing additional value such as allowing more affordable domestic money transfers, supporting safety by eliminating the need for customers to walk around with large sums of money, and providing convenience and cost savings, such as paying for electricity, buying airtime, settling DSTV bills and paying for insurance from their couch. Our use of multiple channels also ensures accessibility for our customers,” explains Tait-Knight.

While currently focusing on private end users, soon organisations will be able to partner with Mukuru to make use of its local capabilities and global footprint to facilitate payments, such as distributing money to farmers, supporting payroll for small businesses and securing traceable aid distributions. Various organisations such as Cottco and the United Nations, through the World Food Programme, and the United Nations Children’s Fund (UNICEF) already partner with Mukuru.

Kevin Nyakotyo, Mukuru’s Enterprise Sales Manager for Zimbabwe and Zambia, added, “Our success in the end-user sector has enabled us to set in motion plans to enter the business sector. Whether it is for tobacco or cotton, payments made to farmers are often large sums of money. The Mukuru Wallet will make receiving these large sums of money far safer because beneficiaries won’t need to draw all their cash at the same time.

“We have a mandate to educate the market based on trends we see, and with this wallet, we are reaching out to both organisations and individuals and giving them peace of mind to know their funds will be safe and can be collected at any time. They can draw an amount that suits them with full confidence the cash will be available wherever they are, whenever they need it,” says Nyakotyo.

Distributed by APO Group on behalf of Mukuru.

Download Image (1): https://apo-opa.co/3PxElyw

Image Caption (1): Marc Carrie-Wilson, Mukuru Send Money Home Zimbabwe CEO

Download image (2): https://apo-opa.co/425kC0y

Image Caption (2): Doug Tait-Knight, Mukuru Zimbabwe Financial Services CEO

Download Image (3): https://apo-opa.co/3C5FnP0

Image Caption (3): Kevin Nyakotyo, Mukuru’s Enterprise Sales Manager for Zimbabwe and Zambia

Download Audio file (1): https://apo-opa.co/3C6LWkj

Audio file Caption (1): Soundbite – Doug Tait-Knight, Mukuru Zimbabwe Financial Services CEO

Hashtag: #Mukuru

The issuer is solely responsible for the content of this announcement.

About Mukuru

Mukuru is a leading next generation financial services platform in Southern Africa that offers affordable and reliable financial services to a customer base of over 17 million+ across Africa, Asia and Europe.

With over 100 million transactions to date, our core was built providing international money transfers and from this base, we’ve developed a set of services to address the broader financial needs of our customers. We now operate in over 60 countries and across over 500 remittance corridors.

We are a business that puts the customer at the centre of everything we do, and for that reason, we serve clients across physical and digital channels, by various payment methods (cash, card, wallet) as well as a range of engagement platforms including WhatsApp, USSD, contact centre, App, website, agents and a branch and booth network.

Mukuru has, for the fifth consecutive year, been listed as one of the top 100 Cross Border Payments businesses in the world in the 2024 FXC Intelligence Top 100 Cross-Border Payment Companies (), one of only six African companies to receive this accolade.

In 2023, Mukuru officially ranked sixth on the LinkedIn Top Companies List in South Africa.

Mukuru was celebrated for innovation and excellence at the 2023 Africa Tech Festival Awards, receiving the Fintech Innovation of the Year Award – an acknowledgment of the transformative power of financial technology in driving economic growth, financial inclusion, and digital transformation. Visit to learn more.

Continue Reading

Trending