Monday March 14, 2011 - 14:55:23 GMT
By Kiana Danial
New York, March 14, 2011â€”DailyFX.com, the free forex news, analysis, and research website of FXCM Inc. (NYSE: FXCM), launches its newest section called â€śForex Trading Strategiesâ€ť. With this new section, the DailyFX team will give in-depth descriptions for a variety of technical strategies. They will also provide optimal ways to implement and backtest them. This new section will be especially useful for traders who look to automate their strategies.
Over the years, FXCM has found that many traders struggle to come up with the best trading strategies for the fast-paced forex market. The DailyFX Trading Strategies section is updated with the latest trading strategies by the DailyFX research team. The strategies are easily importable to FXCMâ€™s Strategy Trader platform and can be used right away.
DailyFX Trading Strategies section includes:
â€˘ Top Trading Strategy
Highlighting the top trading strategy idea for a given week.
â€˘ Strategy Corner
Ready-to-use strategies provided by the DailyFX research and education teams. Our analysts will examine popular trading strategy performances and build upon them to create unique and actionable content, complete with coding examples readers can replicate in their own trading platforms.
â€˘ Strategy Trader Tips and Tools
Easy-to-understand updates on how to use FXCMâ€™s Strategy Trader platform, an all-in-one automated trading solution that allows traders to code, backtest, optimize, and trade from one platform. The updates include informative tips, instructions, and introductions to the tools available on Strategy Trader.
â€˘ Weekly Strategy Outlook
A weekly update on strategy performance, giving a deeper understanding of different trading systems and providing a summary of currency pair conditions. The updates include recent market movements and offer the best strategies to be used at a given trading week, while giving a general outlook on our proprietary systems on our DailyFX+ Trading Signals page.
â€˘ Performance Spotlight
These videos provide further guidance on our trading strategy ideas with recordings of real trading strategies and tips from DailyFX analysts. It features videos from DailyFX Technical Strategist Joel Kruger exploring the psychology of trading, taking a more in-depth look at certain things that traders could do to help them with their day-to-day strategy building, executing plans, improving success in trading, and achieving the goals that they desire.
DailyFX Forex Trading Strategies Page
DailyFX, the free news and research website of the leading forex and CFD broker, FXCM, delivers up-to-date analysis of the fundamental and technical influences driving the currency and commodity markets. With eight internationally-based analysts publishing over thirty articles and producing five video-news updates daily, DailyFX offers in-depth coverage of price action, predictions of likely market moves, and exhaustive interpretations of salient economic and political developments. DailyFX is also home to an extensive economic calendar with breaking economic news and reports from around the world, complete with advanced sorting capabilities, detailed descriptions of upcoming events on the economic docket, and projections of how economic report data will impact the markets. Combined with free charts and live rate updates featured on DailyFX, the DailyFX economic calendar is an invaluable resource for traders who rely heavily on the news for their trading strategies. Additionally, DailyFX serves as a portal to a vibrant online discussion forum in the forex trading community. Avoiding market noise and the irrelevant personal commentary that plague many forex blogs and forums, the DailyFX Forum has established a reputation as being a place where real traders go to talk seriously about trading.
About FXCM Inc.
FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers worldwide.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCMâ€™s large network of forex liquidity providers, enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution, and trading from real-time charts. FXCM's UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.
Any opinions, news, research, analysis, prices, or other information contained on DailyFX.com are provided as general market commentary, and do not constitute investments advice. DailyFX will not accept liability for any loss or damage, including, without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Financial Public Relations Associate