NPBFX - making money with us since 1996!

EUR/USD: trading is ambiguous 01.07.2019

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on EUR/USD: for a better understanding of the current market situation and more efficient trading.

Current trend

EUR showed ambiguous dynamics against USD on June 28. Investors didn't want to open new positions at the end of the week amid the passing G20 summit, at which, in particular, a meeting between US President Donald Trump and Chinese President Xi Jinping was awaited. The negotiations ended quite positively. Trump noted that they were "better than expected" and encouraged the markets with optimistic forecasts for the final deal between the countries. The United States decided not to introduce new import duties and allowed American companies to deal with Huawei if this does not pose a threat to the US security.

Moderate support for the euro on Friday was provided by preliminary data on consumer inflation. In June, the core CPI accelerated from 0.8% to 1.1% YoY, with a forecast of growth to 1.0% YoY. At the start of the week, European statistics on consumer lending and unemployment for May is expected.

Support and resistance

Bollinger Bands in D1 chart show moderate growth. The price range expands from above, freeing a path to new local highs for the "bulls". MACD is reversing down and forming a sell signal (being located under the signal line). Stochastic is declining slightly more actively, being located just below the middle of its working area.

There's a possibility of a correctional decline in the short and/or ultra-short term.

Resistance levels: 1.1370, 1.1411, 1.1447, 1.1471.

Support levels: 1.1343, 1.1316, 1.1281, 1.1263.





Trading tips

Long positions should be opened if the price moves away from the support level of 1.1343 followed by the breakout of 1.1370–1.1390. Take-profit – 1.1471. Stop loss – 1.1330–1.1310.

A confident breakdown of 1.1343 may serve as a signal to further sales with the target at 1.1263 or 1.1246. Stop loss – 1.1380.

Implementation period: 2-3 days.

Use more opportunities of the NPBFX analytical portal: economic indicators

Regular monitoring of global economic indicators plays an important role in trading, because of their strong influence on FOREX market and possibility to provoke significant price fluctuations. For the convenience of traders the "Education" section on the NPBFX portal contains the most popular and significant world economic indices with a detailed description, their possible impact on the economy and exchange rates (GDP, consumer price index, unemployment rate, Nonfarm Payrolls (NFP), etc.).

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on EUR/USD and trade efficiently with NPBFX.
 
May “Battle of Traders”: striking the balance, announcing 10 winners!

Hello, dear forum users!

The spring is over, same as the monthly “Battle of Traders” contest of May. We present you a review of the contest results and 10 winners of the month.

At the initial assessment, we can say that the May battle was fairly smooth, without breakthrough achievements and new levels in figures. So, 1658 traders took part in the contest. The leader of the contest Joe Fredolin managed to increase the initial deposit almost by 10 times, putting $ 47,677.26 onto the balance of his contest demo account. Mamont44–the runner-up of the contest–is breathing down the winner’s neck, with the result of $ 45,005.64.

Participants’ commitment to win, incessant search for the best strategies and tactics are becoming clearly apparent, when analyzing the course of the contest and taking a closer look at the trading accounts statements. Despite the fact that automated algorithmic trading is quite popular, at least 40% of the participants prefer “manual” control of each transaction. So, which participants managed to take top places due to their professional efforts and good luck?

The top 10 winners of the May “Battle” are traders with the following nicknames: Joe fredolin, Mamont44, Dd1, grig31, PANADO, Mahadi, Chimera, 923018758485, vikfedr, go6eto. Congratulations! We wish you successful trading on real trading accounts at NPBFX!



Have you already planned your summer vacation schedule? Complete your plans by participating in the Battle of Traders contest! This is not only an opportunity to win real money for trading and a grand prize–the brand-new iPhone Xs, but also a source of bright emotions, the spirit of a real trading battle on the financial battle field!

Let us recall that everyone can participate in the contest. The contest is held on NPBFX demo accounts, no entry fee is required. To participate you need to go through a simple registration with NPBFX.

