Low Volatility Driving You Crazy, myfxbook Has the Answer
Last week forex web portal FXstreet published data that their engagement levels on the English site hit an all time

Last week forex web portal FXstreet published data that their engagement levels on the English site hit an all time high, even though volumes and volatility 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.
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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.
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Hi Ron
We happen to have the feature too…. plus some more at our FXStudies 🙂
http://www.fxstreet.com/forex-studies/share.aspx?w=t&id=ec11884c-dfc0-4455-9bf0-c74b855230bc
This can not be considered self-promotion… right? 🙂 🙂
Francesc
great eye for details. but in this case it’s not a good indication – 90% of oanda’s business is in the us, while most of fxcm’s is outside of it
I disagree. I think that broker’s own social network can be a huge advantage just like its own forex portal. Years ago people would say that broker’s own portal will never be something they’d visit as they can be limited and misleading but take a look at dailyfx and fx360 now. Also, you are forgetting one huge advantage: identical execution. One of the biggest problems and concerns of following other peoples’ strategies is that pricing and execution at various brokers can be substantially different. For instance, if the signal provider traders with GFT and its follower trades with FX Club… Read more »
I disagree. I think that broker’s own social network can be a huge advantage just like its own forex portal. Years ago people would say that broker’s own portal will never be something they’d visit as they can be limited and misleading but take a look at dailyfx and fx360 now. Also, you are forgetting one huge advantage: identical execution. One of the biggest problems and concerns of following other peoples’ strategies is that pricing and execution at various brokers can be substantially different. For instance, if the signal provider traders with GFT and its follower trades with FX Club… Read more »
great eye for details. but in this case it’s not a good indication – 90% of oanda’s business is in the us, while most of fxcm’s is outside of it
Hi Ron
We happen to have the feature too…. plus some more at our FXStudies 🙂
http://www.fxstreet.com/forex-studies/share.aspx?w=t&id=ec11884c-dfc0-4455-9bf0-c74b855230bc
This can not be considered self-promotion… right? 🙂 🙂
Francesc
This is a very very old tool on Forexticket 😉
http://www.forexticket.co.uk/en/tools/02-01-volatility
This is a very very old tool on Forexticket 😉
http://www.forexticket.co.uk/en/tools/02-01-volatility
@Francesc & Arnaud – Sweet – but who’ll be the first to get a few brokers to tack on buy/sell buttons directly on your websites.
@Francesc & Arnaud – Sweet – but who’ll be the first to get a few brokers to tack on buy/sell buttons directly on your websites.
it also causes conflict of interest as signal providers excessively trade in order to generate more fees
it also causes conflict of interest as signal providers excessively trade in order to generate more fees
a buy sell button… that is a good idea!
The question was not who was the first… but you presented a supposed new tool which was on other websites for more than 4 years.
If you have more information about the buy/sell button I will be very interested
a buy sell button… that is a good idea!
The question was not who was the first… but you presented a supposed new tool which was on other websites for more than 4 years.
If you have more information about the buy/sell button I will be very interested
Fracesc – doesnt the above sound familiar?
wow, thanks for your valuable comment and constructive feedback – keep going this way and you’ll get places
avafx started to market this service just last week so for me it’s new and i’ve also never heard of ayondo
where’s ‘etoro is dead in the water’ coming from? do you need to improve your research?
wow, thanks for your valuable comment and constructive feedback – keep going this way and you’ll get places
avafx started to market this service just last week so for me it’s new and i’ve also never heard of ayondo
where’s ‘etoro is dead in the water’ coming from? do you need to improve your research?
Fracesc – doesnt the above sound familiar?
@Arnaud – well I never stated it was new in the field as much as it was for them. But, I have to admit that I don’t see many retail traders using it as part of their money making strategies. If I had to pick a favorite tool it the correlation one that you guys have. I am big into correlations and believe it is the most underutilized analysis by retail traders. Buy/Sell buttons – If a site has banner ads, then why not an iframe that can connect to a brokers webtrader. A few years ago I did some… Read more »
@Arnaud – well I never stated it was new in the field as much as it was for them. But, I have to admit that I don’t see many retail traders using it as part of their money making strategies. If I had to pick a favorite tool it the correlation one that you guys have. I am big into correlations and believe it is the most underutilized analysis by retail traders. Buy/Sell buttons – If a site has banner ads, then why not an iframe that can connect to a brokers webtrader. A few years ago I did some… Read more »
Andy – Judging by this action, socialism is alive and well in Italy and Germany
Andy – Judging by this action, socialism is alive and well in Italy and Germany