The Trading Room is located inside the DailyFX Plus Trading Course and free to all live account holders of FXCM and ODL. Several times per day, the instructors will offer live sessions. These live sessions are generally broken down into 3 different categories.
1) Place A Trade Here instructors share current trading opportunities in the market using the highlighted tool. The trade and market analysis is completed in less than 10 minutes followed by a question and answer period.
2) Office Hours This is an open ended question and answer period that is driven by you, the client. Ask the instructor your questions on the course or current events and find out how it can apply to finding trades in the market.
3) Special Sessions Live sessions that focus on everything else that does not fit into the above categories. These could be topic specific where the topic is not currently in the video player or for special current events and FXCM products. The special session is also followed by a question and answer period.
Access to the Trading Room does require your live account username and password.
i know all the proses i have been attending classes from months, i never had this issue, i got this problem now when i login into trading course i can watch recorded course videos but when i try to enter live room page it is not loading
i know all the proses i have been attending classes from months, i never had this issue, i got this problem now when i login into trading course i can watch recorded course videos but when i try to enter live room page it is not loading
Yes, this is affecting all users at the moment. We have our IT people looking into the issue and we expect to have it resolved shortly. The next live session is 4pm ET which is OFFICE HOURS with Richard Krivo. After that is 9pm ET PLACE A TRADE session. Thank you for your patience.
If this is not the correct forum in which to post this question, please inform me of the correct one.
I would like to link an excel spreadsheet to currency pair trading rates that would dynamically refresh as ticks came in, just like the charts do. I am trying to generate a spreadsheet that will allow me to adjust various parameters such as risk/reward ratio, % of equity to trade, account balance, SL and TP levels at current entry price, value of trade per pip, etc. I know much of this is on the trading station, but I think that by going through the exercise I will get a much better handle on trading that I do now. I may later like to link other data such as DOW, Treasury rates, etc. to observe correlations.
First, I am excited with this article, because it is very similar to things that was happened to me!
I enter a trade "with or without" an stop loss, and went to sleep. When I awakened I see the market I found that goes against my trade and my equity ready to be annihilated! So I enter an opposite trade with the same amount to stop losings (loss). My problem was when to close one of the tradings, it was very difficult. I want to place here an example and I want if possible to give me feedback to learn about my ignorance in this field. (I am a physician looking for income in Forex)
Here is my case:
At the beginning of August of this year the pair EUR/USD reach 1.328, it was uptrend and I had a position of BUY. After that (5 days) the parity was in 1.268 and I did not put an stop loss so suddenly I becan to loose money so I decided to may a reverse order (SELL) without closing the first order (in my mind) in order to stop my loosings. My account support that fall in the market but I was so panic and enter the SELL order. In the beginning of September the pair start in uptrend again and I had to orders (BUY and SELL). I close the BUY order at the 1.3300 point thinking about the pair will be going down again, but it was to this day in uptrend! So my account had a margin call alert and all positions were closed.
In the Trading Course I am learning about do not enter two orders (buy and sell) at the same time, as Richard Krivo said (Instructor of FXCM FORUM) but it is very difficult to know when the market is going to change, (is my opinion as inexpert).
Looking at the picture of the Daily Chart of EUR/USD I see a SSD greater than 80, and I think probably will be down in the next weeks. At this time, the Daily Forex signals says: HOLD, there is a MOMENTUM, and the trend is UPTREND.
If this is not the correct forum in which to post this question, please inform me of the correct one.
I would like to link an excel spreadsheet to currency pair trading rates that would dynamically refresh as ticks came in, just like the charts do. I am trying to generate a spreadsheet that will allow me to adjust various parameters such as risk/reward ratio, % of equity to trade, account balance, SL and TP levels at current entry price, value of trade per pip, etc. I know much of this is on the trading station, but I think that by going through the exercise I will get a much better handle on trading that I do now. I may later like to link other data such as DOW, Treasury rates, etc. to observe correlations.
Thanks to any one who might help.
Tom
Not familiar with one Tom, but I will check around.
Enroll in our online DailyFX Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in our online courses in the past. The new DailyFX Course has nearly 600 minutes of content delivered via video so you can learn at your own pace. Join the instructors in live webinars where they will show you how to use the highlighted tool in current market conditions. Click here to get more information.
First, I am excited with this article, because it is very similar to things that was happened to me!
