Trading from Charts

Key Features

FXCM Marketscope CHARTS

Designed for technical traders who manually place trades

Marketscope is a professional grade charting package built into Trading Station II that includes the ability to place and manage trades directly from the charts. Marketscope includes features that make it a great choice for both new and experienced traders.

Play Next Video: Trade from Charts Find out how Marketscope's trading from charts functionality can simplify the trading process.

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Key Features

Key Features Screenshots

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Trade from Charts

• Create Orders: Right-click on the charts to create orders (market or entry)
• Monitor Trades/Orders: Trades and orders appear as dotted lines on charts
• Manage Orders: Drag and drop orders (entry, stop and limit) to new locations
• Close Trades/Cancel Orders: Close live trades and cancel orders from the charts

Indicators and Chart Elements

• Pre-Loaded Indicators: Over thirty popular indicators like MACD, RSI and MA
• Custom Indicators: Over six hundred custom indicators downloadable online
• Chart Tools: Draw trend lines, Fibonacci lines, Gann Fans and Andrew's Pitchfork
• Volume Data: View tick volume as an indicator on the charts

Price and Indicator Alerts

• Price Alerts: Specify a price level; receive an alert if that price is reached
• Indicator Alerts: Receive alerts when signals based on popular technical analysis techniques are generated (e.g., MACD or MA crossovers)
• Alerts Types: Options include e-mail, pop up message, and audible sound

Customization

• Skins: Choose from four unique color schemes
• Dockable Windows: Drag charts to new locations; charts snap into place
• Tabs: Maximize your workspace; create charts as new tabs
• Templates: Apply settings, indicators and price overlays to any chart

XAU/USD (Gold) Analysis

XAU/USD (Gold) Analysis - May 31, 2011: Testing Level 1546.60, Correction Alert

Tuesday, 31 May 2011 02:35

Yesterday: Open 1536.40 High 1539.00 Low 1533.80 Close 1538.40 All day yesterday, the movement of gold in a flat condition given in the American market is on vacation. Currently, Gold looks bullish movement. There is no focus on economic data today for XAU / USD. Read more... Add new comment

 

Beware of Weak Growth In Global Manufacturing Sector

Monday, 30 May 2011 05:43

Manufacturing slowdown has increased the burden on the risks faced by the world economic growth. High input prices, supply chain disruption from the tsunami disaster in Japan and a decline in demand from China have combined to impede the momentum of manufacturing growth in Europe, the United States and Asia in recent months after running stable with strong growth. Just how sharp slowdown will become clearer this week with the release of data from factory activity in the major economies around the world. Read more... Add new comment

 

Market Highlights May 30, 2011: Weak U.S. Economic Data Back Trigger collapsed Dollar

Monday, 30 May 2011 05:41

A series of weak U.S. economic data took the dollar continues to weaken against other major currencies in the trading session Friday (27 / 5). Pending Home Sales data show a decrease 11.6 percent in April, far lower than economists predicted earlier. Similarly Personal Spending data, missed expectations. Nearing the end of the program schedule quantitative easing volume II of the Federal Reserve, U.S. economic data would indicate slower growth. Earlier, on Thursday (26 / 5), Preliminary GDP data showed the U.S. economy grew only 1.8 percent in the quarter I. Lack of these data fueled speculation that the U.S. economy may still need a stimulus to recover. Read more... Add new comment

Download FX Trading Station II

Software Download

An FXCM Demo or Live Account is required to use FX Trading Station II.
Before downloading the software, register for a Free Demo or a Live Account to obtain login details.

Download FX Trading Station II for Windows Self-extracting EXE file (7.8 MB)

1. Click "Run" or "Open". (Do not click "Save".) If you have previously downloaded a version of the trading station onto your computer, please UNINSTALL IT FULLY before downloading the platform again.
2. Follow the installation instructions on the screen.
3. Once the program is fully installed, an "FX Trading Station II" icon will appear on your desktop, as well as the item "FXCM Trading" in your Programs menu. Click on "FX Trading Station" in the menu or on the desktop, and enter your user ID and password. Under "Connection", use the drop down arrow to select "Demo".

