Those of you who have noticed, we’ve been working really hard the past few months to bring you new and super useful features unavailable anywhere else and here is our latest development: a new section called Forex Swaps covering over 200 brokers! Swaps are important factor in trading as it can make or break your trading plan.

In this section you can easily compare the swap paid (or debited) to you in a table format. You can choose the currencies to compare to and filter the swaps according to your criteria:

Clicking on a broker will show all of its swap rates and you’ll be able to easily compare the swap against swap values of other brokers in a chart:

Also, as per your request, the community outlook chart was upgraded and it now includes a live currency feed (for the currency you’re viewing) and 6 different timeframes (more timeframes will be added as soon as there is enough data collected):

Have a great week,

The Myfxbook team.

We’re excited to announce the addition of a new section called forex correlation. Before going over the section and its unique features, a quick explanation about why correlation is important for your trading.

Correlation tells you how two currencies move in relation to each other. Currencies can have a positive correlation (meaning they move in the same direction) and a negative correlation (meaning they move in opposite directions). Why should you care? If you’re trading 2 currency pairs which have a very high positive correlation, you’re effectively increasing your risk as if one position goes against you, so will the other one, based on their correlation. On the other hand, if you trade two currencies which have a high negative correlation, you are unlikely to have both positions profitable at the same time, due to the negative correlation. This is why you should be aware of correlations which can in turn reduce risk and improve your returns.

Moving on to the new section – the first page covers all of the correlations you would like to know of in one quick glance:

You can filter correlations in real-time based on min/max values.

Clicking on a correlation result will get you to a historic correlation chart where you can compare up to 10 more correlations side by side:

Clicking on a currency will reveal the top positive correlated currencies, top negative correlated currencies and top correlated currencies (absolute value) along with radar charts to help illustrate the correlation:

Have fun exploring the new section and do let us know of any feedback you may have.

Have a great week,

The Myfxbook team.

We’re happy to announce the much anticipated community outlook history chart . Having over 27,000 real active accounts connected to Myfxbook, our community outlook is the most accurate and useful forex sentiment tool out there!

The outlook data is saved every minute to provide you an up to date history chart. You can load historic data by scrolling left with the chart’s scroller.

Have a great week,

The Myfxbook team.

We’re excited to reveal the addition of another very useful section called Forex Volatility:

In this section, you can see in one glance the volatility of each available forex currency (over 50)  in each of the available timeframes (9 to be exact). Moreover, you’re able to filter in real time the desired volatility, by a max/min value.

Clicking on a currency, will reveal its complete volatility analysis, either by hour of day, day of week, or day of month:

Moreover, you’re able to select/deselect any of the available search criteria and analyze the expected volatility (again) in real time! You’ll also notice the volatility filtration level based on your settings, so you know how much volatility are you catching (or missing):

Wish to compare another currency side by side? No problem! Just select the currency for comparison and continue analyzing the data in real time.

With the help of this new section, you can now answer many questions, such as:

– What is the most volatile and least volatile currency?

– Am I missing a lot of the market’s volatility when I trade?

– What hours should I avoid due to lower volatility?

– What currencies have a similar volatility?

As always, let us know of any feedback you may have and any additional sections (or tools) you’re missing.

Happy trading,

The Myfxbook team.

We’ve just added a history page which you can use to fetch forex historical data for each of the available currencies (over 50!)  in a timeframe of your choice:

The historical data page is available at the bottom of each currency overview page:

We’ve also added 2 features to the chart; You can now see who is following your chart and who is agreeing with your chart:

We’ve also added 22 new symbols to our economic calender, covering even more economic events, all in real time: PEI, CZK, MXN, CLP, NOK, RUB, ARS, ANG, EEK, IDR, TRY, ROL, SGD, QAR, HKD, COP, DKK, SEK, BRL, PLN, KRW, KPW.

You can select the new symbols from the ‘more’ options of the economic calendar:

Have a great week,

The Myfxbook team.

Today we’ve added top forex charts sections for viewing:

• The most followed forex charts

• The most viewed forex charts

• The most agreed forex charts

• The most commented forex charts

These sections can be accessed from the top charts menu (or from the charts section above the charts):

We’ve also added an option to filter out charts based on symbol and timeframe:

One final addition is to the forex market section – you can now select which symbols to include in the table:

Have a great week,

The Myfxbook team.

We’re excited to announce the next forex trading contest, sponsored by FXCM!

$5,000 in total prizes will be given out:

• $3,000 to 1st place

• $2,000 to 2nd place

The contest will start in 2 weeks, on November 14th, so hurry up and register: https://www.myfxbook.com/contests/trading-championship-november-2012-fxcm/12/rules

Have a great rest of the week! 🙂

The Myfxbook team.

Today we’ve added another section called Market! It shows over 50 different currency quotes in real time in a table format, along with a change indicator to quickly assess today’s direction:

Clicking on a specific currency will get you to the currency’s page which includes a chart and a change indicator per each time frame:

Please let us know of any feedback you may have about this section or suggestions for additional pages.

Regards,

The Myfxbook team.

We’ve added some new cool features which you can see below:

• Auto complete for a username participating in a discussion for quick reference:

• Spreads can now include commission with a click of a button:

• Currency in a chart can now be typed in for quicker and easier selection

• You can now export the Forex Economic Calendar either as a CSV or an XML

We’ve also added a new section called “Most Popular Forex Systems” – this section provides the top 10 viewed systems, top 10 followed systems, and top 10 discussed systems of all time!

Wish you a great trading week ahead!

The Myfxbook team.

We’re happy to announce the winners of our latest contest sponsored by IamFX!

Here’s some interesting information about the competitors – only 18% ended up profitable and almost 20% got margin called;

And the winners are:

1st place – rudijepara with a 3332.92% gain, winning a $3,000 real funded forex account  https://www.myfxbook.com/members/rudijepara/contest-rudijepara/384666

2nd place – gornkung with a 2279.28% gain, winning a $1,500 real funded forex account https://www.myfxbook.com/members/gornkung/contest-gornkung/371868

3rd place – DAF666 with a 1201.09% gain, winning a $500 real funded forex account https://www.myfxbook.com/members/DAF666/contest-daf666/377453

Congratulations winners! You will be contacted by IamFX to claim your prizes!

Thank you all who participated. Until the next contest! 🙂

Have a great week,

The Myfxbook team.