|By Kiana Danial|
|Published: April 25, 2011|
- Result: EUR/USD continually gained. The successful trader would have been the one who had followed the SSI signal and bought the euro.*
- Result: The AUD/USD hit a new, all-time high, and the successful trader would have been the one who had followed the SSI signal and bought the Australian dollar.*
- Result: USD/CAD kept falling, hitting its newest low in three-and-a-half years. If the 85% of those FXCM traders had followed the SSI's consistent signal, and had sold their US dollars against the loonie, they would now be on the right side of the trade.*
Follow the SSI and Increase Your Chances for ProfitMore people are turning to the Speculative Sentiment Index (SSI) as it continues to prove to be a reliable forecasting tool in the forex market. This unique innovation of FXCM Inc. (NYSE: FXCM) reveals where FXCM’s forex-trading crowd is positioned, helps traders create powerful trading strategies, and provides traders with insight where the market might potentially move. The SSI is available free twice a day on DailyFX+ for all FXCM live-account holders. The public can also view a weekly SSI report on Thursdays on DailyFX.com. About FXCM Inc. FXCM Inc. (NYSE: FXCM) is a global online provider of foreign exchange (forex) trading and related services to retail and institutional customers worldwide. At the heart of FXCM's client offering is No Dealing Desk forex trading. Clients benefit from FXCM’s large network of forex liquidity providers enabling FXCM to offer competitive spreads on major currency pairs. Clients have the advantage of mobile trading, one-click order execution, and trading from real-time charts. FXCM's UK subsidiary, Forex Capital Markets Limited, also offers CFD products with no re-quote trading and allows clients to trade forex, oil, gold, silver, and stock indices on one platform. In addition, FXCM offers educational courses on forex trading and provides free news and market research through DailyFX.com. Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. DailyFX has taken reasonable measures to ensure the accuracy of the content herein, however, does not guarantee its accuracy, and will not accept liability for any loss or damage that may arise directly or indirectly from the content and your use of the charting indicator and EAs herein. In addition, the content herein, including, but not limited to, the charting indicators and EAs is provided as general market commentary and does not constitute investment advice.
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