Registration for the new stage of the contest will end on July 14. Hurry up to take part and fill the summer of 2019 with a flood of positive emotions!

Register now for the July “Battle of Traders” contest
 
Riding the Elliott Wave right to the 1st place of the contest! The interview with the winner of the May “Battle of traders”

Malaysia is a Southeast Asian country occupying parts of the Malay Peninsula and the island of Borneo with a population of 31 million people. Joe Fredolin Keffrus citizen of this country was awarded the victory in the May Battle of Traders contest and a prize of $ 1000 to the trading account! In his interview, the winner of the trader’s battle shared that he had succeeded due to the Elliott Wave strategy and the never-give-up ability. Why did Joe have a hard time learning Forex trading, whether trading in financial markets is popular in Malaysia, and how does the winner evaluate the conditions of the contest itself? Read the questions and answers session in the interview.



- Joe, it was May you participated in the monthly Battle of Traders contest for the first time. Please tell us how did you learn about the contest and why did you decide to take part in it?

- I saw a banner in the “Promotions” section of my Personal Office and decided to try.

- Did you set a goal to take first place?

- I was planning to get into the top five winners and was very happy when I learned about my victory!

- Your trading result for May was $ 47,677. You managed to increase the initial deposit of $ 5,000 almost by 10 times! Please tell us the nature of your trading system?

- I trade “manually”. Elliot Wave strategy helps me a lot in making trading decisions. Most often I hold the position open for 2-3 days before I close.

- You had a fairly wide trading portfolio during the contest: more than 10 currency pairs, as well as gold. What is the reason for choosing such trading instruments?

- I prefer not to be focused on one instrument, I always choose the instruments with the best fopportunities. On the contest account, I traded in currency pairs and precious metals. I am less aware of cryptocurrencies, that’s why I didn’t use them in trading.

- NPBFX has already credited $ 1,000 to your real trading account. Are you planning to trade using the same strategy as you did on the contest demo account or change it?

- Yeah, I’m going to use the same strategy.

- In May, nearly 2000 traders took part in the contest. Did you watch rivals through monitoring? Did you compare your results with the achievements of other traders?

- Yes, I always checked the latest results and tried to improve my own.

- What are your personal traits (character features) that helped you achieve success in the contest?

- Constant striving for the best, the ability to fight to the bitter end and never give up.

- Joe, what do you think about the NPBFX “Battle of Traders” contest conditions in general?

- An excellent contest for any trader, practice, and the opportunity to feel the drive throughout the contest.

- Joe, please share, how long have you been trading Forex? Why did you decide to start trading? Was it easy to learn how to trade?

- I’ve been trading at Forex a little over a year. I decided to try on the advice of a friend who had already been a successful trader by that time. It was not easy to learn: there are many aspects to consider, such as emotions, psychology and trading itself.

- Do you feel like Forex is currently a hobby for you or do you take trading as a source of steady income?

- For me, Forex is a source of steady income.

- It would be interesting to learn more about you. Please tell, what country and city you are from? How old are you, what is your profession, are you a family man, what are your hobbies besides trading?

- I am 21 years old, I am from the city of Ranau, Sabah, Malaysia. I’m currently working in a small private company. I spend my spare time with family and playing online games.

- Do your relatives know about your Forex trading? Have you already told your relatives about your victory in the contest?

- Some of the family members do not really support me, because they consider Forex a risky business. But those of them who more deeply understand what it is, support me.

- In your opinion, how many people in Malaysia are aware of trading in financial markets, at Forex? Do you have friends engaged in trading?

- I believe there are few people in Malaysia aware of the online trading earning potential due to a lack of basic information and understanding of financial markets.

- Joe, would you recommend to your friends to participate in the “Battle of Traders” contest? Why?

- I would! This is an excellent training platform for beginner traders.

- What would you wish NPBFX and the participants of the following “Battle of Traders” contests?

- I would like to thank NPBFX for the great contest and wish all future participants to never give up and win!

- Joe, thank you for participating in the contest and for the interview! We wish you new victories and achievements in the financial markets with the NPBFX broker!
 