I enter a trade "with or without" an stop loss, and went to sleep. When I awakened I see the market I found that goes against my trade and my equity ready to be annihilated! So I enter an opposite trade with the same amount to stop losings (loss). My problem was when to close one of the tradings, it was very difficult. I want to place here an example and I want if possible to give me feedback to learn about my ignorance in this field. (I am a physician looking for income in Forex)
Here is my case:
At the beginning of August of this year the pair EUR/USD reach 1.328, it was uptrend and I had a position of BUY. After that (5 days) the parity was in 1.268 and I did not put an stop loss so suddenly I becan to loose money so I decided to may a reverse order (SELL) without closing the first order (in my mind) in order to stop my loosings. My account support that fall in the market but I was so panic and enter the SELL order. In the beginning of September the pair start in uptrend again and I had to orders (BUY and SELL). I close the BUY order at the 1.3300 point thinking about the pair will be going down again, but it was to this day in uptrend! So my account had a margin call alert and all positions were closed.
In the Trading Course I am learning about do not enter two orders (buy and sell) at the same time, as Richard Krivo said (Instructor of FXCM FORUM) but it is very difficult to know when the market is going to change, (is my opinion as inexpert).
Looking at the picture of the Daily Chart of EUR/USD I see a SSD greater than 80, and I think probably will be down in the next weeks. At this time, the Daily Forex signals says: HOLD, there is a MOMENTUM, and the trend is UPTREND.
Thank you about the incoming comments!
This pair may be lower in a couple of weeks than it is not, but there is no way to know for sure. Right now the trend is up which means that we should be looking for buying opportunities and not sells. The fact that the Slow Stochastics is above 80 when the trend is up just confirms that the trend is strong. Here is more on how to identify the trend and why it is important to trade in that same direction.
Enroll in our online DailyFX Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in our online courses in the past. The new DailyFX Course has nearly 600 minutes of content delivered via video so you can learn at your own pace. Join the instructors in live webinars where they will show you how to use the highlighted tool in current market conditions. Click here to get more information.
thomas long, are the gann and 7 - 55 day indicators still valid in todays volatile markets.
Sure...I like using the 20-day high and low on the daily charts and 55 period high and low on the intraday charts.
Enroll in our online DailyFX Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in our online courses in the past. The new DailyFX Course has nearly 600 minutes of content delivered via video so you can learn at your own pace. Join the instructors in live webinars where they will show you how to use the highlighted tool in current market conditions. Click here to get more information.
Hi, please could I receive the DNC indicator that was described in one of the webinars?
Don't think this is the right place to request it, but hoping someone will see my request!
Thanks
Freaaney
We're here! Just send us an email at instructor@dailyfx.com and we will be happy to get you set up. Thanks.
Enroll in our online DailyFX Course today and get personalized instruction from our team of expert traders 24 hours a day. We have taught over 25,000 students and in our online courses in the past. The new DailyFX Course has nearly 600 minutes of content delivered via video so you can learn at your own pace. Join the instructors in live webinars where they will show you how to use the highlighted tool in current market conditions. Click here to get more information.
The Trading Room is located inside the DailyFX Plus Trading Course and free to all live account holders of FXCM and ODL. Several times per day, the instructors will offer live sessions. These live sessions are generally broken down into 3 different categories.
1) Place A Trade Here instructors share current trading opportunities in the market using the highlighted tool. The trade and market analysis is completed in less than 10 minutes followed by a question and answer period.
2) Office Hours This is an open ended question and answer period that is driven by you, the client. Ask the instructor your questions on the course or current events and find out how it can apply to finding trades in the market.
3) Special Sessions Live sessions that focus on everything else that does not fit into the above categories. These could be topic specific where the topic is not currently in the video player or for special current events and FXCM products. The special session is also followed by a question and answer period.
Access to the Trading Room does require your live account username and password.
hello
i have been using fxcm since long time nd a live account holder...never visited the forum n was doing my own trading...jst went thru this forum n got to knw tht they are doing live education n trading...plz can u provide me the link where can i join this live trading session along with the time and days plz..m from london soo time in GMT plz...
will b waiting for ur response..
hello
i have been using fxcm since long time nd a live account holder...never visited the forum n was doing my own trading...jst went thru this forum n got to knw tht they are doing live education n trading...plz can u provide me the link where can i join this live trading session along with the time and days plz..m from london soo time in GMT plz...
will b waiting for ur response..
Hello Abbie.s,
You can access the live training by clicking below :
ACCESS THE LIVE TRAINING
(it does require you to enter your live account username and password to get in)
A couple of things you will like on the page.
1) If there is not a live event going on at that moment, you can view archives of past events by scrolling down to the bottom of the live webinar room
2) You'll notice a schedule of events in the upper left hand corner to see when the events are going on.
3) Click enter room in the upper left hand corner to go back to the webinar room to watch a live event or an archived recording.
Disclaimer: 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. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. 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.