ForexEgg Launches Forex Algorithmic Trading
(firmenpresse) - BOULDER, CO -- (Marketwire) -- 10/25/11 -- ForexEgg, the premier resource for Forex market analysis, announced this week the launch of its system.
"We feel confident that our statistical model will perform well and we strive to publish weekly , which show trading activity for the week," says Muhammad Hafeez, software developer for ForexEgg. Each report will list all trades for the week. The reports will also include a profit distribution chart and individual price charts for all trades.
This Forex algorithmic trading program utilizes ForexEgg's Price Analysis Tool to base trade decisions. The Price Analysis Tool determines the current slope and projects the trajectory of future rates. Currently, four major currencies are traded: AUD/USD, EUR/USD, USD/CAD, and USD/JPY.
is widely used by institutional investors, but it is also used by market makers and hedge funds to provide market liquidity. Algorithmic trading can be used in any electronic financial market and with any strategy. The speed that trades execute, make it possible to profit from minute movements and spreads.
ForexEgg is customer oriented and its priority is to provide Forex traders with valuable tools so they can better plan their trading strategies.
For more information about ForexEgg, visit: .
Media Only Contact:
David G. Walder
of ForexEgg LLC
+1-720-235-8020
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Datum: 25.10.2011 - 08:00 Uhr
Sprache: Deutsch
News-ID 1049567
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