USD/JPY: USD is strengthening 08.07.2019

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on USD/JPY for a better understanding of the current market situation and more efficient trading.

Current trend

USD rose against JPY on Friday, updating local highs of June 18. Confident support for the dollar was provided by data on the US labor market for June, which reflected a sharp increase in nonfarm payrolls by 224K (with a forecast of 160K). The report also indicated an increase in unemployment and a slowdown in the average hourly wage MoM in June. Published on Friday, macroeconomic statistics from Japan was ambiguous. The index of coincident indicators in May rose from 102.1 to 103.2 points, while the index of leading indicators decreased from 95.9 to 95.2 points.

Today, the pair is trading in both directions. The yen is pressured by mixed macroeconomic statistics from Japan. Bank lending slowed in June from 2.6% to 2.3% YoY, while the forecast was 2.8%. The demand for machine-building products in May fell by 7.8% MoM after a growth of 5.2% last month.

Support and resistance

Bollinger Bands in the D1 chart demonstrate flat dynamics. The price range is expanding from above, however, failing to catch the development of "bullish" dynamics. MACD indicator is growing preserving a moderate buy signal (the histogram is above the signal line). Stochastic retains a stable upward direction but is rapidly approaching its maxima, indicating overbought instrument in the ultra-short term.

The current showings of the indicator do not contradict the further development of the uptrend in the nearest time.

Resistance levels: 108.52, 108.79, 109.00, 109.30.

Support levels: 108.14, 107.80, 107.52, 107.03.





Trading tips

To open long positions, one can rely on the breakout of 108.52–108.70. Take-profit – 109.30. Stop loss – 108.30–108.20.

The return of "bearish" dynamics with the breakdown of 108.14 may become a signal for sales with the target at 107.52 or 107.30–107.20. Stop loss – 108.40–108.50.

Implementation period: 2-3 days.

Use more opportunities of the NPBFX analytical portal: weekly FOREX forecast

You can learn more about the current situation on USD/JPY and get acquainted with the weekly analytical forecast in the "Video reviews" section on the NPBFX portal. Weekly video reviews contain trends, key levels, trading recommendations for such popular instruments as EUR/USD, GBP/USD, USD/JPY, AUD/USD. In order to get free and unlimited access to video forecast and other useful instruments on the portal, you need to register on the NPBFX website.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on USD/JPY and trade efficiently with NPBFX.
 
USD/CAD: upward correction 10.07.2019

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on USD/CAD for a better understanding of the current market situation and more efficient trading.

Current trend

Yesterday, the USD/CAD pair strengthened, renewing the highs since the beginning of the month. Consumer activity on USD is supported by expectations that the Fed will take a wait and refuse to raise rates during the July meeting amid the publication of a strong report on the US labor market. Yesterday’s Canadian macroeconomic statistics also contributed to the positive dynamics. The volume of May’s Building Permits fell sharply by 13.0% MoM after rising by 16.0% MoM last month.

Today, during the Asian session, the instrument trades ambiguously, awaiting the appearance of new drivers in the market. Investors are focused on the presentation of Fed Chairman Jerome Powell in Congress, as well as the publication of the Bank of Canada decision on interest rates with an accompanying press conference. It is predicted that the Canadian regulator will leave the parameters of monetary policy unchanged.

Support and resistance

On the daily chart, Bollinger bands smoothly reverse horizontally. The price range narrows, reflecting the emergence of ambiguous dynamics in the short term. The MACD grows, keeping a strong buy signal (the histogram is above the signal line). Stochastic is directed upwards but is rapidly approaching its highs, which indicates that USD may become overbought in the super-short term.

It is better to keep current long positions and open new ones in the short and/or ultra-short term until the renewals of the indicators’ signals.

Resistance levels: 1.3149, 1.3200, 1.3228, 1.3283.

Support levels: 1.3100, 1.3036, 1.3000.





