Rotating Image Header

FXLQ – Forex Market Still Waiting

Last Thursday, Brian from FXLQ told me that they were going to have MetaTrader technicians from Europe in their offices on December 27th, 28th, and 29th. These specialized tech’s are supposed to install a final upgrade, which will include an upgrade to FXLQ’s MetaTrader server that should eliminate the execution problems we have been experiencing. He told me that the addition of liquidity providers to the platform is on track, so the price feed should continue to improve up until January 1st. I just want to make it clear that even though the system might allow us to trade by January 1st, the Forex market might not have enough liquidity during the first week of January (liquidity has been decreasing during the last week or so). Even though we will always be looking for trading opportunities, if trading is really slow – we won’t force any trades just for the heck of it. It has to make sense.

The new Currenex Trading System is also ready for trading with live funds. We should start trading with it sometime in the first two weeks of January and keep you posted on the results.

The future of day trading looks bright!