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RefcoNews provide multiple tools to help you become
a better forex trader including free market news and real-time quotes.
We strongly suggest you use this site in conjunction with our Free
demo account so that you can test out strategies and learn from
your mistake without risking real money. Go to RefcoNews.com
now.
RefcoFX clients can access streaming market news,
technical levels, forex analysis and FX commentary via the RefcoFX
Forex Trading Platform 24 hours a day. IFR Forex Watch, Thomson
Financial's premier institutional forex news and forex analysis
service, provides the real-time content for this service.
RefcoFX Forex News is not a delayed or abridged version of Thomson
Financial 's IFR Forex Watch, but the complete product suite.
RefcoFX Forex News includes the following features:
24-hour scrolling headlines with all the latest
forex news and commentary. This section is composed of short paragraph-sized
blurbs that are updated 5 to 8 times an hour, allowing traders to
stay ahead of the market. This is the most popular feature of the
news service as it is instant, live and tradable information.
This is a "whispers and rumors" section
on what big global forex traders (major hedge funds and Fortune
500 companies) are buying and selling, and where they are placing
their stops, etc.
This is a great place to go before you trade. The
daily features section includes focused reports for the opening
of each of the trading sessions: North America, Europe and Asia.
Reports include a synopsis of the previous session's activities,
as well as the developments to watch out for in the current session.
This is a must-read for all traders before trading and helps you
know what to look for on the squawk box section.
This includes specific support and resistance levels
for 13 currency pairs with accompanying commentary. This section
contains multiple layers of support/resistance, fibbonacci retracement
levels, moving averages and RSI. No charts to read--just levels!
Trading Outlook offers commentary on 7 specific
currencies (including yen, euro, Swiss franc, and the British pound),
and their movements versus other major currencies. If you are interested
in finding out how yen is trading against the other major currencies,
and the impact on its movement, this is the place to go.
This comprehensive options section includes market
commentary, with trading activity, trading levels, and interests
that are driving the market. The options area also contains a strategy
section, implied as well as historic volatility levels, and risk
reversal pricing.
A comprehensive global calendar of all economic
numbers that are coming out around the world. It also includes a
daily planner of what number to anticipate and events to keep in
mind. Traders will find an enormous data bank of information on
the major central banks including: U.S., Europe, Japan, Canada,
Australia and New Zealand. This data includes interest rate outlooks,
analysis of economic numbers vis-à-vis interest rate decisions,
lists of decision makers, meeting dates and much more.
RefcoFX Forex News is available directly from the
RefcoFX Forex Trading Station. With one click of the mouse, clients
can access RefcoFX Forex News. No additional login is necessary.
The window in which FX News appears is adjustable, enabling the
simultaneous viewing of live prices and real-time news. There is
no cost to RefcoFX clients for this service. Free trials are available
for demo accounts.
To try out RefcoFX Forex News, open a free
demo account now. If you already have a live or demo account
and wish to add RefcoFX Forex News to the RefcoFX Forex Trading
Station, there is a one-time download
required. For downloading instructions click
here.
News User Guide
I understand a lot of different trading strategies
and principles including but not limited to support and resistance
lines, option expiration and what different international news means,
but I don't have the time to find this information or to draw these
lines on multiple currency pairs every few hours. This plug-in puts
all this information before me and also lets me know where large
orders are rumored to be waiting, which is vital for a small trader.
William Cummins
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