FXCM and DailyFX Offer New and Innovative Forex Trading Signals in Multiple Languages
New York, April 16, 2009—FXCM (www.fxcm.com), in cooperation with DailyFX.com (www.dailyfx.com), announced the multi-lingual release of their forex Trading Signals in English, Spanish, Arabic, French, Russian, Chinese, and Japanese.
Exclusively available to FXCM's live clients through the DailyFX+ Web site, forex Trading Signals offer highly interactive trading alerts that update automatically in real time, 24 hours a day, on a dynamic basis. The Trading Signals track six technical strategies across fourteen currency pairs, consisting of two focused on range-bound markets, two on breakout, and two on momentum strategies.
Customizable alerts update in real-time when the system triggers a change in any of the signals, allowing clients to update stops and limits, and to buy or sell. Each signal has a profit/loss indicator counted in pips to determine the profitability of a given signal. This is determined by comparing the current market price to the entry price, and assumes there is only one lot being traded.
The new signals are designed to be extremely user-friendly. Red and blue arrows indicate the market direction toward which the strategy expects price action to turn. Six boxes allow traders to display their favorite currency pairs (and they are saved on your browser, which is nice) to view the entire system in a single glance.
Watch our instructional video on the new DailyFX + Trading Signals: http://forex.acrobat.com/p76071208/
Leveraged foreign exchange trading carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
Please note that FXCM Micro, in its discretion, may or may not offset individual transactions unlike transactions in most FXCM Standard accounts. For additional information, click here.
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