You sure that chart is eur/jpy, not Gold?
|Thread Tools||Search this Thread|
FXCM's System Selector / Dailyfx plus 0 replies
Anyone use FXCM Dailyfx + ? 3 replies
Here's a screenshot of the platforms new layout:
DislikedThe GBP/USD has been climbing higher on the back of last week's better than expected GDP announcement. Take a look at the daily chart below:
We're sitting at an important resistance level which was last tested back in April of this year.Ignored
Yen May Strengthen as Regulations Force Mrs. Watanabe to Curb Carry Trades
The yen may climb next month as tighter regulations force Japanese households controlling about $76 billion in daily exchange trading to unwind bets on higher- yielding currencies, analysts said.
The government will cap debt used to boost trading bets, or leverage, at 50 times committed cash from August 2010, down to 25 times in 2011, the Financial Services Agency decided last year. Individual traders have started to prepare for the change, according to Japan’s biggest online currency broker which saw accounts with 100 times or more leverage fall by half last month.
“If margin traders decide to discontinue highly leveraged transactions, it will put upward pressure on the yen as those positions are unwound,” said Yuji Kameoka, senior economist in Tokyo at Daiwa Institute of Research Ltd., a unit of Japan’s second-biggest brokerage. “The Australian dollar, a favorite among margin traders, may feel the pinch in particular.”.....
DislikedA few weeks back I mentioned the new Strategy Trader platform currently being developed for automated trading. I'm happy to announce that the platform was launched yesterday for public beta.
Here's a comparison between the Strategy Trader platform and FXCM's MT4 setup:
Let me know if you have any questions.
I know I'm sounding like a broken record, but here's my questions again:
Why does your comparison table suggest that MetaTrader doesn't have tick charts, when it does?
Why does your comparison table suggest that MetaTrader doesn't have ask prices, when it does?
Why does your comparison table suggest that MetaTrader can't do partial closes, when it can?
Is the "Genetic algorithm" tick box in the MT4 Strategy Tester totally non-functional?
Thanks for your questions. Apologies if I missed any of your questions. Checked your 5 posts on the forum and didn't see these questions being asked previously.Ignored
Disliked1. Granted you can view a basic tick chart in the Market Watch window. Performing any type of technical analysis on MT4's "tick chart" is virtually useless if trying analyze any type of indicator, EA's, or technical analysis in general.
Disliked2. MT4 doesn't give you the ability to view the charts based on ask prices. All of the charts and historical information on the charts is based on the bid price. Strategy Trader gives you the ability to view either the bid or the ask on the chart.
DislikedThis is also an important factor with backtesting because Strategy Trader takes into account the actual historical spread in the backtest; whereas, MT4 uses the same spread for every trade in the backtest. You get a much more accurate backtest on Strategy Trader because of this.
Disliked3. The comparison table is for FXCM's MT4 and Strategy Trader for traders to decide when choosing. FXCM's MT4 currently does not have the ability to partially close trades due to limitations with MT4 integration into our NDD execution. Strategy Trader does not have this limitation since there is no bridge but rather a direct connection into the server. My apologies if there was confusion, and I will give this feedback to the web team for further clarification on the website.
Disliked4. Thanks for letting me know about this.
DislikedI'll have the Strategy Trader team outline the differences so we can update the website.
DislikedWe will be releasing on the order of 5-10 million ticks per pair compared to the 500,000 available for the 1 minute candles. We're still working on getting the data together because the files are very large.Ignored
DislikedI will let you debate the usefulness of analyzing tick charts with the MT4 users who have requested it . I put that on par with trying to argue the benefits of hedging and FIFO. The arguments for and against seem to be endless.
Crude Oil Inventories Watch: Week Ending 07/30/2010
3. I will give this feedback to the web team for further clarification on the website.
4. I'll have the Strategy Trader team outline the differences so we can update the website.Ignored
|Thread Tools||Search this Thread|