Free $25 Sign-up Bonus Upon Opening Forex Account

[RebateFX.com]

Originally Posted by TaoJin88

what is ECN broker? never heard about it

It's an "Electronic Communications Network". Basically a more direct link to the bank for your trades instead of being shunted through a dealing desk first.

[primarylogic]

Originally Posted by RebateFX.com

I want ECN trading on MT4 at FXOpen. It would be a killer feature!

You mean ECN terminal on MT4, integration?
A great idea!
If can be true, it would be a killer feature surely!

[RebateFX.com]

Originally Posted by primarylogic

You mean ECN terminal on MT4, integration?
A great idea!
If can be true, it would be a killer feature surely!

Yes, MT4 with ECN feed and execution. I dream of this

[Alizain]

Originally Posted by RebateFX.com

I want ECN trading on MT4 at FXOpen. It would be a killer feature!

killer feature ? like a killer product

[Alizain]

Originally Posted by RebateFX.com

Yes, MT4 with ECN feed and execution. I dream of this

I read few article about ECN system and i sure traders like that, cause it give more profits for trader ) and it will make FxOpen become more popular if that happened.

[primarylogic]

Originally Posted by Alizain

I read few article about ECN system and i sure traders like that, cause it give more profits for trader ) and it will make FxOpen become more popular if that happened.

yes

Expect a combined platform of ECN & MT4 of FXOPEN.

[primarylogic]

US Dollar - Could Non-Farm Payrolls Fall By 100K?

The US dollar has appreciated in recent weeks, as overnight index swaps signal that traders expect the Federal Reserve to raise rates by 75 basis points over the course of the next eight FOMC meetings. However, the next release of non-farm payrolls is expected to reveal job losses for the seventh consecutive month while the US unemployment rate is anticipated to hit a 4-year high of 5.6 percent. What are the chances that non-farm payrolls will prove to be even worse than forecasted, and more importantly, how will this impact the US dollar?

[primarylogic]

Originally Posted by primarylogic

US Dollar - Could Non-Farm Payrolls Fall By 100K?

The US dollar has appreciated in recent weeks, as overnight index swaps signal that traders expect the Federal Reserve to raise rates by 75 basis points over the course of the next eight FOMC meetings. However, the next release of non-farm payrolls is expected to reveal job losses for the seventh consecutive month while the US unemployment rate is anticipated to hit a 4-year high of 5.6 percent. What are the chances that non-farm payrolls will prove to be even worse than forecasted, and more importantly, how will this impact the US dollar?

US Dollar Depends On Fed For Direction Next Week - Watch What They Say, Not What They Do
The US dollar’s consolidation continued on Friday as US non-farm payrolls (NFPs) failed to have a lasting impact on the currency. While the currency did initially jump across the majors on the news that NFPs were not quite as bad as expected at -51K (consensus expectation: -75K), the greenback pulled back over the following two hours. There were a few factors coming in to play here. First, the unemployment rate actually rose more than anticipated to a 4+ year high of 5.7 percent from 5.5 percent, highlighting the fact that NFPs have fallen for seven months in a row and the labor markets remain exceptionally weak (see our NFP Instant Insight for more). This was followed by the 10:00 EDT release of ISM Manufacturing, which fell less than expected to a reading of 50.0 in July (consensus forecast: 49.0) from 50.2, signaling a stagnation of activity in the sector. Looking at a breakdown of the report, an increase in production was offset by a contraction in new orders. Meanwhile, the prices paid component surprisingly showed that they grew at a slower pace, which should help to lessen the Federal Reserve's inflation concerns. The most startling part of the release, however, was the surge in the employment component to 51.9 from 43.7, which indicates a marked rise in hiring. This certainly would have been helpful ahead of the NFP release since it was a bit better-than-forecasts, but at the same time, would have been misleading since the report ultimately reflected net job losses in the sector. Looking ahead, Tuesday’s Federal Reserve meeting will be THE key event of next week. However, this has less to do with the actual rate decision (the FOMC is widely expected to leave rates steady at 2.00 percent) and more to do with what they say in their subsequent policy statement, as inflation-focused comments could easily drive the US dollar higher.

[primarylogic]

Monday is usually adjusted Quotes.
EU have a retracement now.

[TaoJin88]

wow, EU is droping now, so i think it will go to 1.53 this time