Australia'S GDP Is Likely To Decrease Flood Related

Australia'S GDP Is Likely To Decrease Flood Related

Tuesday, 31 May 2011 10:24

Economy of Australia may decline in the last quarter of the worst in two decades related tergenangnya mine coal and agricultural land caused a flood, a contraction which is judged by the central bank as a while before growth rebound in the second half of this year. First quarter gross domestic product was down 1.1 percent from three months earlier, the biggest decline since the last recession in 1991, Australia according to the estimates of the median of 22 economists in a survey of Bloomberg News. "The weakness of the data this morning might be enough to make the delay the Central Bank of Australia (RBA) raised interest rates a month longer than I thought," said Stephen Roberts, a senior economist at Nomura Australia Ltd. in Sydney who had predicted a rise when the RBA meeting on 7 June. "They've got a little more time, before the second quarter inflation report due on July 27," he said. RBA Governor Glenn Stevens has pledged to look at data before distorted by natural disasters and says prices will rise "at some points" adding to the risk on inflation. The local currency has increased 27 percent in the last 12 months where the companies including BHP Billiton Ltd. (BHP) increase field hire to meet the demand of China and India for iron ore and coal, making unemployment below 5 percent. Compared with previous years, the economy of Australia may improve the 0.8 percent in the first quarter, after getting an increase of 2.7 percent from a year earlier in the previous period, a survey of economists showed. Net Exports Australia's current account deficit widened more than estimates of economists in the three months to March-related natural disasters which complicate the delivery of resources, a Government report showed today. Net exports minus 2.4 per cent of GDP growth in the first quarter, more than double the estimates of economists, the Bureau of Statistics said. Local currencies little changed after the report, is trading at $ 1,0713 in the hours of 2: 32 am Sydney time of $ 1,0741 before release. Appreciation Of AUD Representing ' Consumer Spending "Some sectors of the economy is expected to be very strong, while the condition will be quite difficult in other sectors due to the appreciation of the exchange rate and undermine consumer spending," said the central bank in the quarterly review in Sydney on May 6. The local dollar beyond $ 1.10 on 2 may, the highest level since 1983. Rise of the eye uangmenyulitkan exporters including Henderson, shipyard Austal Ltd (ASB) based in Western Australia. Hold Interest Rates The interest rate of 4.75 percent reference RBA is the highest in the vicinity of developed countries, raise debt payments for homeowners. Myer Holdings Ltd (MYR) and David Jones Ltd (DJS), who manages the largest department stores, reported a decrease in sales Australia quarterly on 11 May. In view of the quarter which was released May 6, the estimated growth of RBA will be 4.25 percent this year, changed from an estimate in February. Consumer prices will rise 3.25 percent during this period, from the previous prediction of 3 percent, and the core inflation will go up to 3 percent of 2.75 percent, they said.

The rate of Inflation of consumer prices in the Euro zone Slowed in May

Tuesday, 31 May 2011 10:32

The rate of inflation of consumer prices (CPI) annual Euro zone slowed in May. In the initial estimate, Eurostat today (31/5) announced the CPI dropped to 2.7 per cent from the previous 2.8 percent in April. Economists predict inflation may remain 2.8 percent. Thus, the recorded has been 6 months in a row, the rate of inflation is above target for the European Central Bank (ECB). As is known, the ECB target inflation was slightly below 2 percent. The beginning of April, the ECB for the first time in 3 years, raising the interest rate by 25 basis points to 1.25 percent as an effort to offset rising inflationary pressures. The ECB is believed to be at least once again raise interest rates this year. Other Data also released Eurostat showed the unemployment rate stable in the Euro zone to 9.9 percent in April. While for the EU as a whole, the unemployment rate down from 9.5 percent to 9.4 percent.

DailyFX + Trading Course

DailyFX + Trading Course

Rich Video-Based Education + Live Instruction

• Learn to Read Charts and Time the Market
• Learn to Identify Trends
• Identify Important Political/Economic Events

Free Forex Trading Education

For All FXCM Clients

How it works:

• 60 Video Lessons for you to choose from
• Over 15 Hours of Live Instructor Help Webinars each week
• Community Forums to get feedback, ask questions, and share what you're learning
• Optional Homework Assignments to test your knowledge and understanding

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What you learn:

• Technical Indicators Including: MACD, RSI, and Bollinger Bands
• Trading Strategies Including: Carry Trade, Elliott Wave, and Candlestick Patterns
• Sound Money Management Techniques

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Forex Market vs. Stock Market

Advantages of Forex Trading over Stocks

Open an account

Forex Trading vs. Stock Trading Advantages
Advantage	Forex Market	Stock Market
Trade Around the Clock	Yes	Limited
Pay No Commissions*	Yes	Limited
Market Information Easily Available	Yes	Yes

Trade Around the Clock

The forex market is a near-seamless 24-hour market. Subject to available liquidity, FXCM offers forex trading from Sunday, starting after 5:15 p.m. ET, until Friday, 4 p.m., ET (FXCM Client Service is available 24/7). With the ability to trade around the clock, currency traders have the advantage of customizing their own trading schedule; they can usually get in or out of the market at any time without waiting for an opening bell or encountering a market gap. While trading stocks after usual market hours is possible, very often that possibility is negated by a lack of order flow or a drastic widening of the bid-ask spread.