Trading tips

Long positions can be opened after the breakout of 1.3149 with the targets at 1.3250–1.3283. Stop loss is 1.3100.

Short positions can be opened after a rebound from 1.3149 and the breakdown of 1.3100 with the target at 1.3000. Stop loss is 1.3149. Implementation period: 2–3 days.

Use more opportunities of the NPBFX analytical portal: economic calendar

Be ready for any market changes through global events using the economic calendar on the NPBFX portal. The calendar contains all the most important events of the world economy and prognoses for them. In order to get free and unlimited access to the economic calendar and other useful instruments on the portal, you need to pass a one-time registration on the NPBFX website.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on USD/CAD and trade efficiently with NPBFX.
 
NZD/USD: the pair strengthens 12.07.2019

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on NZD/USD for a better understanding of the current market situation and more efficient trading.

Current trend

Yesterday, the pair NZD/USD grew slightly. The ambiguous dynamic was due to strong US consumer inflation data. In June, Core CPI rose by 0.3% MoM and 2.1% YoY, which was better than market expectations (+ 0.2% MoM and + 2.0% YoY). Strong statistics on inflation serves as a weighty argument in favor of keeping the current Fed’s interest rates but the market still expects a rate cut at a meeting of July 30–31.

Today, during the Asian session, the instrument grows, ready to renew the local highs formed yesterday. Published on Friday, the macroeconomic statistics from New Zealand was ambiguous but could not have a significant impact on the dynamics of the instrument. Thus, Manufacturing PMI of New Zealand in June rose from 50.2 to 51.3 points, which turned out to be significantly weaker than the forecast for growth to 53.1 points.

Support and resistance

On the daily chart, Bollinger bands grow moderately. The price range narrows, reflecting the ambiguous trading nature in the short term. The MACD grows, forming a new buy signal (the histogram is above the signal line). Stochastic is directed upwards but is rapidly approaching its highs, which indicates that NZD may become overbought in the super short term.

It is better to keep current long positions until the situation becomes clearer.

Resistance levels: 0.6687, 0.6707, 0.6725, 0.6750.

Support levels: 0.6655, 0.6640, 0.6610, 0.6580.





Trading tips

Long positions can be opened after the breakout of 0.6687 or 0.6700 with the target at 0.6750. Stop loss is 0.6680–0.6665.

Short positions can be opened after a rebound from 0.6687 and a breakdown of 0.6665 with the targets at 0.6610–0.6600 with stop loss no further than 0.6700.

Implementation period: 2-3 days.

Use more opportunities of the NPBFX analytical portal: E-book

If you just recently started to be interested in trading on FOREX and would like to deepen your knowledge, an electronic Beginner's Guide to FOREX Trading will be an excellent helper for you here. The book consists of 5 chapters and reflects fundamental concepts of the foreign exchange market to start successful trading. From the main chapters of the E-book you can learn about the concepts and history of FOREX, currencies and trend lines, technical indicators, types of orders, trading on news, psychology of trading, risk management and much more.

You can read a Beginner's guide to FOREX Trading online or download it free of charge from the NPBFX analytical portal in the "Education" section. In order to get unlimited access to the E-book and other useful instruments on the portal, you need to register on the NPBFX website.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on NZD/USD and trade efficiently with NPBFX.
 
Brent Crude Oil: oil prices are consolidating 15.07.2019

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on Brent Crude Oil for a better understanding of the current market situation and more efficient trading.

Current trend

Oil prices are consolidating near local highs, updated at the end of the week. Quotes are supported by a reduction in the production of some US manufacturers in the Gulf of Mexico due to a tropical storm. On the other hand, investors were disappointed with the published report of the International Energy Agency. According to it, further growth in production in the USA will contribute to the growing imbalance of supply and demand in the market. The IEA expects a decline in oil demand by 2020 to a record level since 2003. Additional support for quotes was provided by Baker Hughes report on active oil platforms in the USA published on Friday. During the week, the number of drilling rigs decreased from 788 to 784 units.

