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Top 10 Favorites on DailyFX.com

Tue, Oct 27 2009, 11:01 GMT
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DailyFX.com (www.dailyfx.com) FXCM’s free news Web site, had a complete site overhaul and the new fresh, easier to navigate layout was launched last week. DailyFX is constantly expanding and improving its offerings, and has released a brand new version of the website. They’ve kept all the same great articles and resources that have made the site so popular, added some new ones, and made everything much easier to use.

Top 10 Favorites on DailyFX.com

1) Economic Calendar: An in-depth look on major event risk for major economies and currencies, which one can sort by Currency, Date, and Importance. Furthermore, the most important individual events all have detailed write-ups, complete with an indicator on typical market influence. After the event, the DailyFX team updates the numbers and often writes detailed insight on the report and comments on implications for affected currencies and broader trends. Traders can print this calendar out in PDF, XLS, and CSV format—making it convenient for many traders. http://www.dailyfx.com/calendar/

2) Analyst Picks | Daily, published throughout the trading day DailyFX.com will share their favorite trades. On Mondays, its "Pick of the Week" – Tuesday, they cover the EUR, Wednesday is the JPY, Thursday is GBP, and CHF, and Friday is AUD, CAD, and NZD pairs.
http://www.dailyfx.com/analyst_picks

3) Free Charts: Traders can access several different free charting packages and learn about more advanced options. The most popular are the Powercharts, Netdania, and FXTrek, while FXCM traders can also download our Marketscope platform to be used natively with the FX Trading Station. Each charting package offers its own unique advantages and features. http://www.dailyfx.com/charts/

4) DailyFX Forum: DailyFX analysts are actively involved in moderating threads and posting in the forum to ensure high quality and dynamic dialogue. The Forum offers open membership to anyone interested in forex markets, including clients of other forex brokers www.dailyfxforum.com

5) FXCM Speculative Sentiment Index | Weekly, published on Thursday
Given that FXCM is one of the largest non-bank forex dealers we believe that our SSI boasts access to one of the biggest and likely one of most representative samples of the broader small-investor Forex market. In our weekly SSI report, we give DailyFX readers a look at historical movements in the SSI and commensurate movements in price—providing a sentiment-based Forex forecast. http://www.dailyfx.com/technical_analysis/sentiment/

6) Market Brief | Daily, published at the start of each session, covering major Euro session occurrences and most importantly—the overlap between European and US trading sessions. The early US session and late European session is historically the most volatile time of day for major currency pairs, and knowing what to expect out of US open events is critical to everyday trading. http://www.dailyfx.com/forex_market_news/daily_briefings

7) Daily Technicals | Daily, published at 12 noon (EST)
Discussing individual technical outlook for the seven major US dollar crosses. Senior Strategist Jamie Saettele uses Elliott Wave analysis to give forecasts on major currencies. For the non-Elliotticians, DailyFX also offer an early morning Daily Classical report by Technical Strategist Joel Kruger, which uses more traditional technical methods to given relevant forecasts on those same currency pairs.
http://www.dailyfx.com/technical_analysis/elliott_wave/ and http://www.dailyfx.com/technical_analysis

8) Daily Fundamentals | Daily, published at 6 pm (EST)
The wrap-up of all major happenings through the preceding 24 hours of price action. The most-thorough summary and fundamental outlook of the day, it has detailed economic calendars with individual write-ups of the day’s occurrences. DailyFX recommends no trader go without reading the end-of-day fundamentals report. http://www.dailyfx.com/forex_market_news/daily_briefings/

9) Weekly Forecast | Weekly, published Friday at 6 pm (EST)
After market close Friday afternoon this weekly forecast covers the major fundamental events of the preceding week and outlook for the subsequent one. This is a detailed rundown of what to expect out of all 7 major US dollar pairs. http://www.dailyfx.com/forex_market_news/forecasts/


10) Monthly Forecast | Monthly
Both technical and fundamental forecasts available for the Month’s trading outlook.
http://www.dailyfx.com/forex_market_news/forecasts/

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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.

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Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com 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.

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