Friday, October 30, 2009

Currenex Alpari Direct - trading platform ECN

The trading platform Currenex Direct from Alpari - ECN-a platform that provides direct access to the market FOREX, trade execution in real-time (Non Dealing Desk) and deals with a click (1 click ESP). Therefore, when using the platform of new technologies eliminate the need to wait until the agent will perform the application, or worry that a warrant is not working as it should - all orders are executed strictly according to its market price.



Platform Alpari Direct allows a trader to perform technical analysis on charts, receiving news from Dow Jones, a well as access to the economic calendar.



For trade in the platform provided a basic set of orders: Market, Limit, Stop, Trailing Stop, OCO (One Cancels Other - one cancels the other).



Available as a trade from the charts, and quotations from the panel with one click, it is sufficient to specify the settings in Tools-> Enable One Click Trading and set the desired lot size.



Alpari Direct trading platform is suitable for scalping, because speed of execution is no problem.
Carry out technical analysis in the platform can be, but a little inconvenient: for example, the grid graph can not be compressed / stretched in the vertical axis (the values of the price), so for a full technical analysis makes sense to use another program, but directly to trade - in Direct.

Advantages trading platform Currenex Alpari Direct:

- Direct access to interbank liquidity
- Instant execution of orders
- Technology Non Dealing Desk (NDD)
- Lack requotes

To begin the work in the platform Currenex, you must:
- Open a demo account Currenex Demo
- Download and install the
- When you run the platform in the window "Connect" to select a server "Demo"
- Enter username and password

Access to the demo account is available for 30 days.

This program requires the package. NET Framework 2.0 Service Pack 2.


Download Currenex Alpari Direct (7.6 MB)

Unemployment in the euro zone rose in September to 9.7%, as expected

Taking into account seasonal factors, unemployment in the eurozone reached 9.7% in September this year, said the EU statistical agency Eurostat. Rate corresponds to analysts' forecasts. A month earlier, unemployment in the area of the single European currency was 9,6%. Note that this is the highest value of the unemployment rate since January 1999. In annual terms the index rose by 2,6% (from 7,1% in September 2008).
The total number of unemployed in the euro zone rose in September to 184 000 in monthly terms and amounted to 15.324 million. On an annual basis the total number of unemployed has increased by 3, 204 million people.

Preliminary assessment of the level of inflation in the euro area: -0.1% for October

Data on annual inflation in the euro area (harmonized index of consumer prices), published today, the EU statistical agency Eurostat, consistent with analysts' forecasts.
According to preliminary estimates, the annual consumer price index for the euro area amounted to -0,1% in October. Recall that in September the annual inflation rate was -0.3%.

The index of house prices Nationwide has grown less than expected in October

Index of house prices Nationwide in the UK rose in October to 0,4%. Recall that in the previous month had risen to 0,9%, and in October predicted an increase of 0,7%.
In annual terms, house prices in Britain back to a positive mark for the first time since March 2008, an increase of 2,0% in October compared to 0,0% in the previous month.
Average price of homes in Britain during the reporting period amounted to 162 038 pounds compared with 161 816 pounds a month earlier.

Aggressive dollar / yen sellers could return to the market

To begin with, that our prediction was confirmed yesterday - the breakdown of the level of resistance 90.80, resulted in increasing bullish sentiment and the growth of quotations in the region of local maxima, but near the 91.50 level upward movement has slowed down and began selling the dollar / yen, which are still going on ...

USD / JPY


Now look at the indicators:

Exchange rate is below the moving averages with periods of 89 and 144, which are strong levels of support for 90.90 and 90.20/00, but above average with periods of 55 and 34 - resistance levels 91.20/30 and 91.50 respectively.

The MACD histogram is located in the negative zone, began to decline in the near future may cross its signal line downwards, and thereby generate a signal to sell the dollar / yen.

Stochastic Oscillator is in the neutral zone and has already formed such a signal as the% K line crossed the line% D top-down and start to fall below it.

Therefore, as a confirmation that the market can return the aggressive sellers of dollar / yen, it remained only to wait for the breakdown level of support to 90.90/80, which could open the way for the bears to the levels of 90.20/00 and 89.40.

Resistance Levels: 91.00, 91.30/50, 91.80, 92.00/10, 92.50, 92.70, 93.00

Current price: 90.96

Levels of support: 90.90/80, 90.50, 90.20/00, 89.70, 89.50, 89.30, 89.10/00