Support and resistance

On the D1 chart, Bollinger Bands show a slight increase and a tendency to reverse horizontally. MACD indicator is growing preserving a weak buy signal (histogram is above the signal line). Stochastic, approaching its maxima, is trying to reverse down, indicating the risks of an overbought instrument in the ultra-short term.

One should wait for the clarification and formation of new trade signals.

Resistance levels: 67.38, 68.04, 68.63.

Support levels: 66.68, 65.98, 65.24, 64.73.





Trading tips

Long positions may be opened if the price moves away from 66.68, as from support, followed by the breakout of 67.38. Take profit – 68.63 or 69.00. Stop loss – 66.68. Implementation period: 1-2 days.

A confident breakdown of 66.68 may serve as a signal to further sales with the target at 65.24 or 64.73. Stop loss – 67.38. Implementation period: 2-3 days.

Use more opportunities of the NPBFX analytical portal: trading signals for commodities.

How can a trader determine if it’s worth buying or selling Brent Crude Oil now or better waiting for a more favorable period? Use trading signals for commodities from the top 10 technical indicators on the NPBFX portal and make the right decisions! All registered users have free and unlimited access to the minutely updated trading signals (MA10, BBands, Ichimoku, Stochastic, ZigZag, etc.) for Gold, Silver, Brent and WTI Crude oil.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on Brent Crude Oil and trade efficiently with NPBFX.
 
EUR/USD: EUR is declining 17.07.2019

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on EUR/USD for a better understanding of the current market situation and more efficient trading.

Current trend

EUR showed a steady decline against USD yesterday, retreating to new weekly lows. The reason for the emergence of negative dynamics was the macroeconomic statistics from Germany and the USA. The ZEW business sentiment index in July decreased from −21.1 to −24.5 points, which turned out to be worse than expectations of −22.3 points. The index of the current economic conditions for the same period decreased from 7.8 to -1.1 points, with a forecast of 5.0 points. The Eurozone sentiment index in July fell from −20.2 to −20.3 points but turned out to be better than the forecast of −20.9 points. Investors were optimistic about US retail sales statistics. In June, the sales of the control group increased from 0.6% to 0.7% MoM, while analysts expected sales to slow to 0.3% MoM. Strong data can help to maintain interest rates at the Fed meeting at the end of July.

Support and resistance

Bollinger Bands in D1 chart demonstrate a stable decrease. The price range is aggressively narrowing, reflecting the mixed dynamics of trading in the short term. MACD is going down preserving a weak sell signal (being located under the signal line). Stochastic shows similar dynamics, approaching its minima.

The current showings of the indicators do not contradict the further development of the downtrend in the short and/or ultra-short term.

Resistance levels: 1.1244, 1.1284, 1.1316, 1.1343.

Support levels: 1.1200, 1.1180, 1.1159, 1.1133.





Trading tips

Long positions may be opened if the price moves away from 1.1200, as from support, followed by the breakout of 1.1244. Take profit – 1.1343 or 1.1370. Stop loss – 1.1200. Implementation period: 2-3 days.

A confident breakdown of 1.1200 may serve as a signal to further sales with the target at 1.1133–1.1120. Stop loss – 1.1230. Implementation period: 1-2 days.

Use more opportunities of the NPBFX analytical portal: analytics

You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on EUR/USD and trade efficiently with NPBFX.
 
AUD/USD: AUD is strengthening 19.07.2019

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on AUD/USD for a better understanding of the current market situation and more efficient trading.

Current trend

The Australian dollar rose substantially against the US one on Thursday, updating local highs of April 24. It is curious that AUD has managed to show quite active growth, despite the ambiguous report on the Australian labor market for June. It reflected employment growth for mere 0.5K jobs, while in May the growth was 45.3K. Analysts were expecting growth of 10.0K jobs.

Macroeconomic statistics from the USA published on Thursday was moderately optimistic. The secondary jobless for the week on July 5 decreased from 1.728 to 1.686 million, with an expected decrease only to 1.700 million. Initial jobless claims expectedly increased from 208K to 216K. Most of the support for USD currency was provided by the Philadelphia Fed Manufacturing PMI, which rose from 0.3 to 21.8 points in July against the forecast of growth to 5 points.

