Thursday, December 24, 2015

New version of FXCM's Trading Station on the way

News from FXCM...
"The Trading Station platform will go through a major update during January. The new version will be available for clients to download from on 12/21 and it will be automatically updated for everyone in January."

There's a bunch of changes in the new version. I've not managed to find a full official feature list yet, I assume FXCM will release later. This link is for the Beta version on the developer site, I assume it is similar (or identical) to the final version. One of the really nice features is that you can open multiple instances of MarketScope which is useful if you have a lot of charts to manage.

I've tested all of my indicators with the new version, and everything seems to be in order. However, if you spot anything then please let me know.

The only other things to say, is Merry Christmas for those and have a happy 2016!

Tuesday, December 15, 2015

Oil shows sign of recovery which buoys the markets

Currency Strength (15/12/2015) - day before long-awaited FOMC

FOMC meeting outcome will be reported tomorrow, in just over 24 hours. This should be the rate hike that everyone has been waiting for.

Here's how the currencies are doing today...

Thursday, December 10, 2015

Major markets (stock indices, oil, gold, etc.)

Here's the view so far this year. Oil has been the real trouble maker.

The Multi-Instrument Compare indicator can be used to create comparisons of up to 10 instruments over any time-frame, e.g. current day/week/month/year, or any arbitrary time period. The displayed values are % change. A matrix of correlation values can also be displayed.

For more information see here. Also available on FXCM Apps.

Monday, December 7, 2015

Crude oil again !

Crude oil having another bad day. Dragging own stock indices too.

More information on the "Multi-Instrument Compare" indicator can be found here.

Friday, December 4, 2015

Weekly Wrap - 4th December 2015

Oil slipping (again)

More information about the Multi-Instrument Compare indicator can be found here.

Currency Strength (4/12/2015) - just before this month's NFP

Yesterday was a big day with comments from ECB generally disappointing expectations. Biggest move in EUR/USD all year. Now it's the NFP's turn. Data out in about 10 minutes.

More information about Currency Strength can be found here.

Wednesday, December 2, 2015

Currency Strength (2/12/2015)

Quite a day for forex, with data from US, UK, Canada, and news about oil and the usual geo-political stuff.

GBP/USD trade - doh!

I had another version of my Initial Balance auto-trading strategy running this morning. I'd modified the algorithm for pull-backs, and there was a hit on GBP/USD this morning. I closed the trade manually for small profit because a) it was only meant to be a test, and b) I didn't expect it to go very far. 100 pips later - doh ! Oh, well. At least the trading strategy worked.

Oil having another bad day