Pay No Commissions*

In the forex market costs are confined to the bid-ask spread. FXCM charges no commission or additional transaction fees, and its customers trade on spreads provided to FXCM by multiple banks and liquidity providers via the FX Trading Station. In the stock market, "no-fee" programs are frequently offered only with provisos mandating minimum account balances or minimum trades per month.

* FXCM is compensated through the bid/ask spread except where otherwise noted. Please note commission charges apply for certain classes of non-standard accounts such as Active Trader. For additional information, click here.

Forex Market Information Easily Accessible

Information about stocks is abundant, but so are the stocks. Finding a trade opportunity in the equities markets may mean sifting through data on thousands of stocks, while the forex trader has only six major currencies to research. Additionally, the vital information that moves equity markets, such as revenues and profits, is proprietary and private, and sometimes subject to fraud, deception and insider trading. In contrast, virtually all of the news that bears on the forex market is in publicly disseminated reports from governments or research institutions, and released to everybody at the same time.
We feel that the knowledge you've gained in analyzing stocks can easily be transferred to the forex market. Many of the economic indicators familiar to equity traders, such as payroll data and interest rates, affect the currency markets. And many technical traders have found the forex market to be particularly attractive, since currencies respond well to many of the common technical indicators, such as MACD, RSI, and Candlestick charting.
To learn more about transitioning from trading equity markets to forex trading, contact the FXCM staff today at 888-503-6739.

Forex Trading is a High Risk Investment

Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. 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. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Information to help you generate ideas and execute your strategy.

FOREX.com Research
Our award-winning research team and experienced trading desk provide expert insight and actionable ideas whenever the market warrants to help keep you on top of breaking news, the latest technical movements, and key events that may affect currency rates. You'll be up-to-date on important economic events, price movements, trends, and general market developments.
Read FOREX.com's Research.

Premium Research
Access a full breadth of institutional -grade research to help you monitor the Forex market – their reports combine a chartist’s approach with traditional and proprietary indicators and pattern recognition to evaluate directional moves, identify price targets, and scan the markets for potential trade ideas.
Learn more about Premium Research.

Government-proposed Rs 3. 8 trillion..

Last Updated on Monday, 30 May 2011 12:05 Written by Administrator Monday, 30 May 2011 10:10

The consolidated outlays of federal and provincial budgets have reportedly been revised downward to Rs 3. 751 trillion from Rs 3. 8 trillion originally proposed by the government of Pakistan and rejected by the International Monetary Fund (IMF).

The earlier figure, proposed by the government, envisaged a deficit of 4. 5 percent (Rs 912 million in total terms), which was rejected by the Fund, and the government was urged to contain the deficit at 4 percent for fiscal year 2011-12 (Rs 810. 64 billion). Sources said that the economic managers would have to struggle to plug the Rs 102. 66 billion additional gap in the fiscal deficit subsequent to the IMF refusal to accept the originally proposed 4. 5 percent deficit. This would necessitate a range of policy decisions including slashing the Rs 225 billion estimated on account of subsidies and raising revenue. However, an official told Business Recorder that the prospect of generating more than Rs 1952 billion revenue was unlikely, given the track record of Federal Board of Revenue (FBR). The IMF has been quoted as saying that Rs 807 billion borrowing from the State Bank of Pakistan and commercial banks to plug the deficit would not only result in crowding out private sector credit with a resultant negative impact on employment opportunities but would also make it extremely difficult for the government to bring down inflation to 12 percent. The Finance Ministry in its documents has also acknowledged that the large public sector deficit has a negative impact on investment and growth, especially when public sector capital investments shrink. This is because the financing of the deficit absorbs funds in the private and banking sectors which would otherwise be used for investment in the economy. The financing of the deficit also tends to require sustained high interest rates, which undermine the profitability of investment. The federal government s original outlay for the next fiscal year was estimated at Rs 2549 billion, which is now being revised to Rs 2447 billion, after refusal by the IMF to support 4. 5 percent fiscal deficit. The provincial budgets have been estimated at Rs 1305 billion with Rs 124 billion budget surplus to reduce 0. 6 percent consolidated budget deficit for the next fiscal year. Total revenue collection has been projected at 2. 737 billion for the next fiscal year, with Rs1952 collection by the Federal Board of Revenue (FBR) and 637 billion on account of non-tax revenue collection. Of total revenue collection, Rs1279 billion under National Finance Commission Award (NFC) and Rs 55 billion development grants would be transferred to the provinces in 2011-12. This would include Rs 1019 billion as net divisible pool, Rs 187 straight transfer, Rs 18 billion 1percent to Khyber Pakhtunkhawa for war on terror grant and Rs 55 billion grant to provinces. The net revenue of Rs 1543 billion has been estimated to be available to the federal government for the next fiscal year. Official documents show that defence expenditure is projected at Rs 495 billion from Rs 442 billion in 2010-11, reflecting an increase of 12 percent. Given the rate of inflation of 14. 1 percent in the current fiscal year, defence expenditure would be slightly lower than last year in real terms. In addition, Rs 216 billion has also been allocated in the budget for other security-related expenditures. The overall allocation for subsidies, after a slash of 20 percent, has been estimated at Rs 225 billion against the budgetary allocation of Rs 283 billion for the outgoing fiscal year. Of this, Rs 148 billion was allocated for power subsidy, Rs 52 billion for food, oil (zero) and fertiliser Rs 26 billion against Rs 5 billion earmarked in 2010-11. The federal government has estimated Rs 118 billion for pensions in the next fiscal year 2011-12, against Rs 107 billion for the current fiscal year, indicating an increase of 10 percent. An official said that a rise in pensions may well be accompanied by a rise in salaries of government employees, despite fiscal constraint. However, other government sources say that the government is unlikely to raise salaries, given that they were raised by 50 percent in 2010-11. Total indicative ceilings for the federal ministries are expected to be Rs 200 billion in 2011-12, against Rs 180 billion in 2010-11, indicating 11 percent increase in expenditure.

