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Forex Associates Announces 3 Month Results for Its New Version Release of FA21 v1.21 Auto Trading Robot: 94.8% Gain

Coral Springs, Florida (PRWEB) November 07, 2011

Forex Associates, Inc a provider of trading software for the Forex spot currency market, announced today the general release of FA21 v1.21 and the audited results of the proprietary automated trading software. The v1.21 version introduces trading enhancement upgrades to its v1.19 version including PAMM (percentage allocation money manager) and time of day trading. FA21 works with FXCM’s Trading Station II platform. FA21 is designed to be a user friendly, self-administrated Forex trading platform for the independent retail trader. FA21 is available for a free no obligation 30 day trial and can be used with demo or real trading accounts.

FA21 audited trading results for August-October 2011 were as follows:*

    Gain: 94.8%
    Number of Trades: 110
    Wins: 86, Loss: 24
    Percentage Win: 79%
    Number of Lots: 2007.22
    PIPS: +401.1 net
    Account type: Demo

“The new advanced features of FA21 such as PAMM will provide users better money management controls to maximize opportunities in the Forex market for small independent traders, ” stated George Thomas, managing partner of Forex Associates.

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. FXCM is an independent legal entity and is not affiliated with Forex Associates, Inc. FXCM does not endorse any product or service described here. Forex Associates acts as a service provider for FXCM. FXCM platform is able to support Forex Associates’ technology.

*The trading results analytics displayed on the Forex Associates website were created, analyzed, published by and directly linked to independent third party online analytical service provider, MyFXBook.

About MyFXBook

MyFXBook was created for the professional community of Forex traders where performance is transparent and audited. MyFXBook provides advanced statistical analysis automatically and posts the results to the community through its online portal. MyFXBook is not affiliated with Forex Associates, Inc. Visit us http://www.myfxbook.com/members/ForexAssociates/fa21-trading-results/143584

About Forex Associates

Founded in 2005, Forex Associates Inc developed FA21, an semi-automated Forex trading software which was released it to the public in August 2011. Forex Associates is not a broker. Forex Associates utilizes MyFXBook as its independent auditing service to transparently publish the trading results of FA21. Visit us at http://www.forexassociates.com

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

In A Rare Move, Bank of Japan Issues Market Warnings by Supplying Dollars

Forex Ecn

Hong Kong (PRWEB) November 08, 2011

For the first time in more than a year, the Bank of Japan supplied dollars in market operations, according to online Forex Ecn experts at InvestTechFX, which indicates that global market strains could push the Yen higher again. The exposure of banks to the Euro zone debt crisis has raised fears of a new credit crunch due to which dollar funding has become increasingly tight in global money markets.

With Japan’s money markets being largely stable and Bank of Japan’s operations to supply unlimited amounts of dollars since July 2010, it was immune to these concerns. The central bank recently supplied $ 2 million for a week in one operation and $ 100 million in a second operation for three months. Online Forex operators at the company InvestTechFX speculated that a non-Japanese bank with operations in the country wanted the money to secure their funds for the end of the year.

Some banks are expected to rely on funding from central banks with a widening in money market rates due to Europe’s debt woes. The current debt crisis has made it cheaper for banks to raise dollars under the Bank of Japan’s fixed-rate dollar operation that rarely draws bids because it usually costs more than borrowing dollars in the open market, though it offers unlimited amounts of dollars against collateral.

The Yen rose to a fresh record high against the dollar and sold heavily this week due to the euro zone debt crisis that poses risks to Japan’s economy and it is likely that global market will remain under intense strain with Europe’s debt problems not getting resolved anytime soon. After EU leaders drew up the measures, stock-gains made last week have been wiped out in a relief rally as Japan is in the process of stepping up monetary easing.

The FX trading company InvestTechFX is a proven leader in the industry of artificial intelligence software. Their advanced, customizable, intuitive, efficient, and sophisticated trading Forex currency exchange tools empower people to make the most of successful Fx Trading . The top online Forex operators have more than 20 years of experience in the financial markets and they offer new, exciting, and innovative solutions along with a detailed and comprehensive learning center.http://www.investtechfx.com

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©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.

Question by iip: are there any free website for online FOREX TRADING(india) course with videos?
i need to learn online and free forex trading course based on indian currency with videos,so it will be easy to understand!

Best answer:

Answer by Njknk
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Know better? Leave your own answer in the comments!