Any good news feeds?

[peteuk]

Originally posted by nico3725
Hello everybody,

Realtime Forex will provide very good online streaming news in coming days : G7 economic indicators, reports, rumors, where are the big orders to sell/buy, stop loss, option barrier, reactions of the market/trader, technical analysis, etc..

have a look at www.realtimeforex.com in coming days.

Regards. Nico.

That's more the type of thing I was after, thanks Nico. It would save having to download and run demo trading software, and being kept informed about big orders and s/l would be a big bonus

Any idea when it will be online?

Pete

[nico3725]

Online streaming news are available from today 26 May.

If Done Order and Loop orders are as well available.

[nico3725]

Any Feedback on Realtimeforex.com online News ????

[peteuk]

I must apologise for not having followed up on the topic, you know what it's like...why do today what can be left till tommorrow!

I've just had a look at your new site layout (www.realtimeforex.com) there Nico, very nice, and the news popout is really ideal for what I want, thanks.

Are you still going to be publishing a daily market view? I always found it a helpful overview and more times than not quite accurate.

I'm just trying to get my head round your 'loop order' facility on live trading accounts, it's not something I'm too familiar with.

Regards

Pete

[nico3725]

hello Pete,

We are now updating the new version of our website, this is why today you can't perhaps not have a look at our Daily market comment.

Concerning the loop order, please find below how to use it :

A Loop Order is a perpetual or repeating order placed in anticipation of a cyclical movement in the market. It is a pair of matching orders where the first leg is active and the second dormant. When the desired price is reached for the active order, it is executed, the dormant order becomes active, and a new order (a copy of the one just executed) is created in a dormant state. This process repeats until the order is explicitly cancelled.

Normally both legs of a Loop Order are Limit orders and they always are for the same amount.

For example, if a trader expects the rate of an instrument to fluctuate between two levels (range trading), a Loop Order placed just inside the limits of the fluctuations will produce repeated good results.


Best regards. Nico.