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  • #7,781
  • Jun 27, 2015 12:56am Jun 27, 2015 12:56am
What hasn't FXCM created a better one click trader like Tickmill http://www.tickmill.com/one-click-trader/. It would make MT4 orders so much easier?
  • #7,782
  • Jun 29, 2015 8:26am Jun 29, 2015 8:26am
Concerning the issue with the HISTORY DATA of FXCM only being available for big accounts, bigger than 10.000$ or you have to pay 500$. Jason promissed me to discussed the matter at FXCM. It would be nice if we, lesser mortals, could already have for example 5 years of EURUSD. Also considering that from Oanda you get it also for free. You need only a 1000$ account. And let's be serious here. Sending the client 1 file with tick data cost nothing.
So i am hopefully waiting to see if Jason can make the difference and make FXCM a bit more gentle.
  • #7,783
  • Jun 29, 2015 9:20am Jun 29, 2015 9:20am
How much history do you get if you dont have big account in fxcm now?
  • #7,784
  • Jun 29, 2015 9:26am Jun 29, 2015 9:26am
Quoting MoreYummy
How much history do you get if you dont have big account in fxcm now?
1 month
  • #7,785
  • Jun 29, 2015 12:26pm Jun 29, 2015 12:26pm
Euro Set for Rocky Week as Greece Stares into the Abyss

What currency strategist Christopher Vecchio noted on DailyFX.com last Friday, but is absolutely worth reiterating now, is the notion of risk management with respect to the EUR-crosses. It may be deemed best risk management practice for traders to reduce position size and leverage in EUR-crosses for the foreseeable future.

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While the potential outcome for Greece is unknown - the absolute magnitude of the fallout around a positive or negative outcome will be enough to have a significant impact on prices over the coming week at a minimum.
  • #7,786
  • Jun 29, 2015 3:48pm Jun 29, 2015 3:48pm
Quoting Singha83
I have a quick question with my MT4 platform on FXCM. My current time is about 625 PM Pacific Standard Time but my charts show up with about 425 AM and I am confused why my charts are showing up with a eastern european time zone. Can you explain why this is occuring and how i can fix it. I am assuming because I am in the USA, I would need my charts to reflect the timezone New York City is in. {image}
Hi Singha,

All of FXCM's USD-denominated MT4 servers are set to GMT+3 so the daily candles begin and end in sync with the New York Close. That means midnight on your MT4 charts corresponds to 5pm New York Time. You can still view the time zone of your choice on your MT4 charts by using the free Custom Time Zones app available at FXCMapps.com: http://bit.ly/1yI4fDA
  • #7,787
  • Jun 29, 2015 4:10pm Jun 29, 2015 4:10pm
Quoting hayseed
new margin rates..... should be no surprise.... //---- http://www.dailyfx.com/forex_forum/f...cm-llc-us.html //----- from the email.... Note: Monitor usable margin closely, making sure it stays above zero. We recommend a usable margin thats at least 80% of your account equity (usable margin plus used margin). //----- 80% is choking up pretty high on the bat..... to each his own, but i'd say triple that '80%' at the minimum..... my typical margin level...
Hi Hayseed,

As you noted the usable margin levels are just recommendations. An 80% usable margin with the 2% margin requirements here in the US translates to around 10:1 effective leverage.

Just a note, the new margin requirements for FXCM US that went in effect this past weekend are simply accounting for the changes in exchange rates between the base currency of the pair you are trading and the currency in which your account is denominated. For example, if you're trading EUR/USD in a USD-denominated trading account, then your margin requirement per 1k micro lot has gone from $24 up to $26. By contrast, the margin requirement on a micro lot of NZD/USD has gone from $18 down to $16. That's because the Euro has gone up in value relative to the US dollar, while the New Zealand dollar has gone down.
  • #7,788
  • Jun 29, 2015 4:51pm Jun 29, 2015 4:51pm
Quoting BubbaHotep
It would make MT4 orders so much easier?
Thanks for your request. So that I can share this feedback with our programmers, was there something about their one-click trading functionality that you preferred over the built-in one-click options available on MT4 and the one-click trading scripts on FXCMapps.com?
  • #7,789
  • Jun 29, 2015 6:48pm Jun 29, 2015 6:48pm
Quoting Jason Rogers
{quote} Hi Singha, All of FXCM's USD-denominated MT4 servers are set to GMT+3 so the daily candles begin and end in sync with the New York Close. That means midnight on your MT4 charts corresponds to 5pm New York Time. You can still view the time zone of your choice on your MT4 charts by using the free Custom Time Zones app available at FXCMapps.com: http://bit.ly/1yI4fDA


Thanks for the great response!
I love forex. One day it will love me back.
  • #7,790
  • Jun 30, 2015 12:08pm Jun 30, 2015 12:08pm
Quoting Singha83
{quote} Thanks for the great response!
It's my pleasure, Singha
  • #7,791
  • Jun 30, 2015 12:08pm Jun 30, 2015 12:08pm
What are the Critical Dates for Greece and the Euro?

