FX Engines Launches News Trading Tools

One of my favorite forex trading platforms, FX Engines, has just rolled out a new set of signals and tools enabling you to trade on market-moving news events, such as the release of data on Non-Farm Payrolls, Building Permits, the Consumer Price Index (CPI), Consumer Confidence, Housing Starts, Personal Spending, and Retail Sales - to name just a few.

I've always had a hard time trading on economic news, a problem I ranted about in this post a while back. Having a set of automated tools that will let me place trades at the moment news hits the market, even if I'm fast asleep at the time, should make it a lot easier to start adding this data to my trading system. I'm planning to test out these new features at FX Engines on a demo basis, and if they bring in consistent profits, I'll start trading the news with real funds.

You can read more about these new trading tools on the FX Engines "Trade the News" page. News events to watch in the coming week are ISM Services, Initial Claims, and Wholesale Inventories.

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