Ways to Trade

We offer a choice of trading platforms to fit your individual needs: performance, flexibility or convenience.

Website Trading

Fast, convenient access to your forex trading account. Access all the tools, research and resources you need from any computer with an internet connection - no download or installation required.

• Get real time quotes, news and research
• Use our interactive charting tools to identify trading opportunities
• Trade using a full range of single and advanced orders
• Check positions and balances, transfer money, access reporting, and more.

Learn about Website Trading.

Mobile Trading

For traders on the go, our mobile trading solutions deliver the FOREX.com trading experience straight to your mobile device for fast, easy access to your account.

• View real-time quotes, monitor and manage open positions
• Execute market orders or choose from six available order types
• Browse current news, research, and streaming commentary
• Trade on iPhone, Android, Blackberry, Palm or other mobile devices

Learn more about mobile trading

FOREXTrader PRO

Designed for active traders looking for an edge, this highly customizable trading platform delivers top performance. 

• Professional charting tools with 70+ technical indicators
• Manage positions and orders directly from the charts
• Streaming news and commentary; ticker of major market indices
• Advanced customization features

Learn more about FOREXTrader PRO.

Overview

Make the most of every trade. FOREX.com's tools and research are designed to help you quickly spot opportunities and expertly execute your trading strategy.

Trade Forex, Gold & Silver

Take advantage of trading opportunities in the most traded market on the planet, 24 hours a day, 5 days a week.

• Trade over 50 currency pairs, including gold and silver
• Competitive pricing and quality execution
• Pay no commissions, only the bid/offer spread

Learn more about Currencies and Spot Metals.

Expert Research & Education

Unique forex research, training and educational tools to help you be a successful forex trader, whatever your level of experience.

• Award winning research from our team of forex experts
• Real-time commentary, intraday, daily and weekly reports
• Video tutorials, webinars and live workshops

Learn more about our Research and Education.

Powerful Charting Tools

Charts are an essential tool in every currency trader's arsenal. Our real-time forex charting tools offer advanced technical analysis in an intuitive, easy to use interface.

• Analyze multiple time frames with dozens of popular indicators
• Trade and manage your open positions and orders directly from the charts
• Customize layouts and save them for future use

Learn more about our Charting Packages.

 

The Best Broker of Asia

InstaForex - the best broker of Asia

InstaForex trading conditions are universal tools for funds management at Forex market. The main activity line of the international Forex broker InstaForex is rendering first-grade investment services aimed at speculative profit making from operating in the worldwide financial markets. InstaForex Company clients use the leading-edge technologies in the online-trading and they have an access to news and informational resources submitted by the major information agencies.

Today, InstaForex services are of a great interest for more than 300 000 Forex traders all over the world, among them there are beginners as well as professionals of Forex currency trading. Opening an account you get an access to Forex trading operations, CFD for NYSE shares and also to futures deals of Forex and commodity markets.

