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DailyFX.com Releases Top Forex Trading Ideas for 2011

New York, January 26, 2011— DailyFX, the free news and research Web site of leading forex broker FXCM Inc (NYSE:FXCM), has released two significant articles that give forex traders some ideas for trading in the new year. The first article Top Forex Trading Ideas for 2011 and the second article titled Top Trading Mistakes of 2010 go over trading picks for 2011 from our analysts, and the lessons learned from 2010.

Will the US Dollar Make a Comeback in 2011?

DailyFX Analyst John Kicklighter feels a US Dollar rally is likely in 2011. “The Euro-zone and the UK have been making efforts to stabilize their markets throughout 2010. However, the application of austerity measures to already weak members of the Euro-zone will likely push these economies deeper into recession, resulting in declines in both the Euro and British Pound, and boosting up the US dollar. Naturally, investors will seek liquidity; but they will also look for support. They will find it in the US dollar” said John Kicklighter, Senior Currency Strategist at DailyFX.com.

Do the Charts signal a US Dollar Rally?

DailyFX senior technical strategist, Jamie Saettele, agrees that the US Dollar will make a rally against certain pairs. He finds the best trading ideas the ones that aren’t yet attached to a story. Looking at the charts for USD against AUD, NZD and JPY, Jamie sees evidence that suggests 2011 will be a year of reversals. Jamie says that,”What performed best in 2010, will probably underperform in 2011.”

To read more on what went wrong in 2010, and what could work in 2011, read the articles, Top Trading Mistakes of 2010 and Top Forex Trading Ideas for 2011.

To read more fundamental and technical analysis on the currency market, and to stay up-to-date with the breaking economic news and reports from around the world by viewing the economic calendar, go to DailyFX.com.


About DailyFX

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 nine 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 the 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 world-wide.

At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM’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 U.K. subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade oil, gold, silver, and stock indices, along with forex 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.

Media Relations
Kiana Danial
Financial Public Relations Associate, DailyFX
646-432-2449
[email protected]

Or

Jaclyn Sales
Vice-President, Corporate Communications
[email protected]
 
FXCM Launches FXCM Forex Execution Center: FXCM Explains Their No Dealing Desk Forex

New York, February 1, 2011— FXCM Inc., (NYSE: FXCM) launches the FXCM Forex Execution Center. With numerous requests for transparency in the forex market, the FXCM Execution Center will be a central hub on the FXCM websites that will provide forex traders with detailed information regarding forex execution practices. FXCM will continue to update this area over the coming months with insightful information and analysis.
The first step is to explain the different forex execution models. Unlike most other forex brokers, who act as market-makers, FXCM operates on an agency execution model.

FXCM takes the best bid and ask prices streamed to them from multiple large financial institutions, adds a markup (commission) on top of those prices, and shows them to clients. FXCM makes an identical amount of money in the form of pip markups (which are really commissions) regardless of whether the customer makes or loses money on a trade. As a result, FXCM earns consistent and transparent revenue per trade.

This is significantly different from brokers who operate a dealing desk execution model, where the revenue per trade is not as transparent. There are common practices, many times unknown to customers, which allow dealing desk firms to make more than just the mark-up attached to the prices streamed from large financial institutions. These practices include, but are not limited to, re-quoting customer trades, taking the opposing side of customers trades, and even preventing customers from trading or managing their positions during news events.
Many experienced forex traders may find the concept difficult to grasp. And it is especially hard for those new to the forex industry.

No Dealing Desk (FXCM): Learn How FXCM Executes Your Forex Trades

Watch Now: http://www.fxcm.com/fxcm-forex-execution.jsp

Dealing Desks (most of the other guys) learn about the potential conflict of interest between dealing desks and traders

Watch Now: http://www.fxcm.com/fxcm-forex-execution.jsp

To learn more about FXCM’s forex trading execution model, visit the FXCM Execution Center here: Forex Execution Center

About Us
FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers world-wide.
At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM’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 oil, gold, silver, and stock indices along with forex on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com.
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. Any opinions, analyses, or other information contained is provided as general market commentary and does not constitute investment advice. Read full risk disclaimer.
Contacts


FXCM Inc.
Media:
Jaclyn Sales, Vice President of Corporate Communications
646-432-2463
[email protected]
Investor Relations
FXCM Inc.
(646) 432-2986
[email protected]
www.FXCM.com
 
FXCM Inc. Announced the Winners of the King of the Micro Forex Trading Contest for Ja

By Kiana Danial
Published: February 24, 2011

Thursday, February 24, 2011—FXCM Inc. (NYSE: FXCM) an online provider of forex trading and related services worldwide, announced the winners of its King of the Micro Contest for January. FXCM Inc. gives away cash awards every month to three Micro clients with the highest returns on their trades. All FXCM Micro clients with a minimum of $500 in their account at the beginning of the month are automatically entered in the contest. To remain eligible, they must execute a minimum of ten trades during the month.

January was an eventful month for the forex traders as China continued to tighten monetary policy in order to prevent the economy from overheating, while the EU was weighing alternative measures to address the sovereign debt crisis. At the same time, we saw the rally in the British pound gathering pace. Read below to learn how the traders reached the top of the leader board and what set apart the one crowned King of the Micro from the rest amid the reversal in the DXY (US Dollar Index).

January King of the Micro Gains a High Profit of 1181.58%*, Wins $25,000.

Madhusudhana Vasireddi from India achieved an impressive 1181.58% return. With two years experience in forex trading, Madhusudhana kept trades open from a few minutes to a maximum of five days mostly on the GBP/JPY, GBP/USD, and AUD/USD trades.



Trading Experience: 2 years
Preferred Trading Pairs: GBP/USD GBP/JPY AUD/USD
Average Trade Holds: Min of few minutes, max of 5 days
Average Daily Trading: 3 to 5 hours
Key for Success: Controlling his emotions

Read the January King’s full survey and trading report on Dailyfx.com/press

SECOND PRIZE: Hongwei Gu from China sees 707.96%* profit, wins $10,000.



Trading Experience: 4 years
Preferred Trading Pairs: AUD pairs
Average Trade Holds: Min of 1 to 2 days or longer
Average Daily Trading: 3 to 4 hours
Key for Success: Being rigorous, bold, and decisive


Read the second prize winner’s full survey and trading report.


THIRD PRIZE: Chung Kai Chan from Hong Kong sees 304.41%* profit, wins $5,000.




Trading Experience: 1 year
Preferred Trading Pairs: GBP/USD, AUD/JYP, GBP/JYP, GBP/CHF
Average Trade Holds: Min of 1 day to max of few weeks
Average Daily Trading: 1 hour
Key for Success: Read extensively and think carefully


Read the third prize winner’s full survey and trading report.

To learn more about the contest, and to deposit money into your FXCM Micro account, view the King of the Micro Monthly Trading Contest Rules.

About FXCM

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 FXCM’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.
Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Any opinions, analyses, or other information contained is provided as general market commentary, and does not constitute investment advice. Read full risk disclaimer.

* Past performance not indicative of future results.
 

Live Forex Chart

Currency
Rates
EUR / USD
1.15246
USD / JPY
160.305
GBP / USD
1.33430
USD / CHF
0.79622
USD / CAD
1.39325
EUR / JPY
184.744
AUD / USD
0.70520
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