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Data Source: Bloomberg, Wall Street Journal. Prepared by David Rodriguez, Quantitative Strategist for DailyFX.com


Whats the Most Important Date on the Calendar?

In concrete terms, the single most significant deadline on the calendar is likely the European Central Bank bond repayment due on July, 19--assuming that the Greek Government remains solvent up until that point.

Any surprises could force substantial market moves, and traders should limit trading leverage--particularly in EUR pairs--ahead of the key dates. Caution is advised until we see a true breakthrough in negotiations.
  • #7,792
  • Edited 12:45pm Jun 30, 2015 12:18pm | Edited 12:45pm
Quoting MoreYummy
How much history do you get if you dont have big account in fxcm now?
Quoting CatMan
{quote} 1 month
Anyone desperate for FXCM realtime historical data, for one-off analysis or trading, can get back to 2011 for CFDs and 2007 for FX from Sierra Chart that has an FXCM feed. Please note:

  1. I do not work for Sierra Chart
  2. I do not work for FXCM
  3. I have a subscription to Sierra Chart FXCM feed.

See http://www.forexfactory.com/showthre...88#post8018488 or use search engine for further information.

TSLA: 30-Dec-22 123.18 // 16-Jun-23 260.54 **111.51%**
  • #7,793
  • Jun 30, 2015 3:30pm Jun 30, 2015 3:30pm
Quoting Phylo
Quoting MoreYummy How much history do you get if you dont have big account in fxcm now? {quote} Anyone desperate for FXCM realtime historical data, for one-off analysis or trading, can get back to 2011 for CFDs and 2007 for FX from Sierra Chart that has an FXCM feed. Please note: I do not work for Sierra Chart I do not work for FXCM I have a subscription to Sierra Chart FXCM feed. See http://www.forexfactory.com/showthre...88#post8018488 or use search...
Thanks for that suggestion, Phylo
  • #7,794
  • Jun 30, 2015 3:33pm Jun 30, 2015 3:33pm
Quoting MoreYummy
How much history do you get if you dont have big account in fxcm now?
Quoting CatMan
{quote} 1 month
Just to clarify for everyone reading, this only applies to MT4. FXCM account holders can log into Trading Station and access chart data going back many years. The same login details will allow you to access both MT4 and Trading Station.
  • #7,795
  • Jun 30, 2015 3:36pm Jun 30, 2015 3:36pm
Quoting CatMan
Concerning the issue with the HISTORY DATA of FXCM only being available for big accounts, bigger than 10.000$ or you have to pay 500$. Jason promissed me to discussed the matter at FXCM. It would be nice if we, lesser mortals, could already have for example 5 years of EURUSD. Also considering that from Oanda you get it also for free. You need only a 1000$ account. And let's be serious here. Sending the client 1 file with tick data cost nothing. So i am hopefully waiting to see if Jason can make the difference and make FXCM a bit more gentle.
Hi CatMan,

I've just emailed you with a solution. Please reply back to it with any questions.

Thanks,
Jason
  • #7,796
  • Jul 1, 2015 6:14pm Jul 1, 2015 6:14pm
Below are the CFD holiday trading hours for July. Forex trading hours remain unchanged, and you can view the holiday rollover interest schedule here: bit.ly/14Wwoso


Times below are in GMT
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  • #7,797
  • Jul 2, 2015 2:30am Jul 2, 2015 2:30am
Hi , is FXCM ECN NDD ?
  • #7,798
  • Jul 2, 2015 3:37am Jul 2, 2015 3:37am
Quoting Jason Rogers
{quote} Hi CatMan, I've just emailed you with a solution. Please reply back to it with any questions. Thanks, Jason
You are doing a great job Jason ! My fellow traders ... This Jason is the man ! Ask him for Tick history data to back test your strategies on MT4, he will help you !

Unfortunately the link goes to a page not found. Please I live in Europe and have a UK account.
  • #7,799
  • Jul 2, 2015 1:39pm Jul 2, 2015 1:39pm
Quoting CatMan
{quote} You are doing a great job Jason ! My fellow traders ... This Jason is the man ! Ask him for Tick history data to back test your strategies on MT4, he will help you ! Unfortunately the link goes to a page not found. Please I live in Europe and have a UK account.
Thanks CatMan, I just sent you an email with the updated link. Please let me know if you need anything else.
  • #7,800
  • Jul 2, 2015 1:42pm Jul 2, 2015 1:42pm
Quoting edyraper
Hi , is FXCM ECN NDD ?
Hi Edyraper,

FXCM offers you No Dealing Desk (NDD) forex execution. On the NDD model, we offset each of your orders one-for-one with the best prices from competing liquidity providers. That means we don't profit from your losses or lose from your profits. Instead, we make our money of your trading volume. Therefore, it is in our best interests for you to profitabile, so you continue trading.
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