Low Volatility Driving You Crazy, myfxbook Has the Answer

Last week Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term web portal FXstreet published data that their engagement levels on the English site hit an all time high, even though volumes and Volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term in the market were dropping. After some short back and forth with FXstreet Founder Francesc Riverola, it appears that one of the reasons for the higher engagement rates is that during low volatile markets, and seeing fewer trading opportunities, traders are more likely to be search online for new ideas. As seen in last quarter’s US profitability report, the low volatility hasn’t led to increased profits from traders. Therefore, with losses increasing, it increases the chances that traders will read about new ideas.

Following on the trend to provide more information for traders, forex portal myfxbook, known for its real time broker spread information as well as other analysis pages just released a new Forex Volatility section. The page provides hourly and daily volatility levels of forex pairs as well as a table that provides which days of a calendar month provide the most movement. The new feature also provides pip ranges over various periods. For traders, the data is useful for determining when are low and high volatile periods to trade, what ranges to expect, and comparing trading activity of multiple forex pairs.

There is no question that this type of information my myfxbook is important for traders, and analyzing such data can help one understand when is it a bad time to be trading. It will be interesting though to see what type of feedback the provides receives. In the meantime, bored traders looking for ideas or just something to pass the time during the quiet periods have a new toy to play around with.