Support and resistance

Bollinger Bands in the D1 chart show moderate growth. The price range is actively expanding, reflecting a surge in "bullish" sentiment on Thursday. MACD indicator is growing preserving a stable buy signal (the histogram is above the signal line). Stochastic, having reached its maxima, is trying to reverse downwards, indicating the overbought instrument in the ultra-short term.

One should keep existing long positions in the short and/or ultra-short term until the sell signals appear.

Resistance levels: 0.7081, 0.7100, 0.7118.

Support levels: 0.7046, 0.7021, 0.7000, 0.6984.





Trading tips

To open long positions, one can rely on the breakout of 0.7081. Take profit – 0.7118–0.7130 или 0.7150. Stop loss – 0.7060–0.7050. Implementation period: 1-2 days.

A rebound from 0.7081, as from resistance, followed by a breakdown of 0.7046, may become a signal for corrective sales with the target at 0.6984 or 0.6955. Stop loss – 0.7081. Implementation period: 2-3 days.

Use more opportunities of the NPBFX analytical portal: glossary

Beginning traders certainly face a lot of specialized concepts and lexicon on FOREX, which are often not fully been understood. Swap, tick, hedge, margin calls are often unfamiliar to beginning traders. But the lack of knowledge of these fundamentals make a competent market vision impossible. So glossary on the NPBFX analytical portal could be an excellent helper in this case, which contains all the main definitions with explanations in a compact and accessible form. All concepts are arranged in alphabetical order, so that you can easily and quickly find and explore a new concept for yourself.

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on AUD/USD and trade efficiently with NPBFX.
 
NZD/USD: New Zealand dollar consolidates 22.07.2019

Good afternoon, dear forum visitors!

NPBFX offers the latest release of analytics on NZD/USD for a better understanding of the current market situation and more efficient trading.

Current trend

On Friday, the NZD/USD pair fell, retreating from the renewed local highs. The dynamic was of a technical nature since the macroeconomic background remained the same. NZD was moderately supported by credit card spending data. In June, the figure rose by 6.6% YoY, which was only 0.1% weaker than last month. Investors expected a growth rate of only 5.4% YoY. USD, in turn, was under pressure after a speech by representatives of the US Federal Reserve, who noted the positive effect of the rapid interest rate cut. In late July, a large two-day Fed meeting will take place, at which, as investors expect, the interest rate will be lowered.

Support and resistance

Bollinger bands are growing steadily on the daily chart. The price range is actively expanding, letting the “bulls” renew local highs. The MACD indicator is growing, keeping a moderate buy signal (the histogram is above the signal line). Stochastic, approaching its highs, reversed into a horizontal plane, indicating that NZD may become overbought in the super short term.

The developing a corrective decline is possible in the short and/or ultra-short term.

Resistance levels: 0.6789, 0.6807, 0.6836, 0.6872.

Support levels: 0.6750, 0.6725, 0.6685, 0.6655.





Trading tips

Long positions can be opened after the breakout of the level 0.6789 with the targets at 0.6850–0.6872. Stop loss is 0.6760. Implementation period: 1–2 days.

Short positions can be opened after the breakdown of the level 0.6750 with the target at 0.6655 or 0.6640. Stop loss is 0.6789. Implementation period: 2–3 days.

Use more opportunities of the NPBFX analytical portal: economic indicators

Regular monitoring of global economic indicators plays an important role in trading, because of their strong influence on FOREX market and possibility to provoke significant price fluctuations. For the convenience of traders the "Education" section on the NPBFX portal contains the most popular and significant world economic indices with a detailed description, their possible impact on the economy and exchange rates (GDP, consumer price index, unemployment rate, Nonfarm Payrolls (NFP), etc.).

If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist.

Use the current recommendations of analysts on NZD/USD and trade efficiently with NPBFX.