InstaForex contest prize fund for 2011 is 500 000 US Dollars

InstaForex Company holds an unexampled draw of two sport-cars: Lotus Elise and Lotus Evora. for all its clients from November 1, 2009 to May 25, 2012. Get more information about other contests at the contest page.

Live Forex Spreads

FOREX.com’s live spreads provide maximum transparency into our pricing.

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The table below displays the current bid/offer spread for all products available for trading at FOREX.com. FOREX.com does not charge a commission; the bid/offer spread represents your full cost of trading. These spreads are available to all FOREX.com customers, regardless of account size or activity.

• Most Popular
• All Products

Most Popular Products
Product	Spread	Product	Spread	Product	Spread
AUD/USD	3.0	EUR/CHF	4.1	EUR/GBP	3.3
EUR/JPY	3.4	EUR/USD	2.3	GBP/JPY	4.6
GBP/USD	3.3	NZD/USD	3.0	USD/CAD	2.9
USD/CHF	2.9	USD/JPY	2.0	XAU/USD	55.0

Last Updated May 30, 2011 8:29:59 PM

When market liquidity is high, we pass this on to you in the form of our tightest spreads – our minimum spread. As liquidity changes, our spreads will adjust accordingly.

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Spreads displayed represent actual bid/offer spread quoted on FOREX.com’s FOREXTrader platforms.

*For the time period January 2010 to October 2010.

Currencies

Over 50 Currency Pairs, with competitive pricing.

Fractional pips for precision. Quality execution, service, and support.
Forex is the world’s most traded market, and FOREX.com is an award-winning firm committed to giving you powerful technology, valuable services, and dedicated support so that you can maximize your trading experience. As always, you pay no commissions at FOREX.com. Your only transaction cost is the dealing spread, the difference between the bid and the ask price.
View our currency pair pricing.
Why do so many trade currencies? First, there are opportunities in both rising and falling markets. Secondly, unlike many markets, currency trading can be pretty straight-forward and easy to understand. Here are some more reasons:

• Trade 24 hours a day, six days a week, from Sunday 5 PM ET to Friday 5 PM ET
• Speculate on rate fluctuations and future values of currencies. Fractional pips
  gives you more precision, and can save you money.
• Trade with leverage – up to 50 times the value of your account – of course,
  more leverage means more opportunity and more risk

Why you should trade with FOREX.com:
Powerful trading tools - You get robust charting packages, systems trading for auto-execution, and sophisticated risk management tools to help limit downside risk and lock in potential gains.
Forex training and education - Whether you’re new to forex or looking for new ideas, you have access to a variety of forex training & educational resources, and you also get proprietary research you won’t find anywhere else and 24-hour access to licensed representatives for help with any questions.
Tighter spreads save you money - Our fractional pricing delivers quotes in more precise 0.1 pip increments, our dealing spreads are as low as 1-2 pips on the most widely traded currency pairs, and there are no commissions when you trade with us, you only pay the bid/offer spread.
We want you to succeed - Our liquidity and trade execution help you make the most of every online trade, and our margin policy eliminates concerns about debit balances by guaranteeing your risk is only limited to funds on deposit

New to forex?

• New to forex?

Learning to trade the Forex market requires the right guidance and resources. We've worked hard to distill our collective trading experience into an approach suitable for all skill levels.

Watch a video tutorial

Whatever your starting point, our tutorials can help you build confidence and advance your forex trading skills.

Attend a webinar

Join us for an interactive demonstration on key concepts designed to help you become a better informed forex trader.

FOREXTrader PRO

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Designed for active traders looking for an edge, this highly customizable trading platform delivers our top performance.

Plot and execute your strategies

Take your technical analysis to the next level with FOREXTrader PRO’s charts. With over 70 technical indicators with fully customizable parameters, popular time intervals including tick chart and robust drawing tools, plan your strategies on professional grade charts. You can also execute trades and visually track their status directly off the charts.

Harness the power of our research

Scan up to the minute headlines integrated directly into the platform from Dow Jones Newswires and FOREXInsider commentary straight from our award winning research team. FOREXTrader PRO also gives you direct access to FOREX.com’s proprietary research and analysis and independent research from Trading Central.

Make FOREXTrader PRO your own

Control your trading platform environment with FOREXTrader PRO’s advanced customization features. Change layouts, colors and themes to match your personal style. You can also set default trade and order sizes, tolerance levels and execution types – putting you in full control of your trading.

Account management made easy

Monitor your open trades pip-by-pip with streaming account activity modules built directly into FOREXTrader PRO. Historical a